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Toronto, Ontario TheNewswire – January 21, 2026 Homeland Nickel Inc. (‘Homeland’ or the ‘Company’) (TSX-V: SHL, OTC: SRCGF), at the request of Canadian Investment Regulatory Organization (CIRO), wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

Homeland Nickel is a Canadian-based mineral exploration company focused on critical metal resources with nine nickel projects in Oregon, United States and copper and gold projects in Newfoundland, Canada. The Company holds a significant portfolio of mining securities including 442 thousand shares of Canada Nickel Company Inc. (TSX-V: CNC), 9.960 million shares of Noble Mineral Exploration Inc. (TSX-V: NOB), 11.447 million shares of Benton Resources Inc. (TSX-V: BEX), 81,150 shares of Vinland Lithium Inc. (TSX-V: VLD) and 2.761 million shares of Magna Terra Minerals Inc. (TSX-V: MTT). Homeland Nickel’s common shares trade on the TSX Venture Exchange under the symbol ‘SHL’ and on the OTCQB under the symbol ‘SRCGF’. More detailed information can be found on the Company’s website at:

http://www.homelandnickel.com 

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company’s control that may cause actual results or performance to differ materially from those currently anticipated in such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Stephen Balch, President & CEO

Phone:        905-407-9586

Email:        steve@beci.ca

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday.

Usually known only by his first name, Valentino was 93, and had retired in 2008.

Founder of the eponymous brand, Valentino scaled the heights of haute couture, created a business empire and introduced a new color to the fashion world, the ‘Valentino Red.’

‘Valentino Garavani passed away today at his Roman residence, surrounded by his loved ones,’ the foundation said on Instagram.

He will lie in state Wednesday and Thursday, while the funeral will take place in Rome on Friday, it added.

Ira de Fürstenberg, president of Valentino Parfums, alongside Valentino Garavani in his perfume laboratory in 1978.Alain Dejean / Getty Images file

Valentino was ranked alongside Giorgio Armani and Karl Lagerfeld as the last of the great designers from an era before fashion became a global, highly commercial industry run as much by accountants and marketing executives as the couturiers.

Lagerfeld died in 2019, while Armani died in September.

Valentino was adored by generations of royals, first ladies and movie stars, from Jackie Kennedy Onassis to Julia Roberts and Queen Rania of Jordan, who swore the designer always made them look and feel their best.

“I know what women want,” he once remarked. “They want to be beautiful.”

Italian fashion designer Valentino.Andrea Blanch / Getty Images file

Never one for edginess or statement dressing, Valentino made precious few fashion faux-pas throughout his nearly half-century-long career, which stretched from his early days in Rome in the 1960s through to his retirement in 2008.

His fail-safe designs made Valentino the king of the red carpet, the go-to man for A-listers’ awards ceremony needs.

His sumptuous gowns have graced countless Academy Awards, notably in 2001, when Roberts wore a vintage black and white column to accept her best actress statue. Cate Blanchett also wore Valentino — a one-shouldered number in butter-yellow silk — when she won the Oscar for best supporting actress in 2004.

Valentino and a group of models in his designs during a fashion show in Paris in 1993.Gamma-Rapho via Getty Images file

Valentino was also behind the long-sleeved lace dress Jacqueline Kennedy wore for her wedding to Greek shipping magnate Aristotle Onassis in 1968. Kennedy and Valentino were close friends for decades, and for a spell, the one-time U.S. first lady wore almost exclusively Valentino.

He was also close to Diana, Princess of Wales, who often donned his sumptuous gowns.

Beyond his signature orange-tinged shade of red, other Valentino trademarks included bows, ruffles, lace and embroidery; in short, feminine, flirty embellishments that added to the dresses’ beauty and hence to that of the wearers.

Perpetually tanned and always impeccably dressed, Valentino shared the lifestyle of his jet-set patrons. In addition to his 152-foot yacht and an art collection including works by Picasso and Miro, the couturier owned a 17th-century chateau near Paris with a garden said to boast more than a million roses.

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North American Aerospace Defense Command (NORAD) aircraft are headed to Pituffik Space Base, Greenland, for ‘long-planned’ activities, as President Donald Trump continues his controversial push for the U.S. to acquire the island.

The NORAD aircraft at Pituffik Space Base, along with aircraft operating from bases in the U.S. and Canada, will support the planned efforts, ‘building on the enduring defense cooperation between the United States and Canada, as well as the Kingdom of Denmark,’ NORAD said in a statement posted on X.

Multiple governments allegedly approved of the NORAD activities, as the command said in its statement that it coordinated with Denmark and that Greenland was ‘informed’ of its efforts.

‘This activity has been coordinated with the Kingdom of Denmark, and all supporting forces operate with the requisite diplomatic clearances. The Government of Greenland is also informed of planned activities,’ NORAD said.

‘NORAD routinely conducts sustained, dispersed operations in the defense of North America, through one or all three NORAD regions (Alaska, Canada, and the continental U.S.),’ the command added.

Trump has said in recent weeks that the U.S. needs Greenland for national security reasons. The president claims that if the U.S. does not step in, China or Russia could use the Arctic territory to their advantage.

‘NATO has been telling Denmark, for 20 years, that ‘you have to get the Russian threat away from Greenland.’ Unfortunately, Denmark has been unable to do anything about it. Now it is time, and it will be done!!!’ Trump said in a Truth Social post on Monday.

Denmark and other North Atlantic Treaty Organization (NATO) allies have condemned the Trump administration’s rhetoric about Greenland.

In recent days, several European nations have sent small numbers of military personnel to Greenland for exercises as a symbolic show of support for Danish sovereignty over the territory. Some countries have since withdrawn their troops.

On Monday, Denmark ramped up its military presence in Greenland and deployed extra troops to the Arctic territory.

Local Danish broadcaster TV 2 said the Danish Armed Forces confirmed a new contingent of troops, described as ‘a substantial contribution,’ were arriving at Greenland’s main international airport Monday night.

Maj. Gen. Søren Andersen, head of Denmark’s Arctic Command, said about 100 Danish soldiers have already arrived in Nuuk, Greenland’s capital, with others later deployed to Kangerlussuaq in western Greenland.

Despite the objections from allies, Trump administration officials have continued to argue that U.S. control of Greenland is necessary to protect national security interests in the Arctic.

On Saturday, Trump said the U.S. would impose 10% tariffs on multiple European countries unless Denmark agreed to the ‘complete and total purchase of Greenland,’ warning that global security and U.S. national defense were at stake. 

The president said that starting on Feb. 1, Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland would be subjected to a 10% tariff. The tariff would then increase to 25% on June 1 and ‘will be due and payable until such time as a deal is reached for the complete and total purchase of Greenland,’ Trump wrote on Truth Social.

While addressing the World Economic Forum in Davos, Switzerland, European Commission President Ursula von der Leyen called the tariff threat ‘a mistake, especially between long-standing allies,’ according to The Associated Press.

Fox News Digital’s Emma Bussey and The Associated Press contributed to this report.

This post appeared first on FOX NEWS

President Donald Trump is expected to head to Davos, Switzerland, for the World Economic Forum this week — on the heels of threatening tariffs against NATO members as he seeks to acquire Greenland, a Danish territory. 

The Davos World Economic Forum is an annual summit bringing world leaders together to discuss global issues related to politics, business and society. 

Other world leaders who are expected to attend include Ukrainian President Volodymyr Zelenskyy, Federal Chancellor of Germany Friedrich Merz and President of the European Commission Ursula von der Leyen. 

Trump is expected to deliver a special address Wednesday, per the World Economic Forum’s program. But the White House did not immediately respond to a request for comment from Fox News Digital regarding Trump’s schedule in Switzerland. 

 

Trump previously attended the World Economic Forum in Davos, Switzerland, twice during his first term, according to the State Department’s records. 

Trump is poised to enter the forum in the middle of heightened tensions between the U.S. and European allies. After a group of NATO members sent troops to Greenland amid Trump’s latest efforts to acquire the island, Trump announced Saturday that those countries would be subjected to a 10% tariff on all goods starting Feb. 1. 

That number would climb to 25% in June, until a deal is reached for Trump to secure Greenland, according to Trump. 

While the Danish territory claims it is seeking independence from Copenhagen, Denmark, and doesn’t want to join the U.S., Trump has regularly expressed a desire to acquire Greenland for the U.S. as Russian and Chinese presence grows in the Arctic since his first administration.

Trump has revived his rhetoric toward Greenland in recent weeks, claiming that the region is critical for national security purposes, including the creation of a Golden Dome project, a defense shield initiative for the U.S. similar to the one Israel has safeguarding itself.

Likewise, Trump said in text messages to Norway’s Prime Minister Jonas Gahr Støre on Sunday that Norway released Monday that he’s not inclined to only think of peace, after the Norwegian Nobel Committee did not award him with the 2025 Nobel Peace Prize. Instead, the committee awarded the prize to Venezuelan opposition leader, Maria Corina Machado. 

‘Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace, although it will always be predominant, but can now think about what is good and proper for the United States of America,’ Trump said in the text messages.

‘Denmark cannot protect that land from Russia or China, and why do they have a ‘right of ownership’ anyway? There are no written documents, it’s only that a boat landed there hundreds of years ago, but we had boats landing there, also,’ Trump said. 

Meanwhile, Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland said in a joint statement Sunday that the tariff threats ‘undermine transatlantic relations and risk a dangerous downward spiral.’

Likewise, NATO Secretary-General Mark Rutte said Sunday that he and Trump spoke over the weekend, and would see each other in Switzerland.

‘We will continue working on this, and I look forward to seeing him in Davos later this week,’ Rutte said in a post on social media Sunday. 

Meanwhile, Trump has refused to back down from his aspirations to acquire Greenland following his tariff threat, and issued another stern warning to Denmark. 

‘NATO has been telling Denmark, for 20 years, that ‘you have to get the Russian threat away from Greenland.’ Unfortunately, Denmark has been unable to do anything about it. Now it is time, and it will be done!!!’ Trump said in a social media post late Sunday.

Greenland has a trove of natural resources, including oil and natural gas. Meanwhile, both Russia and China have bolstered their presence in the region in recent years.

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

President Donald Trump is garnering praise from a prominent faith leader who says the White House is reinforcing the religious revival growing across America as churches report growing attendance and younger parishioners.

‘There’s causality from the culture into politics and from politics that influences the culture, and I think we’re seeing that duality play out,’ JP De Gance, founder and president of Communio, a non-profit ministry that trains churches on how to evangelize, told Fox News Digital. ‘Religious non-affiliation had been growing for about 40 years, and it’s flatlined over the last four years. That’s a real change in trends.’

De Gance said that Communio had heard anecdotally that churches across the country have seen major increases in new member classes. 

In the case of Texas A&M, De Gance said there were currently 420 students enrolled in the Order of Christian Initiation of Adults (OCIA) class, with approximately 100 or more adult baptisms expected, something he said was ‘really unusual.’ OCIA classes are meant for adults looking to enter the Catholic Church. Regarding Protestant denominations, Communio is seeing an ‘increase in small and intimate church settings,’ De Gance said.

The faith leader said that the White House has not only been reacting to a growing interest in faith, but is also embracing it more publicly than prior administrations. He also stated that he sees a ‘huge difference’ in the Trump administration’s approach to faith versus that of the Biden administration.

‘When you look at the Biden administration, his final Easter celebration had a proclamation of ‘Transgender Day’ instead of an Easter proclamation,’ De Gance noted, referring to former President Joe Biden’s acknowledgment of Transgender Day of Visibility. In 2024, Easter Sunday fell on the same day.

‘I think you had a last administration that was seen by a lot of people of faith as being actively hostile to faith, and now I think a view that there’s an openness and an interest by the current administration to more embrace faith in their work and in their actions,’ De Gance added.

The Trump administration has not been quiet about faith and even created an entity to represent faith-based communities.

In February 2025, Trump signed an executive order establishing the White House Faith Office, which was meant to ’empower faith-based entities, community organizations, and houses of worship to better serve families and communities,’ according to the White House. The office is led by senior advisor Paula White and faith director Jenny Korn.

For Holy Week, Trump issued a proclamation on behalf of himself and first lady Melania Trump that put faith front and center.

‘This Holy Week, Melania and I join in prayer with Christians celebrating the crucifixion and resurrection of our Lord and Savior, Jesus Christ — the living Son of God who conquered death, freed us from sin, and unlocked the gates of Heaven for all of humanity,’ the proclamation read. ‘We pray that America will remain a beacon of faith, hope, and freedom for the entire world, and we pray to achieve a future that reflects the truth, beauty, and goodness of Christ’s eternal kingdom in Heaven.’

Trump also issued a faith-filled message for Christmas, saying that he and the first lady ‘send our warmest wishes to all Americans as we share in the joy of Christmas Day and celebrate the birth of our Lord and Savior, Jesus Christ.’ The president included a brief retelling of the Christmas story and prayers for ‘an outpouring of God’s abiding love, divine mercy, and everlasting peace upon our country and the entire world.’

The Trump administration has also invoked faith in times of tragedy, from the flooding at Camp Mystic in Texas to the shooting at Annunciation Catholic Church in Minnesota and the assassination of Charlie Kirk.

‘These are times where a president can be a comforter in chief, and I think it’s appropriate for the president, members of the administration to not compartmentalize and shelve their faith in these moments,’ De Gance said. ‘I think when there are times of great suffering, I think that it’s an opportunity to also embrace our faith.’

As Trump enters the second year of his second term and America approaches its 250th birthday, De Gance says many are looking to see the administration continue to reaffirm the role that religion plays in American life.

‘I think American Christians would love to see the president, the White House continue, or find ways to embrace the core pillars that made this country so excellent on the world stage,’ De Gance told Fox News Digital. ‘In this 250th anniversary, I think it’s a time where we can reflect and see that the American founding was grounded in sort of core cultural pillars that allowed self-governance to exist.’

De Gance emphasized the importance of strong families and Americans maintaining connections to faith communities, saying Christianity served as a ‘core bedrock’ at the nation’s founding.

Fox News Digital spoke to Communio’s founder before Sunday’s incident at Cities Church in St. Paul, Minn., made headlines over the weekend. Anti-ICE agitators disrupted a worship service, chanting slogans including ‘ICE Out’ and ‘Justice for Renee Good,’ a reference to the woman shot and killed by an ICE agent in Minneapolis earlier this month.

The Trump administration responded swiftly, with the Justice Department launching an investigation into potential violations of federal law. Attorney General Pam Bondi confirmed that she spoke to the pastor of the church and affirmed that ‘attacks against law enforcement and the intimidation of Christians are being met with the full force of federal law.’

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Rep. Yassamin Ansari, D-Ariz., asserted Monday in a post on X that President Donald Trump is ‘mentally ill’ and should be ‘immediately’ removed from office via the 25th Amendment.

‘The president of the United States is extremely mentally ill and it’s putting all of our lives at risk. The 25th Amendment exists for a reason — we need to invoke it immediately,’ she declared in the post.

Fox News Digital reached out to the White House for comment on Tuesday morning.

The congresswoman made the comment in response to a letter from President Donald Trump to Norway’s Prime Minister Jonas Gahr Støre.

‘Dear Jonas: Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace, although it will always be predominant, but can now think about what is good and proper for the United States of America,’ Trump asserted in the message.

‘Denmark cannot protect that land from Russia or China, and why do they have a ‘right of ownership’ anyway?’ he continued, referring to Greenland. ‘There are no written documents, it’s only that a boat landed there hundreds of years ago, but we had boats landing there, also. I have done more for NATO than any other person since its founding, and now, NATO should do something for the United States. The World is not secure unless we have Complete and Total Control of Greenland. Thank you!’ Trump added.

The prime minister pushed back in a statement.

‘Norway’s position on Greenland is clear. Greenland is a part of the Kingdom of Denmark, and Norway fully supports the Kingdom of Denmark on this matter. We also support that NATO in a responsible way is taking steps to strengthen security and stability in the Arctic. As regards the Nobel Peace Prize, I have clearly explained, including to President Trump what is well known, the prize is awarded by an independent Nobel Committee and not the Norwegian Government,’ Støre noted.

Sen. Ed Markey, D-Mass., and Rep. Sydney Kamlager-Dove, D-Calif., have also both called for the invocation of the 25th Amendment against Trump in light of the president’s message.

‘Donald Trump is unfit to lead and clearly out of control. Invoke the 25th Amendment,’ Kamlager-Dove asserted in a post on X. A note on the X account notes that it is ‘maintained by federal staff.’

Fox News’ Madeleine Rivera contributed to this report

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Donald J. Trump was inaugurated for a second term as president exactly one year ago. It is safe to say the country, and the world, will never be the same. 

President Trump has engaged in energetic and bold governing and diplomacy, fulfilling campaign promises like boosting domestic energy production, while also seeking peace in turbulent parts of the world and attempting to follow through on long-term ambitions, like acquiring Greenland.

He has engaged with the press on a near-daily basis, boosted recruitment for our military, dismantled harmful left-wing shibboleths like DEI, convinced our NATO allies to spend more on their own defense, junked burdensome regulations that interfered with our country’s progress, challenged our woke universities, extracted and jailed alleged drug kingpin Nicolás Maduro, defended women’s sports, significantly derailed Iran’s nuclear program, overseen new health initiatives like ridding our food of artificial dyes, shrunk the ever-expanding federal bureaucracy, and pushed through a reconciliation bill that lowered taxes for middle-class Americans. It is an incredible boatload of accomplishments.

But Trump’s first year is most notable for closing the southern border that predecessor Joe Biden opened to millions of unvetted illegal immigrants, and for resetting U.S. trade relations through the introduction of tariffs. As he might boast, few imagined that these efforts would succeed; however, neither has been without controversy.

Today, President Trump is at a crossroads. He begins midterm campaigning with approval ratings that are underwater, according to polling aggregated by RealClearPolitics, even on his signature issues of immigration and the economy. He has, in particular, lost favor with independents and with some of the groups that helped him win in 2024, like young voters and Hispanics. 

Surveys suggest voters think the president is spending too much time on foreign affairs instead of working to reduce the cost of living. While he pursues peace between Ukraine and Russia, Americans want lower cereal prices and cheaper housing. 

President Trump is trying to do too many things at once. On the one hand, we applaud the energy and pace of this president, a welcome change from the inert Joe Biden. On the other hand, Americans want stability, not chaos.

President Trump is aggrieved that the country is not giving him high marks for booming economic growth, a declining fiscal deficit, new investments flowing into the U.S., a declining trade gap, rising middle-class wages, all-time high oil production and record stock prices. And, inflation is substantially lower than the decades-high 9.1% recorded during the Biden presidency.

Public perceptions about the economy will play a decisive role in the midterm elections. Given today’s subdued consumer sentiment, President Trump faces the very real prospect that Republicans will lose their slim control of the House and maybe even their advantage in the Senate. He has warned more than once that should Democrats take over, they will almost certainly move to impeach him; he may well be right. 

Faced with that threat, and seemingly rattled by Democrats’ new ‘affordability’ pitch, Trump has unleashed a barrage of new policies meant to address the cost of living, some of which appear half-baked. He has proposed capping interest rates on credit cards at 10% and has strategized about that controversial notion with progressive Sen. Elizabeth Warren, D-Mass., a development giving most Republicans hives. In addition, he has launched an attack on corporate-owned housing, which he claims has driven up rents. The number of homes bought up by businesses in recent years is small, and not likely to be a major source of rent inflation.

The frustrated president is also lashing out at adversaries, threatening to sue JPMorgan CEO Jamie Dimon for ‘debanking’ him in 2021 and waging war against Federal Reserve Chair Jay Powell, for instance. 

Trump blames the Fed chair for keeping interest rates too high, which in turn drives up the cost of living. The Justice Department’s investigation into whether the Fed Chair lied to Congress about the costly renovation of the Fed’s headquarters was a foolish miscalculation; it has backfired as Powell has dug in and caused the Senate to balk at confirming his successor.

Trump has also recently rolled out ‘The Great Healthcare Plan,’ which would make payments directly to households to cover health expenses rather than send federal subsidies to insurers on consumers’ behalf. This proposal comes as Congress continues to debate extending enhanced premium subsidies on Obamacare; the lapsing of payments augmented during COVID-19 will raise some peoples’ insurance costs significantly. For not being ready with a solution to this dilemma, which was anticipated for more than a year, voters should blame Republicans in Congress, not President Trump. Nonetheless, attempting to reconfigure our dysfunctional healthcare system, nearly one fifth of our economy, should not be done on the fly.

Most recently, Trump has again threatened to slap onerous tariffs on European Union countries unless Denmark agrees to sell Greenland. This is a mistake, as it undermines the president’s constructive use of tariffs, indicates our partners cannot trust hard-fought trade agreements, and again plunges America’s commitment to NATO into uncertainty.

President Trump is trying to do too many things at once. On the one hand, we applaud the energy and pace of this president, a welcome change from the inert Joe Biden. On the other hand, Americans want stability, not chaos.

They especially don’t want chaos on the streets of Minneapolis, with ICE agents under attack. They also don’t want chaos in our dealings with foreign nations. And, they don’t want chaos in our economy, with tariffs being raised and lowered according to the latest push from the Oval Office and with major proposals being spun out almost daily.

The president has accomplished a great deal in his first year in office. He needs to build on the wins, and remind voters why they elected him. That begins with deescalating some of his confrontations and restoring confidence through steady leadership. It continues with hitting the campaign trail, talking to the American people, and bringing them back on board.

President Trump’s agenda is not complete; let us hope he reboots and wins for three more years to continue making America great again.   

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(TheNewswire)

 

January 20th, 2026 TheNewswire – Muskoka – Ontario Steadright Critical Minerals Inc. (CSE: SCM,OTC:SCMNF) (‘Steadright’ or the ‘Company’), a resource exploration company focused on near-term production announces that the former property owner EMTF Sarl had applied for a Mining License and Environmental Permit on the ‘Copper Valley’ HISTORIC COPPER-LEAD-SILVER PROJECT that Steadright has just acquired. The licences applied for are for the exploration permit No. 3843143 that Steadright is putting into NSM Capital Sarl, a Moroccan-based company.

  


Click Image To View Full Size

 

Press released on January 8th, 2026 SCM.

  

Steadright consulted its Moroccan Geological team over the weekend and they are expecting within the next Month to receive the Mining License. NSM Capital Sarl management in Morocco have taken over this process and plan on closing it as soon as possible. Steadright has a 75% interest in the common shares of NSM through a shareholder agreement with Critical Foundation Metals Inc. (CFM), which owns 25%.

  

The Historical Goundafa Polymetallic Copper-Zinc-Lead-Silver-Gold Mine, with a conceptual model of 6.62 million tons with grades of 2.1% Zn, 1.8% Pb and 1.5% – 2.1% Copper and up to 3.5 g/t Gold (October 28th, 2025 press release) is moving forward with its news-released removal of the site’s mineralized stockpiles. Steadright will be starting the removal of the ‘Mineralized Stockpiles‘ at the end of April 2026.

 

The contract was signed with MoResCo Sarl for the purchase of up to 14,400 metric tons of mineralized stockpile. Recent weather at the Mine site has hampered efforts, but now a firm date for its commencement has been set.

 

Steadright CEO, Matt Lewis, states, ‘Steadright is a country play whose ‘North Star’ is the finding strong assets and moving them forward in a smart and rapid manner. We are very happy, both with the Copper Valley mining license application’s progress and the plans to get revenue from the historic Goundafa Mine’s mineralized stockpiles.’

 

ABOUT Steadright Critical Minerals INC.

 

Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focused in 2025 on finding exploration and historical mining projects that can be brought into production within the Moroccan critical mineral space. Steadright currently has exposure through a Moroccan entity known as NSM Capital Sarl, with over 192 sq KMs of mineral exploration claims called the TitanBeach Titanium  Project, and found in the Southern Provinces of Morocco. Steadright has also recently signed an MOU for the historic Goundafa Mine within the Kingdom of Morocco.

ON BEHALF OF THE BOARD OF DIRECTORS

For further information, please contact:

Matt Lewis

CEO & Director

Steadright Critical Minerals Inc.

 

Email: enquires@steadright.ca

Tel: 1-905-410-0587

www.steadright.ca

 

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

 

Forward-looking information is subject to known and unknown risks, ‎uncertainties and other factors which may cause the actual results, level of activity, performance or ‎achievements of Steadright to be materially different from those expressed or implied by such forward-‎looking information. Such risks and other factors may include, but are not limited to: there is no ‎certainty that the ongoing programs will result in significant or successful ‎exploration and ‎development of Steadright’s properties; uncertainty as to ‎the actual results of exploration and ‎development or operational activities; uncertainty as to the availability and terms of ‎future financing on ‎acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; ‎general business, economic, competitive, political and social uncertainties; capital market conditions ‎and market prices for securities, junior market securities and mining exploration company securities; ‎commodity prices; the actual results of current exploration and development or operational activities; ‎competition; changes in project parameters as plans continue to be refined; accidents and other risks ‎inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory ‎approvals; changes in legislation, including environmental legislation or income tax legislation, affecting ‎Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key ‎individuals.

 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the ‎securities in the United States. The securities have not been and will not be registered under the United ‎States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) or any state securities laws and ‎may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons ‎unless registered under the U.S. Securities Act and applicable state securities laws, unless an ‎exemption from such registration is available.‎

 

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Silverco Mining Ltd. (TSXV: SICO) (‘Silverco‘ or the ‘Company‘) announces that it has entered into a binding letter (the ‘Binding Letter‘) dated January 19, 2026, providing for the acquisition by the Company of an arm’s length party, Nuevo Silver Inc. (‘Nuevo Silver‘).

The Binding Letter contemplates that the acquisition will be affected by way of a three-cornered amalgamation, pursuant to which Nuevo Silver will amalgamate with a wholly-owned subsidiary of Silverco, and the existing shareholders of Nuevo Silver will be issued common shares of Silverco (each, a ‘Silverco Share‘) in consideration for common shares of Nuevo Silver (each, a ‘Nuevo Silver Share‘) presently held (the ‘Acquisition‘).

Transformational Transaction for Silverco

Silverco is acquiring Nuevo Silver, which recently entered into a Share Purchase Agreement with a party arm’s length to Silverco and Nuevo Silver, to acquire 100% of the producing La Negra Silver Mine in Querétaro Mexico (the ‘La Negra Mine‘).

The Acquisition provides several benefits to Silverco, including:

  • Immediate production and cash flow
  • ~US$8M in cash
  • Diversifying Silverco’s asset base
  • Adding an established operating team in Mexico

Mark Ayranto, CEO of Silverco, commented: ‘The acquisition of Nuevo Silver and the La Negra Mine is a transformative milestone that immediately shifts Silverco from a developer into a cash-flowing producer. La Negra is currently operating at approximately 55% capacity, providing a robust foundation of existing cash flow that we see a clear pathway to build upon by significantly increasing throughput during the remainder of 2026. This accretive acquisition delivers immediate shareholder value and, when combined with our wholly-owned Cusi Property, which we expect to return to operation in the second half of 2026, accelerates our vision to become a 10M oz AgEq producer within 3 years.’

Acquisition Deal Terms

Holders of Nuevo Silver Shares will be issued an aggregate of 16,802,316 Silverco Shares pursuant to the Acquisition. Upon completion of the Acquisition, based on the total number of currently issued and outstanding Silverco Shares, former holders of Nuevo Silver Shares will hold approximately 34% of the outstanding Silverco Shares, and the existing holders of Silverco Shares will hold approximately 66% of the outstanding Silverco Shares. Silverco will also assume approximately US$11M in debt associated with the La Negra Mine, US$12.5M in milestone payments due in Q1 2027 and US$5M in contingent payments potentially due between Q1 2027 and Q1 2028.

Silverco and Nuevo Silver have agreed to diligently and in good faith negotiate a definitive agreement (the ‘Definitive Agreement‘) regarding the Acquisition; however, the terms of the Binding Letter will govern the transaction in the event that a Definitive Agreement is not executed.

Closing of the Acquisition is subject to a number of customary conditions, including all necessary consents, approvals, and other authorizations of any regulatory authorities or third parties being obtained, including, without limitation the conditional approval of the TSX Venture Exchange (the ‘Exchange‘); completion by Nuevo Silver of the acquisition of the La Negra Mine; receipt by Silverco of a technical report, if required, in respect of the La Negra Mine; receipt by the Silverco board of a favourable fairness opinion; and Silverco board approval.

The closing of the Acquisition will occur as soon as reasonably possible after the satisfaction or waiver of all conditions precedent.

As insiders of the Company will acquire Nuevo Silver Shares as a result of the acquisition by Nuevo Silver of the La Negra Mine, the Acquisition is considered a ‘related party transaction’ pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company is exempt from the requirements to obtain a formal valuation or minority shareholder approval in connection with such insiders’ participation in the Acquisition in reliance on Sections 5.5(b) and 5.7(1)(a) of MI 61-101.

Advisors and Counsel

Canaccord Genuity Corp. is acting as financial advisors to Silverco. DLA Piper is acting as legal counsel to Silverco. Cassels Brock & Blackwell LLP is acting as legal counsel to Nuevo Silver.

Qualified Person

All scientific and technical information in this news release has been reviewed and approved by Nico Harvey. Mr. Harvey is VP Project Development of the Company and is a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Silverco Mining Ltd.

The Company owns a 100% interest in the 11,665-hectare Cusi Project located in Chihuahua State, Mexico (the ‘Cusi Property‘). It lies within the prolific Sierra Madre Occidental gold-silver belt. There is an existing 1,200 ton per day mill with tailings capacity at the Cusi Property.

The Cusi Property is a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City. The Cusi Property boasts excellent infrastructure, including paved highway access and connection to the national power grid.

The Cusi Property hosts multiple historical Ag-Au-Pb-Zn producing mines each developed along multiple vein structures. The Cusi Property hosts several significant exploration targets, including the extension of a newly identified downthrown mineralized geological block and additional potential through claim consolidation.

On Behalf of the Board of Directors

‘Mark Ayranto’

Mark Ayranto, President & CEO
Email: mayranto@silvercomining.com

For further information, please contact:

Investor Relations & Communications
Email: info@silvercomining.com
www.silvercomining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement and Forward-Looking Information

This news release contains ‘forward-looking statements’ and ‘forward-looking information’ (together, ‘forward-looking statements’) within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or the Company’s future performance and are generally identified by words such as ‘anticipate’, ‘believe’, ‘continue’, ‘could’, ‘estimate’, ‘expect’, ‘forecast’, ‘goal’, ‘intend’, ‘may’, ‘objective’, ‘outlook’, ‘plan’, ‘potential’, ‘priority’, ‘schedule’, ‘seek’, ‘should’, ‘target’, ‘will’, and similar expressions (including negative and grammatical variations).

These forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date of this release, are inherently subject to significant business, technical, economic and competitive uncertainties and contingencies. Key assumptions include but are not limited to: the ability of the parties to complete the acquisition of the La Negra Mine and the Acquisition; the receipt of all required approvals including, but not limited to, board, shareholder and Exchange approval in a timely manner; the potential of the La Negra Mine; future production; achieving the Company’s goals; the potential benefits of the Acquisition; no material adverse changes to general business, economic, market and political conditions; commodity price and foreign exchange assumptions; inflation and input costs remaining within expectations; and the Company’s ability to secure additional financing on acceptable terms when required.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such risks are set out in the Company’s public disclosure filings available on SEDAR+ at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. The purpose of forward-looking statements is to provide readers with information about management’s current expectations and plans and may not be appropriate for other purposes. No assurance can be given that such statements will prove to be accurate; actual results and future events could differ materially. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable securities laws.

Source

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Rio Silver Inc. (‘Rio Silver’ or the ‘Company’) (TSX-V: RYO | OTC: RYOOF) is commencing the regulatory process required to enable physical access at its Maria Norte Project, formally engaging Peru’s Ministry of Energy and Mines (Ministerio de Energía y Minas, MEM) through its General Directorate of Mining (DGM), alongside the National Superintendency for the Control of Weapons and Explosives for Civilian Use (SUCAMEC).

Together, the Company’s established exploration and exploitation access agreements , combined with the advancement of required permits and ongoing coordination with the president of the local community, constitute the regulatory and social steps required to access exposed surface mineralization, prepare portal access, and support a staged transition underground along the mineralized structures.

From Visually Exposed Surface Veins to Planned Underground Access

At Maria Norte, high-grade silver mineralization has been visually confirmed at surface, providing clear and direct targets for planned initial access. Blasting and explosive permits are required to safely break rock, access these exposed veins, and prepare portal entry ahead of any underground advancement.

The permitting process in Peru involves sequential approvals, including:

  • Mining activity authorization with the Ministry of Energy and Mines (MEM)
  • Explosives use permit issued by SUCAMEC
  • Explosives purchase authorization issued by SUCAMEC

Under standard regulatory timelines, this permitting process typically requires several months to complete. Based on current engagement and procedural progress, the Company expects to receive the required permits during Q2, subject to regulatory review.

Once permits are received and initial access is established, future exploration planning is expected to focus on evaluating strike continuity and depth potential for long term exploitation.

Management Commentary

‘Maria Norte is a rare development opportunity where high-grade silver veins are already exposed at surface, allowing us to move directly into execution once access is authorized,’ said Chris Verrico, President and Chief Executive Officer of Rio Silver. ‘In today’s silver market, that is increasingly uncommon. Most new silver supply globally comes as a by-product of base-metal mining, whereas Maria Norte is a silver-dominant system — something of a unicorn in the current development landscape. We are pursuing the permits that are the regulatory gateway that allows us to safely access visible mineralization, prepare underground entry, and begin converting high-grade silver into mineable tonnes through a disciplined, capital-efficient approach.’

High-Grade Silver Confirmed by Verification Sampling

As part of the independent National Instrument 43-101 review, verification sampling was conducted by James A. McCrea, P.Geo., the independent author of the NI 43-101 Technical Report, during a site visit to the Maria Norte Project in June 2025. Sampling targeted surface vein exposures and historic waste material and returned high-grade silver values, including:

  • 869 g/t silver, with associated lead and zinc, from a 0.5-metre surface vein channel sample
  • 991 g/t silver from a 0.7-metre surface vein channel sample
  • 396 g/t silver from a historic waste dump grab sample
Maria Norte Samples 2025
  Sample Width Au Ag Cu Pb Zn  
Sample Type (m) (g/t) (g/t) (%) (%) (%) Location
9623 Grab 2.194 396 0.276 1.43 0.565 Waste
dump
9624 Chip 0.5 1.679 869 0.31 17.31 10.17 Outcrop
9625 Chip 0.4 0.868 68.8 0.3 0.563 0.819 Outcrop
9626 Chip 0.7 6.263 991 0.612 2.35 0.357 Outcrop
                 

Table 1: Maria Norte Verification Sampling Results (NI 43-101)*

*Verification sampling returned silver values ranging from 396 g/t Ag to 991 g/t Ag, with associated lead, zinc, and localized gold values. These results confirm the presence of high-grade silver mineralization at surface, consistent with historical sampling by previous operators and characteristic of low-sulphidation epithermal vein systems common to the Huachocolpa District.

A total of four (4) verification samples were collected, consisting of three (3) chip samples from surface vein outcrops and one (1) grab sample from a historic waste dump, with chip sample widths ranging from approximately 0.4 metres to 0.7 metres. All samples were bagged, labelled, and sealed in the field using single-use security ties, transported by the author to Lima, Peru, and analyzed by Certimin S.A., an ISO 9001–certified laboratory located in the Santiago de Surco municipality of Lima.

No additional quality control samples (blanks, standards, or duplicates) were inserted due to the limited number of samples collected, which the author considered appropriate for the exploration stage of the project. James A. McCrea, P.Geo. concluded that the sampling methods, sample handling, preparation, and analytical procedures are adequate for data verification purposes, and that the results are representative of the surface mineralization observed at Maria Norte.

What’s Next

  • Continued coordination with MEM and SUCAMEC to secure the necessary permit approvals
  • Preparation for controlled access to surface-exposed mineralization upon permit receipt
  • Portal access preparation to support staged underground entry
  • Ongoing metallurgical validation to support toll milling and capital-efficient processing

Why This Matters to Investors

For investors, securing necessary permits represents a critical step. This marks the transition from confirmed surface mineralization to physical rock movement and site access. At Maria Norte, where high-grade silver is already visible at surface, receipt of approvals materially reduces execution risk. Combined with a capital-light, toll-milling strategy and a silver-dominant system in a market where most silver is produced as a by-product, Maria Norte is positioned to advance efficiently toward near-term value creation. In a strong silver price environment, projects capable of moving decisively from exposure to execution are increasingly scarce and command outsized market attention.

Qualified Person

Jeffrey Reeder, P.Geo., is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release. Mr. Reeder is a consultant to the Company and is not independent within the meaning of NI 43-101.

About Rio Silver Inc.

Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) is a Canadian resource company advancing high-grade, silver-dominant assets in Peru, the world’s second-largest silver producer. The Company is focused on near-term development opportunities within proven mineral belts and is supported by a seasoned technical and operational team with extensive experience in Peruvian geology, resource development, and district-scale exploration. With a clear development strategy and a growing portfolio of highly prospective silver assets, Rio Silver is establishing the foundation to become one of Peru’s next emerging silver producers.

Learn more at www.riosilverinc.com

Chris Verrico
Director, President and Chief Executive Officer

To learn more or engage directly with the Company, please contact:
Christopher Verrico, President and CEO
Tel: (604) 762-4448
Email: chris.verrico@riosilverinc.com 
Website: www.riosilverinc.com

Cautionary Note Regarding Forward-Looking Information

This news release contains ‘forward-looking statements’ within the meaning of applicable Canadian securities laws. Forward-looking statements include, but are not limited to, statements regarding anticipated development activities, underground access timing, permitting progress, community engagement, processing strategies, and the Company’s ability to advance toward potential production and cash flow. Forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements. Rio Silver undertakes no obligation to update such statements except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

News Provided by GlobeNewswire via QuoteMedia

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