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Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) (‘Freegold’ or the ‘Company ‘) is pleased to announce that all matters set out in the Management Information Circular dated May 26 2025 for the 2025 Annual General and Special Meeting of Shareholders held on June 27, 2025 (the ‘Meeting’) were approved by the shareholders holding 98,154,137 shares were voted representing approximately ~ 18.56% of the outstanding shares of the Company.

The following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election of directors are set out below:

MOTIONS

NUMBER OF SHARES

PERCENTAGE OF VOTES CAST

FOR

AGAINST

WITHHELD/
ABSTAIN

FOR

AGAINST

WITHHELD/
ABSTAIN

To elect as Director :Kristina Walcott

96,353,303

1,800,834

98.165 %

1.835 %

To Elect as Director: Alvin Jackson

97,016,593

1,137,544

98.841 %

1.159 %

To Elect as Director: David Knight

85,790,018

12,364,119

87.403 %

12.597 %

To Elect as Director: Garnet Dawson

97,308,977

845,160

99.139 %

0.861 %

To Elect as Director: Ron Ewing

96,839,477

1,314,660

98.661 %

1.339 %

To Elect as Director: Glen Dickson

85,396,927

12,757,210

87.003 %

12.997 %

To Elect as Director: Reagan Glazier

79,513,338

18,640,799

81.009 %

18.991 %

To Elect as Director: Maurice Tagami

97,900,807

253,330

99.742 %

0.258 %

To Elect as Director: Vivienne Artz

93,614,569

4,539,568

95.375 %

4.625 %

The Company’s shareholders approved the appointment of Davidson & Company LLP, Chartered Professional Accountants, as the Company’s auditors, as set forth in the management information circular.

The Company’s shareholders approved the Company’s new omnibus equity incentive plan.

Each of the matters voted upon at the Meeting is discussed in detail in the Company’s Information Circular dated May 26 th, 2025, which is filed under the Company’s profile at www.sedarplus.com.

Golden Summit Project Update:

Drilling at Golden Summit is progressing well. Drilling is focused on resource definition, which includes both expansion and infill drilling, as well as geotechnical and metallurgical holes. Like the 2024 drill program, the current efforts aim to upgrade inferred resources to indicated status in preparation for the upcoming pre-feasibility study, which is expected to commence later this year. An updated mineral resource estimate is expected to be finalised soon, and the initial assay results from the 2025 drill program are also anticipated shortly.

The Qualified Person for this release is Alvin Jackson , P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited  
Freegold is a TSX-listed company focused on exploration in Alaska . It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold’s Annual Information Form for the year ended December 31st, 2024 , filed under Freegold’s profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold’s operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect   on Freegold’s business, results of operations, and financial condition.

SOURCE Freegold Ventures Limited

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/27/c9322.html

News Provided by Canada Newswire via QuoteMedia

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Statistics Canada released April’s gross domestic product (GDP) numbers on Friday (June 27). The data showed a slowing in the Canadian economy with a 0.1 percent monthly decline after it increased 0.2 percent in March as businesses attempted to get ahead of US tariff deadlines.

In April, the shift in US trade policy led to significant declines in the manufacturing sector, which saw its largest drop in four years at 1.9 percent. Durable goods manufacturing declined for the first time in four months, dropping 2.2 percent d. The most heavily impacted sub-sectors were transportation equipment and the auto sector, which fell 21.6 percent and 5.2 percent, respectively.

On the positive side, finance and insurance experienced growth of 0.7 percent, with investment services and funds contributing 3.5 percent growth to the sector. StatsCan indicated that the US tariff announcement on April 2 led to increased selling activity in Canadian equity markets.

The Canadian resource sector was flat overall during the month. The oil and gas extraction, excluding oil sands, fell 1.1 percent in April, while oil sands extraction remained unchanged. The agency said that higher bitumen extraction was offset by lower synthetic crude production. Additionally, a temporary shutdown in the Keystone pipeline due to a rupture contributed to a decline in activity.

However, losses were offset by a 4.8 percent gain in support activities for the mining and oil and gas extraction subsectors, with an increase in rigging and drilling activities.

While some of the month-over-month decline was due to the increase in output in March, StatsCan suggests that further slowing is on the way. The agency reported that advanced figures for May show a further 0.1 decline, noting a decrease in the mining, quarrying, and oil and gas extraction category.

South of the border, the US Bureau of Economic Activity released May’s personal consumption expenditures price index (PCE) data on Friday. The index is a key inflation indicator and is the preferred measure used by the Federal Reserve when making its rate decision. The central bank has held its current rate at the 4.25 to 4.5 percent range since it last lowered it in November 2024.

The report shows inflation ticked up 2.3 percent on an annualized basis, higher than the 2.2 percent recorded in April. The increase came after two consecutive months of slowing from 2.7 percent in February and 2.3 percent in March.

Less the more volatile food and energy categories, PCE gained 2.7 percent during the period. While costs for goods increased, current-dollar personal income was down 0.4 percent and disposable income fell 0.6 percent.

US President Donald Trump again signaled his displeasure with the slow pace of rate cuts earlier in the week, and with the Wall Street Journal reporting on Wednesday (June 25) that he may announce a replacement for Chairman Jerome Powell as early as this summer.

While it’s unclear if he will try to remove Powell from the post, the president may try to create a “shadow Fed” that could work to influence markets and undermine decisions made by the current chairman. Powell’s term as chairman is set to expire in May 2026, while his time as board governor won’t end until 2028. His removal would require an act of Congress.

Markets and commodities react

In Canada, major indexes ended the week up. The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 0.77 percent during the week to close at 26,687.14 on Friday. The S&P/TSX Venture Composite Index (INDEXTSI:JX) fared better, gaining 1.47 percent to 724.26, while the CSE Composite Index (CSE:CSECOMP) climbed 0.74 percent to 117.39.

US equities were also in positive territory this week, with the S&P 500 (INDEXSP:INX) gaining 3.41 percent to close at a record high of 6,173.08, the Nasdaq-100 (INDEXNASDAQ:NDX) surging 4.17 percent to its own all-time high of 22,534.20. While it didn’t break its previous high, the Dow Jones Industrial Average (INDEXDJX:.DJI) also climbed significantly, up 3.89 percent to 43,819.26.

On the other hand, the gold price declined this week, falling 2.8 percent to US$3,274.15 by Friday at 4 p.m. EDT. The silver price ended the week down just 0.05 percent at US$35.99.

In base metals, the COMEX copper price surged 5.59 percent over the week to US$5.12 per pound. Prices have been rising due to increased purchases ahead of US tariffs and significant drawdowns of inventories in London Metals Exchange warehouses.

Meanwhile, the S&P GSCI (INDEXSP:SPGSCI) lost 6.07 percent to close at 545.71.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stock data for this article was retrieved at 4 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Onyx Gold (TSXV:ONYX)

Weekly gain: 121.28 percent
Market cap: C$106.84 million
Share price: C$2.08

Onyx Gold is an exploration company advancing its Munro-Croesus project, located near Timmins in Ontario, Canada. The company has increased the size of the land package by 200 percent between 2020 and 2025, and the project now covers an area of 109 square kilometers.

Munro-Croesus hosts the historic Croesus mine, which produced 14,859 ounces of gold between 1915 and 1936 with an average grade of 95.3 grams per metric ton (g/t). Onyx is the first company to explore the property since the mine closed.

Shares in Onyx have seen gains in recent weeks as it made several investment and project announcements.

The first came on June 12, when the company announced that it had completed a private placement with Windfall Mining, a subsidiary of Gold Fields (NYSE:GFI), which purchased 9.4 percent of Onyx’s issued and outstanding shares. Onyx said the investment is an endorsement of its long-term vision.

As for this week, on Tuesday (June 24), Onyx announced that it signed a mineral property purchase and sale agreement to acquire a 100 percent interest in the Munro and Hewitt properties, both located near the existing Munro-Croesus project. The acquisition will expand the company’s land package to 109 square kilometers from the previous 95 square kilometers.

In its most recent update on Thursday (June 26), the company reported the first drill results from its 10,000 meter spring drill program at the Argus North zone at Munro-Croesus. One highlighted assay contained 1.8 grams per metric ton (g/t) gold over 91 meters, including 4 g/t over 32 meters and 5.3 g/t over 17 meters.

The company said the results demonstrate the continuity of broad zones of high-grade gold mineralization. It added that mineralization was confirmed along strike and that the zone is still open in all directions.

2. US Copper (TSXV:USCU)

Weekly gain: 83.33 percent
Market cap: C$14.5 million
Share price: C$0.11

US Copper is an exploration company working to advance its Moonlight-Superior project in Northeast California, United States.

The project covers approximately 13 square miles of patented and unpatented federal mining claims in the Lights Creek Copper District, near the Nevada border.

A preliminary economic assessment released on January 6 demonstrated a post-tax net present value of US$1.08 billion with an internal rate of return of 23 percent and a payback period of 5.3 years, assuming a copper price of US$4.15 per pound.

The included mineral resource estimate shows a total indicated resource of 2.5 billion pounds of copper, 21.7 million ounces of silver and 140,042 ounces of gold from 402.83 million metric tons of ore with a grade of 0.31 percent copper, 1.85 parts per million (ppm) silver and 0.012 ppm gold. The majority is hosted at its Moonlight and Superior deposits.

Although the company did not release news this week, its shares have seen significant gains alongside a rising price of copper.

3. ArcWest Exploration (TSXV:AWX)

Weekly gain: 68.42 percent
Market cap: C$11.21 million
Share price: C$0.16

ArcWest Exploration is an exploration company that has most recently been working to advance its Todd Creek and Oweegee Dome properties within the Golden Triangle in British Columbia, Canada.

The Todd Creek property is a 21,343 hectare site that adjoins Newmont’s (TSX:NGT,NYSE:NEM) Brucejack property and hosts widespread copper and gold mineralization. Historical exploration of the site yielded grab samples with up to 37.7 g/t gold and 5.3 percent copper. The project is covered by a March 2023 earn-in agreement with Freeport-McMoRan (NYSE:FCX) that could see Freeport earn a 51 percent stake, with C$20 million in investments over a five year period.

The 31,077 hectare Oweegee Dome property is located 34 kilometers northeast of the Brucejack mine and hosts underexplored copper and gold systems, including Delta and Skowill East. Oweegee Dome is covered by a July 2021 option agreement with Sanatana Resources (TSXV:STA). Under the terms of the agreement, Sanatana can earn an initial 60 percent interest in the property through cumulative exploration investments of C$6.6 million over four years.

Shares in ArcWest gained this week after a pair of announcements.

The first came on Wednesday, when the company reported results from a 2024 drill program, funded and operated by Sanatana, that extended the mineralized zone at Oweegee Dome. Sanatana President Buddy Doyle said, “We now think the alteration and mineralization we see at surface at Delta is only the southeast corner of a larger system.”

The other news was released on Thursday, when it announced it had mobilized for a drill program at Todd Creek. The program will receive a minimum of C$4 million in funding from Freeport-McMoRan.

4. Belo Sun (TSXV:BSX)

Weekly gain: 62.79 percent
Market cap: C$163.35 million
Share price: C$0.35

Belo Sun Mining is an exploration and development company focused on advancing its Volta Grande gold project in Brazil.

The property covers approximately 2,400 hectares within the Tres Palmeiras greenstone belt in Para State, Brazil. The company has been working on the project since 2003, and acquired necessary development permits in 2014 and 2017.

A 2015 mineral reserve estimate demonstrated a proven and probable reserve of 3.79 million ounces of gold from 116 million metric tons of ore with an average grade of 1.02 g/t.

Development at the site stalled in 2018 after a federal judge ruled that the Federal Brazilian Institute of the Environment (IBMA) would be the competent authority for issuing environmental permits. The decision was overturned in 2019 with the Secretariat of Environment and Sustainability of the State of Para (SEMAS) reassuming its permitting authority. The decision was once again reversed in September 2023, returning authority to IBMA.

On January 23, Belo Sun announced that the Federal Court of Appeals had reassigned SEMAS as the permitting authority for the Volta Grande project. The company said it was pleased with the decision, as the agency is familiar with the project and enjoys a constructive and transparent relationship with it.

On Monday (June 23), the company announced shareholders approved a renewal of the company’s governance structure and elected four new directors to the board. Four of the board’s six members are now either Brazilian or have spent significant parts of their careers working in Brazil.

5. Reyna Silver (TSXV:RSLV)

Weekly gain: 52.94 percent
Market cap: C$33.05 million
Share price: C$0.13

Reyna Silver is a silver exploration company with a portfolio of assets in Chihuahua, Mexico, and Nevada, US.

One of its two Mexican assets is Guigui, a 4,750 hectare property covering a significant portion of the Santa Eulalia Mining District. The area has a history of mining dating back to the 1700s with production of almost 450 million ounces of silver between then and 2001.

Its other one is Batopilas, a 1,183 hectare site that covers 94 percent of the Batopilas Mining District, which has significant deposits of pure, native silver. Historic mining at the site produced an estimated 200 million to 300 million ounces of silver dating back to the mid-1600s.

Its primary American asset is the Gryphon Summit project located along the Carlin-trend. The project covers an area of 10,300 hectares and is prospective for gold, silver and critical minerals.

It also owns the Medicine Springs project, which spans 4,831 hectares south of Elko City. Previous exploration at the site identified lead, zinc and silver mineralization.

Shares in Reyna gained this week after it entered into a definitive agreement to be acquired by Torex Gold (TSX:TXG).

The deal, valued at US$26 million, will see Torex acquire all issued and outstanding common shares in Reyna, thereby gaining access to its wholly owned Mexican portfolio. Additionally, Torex will have the option to acquire a 70 percent stake in the Gryphon Summit project and a 100 percent interest in Medicine Springs.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of February 2025, there were 1,572 companies listed on the TSXV, 905 of which were mining companies. Comparatively, the TSX was home to 1,859 companies, with 181 of those being mining companies.

Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

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Former President Joe Biden’s disastrous presidential debate with now-President Donald Trump one year ago Friday changed the course of the 2024 election.

The octogenarian Delawarean appeared on-stage tired and with a raspy voice, while some of his responses were at times unintelligible, leading to Trump landing several wisecracks in response.

While giving a response about wealthy Americans paying sufficient taxes, Biden said there are at least 1,000 billionaires – first muttering ‘1,000 trillionaires’ – in the U.S. and that they purportedly pay only 8.2% in taxes.

‘If they just paid 24%; 25%, either one of those numbers, they’d raise $500 million – billion I should say in a 10-year period. We’d be able to wipe out the debt,’ and ‘all those things we need to do [with] child care, elder care.’

His response went on for several more seconds, transitioning into a sidewinder about making every person eligible for ‘what I’ve been able to do with COVID,’ before mumbling for several seconds and declaring, ‘We finally beat Medicare.’

When moderator Jake Tapper turned to Trump for a response, he said:

‘Well, he’s right, he did beat Medicare, he beat it to death.’

Biden also claimed to have reduced illegal immigration at the southern border by 40% over the course of his term.

‘It’s better than when [Trump] left office. And I’m going to continue to move until we get the total ban on the total initiative relative to what we can do with more Border Patrol and more asylum officers,’ Biden said.

‘I really don’t know what he said at the end of that sentence. I don’t think he knows what he said either,’ Trump replied.

Trump also sharply criticized Biden for ‘destroy[ing] our country,’ and that he came out with a ‘nothing’ border plan to score a few political points.

The current president also labeled Biden ‘a Palestinian’ – a title he also bestowed on Sen. Chuck Schumer, D-N.Y., who is Jewish – in relation to how they have responded to the Israel-Gaza conflict, after Biden accused him of disrespecting the military.

Biden said his late son, former Delaware Attorney General Joseph Beau Biden III, contracted glioblastoma from being stationed near burn pits in Iraq. He went on to accuse Trump of the widely-debunked ‘suckers and losers’ line about World War I casualties buried in a French cemetery.

‘My son was not a loser, he was not a sucker – you’re the sucker, you’re the loser,’ Biden fumed, speaking sternly through gritted teeth.

‘First of all, that was a made-up quote – suckers and losers – they made it up; it was in a third-rate magazine,’ Trump replied. 

The Atlantic editor Jeffrey Goldberg cited multiple anonymous sources in publishing the bombshell allegations in September 2020.

Fox News Digital’s Kiera McDonald, Emma Woodhead and Paul Steinhauser contributed to this report.

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President Trump exerted ‘maximum pressure’ on Israel and Iran in an effort to ‘deliver peace’ after his historic and decisive strikes decimated the Islamic Republic’s nuclear facilities.

The president vowed throughout his 2024 campaign to reach ‘peace through strength,’ and he has taken steps in recent days to do just that, with an added pressure campaign on both Israel and Iran.

‘President Trump directing the perfect execution of the most secretive and successful military strikes in history – and then negotiating a ceasefire to the war within 48 hours – is the epitome of peace through strength,’ White House press secretary Karoline Leavitt told Fox News Digital. ‘Nobody knows how to exert maximum pressure to deliver peace better than Donald Trump.’

Trump, this week, participated in the NATO Summit in the Netherlands, where he was praised by allies for his decision to strike Iran’s nuclear facilities.

NATO Secretary-General Mark Rutte praised Trump as a ‘man of strength’ and a ‘man of peace.’

‘I just want to recognize your decisive action on Iran,’ Rutte said at the start of his joint remarks with the president. ‘You are a man of strength, but you are also a man of peace. And the fact that you are now also successful in getting this ceasefire done between Israel and Iran – I really want to commend you for that. I think this is important for the whole world.’

Rutte, on his social media, also congratulated the president for his ‘extraordinary’ action in Iran, saying it was ‘something no one else dared to do.’

‘It makes us all safer,’ Rutte said.

The president also brokered a ceasefire between Israel and Iran, announcing Monday that the ’12-Day War’ was coming to an end – just over a week after Israel launched a preemptive strike, citing fears that Tehran was dangerously close to obtaining a nuclear weapon.

The two countries subsequently traded rocket fire over the following days, and over the weekend, the U.S. launched its own airstrikes on three of Iran’s key nuclear facilities.

Iran responded by shooting rockets at a U.S. air base in Qatar on Monday, but not without giving advance notice to U.S. and Qatari officials. No injuries were reported in that attack.

The ceasefire had gotten off to an uncertain start, with the president unleashing frustration with both countries.

‘I’m not happy with Israel. You know, when I say, OK, now you have 12 hours, you don’t go out in the first hour and just drop everything you have on them. So I’m not happy with them. I’m not happy with Iran either, but I’m really unhappy if Israel is going out this morning,’ Trump said on Tuesday.

He continued, ‘We basically have two countries that have been fighting for so long and so hard that they don’t know what the f— they’re doing.’ 

‘I’m gonna see if I can stop it,’ he added.

‘ISRAEL. DO NOT DROP THOSE BOMBS. IF YOU DO IT IS A MAJOR VIOLATION. BRING YOUR PILOTS HOME, NOW!’ Trump wrote on Truth Social shortly after boarding Marine One.

Minutes later, he announced that Israel was canceling its plans for an attack on Tuesday morning.

‘ISRAEL is not going to attack Iran. All planes will turn around and head home, while doing a friendly ‘Plane Wave’ to Iran. Nobody will be hurt, the Ceasefire is in effect! Thank you for your attention to this matter!’ he wrote.

Israel did not attack.

From the NATO summit, the president warned that the U.S. will strike Iran again if it attempts to rebuild its nuclear program.

And Trump’s historic strikes in Iran have the Islamic Republic admitting that their nuclear facilities were decimated.

Assessments from the U.S., Israel and Iran agree the strikes were successful.

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Iranian Foreign Minister Abbas Araghchi admitted in an interview on state TV that the U.S.’s strikes caused serious damage to Tehran’s nuclear facilities, despite Ayatollah Ali Khamenei’s insistence that there was minimal impact.

Araghchi said in the interview that ‘the level of damage is high, and it’s serious damage,’ according to the Associated Press.

Post-strike assessments have shown that Iran’s nuclear sites suffered damage in both U.S. and Israeli attacks. All three countries — Iran, Israel and the U.S. — have reached similar conclusions about the extent of the damage, despite what a leaked intel report indicated.

The only leader who seemingly does not agree with the assessments is Ayatollah Ali Khamenei, who said that ‘the Americans failed to achieve anything significant in their attack on nuclear facilities,’ according to reports. 

Khamenei appears to be more focused on projecting strength than reflecting reality. He described Iran’s attack on Al-Udeid, the American airbase in Qatar, as a ‘heavy slap to the U.S.’s face.’ While President Donald Trump dismissed it as a ‘very weak response’ and thanked Iran for giving the U.S. ‘early notice.’

International Atomic Energy Agency (IAEA) Director General Rafael Grossi said in a statement on Tuesday that the agency had ‘seen extensive damage at several nuclear sites in Iran, including its uranium conversion and enrichment facilities.’

In addition to discussing the damage done to Iran’s nuclear sites, Araghchi also addressed the possibility of resuming talks with the U.S. He said that the American strikes ‘made it more complicated and more difficult’ for Iran to come to the table, but did not rule out the possibility that negotiations could resume.

Nuclear talks with the U.S. might not be entirely off the table for Iran after last week’s strikes—even if Tehran is not interested in reentering negotiations right away.

The possibility of negotiations was already in question prior to Operation Midnight Hammer, as Tehran viewed the U.S. as being ‘complicit’ in Israel’s Operation Rising Lion, according to Reuters, citing Iranian U.N. Ambassador Ali Bahreini.

Trump on Wednesday expressed optimism in the U.S.’s ability to resume nuclear talks with Iran.

‘We’re going to talk to them next week, with Iran. We may sign an agreement, I don’t know. To me, I don’t think it’s that necessary. I mean, they had a war. They fought. Now they’re going back to their world. I don’t care if I have an agreement or not. The only thing we would be asking for is what we’re asking for before about, we want no nuclear [program]. But we destroyed the nuclear,’ Trump said. 

Despite Trump’s statement, there is still no clear indication that the countries have plans to meet in the near future.

The Associated Press contributed to this report.

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President Donald Trump celebrated after the Supreme Court moved to block lower courts from issuing universal injunctions, something that had impacted his executive orders.

The president held a news conference just over an hour after the ruling was issued and said the Supreme Court had stopped a ‘colossal abuse of power.’ 

‘I was elected on a historic mandate, but in recent months, we’ve seen a handful of radical left judges effectively try to overrule the rightful powers of the president to stop the American people from getting the policies that they voted for in record numbers,’ Trump said on Friday.

Trump also accused lower court judges of trying to ‘dictate the law for the entire nation’ rather than ruling on the cases before them.

On Friday, Supreme Court Justices ruled 6-3 to allow the lower courts to issue injunctions only in limited instances, though the ruling leaves open the question of how the ruling will apply to the birthright citizenship order at the heart of the case.

The Supreme Court agreed this year to take up a trio of consolidated cases involving so-called universal injunctions handed down by federal district judges in Maryland, Massachusetts and Washington state. Judges in those districts had blocked Trump’s ban on birthright citizenship from taking force nationwide – which the Trump administration argued in their appeal to the Supreme Court was overly broad.

The Supreme Court’s arguments in May focused little on the merits of those universal injunctions – and on Friday, the court made clear that it is not ruling on whether the birthright citizenship orders are constitutional.

‘The applications do not raise – and thus we do not address – the question whether the Executive Order violates the Citizenship Clause or Nationality Act,’ Justice Amy Coney Barrett said, writing for the majority. ‘The issue before us is one of remedy: whether, under the Judiciary Act of 1789, federal courts have equitable authority to issue universal injunctions.’

‘A universal injunction can be justified only as an exercise of equitable authority, yet Congress has granted federal courts no such power,’ she added.

Coney Barrett took a swipe at Justice Ketanji Brown Jackson, saying that her argument was ‘ at odds with more than two centuries’ worth of precedent, not to mention the Constitution itself. We observe only this: [Jackson] decries an imperial Executive while embracing an imperial Judiciary.’

In her dissent, Jackson warned that the ruling allowed the president to ‘violate the Constitution’ and presented ‘an existentia threat to the rule of law.’

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A provision inside President Donald Trump’s ‘big, beautiful bill’ that would have lessened regulations on certain firearms was one of many stripped policies that did not pass muster with Senate rules.

The Senate parliamentarian ruled late Thursday night that policy changes that would delist short-barrel rifles, shotguns and suppressors from the National Firearms Act (NFA) would have to be scrubbed from the Senate Finance Committee’s portion of the mammoth bill.

The provision would have allowed for those particular guns and accessories to no longer be subject to a $200 federal tax. They would also no longer have needed to be registered with the Bureau of Alcohol, Tobacco, Firearms and Explosives.

Changes to the NFA were part of the Stop Harassing Owners of Rifles Today (SHORT) Act, a bill pushed by Sen. Roger Marshall, R-Kan., in the upper chamber, and Rep. Andrew Clyde, R-Ga., in the House.

‘This is a setback, but we are committed to working with the parliamentarian to protect the Second Amendment in any way we can through reconciliation,’ Marshall told Fox News Digital in a statement. ‘‘Shall not be infringed’ is crystal clear and the rights of gun owners must be respected.’

Indeed, lawmakers do have the opportunity to rewrite the provision to comport with the Byrd Rule, which governs the budget reconciliation process and allows either party in power to skirt the 60-vote filibuster threshold in the Senate.

Clyde told Fox News Digital in a statement that he disagreed with the ruling, ‘as the taxation and registration of firearms under the draconian NFA are inextricably linked.’ 

‘I’m working with my Senate Republican colleagues to rewrite the language so we can retain our 2A wins and deliver the best possible outcome for the American people,’ he said. ‘We must seize this rare opportunity to restore our Second Amendment rights.’

Arguments before the parliamentarian, who many Republicans lashed out at on Thursday following rulings that stripped key, yet divisive, Medicaid tweaks from the ‘big, beautiful bill,’ are expected to continue throughout Friday and likely until the last few minutes before the final bill is revealed.

The gun provision was one of many tax-related items stripped from the package. Others included subsidies for private schools and carve-outs for religious colleges from the endowments tax, among others.

There are other provisions still under consideration, including ‘Trump Accounts,’ which would have set aside $1,000 in taxpayer money for newborns, requiring Social Securities numbers for a slew of tax credits, and making tax benefits for those who invest in opportunity zones permanent. 

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John Ciampaglia, CEO of Sprott Asset Management, discusses uranium supply, demand and pricing, also sharing details on the Sprott Physical Uranium Trust’s (TSX:U.U,OTCQX:SRUUF) recently closed US$200 million bought-deal financing.

‘It’s clearly acted as a very positive catalyst — the spot price has popped, a lot of the equities have popped on this,’ he said about the agreement.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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 FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (‘ FPX ‘ or the ‘ Company ‘) is pleased to announce the results of its 2025 Annual General and Special Meeting held on June 26 2025.

Shareholders voted in favour of all items put forward by the Board of Directors and Management. Shareholders elected eight directors to the Company’s Board, namely, Kim Baird , Peter M.D. Bradshaw , Anne Currie , James S. Gilbert , Peter J. Marshall , Andrew Osterloh , Robert B. Pease and Martin E. Turenne . The shareholders approved all other matters as proposed, including the appointment of DeVisser Gray LLP as the auditor of the Company and approval of the Company’s 10% rolling share compensation plan.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company’s website at https://fpxnickel.com/ or contact Martin Turenne , President and CEO, at (604) 681-8600 or ceo@fpxnickel.com .

On behalf of FPX Nickel Corp.

‘Martin Turenne’
Martin Turenne , President, CEO and Director

Forward-Looking Statements

Certain of the statements made and information contained herein is considered ‘forward-looking information’ within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

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

SOURCE FPX Nickel Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/27/c9286.html

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Maritime Resources Corp. (TSXV: MAE) (‘Maritime’ or the ‘Company’) is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. (‘Paradigm’) as lead agent and sole bookrunner, for and on behalf of a syndicate of agents (collectively, the ‘Agents’), in connection with a proposed best efforts private placement offering (the ‘Offering’) of up to 8,850,000 common shares in the capital of Maritime (the ‘Offered Securities’) to be issued at $1.13 per Offered Security (the ‘Issue Price’) for gross proceeds of up to $10,000,500.

The Company will also grant the Agents an option (the ‘Agents’ Option‘) to sell up to an additional 1,327,500 Offered Securities at the Issue Price for additional gross proceeds of up to $1,500,075, exercisable in whole or in part by the Agents at any time 48 hours prior to the Closing Date (as defined herein).

The Agents will be paid by the Company on closing of the Offering a cash commission equal to 6% of the gross proceeds of the Offering, including on any exercise of the Agents’ Option, other than in respect of sales of up to $500,000 to certain directors and officers of the Company or their related entities (the ‘President’s List‘) for which the Company shall pay a commission equal to 3%.

The Agents will also receive on the Closing Date compensation options (the ‘Compensation Options‘) entitling the Agents to acquire that number of common shares equal to 6% of the number of Offered Securities issued pursuant to the Offering, including on any exercise of the Agents’ Option, at an exercise price of $1.13, exercisable for a period of 24 months following the Closing Date, other than in respect of sales to the President’s List for which the Agents shall be entitled to that number of common shares equal to 3% of the number of Offered Securities issued to investors on the President’s List.

The net proceeds from the Offering shall be used for exploration and development at the Company’s mineral projects in Newfoundland and Labrador, repaying the balance of the Company’s US$5,000,000 aggregate principal amount of senior secured notes, and general working capital purposes.

The Offering will be conducted in all provinces and territories of Canada pursuant to private placement exemptions, in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘), and in such other jurisdictions as are agreed to by the Company and the Agents. The Offering is expected to close on or about July 17, 2025 (the ‘Closing Date‘) and will be subject to regulatory approvals and customary closing conditions, including the listing of the Offered Securities on the TSX Venture Exchange (‘TSXV‘). All securities issued pursuant to the Offering will have a hold period of four months and one day.

The Offered Securities have not been, and will not be, registered under the U.S. Securities Act, or any U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom. This press release does not constitute an offer to sell or the solicitation of an offer to buy the Offered Securities in the United States, nor may there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Maritime Resources Corp.

Maritime (TSXV: MAE) is a gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. Maritime holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold project. Maritime controls over 439 km2 of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by Maritime in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit.

On Behalf of the Board:

Maritime Resources CORP.
Garett Macdonald, MBA, P.Eng.
President and CEO
Phone: (416) 365-5321
info@maritimegold.com
www.maritimeresourcescorp.com

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Caution Regarding Forward Looking Statements:

Certain of the statements made and information contained herein is ‘forward-looking information’ within the meaning of National Instrument 51-102 – Continuous Disclosure Obligations of the Canadian Securities Administrators. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management’s expectations. Forward-looking statements and information may also be identified by such terms as ‘anticipates’, ‘believes’, ‘targets’, ‘estimates’, ‘plans’, ‘expects’, ‘may’, ‘will’, ‘could’ or ‘would’. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking statements in this news release include without limitation, statements with respect to the ultimate size of the Offering, the Company meeting all conditions for a timely closing of the Offering, including obtaining all required approvals, the proposed use of proceeds of the Offering, and the proposed closing date of the Offering, among others. All forward-looking information contained in this press release is given as of the date hereof, and is based on the opinions and estimates of management and information available to management as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws.

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

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257021

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