Author

admin

Browsing

(TheNewswire)

Anchors to:

Drill hole LBX25-095

  • 3.50 m@ 1.40 g/t Au and 2.30% Zn (162.50 m to 166.00 m) 

including:

  • 0.70 m @ 5.97 g/t Au,18.4 g/t Ag and 10.8% Zn. 

  • 4.50 m@ 2.00 g/t Au, 5.75 g/t Ag and 1.22% Zn(188.00 m to 192.50 m), 

including:

  • 0.50 m @ 3.30 g/t Au,17.8 g/t Ag and 6.84% Zn (188.00 m to 188.50 m),  

  • 2.40 m @ 3.00 g/t Au and 0.78% Zn (190.10 m to 192.50 m), and 

  • 0.55 m @ 12.15 g/t Au, 16.1 g/t Ag and 2.66% Zn (191.10 m to 192.50 m). 

Drill hole LBX25-096

  •          3.85 m @ 1.92 g/t Au and 0.13% Zn (38.70 m to 42.55 m),
    including:
     

  • 0.60 m @ 2.78 g/t Au, 6.30 g/t Ag and 0.62% Zn (40.60 m to 41.20 m), and 

  • 55 m @ 9.59 g/t Au, 5.50 g/t Ag and 0.11% Zn (42.00 m to 42.55 m). 

TORONTO, ONTARIO (January 7, 2026) – TheNewswire – LAURION Mineral Exploration Inc. (TSX-V: LME | OTC: LMEFF | FSE: 5YD) (‘LAURION’ or the ‘Corporation’) is very pleased to report assay results of the first two drill holes from recent diamond drilling at the A-Zone/McLeod/CRK Zone at the Ishkōday Project, located in the Beardmore–Geraldton Greenstone Belt of north-western Ontario, approximately 220 kilometres northeast of Thunder Bay.

The current drill program focuses on the A-Zone/McLeod/CRK Zone, a structurally controlled gold-base metal corridor where historic drilling, surface work, and more recent LAURION drilling demonstrate repeated gold, silver, zinc, and copper mineralization along strike and at depth.

‘These results reinforce what we have been methodically building at Ishkōday — a structurally controlled gold-zinc system with repeated mineralization along a coherent corridor, stated Cynthia Le Sueur Aquin, President and CEO of LAURION. ‘The combination of higher-grade intervals within broader mineralized zones, supported by both historic and recent drilling, gives us confidence that our targeting approach is working as intended. As we continue drilling, our focus remains on understanding continuity, structure, and scale.’

Drill hole LBX25-095 was designed to test a segment of the A-Zone/McLeod/CRK Zone structural corridor supported by proximal historic drill holes 90-41 and 90-49, as well as modern LAURION drill holes LBX20-021 and LBX20-017. Historic drill hole 90-41 intersected multiple gold-bearing intervals at various depths, including 0.55 m grading 3.69 g/t Au and 1.70% Zn, 0.55 m grading 11.88 g/t Au, 8.0 g/t Ag and 8.6% Zn, and deeper intersections including 0.91 m grading 1.63 g/t Au,16.0 g/t Ag, 0.16% Cu and 6.7% Zn, 0.66 m grading 2.12 g/t Au, 14.0 g/t Ag and 10.3% Zn, and 5.36 m grading 0.44 g/t Au, 6.16 g/t Ag and 4.28% Zn (Orient Resources Inc., Sturgeon River Property Diamond Drill Program Report, Claude Larouche, 1990). Nearby historic drill hole 90-49 returned 0.31 m grading 3.87 g/t Au and 1.73 m grading 3.46 g/t Au, 20.36 g/t Ag and 3.72% Zn (Orient Resources Inc., Claude Larouche, 1990). More recent drilling confirmed continuity of mineralization within the same corridor, including 14.08 m grading 0.89 g/t Au in drill hole LBX20-021 and additional gold-silver intervals in LBX20-017 (LAURION press release dated July 28, 2020).

Drill hole LBX25-095 intersected multiple gold-and-zinc-bearing intervals hosted within sheared and altered volcanic rocks consistent with the main A-Zone/McLeod/CRK Zone geological framework.

Reported assay results include 2.60 m grading 1.84 g/t Au from 27.40 to 30.00 m, including 0.60 m grading 7.25 g/t Au, 1.00 m grading 1.02 g/t Au from 45.30 to 46.30 m, and several broader intervals of lower-grade gold with elevated zinc.

A mid-depth mineralized zone returned 3.50 m grading 1.40 g/t Au and 2.30% Zn from 162.50 to 166.00 m, including a higher-grade interval of 0.70 m grading 5.97 g/t Au, 18.4 g/t Ag, 0.22% Cu and 10.8% Zn from 163.05 to 163.75 m.

Deeper in the hole, drilling intersected 4.50 m grading 2.00 g/t Au, 5.75 g/t Ag and 1.22% Zn from 188.00 to 192.50 m, including 0.50 m grading 3.30 g/t Au,17.8 g/t Ag and 6.84% Zn, 2.40 m grading 3.00 g/t Au, and 0.55 m grading 12.15 g/t Au,16.1 g/t Ag and 2.66% Zn.  

Drill hole LBX25-096, located approximately 52 metres east of LBX25-095, was designed to test the eastern continuation of the same structurally controlled mineralized corridor. Targeting for LBX25-096 was informed by proximal drill holes LBX12-006, LBX20-020, and LBX22-089, which intersected gold-bearing mineralization within the same stratigraphic and structural package. Notably, drill hole LBX20-020 returned broad gold-bearing intervals including 6.86 m grading 0.47 g/t Au and 10.84 m grading 0.48 g/t Au, demonstrating mineralized width and continuity and supporting step-out drilling to the east (LAURION press release dated July 28, 2020). Drill hole LBX25-096 subsequently intersected multiple gold-bearing intervals within this corridor, including 3.85 m from 38.70 m to 42.55 m grading 1.92 g/t Au, including a higher-grade interval of 0.55 m from 42.00 m to 42.55 m grading 9.59 g/t Au, and a shallow interval of 1.15 m from 8.35 m to 9.50 m grading 2.14 g/t Au, including 0.50 m from 9.00 m to 9.50 m grading 4.76 g/t Au.

Gold mineralization at Ishkōday occurs within an orogenic gold framework and is commonly accompanied by silver, consistent with orogenic systems globally. In addition, localized enrichment in silver and base metals reflects polymetallic mineralizing events that are overprinted and locally modified by the orogenic gold event. These observations align with structural and geochemical interpretations supporting a multi-phase mineralizing history, as outlined in the Keaton Strongman Report 2024 on the Ishkōday: Ancestral structural controls between Archean epithermal and orogenic gold mineralization.

TABLE Of ASSAYS FOR DRILL HOLES LBX25-095 AND LBX25-096

 

Hole ID

From (m)

To (m)

Core Length (m)

Au (g/t)

Ag (g/t)

Zn (%)

LBX25-095

27.40

30.00

2.60

1.84

0.45

0.02

including

27.90

28.50

0.60

7.25

1.10

LBX25-095

45.30

46.30

1.00

1.02

0.25

0.15

LBX25-095

91.25

95.25

4.00

0.11

0.25

0.01

LBX25-095

132.10

132.60

0.50

0.27

1.40

1.27

LBX25-095

135.20

135.70

0.50

0.53

6.10

0.24

LBX25-095

141.00

141.60

0.50

0.13

1.00

0.13

LBX25-095

143.80

147.80

4.00

0.12

1.71

0.17

LBX25-095

145.00

147.80

2.80

0.14

2.16

0.21

LBX25-095

162.50

166.00

3.50

1.40

4.27

2.30

Including

163.05

163.75

0.70

5.97

18.40

10.80

LBX25-095

167.20

169.35

2.15

0.21

1.36

0.18

LBX25-095

188.00

192.50

4.50

2.00

5.75

1.22

Including

188.00

188.50

0.50

3.30

17.80

6.84

Including

190.10

192.50

2.40

3.00

4.80

0.78

Including

191.1

192.50

0.55

12.15

16.10

2.66

LBX25-096

8.35

9.50

1.15

2.14

5.18

0.61

Including

9.00

9.50

0.50

4.76

8.40

1.35

LBX25-096

10.90

11.40

0.50

0.52

0.70

0.02

LBX25-096

35.75

36.25

0.50

0.31

1.70

0.02

LBX25-096

38.70

42.55

3.85

1.92

2.41

0.13

Including

40.60

41.20

0.60

2.78

6.30

0.62

Including

42.00

42.55

0.55

9.59

5.50

0.11

LBX25-096

98.20

98.70

0.50

0.47

1.80

0.03

LBX25-096

106.80

108.50

1.70

1.19

1.49

0.07

Including

106.80

107.30

0.50

3.14

2.20

0.07

LBX25-096

118.70

121.60

2.90

0.28

3.65

1.41

Including

118.70

119.20

0.50

0.90

14.90

8.18

LBX25-096

129.60

130.10

0.50

2.22

10.10

3.05

 

Name

Elevation

Azimuth

Dip

Easting

Northing

Depth (m)

LBX25-095

332.5

124

-47

446115.3

5512416

201

LBX25-096

331.4

125

-45

446168

5512429

168

TOTAL

         

369

Mineralization on the A-Zone/McLeod/CRK Zone is interpreted to be controlled by the interaction of north–south-trending quartz-gold extensional veins and northeast–southwest-trending sulphide-rich shear veins. Reactivation of earlier sulphide zones during later deformation, locally associated with magnetite-rich assemblages, provides a structural framework that explains repeated gold enrichment, localized grade enhancement within wider base metal envelopes, and strong strike continuity beneath cover.

The current drilling on the A-Zone/McLeod/CRK Zone has focused on refining LAURION’s understanding of the geometry, continuity, and structural controls of the mineralized system. Ongoing work by the LAURION’s technical team and independent consultants is centred on consolidating historical and modern drilling, validating geological interpretations, and strengthening the 3D structural framework. This work is intended to ensure that any future technical milestones are based on a robust, well-constrained geological model, while preserving strategic flexibility as the Ishkōday Project continues to evolve.

Sampling and QA/QC Protocols

All drill core is transported and stored inside the core facility located at the Ishkōday Project in Greenstone, Ontario. LAURION employs an industry standard system of external standards, blanks and duplicates for all of its sampling, in addition to the QA/QC protocol employed by the laboratory. After logging, core samples were identified and then cut in half along core axis in the same building and then zip tied individually in plastic sample bags with a bar code. Approximately five or six of these individual bags were then stacked into a ‘rice’ white material bag and stored on a skid for final shipment to the laboratory.

All core samples were shipped to the ALS facility in Thunder Bay, Ontario, which were then prepared by ALS Global Geochemistry in Thunder Bay and analyzed by ALS Global Analytical Lab in North Vancouver, British Columbia. Samples are processed by 4-acid digestion and analyzed by fire assay on 50 g pulps and ICP-AES (Inductively Coupled Plasma – Atomic Emission Spectroscopy). Over limit analyses are reprocessed with gravimetric finish.

A total of 5% blanks and 5% standard are inserted randomly within all samples. 5% of the best assay result pulps were sent for re-assays. All QA/QC were verified, and no contamination or bias have been observed. The remaining half of the core, as well as the unsampled core, is stored in temporary core racks at the core logging facility in Beardmore and moved to the core storage facility at the Ishkōday Project.

Note: QA/QC review of standards and duplicates indicates analytical results are reliable. One zinc standard adjacent to a high-grade zinc interval returned elevated values consistent with expected analytical behaviour following high-grade samples.

Qualified Person

The technical contents of this release were reviewed and approved by Jean-Philippe Paiement, P.Geo, MSc, a consultant to LAURION and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About LAURION Mineral Exploration Inc.

The Corporation is a mid-stage junior mineral exploration and development company listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION now has 278,716,413 outstanding shares, of which approximately 73.6% are owned and controlled by insiders who are eligible investors under the ‘Friends and Family’ categories.

LAURION’s emphasis is on the exploration and development of its flagship project, the 100% owned mid-stage 57 km2 Ishkōday Project, and its gold-rich polymetallic mineralization.

LAURION’s chief priority remains maximizing shareholder value. A large portion of the Corporation’s focus in this regard falls within the scope of its mineral exploration activities and more specifically, advancing the Ishkōday Project. A consequence of LAURION’s success and advancement over the past several years is that the Corporation has become positioned as an acquisition target for appropriate potential acquirors. Accordingly, the Corporation’s Board of Directors is aware that possible strategic alternatives and transactional opportunities may arise and/or could be procured in the short or medium terms. The Corporation will promptly issue a press release if any material change occurs.

FOR FURTHER INFORMATION, CONTACT:

Laurion Mineral Exploration Inc.

Cynthia Le Sueur-Aquin – President and CEO

Tel: 1-705-788-9186 Fax: 1-705-805-9256

 

Douglas Vass – Investor Relations Consultant

Email: info@laurion.ca

Website: http://www.LAURION.ca

Follow us on: X (@LAURION_LME), Instagram (laurionmineral) and LinkedIn ()

 

Caution Regarding Forward-Looking Information

This press release contains forward-looking statements, which reflect the Corporation’s current expectations regarding future events including with respect to LAURION’s business, operations and condition, management’s objectives, strategies, beliefs and intentions, the Corporation’s ability to advance the Ishkōday Project, the nature, focus, timing and potential results of the Corporation’s exploration, drilling and prospecting activities in 2026 and beyond, including the Corporation’s diamond drill program described in this press release and the Corporation’s other planned activities for the Ishkōday Project for the remainder of 2026, and the statements regarding the Corporation’s exploration or consideration of any possible strategic alternatives and transactional opportunities, as well as the potential outcome(s) of this process, the possible impact of any potential transactions referenced herein on the Corporation or any of its stakeholders, and the ability of the Corporation to identify and complete any potential acquisitions, mergers, financings or other transactions referenced herein, and the timing of any such transactions. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the TSX Venture Exchange or any other applicable regulator not providing its approval for any strategic alternatives or transactional opportunities, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Corporation’s publicly filed documents. Investors should consult the Corporation’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the Corporation’s public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Corporation disclaims any obligation to update these forward-looking statements. All sample values are from grab samples and channel samples, which by their nature, are not necessarily representative of overall grades of mineralized areas. Readers are cautioned to not place undue reliance on the assay values reported in this press release.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

 

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

Crown Porphyry-Stockwork Drill Targets Confirmed

Vancouver, British Columbia, January 7th, 2026 TheNewswire Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce it has received final assay results for samples taken at the Silver King Project from the Crown porphyry target area located on the east side of the property (Fig. 1).


Click Image To View Full Size

Figure 1.  Map showing the location of the Crown porphyry and stockwork and Black Diamond replacement exploration targets at the Silver King project.  Claim boundaries are shown in yellow.

Overlimit silver assays have been received for the samples taken in late 2025, showing high grade silver mineralization associated with quartz-sulfide veins hosted by the Crown porphyry (Fig 2, Table 1). These assays provide evidence for a high-priority drill target, especially when taken in conjunction with the high gold assays reported previously for the stockwork intrusion (see the News Release of Dec. 3, 2025).  

‘Prismo optioned Silver King with existing drill targets around the historically significant high-grade silver mine. Based on the geology and its location in a well mineralized region, we believed that additional mineralization was also likely present. Our work in the second half of 2025 indicates that we were correct, and we now have exceptional drill targets at the Crown porphyry and adjacent Black Diamond replacement areas,’ stated Craig Gibson, Chief Exploration Officer of the Company. He added, ‘With the high-grade gold assays reported in December and the copper assays at the Black Diamond replacement, we now have a very significant precious-metal and copper target at Silver King similar to other areas in this well mineralized district that includes the Magma mine and the Resolution copper deposit.’  

‘These additional assay results along with the IP survey information continue to enhance and support our exploration thesis of the Silver King mine and surrounding areas,’ stated Gordon Aldcorn.  ‘This modern-day review has yielded additional drill targets and prospective structures to our program in this already very strategically located project.’

 

Table 1. Assay results for selected samples from the Crown porphyry stockwork

Sample

Location

Easting

Northing

Width m

Au g/t

Ag g/t

Cu %

Pb %

Zn %

544559

Crown porphyry

492681

3687905

0.5 m

0.02

18.91

0.02

0.07

0.04

544561

Crown porphyry

492673

3687904

2 m

0.02

177

0.07

0.37

0.02

544563

Crown porphyry

492613

3687848

0.5m

0.03

176

0.09

0.01

544591*

Crown porphyry

492799

3687851

1.0

5.19

46.44

0.05

0.21

0.06

544592*

Crown porphyry

492793

3687823

1.0

4.06

13.97

0.02

0.10

0.07

*Assays previously released in News Release of December 3, 2025.


Click Image To View Full Size

Figure 2. Precious metal and copper assays from the Crown porphyry
and the Black Diamond replacement body at the Silver King Project.

IP Survey

The Company also completed a pole-dipole IP survey over a part of the Silver King project in December 2025.  This survey was designed to provide some additional 3-dimensional data for areas identified during the initial gradient array survey (see News Release dated December 3, 2025). This new survey confirmed the presence of important chargeability and resistivity anomalies at the Silver King project. The Silver King silver mine appears to be associated with a large low resistivity anomaly located on the contact of the Silver King diorite porphyry (Fig 3). There is also low resistivity anomalies associated with the Crown porphyry and near the replacement mineralization at Black Diamond (Fig 3). The highest chargeability anomalies appear to be associated with the altered country rocks along intrusive contacts, but a chargeability high is also associated with the Crown porphyry stockwork intrusion. The anomaly associated with the Crown porphyry is particularly interesting and can be traced from shallow levels to about 300 meters in depth.  


Click Image To View Full Size

Figure 3. IP resistivity map at a depth of 75 meters, overlain on geology and showing the Silver King glory hole (black line), Black Diamond replacement body in red, and the Crown porphyry-stockwork in magenta.  


Click Image To View Full Size

Figure 4. IP chargeability at a depth of 75 meters, overlain on geology and showing the Silver King glory hole (black line), Black Diamond replacement body in red, and the Crown porphyry-stockwork in magenta.  

Drilling Update

Alain Lambert, CEO of Prismo commented: ‘The results announced today confirm the vast exploration potential at Silver King. While we look forward to drilling these new targets in the future, our plans remain unchanged. Our immediate priority is to undertake our fully funded drill program, as previously announced. This drill campaign will primarily focus on the historic Silver King mine site and will be about 2,000 meters. The objective is to test the upper half of the steeply dipping pipelike Silver King mineralized body as well as potential mineralization adjacent to the dense stockwork that was the focus of historic mining.’

Mr. Lambert added: ‘We are pleased with the steady progress on the permitting front. The collaboration of Forest Service officials demonstrates a clear commitment to supporting mining activities in Arizona.’

Prismo recently announced that the Forest Service, the federal surface land management entity for Silver King, had determined that the Company’s proposed drill plan meets the regulatory requirements for processing, and that such plan is complete, as described in the regulations at 36 CFR 228.4(c).

The Forest Service is currently proceeding with the environmental analysis pursuant to 36 CFR 228(a)(5) in conformity with the National Environmental Policy Act (NEPA). This analysis is proceeding as a Categorical Exclusion, the lowest level of environment reviews applicable to projects that are not expected to have a significant effect on the environment, such as Silver King.

QA/QC

Samples were analyzed by SGS, an internationally recognized analytical lab, with preparation at the Tempe, Arizona facility and analyses at the Burnaby laboratory.  Prismo inserts controls samples consisting of a standard pulps and a coarse blanks in the sample stream, and the lab also inserts control samples.  

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.  

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on Twitter, Facebook, LinkedIn, Instagram, and YouTube

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6 Phone: (416) 361-0737

 

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

  

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as intends’ or anticipates’, or variations of such words and phrases or statements that certain actions, events or results may’, could’, should’, would’ or occur’. This information and these statements, referred to herein as ‘forward-looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King; and the intended use of any proceeds raised under recent financings.

These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the potential inability of the Company to utilize the anticipated proceeds of the Private Placement as anticipated; and those risks set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.com) under the Company’s issuer profile.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will use the proceeds of the Second Tranche as currently anticipated and on the timeline currently expected.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward- looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward- looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

The growing prevalence of chronic diseases like cancer and diabetes is driving increasing innovation in medical device technology. In 2024 alone, 30 new devices were approved by the US Food and Drug Administration (FDA).

Wearable medical devices and the use of artificial intelligence in medical technology are two key trends in this sector.

Investors who want exposure to this wave of growth may want to consider NASDAQ small-cap medical device stocks. Below is a list of the top NASDAQ medical device companies based on year-on-year gains.

All data was compiled on December 31, 2025, using TradingView’s stock screener, and the medical device makers listed below had market caps between US$50 million and US$500 million at that time.

1. MDxHealth (NASDAQ:MDXH)

Year-on-year gain: 50.86 percent
Market cap: US$173.24 million
Share price: US$3.50

MDxHealth is a commercial-stage precision diagnostics company specializing in molecular tests for urologic cancers, particularly prostate cancer, using genomic, epigenetic and exosomal technologies. Its US headquarters and operations are located in Irvine, California.

The company offers non-invasive and tissue-based diagnostic assays that run on standard PCR platforms.

In September, MDxHealth acquired Exosome Diagnostics from Bio-Techne (NASDAQ:TECH) for US$15 million, adding the ExoDx Prostate urine test to its portfolio. The deal also includes a CLIA-certified clinical laboratory and related assets. The deal is expected to generate over US$20 million in revenue in 2026.

2. KORU Medical Systems (NASDAQ:KRMD)

Year-on-year gain: 50.13 percent
Market cap: US$269.6 million
Share price: US$5.82

KORU Medical Systems develops and manufactures medical devices and supplies in the US and internationally, with a focus on mechanical infusion products. Its Freedom Syringe Infusion System first received FDA clearance in 1994.

Based on this system, its primary products include the Freedom60 and FreedomEdge syringe infusion systems, Precision Flow Rate Tubing and High-Flo Subcutaneous Safety Needle Sets.

KORU Medical Systems submitted a 510(k) premarket notification to the FDA on December 30, 2025, seeking clearance for its FreedomEdge system to deliver Phesgo — a HER2+ breast cancer targeted biologic — subcutaneously, targeting infusion centers to cut chair time and boost efficiency.

The company stated this is part of its strategy to expand the indications of FreedomEdge to the wider oncology infusion center market.

3. Vivani Medical (NASDAQ:VANI)

Year-on-year gain: 1.71 percent
Market cap: US$86.81 million
Share price: US$1.19

Vivani Medical is a clinical-stage biopharmaceutical company developing miniature, long-term subdermal drug implants using its proprietary NanoPortal technology to treat chronic conditions like obesity and type 2 diabetes.

Headquartered in Alameda, California, Vivani focuses on GLP-1 implants that provide steady drug release over six months to improve adherence and tolerability compared to daily pills or weekly injections.

In August, Vivani Medical reported positive Phase 1 results from its LIBERATE-1 trial of the NPM-115 exenatide implant, confirming safety and steady drug release for obesity treatment without major side effects.

The company plans to rapidly advance its NPM-139 semaglutide implant after it achieved preclinical results of sustained 20 percent weight loss. It is planning a Phase 1 clinical study in the first half of 2026.

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

This post appeared first on investingnews.com

2025 marked a turning point for investment in the cannabis sector, shifting the focus toward operational resilience and consolidation after a sluggish 2024.

Key market drivers included an upswing in merger and acquisition (M&A) activity as stronger multi-state operators (MSOs) acquired distressed assets, alongside pivotal regulatory developments.

The central theme for the year was the expected US federal shift to Schedule III, a policy rollercoaster that culminated in an executive order to expedite rescheduling, focusing investor flows into scaled, cashflow-positive MSOs.

Internationally, incremental legalization in Europe, particularly the momentum in Germany, broadened the global footprint and provided new export channels for North American producers.

Within market trends, profitability pivoted away from bulk flower to high-margin consumables, with infused pre-rolls and edibles driving category growth and supporting a rerating of resilient operators.

US cannabis rescheduling a core shift

After 2024’s punishing drawdowns, cannabis navigated a high-stakes policy rollercoaster in 2025.

The sector bottomed in Q1 as anticipated US Drug Enforcement Administration (DEA) rescheduling hearings were delayed, but ignited in late Q3 and Q4 as the narrative shifted toward a decisive executive-led reclassification.

This momentum culminated in US President Donald Trump’s December 18 executive order, which expedites rescheduling and CBD access. It triggered a parabolic surge followed by a violent ‘sell the news’ correction.

“Cannabis is not just a volatile sector or industry. It is the most volatile place,” said Dan Ahrens, managing director and portfolio manager of the AdvisorShares Pure US Cannabis ETF (ARCA:MSOS). “It just proves the point, once again, that we really, really need this federal reform to be officially completed.”

Indeed, 2025 brought plenty of ups and downs. The year opened with Schedule III buzz, which came after prior Department of Health and Human Services recommendations and initial DEA scheduling proposals from late 2024; however, proceedings ground to a halt after the DEA postponed a key January hearing by over 180 days due to administrative turnover, bias claims and leadership gaps post-election. These disruptiosn kept Section 280E tax penalties in place and banking access frozen, keeping margins for MSOs compressed.

Meanwhile, House spending bills included language prohibiting the Department of Justice (DoJ) from spending any funds on rescheduling efforts, while Senate Farm Bill revisions redefined hemp to exclude intoxicating derivatives like delta-8 THC, capping them at trace levels and effectively imposing a nationwide hemp ban on high-potency alternatives.

The MSOS ETF’s portfolio construction exemplified the broader trend of investor flows concentrating into scaled, cash-flow-positive MSOs amid reform volatility. The fund’s top three holdings — Curaleaf Holdings (CSE:CURA,OTCQX:CURLF), Trulieve Cannabis (CSE:TRUL,OTCQX:TCNNF) and Green Thumb Industries (CSE:GTII,OTCQX:GTBIF) — accounted for over 68 percent of its total holdings as of December 31, underscoring confidence in these operators as resilient proxies for US cannabis maturation while smaller single-state players face dilution.

MSOS managers reinforced the shift in the year’s third quarter by trimming three underperformers from the ETF: 4Front Ventures (CSE:FFNT), Lowell Farms (CSE:LOWL) and Gold Flora.

Despite stalls in momentum, Trump kept hope alive in the cannabis sector throughout the year.

In September, he called cannabis reform an “80-20 issue” with broad public backing, and posted a Truth Social video promoting CBD for seniors and suggesting Medicaid coverage.

Those moves, alongside Representative Greg Steube’s (R-FL) Marijuana 1-to-3 Act, aimed at legislatively shifting cannabis to Schedule III, drove a surge in Q3 without any underlying procedural progress.

As mentioned, the December 18 executive order injected fresh life into the sector, directing the DoJ and DEA to expedite cannabis rescheduling to Schedule III, while launching a CMS Innovation Center pilot for federal health programs to cover hemp-derived CBD as early as April 2026, with up to US$500 annual reimbursement for eligible patients.

CMS Administrator Mehmet Oz previously endorsed Medicare reimbursement for CBD therapies during his confirmation hearings, framing them as “low-risk, high-impact” options for age-related ailments.

European cannabis legalization and international growth

2025 brought incremental legalization or medical frameworks in multiple jurisdictions, including Czechia, Malta, Poland, Switzerland and Luxembourg, broadening the investable global footprint.

This continental momentum has directly boosted North American producers through export ramps and licensing deals, with Canadian licensed producers capturing 43 percent of Germany’s Q2 imports alone.

The country’s CanG framework and adult‑use reform, which came into effect in April 2024, have made it Europe’s most important legal market, with 2025 medical sales expected to see explosive year-on-year growth.

Cannabis company trends in 2025

In 2025, cannabis companies pivoted toward operational resilience and product innovation amid persistent commoditization pressures. After 2024’s wholesale flower price declines, down roughly 32 percent since 2021 by some estimates, stronger MSOs like Tilray Brands (TSX:TLRY,NASDAQ:TLRY) are demonstrating pricing power through branded products and category expansion into edibles, vapes and infused pre-rolls.

Deal flow rebounded from 2024’s US$1.17 billion trough, with US transactions reaching US$2.1 billion.

Against that backdrop, cash-rich MSOs pursued distressed roll-ups in oversupplied states like California and New York, with Vireo Growth’s (CSE:VREO,OTCQX:VREOF) acquisitions in Minnesota and New York exemplifying the trend, achieving critical mass with premium valuations amid hemp restrictions.

Private equity and creative deal structures dominated in the cannabis market, preparing operators for federal reform, while consolidating fragmented retail.

Investor takeaway

2025 marked a transformative year for cannabis, with regulatory breakthroughs and market maturation set against the backdrop of volatility. Trump’s execuctive order has brought new life into the sector in the US with the promise of not only banking and tax relief, but also bipartisan momentum for normalization; however, investors remain cautious.

“Everybody is waiting for it to be real and for it to be completed. Because even though we think the executive order was huge … nothing’s complete yet. Nothing’s official yet,” explained Ahrens.

Looking to 2026, he emphasized that the path forward for cannabis isn’t a straight line, but rather a series of volatile ‘waves’ tied to incremental regulatory milestones. Ahrens anticipates that while the finalization of Schedule III should trigger an initial move, it is merely the first domino; subsequent upside depends on the DoJ providing clear guidance for state-legal adult-use programs and the eventual passage of banking reform.

While he does foresee cannabis stocks uplisting to major exchanges, and Big Pharma companies beginning to make acquisitions in the space, Ahrens remains cautious about timing, noting that even with a signed order, large institutional banks will likely keep the ‘blockade’ in place until the legal ink is truly dry.

Ultimately, while 2025’s executive action has established a concrete foundation for federal reform in the US, the cannabis sector remains poised in a state of high-stakes volatility, with its full maturation dependent on official completion of milestones in 2026 and beyond.

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

This post appeared first on investingnews.com

House Oversight Committee Chairman James Comer, R-Ky., will accuse top Minnesota government officials of being ‘asleep at the wheel’ at the start of his panel’s high-profile hearing into alleged fraud.

In Comer’s opening statement, obtained by Fox News Digital, he is expected to question whether ‘Governor Tim Walz, Attorney General Keith Ellison, and Minnesota’s Democratic leadership’ were negligent or ‘complicit’ in the growing scandal.

‘Minnesota’s social services — which are funded by you, the American taxpayer — are being ripped off. The most vulnerable are suffering as a result,’ Comer will say, according to his prepared remarks. 

‘The fraudsters — many of whom are from Minnesota’s Somali community — have stolen from programs meant to feed needy kids, provide services to autistic children, house low-income and disabled Americans, and provide healthcare to vulnerable Medicaid recipients.’

Federal prosecutors in Minnesota have charged multiple people with stealing more than $240 million from the Federal Child Nutrition Program through the Minnesota-based nonprofit Feeding Our Future.

However, the probe has since widened to multiple state-run programs being investigated for potential fraud. Childcare providers receiving state funding, mainly within the Somali community, are also under scrutiny.

U.S. attorneys have alleged that billions more dollars could have fallen prey to fraud in the state, something Walz has pushed back on while accusing Republicans of politicizing the scandal.

‘Fraudsters like these take millions to enrich themselves while providing nothing, overstating, or outright faking the services. How many children have gone hungry because fraudsters stole money that was intended to provide them with food?’ Comer will say.

‘How many autistic children were denied services because fraudsters instead sent this money overseas? How many low-income seniors, people with disabilities, or those with mental illnesses were denied access to housing because fraudsters drained resources and pocketed the money for themselves?’

Comer will argue in his statement that the revelations so far are ‘just the tip of the iceberg.’

The Wednesday hearing, which kicks off at 10 a.m. ET, will feature testimony from three Republicans in the state legislature.

Comer summoned Walz and Ellison for a follow-up hearing on Feb. 10, but it’s not yet clear if they will attend.

House Majority Whip Tom Emmer, R-Minn., will also take part in Wednesday’s hearing, Fox News Digital was told. Emmer is a longtime critic of Walz’s administration and represents a district that’s home to two out of three of the hearing’s GOP witnesses.

This post appeared first on FOX NEWS

President Donald Trump has adopted an interventionist posture to justify toppling dictator Nicolás Maduro’s regime in Venezuela and has signaled he’ll take the same approach with other Latin American countries next as his administration seeks to assert dominance in the Western Hemisphere.

Interventionism is a foreign policy approach by which one country intervenes in another state’s affairs. The U.S. has engaged in several interventions abroad, including launching an invasion of Iraq in 2003 that led to the toppling of Iraqi dictator Saddam Hussein’s regime. 

While Trump has blasted previous administrations for actions in the Middle East and vowed he would bring an end to ‘endless wars’ while ushering in an ‘America First’ agenda prioritizing U.S. interests, Trump signed off on conducting a ‘large scale strike’ against Venezuela and capturing Maduro Saturday, prompting concern, primarily from Democrats, about starting another lengthy conflict. 

The strikes in Venezuela come on the heels of several other major military operations from the Trump administration, including strikes in Nigeria on Christmas Day against Islamic State militants in response to attacks against Christians in the region, strikes in Syria in December against Islamic State operatives after an ambush against U.S. troops there, and strikes in June against the Iranian nuclear sites of Fordow, Natanz and Isfahan. 

But unlike the strikes in the Middle East, the operations in Venezuela require additional U.S. involvement. Trump said Sunday that the U.S. will run Caracas, Venezuela, until a safe transition can occur, thrusting the U.S. into the most significant military intervention of Trump’s presidencies as he wages a campaign to ‘reassert American dominance in the Western Hemisphere.’

‘Trump has never been an advocate of regime change, but that is what he has on his hands now. Unlike the Fordow strikes, where Trump acted and then said, ‘The fight is over,’ he will not have that luxury here in Venezuela,’ retired Rear Adm. Mark Montgomery, now a senior fellow with the Foundation for the Defense of Democracies, said in a statement Saturday. 

Most Republicans have backed Trump’s actions in Venezuela, although some from the more anti-interventionist camp of the GOP have voiced skepticism, including outgoing Rep. Marjorie Taylor Greene, R-Ga., who said in a social media post Saturday, ‘This is what many in MAGA thought they voted to end.’

Meanwhile, Democrats have issued caution that the U.S. may be entangling itself in another complicated conflict. For example, Senate Minority Leader Chuck Schumer, D-N.Y., claimed that the U.S. is on the path to another ‘endless war.’

‘The American people are worried that this is creating an endless war,’ Schumer said in an interview with ABC News Sunday. ‘The very thing that Donald Trump campaigned against over and over and over again was no more endless wars. And, right now, we’re headed right into one with no barriers, with no discussion.’

Trump announced Saturday that U.S. special forces conducted a strike against Caracas, Venezuela, and seized Maduro and his wife, Cilia Flores. The two were taken to New York and appeared in a Manhattan federal court on Monday on drug charges. Both pleaded not guilty. 

In addition to running Venezuela, Trump said the U.S. was ‘ready to stage a second and much larger attack’ if needed in Caracas. Likewise, he signaled Sunday that other Latin American countries could also face regime change, singling out Cuba and issuing a word of caution to Colombia’s president, Gustavo Petro.

‘Cuba only survives because of Venezuela,’ Trump said.

‘Colombia is very sick too — run by a sick man who likes making cocaine and sending it to the United States, and he’s not going to be doing it very long,’ Trump said. 

Trump’s words and actions come as he’s revived the Monroe Doctrine, rebranded as the ‘Don-roe Doctrine,’ that originally sought to limit European influence in Latin America and to protect U.S. influence in the region.

The Monroe Doctrine, first introduced in 1823 by President James Monroe, specifically cautioned European nations against further colonization in Central and South America. Later, it was used to justify U.S. actions in the region as an ‘international police power’ under former President Theodore Roosevelt, according to the National Archives.

‘The Monroe Doctrine is a big deal. But we’ve superseded it by a lot, by a lot,’ Trump said Saturday. ‘They now call it the ‘Don-roe Doctrine.’ … We sort of forgot about it. It was very important, but we forgot about it. We don’t forget about it anymore. Under our new national security strategy, American dominance in the Western Hemisphere will never be questioned again.’

Katherine Thompson, a senior fellow in defense and foreign policy studies at the libertarian think tank the Cato Institute, told Fox News Digital Tuesday it’s too early to tell if Trump’s future approach to the Western Hemisphere will include more interventionist activity.

However, she said the ‘expansive’ definition of what America’s core interests are ‘opens the administration up to risk of strategic drift away from the ‘America First’ framework, diminishes the principle of prioritization and allows greater tolerance for an interventionist approach.’ 

So far, Trump has claimed his actions in Venezuela are complementary to his ‘America First’ priorities because he wants the U.S. to have ‘good neighbors.’ 

Retired Vice Adm. Robert Harward, a Jewish Institute for National Security of America (JINSA) 2022 General and Admirals Program participant and a member of JINSA’s Iran Policy Project, said Trump’s actions in Venezuela are on the same page as the president’s ‘America First’ agenda.

That means holding other nations who mistreat their people accountable for their own benefit and for the benefit of the American people, he said. 

‘They’re clearly aligned. This is exactly what he’s talked about. … This is an accountability for them,’ Harward said.

For those concerned about the U.S. military’s actions in Venezuela, Vice President JD Vance has attempted to soothe their fears. Vance leans toward the non-interventionist wing of the Trump administration and historically has backed a foreign policy doctrine that supports minimal interference with other nations’ affairs.

‘I understand the anxiety over the use of military force, but are we just supposed to allow a communist to steal our stuff in our hemisphere and do nothing?’ Vance said in a social media post Sunday. ‘Great powers don’t act like that.’ 

Secretary of State Marco Rubio claimed the U.S. did not require approval from Congress to conduct the strike since it wasn’t an ‘invasion’ and claimed actions in Caracas, Venezuela, were part of a ‘law enforcement function to capture a drug trafficker.’ 

The Trump administration repeatedly stated that it did not recognize Maduro as a legitimate head of state and insisted he was the leader of a drug cartel. 

But lawmakers, especially Democrats, have called into question the legality of the operation in Venezuela, which was conducted without Congress’ approval. 

‘This has been a profound constitutional failure,’ the top Democrat on the Senate Armed Services Committee, Sen. Jack Reed, D-R.I., said in a statement Saturday. ‘Congress — not the President — has the sole power to authorize war. Pursuing regime change without the consent of the American people is a reckless overreach and an abuse of power.

‘The question now is not whether Maduro deserved removal — it is what precedent the United States has just set, and what comes next.’ 

This post appeared first on FOX NEWS

The U.K. and France signed a declaration Tuesday pledging troops for Ukraine under a future peace deal and with security guarantees supported by the U.S. and allied partners.

The declaration was adopted in Paris by the Coalition of the Willing and sets out what leaders said was a framework for lasting peace between Ukraine and Russia, set in international law and the principles of the United Nations Charter.

Russia’s full-scale invasion of Ukraine in 2022, triggered Europe’s largest conflict since World War II.

The new agreement says that Ukraine’s sovereignty and its ability to defend itself are non-negotiable elements of any peace deal and warned that its self-defense is essential to its own security and wider Euro-Atlantic stability.

Under the plan, a multinational force for Ukraine would be deployed once a ceasefire is in place, aimed at deterring any Russian aggression and supporting the rebuilding of Ukraine’s military.

The force would be European-led with proposed support from the U.S.

The declaration also commits the Coalition to security guarantees that would be activated once a ceasefire begins.

These include commitments to support Ukraine militarily, diplomatically and economically in the event of a future armed attack by Russia.

A key U.S. role is outlined in plans for a continuous, U.S.-led ceasefire monitoring and verification mechanism, with contributions from partners.

The U.S. would participate in a special commission to manage ceasefire breaches, attribute responsibility and determine solutions.

Coalition members also agreed to carry on with long-term military support for Ukraine and pledged defense cooperation, including training, defense production and intelligence sharing.

Leaders also announced the creation of a permanent U.S.-Ukraine-Coalition coordination cell based at the Coalition’s headquarters in Paris.

The declaration was unveiled at a joint news conference by French President Emmanuel Macron, Ukrainian President Volodymyr Zelenskyy and U.K. Prime Minister Keir Starmer.

This followed talks in Paris which were attended by Jared Kushner and the U.S. special envoy, Steve Witkoff.

This post appeared first on FOX NEWS

When Nicolás Maduro was removed from power by the United States, many in Washington expected the U.S. to rally behind Venezuela’s most prominent opposition leader.

Instead, the Trump administration moved to engage a longtime Maduro loyalist, signaling a transition strategy driven less by democratic symbolism than by concerns over stability on the ground.

The approach sidelined María Corina Machado, the opposition leader who claims the strongest popular mandate and international profile, while elevating Delcy Rodríguez, Maduro’s vice president and a central figure in the outgoing regime.

Administration officials and outside analysts say the shift reflects a calculated effort to avoid a power vacuum and maintain control during a fragile transition, even as it complicates Washington’s longstanding support for Venezuela’s democratic opposition. 

And President Donald Trump is betting Rodríguez now lives in fear of what might happen to her if she defies the U.S. 

Trump, describing his phone call with Rodríguez, said she offered: ‘We’ll do whatever you need.’

‘I think she was quite gracious,’ he said. 

But in a separate interview with The Atlantic he warned: ‘If she doesn’t do what’s right, she is going to pay a very big price, probably bigger than Maduro.’

Following Maduro’s removal, Delcy Rodríguez was sworn in as Venezuela’s interim president after the Supreme Court ruled she should assume power in his absence. 

Under Venezuela’s constitution, the vice president can serve on an interim basis while the country determines whether and when new elections will be held. While the constitution generally calls for elections within 30 days if a president is permanently unable to serve, authorities have so far described Maduro’s removal as temporary, allowing Rodríguez to remain in office as the timeline for a political transition is debated.

A classified CIA intelligence assessment examined who would be best positioned to lead a temporary government in Caracas, Venezuela, and maintain short-term stability, a source familiar with the intelligence told Fox News Digital. The report, requested by senior policymakers and presented to Trump, aimed to offer the president ‘comprehensive and objective analysis’ on possible scenarios after Maduro’s capture.

A source familiar with the assessment told Fox News Digital that the assessment attempted to analyze the domestic situation in Venezuela, but did not describe how Maduro could lose power or advocate for his removal.

Trump senior policymakers requested the assessment — specifically one that addressed who would be best able to stabilize Venezuela ‘immediately’ following a Maduro removal. 

‘There was sentiment among senior officials that Machado lacked the necessary support in Venezuela if Maduro was to be removed,’ the source familiar told Fox News Digital. 

One of the reasons for that, the source told Fox News Digital, was because Machado was not in Venezuela, though she has vowed to return. 

The report found Rodríguez would be best positioned to lead a temporary government in Caracas, Venezuela, and Gonzalez and Machado would struggle to gain support from security services. 

While Machado has been widely embraced by Western governments and democracy advocates, U.S. officials and analysts say that support has not translated into leverage over Venezuela’s military or security services.

Trump’s skepticism also has been shaped by frustration from his first term, when international backing and opposition momentum failed to produce a transfer of power.

‘Machado has an inherent problem from the get-go,’ said Pedro Garmendia, a Venezuela expert and Washington-based geopolitical risk analyst. ‘She doesn’t control troops or hold any sort of power in Venezuela.’

At the same time, ‘Rodríguez is an ideologue,’ he said. ‘In the long term, the Trump administration might find itself having trouble reining her in.’

Trump has been more blunt in explaining why the administration has not rallied behind Machado. Speaking after the operation that removed Maduro from power, Trump questioned whether she could lead Venezuela in a transition, saying she lacked sufficient support inside the country. 

‘I think it would be very tough for her to be the leader,’ Trump said. ‘She doesn’t have the support within or the respect within the country.’

A Washington Post report had claimed that Trump was upset Machado accepted this year’s Nobel Peace Prize — an award he coveted and that she dedicated to him. But the White House insisted Trump’s actions were the result of internal briefings.

‘President Trump is routinely briefed on domestic political dynamics all over the world. The President and his national security team are making realistic decisions to finally ensure Venezuela aligns with the interests of the United States, and becomes a better country for the Venezuelan people,’ said White House press secretary Karoline Leavitt. 

Rubio has sought to frame the decision as mission-driven rather than personal, pointing to past U.S. interventions as cautionary examples. 

‘I have tremendous admiration for María Corina Machado. I have admiration for Edmundo,’ Rubio said Sunday on CBS’ ‘Face the Nation.’ ‘But there’s the mission that we are on right now. … A lot of people analyze everything that happens in foreign policy through the lens of Iraq, Libya, or Afghanistan. This is not the Middle East. This is the Western Hemisphere, and our mission here is very different.’

The administration’s caution also is shaped by a long history of U.S. intervention in Latin America, where American-backed coups and political engineering have left deep skepticism toward Washington’s motives. Installing an opposition leader immediately after a U.S. military operation, analysts warn, could revive those suspicions and undermine any transition before it begins.

‘If they were to bring María Machado and presumably Edmundo González back to the country and install them as president, it would look a lot like the United States installing a new president,’ said Eric O’Neill, a former FBI counterintelligence operative. ‘That would actually cause civil unrest.’

‘Venezuelans are proud people, and they need to elect their next president,’ O’Neill added.

But Garmendia said Rodríguez is ‘just as illegitimate as Maduro was — and probably even less popular.’ 

He said Rodríguez lacks the charisma and mass appeal that traditionally have sustained Venezuela’s ruling movement, and that her authority rests largely on internal bargaining and elite control rather than public support.

In the interim, locals have reports of armed gangs patrolling the streets. Venezuelan authorities have detained at least 14 journalists since Maduro’s capture, according to the union representing Venezuelan reporters. 

‘There’s going to be a lot of instability in the next couple of weeks,’ Garmendia said.

This post appeared first on FOX NEWS

A bipartisan group of senators is still working on a fix for the now-expired Obamacare subsidies and believe that they may be nearing a proposal that could hit the Senate floor.

The confab, which met a handful of times during Congress’ holiday break, adjourned once more behind closed doors on Monday night. Sens. Susan Collins, R-Maine, and Bernie Moreno, R-Ohio, are leading the talks among several Senate Republicans and Democrats looking for a compromise solution.

Most who attended the meeting were tight-lipped on specifics of the still-simmering proposal, but Collins noted the plan was similar to the initial offering from her and Moreno.

‘Parts of the bill are similar to what Senator Moreno and I proposed originally, with a two-year extension, with some reforms in the first year and then more substantial reforms in the second year,’ she said.

Their original plan — one of several floating around in the upper chamber — would have extended the subsidies by two years, put an income cap onto the credits for households making up to $200,000 and eliminated zero-cost premiums as a fraud preventive measure by requiring a $25 minimum monthly payment.

Sen. Tim Kaine, D-Va., one of the lawmakers who has routinely attended the meetings, said the talks were going well.

‘We had a really good discussion last night,’ Kaine said. ‘I don’t want to characterize it other than we had a really good discussion.’

And Senate Majority Leader John Thune, R-S.D., said that he had gotten an update on negotiations from Moreno Tuesday morning and believed that the bipartisan huddles had been productive.

Still, any plan that hits the floor has to hit several benchmarks for Republicans, including antifraud guardrails, a transition into health savings accounts (HSAs) and more stringent anti-abortion language.

‘The keys are reforms, obviously, and then how do you navigate [the Hyde Amendment],’ Thune said. ‘I think that’s probably the most challenging part of this. But again, I think there’s potentially a path forward, but it’s something that has to get a big vote, certainly a big vote.’

The Hyde Amendment issue is a barrier for both sides of the aisle, given that Senate Republicans demand that changes be made to the subsidies, and more broadly Obamacare, to prevent any taxpayer dollars from funding abortions.

That debate received a wrinkle Tuesday when President Donald Trump told House Republicans ‘you have to be a little flexible’ when it comes to the Hyde Amendment.

That triggered mixed reactions from Republicans in the upper chamber.

Sen. James Lankford, R-Okla., said that he had ‘no idea the context’ of Trump’s remarks but affirmed that he was ardently against funding abortions.

‘I’m saying I’m not flexible in the value of human life,’ Lankford said. ‘Life is valuable. I don’t believe some children are disposable, and some children are valuable. I think all children are valuable.’

Senate Democrats largely viewed Trump’s comments as a sign of progress — that maybe Republicans would budge on the Hyde issue. But flexibility goes both ways, and Sen. Ron Wyden, D-Ore., and top-ranking Democrat on the Senate Finance Committee, wasn’t ready to budge on the matter.

‘I am not going to open the door to Hyde, given what happens and what has been seen historically when you do that,’ he said. ‘If you open the door, it will get drafty in a hurry, and I’m not going to let it happen.’

Moreno signaled that Republicans might have to make a compromise on the issue if they wanted to move ahead with any kind of healthcare fix that could pass muster in the Senate.

He noted that there was a sense that ‘maybe the Obamacare language wasn’t as adherent to that philosophy [of Hyde] as it should be.’

‘But that’s not something that we’re looking — able to change right now,’ he said. ‘Because, quite frankly, if you put Hyde up to a vote among Democrats today, as opposed to Democrats 20 years ago, it would probably fail 46 to one on the Democrat side. So unfortunately, most Democrats today feel that there should be federal funding for abortion.’

This post appeared first on FOX NEWS

Perth, Australia (ABN Newswire) – Altech Batteries Ltd (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) announced that binding conditional funding approval in the amount of 46.11 million Euro has now been granted for the CERENERGY(R) Sodium-Chloride Solid-State battery project in Saxony, Germany. The grant approval materially derisks project funding and supports progression toward construction of the planned 120 MWh CERENERGY(R) battery manufacturing facility in Saxony, Germany.

Highlights

– Altech Batteries GmbH’s CERENERGY(R) battery project has received conditional binding funding approval under Germany’s federal ‘STARK’ economic development program.

– The approval relates to a grant covering approximately 30% of eligible project CAPEX, with funding of up to EUR46.11M.

– The funding commitment is conditional on achieving full project financial close by 30 June 2026 and parliamentary approval of funds under Germany’s 2026 Federal Budget.

Conditional Binding Funding Commitment

The funding is being provided as part of the federal STARK program, which is supported by the Federal Ministry for Economic Affairs and Energy in cooperation with the EU. The aim of this program is to lead regions undergoing structural change into an ecologically, economically and socially sustainable future.

With the approval of the funding, the project has successfully completed the second and decisive stage of the approval process. The funding covers approximately 30% of the eligible investment costs and represents a significant milestone for the construction of the planned 120 MWh CERENERGY(R) battery factory in Germany.

This decision underscores the importance of the innovative CERENERGY(R) technology, which is being developed in collaboration with the Fraunhofer Society. The Sodium-Chloride Solid-State battery offers a safe, sustainable and strategically independent alternative to lithium-ion batteries and is expected to play an important role in future stationary energy storage solutions – especially for the European market.

Mr Daniel Raihani, Managing Director & Chief Executive Officer, commented ‘Securing conditional binding funding approval of up to EUR46.11 million under Germany’s STARK program is a major milestone for the CERENERGY(R) project. The support reflects the strategic importance of establishing advanced, nonlithium energy storage manufacturing capability in Europe and recognises the technical progress achieved to date in collaboration with Fraunhofer IKTS.

‘Importantly, the grant materially de-risks the project’s capital structure by covering approximately 30% of eligible investment costs and provides a strong foundation as we progress toward full project financing and construction of the planned 120 MWh production facility in Saxony, Germany.

‘We remain focused on completing financial close by mid-2026 and advancing the CERENERGY(R) technology toward commercial deployment to support long-duration, safe and sustainable stationary energy storage solutions for the European market’.

As is customary for projects of this size, the funding commitment is subject to final financial close of the CERENERGY(R) battery project by June 2026 and budgetary approval of the funds in the 2026 federal budget.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/918BT5H8

About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

Source:
Altech Batteries Ltd

Contact:
Daniel Raihani
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com