GTI Energy (GTR:AU) has announced Scoping Study Demonstrates Low Cost Potential (Replacement)
Download the PDF here.
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New Zealand legislators voted Thursday to enact record suspensions from Parliament for three lawmakers who performed a Māori haka to protest a proposed law.
Hana-Rāwhiti Maipi-Clarke received a seven-day ban and the leaders of her political party, Debbie Ngarewa-Packer and Rawiri Waititi, were barred for 21 days. Three days had been the longest ban for a lawmaker from New Zealand’s Parliament before.
The lawmakers from Te Pāti Māori, the Māori Party, performed the haka, a chanting dance of challenge, last November to oppose a widely unpopular bill, now defeated, that they said would reverse Indigenous rights.
But the protest drew global headlines and provoked months of fraught debate among lawmakers about what the consequences for the lawmakers’ actions should be and whether New Zealand’s Parliament welcomed or valued Māori culture — or felt threatened by it.
A committee of the lawmakers’ peers in April recommended the lengthy punishments in a report that said the lawmakers were not being punished for the haka itself, but for striding across the floor of the debating chamber towards their opponents while they did it. Maipi-Clarke Thursday rejected that, citing other instances where legislators have left their seats and approached their opponents without sanction.
It was expected that the suspensions would be approved, because government parties have more seats in Parliament than the opposition and had the necessary votes to affirm them. But the punishment was so severe that Parliament Speaker Gerry Brownlee in April ordered a free-ranging debate among lawmakers and urged them to attempt to reach a consensus on what repercussions were appropriate.
No such accord was reached Thursday. During hours of at times emotional speeches, government lawmakers rejected opposition proposals for lighter sanctions.
There were suggestions that opposition lawmakers might extend the debate for days or even longer through filibuster-style speeches, but with the outcome already certain and no one’s mind changed, all lawmakers agreed that the debate should end.
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The number of newborns in Japan is decreasing faster than projected, with the number of annual births falling to another record low last year, according to government data released Wednesday.
The health ministry said 686,061 babies were born in Japan in 2024, a drop of 5.7% on the previous year and the first time the number of newborns fell below 700,000 since records began in 1899. It’s the 16th straight year of decline.
It’s about one-quarter of the peak of 2.7 million births in 1949 during the postwar baby boom.
The data in a country of rapidly aging and shrinking population adds to concern about the sustainability of the economy and national security at a time it seeks to increase defense spending.
Prime Minister Shigeru Ishiba has described the situation as “a silent emergency” and has promised to promote more flexible working environment and other measures that would help married couples to balance work and parenting, especially in rural areas where family values tend to be more conservative and harder on women.
Japan is one of a number of east Asian countries grappling with falling birth rates and an aging population. South Korea and China have fought for years to encourage families to have more children. Also on Wednesday, Vietnam scrapped decades-old laws limiting families to two children in an effort to stem falling birth rates.
The health ministry’s latest data showed that Japan’s fertility rate – the average number of babies a woman is expected to have in her lifetime – also fell to a new low of 1.15 in 2024, from 1.2 a year earlier. The number of marriages was slightly up, to 485,063 couples, but the downtrend since the 1970s remains unchanged.
Experts say the government’s measures have not addressed a growing number of young people reluctant to marry, largely focusing on already married couples.
The younger generation are increasingly reluctant to marry or have children due to bleak job prospects, a high cost of living and a gender-biased corporate culture that adds extra burdens for women and working mothers, experts say.
A growing number of women also cite pressure to take their husband’s surname as a reason for their reluctance to marry. Under Japanese law, couples must choose a single surname to marry.
Japan’s population of about 124 million people is projected to fall to 87 million by 2070, with 40% of the population over 65.
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A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week.
The blitz, led by Illinois’ Cook County regional organized crime task force, involved more than 100 jurisdictions and over 30 retailers including Home Depot, Macy’s, Target, Ulta Beauty, Walgreens, Kroger and Meijer.
“When you give specific focus to a crime, it reverberates,” Cook County Sheriff Tom Dart told CNBC. “When they see it is being prosecuted and taken seriously, it deters conduct. They don’t want to get caught.”
Organized retail crime — a type of shoplifting where groups of thieves work together in targeted operations to turn stolen goods into cash — has grown in scale and scope in recent years. CNBC previously reported on the extensive law enforcement efforts to take down retail crime organizations.
While aggregate numbers for retail theft are difficult to quantify, retailers reported 93% more shoplifting incidents on average in 2023 compared with 2019, according to a survey conducted by the National Retail Federation. Those surveyed also reported a 90% increase in the associated dollar losses over that same time period.
Some critics point to a lack of enforcement and felony thresholds for allowing criminals to continue committing theft. It’s something Cook County State’s Attorney Eileen O’Neill Burke has been focused on since taking office in December.
On her first day in office, O’Neill Burke said prosecutors would pursue felony retail theft charges in accordance with state law, when the value of the goods exceeds $300 or when the suspect already has a felony shoplifting conviction.
Before her taking office, retail theft felonies were charged only if the value of the stolen goods was $1,000 or more or if the suspect had 10 or more prior convictions.
Since Dec. 1, the Cook County State’s Attorney’s Office has filed charges in 1,450 felony retail theft cases, the office said.
The goals of the coordinated operation, O’Neill Burke told CNBC, is “to have one day where we focus and concentrate on [retail theft] and we share intelligence about it — about what we learned about the network, so that gives us more tools on how to take this network down.”
It was the coordination between law enforcement and prosecuting attorneys that got a number of the involved retailers to participate in the blitz.
“Collaboration is key to making a meaningful impact,” Ulta Beauty Senior Vice President of Loss Prevention Dan Petrousek told CNBC. “That’s why we were proud to participate in the National ORC Blitz alongside dedicated law enforcement and prosecutorial partners.”
Ulta Beauty had teams participating across nine states in last week’s operation, providing law enforcement with information on incidents of retail crime.
“Organized retail crime remains one of the most significant challenges in our industry,” said Marty Maloney, Walgreens director of media relations. “In this most recent operation we worked closely with law enforcement partners across nearly 20 cities and at over 40 locations to help curb this trend.”
A representative for Home Depot told CNBC that while overall theft is down, investigated incidents of organized retail crime are still up double digits year over year.
Now that the operation has concluded, the group is pulling together each jurisdictions’ observations and sharing data to continue to help crack down on retail theft.
Other participating retailers reached for comment by CNBC, including Macy’s, T.J. Maxx and Target, said they’re committed to partnering with law enforcement and pushing for stronger laws to combat retail crime.
California Highway Patrol arrests retail crime suspect in Long Beach, CA.Courtesy: California Highway Patrol.
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OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported in February.
The San Francisco-based startup rocketed into the mainstream in late 2022 with its consumer-facing artificial intelligence chatbot ChatGPT, and began launching workplace-specific versions of the product the following year.
The 3 million users include ChatGPT Enterprise, ChatGPT Team and ChatGPT Edu customers, OpenAI said.
“There’s this really tight interconnect between the growth of ChatGPT as a consumer tool and its adoption in the enterprise and in businesses,” OpenAI’s chief operating officer Brad Lightcap told CNBC in an interview. The company supported 400 million weekly active users as of February.
OpenAI expects revenue of $12.7 billion this year, a source confirmed to CNBC. In September of last year, the company expected to see an annual loss of $5 billion on $3.7 billion in revenue, according to a person close to the company who asked not to be named because the financials are confidential.
Lightcap said OpenAI is seeing its business tools adopted across industries, including highly regulated sectors like financial services and health care. Companies including Lowe’s, Morgan Stanley and Uber are users, OpenAI said.
The company also announced new updates to its business offerings on Wednesday.
ChatGPT Team and ChatGPT Enterprise users can now access “connectors,” which will allow workers to pull data from third-party tools like Google Drive, Dropbox, SharePoint, Box and OneDrive without leaving ChatGPT. Additional deep research connectors are available in beta.
OpenAI launched another capability called “record mode” in ChatGPT, which allows users to record and transcribe their meetings. It’s initially available with audio only.
Record mode can assist with follow up after a meeting and integrates with internal information like documents and files, the company said. Users can also turn their recordings into documents through the company’s Canvas tool.
Lightcap said enterprise customers have been asking for updates like these, and that they will help make OpenAI’s workplace offerings more useful.
“It’s got to be able to do tasks for you, and to do that, it’s got to really have knowledge of everything going on around you and your work,” Lightcap said. “It can’t be the intern locked in a closet. It’s got to be able to see what you see.”
OpenAI said it has been signing up nine enterprises a week, and Lightcap said the company will try to sustain that pace over time.
“People are starting to really figure out that this is a part of the modern tool stack in the knowledge economy that we live in,” he said.
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In this video, Dave shares his weekly stock scan strategy used to identify bullish stock trends. He illustrates how to set up this powerful scan, reveals the tips and tricks he uses to identify the most constructive patterns, and explains the four winning chart setups that tend to come up week after week.
Whether you’re a beginner or seasoned trader, this guide will enhance your charting process and help you uncover winning trade setups using technical analysis.
This video originally premiered on June 3, 2025. Watch on StockCharts’ dedicated David Keller page!
Previously recorded videos from Dave are available at this link.
In this market update, Frank breaks down recent developments across the S&P 500, crypto markets, commodities, and international ETFs. He analyzes bullish and bearish chart patterns, identifies key RSI signals, and demonstrates how “Go No Go Charts” can support your technical analysis. You’ll also hear updates on Ethereum, Bitcoin, the Spain ETF, silver miners, USO (oil), and sector ETFs like XLP and XLV.
This video originally premiered on June 3, 2025.
You can view previously recorded videos from Frank and other industry experts at this link.
Here’s a quick recap of the crypto landscape for Monday (June 2) as of 9:00 p.m. UTC.
Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin and Ethereum price update
Bitcoin (BTC) was priced at US$104,369 as markets wrapped, down 0.7 percent in 24 hours. The day’s range for the cryptocurrency brought a low of US$103,984 and a high of US$104,589.
Bitcoin performance, June 2, 2025.
Chart via TradingView.
After hitting nearly US$103,100 on May 31, Bitcoin held above US$104,500 to close its weekly candle.
The cryptocurrency traded around US$104,000 on Monday as uncertainty continued to plague centralized and decentralized markets in the final month of the second quarter.
Crypto analyst Daan Crypto Trades identified the mid-range level around US$99,600 and a resistance area near US$108,000 as key zones to watch for potential reversal signals during the first week of June. He emphasized that early June moves may be ‘fakeouts,’ with the real trend emerging afterward.
Ethereum (ETH) finished the trading day at US$2,533.47, a 0.4 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$2,494.99 and saw a daily high of US$2,555.62.
Altcoin price update
- Solana (SOL) closed at US$152.44, down 2.1 percent over 24 hours. SOL experienced a low of US$152.34 in the final minutes of trading and reached a high of US$154.27.
- XRP is trading at US$2.16, reflecting a 0.1 percent decrease over 24 hours. The cryptocurrency reached a daily low of US$2.14 and a high of US$2.17.
- Sui (SUI) peaked at US$3.28, showing a decreaseof 0.2 percent over the past 24 hours. Its lowest valuation on Monday was US$3.25, and its highest was US$3.32.
- Cardano (ADA) is trading at US$0.6724, down 0.8 percent over the past 24 hours. Its lowest price of the day was US$0.6708, and it reached a high of US$0.6776.
Today’s crypto news to know
Circle aims for US$7.2 billion valuation in expanded US IPO
Stablecoin issuer Circle is aiming for a US$7.2 billion valuation in its upsized initial public offering (IPO), signaling strong investor interest amid a friendlier US regulatory environment under President Donald Trump.
The company and its backers now hope to raise up to US$896 million by offering 32 million shares.
Circle’s USDC, the world’s second largest stablecoin, is expected to benefit from pending legislation that could drive more institutional adoption. The firm reported a 55 percent jump in reserve income for Q1, reaching nearly US$558 million, though this was offset by a 68 percent surge in distribution and transaction costs.
Circle’s primary distribution partner is Coinbase Global (NASDAQ:COIN), with others contributing to global reach. The IPO is being led by JP Morgan Chase (NYSE:JPM), Citigroup (NYSE:C) and Goldman Sachs (NYSE:GS).
Circle will trade under the ticker symbol ‘CRCL’ on the NYSE later this week.
BitoPro possibly hacked for US$11 million, exchange silent
Taiwan’s BitoPro exchange may have suffered a major breach on May 8, according to blockchain investigator ZachXBT, with over US$11.5 million in crypto drained from its hot wallets.
The attackers allegedly compromised wallets across Ethereum, Solana, Tron and Polygon, then funneled the assets through mixers like Tornado Cash and Wasabi Wallet to cover their tracks.
BitoPro has yet to publicly acknowledge the breach, instead citing routine “system maintenance” as the reason for service disruptions last month. The exchange remains quiet on its official channels despite mounting evidence of a hack.
BitoPro, operated by BitoGroup, has served Taiwan’s crypto market since 2018, and continues to process over US$20 million in daily volume.
Lubin credits Saylor for inspiring Ethereum treasury push
Ethereum co-founder Joe Lubin says a conversation with Bitcoin bull Michael Saylor prompted him to explore the creation of a treasury firm focused on Ether, according to Bloomberg.
Inspired by Saylor’s success turning Strategy (NASDAQ:MSTR) into a leveraged Bitcoin proxy, Lubin launched a new initiative through SharpLink Gaming (NASDAQ:SBET), raising US$425 million to buy Ether.
Lubin, who is now chair of SharpLink, expects to raise even more capital through share offerings and bonds — mirroring Saylor’s approach, but with a focus on Ethereum.
Following the announcement, SharpLink’s share price soared over 1,000 percent in just a few days. Lubin believes this will spark a wave of similar Ether-focused strategies and drive institutional demand.
While Bitcoin has enjoyed a clearer investment narrative as “digital gold,” Lubin argues Ether’s broader utility is underappreciated and ripe for a narrative shift.
Saylor’s Strategy boosts Bitcoin holdings by 705 BTC
Strategy acquired another 705 BTC for US$75.1 million between May 26 and May 30.
The latest purchases were made at an average price of US$106,495 per coin, and followed the sale of 3,750 Class A shares between May 22 and 29 by Strategy director Jarrod Patten, worth nearly US$1.4 million.
According to Strategy’s data, the latest purchase brought its year-to-date BTC yield to 16.9 percent. The company’s quarter-to-date BTC yield is now 5.4 percent. Strategy is looking to reach a BTC yield target of 25 percent year-to-date by the end of 2025. The company previously targeted a 15 percent yield, but increased it on May 1.
Strategy now holds 581,000 BTC, or 2.9 percent of all Bitcoin that have been mined to date.
Metaplanet buys more Bitcoin, holdings top US$930 million
Japan’s Metaplanet (TSE:3350,OTCQX:MTPLF) has acquired another 1,088 BTC, pushing its total Bitcoin stash past 8,888 coins — now worth over US$930 million. The latest purchase cost the firm US$117.5 million, bringing its average BTC acquisition price to just over US$108,000 per coin. Since adopting its Bitcoin treasury policy in April 2024, Metaplanet has rapidly climbed the ranks of corporate BTC holders and is now the largest in Asia.
The company recently raised US$50 million through zero-interest bonds to finance its latest round of acquisitions without issuing new stock. Year-to-date, Metaplanet reports a 66 percent return on its BTC holdings, and it has added over 7,000 coins in 2025 alone. The firm is targeting a total of 10,000 BTC by year end.
Tether enhances gold-backed token
Tether’s gold-backed token, Tether Gold (XAU₮), has been enhanced with an omnichain version, XAU₮0.
It is now available on the Open Network (TON) blockchain. This move enables the trading of digital gold and deepens the collaboration between Tether and TON. XAU₮, Tether’s original gold token, is available as an ERC-20 token on Ethereum and a TRC-20 token on TRON. The new version leverages LayerZero’s OFT standard to facilitate native movement across multiple blockchains without wrapping or redeploying new tokens on each chain.
According to Tether’s Q1 attestation report, it has over 7.7 metric tons of physical gold backing the XAUT stablecoin.
MAS orders crypto firms to halt overseas services
The Monetary Authority of Singapore (MAS), the country’s central bank, has ordered local crypto service providers to stop offering digital token services to overseas markets by June 30.
The directive came in response to industry feedback on a proposed regulatory framework for Digital Token Service Providers (DTSPs) under the Financial Services and Markets Act (FSM Act), passed in April 2022.
The act requires DTSPs with overseas operations to comply with anti-money laundering and counter-terrorist financing standards, even if they do not offer services within Singapore.
“DTSPs which are subject to a licensing requirement under section 137 of the FSM Act must suspend or cease carrying on a business of providing DT services outside Singapore by 30 June 2025,” MAS wrote.
MAS states that any Singapore-incorporated company, individual or partnership that provides DT services outside Singapore must either cease operations or obtain a license when the DTSP provisions come into force.
Companies found violating the laws will be subject to hefty fines of up to 250,000 Singaporean dollars (US$200,000) and imprisonment of up to three years. Firms licensed or exempted under the Securities and Futures Act, Financial Advisors Act or Payment Services Act may continue to operate without conflicting with the new rules.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company focused on critical mineral discovery, is pleased to announce the appointment of Paul McGuigan, P. Geo., as its Qualified Person on the exploration and development of the Radar Ti-V-Fe Property (the ‘ Project ‘) in Labrador. Mr. McGuigan will advise on standards of practice for QAQC, structural mapping, drilling and deposit modelling.
Mr. McGuigan, a Professional Geoscientist, has 50 years of international experience in economic geology and mineral exploration management, spanning grassroots exploration to feasibility studies and mining operations. Early in his career, he was employed by IBM, the Geological Survey of Canada, Imperial Oil, Pechiney Ugine Kuhlmann, Esso Minerals Canada and Westmin Resources.
For the last 37 years, McGuigan has led Cambria Geological Inc., which has operated in North and South America, West Africa, the Middle East, the SW Pacific, and Europe. Clients have included private and publicly-listed companies, First Nations groups, and governments. He has been responsible for multiple feasibility-level projects involving due diligence standards, data validation, project management, mine rehabilitation, deposit modelling, and QAQC.
In decades of public service, McGuigan was a member of the Consulting Practice and Geoscience Committees of the Engineers and Geoscientists of BC, an executive/director of the BC Neurological Centre, and president/director of the BC Centre for Ability Foundation.
McGuigan’s geological expertise includes Fe-Ti-V-P in layered mafic intrusions, iron oxide-copper-gold (IOCG), volcanogenic massive sulphide, porphyry Cu-Mo-Au, epithermal and orogenic gold, and diamond deposits.
Regarding the Radar V-Ti-Fe project, McGuigan has served in several relevant roles on similar projects. In his early career, he researched gravity and magnetic separations, which led to novel heavy mineral sampling methods. For Esso Minerals, he supervised the structural mapping and mineral resource estimation of a complexly deformed, copper-bearing massive magnetite deposit, significantly improving the head grade and supporting the re-opening of the 8,000 tpd underground Granduc Mine in BC.
Later, McGuigan co-founded a commercial laboratory with Acme Analytical (now part of the Bureau Veritas group), conducting mineral separations and identifying and testing indicator minerals.
For a private Latin American group of companies, McGuigan served as the Qualified Person for testing V-Ti-Fe in Proterozoic layered mafic intrusions, including drilling, bulk sampling, pilot mill construction, and the construction of an on-site laboratory for mineral separations, XRF analysis, and QAQC. For that same client, McGuigan supervised the definition drilling and resource estimation of a heavy mineral sands deposit, with significant Ti-Fe in titanomagnetite.
In Canada, McGuigan has served as the Qualified Person and reviewed numerous Superior and Grenville Province V-T-Fe (P) deposits in layered mafic intrusions. In certain projects, he secured government grants for metallurgical and critical mineral technology.
Figure 1: Radar Property map, depicting aeromagnetic anomalies, oxide layering and the site of the 2025 drill program. The Property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is shown. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs.
Radar Ti-V-Fe Project Overview:
The Company’s 100%-owned Radar Property is located 10 km from the coastal city of Cartwright, Labrador, benefiting from tremendous infrastructure, including road access, deep-water port, airstrip and nearby hydro-electric power. The Radar Property comprises 24,175-hectares and entirely encloses the Dykes River intrusive complex mapped at 160km 2 on surface.
The Dykes River intrusive complex is a recently recognized Mesoproterozoic layered mafic intrusion (Gower, 2017). It has gained attention due geological similarities to large AMCG-type intrusions and a very extensive titanium–vanadium–iron (Ti-V-Fe) rich layer.
Radar Ti-V-Fe Project 2025 Winter Drill Program Highlights:
- Analytical results have now been received on all 7 diamond drill holes from the 2025 winter program.
- Combined with petrographic analysis, these new assays further confirm that the primary economic mineral is vanadiferous titanomagnetite—favorable for simplified metallurgical processing.
- Titanomagnetite-rich zones average between 20% and 40% titanomagnetite, with localized massive layers exceeding 60%.
- Drilling has confirmed the presence of oxide layering and associated magnetic anomalies to vertical depths of up to 300 meters.
- Current drilling has tested just 1/40th of the identified 20 km strike extent of the oxide layering zone within the Dykes River Intrusion (refer to Figure 1 for map view) .
Marketing Services Agreement with Maximus Strategic Consulting Inc.
The Company also announces that it has entered into an online marketing agreement with Maximus Strategic Consulting Inc. (‘ Maximus ‘). Pinnacle Digest and PinnacleDigest.com are business names of Maximus. Maximus has agreed to produce and distribute, through the email newsletter and YouTube channel of PinnacleDigest.com, a video highlighting the Company and its projects. Additionally, all the Company’s news releases during the term of the online marketing agreement will be featured in Pinnacle Digest’s weekly email newsletter.
The Company’s engagement of Maximus will run for a period of four months beginning on June 1, 2025, and the Company will pay Maximus a fee of C$150,000 (plus GST) paid in two instalments. Maximus’ business address is 300 – 1550 5 St. SW Calgary, Alberta. T2R 1K3, email address is support@pinnacledigest.com . Maximus currently owns 300,000 common shares in the capital of the Company and 300,000 common share purchase warrants, each exercisable to acquire one common share at an exercise price of $0.50 per common share until May 23, 2027.
Qualified Person
Paul J. McGuigan, P. Geo. is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information related to the Radar Ti-V-Fe Project disclosed in this news release.
About Saga Metals Corp.
Saga Metals Corp. is a North American mining company focused on the exploration and discovery of critical minerals that support the global transition to green energy. The Company’s flagship asset, the Double Mer Uranium Project, is located in Labrador, Canada, covering 25,600 hectares. This project features uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U 3 O 8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).
In addition to its uranium focus, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Lithium.
SAGA also holds additional exploration assets in Labrador, where the company is focused on discovering titanium, vanadium, and iron ore. With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.
On Behalf of the Board of Directors
Mike Stier, Chief Executive Officer
For more information, contact:
Saga Metals Corp.
Investor Relations
Tel: +1 (778) 930-1321
Email: info@sagametals.com
www.sagametals.com
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 this release.
Cautionary Disclaimer
This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the exploration of the Company’s Radar Project. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, risks and uncertainties involved in the mineral exploration and development industry, and the risks detailed in the Company’s continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.
News Provided by GlobeNewswire via QuoteMedia
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One of the suspected masterminds behind a string of violent kidnappings in France of people linked to the cryptocurrency trade was detained Tuesday in Morocco, France’s justice minister said.
Badiss Mohamed Amide Bajjou, a 24-year-old French-Moroccan citizen from just outside Paris, was wanted by France for several crimes, including armed extortion and kidnapping as part of a criminal gang, according to the “red notice” for him published by Interpol and Moroccan state media.
French Justice Minister Gerald Darmanin thanked Morocco on X for detaining the man, citing the “excellent judicial cooperation” between the two countries.
Bajjou had “multiple bladed weapons of different sizes” in his possession when he was taken into custody, as well as “dozens of mobile phones and communication devices” and a sum of money allegedly related to criminal activities, Moroccan state media reported.
In January, David Balland, cofounder of a crypto wallet company, and his partner, were kidnapped in central France with their attackers cutting off one of Balland’s fingers as part of a 10-million euro ($11,430,000) ransom demand. The couple were later freed by elite French policemen, according to BFMTV.
Bajjou is also suspected of involvement in the May kidnapping of another man working in the crypto industry, who also had one of his fingers cut off before his release, per BFMTV.
Later that month, the daughter of the CEO of French cryptocurrency platform Paymium was saved by passers-by from a daylight kidnapping attempt in Paris, with Bajjou suspected to have been involved, BFMTV reported.
On May 30, 25 people aged between 16 and 23 were put under official investigation in Paris, suspected of involvement in a kidnapping in May in Paris and an attempted kidnapping in the western French city of Nantes.
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