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Blue Sky Uranium Expands Drill Plan to Advance the Ivana Uranium-Vanadium Project

Investing 7 Mins Read

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), (‘Blue Sky’ or the ‘Company’) is pleased to announce an update to the 2025 drill program to advance the Ivana Uranium-Vanadium deposit towards feasibility. The drill program is being planned and executed by Blue Sky’s joint-venture operating company Ivana Minerales S.A., (‘ JVCO ‘, a partnership with Abatare Spain, S.L.U.).

The updated programs have led to a doubling of the original budget to US$6.0M , beyond the minimum annual commitment of US$3M for the first year stipulated in the joint-venture agreement. The new estimate includes US$4.4M for the infill drilling program and US$1.6M for a subsequent exploration drilling program.

Nikolaos Cacos , President & CEO of the Company stated, ‘It is clear that JVCO has decided to move forward with an aggressive work plan aimed at achieving technical and economic feasibility in the shortest possible time. This supports the near-term goal for Ivana: building a strong asset for our shareholders that offers Argentina a potential domestic uranium supply for its nuclear energy generation.’

As previously reported, the next program is expected to include up to 6,000 metres of reverse circulation (‘ RC ‘) drilling. The program has been refined to include approximately 330 drill holes with an estimated average depth of 18 metres as shown in Figure 1 . This will include infill drilling to support the reclassification of some inferred mineral resources to indicated mineral resources and to improve the geological modeling to allow the design of the deposit to be adjusted for mining. A second phase RC drill program of up to 2,500 metres now been planned to follow the infill program. This program will test at least two new high-potential exploration targets surrounding Ivana.

Drilling proposals are currently being evaluated, and the JVCO team is prioritizing the availability of equipment and the possibility of having two rigs drilling simultaneously to accelerate the work plan.

The Company expects the drill program to begin this fiscal quarter once the final technical, legal and community requirements have been completed.

In addition to planning the drill program, the JVCO technical team is continuing its process of evaluating engineering companies capable of advancing the other technical and economic aspects of the project toward feasibility. In adherence to the principles of both joint-venture participants, the winning bid will offer the highest standards of modern and sustainable mining, extensive local experience, the ability and assurance of meeting the proposed goals within the required timeline and a commitment to an appropriate budget.

Qualified Persons

The technical contents of this news release have been reviewed and approved by Mr. Ariel Testi , CPG, who works for the Company and is a Qualified Person as defined in National Instrument 43-101.

About Ivana Minerales S.A.

Ivana Minerales S.A. is the operating company for the joint-venture between Blue Sky and its partner Abatare Spain, S.L.U. (‘ COAM ‘) to advance the Ivana Uranium-Vanadium deposit in Rio Negro Province of Argentina . The activities of JVCO are subject to the earn-in transaction (the ‘ Agreement ‘) in which COAM will fund cumulative expenditures of US$35 million to acquire a 49.9% indirect equity interest in the Ivana deposit, and then has the further right to earn up to an 80% equity interest in JVCO by completion of a feasibility study and funding the costs and expenditures up to US$160,000,000 to develop and construct the project to commercial production, subject to the terms and conditions in the Agreement. For additional details, please refer to the News Release dated February 27, 2025 , as well as the Company’s latest Financial Statements & MD&A available at blueskyuranium.com .

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina . The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of surficial uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky has the exclusive right to properties in two provinces in Argentina . The Company’s Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. Blue Sky is advancing its flagship Ivana Uranium-Vanadium Deposit through a joint venture with subsidiaries of Corporación América Group. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

‘Nikolaos Cacos’
_____________________________________
Nikolaos Cacos , President, CEO and Director

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

This news release may contain forward-looking statements and forward-looking information (collectively, the ‘forward-looking statements’) within the meaning of applicable securities laws. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward-looking statements that, other than statements of historical fact, address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company’s planned drilling campaign at the Ivana deposit and the timing thereof and the prospective nature of the ‘Bajo Huenteleo’ target area. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: uncertainty relating to mineral resources; risks related to heavy metal and transition metal price fluctuations, particularly uranium and vanadium; ri   sks relating to the dependence of the Company on key management personnel and outside parties;   the potential impact of global pandemics; risks and uncertainties related to governmental regulation and the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations, including in respect of the Company’s planned drilling program described in this news release. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company’s public disclosure documents for a more detailed discussion of factors that may impact expected future results. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

View original content to download multimedia: https://www.prnewswire.com/news-releases/blue-sky-uranium-expands-drill-plan-to-advance-the-ivana-uranium-vanadium-project-302454695.html

SOURCE Blue Sky Uranium Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2025/14/c4892.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

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Editor's pick

Daughter of crypto boss escapes Paris kidnap attempt in latest in series of attacks

Editor's pick 3 Mins Read

Armed assailants tried to kidnap the daughter and grandson of a French cryptocurrency boss in Paris, police said, in a brazen daytime attack that was caught on camera.

Tuesday morning’s attack in Paris’s 11th district is the latest in a string of violent incidents targeting figures in France’s burgeoning crypto industry.

Four masked men attacked the daughter, her partner and their child in the French capital, police sources told French news agency Agence France-Presse (AFP).

Video footage shows three masked men jump out of a white van with branding from the Chronopost delivery company. The woman and her partner fight the attackers and loud screams for help are heard. Speaking to BFMTV, one witness said the assailants tried to “pull a young woman by force” into the waiting vehicle.

The woman can be seen grabbing a gun off one of the masked men and throwing it into the street. The weapon, which was later recovered from the scene, turned out to be a fake, sources told BFMTV.

The screams attract the attention of passersby, who intervene, one of them armed with a fire extinguisher.

“I saw passersby saying to stop. A man went out into the street with a fire extinguisher to try to make these people leave,” a witness told French broadcaster BFMTV.

Eventually the assailants give up, the three men jump back into their van and the fourth suspect – the driver – makes a getaway.

Another woman who witnessed the scene told BFMTV, “I went out into the street and saw this man lying on the ground with a pistol next to him, quite bloody.”

Once the attack was over, the victims were helped by people on the street. All three of them sustained light injuries and were treated in hospital, BFMTV reported. The woman, who according to the news outlet was five months pregnant, was treated for shock, while her partner’s face was covered in blood.

The woman in the footage is the daughter of the CEO and co-founder of Paymium, a French cryptocurrency exchange platform, according to AFP.

Chronopost said that it did not believe the van involved in the attempted kidnapping was from its company, but rather an attempt to mimic its branding. “Noting the absence of vehicle theft within our company fleet and given the non-compliant markings visible on the images of the vehicle used, everything suggests at this stage that we are dealing with an impersonation of our brand,” the company wrote on X.

The attack on Tuesday follows the abductions of other cryptocurrency figures in France.

In January, David Balland, a co-founder of French crypto firm Ledger, had his hand mutilated after he and his wife were kidnapped from their home in central France. They were freed after a police operation. Part of the ransom demanded by the kidnappers was paid, Reuters reported.

France’s Interior Minister, Bruno Retailleau, announced Wednesday he would hold a meeting with cryptocurrency entrepreneurs to discuss security in light of the spate of attacks, according to AFP.

This post appeared first on cnn.com

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Where the Market Goes Next: Key Resistance Levels + Top Bullish Stocks to Watch Now

Stock 1 Min Read

Want to know where the stock market is headed next? In this week’s market update, Mary Ellen McGonagle analyzes key resistance levels and reveals what’s fueling the current uptrend. She highlights top bullish setups among U.S. leadership stocks, plus global names showing strength.

This video originally premiered May 9, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

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Week Ahead: NIFTY Stays In Technically Challanging Environment; Price Action Against These Levels Crucial

Stock 4 Mins Read

Amid ever-increasing uncertainties on the global front and similarly rising geopolitical tensions between India and Pakistan, the Indian equity markets demonstrated strong resilience. They consolidated before ending the week on just a modestly negative note. The trading range remained modest; the Nifty oscillated in a 590-point range. While the markets defended their key support levels, the volatility surged. The volatility barometer, the India Vix, spiked 18.49% to 21.63 on a weekly basis.. The headline index finally closed with a net weekly loss of 338.70 points (-1.39%).

A few important things to note from a technical perspective. The 200-DMA is at 24044; the 50-week MA is at 23983. This makes the zone of 23950-24050 a very important support zone for the Nifty. So long as the Index is able to defend this zone, it will continue consolidating in a defined range. Incremental weakness would creep in only if the 23900 level is violated decisively. On the higher side, as evident from the charts, the markets have continued to resist the rising trendline resistance. From now on, the Nift’s behavior vis-à-vis the zone of 23950-24050 would be crucially important to watch; the Index’s ability to defend or not defend this zone will dictate the trend over the coming weeks.

The levels of 24350 and 24600 are expected to act as probable resistance points in the coming week. The supports are at 23900 and 23630.

The weekly RSI is 54.36; it stays neutral and does not diverge against the price. The weekly MACD is bullish and stays above its signal line. A bearish engulfing candle has emerged. Its emergence near a pattern resistance adds credibility to the resistance placed near 24500-24600.

The pattern analysis of both daily and weekly charts shows that the Nifty has traded quite on the expected lines and within the analyzed range. It has continued resisting the rising trendline resistance near 24500-24600; it has so far defended the key that is created between the 200-DMA and the 50-week MA. The markets would weaken only if they violate the crucial 23900 level; so long as this point stays defended, we can expect the markets to consolidate in a defined range.

Based on the overall technical structure, it is likely that the markets will not see any immediate upward trend. While if the markets end up breaching the 23900 level remains to be seen, it is doubtful that they will initiate any sustainable trending upmove and move past the 24500 levels soon. The hedging activity and the cost of hedging have increased; this is evident from Vix, which has significantly risen over the past few days. While the Nifty has defended the key support levels so far, it remains in a technically challenging environment. It is strongly recommended that the market participants adopt a defensive approach by focusing on the low beta stocks and the stocks with improving relative strength. Staying low on leveraged positions, a continued cautious outlook is advised for the coming week.

Sector Analysis for the coming week

In our look at Relative Rotation Graphs®, we compared various sectors against the CNX500 (NIFTY 500 Index), representing over 95% of the free-float market cap of all the listed stocks. 

Relative Rotation Graphs (RRG) show that the Nifty PSE Index has rolled inside the leading quadrant. Infrastructure, Nifty Bank, PSU Bank, FMCG, Consumption, Commodities, and the Financial Services Indices are also inside the leading quadrant. These groups are likely to outperform the broader Nifty 500 Index relatively.

The Nifty Metal Index has rolled inside the weakening quadrant. This may cause the sector to slow down and give up on its relative performance. The Services Sector index also remains in this quadrant.

While the Nifty IT Index continues to languish in the lagging quadrant, the Auto and the Realty Indices are sharply improving their relative momentum against the broader markets while staying inside this quadrant.

The Nifty Midcap 100 index has rolled inside the improving quadrant; may see its relative performance bettering over the coming days. The Media and the Energy Indices are also inside this quadrant, and may continue seeing improvement in their relative performance against the broader markets.

Important Note: RRG charts show the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals.  

Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

www.EquityResearch.asia | www.ChartWizard.ae

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The Best Five Sectors, #18

Stock 3 Mins Read

Sector Shuffle: Same Players, New Positions

The past week brought an unusual shake-up in the RRG sector ranking model. While the composition of the top five sectors, and thus the bottom six, remained unchanged, every single position in the entire ranking shifted — a rare occurrence that sets the stage for what’s likely to be another interesting week ahead.

  1. (2) Utilities – (XLU)*
  2. (5) Communication Services – (XLC)*
  3. (1) Consumer Staples – (XLP)*
  4. (3) Financials – (XLF)*
  5. (4) Real-Estate – (XLRE)*
  6. (7) Industrials – (XLI)*
  7. (6) Healthcare – (XLV)*
  8. (9) Technology – (XLK)*
  9. (8) Materials – (XLB)*
  10. (11) Consumer Discretionary – (XLY)*
  11. (10) Energy – (XLE)*

Weekly RRG

On the weekly Relative Rotation Graph, we’re seeing some interesting movements:

  • Staples, Utilities, and Real Estate remain in the leading quadrant, but are losing some relative momentum.
  • Financials and Communication Services have moved into the weakening quadrant, but with high RS ratio values and room to potentially curl back up.

Daily RRG

Shifting to the daily RRG, the picture looks a bit different:

  • Communication Services stands alone in the leading quadrant, moving with a strong RRG heading.
  • Staples, Utilities, Real Estate, and Financials are all in the lagging quadrant. Importantly, though, they’re starting to curl back up.

This combination of weekly and daily RRG tails supports these sectors maintaining their top-five status despite some short-term weakness.

Utilities

It’s interesting to see Utilities, arguably the most defensive sector, take the top spot against a backdrop of strong overall markets. The price chart shows ongoing struggles with overhead resistance, but relative strength continues to rise, cementing Utilities as the current sector leader.

Communication Services

This sector made an impressive leap from 5th to 2nd place. Price action shows a strong rally, now holding well above the former support-turned-resistance level just below 95. Relative strength remains within its rising channel and, while the RRG lines are pushing through the weakening quadrant, there’s still room for a potential curl back up.

Consumer Staples

Staples remains range-bound between roughly 77.5 and 82.5. This sideways movement is reflected in both relative strength and RRG lines. The RS ratio is at its highest level in over two years — we’d have to go back to May/June 2020 to see similar strength for this sector.

Financials

The Financials sector is holding up well, though it’s approaching the former rising support line that could now act as resistance. Relative strength remains upward within its trend channel, keeping the RRG lines stable. The RS ratio remains near 103, positioning Financials on the right side of the RRG.

Real Estate

Real Estate saw a slight drop last week, stalling its recent rally. This impacts relative strength, with the raw RS line moving sideways and momentum rolling over. The RS ratio line’s rise is slowing as a result.

Portfolio Performance

Our model portfolio composition remains unchanged this week. We’re tracking about 3% behind the S&P 500 year-to-date, which is not unusual, looking at the backtest results. And it has not changed since last week. Evaluating this strategy over longer periods is crucial to determining its true potential.

I am planning to write a separate article diving a little deeper into this model and its historical results, showing periods of over- and underperformance and how it has managed to outperform the S&P 500 over extended timeframes.

#StayAlert. –Julius

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Navigating Earnings: Three Stocks, Three Different Stories

Stock 5 Mins Read

Earnings season continues, and this week we’re looking at three companies heading into their reports with different trajectories. One is in a long-term downtrend, one has been a steady riser, and one is somewhere in between. Let’s unpack what’s happening adn what to watch, all with an eye on balancing opportunity and risk, something that matters even more when you’re managing your own nest egg.

Under Armour (UAA): Looking for a Comeback

If you’ve held Under Armour for the long term, you would be better off hiding out literally under armor than trying to make money owning the stock. For traders, though, there may be a near-term opportunity to trade.

The stock’s all-time peak coincided with the peak of the Golden State Warriors and Steph Curry jacking up threes. Every kid in the gym tried to be like Steph, and young basketball players couldn’t get enough of his gear. I know because I coached these kids! Good luck getting them to practice lay-ups… it was just shooting bombs like Curry, but I digress.

Coming to earnings, UAA stock is trading just above all-time lows and is looking for a new catalyst to turn things around (see chart below). Let’s see if Kevin Plank can spark a comeback.

FIGURE 1. DAILY CHART OF UNDER ARMOUR STOCK.Technically, things have been messy over the long-term and intermediate term. But for short-term traders, there may be an opportunity. I’ve added the 20-day simple moving average (SMA) to the chart (green line). Over the past years, when the stock’s price moved above this point, it has led to a near-term rally. Sadly, those rallies have been short-lived. 

Maybe this time it will be different.

The $6.10-$6.20 range is a key level to watch. That’s where the 50-day SMA and the old pocket of longer-term support the stock broke below on April 2 meet. From a risk/reward perspective, use this as the line in the sand to be long or short Under Armour stock.

Any upward momentum that gets price to and above this level could lead to a bigger rally. It’s not a pretty picture, but risk/reward metrics for a short-term trade and potential near-term bottom look possible.

Walmart (WMT): A Bellwether for Tariffs and Spending

Walmart could be one of the most telling stocks when it comes to tariff impacts when they report on Thursday.

Last quarter, the company expressed caution regarding the upcoming fiscal year, cutting their EPS numbers short of analyst expectations. This conservative outlook was attributed to uncertainties surrounding consumer spending and the potential impact of tariffs. Investors will be listening closely to this report for strategies on managing tariff-related challenges, maintaining competitive pricing, and supply chain issues that may make stocking shelves more of a challenge.

Technically, shares gapped lower after the last earnings report and broke a long-term downtrend (see chart below). While price did wash out and successfully test its 200-day SMA, it hasn’t been able to make it all the way back.

FIGURE 2. DAILY CHART OF WALMART, INC. Walmart’s stock price appears to be toppy as it struggles to fill last quarter’s gap. The lack of new highs and a moving average convergence/divergence (MACD) that is extended and turning over lends to a more cautious narrative coming into this week’s numbers.

The trend is not the investor’s friend at the moment. It may be better to wait and see how this result goes and where price settles after the announcement. If you’re hoping the S&P 500 ($SPX) can get back to new highs, WMT needs to lead. Currently, the direction looks lower, but a test and hold of the 50-day SMA at the $91 level may be a better entry point as shares continue to consolidate below all-time highs and wait for more clarity on the tariff front.

Alibaba (BABA): A Wild Card

Alibaba faces a few big challenges as it heads into this week’s earnings. There are a couple of issues at play. 

First is the obvious tariff uncertainty that has clouded this market, although that looks to be heading down a path to certainty. The second is Alibaba’s AI investments. Its latest model, Qwen 2.5, is integrated into Apple’s iPhones sold in China. Seeing a push away from the American product, what impact will this have on BABA’s bottom line?

Let’s dive into the chart below.

FIGURE 3. DAILY CHART OF BABA. Technically, this stock has been all over the map. Trends change on a dime and tend to move quickly. To trade BABA, you should try to wait for bigger moves. This is why I’ve used Fibonacci retracement lines to coincide with larger consolidation areas and moving averages. 

As we head into the week, shares are in a bit of a no man’s land. There is minor support at the $118 area and major support at the 61.8% retracement level that coincides with the 200-day SMA around $102.

To the upside, resistance is up at the $143/$148 52-week high level. Amid trade deal negotiations, it may be better to watch the fundamental story unfold when trying to gauge BABA’s next move. The technicals are at a coin flip and appear to be turning lower. Given solid support levels, that is where it may be safer to add to or enter the stock. 

Final Thoughts

Earnings season isn’t just about catching the next hot stock. It’s about protecting what you’ve built while finding opportunities that fit your comfort with risk.

  • Under Armour could offer a short-term trade, but it’s speculative.
  • Walmart is a reliable bellwether, but its trend is uncertain.
  • Alibaba is full of potential, but comes with added complexity and volatility.

Always remember: there’s no need to chase every opportunity. Go after those that have a higher probability of meeting your investment goals.

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Investing

Robinhood, WonderFi Deal Marks Bold C$250 Million Bet on Canada’s Crypto Future

Investing 3 Mins Read

Just in time for Canada Crypto Week, Robinhood Markets (NASDAQ:HOOD) has announced a definitive agreement to acquire Canadian digital asset firm WonderFi Technologies (TSX:WNDR,OTCQB:WONDF) for approximately C$250 million (US$179 million) in an all-cash transaction.

The deal, which amounts to a 41percent premium over WonderFi’s Monday (May 12) closing price, is expected to be finalized in the second half of 2025, pending regulatory and shareholder approvals.

The acquisition marks a significant expansion of Robinhood’s international footprint. WonderFi operates two of Canada’s longest-standing regulated crypto platforms, Bitbuy and Coinsquare, managing over C$2.1 billion in assets.

The integration of these platforms will enhance Robinhood’s crypto offerings, aligning with its mission to democratize finance globally. WonderFi’s leadership and employees will join the Robinhood Crypto team, contributing their expertise in delivering a wide range of digital asset products to Canadian customers.

“Through a long and focused effort, WonderFi successfully built one of Canada’s largest registered Crypto-Trading platforms,” said Bobby Halpern, executive chairman of WonderFi. “This transaction is the culmination of those efforts and the launchpad for Robinhood to democratize finance across Canada. The arrangement provides WonderFi shareholders with all-cash consideration at an attractive premium to our recent trading levels.”

Robinhood, best known for its work “democratizing access to investing” in the US, has been expanding its global reach with a growing crypto footprint in Europe and now Canada. Backed by strong cash reserves, the company said in Tuesday’s (May 13) release that it will fully fund its acquisition of WonderFi using cash on hand.

The decision to acquire WonderFi builds upon Robinhood’s establishment of its Canadian headquarters in Toronto in 2024, a move that was aimed at leveraging the country’s deep pool of tech talent.

“WonderFi has built a formidable family of brands serving beginner and advanced crypto users alike, making them an ideal partner to accelerate Robinhood’s mission in Canada,’ said Johann Kerbrat, senior vice president and general manager of Robinhood Crypto, adding that Robinhood looks forward to working with WonderFi in Canada.

The deal is part of a broader trend of consolidation in the crypto industry, with major players like Coinbase Global (NASDAQ:COIN) and Ripple also making significant acquisitions in 2025.

Robinhood’s strategic expansion into Canada through WonderFi positions the company to better serve growing demand for accessible and regulated crypto trading platforms in the region.

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

This post appeared first on investingnews.com

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Microbial Mining? Endolith Makes Copper Recovery Breakthrough with Bioleaching Tech

Investing 3 Mins Read

Endolith has reported a major advance in copper extraction as it pushes the frontiers of microbial science.

In collaboration with BHP’s (ASX:BHP,NYSE:BHP,LSE:BHP) innovation arm, Think & Act Differently (TAD), and mining accelerator Unearthed, the critical minerals platform startup has successfully demonstrated that its proprietary microbes can significantly improve copper recoveries from low-grade sulfide ores.

Tested under simulated field conditions, Endolith’s bioleaching process outperformed conventional heap-leaching methods, unlocking potential in mineralized waste once considered too low-grade to process economically.

The breakthrough underscores the mining industry’s growing interest in biotech-driven solutions to recover critical minerals, reduce waste and enhance sustainability in the resource sector.

Endolith’s innovation couldn’t come at a more pivotal time. Copper is the backbone of the energy transition, vital for electric vehicles, renewable power grids, data centers and defense systems.

According to S&P Global, worldwide copper demand is on track to double by 2035, hitting 50 million metric tons per year — enough to build 600 million electric vehicles. But supply isn’t keeping up. Ore grades have dropped 40 percent since 1991, and 70 percent of known reserves are trapped in low-grade or hard-to-process deposits.

Enter Endolith. By using bioengineered microbes and a processing system optimized with artificial intelligence, it can extract copper from previously uneconomic ore, slashing both environmental impact and costs.

How Endolith’s process works

Endolith’s copper extraction system uses a three-phase biohydrometallurgical process tailored for low-grade ores. It begins with microbial diagnostics to map existing activity in heap leach systems.

Specialized microbes are then introduced via on-site biohatcheries to enhance copper recovery.

A cloud-based platform continuously monitors and adapts microbial performance, maximizing efficiency and yield while reducing environmental impact.

‘This demonstrates what’s possible when the world’s oldest miners (microbes) go to work on one of today’s biggest challenges,” Dr. Liz Dennett, CEO of Endolith, said in a press release. ‘Working with the support from the TAD program, we’ve proven a solution that unlocks Not for release vast copper resources in a scalable, low-impact manner, one that helps secure critical mineral supply chains for decades to come.”

The company’s copper test work focused on primary sulfide ores with less than 1 percent chalcopyrite and pyrite, materials it says are notoriously tough to process.

Endolith is also working to expand its proprietary processes to include lithium and rare earths recovery.

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

This post appeared first on investingnews.com

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China’s Mineral Export Ban Reinforces Electric Royalties’ Long-Term Strategic Focus on Projects Located in Safer Jurisdictions

Investing 6 Mins Read

Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) (‘Electric Royalties’ or the ‘Company’) notes that the recent export restrictions imposed by China on critical minerals have sparked the very global concerns regarding supply chain vulnerabilities that the Company anticipated since its founding in 2020, when it first prioritized creation or acquisition of royalties on projects in safer jurisdictions.

China is the world’s largest producer of germanium, gallium and antimony, which have niche but vital roles in clean energy, chip-making and defense1. Since 2023, Beijing has gradually added the minerals to its export controls list. In December 2024, it banned exports to the U.S. and announced further export controls for graphite2.

‘China’s decision to curb exports of these critical minerals underscores the urgency of reducing reliance on a single dominant supplier, no matter which particular mineral,’ said Brendan Yurik, CEO of Electric Royalties. ‘Recent measures by the U.S. government, including the White House’s executive order to expedite domestic critical mineral projects3, highlight the growing importance of North American mineral development.’

Mr. Yurik is referring to initiatives outlined in President Trump’s Executive Order 14272, titled ‘Ensuring National Security and Economic Resilience through Section 232 Actions on Processed Critical Minerals and Derivative Products’ that not only prioritize domestic mining and processing projects but also reinforce the strategic value of critical minerals essential for transportation, energy, telecommunications, advanced manufacturing, and national security4.

Mr. Yurik further commented: ‘We believe our Company’s investments are well-positioned to capitalize on this evolving landscape. Our royalty portfolio leverages North America’s rich mineral resources that are being developed to contribute to a secure and sustainable supply chain for critical minerals.

‘For example, the presence of germanium and gallium at the Middle Tennessee Zinc Mine in Tennessee, U.S., positions it to be a potential supplier of these minerals when it re-commences production. Additionally, our graphite royalty assets in Canada, Australia, and Madagascar not only mitigate risks associated with geopolitical tensions but also align with global efforts to develop alternative sources of energy that use graphite heavily.

‘As this energy transition continues around the world, we believe the demand for critical minerals will continue to rise. Our strategy of focusing on projects located in North America and other safe jurisdictions has better positioned several of our assets to receive support from both investors and governments as they prioritize development and production.’

1https://www.reuters.com/world/china/chinas-export-controls-are-curbing-critical-mineral-shipments-world-2025-04-20/

2https://source.benchmarkminerals.com/article/china-tightens-graphite-export-controls-to-the-us

3https://www.forbes.com/sites/arielcohen/2025/04/18/white-house-cuts-red-tape-for-us-critical-minerals/

4https://www.whitehouse.gov/presidential-actions/2025/04/ensuring-national-security-and-economic-resilience-through-section-232-actions-on-processed-critical-minerals-and-derivative-products/

About Electric Royalties Ltd.

Electric Royalties is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper) that will benefit from the drive toward electrification of a variety of consumer products: cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications.

Electric vehicle sales, battery production capacity and renewable energy generation are slated to increase significantly over the next several years and with it, the demand for these targeted commodities. This creates a unique opportunity to invest in and acquire royalties over the mines and projects that will supply the materials needed to fuel the electric revolution.

Electric Royalties has a growing portfolio of 43 royalties in lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper across the world. The Company is focused predominantly on acquiring royalties on advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the global infrastructure over the next several decades toward a decarbonized global economy.

Company Contact

Brendan Yurik
CEO, Electric Royalties Ltd.
Phone: (604) 364‐3540
Email: Brendan.yurik@electricroyalties.com
https://www.electricroyalties.com/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor any other regulatory body or securities exchange platform, accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward-Looking Information and Other Company Information

This news release includes forward-looking information and forward-looking statements (collectively, ‘forward-looking information’) with respect to the Company within the meaning of Canadian securities laws. This news release includes information regarding other companies and projects owned by such other companies in which the Company holds a royalty interest, based on previously disclosed public information disclosed by those companies and the Company is not responsible for the accuracy of that information, and that all information provided herein is subject to this Cautionary Statement Regarding Forward-Looking Information and Other Company Information. Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. This information represents predictions and actual events or results may differ materially. Forward-looking information may relate to the Company’s future outlook and anticipated events and may include statements regarding the financial results, future financial position, expected growth of cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, objectives, industry trends and growth opportunities of the Company and the projects in which it holds royalty interests.

While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or these projects to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving the renewable energy industry; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the mining industry generally, recent market volatility, income tax and regulatory matters; the ability of the Company or the owners of these projects to implement their business strategies including expansion plans; competition; currency and interest rate fluctuations, and the other risks.

The reader is referred to the Company’s most recent filings on SEDAR+ as well as other information filed with the OTC Markets for a more complete discussion of all applicable risk factors and their potential effects, copies of which may be accessed through the Company’s profile page at sedarplus.ca and at otcmarkets.com.

Source

Click here to connect with Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) to receive an Investor Presentation

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