Breaking
Liberty Stock News
Author

admin

Browsing
Investing

Falco Announces Extension of Its Senior Debts

Investing 8 Mins Read

Falco Resources Ltd. (TSX.V: FPC) (‘ Falco ‘ or the ‘ Corporation ‘) is pleased to announce that the Corporation has entered into binding agreements (i) with OR Royalties Inc. (‘ OR Royalties ‘) in order to extend the maturity date of the Corporation’s existing convertible secured senior loan (the ‘ OR Royalties Loan ‘) from December 31, 2025, to December 31, 2026; and (ii) with Glencore Canada Corporation (‘ Glencore ‘) in order to extend the maturity date of the Corporation’s existing senior secured convertible debenture (the ‘ Glencore Debenture ‘) from December 31, 2025, to December 31, 2026.

Luc Lessard, President and Chief Executive Officer of the Corporation commented: ‘ The concurrent extensions of the Corporation’s senior debts demonstrate the strong relationship and long-standing support of OR Royalties and Glencore to Falco and the development of the Horne 5 Project. Such extensions provide the Corporation with additional flexibility to pursue the permitting and development of the Horne 5 Project.’

Amendments to the OR Royalties Loan

In consideration for the extension of the maturity date of the OR Royalties Loan, the OR Royalties Loan will also be amended effective as of December 31, 2025, in order for (i) the accrued interest on the existing OR Royalties Loan to be capitalized such that the principal amount of the amended OR Royalties Loan will be approximately $26,098,521, (ii) the conversion price to be maintained at $0.45 per Common Share, and (iii) the interest rate to be maintained at 9% (collectively, the ‘ OR Royalties Loan Amendments ‘). The 17,690,237 warrants of the Corporation currently held by OR Royalties (the ‘ Existing OR Royalties Warrants ‘), each exercisable for one Common Share at an exercise price of $0.58 per Common Share, will remain outstanding in accordance with their terms until their expiry on December 31, 2025. In consideration for the extension of the maturity date of the OR Royalties Loan, the Corporation will issue to OR Royalties, on December 31, 2025, 19,332,237 warrants (the ‘ New OR Royalties Warrants ‘), each exercisable at any time from and after January 1, 2026, for one common share of Falco (the ‘ Common Shares ‘) at an exercise price of $0.58 per Common Share and expiring on December 31, 2026.

Amendments to the Glencore Debenture

In consideration for the extension of the maturity date of the Glencore Debenture, the Glencore Debenture will also be amended effective as of December 31, 2025 (the ‘ Amended Glencore Debenture ‘) in order for (i) the accrued interest on the existing Glencore Debenture up to December 31, 2025, to be capitalized such that the principal amount of the amended Glencore Debenture will be approximately $15,433,754, (ii) the conversion price to be maintained at $0.37 per Common Share, and (iii) the interest rate to be maintained at 10% (collectively, the ‘ Glencore Debenture Amendments ‘). The 19,424,944 Common Share purchase warrants currently held by Glencore (the ‘ Existing Glencore Warrants ‘) will remain outstanding in accordance with their terms until their expiry on December 31, 2025. In consideration for the extension of the maturity date of the Glencore Debenture, the Corporation will issue to Glencore, on December 31, 2025, 21,381,422 warrants (the ‘ New Glencore Warrants ‘), each exercisable at any time from and after January 1, 2026, at an exercise price of (i) $0.38 per Common Share for 15,061,158 of the New Glencore Warrants and (ii) $0.42 per Common Share for the remaining 6,320,264 New Glencore Warrants, and expiring on December 31, 2026.

The OR Royalties Loan Amendments and the issuance of the New OR Royalties Warrants (the ‘ OR Royalties Transactions ‘) are considered ‘related party transactions’ under Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions (‘ Regulation 61-101 ‘). The OR Royalties Transactions are exempt from the requirements to obtain a formal valuation pursuant to section 5.5(b) of Regulation 61-101. However, Falco is required to obtain minority approval for the OR Royalties Transactions as none of the exemptions contained under Regulation 61-101 are currently available to the Corporation.

Closing of the OR Royalties Transactions is conditional upon (i) obtaining minority approval of the shareholders of the Corporation, excluding the Common Shares held by the directors and officers of OR Royalties, to be sought at the special meeting of shareholders of the Corporation to be held on December 15, 2025 (the ‘ Shareholders’ Meeting ‘), (ii) approval of the TSX Venture Exchange, and (iii) concurrent closing of the Glencore Debenture Amendments and the issuance of the New Glencore Warrants on the terms described herein.

Closing of the Glencore Debenture Amendments and the issuance of the New Glencore Warrants is conditional upon (i) approval of the TSX Venture Exchange, and (ii) concurrent closing of the OR Royalties Transactions on the terms described herein. Subject to satisfaction of such conditions, closing of the OR Royalties Loan Amendments and the Glencore Debenture Amendments, and closing of the OR Royalties Transactions is expected to occur concurrently on December 31, 2025. Additional information will be included in the management proxy circular to be filed at www.sedarplus.ca.

Prior to the transactions contemplated by this press release, OR Royalties held the OR Royalties Loan in the principal amount of $23,881,821, which is convertible into 53,070,713 Common Shares and also held 17,690,237 Existing OR Royalties Warrants, representing approximately 17.01% of the issued and outstanding Common Shares on a partially diluted basis assuming the conversion in full of the OR Royalties Loan and the exercise in full of the 17,690,237 Existing OR Royalties Warrants. Immediately following closing, on a partially diluted basis assuming the conversion in full of the OR Royalties Loan and the exercise in full of the New OR Royalties Warrants, OR Royalties would have beneficial ownership of, or control and direction over 77,328,950 Common Shares, representing approximately 18.30% of the Common Shares issued and outstanding.

About Falco

Falco is one of the largest mineral claim holders in the province of Québec, with an extensive portfolio of properties in the Abitibi-Témiscamingue greenstone belt. Falco holds rights to approximately 67,000 hectares of land in the Noranda Mining Camp, which represents 67% of the camp as a whole and includes 13 former gold and base metal mining sites. Falco’s main asset is the Horne 5 project located beneath the former Horne mine, which was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Development Corp. is Falco’s largest shareholder, with a 16% interest in the Corporation.

For further information, please contact:
Luc Lessard
President, Chief Executive Officer and Director
514-261-3336
info@falcores.com

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

Cautionary Statement on Forward-Looking Information

This news release contains forward-looking statements and forward-looking information (together, ‘forward-looking statements’) within the meaning of applicable securities laws. Often, but not always, forward-looking statements can be identified by words such as ‘plans’, ‘expects’, ‘seeks’, ‘may’, ‘should’, ‘could’, ‘will’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, ‘believes’, or variations including negative variations thereof of such words and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. These statements are made as of the date of this news release. Without limiting the generality of the foregoing statements, the statements relating to the OR Royalties Loan Amendments, the Glencore Debenture Amendments, as well as the issuance of the New Glencore Warrants and New OR Royalties Warrants are forward-looking statements and will not be completed until approved by the TSX Venture Exchange and until appropriate shareholder approval is obtained with respect to OR Royalties Loan Amendments and the issuance of the OR Royalties Warrants. There is no assurance that the approval of the TSX Venture Exchange to such transactions will be obtained nor that shareholder approval with respect to OR Royalties Loan Amendments and the issuance of the OR Royalties Warrants will be obtained. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the risk factors set out in Falco’s annual and/or quarterly management discussion and analysis and in other of its public disclosure documents filed on SEDAR+ at www.sedarplus.ca, as well as all assumptions regarding the foregoing. Although the Corporation believes the forward-looking statements in this news release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. Consequently, the Corporation cautions investors that any forward-looking statements by the Corporation are not guarantees of future results or performance and that actual results may differ materially from those in forward-looking statements.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

CHARBONE Engage la Societe Americaine de Relations aux Investisseurs RBMG

Investing 6 Mins Read

(TheNewswire)

Brossard, Quebec TheNewswire – le 31 octobre 2025 CORPORATION CHARBONE (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (« CHARBONE » ou la « Société »), un producteur et distributeur nord-américain spécialisé dans l’hydrogène propre Ultra Haute Pureté (« UHP ») et les gaz industriels stratégiques, a le plaisir d’annoncer qu’elle a retenu les services de la société de communication corporative américaine RB Milestone Group LLC (« RBMG ») pour ses relations aux investisseurs. Ces services comprennent le conseil en communications corporatives, l’organisation de tournée promotionnelle hors transaction, la veille concurrentielle et la mise en relation de partenaires commerciaux potentiels aux dirigeants de la Société. RBMG a été mandatée pour une durée initiale de six mois, à compter du 20 octobre 2025. Le montant total de la prestation, d’un montant de 59 500 USD, est payable en argent et facturé mensuellement. À l’issue de cette période, le contrat est reconduit automatiquement chaque mois jusqu’à sa résiliation. RBMG est une entité indépendante de la Société. La présente entente est soumise à l’approbation des autorités réglementaires compétentes.

Dave B. Gagnon, PDG de CHARBONE , a commenté : « Nous sommes ravis d’accueillir l’équipe de RBMG, un atout majeur pour notre stratégie de communication et de relations avec les investisseurs aux États-Unis et au Canada. Leur expertise reconnue des marchés financiers, leur visibilité corporative et leurs conseils stratégiques seront essentiels pour CHARBONE qui entame sa prochaine phase de croissance et d’expansion en Amérique du Nord. Cette collaboration renforce notre engagement en faveur de la transparence, du dialogue avec nos actionnaires et de la création de valeur à long terme . »

À propos de RB Milestone Group LLC

Fondée en 2009, RB Milestone Group LLC (« RBMG ») est une agence de communication américaine spécialisée dans le conseil en relations aux investisseurs. Elle possède des bureaux à New York et à Stamford (Connecticut). Son pôle de conseil américain propose des programmes de relations aux investisseurs sur mesure aux entreprises émergentes, qu’elles soient privées ou cotées sur les marchés NYSE, NASDAQ, OTCQB, OTCQX, TSX, TSXV, CSE, ASX et AIM. RBMG affine les stratégies de communication, analyse les données et conseille ses clients sur la manière de pénétrer de nouveaux marchés. Elle les aide à cibler et à nouer des relations avec des acteurs clés aux États-Unis et des acteurs stratégiques de leur secteur à l’échelle mondiale. Grâce aux techniques numériques, à l’intelligence artificielle (IA) et à l’apprentissage automatique, RBMG a développé des méthodes qui optimisent les initiatives traditionnelles de relations aux investisseurs de ses clients afin de maximiser leur retour sur investissement. RBMG collabore avec des clients issus de nombreux secteurs d’activité, notamment : le cannabis, les technologies propres, les biens de consommation, les cryptomonnaies, la fintech, la santé, les métaux et l’exploitation minière, les services professionnels, les énergies renouvelables et les technologies. Pour en savoir plus sur RBMG, veuillez consulter le site : www.rbmilestone.com .

Mise à jour des termes d’un règlement de dette par actions

CHARBONE annonce une mise à jour de son règlement de dette par actions, précédemment divulgué et daté du 14 août 2025. À la suite de discussions avec la Bourse de croissance TSX, notamment un examen des restrictions imposées aux opérations d’échange d’actions contre dettes dans le contexte des services de tenue de marché, la Société a révisé le montant total et le nombre d’actions à émettre dans le cadre du règlement. Selon les modalités révisées, CHARBONE réglera 30 000 $ du montant initial de 118 095 $ payable à un teneur de marché indépendant par l’émission d’actions ordinaires. La Société a négocié avec succès que le solde restant sera réduit de la valeur des actions au cours actuel du marché. À la clôture de l’opération, CHARBONE émettra 500 000 actions ordinaires. Le règlement fera l’objet d’une entente formelle et demeure assujetti à l’approbation finale de la Bourse de croissance TSX. Les actions ordinaires émises seront assujetties à la période de détention légale de quatre mois.

À propos de CORPORATION CHARBONE

CHARBONE est une entreprise intégrée spécialisée dans l’hydrogène propre Ultra Haute Pureté (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF) ; sur les marchés OTC (OTCQB: CHHYF) ; et à la Bourse de Francfort (FSE: K47) . Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

CHARBONE Engages US-Based Investor Relations Firm RBMG

Investing 5 Mins Read

(TheNewswire)

Brossard, Quebec TheNewswire – October 31, 2025 CHARBONE CORPORATION (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (‘ CHARBONE ‘ or the ‘ Company ‘), a North American producer and distributor specializing in clean Ultra High Purity (‘ UHP ‘) hydrogen and strategic industrial gases, is pleased to announce that the Company has retained the US-based corporate communications firm, RB Milestone Group LLC (‘ RBMG ‘), to provide investor relations services including corporate communications advisory, non-deal roadshow advisory, market intelligence advisory, and business referrals to the management team of the Company. RBMG has been retained for an initial term of 6-months starting October 20, 2025, paid in cash totalling US$59,500 and billed on a monthly basis. Following the first 6-months, the agreement auto renews on a monthly basis until termination. RBMG is at arm’s length to the Company. The agreement is subject to regulatory approval.

Dave B. Gagnon, CEO of CHARBONE , commented: ‘ We are very pleased to welcome the RBMG team as a key addition to our communications and investor relations strategy in the United States and Canada. Their proven expertise in capital markets, corporate visibility, and strategic advisory will play a vital role as CHARBONE enters its next phase of growth and expansion across North America. This collaboration reinforces our commitment to transparency, shareholder engagement, and long-term value creation. ‘

About RB Milestone Group LLC

Founded in 2009, RB Milestone Group LLC (‘RBMG’) is a US-based corporate communications firm that specializes in investor relations advisory and has offices in New York City and Stamford, Connecticut. RBMG’s US advisory practice delivers investor relations programs tailor-made for emerging companies that are private and publicly traded on the NYSE, NASDAQ, OTCQB, OTCQX, TSX, TSXV, CSE, ASX and AIM. RBMG refines communications strategies, weighs data and advises clients on how to penetrate new markets. It helps clients target and secure relationships with niche US stakeholders and key industry strategics globally. Utilizing digital techniques, artificial intelligence (AI) and machine learning, RBMG has developed methods that improve traditional client IR initiatives to maximize ROI. RBMG partners with clients across a wide range of industry segments, including: Cannabis, Cleantech, Consumer Goods, Crypto, Fintech, Healthcare, Metals & Mining, Professional Services, Renewable Energy, and Technology. To learn more about RBMG please visit: www.rbmilestone.com .

Updated Terms of Shares-for-Debt Settlement

CHARBONE announces an update to its previously disclosed shares-for-debt settlement dated August 14, 2025. Following discussion with the TSX Venture Exchange, including a review of the restrictions imposed upon shares for debt transactions in the context of market making services, the Company has revised the total amount and number of shares to be issued under the settlement.  Under the revised terms, CHARBONE will settle $30,000 of the original $118,095 payable to an arm’s-length market maker through the issuance of common shares. The Company successfully negotiated that the remaining balance will be reduced by the value of the shares at the current market price.  Upon closing, CHARBONE will issue 500,000 common shares. The settlement will be documented in a formal agreement and remains subject to final approval by the TSX Venture Exchange.  The common shares issued will be subject to the statutory four-month hold period.

About CHARBONE CORPORATION

CHARBONE is an integrated company specializing in clean Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific. Through a modular approach, the Company is building a distributed network of green hydrogen production plants while diversifying revenues via helium and specialty gas partnerships. This disciplined model reduces risk, enhances flexibility, and positions CHARBONE as a leader in the transition to a low-carbon future. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF) , the OTC Markets (OTCQB: CHHYF) , and the Frankfurt Stock Exchange (FSE: K47) . Visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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 .

Contact Charbone Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

Benoit Veilleux

CFO and Corporate Secretary

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Politics

Trump breaks 33-year nuclear testing silence as world braces for dangerous new arms race

Politics 6 Mins Read

President Donald Trump’s announcement that the United States will resume nuclear weapons testing for the first time in more than three decades has sent shockwaves through both Washington and world capitals. He argues the move is necessary to ‘keep pace’ with Russia and China, whose programs he claims are active, and to ensure that America’s deterrent remains credible. We will not be outmatched, Trump declared, ordering the Pentagon to ‘immediately’ begin preparations.

That declaration reverberated across the globe. To some, it signals renewed American strength — proof that Washington will no longer rely on self-imposed restraints while adversaries modernize unencumbered.

The rationale: deterrence and parity

Trump’s rationale rests on deterrence. If Russia or China are conducting secret or low-yield tests in violation of international norms, then the U.S., he argues, cannot appear constrained.

That logic has merit in theory. Yet in practice, there is no publicly verified evidence that Moscow or Beijing have conducted full-scale nuclear explosions in recent years. Both remain bound, at least politically, to the global testing moratorium.

America, for its part, has maintained a robust and credible deterrent through its Stockpile Stewardship and Management Program — using advanced supercomputing, materials science and subcritical testing to ensure our arsenal’s reliability without detonating a single weapon since 1992. However, Russia’s 2023 de-ratification of the Comprehensive Nuclear-Test-Ban Treaty (CTBT) signals potential erosion of that restraint.

In short, our nuclear arsenal works. Our delivery systems are being modernized.

A brief history: lessons written in fire

To understand what is at stake, it helps to recall how we got here. The U.S. conducted its first nuclear test — the ‘Trinity’ explosion — on July 16, 1945, in New Mexico. Over the next half-century, America performed more than 1,000 nuclear detonations, first in the atmosphere, later underground and underwater. Each test expanded our understanding of the bomb’s formidable power and devastating potential — but the environmental and human toll, from the Pacific islands to Nevada, was staggering.

By the early 1960s, public outrage and the Cuban Missile Crisis convinced world leaders that unrestrained testing endangered humanity itself. The Limited Test Ban Treaty of 1963 banned explosions in the atmosphere, outer space, and underwater. The final U.S. test occurred on Sept. 23, 1992, after which Washington joined a global moratorium pending ratification of the CTBT — still unsigned by a few key states, including ours. Nevertheless, the norm held. For 33 years, no nation except North Korea has crossed that line and, perhaps, South Africa, in 1979.

That moratorium has been one of the quiet triumphs of post-Cold War diplomacy: a restraint observed not out of naiveté, but wisdom born of horror. It allowed nations to modernize defensively while preserving the taboo against nuclear explosions, the ultimate boundary between deterrence and apocalypse.

The risks: moral, strategic and existential

To resume testing now risks unraveling that fragile consensus. Once the U.S. breaks the silence, others will follow. Russia could justify its own tests as reciprocal. China, already expanding its arsenal to 600 warheads, is expected to reach about 1,000 nuclear warheads by around 2030 and might accelerate that program. India and Pakistan could feel emboldened. North Korea would seize the moment to demonstrate ‘parity.’ Within years, the world could witness a cascade of underground detonations from East Asia to the Middle East. The psychological barrier separating possession from use would erode.

From a moral perspective, this is not a step to take lightly. Theologians and strategists alike have long argued that nuclear weapons pose unique ethical dilemmas.

From a policy standpoint, the cost-benefit calculus is equally stark. Resuming tests would erode U.S. moral authority in arms-control negotiations, undermine the CTBT and alarm allies who rely on America’s extended deterrence. It would also hand propaganda victories to adversaries eager to paint Washington as reckless. The environmental, safety and political costs of reopening test sites would be significant, and the scientific benefit — according to our own laboratories — minimal.

As the International Campaign to Abolish Nuclear Weapons (ICAN) warns, renewed testing would undermine decades of global norm-building around restraint and open the door to new proliferation.

A better path: lead, don’t imitate

Rather than igniting a new nuclear competition, the U.S. should seize this moment to lead the world toward restraint. Trump’s instinct to project strength is understandable; deterrence remains vital in a world of aggressors. But true strength includes moral leadership.

If the president genuinely wishes to reassert American primacy, he could do so not by detonating weapons, but by convening a global summit of nuclear-armed states — the U.S., Russia, China, France, the United Kingdom, India, Pakistan, Israel and North Korea — to renew or formalize a universal moratorium on nuclear testing. Such a proposal could leverage the CTBTO’s Article XIV Conference mechanism for enhanced verification and transparency.

Such a summit would accomplish three things:

  1. Reestablish dialogue among powers that rarely sit at the same table, easing nuclear tensions.
  2. Reaffirm deterrence without destruction, updating verification mechanisms and transparency measures using modern technology.
  3. Restore moral leadership, demonstrating that America’s power is disciplined by conscience, not driven by fear.

By proposing such a gathering — perhaps under United Nations auspices or as a U.S.-hosted initiative at the Nevada National Security Site — President Trump could transform a provocative decision into a statesmanlike opportunity. He could remind the world that American strength serves peace, not annihilation.

Conclusion: the test before us

For decades, humanity has lived under the shadow of weapons too powerful to use. Their silence has been our safety. Breaking that silence risks inviting a new arms race and edging civilization closer to the brink. History’s lesson is clear: once the nuclear threshold is crossed, even in testing, it becomes easier to cross again.

President Trump has proven that boldness can reset stagnant debates. But boldness without wisdom can also destabilize the world we seek to defend. The real test before us is not of plutonium or warheads, but of leadership — whether we will master our power, or once again let our power master us. True leadership demands the courage to combine military readiness with moral restraint, ensuring that power serves peace rather than pride.

This post appeared first on FOX NEWS

Keep Reading
Politics

WATCH: Ex-Biden spin doctor makes stunning admission after touting his sharpness for years

Politics 4 Mins Read

A former spokesperson for then-President Joe Biden admitted to Congress in August testimony, which surfaced on social media Wednesday, that he had only met with the aging president between one and five times in over two years despite previously claiming he was ‘sharp’ ‘every single day.’

In a July 2, 2024, interview on MSNBC, then-Biden spokesperson Ian Sams said of the former president that ‘When I deal with him, he is sharp, he is asking tough questions, that’s the President Biden that so many of us experience every single day.’

Pressed by the House Committee on Oversight and Government Reform on how many times he had met with Biden, Sams admitted that he had ‘interacted with him pretty infrequently’ and ‘met with the president a handful of times during my tenure in the White House.’

He further admitted that some of these interactions were online or over the phone. During his testimony he recalled two in-person meetings with Biden.

Sams worked in the White House from 2022 to 2024, serving in the roles of special assistant to the president, spokesperson and senior advisor in the White House Counsel’s Office.

Sams was pressed on whether the basis of his statements on Biden’s mental fitness was from his ‘handful’ of interactions with the former president.

‘You said that you met him personally maybe a handful of times. Are those the interactions that you were discussing when you say, ‘I deal with him’?’ a committee staff member asked, to which Sams responded, ‘Yes.’

‘Do you think that’s a bit misleading?’ Sams was asked.

He answered, ‘I think it was pretty direct and honest and said that when I do deal with him, he’s, you know, sharp and he was asking incisive questions during my meetings with him.’

‘But you dealt with him five times in 24 months. That’s not exactly a large scope of knowledge on how he interacts with staff,’ the committee staffer pressed, adding, ‘Do you think that statement suggests that you deal with him more than you did?’

Sams shot back, ‘I don’t think so. I mean, I spoke about my own interactions with him.’

Despite this, Sams maintained that though he ‘definitely noticed some aging’ in Biden, ‘I had no reason to think that he was anything other than capable of being the president and executing his duties.’

The House Oversight Committee GOP posted on its official X account, ‘Ian Sams, one of Joe Biden’s spokespersons, met with him only TWICE in over TWO YEARS. Then he would go on live television and say he interacted with him EVERY SINGLE DAY.’

‘He was LYING to the American people to cover up for Biden’s decline,’ the GOP account wrote.

Committee Chair James Comer, R-Ky., also posted on X, writing, ‘Biden’s top spokesman, Ian Sams, admitted to Congress he met Joe Biden only twice in two years. But that didn’t stop him from loudly insisting Joe was ‘fit.’’

‘Ian was just reading from a script written by Biden’s handlers,’ added Comer.

In a statement released by the Oversight Committee, Comer went on to say, ‘The Biden Autopen Presidency will go down as one of the biggest political scandals in U.S. history. As Americans saw President Biden’s decline with their own eyes, Biden’s inner circle sought to deceive the public, cover-up his decline, and took unauthorized executive actions with the autopen that are now invalid.’

‘Our report reveals how key aides colluded to mislead the public and the extraordinary measures they took to sustain the appearance of presidential authority as Biden’s capacity to function independently diminished,’ he went on, adding, ‘Executive actions performed by Biden White House staff and signed by autopen are null and void. We are calling on the U.S. Department of Justice to conduct a thorough review of these executive actions and scrutinize key Biden aides who took the Fifth to hide their participation in the cover-up.’

Fox News Digital reached out to Sams for comment but did not immediately receive a response.

This post appeared first on FOX NEWS

Keep Reading
Politics

Major phone carriers reveal Jack Smith’s subpoenas for Republican senators’ records

Politics 5 Mins Read

Two major phone carriers took sharply different paths when former special counsel Jack Smith’s team subpoenaed phone records tied to Republican lawmakers in 2023, according to the redacted subpoenas and letters first shared with Fox News Digital.

The documents, provided by the office of Sen. Chuck Grassley, R-Iowa, reveal Verizon’s compliance and AT&T’s resistance when faced with Smith’s requests, which were part of Arctic Frost, the FBI probe that led to Smith bringing election charges against President Donald Trump.

The 12 phone numbers on the subpoena to Verizon are redacted and replaced by Grassley’s office with the names of the lawmakers associated with them. They include one House member and 10 senators, including Sen. Rick Scott, R-Fl., whose name was not previously reported.

AT&T received a similar request, according to a second subpoena. The company told Grassley the subpoenaed phone records were associated with two lawmakers, including Sen. Ted Cruz, R-Texas, according to a source directly familiar with the matter. The source said AT&T declined to disclose the second person.

Accompanying the two subpoenas were gag orders, signed by U.S. District Judge James Boasberg of Washington, D.C., that directed the two phone companies not to disclose the subpoenas to the lawmakers for one year. Prosecutors can seek such gag orders to temporarily keep investigative matters confidential.

The phone companies also wrote letters to Grassley, first shared with Fox News Digital, explaining how they handled the subpoenas they received, revealing two different approaches.

Verizon justified complying with the subpoenas, saying they were ‘facially valid’ and contained only phone numbers, not names. Verizon said that with the ‘benefit of hindsight’ and recent discussions with the Senate Sergeant at Arms, which handles congressional phone services, it has modified its policies so that it puts up more of a challenge to law enforcement requests pertaining to Congress members.

AT&T, meanwhile, did not comply with the subpoenas.

‘When AT&T raised questions with Special Counsel Smith’s office concerning the legal basis for seeking records of members of Congress, the Special Counsel did not pursue the subpoena further, and no records were produced,’ David Chorzempa, general counsel for AT&T, wrote.

The release of copies of the subpoenas and new details from phone companies comes after Grassley published earlier this month a one-page FBI document that said eight senators and one House lawmaker had their phone data subpoenaed. They included Republican Sens. Marsha Blackburn, Josh Hawley, Lindsey Graham, Bill Hagerty, Dan Sullivan, Tommy Tuberville, Ron Johnson and Cynthia Lummis.

Cruz later revealed that he was in the mix, and Scott announced on Thursday that he too was a target.

Grassley said in a press conference Wednesday that Smith’s subpoena to Verizon included Cruz’s office’s landline. In Verizon’s letter to Grassley, it noted that there were no records to give Smith pertaining to that landline.

The two subpoenas to Verizon and AT&T sought toll records for a four-day period surrounding the Jan. 6 Capitol riot. They did not include the contents of phone calls or messages, which would require a warrant, but they did include ‘[call] detail records for inbound and outbound calls, text messages, direct connect, and voicemail messages’ and phone number subscriber and payment information.

News of the subpoenas sparked outcry from the senators, who claimed Smith improperly spied on them and that Arctic Frost was ‘worse’ than the Watergate scandal. They have raised numerous constitutional concerns, including claims that the subpoenas violated the speech and debate clause, which gives lawmakers an added layer of immunity from investigations.

Smith, in response, said in a letter through his lawyers that he mentioned subpoenaing senators’ phone records in his public, final special counsel report and that the subpoenas were narrowly tailored to a four-day period surrounding the Jan. 6 riot and ‘entirely proper.’

Smith has asked House and Senate lawmakers to allow him to testify before them in a public hearing to speak about his special counsel work. House Judiciary Committee Chairman Jim Jordan, R-Ohio, however, wants to question Smith behind closed doors and Grassley has said he needs more information before he hosts Smith in a public setting.

The DOJ has issued subpoenas for lawmakers’ information in the past, but former inspector general Michael Horowitz cautioned against it in most circumstances in a report published last year, saying that doing so ‘risks chilling Congress’s ability to conduct oversight of the executive branch.’

Horowitz’s warning came in response to the first Trump administration subpoenaing phone records of Rep. Eric Swalwell, D-Calif., and then-Rep. Adam Schiff, D-Calif., and dozens of congressional staffers from both parties as part of an investigation into classified information being leaked to the media.

Despite enjoying additional constitutional protections, members of Congress are not immune from investigation and prosecution. Former Democratic Sen. Bob Menendez’s phone records were seized while he was serving in office. Menendez is now serving in prison after being found guilty by a jury last year of corruption charges.

Read copies of the letters from Verizon and AT&T and the subpoenas below. 

App users: 

Click to read the Verizon letter

Click to read the Verizon subpoena

Click to read the AT&T letter

Click to read the AT&T subpoena

This post appeared first on FOX NEWS

Keep Reading
Politics

Trump urges GOP to ‘end the shutdown’ by going nuclear on Senate filibuster

Politics 2 Mins Read

President Donald Trump on Thursday called for Republicans to end the filibuster in order to end the month-long government shutdown.

In a late-night Truth Social post, Trump argued that Democrats had sought to eliminate the Senate procedure when they had control of both chambers of Congress and the White House during the Biden administration, but then-Sens. Joe Manchin and Kyrsten Sinema helped block the effort.

Trump suggested using the ‘nuclear option,’ following his return to the U.S. after his trip to Asia.

‘The one question that kept coming up, however, was how did the DemocratsSHUT DOWN the United States of America, and why did the powerful Republicans allow them to do it? The fact is, in flying back, I thought a great deal about that question, WHY?’ Trump wrote on Truth Social.

‘Majority Leader John Thune, and Speaker of the House Mike Johnson, are doing a GREAT job, but the Democrats are Crazed Lunatics that have lost all sense of WISDOM and REALITY,’ he continued. ‘It is a sick form of the now ‘legendary’ Trump Derangement Syndrome (TDS) that only comes from losing too much. They want Trillions of Dollars to be taken from our Healthcare System and given to others, who are not deserving — People who have come into our Country illegally, many from prisons and mental institutions. This will hurt American citizens, and Republicans will not let it happen.’

Trump added that it is ‘now time for the Republicans to play their ‘TRUMP CARD,’ and go for what is called the Nuclear Option — Get rid of the Filibuster, and get rid of it, NOW!’

This post appeared first on FOX NEWS

Keep Reading
Politics

Hegseth, in talks with Chinese counterpart, says US will ‘stoutly defend’ interests in Indo-Pacific

Politics 2 Mins Read

U.S. Defense Secretary Pete Hegseth on Friday met with his Chinese counterpart in Kuala Lumpur, using the high-profile encounter to reaffirm that the United States will ‘stoutly defend’ its interests in the Indo-Pacific region.

Hegseth characterized the session with Chinese Admiral Dong Jun as ‘good and constructive.’ The pair met on the sidelines of the Association of Southeast Asian Nations (ASEAN) defense summit, which convened top military officials from across the region. 

The Pentagon chief said he raised concerns about China’s growing aggression in the South China Sea and around Taiwan – as well as its posture toward American allies and partners.

‘I highlighted the importance of maintaining a balance of power in the Indo-Pacific,’ Hegseth wrote on X. ‘The United States does not seek conflict, but it will continue to stoutly defend its interests and ensure it has the capabilities in the region to do so.’

China’s Defense Ministry responded in measured terms, reiterating Beijing’s long-held stance that Taiwan’s reunification with the mainland is an ‘unstoppable historical trend.’

The meeting face-to-face marked the first in-person meeting between the two defense leaders since a video call in early September. It signaled continued efforts on both sides to manage a tense relationship even as disputes over Taiwan, maritime boundaries and navigation rights persist.

Hegseth said the U.S. will ‘continue discussions with the People’s Liberation Army on matters of mutual importance.’

Hegseth also announced a 10-year defense cooperation framework with India following talks with Defense Minister Rajnath Singh — part of Washington’s push to expand security and technology ties with New Delhi as a counterweight to Beijing’s influence.

The secretary later met with Malaysia’s defense minister, reaffirming the two nations’ commitment to upholding maritime security in the contested South China Sea, where China’s expansive territorial claims overlap with those of several Southeast Asian countries.

ASEAN defense ministers will continue talks Saturday with dialogue partners including the United States, China, Japan, India, Australia, South Korea and Russia.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

Keep Reading
Investing

Dr. Mark Thornton: Gold Ringing Alarm Bells, Silver Setting Up to Skyrocket

Investing 1 Min Read

Dr. Mark Thornton, senior fellow at the Mises Institute, discusses the factors that have taken the gold price to all-time highs. In his view, the key driver is government actions like overspending, borrowing and money printing, none of which are likely to abate soon.

He also shares his bullish outlook for silver.

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

This post appeared first on investingnews.com

Keep Reading
Investing

Crypto Market Update: Binance Eyes US Re-entry After Trump Pardons Founder

Investing 4 Mins Read

Here’s a quick recap of the crypto landscape for Monday (October 27) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$115,014, a 0.9 percent increase in 24 hours. Its lowest valuation of the day was US$113,083, and its highest was US$116,032.

Bitcoin price performance, October 27, 2025.

Chart via TradingView.

Bitcoin (BTC) climbed to two week highs on Monday, breaking above US$115,600 as investors priced in expectations of an interest rate cut from the US Federal Reserve later this week.

The cryptocurrency has now risen for five consecutive sessions, with Sunday’s (October 26) 2.6 percent gain pushing Bitcoin past the 50 day exponential moving average at US$114,176. Technical analysts see the move as a potential prelude to a fresh rally, contingent on continued market support and Fed signals.

Trader Ted Pillows noted on X that Bitcoin has “fully reclaimed the US$114,000 support zone” and emphasized that the next key hurdle is US$118,000. He added that, if momentum holds, “a new ATH could happen in 1–2 weeks.”

Market watchers are now closely monitoring the Fed meeting for confirmation of rate cut expectations, which could provide further bullish fuel for Bitcoin and broader crypto markets.

Ether (ETH) was priced at US$4,167.45, a 1.5 percent increase in 24 hours. Its lowest valuation of the day was US$4,053.35, and its highest was US$4,246.23.

Altcoin price update

  • Solana (SOL) was priced at US$200.39, trading flat over the last 24 hours. Its lowest valuation of the day was US$197.24, and its highest was US$205.03.
  • XRP was trading for US$2.62, a decrease of 0.7 percent over the last 24 hours. Its lowest valuation of the day was US$2.60, while its highest was US$2.67.

ETF data and derivatives trends

Bitcoin derivatives metrics indicate ongoing caution and positioning for downside risk.

Liquidations for Bitcoin contracts have totaled approximately US$6.42 million in the last four hours, the majority of which were long positions, reflecting short-term selling pressure.

Ether liquidations showed a similar pattern, with long positions dominating US$15.55 million in liquidations, though long and short liquidations were more evenly split.

Futures open interest for Bitcoin fell 0.5 percent to US$75.51 billion, and Ether futures declined 0.57 percent to US$49.89 billion, suggesting modest rotation or renewed altcoin activity.

The perpetual funding rate for Bitcoin was 0.008 and 0.009 for Ether, indicating a mild long bias among remaining positions. Bitcoin’s relative strength index stood at 54.84, reflecting neutral to moderately bullish momentum and room for price growth before overextended conditions.

Today’s crypto news to know

Binance eyes US return after Trump pardon for CZ

Binance is weighing a US market re-entry following President Donald Trump’s pardon of founder Changpeng Zhao, exploring options to consolidate its American affiliate or allow direct access for US investors, Bloomberg said.

The pardon clears Zhao’s 2023 conviction for failing to maintain anti-money laundering controls, restoring his ability to lead financial ventures. Hours after the announcement, Zhao expressed ambitions to make the US “the capital of crypto” and expand Web3 globally. Binance’s BNB token jumped 8 percent in response. Zhao currently oversees a blockchain ecosystem with around US$8.7 billion in assets, ranking third behind Ether and Solana.

Japan’s first regulated yen stablecoin launches

JPYC launched Japan’s first regulated yen-pegged stablecoin on Monday.

The stablecoin aligns with Japan’s Payment Services Act, requiring full reserve backing in yen deposits and government bonds. JPYC aims to issue 10 trillion yen (US$67 billion) over three years, challenging the US-dominated stablecoin market where USDC holds roughly US$40 billion.

The framework prioritizes consumer protection and financial stability, lessons drawn from the 2022 TerraUSD collapse.

JPYC offers zero-fee issuance, redemption and transfers, earning income via interest on reserves in deposits and government bonds. Each transfer is capped at 1 million yen under the regulatory structure.

American Bitcoin boosts strategic reserve to 3,865 BTC

American Bitcoin (ABTC) expanded its strategic reserve to 3,865 BTC, acquiring 1,414 BTC through both open market purchases and in-house mining, according to a company release.

The accumulation lifts the company’s Satoshis per share metric to 418, a 52 percent increase since September 1.

Integrated mining enables ABTC to secure BTC at lower costs than external acquisitions, giving it a structural advantage over competitors.

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

This post appeared first on investingnews.com

Keep Reading