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October 8, 2024

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During today’s market analysis Carl laid out his reasons why we believe we are at a market top. He discusses the current market price action combined with exclusive DecisionPoint indicators to substantiate his position. Don’t miss his analysis.

Carl also goes though the Magnificent Seven by analyzing the daily charts for a near-term perspective and the weekly charts to give us an intermediate-term perspective. Which charts are toppy?

Erin covers Sector Rotation with a special emphasis on the Energy sector which is taking off on the positive Crude Oil trade. Does this rally have more legs? Erin looks at the “under the hood” chart to give you her thoughts. This led into a look at the industry groups within Energy. She likes one group better than the others.

Finally the pair finish up the program with viewer symbol requests which were heavy on the Energy sector and Semiconductors.

01:30 DP Signal Tables

03:37 Market Overview and the Case for a Market Top

11:37 Magnificent Seven

19:02 Discussion of UPS and XLB

26:25 Sector Rotation (More case for market top)

30:37 Energy Discussion and Industry Groups

40:18 Symbol Requests

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Good morning and welcome to this week’s Flight Path. Equities saw the trend remain and as the week came to a close we saw more strong blue “Go” bars as price rallied close to prior highs. GoNoGo Trend shows that there has been a change in trend from “Go” to “NoGo” for treasury bond prices. After an amber “Go Fish” bar we see strong purple “NoGo” bars. The U.S. commodity index remains in a strong “Go” trend this week while the dollar saw a “Go” take over albeit painting weaker aqua bars.

$SPY Fights to Stay Near Highs in “Go” Trend

The GoNoGo chart below shows that after several bars of weakness we see the bright blue bars of a stronger trend return. This may provide a new level of support as we move forward. We also see a Go Trend Continuation Icon (green circle) as GoNoGo Oscillator found support at the zero line. We see that after just one bar we are back testing that level again. It will be important for the oscillator to continue to find support at that level to provide a springboard for price to move higher from here.

The longer time frame chart shows us that GoNoGo Trend painted another strong blue “Go” bar this past week and on a closing basis we made a new high. GoNoGo Oscillator shows that momentum is positive but not yet overbought. We will watch to see if momentum remains at or above the zero line as price challenges for more gains.

New “Go” Trend For Treasury Yields

Treasury bond yields have climbed to new highs and we saw GoNoGo trend roll through the colors as a couple of amber “Go Fish” bars were followed by a first new “Go” bar for several months. GoNoGo Oscillator burst through the zero level last week and out of a GoNoGo Squeeze. Since then, it has retested and found support at zero and that tipped us off to the change in trend in the price panel above. We now see momentum at a value of 5 and so there is enthusiasm around this price move.

The Dollar Saw a “Go” Trend Emerge

Price climbed quickly this week and followed an amber “Go Fish” bar with a string of aqua “Go” bars as price climbed to new highs. GoNoGo Oscillator having struggled with the zero level for several bars assertively broke through into positive territory and we saw an increase in volume as the oscillator rose to a value of 5. Now we can say that momentum is on the side of the new “Go” trend as it tries to consolidate at these new levels.

Will we see a major market top during the month of October? Dave breaks down three market breadth indicators and compares their current configuration to what we observed at the 2007 market top. He then goes through the charts and reviews market topping conditions from a breadth perspective using the McClellan Oscillator, Stocks Above the 50-day Moving Average, and New 52-week Highs and Lows.

This video originally premiered on October 7, 2024. Watch on our dedicated David Keller page on StockCharts TV!

Previously recorded videos from Dave are available at this link.

Over the last six months, gold has been on an upward trajectory, registering fresh all-time highs nearly every month. However, the yellow metal’s price has faced some resistance since hitting US$2,670 on October 1, driving it as low as US$2,639.

Hemke explained in the October 3 interview that this is likely the result of the market testing resistance at the US$2,650 level.

‘We’re pulling back and testing that level of support,” he said.

“Technical analysis when you’re in this area of new all-time highs is pretty tough to do. It doesn’t surprise me that we’ve kind of paused here, but things could change pretty rapidly, both economically and geopolitically, in the next few days.”

Because of these numerous global and national challenges, Hemke believes “all bets are off” as to where and how much further gold’s price run could take it.

He also touched on silver’s inability to make the 30 percent gains its sister metal has displayed this year, and the under performance of mining shares.

“Probably the most frustrating thing for a lot of investors is silver is (just) kind of playing along, and the mining shares are playing along even less than silver is,” he said.

On the topic of when miners could catch up, Hemke discussed the surprising correlation between the price of silver and the value of the VanEck Gold Miners ETF (ARCA:GDX).

‘Gold keeps going. Silver will eventually move as well. And when silver moves, the mining shares will move. Strange as that may sound,’ he said.

Watch the interview above for more from Hemke on gold and silver.

Interview by Charlotte McLeod. Article by Georgia Williams.

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

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

This post appeared first on investingnews.com

Investor Insight

Vertex Minerals offers a compelling value proposition predicated on combining innovative, sustainable mining methodologies with a staged development plan and a strategic, near-term production path. The company is well-positioned to unlock the significant potential of this high-grade gold project.

Overview

Vertex Minerals (ASX:VTX) is an Australian mineral exploration company and near-term gold producer in one of the highest-grade, if not the highest-grade, gold mining districts in Australia. The company is advancing its Reward gold mine, scheduled to commence production in January 2025, with a current mineral resource estimate of 419,000 tonnes at a high-grade of 16.7 grams per ton (g/t) gold for 225,000 oz contained gold.

The Reward gold mine is committed to sustainable, low-impact, low-cost operations through the use of gravity separation technique, which has been hailed as one of the more sustainable alternatives for ore recovery. This mining technique leverages the natural force of gravity to separate valuable minerals from waste material. Gravity technology minimizes the use of harsh chemicals, resulting in a more environmentally friendly extraction process. Among its other benefits include, reduced power consumption, faster and efficient processing, lower operating costs, and improved recovery rates.

Looking along the Amalgamated Adit.

Vertex Minerals’ potential to produce the highest grade and the greenest gold in the market is a key value proposition.

The Reward gold mine is part of Vertex Minerals’ 100 percent owned Hill End gold property in New South Wales, an advanced stage production and exploration project, with a fully permitted processing plant. In addition to Reward, Hill End also comprises the Hargraves and Red Hill projects. All three assets have a combined mineral resource of 4.21 million tonnes of gold.

A permitted mining licence and development approval are in place for the processing plant, stockpiles and the Reward underground mine.

The company is led by a highly experienced management and technical team with a successful track record, committed to upholding the company’s strategic objectives and delivering shareholder value.

Company Highlights

Vertex Minerals is a gold exploration and production company focused on the historic, high-grade Hill End gold property, with the ultimate goal of becoming Australia’s high-grade, green gold producer.The Reward mine has a current mineral resource estimate of 419,000 tonnes at a high-grade of 16.7 g/t gold for 225,000 oz contained gold.Using gravity separation technology will enable low-cost, high-efficiency and sustainable gold production.

Key Project

Hill End Gold Project

Vertex Minerals is making significant strides in its exploration endeavors at the Hill End project, a cornerstone asset aimed at establishing sustainable gold production in New South Wales, Australia.

Hill End is a historic gold mining town located in the Bathurst Regional Council in New South Wales. Gold occurrence at Hill End lies along a 25 km strike length, which includes the historical Hawkins Hill mine, where the late Silurian Chesleigh Formation hosts gold-bearing, bedding-parallel, laminated quartz veins and associated structures on the east limb of the Hill End anticline. The Hill End trough is a 70 km-wide and more than 200 km long, deep marine basin that is underlain by Ordovician volcanic rocks that lie between the Molong Volcanic Belt to the west and the Rockley-Gulgong Volcanic Belt to the east. Both these volcanic belts belong to the Ordovician Macquarie Arc in the Lachlan Fold Belt of eastern Australia.

Vertex Mineral’s strategy for Hill End includes reinstalling a refurbished 110 ktpa Gekko gravity gold plant, commencing gold production from existing stockpiles and developing the Reward mine. The company also plans further exploration and drilling to increase its high-grade resource at Hill End.

Reward underground has a long life beyond the mine plan

Reward Underground Gold Mine

Vertex Minerals’ Reward underground mine, situated in the historically significant Hill End gold district of New South Wales, represents a promising venture in high-grade gold extraction. Well-positioned for a simple start-up, Vertex plans to commence production at the Reward mine in January 2025. The existing gravity processing plant is located adjacent to the underground mine access point. Mine access point extends into the resource, so little development is required.

The Reward gold mine has an indicated resource of 141,000 tonnes at 15.5 g/t gold for 71,000 oz contained gold, and 278,000 tonnes at 17.3 g/t gold for 155,000 oz contained gold in the inferred category. It’s a robust asset, with significant potential for resource growth and long life well beyond the mine plan.

Vertex Minerals has initiated a strategic approach to bringing the Reward mine into production. In line with this, the company is currently refurbishing the gravity processing plant located near the underground mine access point. This strategic location facilitates a straightforward start-up process, reducing operational costs and time to production. Following the successful refurbishment of processing facilities, Vertex plans to initiate underground mining operations.

The pre-feasibility study (PFS) conducted for the Reward mine presents encouraging financial prospects, including a projected pre-tax cash of $41 million over the life of mine at an assumed gold price of $3,000 per ounce, with a six-month payback. The mine targets an average monthly production of 2,169 oz over 23 months with 92 percent gold recovery. These projections underscore the potential economic viability of the project.

Sustainable Production

At the heart of Vertex Minerals’ plan is the integration of a high-performance Gekko gravity processing plant. This advanced facility will be strategically positioned adjacent to the underground mine access point, facilitating a seamless ore processing workflow.

Gravity technology in mining leverages the natural force of gravity to separate valuable minerals from waste material. This method is particularly effective for gold extraction, as gold particles are significantly denser than most other materials found in ore. The process involves using specialized equipment that exploits these density differences to isolate gold particles without relying heavily on chemical processes.

Vertex Minerals anticipates several positive outcomes from the implementation of gravity technology at the Reward mine, including accelerated production timeline; increased throughput with a capacity of 120,000 tonnes per annum, a significant increase from the previous 30,000 tonnes; enhanced operational efficiency with faster processing times and lower operational costs; improved cash flow; and more importantly, sustainable mining practices, aligning with growing industry trends towards sustainability.

Exploration Plans

Beyond the Reward mine operation, Vertex Minerals plans to conduct further exploration of the Hill End project to increase the size and grade of the resource. The project consists of a 34 km prospective strike that was the source of the largest gold specimen ever found globally. Despite its great potential for new discovery, Hill End has yet to undergo modern exploration, and Vertex Minerals is planning a multi-element and alteration mapping program at the property to better map out the zones where high-grade mineralization exists. A full geological review and an updated geological and structural model will underpin future exploration plans.

Management Team

Roger Jackson – Executive Chair

Roger Jackson has been actively involved in the mining industry for 30+ years as a mine operator, services contractor and explorer. He is a geologist with strong knowledge of gold exploration and mining. He has developed several mining and ore processing operations in Australia and abroad. Jackson has a science degree with a major in geology and geophysics, and holds a diploma in financial management, diploma in education. He is a fellow of the Geological Society of London, fellow of the Australian Institute of Geoscientists and a fellow of the Australasian Institute of Mining and Metallurgists.

Declan Franzmann – Non-executive Director

Declan Franzman is a mining engineer with over 30 years of experience from discovery, through construction, operations and mine closure. His expertise covers open pit and underground gold mining across Australia, Asia, Africa and South America. Franzmann is a fellow of the AusIMM, holds statutory mine management qualifications for WA, QLD and NSW and has been a director of public companies for 15 years.

Tully Richards – Technical Director

Tully Richards is an experienced gold geologist based in Orange, NSW. He has a wonderful depth and breadth of experience in exploration in the Lachlan Fold district. A graduate in geology from Sydney University, Richards has worked as a geologist in operating mines but has found his passion exploring the Lachlan Fold Belt for gold.

Alex Neuling – Company Secretary

Alex Neuling holds the positions of director, chartered accountant, and secretary at Vertex Minerals. With his chartered accountant qualifications, Neuling brings a strong financial acumen to the company’s board, backed by over 15 years of professional experience in corporate and financial roles. For the past decade, he has served in pivotal positions such as company secretary, CFO and director for various ASX-listed companies. His expertise covers a diverse range of sectors, including oil and gas, mineral exploration, biotech and mining services.

This post appeared first on investingnews.com

Hempalta Corp. (TSXV: HEMP) (‘Hempalta’ or the ‘Company’) today confirmed ongoing execution of its business strategy and responded to recent trading activity.

Business Strategy Update

Further to previous announcements by the Company, Hempalta continues to execute on its business strategy, driving growth through new revenue streams and expanding its product portfolio. The Company’s existing hemp-based products include animal bedding, pet litter, garden mulch, and hurd for hempcrete, and it has recently added biochar for sale in its consumer package division and to commercial buyers.

With a focus on industrial hemp, the Company also owns a controlling interest in Hemp Carbon Standard Inc. (‘HCS’), a platform for carbon removal credits in the hemp industry. The platform enables participation in the growing voluntary carbon credit marketplace and further diversifies Hempalta’s revenue streams. For 2024, HCS has increased the number of acreages under management in its regenerative agriculture program by 337% compared with 2023, managing 13,556 acres across seven countries.

Increased Trading Volume

Hempalta has observed a significant increase in the volume of Hempalta stock traded over the preceding two-week period. The Company confirms that no material operational or corporate developments have occurred to substantiate this increased trading activity which appears to have commenced on September 19, 2024.

However, the Company wishes to announce that it was advised by Climafi Limited (‘Climafi’) and certain of its shareholders of their intention to sell certain of their Hempalta shares starting on that date. In May 2024, in exchange for the acquisition by Hempalta of its 50.1% controlling interest in HCS, Climafi and certain of its shareholders received 12.5 million common shares of the Company which were subject to a statutory hold period that expired in early September 2024, thus allowing those parties to freely sell their Hempalta shares.

About Hempalta

Hempalta Corp. (TSXV:HEMP) is a publicly traded agricultural technology company listed on the TSX Venture Exchange, focused on harnessing the immense potential of hemp.

Hempalta utilizes advanced agricultural technology to process industrial hemp at scale. Products are made from hemp grown sustainably in Alberta and processed using a state-of-the-art processing plant at its production facility in Calgary, Alberta. The Company is also participating in the global hemp carbon credit industry through its controlling interest in Hemp Carbon Standard Inc.

The Company is led by passionate advocates for industrial hemp who have years of operations, manufacturing, marketing, consumer packaged goods, and retail sales experience. Hempalta has been named a Top 10 Startup by Platform Calgary’s Launch Party and recognized as one of the 50 most investable clean technology companies by Foresight Canada. Learn more at www.hempalta.com.

HEMP TO BETTER THE PLANET

Darren Bondar
Chief Executive Officer

Hempalta Corp.
1560 Hastings Crescent SE, Calgary, T2G 4E1
Web: https://www.hempalta.com/
Email: info@hempalta.com

Sales or partner opportunities:
Cecil Horwitz, Business Development
Cecil.horwitz@hempalta.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.

Forward-Looking Information

This news release contains statements and information that, to the extent that they are not historical fact, may constitute ‘forward-looking information’ within the meaning of applicable securities legislation. Forward-looking information is typically, but not always, identified by the use of words such as ‘will’, ‘expected’, ‘plans’, ‘enable’ and similar words, including negatives thereof, or other similar expressions concerning matters that are not historical facts. Forward-looking information in this news release includes, but is not limited to, statements regarding: the HCS platform enabling participation in the growing voluntary carbon credit marketplace (‘VCM’); and the HCS platform further diversifying Hempalta’s revenue streams. Such forward-looking information is based on various assumptions and factors that may prove to be incorrect, including, but not limited to, factors and assumptions with respect to: the ability of the Company to successfully implement its strategic plans and initiatives and the expected benefits therefrom; the ability of farms and sites currently signed up by HCS to grow hemp; and the ability of HCS to sell carbon removal credits through the VCM. Although the Company believes that the assumptions and factors on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that it will prove to be correct or that any of the events anticipated by such forward-looking information will transpire or occur, or if any of them do so, what benefits the Company will derive therefrom. Actual results may vary from those currently anticipated due to a number of factors and risks including, but not limited to: risks associated with general economic conditions; conditions in the carbon credit markets; adverse industry events; the risk that farms and sites currently signed up by HCS will not grow or be able to grow industrial hemp as anticipated or at all; the risk that HCS may not be able to sell carbon removal credits as anticipated or at all; adverse weather conditions affecting the growth of hemp; future legislative, tax and regulatory developments; and the ability of management to execute its business strategy, objectives and plans. The forward-looking information included in this news release is made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking information to reflect new information, subsequent events or otherwise, except as required by applicable law.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225945

News Provided by Newsfile via QuoteMedia

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Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, “Atlantic Lithium” or the “Company”), the Africa-focused lithium exploration and development company targeting the delivery of Ghana’s first lithium mine, is pleased to announce that the Minerals Commission of Ghana has issued a Mine Operating Permit in respect of the Company’s flagship Ewoyaa Lithium Project (“Ewoyaa” or the “Project”).

The Mine Operating Permit serves as the final regulatory approval required by the Company ahead of commencing construction of the Project, comprising the Ewoyaa Lithium Mine and Processing Plant, and represents an important milestone towards reaching a Final Investment Decision.

The Company currently awaits the ratification of the Ewoyaa Mining Lease by Ghana’s parliament. The Company understands that parliament will resume sitting on 15 October 2024 and will provide further updates to shareholders as appropriate.

Commenting, Neil Herbert, Executive Chairman of Atlantic Lithium, said:

“Representing the final regulatory approval required by the Company before we can commence construction, the issuance of the Mine Operating Permit marks a critical milestone in the permitting process for the Ewoyaa Lithium Project.

“With our sights set on achieving first production of lithium in Ghana, we now eagerly await parliamentary ratification of the Ewoyaa Mining Lease. We hope that ratification can occur in the coming sitting, expected to resume on the 15th of this month, which would set us on the path towards construction and operation of this globally significant lithium project.”

Authorised for release by Amanda Harsas, Finance Director and Company Secretary, Atlantic Lithium Limited.

Click here for the full ASX Release

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Enhanced content and added features strengthen a key NorthStar Bets differentiator

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) (‘NorthStar’ or the ‘Company’) today announced the launch across all NorthStar Bets online and mobile betting platforms of ‘Sports Insights 2.0,’ a robust set of enhancements and new features added to its industry-leading content vertical.

Sports Insights is a key differentiating feature that supports NorthStar’s position as a premium brand and industry leader at the intersection of iGaming and media. A key pillar of Sports Insights’ content offering is analysis of upcoming events, betting strategies, predictions and tips, with original articles produced daily by the Company’s in-house team of sports writers. As announced this past February, NorthStar embarked on a significant enhancement of Sports Insights with upgrades and new features rolled out throughout 2024.

‘Sports Insights 2.0 has been a major focus for our team this year and we are thrilled to share these new features with our customers,’ said Michael Moskowitz, Chair and CEO of NorthStar. ‘Players have told us they place a high value on the ability to access quality, in-depth stats and information seamlessly within our betting environment. This differentiates us from competing platforms that continue to require players to use multiple apps to access the same information. The added content should keep our players engaged and help them make informed betting decisions.’

Highlights of new features and tools introduced for Sports Insights 2.0 include:

A redesigned home page offering an improved user experience, a three-story rotating carousel showcasing the most important content, articles grouped by topic (MLB, NFL, casino, etc.) and a ‘Live Now’ strip promoting live betting markets and other promotional priorities.

More casino content, including tips, strategies, game reviews and casino lifestyle articles.

A comprehensive suite of team and player statistics for major league sports including football, baseball, hockey, and basketball.

Enhanced coverage of popular betting sports such as soccer, NCAA football and CFL.

Injury and player news feeds for NFL, MLB, NBA and NHL from industry leader RotoWire.

Sports Insights has proven to be a valuable driver of player engagement and betting activity, with many players reading articles and consuming stats and injury news prior to placing their bets. Frequent Sports Insights visitors, in comparison to non-readers, generate 118% higher average deposits, 58% higher average casino turnover, and 110% higher average sports turnover.1

Sports Insights content is regularly distributed across social media (@NorthStarBet) and through third-party media partners, and serves as an important acquisition and retention tool for NorthStar Bets. To view Sports Insights content, please visit www.northstarbets.ca/sportsbook/news.

Following the completion of this milestone, the Company will continue to make incremental enhancements to Sports Insights based on ongoing user feedback and an evolving product roadmap.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9376/225943_a41f82ce246539db_001full.jpg

About NorthStar

NorthStar proudly owns and operates NorthStar Bets, a Canadian-born casino and sportsbook platform that delivers a premium, distinctly local gaming experience. Designed with high-stakes players in mind, NorthStar Bets Casino offers a curated selection of the most popular games, ensuring an elevated user experience. Our sportsbook stands out with its exclusive Sports Insights feature, seamlessly integrating betting guidance, stats, and scores, all tailored to meet the expectations of a premium audience.

As a Canadian company, NorthStar is uniquely positioned to cater to customers who seek a high-quality product and an exceptional level of personalized service, setting a new standard in the industry. NorthStar is committed to operating at the highest level of responsible gaming standards.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. 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 Note Regarding Forward-Looking Information and Statements

This communication contains ‘forward-looking information’ within the meaning of applicable securities laws in Canada (‘forward-looking statements’), including without limitation, statements with respect to the following: expected performance of the Company’s business, expected benefits of the introduction of product innovations, and player engagement levels. The foregoing are provided for the purpose of presenting information about management’s current expectations and plans relating to the future and allowing investors and others to get a better understanding of the Company’s anticipated financial position, results of operations, and operating environment. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘continues’, ‘forecasts’, ‘projects’, ‘predicts’, ‘intends’, ‘anticipates’ or ‘believes’, or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘should’, ‘might’ or ‘will’ be taken, occur or be achieved. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. This forward-looking information is based on management’s opinions, estimates and assumptions that, while considered by NorthStar to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward- looking information. Such factors include, among others, the following: risks related to the Company’s business and financial position; risks associated with general economic conditions; adverse industry risks; future legislative and regulatory developments; the ability of the Company to implement its business strategies; and those factors discussed in greater detail under the ‘Risk Factors’ section of the Company’s most recent annual information form, which is available under NorthStar’s profile on SEDAR+ at www.sedarplus.com. Many of these risks are beyond the Company’s control.

If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents NorthStar’s expectations as of the date specified herein, and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

For further information:

Company Contact:
Corey Goodman
Chief Development Officer
647-530-2387
investorrelations@northstargaming.ca

Investor Relations:
RB Milestone Group LLC (RBMG)
Northstar@rbmilestone.com

1 Figures are based on NorthStar Gaming results for the three months ended Sept. 30, 2024.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225943

News Provided by Newsfile via QuoteMedia

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It was 6:29 a.m. when the blasting music stopped without warning. The brief silence that followed was pierced by the screams of a woman somewhere in the crowd in this remote site in the Negev Desert.

The woman and hundreds of others were reliving in real time the moment terrorists stormed the Nova Music Festival in southern Israel, marking the first anniversary of the October 7 attacks in which Hamas and other militant groups killed 1,200 people and kidnapped more than 250 others, taking them back into Gaza.

The brutality of the attack on the festival shocked the world. As revelers danced and partied in the desert, scores of Hamas terrorists stormed the site, blocked off escape routes, and embarked on a killing spree. They ambushed groups trying to hide and murdered people as they tried to escape. They shot victims at point blank range in their cars and fired machine guns and anti-tank weapons indiscriminately at those who tried to flee on foot.

Over the past year, the site of the massacre – a remote location just a few miles from the Gaza perimeter – has been turned into a memorial.

Instead of the vast open space, there are now hundreds of near identical cenotaphs, each featuring the name and a picture of a victim.

The one commemorating Amit Itzhak David shows a young man with a big smile. To mark the anniversary of his death, his family huddled around the memorial on Monday, hugging each other and David’s picture.

The 23-year-old was killed here last year, shortly after returning from a trip to South America, where he had been celebrating the end of his compulsory military service.

Nor far away, Anat Magnezi, the mother of Amit Magnezi, was kneeling on the floor next to his photograph, sobbing. A music lover and a former junior wrestler, Amit too was murdered at the site.

The Nova Music Festival massacre was by far the deadliest of the October 7 attacks, accounting for nearly a third of the victims. There were so many dead and kidnapped that it took Israeli authorities months to determine how many people had been killed there.

The Israel Defense Forces (IDF) said Sunday that 347 people, most of them young, died at the site and some 40 others were kidnapped.

Gabriel Barel’s mother, three brothers, and a best friend from the army all turned up in matching tops featuring his photograph. Barel’s brother Yeoda said the family initially believed he might have survived the attack and been taken to Gaza.

But a few weeks later their hopes were crushed when Barel’s body was found. After shooting Barel dead, his attackers had set his car on fire. His remains were so badly burnt it took many weeks for him to be identified.

Witnesses to the massacre say other victims were raped and subjected to sexual violence by Hamas. Hamas has denied the accusations, but the evidence of sexual violence comes from different sources — survivors who witnessed the events, first responders, medical and forensic experts. The United Nations and the International Criminal Court have offered evidence that Hamas attackers committed sexual crimes.

War rages on

Monday marked the first anniversary of the Hamas terror attacks, and a year since Israel began its war against the militant group in Gaza.

More than 41,000 Palestinians have been killed in Gaza since then. The war has sparked a major humanitarian disaster, displacing nearly all of the strip’s 2.2 million residents.

As people gathered across Israel, the reminders that the war in Gaza is still raging kept coming. Throughout the morning, loud booms of outgoing fire reverberated throughout southern Israel as the IDF hit targets in the Gaza strip.

Israel has said its goal in Gaza is to eliminate Hamas and bring back the remaining hostages, but neither has been achieved. Indeed, as the anniversary events got under way, several rockets were fired from Gaza towards Israel, injuring two people.

While increasingly rare, rocket launches such as these show that even after a year of intense war, militants in Gaza are still able to strike Israel.

During a memorial service in kibbutz Nir Oz, the smoke trail of the rockets fired from Gaza was clearly visible in the sky. The agricultural commune of 400 people was another site targeted during the October 7 attacks; one in four of its residents were murdered or kidnapped.

Yehud was a volunteer medic at Nir Oz and when he realized the kibbutz was under attack and there were wounded, he rushed out to provide help. He was killed, but his remains were not found and identified until June. Yehud’s pregnant wife Sigal and three children survived the massacre. His fourth child was born just nine days later.

Yehud’s sister Arbel was kidnapped and taken to Gaza with her boyfriend Ariel Cunio, alongside Cunio’s brother David, David’s wife Sharon Alony Cunio, and their three-year-old twin daughters.

Alony Cunio and the two girls were released during a ceasefire deal agreed in November, but the rest of the group remains in captivity.

“Dolev’s sister is still in Gaza. She’s one of the four or five civilian women still there alive. The most important thing now is to bring her and the rest of them back,” he said.

Lifshitz grew up in the kibbutz and while he left at 16, he still has deep links there. His grandparents Oded and Yocheved were kidnapped from their homes in the kibbutz during the attack.

Yocheved Lifshitz, who was 85 when kidnapped, spent more than two weeks in captivity. She was released alongside her neighbor and friend Nurit Cooper, 79, but both her and Cooper’s husbands were kept in Gaza.

Nurit Cooper and her family were told in June that Amiram Cooper, her 84-year-old husband and one of the founders of the kibbutz, was no longer alive. His body is still in Gaza.

Last October, Moshe’s grandmother Adina Moshe watched Hamas fighters storm her home and murder her husband David before kidnapping her and taking her to Gaza. She was released as part of a ceasefire deal in November last year.

Sitting by David’s grave during the memorial ceremony on Monday, Adina was sobbing, her body slumped as if crushed by the horrors of the past year. Her daughter Maya Shoshani Moshe hurried to her side, trying to comfort her before bursting into tears herself.

Moshe has previously spoken publicly about her ordeal in Gaza and has in the past made an emotional plea directly to Israel’s Prime Minister Benjamin Netanyahu to bring the remaining hostages back.

“Again, I am asking you, Mr. Netanyahu, everything is in your hands, you’re the one who can do it, and I’m extremely scared, that if you continue along this path…there won’t be any more hostages to release,” she said in February after Netanyahu rejected the terms of a ceasefire and hostage deal put forward by Hamas.

She expressed the views of many Israelis who are furious with Netanyahu. Mass protests against the prime minister and his government have once again become a common occurrence across the country and the anger burst into the public view on several occasions during the memorial events on Monday.

Early in the day, family members of the hostages marched to Netanyahu’s residence in Jerusalem, blasting a siren for two minutes outside his front door.

Netanyahu did not make an appearance at the event, or any other gatherings aside from a small ceremony in Jerusalem.

When hundreds of people gathered in Tel Aviv on Monday evening to commemorate the victims of the attacks, politics was meant to be off limits. But it soon became clear that for many of the family members who were speaking at the event, politics is too intertwined with the fate of their loved ones.

Jonathan Shimriz, the brother of Alon Shimriz who was taken hostage and later killed in Gaza during a failed rescue operation, called for a state inquiry into the handling of the hostage crisis.

“There is no personal example, no vision, no leadership, no accountability,” he told the crowd.

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The mayor of a crime-ridden city in Mexico has been killed less than a week after taking office, the latest in a string of violent attacks targeting politicians in the country.

The killing of Alejandro Arcos, who took office as the mayor of Chilpancingo on October 1, comes just days after the city government’s secretary Francisco Tapia was shot to death, and has renewed concerns over security in a country that recently held its biggest and most violent general election in history.

On Monday, Mexico’s newly elected President Claudia Sheinbaum called Arcos’ killing “unfortunate” and said that her security cabinet would on Tuesday explain “with more details” the actions being taken to address the nation’s security problems.

“We will roll out the general strategy. We will work in some states with more presence, intelligence, and investigation in collaboration with the governors,” Sheinbaum said during her daily press conference.

Chilpancingo is the capital of Guerrero, a state with a reputation for violent crime which is also home to the tourist hot spot Acapulco.

The state governor Evelyn Salgado has condemned the killing and vowed to hold to account those responsible. “His loss is mourned by the entire Guerrero society and fills us with indignation,” Salgado wrote on X.

However, the violence facing Mexican politicians stretches far beyond Guerrero, as was demonstrated by the historic June 2 election that took Sheinbaum to power.

With 20,000 electoral positions up for grabs, the scale of bloodshed committed by those attempting to influence the vote was unprecedented.

During campaign season, at least 34 political candidates were assassinated by criminal organizations. And the violence did not stop there. Just hours after Sheinbaum’s election, the woman mayor of a town in western Mexico was shot dead.

According to a report by Integralia Consultants, criminal organizations in Mexico center politically motivated attacks at the municipal level because mayors can offer them impunity due to their links with law enforcement and the local economy.

It says that criminal gangs often finance campaigns during election season, intimidating candidates and violently intervening to compel politicians to cooperate with them.

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