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North Korea has sent 3,000 more soldiers to bolster Russia’s war on Ukraine, South Korea says

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North Korea appears to have sent at least 3,000 more soldiers to Russia early this year, South Korea’s military said Thursday, demonstrating Pyongyang’s continued support for Moscow’s war on Ukraine as world leaders push for an end to the three-year conflict.

The reinforcements, sent in January and February, add to the roughly 11,000 troops North Korea has sent to Russia so far, South Korea’s Joint Chiefs of Staff said. About 4,000 of them have been killed or injured in combat, according to Seoul.

Pyongyang has also sent a “significant amount” of short-range ballistic missiles and about 220 pieces of 170-millimeter self-propelled howitzers and 240-millimeter multiple rocket launchers, South Korea said. It said the North’s contributions are “expected to increase according to the situation.”

News of North Korea’s continued support of Russia’s incursion comes as European leaders and allies are set to meet in Paris Thursday to discuss support for Ukraine and long-term stability in the region, amid shaky efforts by the White House to broker a ceasefire.

Following talks in Saudi Arabia this week, the US said both Russia and Ukraine agreed to stop using force in the Black Sea and uphold a previously announced pause on attacks against energy infrastructure. But Russia introduced some far-reaching conditions for signing up to the partial truce, which falls far short of a 30-day full ceasefire initially proposed by the White House.

The Kremlin said it would only implement the agreements once sanctions on its banks and exports are lifted, showing the significant gulf in expectations between the negotiating parties.

North Korean leader Kim Jong Un and Russia’s President Vladimir Putin, meanwhile, have been deepening security ties since they signed a landmark defense pact last year and pledged to use all available means to provide immediate military assistance in the event the other is attacked.

Putin’s top security adviser Sergei Shoigu met with Kim last week in Pyongyang, where he conveyed Putin’s “warmest wishes and greetings,” Russian state-run news agency TASS reported.

“He pays the utmost attention to the implementation of agreements reached with you,” Shoigu told Kim, according to TASS.

Deepening partnership

The United States has warned that Russia may be close to sharing advanced space and satellite technology with North Korea, on top of military equipment and training it is already providing, in exchange for North Korean support for the war in Ukraine.

North Korean troops had been deployed to the Russian region of Kursk to repel Ukraine’s incursion since at least November. But they withdrew from the front lines in January after reports of mass casualties, Ukrainian officials said.

South Korean lawmaker Yoo Yong-won, who visited Ukraine in late February, said about 400 North Korean soldiers in Russia had been killed and about 3,600 injured as of February 26.

Since the war began, North Korea has also sent thousands of shipping containers of munitions or munitions-related material to Russia, and Moscow’s forces have launched North Korea-made missiles on Ukraine, according to US officials.

North Korean medical facilities have also treated hundreds of Russian soldiers injured in Ukraine, Moscow’s ambassador to Pyongyang said in an interview with state-run outlet Rossiyskaya Gazeta in February.

Meanwhile, Russia supplies North Korea with coal, food and medicine, Ambassador Alexander Matsegora told the outlet.

He also said children of Russian troops killed in Ukraine had vacationed in North Korea last summer, and Russia and North Korea are developing student exchanges.

North Korean drones

South Korean officials have echoed US concerns that the deepening partnership between Russia and North Korea could facilitate technology transfers to the Kim regime.

This week, Kim oversaw a test of new AI-powered attack drones, North Korean state-run news agency KCNA reported, and directed that they be further developed “in keeping with the trend of modern warfare.”

Pyongyang also unveiled a new reconnaissance drone that could have partly come from Russia, South Korea’s military said Thursday.

South Korea’s Joint Chiefs of Staff spokesman Lee Seong-jun said that the aircraft model had been modified from an original North Korean plane, but the “internal equipment and such parts could be related to Russia.”

Drones have become a central weapon in the fighting between Russia and Ukraine. The number of Russian drone attacks on Ukraine skyrocketed from just 379 in May 2024 to nearly 2,500 in November.

Amid ongoing talks of a ceasefire, Ukraine and Russia have continued to exchange attacks. Late Wednesday, Russian forces launched a massive drone attack on the northeastern city of Kharkiv, injuring at least nine people and damaging civilian infrastructure, Ukrainian authorities said.

“No country should have to go through this,” Ukrainian President Volodymyr Zelensky said on Telegram following the attack.

In an interview with Newsmax Tuesday, US President Donald Trump said he believes Russia wants to end the war, but “it could be they’re dragging their feet.”

This post appeared first on cnn.com

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Editor's Pick

‘No other land:’ Oscar-winning Palestinian director says settler assault won’t push him from his home

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In a small village in the Hebron hills of the occupied West Bank, Hamdan Ballal stood outside his house in a track suit with a black eye.

He held the hand of his 18-month-old daughter, who stood in a pool of his dried blood.

Things looked quite different for the award-winning director just weeks ago. He had flown to Los Angeles to accept an Oscar for the film, “No Other Land,” a documentary he co-directed about the violence and forced displacement of Palestinian villagers for illegal Israeli settlements in those same hills.

Ballal was attacked by a mob of Israeli settlers in front of his home, in the village of Susya on Monday evening.

“I thought they would kill me,” he said.

Meanwhile, Ballal said, Israeli soldiers soon arrived outside his home, where they shot live rounds into the air.

He said one soldier pushed his rifle into his leg and told him, “’After (shooting) in the air, I will put the shot in your body.’”

After the attack, Ballal and two other Palestinians were taken away by Israeli soldiers and detained in a military facility in the settlement of Kiryat Arba, where he said he was handcuffed, blindfolded and beaten.

The Israeli military called Ballal’s allegations that he was beaten in custody “baseless.”

Attacks on Palestinian farmers and activists in the occupied West Bank are not new.

However, the ferocity of the attack – and Ballal’s subsequent detention – made him feel that the settlers – and the Israeli military – were taking revenge for their film and its international reach.

“At that moment, I thought because of my Oscar, they wanted to kill me,” he said.

In detention, Ballal, who doesn’t speak Hebrew, said he heard the soldiers laughing when they said his name and the word “Oscar.”

The Israeli military said the Palestinian detainees were given medical treatment and “handcuffed in accordance with operational protocol.”

They accused Ballal of throwing stones at soldiers and said that he had been detained on suspicion of rock hurling, property damage, and endangering regional security.

“They change everything,” Ballal said of the military’s interpretation of the events.

“Why did the settlers come here to my house? To say hi to me? Or to give me flowers? No, they came here to attack, to kill, to push you to leave your home,” he said, adding that many Palestinian villagers eventually leave their homes after years of sustained violence.

“When they have the law in their hand, they can do whatever they want,” Ballal said of the settlers, underscoring what multiple human rights organizations have said about Israel’s role in backing settler violence – and settler impunity.

Amnesty International has called settler violence “part of a decades long state-backed campaign to dispossess, displace and oppress Palestinians in the occupied West Bank, including East Jerusalem, under Israel’s system of apartheid,” and that “Israeli forces have a track record of enabling settler violence.”

Behind his house, Ballal looked to his fields, where a perimeter of settler outposts were visible. He said that his family haven’t farmed much since Israel’s war in Gaza began following Hamas’ October 7, 2023 attacks on Israel.

“We didn’t plow it after October 7 because of the danger from the settlers,” he said.

Settler outposts are often established by Israeli settlers on hilltops with a few caravans and sometimes livestock to mark their claim.

Such land grabs go hand-in-hand with an escalation in violence by Israeli security forces and settlers against Palestinians, paving the way for settlement expansion, which is documented in Ballal’s film.

That violence has become even worse since the re-election of US President Donald Trump, a staunch supporter of Israeli Prime Minister Benjamin Netanyahu and his government’s settlement expansion policy in the West Bank, activists say.

In early January, Trump rescinded Biden-era sanctions on far-right settler groups and individuals accused of involvement in violence against Palestinians in the occupied West Bank. And during his first term, Trump abandoned the long-held position that Israeli settlement expansion in occupied Palestinian territories are illegal, contrary to most international law.

From January 2024 to 2025, at least 1,420 incidents of settler violence in the occupied West Bank were recorded, according to the United Nations Office for the Coordination of Humanitarian Affairs (OCHA). Those incidents include settlers reportedly killing five Palestinians, including a child, and injuring 360 others, including 35 children, according to OCHA.

More than 26,100 Palestinian-owned trees – which are vital to the local economy – were also vandalized in that period, OCHA said.

On Sunday, Netanyahu’s cabinet approved a plan to separate and legalize 13 settlement outposts in the occupied West Bank, a move that his far-right finance minister Bezalel Smotrich hailed as a move toward what he called “actual sovereignty” in the West Bank.

For Ballal, the assault – and Netanyahu’s moves – are even more of a reason to continue to fight for his community.

“I brought myself in this circle (of activism and filmmaking) because of my community, my villages – I need justice for them. Because of that, we made this movie, to bring attention to what’s happening in this area and what is happening there.”

Later in the afternoon, settlers brought their cows and sheep to graze on the farm next to Ballal’s land.

The settlers were accompanied by Israeli soldiers.

Ballal said that no amount of intimidation – from settlers or from the government – will push him from his home.

Standing under the sun, he added: “No other home. No other land.”

This post appeared first on cnn.com

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Stock Market Momentum Slows Down: What This Means for Investors

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The stronger-than-expected Services PMI reported on Monday injected optimism into the stock market. There was also some relief as news hit that the April 2 implementation of tariffs may be scaled back.

On Tuesday, however, the market hit the brakes and stalled the upside momentum. Consumer confidence fell by 7.2 points in March, a sign that U.S. consumers are worried about the economic outlook. This, along with uncertainty about tariffs and other policies, will likely remain the focus in investors’ minds.

The bigger focus should be on whether the recent upside move in the broader stock market indexes has legs. Let’s shift our attention to the charts of the broader markets.

The Technical Picture

In the daily chart of the S&P 500 below, the index crossed above its 200-day simple moving average (SMA) on Monday, a big hurdle for the index to overcome. Alas, the lack of follow-through on Tuesday could mean the 200-day may now act as a support level. The index could also bust through its January lows and start moving up toward its 50-day SMA.

FIGURE 1. S&P 500 INDEX BROKE ABOVE 200-DAY SIMPLE MOVING AVERAGE. Will the index break above its January lows? That would be the next big hurdle.Chart source: StockCharts.com. For educational purposes.

Market breadth is showing signs of expanding, with the S&P 500 Bullish Percent Index above 50, the NYSE Advance-Decline Line starting to trend higher, and the percentage of S&P 500 stocks trading above their 200-day SMA shy of 50%.

The picture isn’t as positive for the Nasdaq Composite as it is for the S&P 500. The Nasdaq is approaching its 200-day SMA, and market breadth is showing signs of improvement, although slight (see chart below).

FIGURE 2. DAILY CHART OF THE NASDAQ COMPOSITE. The index is approaching its 200-day SMA while its breadth is showing slight signs of expanding.Chart source: StockCharts.com. For educational purposes.

Of the three broader indexes, the Dow is the one showing the most promising upside move (see chart below). Like its close cousins, it crossed above its 200-day SMA, but its market breadth has expanded more than the S&P 500 and Nasdaq. Its BPI is at 60 and the A-D Line is relatively high. The percentage of Dow stocks trading above their 200-day SMA is at 19%, but remember, the Dow has only 30 stocks in the index.

FIGURE 3. DAILY CHART OF THE DOW JONES INDUSTRIAL AVERAGE. The 200-day SMA is now a support level. All three breadth indicators are showing signs of rising.Chart source: StockCharts.com. For educational purposes.

Small-cap stocks have lagged the larger indexes and, even though the S&P 600 Small Cap Index ($SML) bounced off its March 13 low, there’s not enough follow-through to carry small caps higher. Replace the symbol in any of the above charts with $SML.

Bonds turned around on Tuesday in response to the weaker consumer confidence data. The 10-year U.S. Treasury Yield Index ($TNX) rose until the consumer confidence data was released, after which it slid lower. This was the move that should have raised eyebrows.

Bond Yields Also Teeter-Totter

Movements in Treasury yields are very telling about the state of the economy. To keep tabs on the movement in Treasury yields and the U.S. dollar, investors should monitor the Japanese yen. This may not be something you usually look at, but, given we’re in an environment where conditions change from one day to the next, it’s helpful to add a chart of the U.S. dollar relative to the yen in your ChartLists.

The daily chart of $USDJPY below has an overlay of the 21-day exponential moving average (EMA). The bottom panel monitors the performance of the 10-year yields.

FIGURE 4. DAILY CHART OF THE U.S. DOLLAR VS. JAPANESE YEN. The currency pair gives an idea of the overall health of the U.S. economy.Chart source: StockCharts.com. For educational purposes.

Generally, when U.S. Treasury yields fall, the U.S. dollar weakens relative to the yen. On Monday, the dollar rose relative to the yen when equities and Treasury yields rose, but fell on Tuesday, in conjunction with the fall in yields. You can see the close correlation between the two in the chart above.

On Monday, $USDJPY broke above the 21-day EMA. On Tuesday, the EMA acted as a support level. Can the dollar hold on to this support level and continue to strengthen relative to the yen? Yields generally rise when the economy is growing, so monitoring this chart regularly will give you a general idea of how the U.S. economy is performing.

Other Market Activity

Sector rotation was all over the place, moving back and forth from offensive to defensive. On Tuesday, Utilities, Health Care, and Real Estate were the worst-performing sectors. Communication Services, Consumer Discretionary, and Financials were the best-performing sectors. However, the change was modest, so there’s not enough to confirm a move from offensive to defensive or vice versa.

Closing Bell

Overall, the market isn’t showing convincing directional movement. Tuesday’s market activity was a bit like watching paint dry—not too exciting relative to what we have seen in the last few weeks. The upside move we saw since Friday seems to have slowed. The Cboe Volatility Index ($VIX) eased and closed at around 17, so today’s lackluster price movement didn’t do anything to make investors fearful.

The most important data this week will probably be the February PCE, which is released on Friday. Let’s see if that stirs things up.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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High-Grade Discoveries Enhance Scale of Pelé Project

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Brazilian Rare Earths Limited (ASX: BRE) (OTCQX: BRELY / OTCQX: BRETF) is pleased to report the results of exploration drilling at the Pelé Target 1 Project, located in Bahia, Brazil.

New discovery of high-grade REE-Nb-Sc-Ta-U mineralisation

  • High-grade diamond drill results at Pelé Target 1 returned assays of up to 13.5% TREO:
    • NdPr: 23,217 ppm | DyTb: 938 ppm | Nb2O5: 5,011 ppm | Sc2O3: 381 ppm | Ta₂O₅: 248 ppm | U3O8: 1,100 ppm
  • High-grade REE-Nb-Sc-Ta-U from shallow depths (~20 m) extending to vertical depths of ~70 m
  • Drillhole TG1DD0004 returned 29.8 m of a cumulative downhole mineralisation, including 15.3 m at 9.1% TREO from 25.6 m depth, with grades of:
    • NdPr: 15,617 ppm | DyTb: 692 ppm | Nb₂O₅: 1,861 ppm | Sc₂O₃: 231 ppm | Ta₂O₅: 94 ppm | U₃O₈: 754 ppm
  • Auger drilling continues to discover extensive, near-surface horizons of high-grade monazite sands, with grades of up to 7.9% TREO and assays of up to 11,681ppm NdPr and 580 ppm DyTb

Pelé Target 1 discoveries extend high-grade mineralised trendline to 10 km

  • Pelé is confirmed as a major district-scale rare earth exploration project located ~60 km southwest of BRE’s Monte Alto project in Bahia, Brazil, and covers an exploration area over 60 times larger than Monte Alto
  • Recent exploration has focussed primarily on Pelé Target 1 – one of five large exploration target areas within the larger Pelé Project area – delivering new discoveries of high-grade rare earth outcrops with grades of up to 17.7% TREO and high-grade monazite sands with grades of up to 8.5% TREO
  • New outcrop discoveries of high-grade REE-Nb-Sc-Ta-U mineralisation significantly extend the mineralised strike at Pelé Target 1 to over 10 km
  • Brazilian Rare Earths now controls three major confirmed projects – Monte Alto, Sulista and Pelé – each demonstrating significant diamond drill intersections of high-grade REE-Nb-Sc-Ta-U mineralisation

The Pelé Project is hosted within the Volta do Rio Plutonic Suite, a large-scale magmatic system that extends over 180 km in Bahia, Brazil. Brazilian Rare Earths has confirmed the exploration potential of the province with multiple discoveries of ultra-high-grade mineralisation, including rare earth elements (REE), niobium (Nb), scandium (Sc), tantalum (Ta), and uranium (U).

Pelé Target 1 has the largest expanse of weathered REE-Nb-Sc-U outcrops discovered since exploration commenced at the Rocha da Rocha rare earth province. New geological mapping, 75 line-km of ground gamma stations and 162 new outcrop samples highlights that REE-Nb-Sc-Ta-U mineralisation repeats along eastern and western limbs of a regional structural fold that now extends over 10 km at the project.

Successful diamond drilling at Pelé Target 1

The new drilling results are from 10 diamond core holes totalling 901 metres and 100 auger drill holes totalling 1,095 metres. Assays are pending for a further 19 auger holes totalling 243 metres.

High-grade, hard rock REE-Nb-Sc-Ta-U mineralisation was intersected from shallow depths with assay grades of up to 13.5% TREO. High grades of neodymium and praseodymium were recorded, with grades up to 23,217 ppm NdPr, as well as high grades of dysprosium and terbium of up to 938 ppm DyTb.

Click here for the full ASX Release

This post appeared first on investingnews.com

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Edjudina Gold Project, WA – Permitting Application to Mine Neta Prospect Lodged

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Gibb River Diamonds Limited (ASX:GIB) has announced Edjudina Gold Project, WA – Permitting Application to Mine Neta Prospect Lodged.

  • Gibb River Diamonds Limited (‘GIB’ or the ‘Company’) is pleased to announce that a Mining Proposal covering the Edjudina Gold Project (GIB 100%) has been lodged with the West Australian Mines Department (DEMIRS)
  • The aim of the ‘Mining Proposal For Small Mining Operations’ is to permit mining of the Neta Prospect, part of the Edjudina Gold Project, which is on granted mining lease M31/495
  • The Indicated and Inferred Resource JORC resource at the Neta Prospect is 378,000 tonnes @1.9 g/t for 24,000 Oz Au and includes an Indicated Resource of 110,000 tonnes @ 2.2g/t for 8,000 Oz Au1
  • It is the primary focus of GIB to mine or otherwise monetise this Neta resource as soon as is practicable. The lodging of this Mining Proposal is an important step forward in achieving this aim
  • Once granted, the Mining Proposal will permit for a Mine and Haul operation to be conducted at the Neta Gold Prospect, using toll treatment at a third-party mill (pending commercial contracts). This is the Company’s current priority.
  • The Company is currently communicating with the WTAC Native Title group to finalise a date for a heritage survey to be conducted at the Edjudina Project. It is anticipated that this heritage survey will take place sometime in April 2025. This survey will assist in facilitating both mining at the Neta Prospect and the drilling of new exploration targets in the Company’s recently acquired and highly prospective mining lease M31/481, adjacent to the proposed Neta mining area
  • Discussions are ongoing with various West Australian groups which specialises in mine, haul and toll milling gold operations

NB: it is anticipated that subsequent to the commencent of mining, from time to time, that additional permitting will be required at Edjudina. It is not the intention of GIB to report to the ASX permitting applications, or re-submissions, which the Company does not consider to be material, but are a routine part of permitting mining operations.

About the Edjudina Gold Project

GIB’s Edjudina Gold Project is 145km north east of Kalgoorlie and is located in the heart of the Eastern Goldfields of WA. The project comprises multiple parallel lines of nearly continuous historic gold workings over a 13km strike in which high grade veins have been worked2. A haul road owned and operated by Northern Star Resources Limited runs through the north of the project directly to the Carosue Dam milling complex 45 km to the south.

Click here for the full ASX Release

This post appeared first on investingnews.com

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Terms of Reference for Enviromental Study Provided for Mannar Heavy Mineral Project

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Titanium Sands Limited (“TSL”) is pleased to announce the progression of the approval processes for its Mannar Heavy Mineral Project in Sri Lanka, following the release by the CEA of the Terms of Reference for the Mannar Island Environmental Impact Assessment (EIA).

  • Central Environment Authority (CEA) has provided the Terms of Reference (ToR) for the environmental assessment of the Mannar Heavy Mineral Project following site visits and input from 35 regulatory bodies and government departments
  • The ToR contains the requirements for the environmental studies for an Environmental Impact Assessment (EIA)
  • On completion of the EIA, the Geological Survey and Mines Bureau (GSMB) will then be in a position to issue an Industrial Mining License (IML) for the Project
  • The ToR outlines environmental, heritage, social and economic requirements necessary for GSMB approval of the IML
  • TSL is focused on delivering economic benefits to the people of Mannar, through job creation and generational wealth, while preserving cultural heritage and protecting the environment

The release of the ToR on 20 March 2025 followed a series of CEA meetings and presentations, culminating in the Scoping Presentation on 22 August 2024 and the Scoping Site Visit on 19 February 2025 by stakeholders in the Project. Submissions made by stakeholders at both the scoping meetings have been included in the ToR which forms the basis of the requirements of the EIA.

TSL’s Managing Director, Dr James Searle said“the release of the ToR is a significant step forward in the regulatory approvals process for this Project. The Project will deliver a high-grade mineral sands operation that will create significant employment opportunities and become a source of wealth for local communities, as well as a significant boost in revenues to the Government of Sri Lanka.

TSL is focused on delivering a low impact environmentally friendly project, with the highest levels of social awareness and inclusion. As heavy minerals have been mined for decades on the Sri Lankan mainland, TSL looks forward to building on the size and quality of the industry making a significant impact to the economic benefits of Sri Lanka”.

Next Steps

ToR

The ToR has been prepared on input from 35 departments and regulatory bodies within Sri Lanka’s Government. TSL’s EIA consultants will be required to address the following as outlined in the ToR:

  • Overview of the proposed project and reasonable alternatives
  • Report on existing environment and surrounds
  • Report on anticipated environmental impacts
  • Prepare an Environmental Management Plan (EMP) and monitoring program
  • Assess all aspects of nature and wildlife restrictions
  • Host community consultation and engagement.

The ToR also requires a report on any areas beyond the project site where there is potential for environmental impacts.

Environmental Impact Assessment

The EIA process will commence immediately. The EIA consultants will now be in a position to prepare a draft EIA to address the requirements of the ToR. The EIA will address baseline and impact assessments, mitigation measures and proposed strategies and management plans culminating in an efficient and environmentally successful project. The final EIA submission for GSMB review and approval is expected mid 2025, with support from government agencies and community groups.

As part of the EIA process, community consultation and comment will be undertaken with Mannar communities ensuring any other issues or concerns are addressed in the EIA.

Recent meetings with all of CEA, GSMB and Board of Investment (BoI) in Sri Lanka have led to the understanding that on completion of the EIA, formal IML approval would be granted in a timely manner.

Click here for the full ASX Release

This post appeared first on investingnews.com

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SCRi Announces Seventh Consecutive Quarter of Revenue Growth Averaging 300% Year on Year

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(TheNewswire)

All figures are stated in Canadian dollars unless otherwise noted.

TORONTO, ON TheNewswire – March 26, 2025 Silver Crown Royalties Inc. ( Cboe: SCRI, OTCQX: SLCRF, BF: QS0 ) ( ‘Silver Crown’ ‘SCRi’ the ‘Corporation’ or the ‘Company’ ) is pleased to announce the release of its financial results for the year ended December 31, 2024. The Company has filed its audited consolidated financial statements, management’s discussion & analysis and annual information form for the year ended December 31, 2024 on SEDAR+ ( www.sedarplus.ca ) and will be uploading these filings to its website today.

In the fourth quarter of fiscal 2024, SCRi recorded revenue of $234,702 based on the minimum aggregate quarterly payments of the cash equivalent (‘ Minimum Payments ‘) of 5,500 silver ounces under its royalties compared to the previous quarter’s revenue of $164,425 that was based on Minimum Payments of 4,245 silver ounces. SCRi revenue for the fourth quarter of fiscal 2023 was $52,976 based on Minimum Payments of 1,837 silver ounces.

Silver Ounce and Revenue Growth Profile

Source: SEDAR+, company filings

Summary of Quarterly Results

Three months ended December 31, 2024

Three months ended September 30, 2024

Three months ended December 31, 2023

Attributable Silver Ounces

5,500 1

4,245

1,837

% change (Q/Q and Y/Y)

30%

199%

Revenue

$234,702

$164,425

$52,976

% change (Q/Q and Y/Y)

43%

343%

1 Note: The Minimum Payment due for the fourth quarter of fiscal 2024 on the Company’s royalty on the PGDM Complex owned by a
subsidiary Pilar Gold Inc. remains overdue and outstanding.

Peter Bures, Silver Crown’s Chief Executive Officer, commented, ‘I’m happy to announce that Q4 of 2024 marks our seventh consecutive quarter of growth in revenue that is based on underlying silver ounces earned under various royalty agreements. This milestone reflects our ability to execute our strategy as well as the drive and dedication of our team. Looking back, our full-year 2024 revenue has climbed to $581,337 from $124,772 in 2023, a 366% increase – a significant achievement for our team and shareholders. We note that with the early payment of the PPX/Igor 4 royalty, Q1 2025 is expected to be another record silver payment and revenue quarter.’

ABOUT Silver Crown Royalties INC.

Founded by industry veterans, Silver Crown Royalties ( Cboe: SCRI | OTCQX: SLCRF | BF: QS0 ) is a publicly traded, silver royalty company. Silver Crown (SCRi) currently has four silver royalties of which three are revenue-generating. Its business model presents investors with precious metals exposure that allows for a natural hedge against currency devaluation while minimizing the negative impact of cost inflation associated with production. SCRi endeavors to minimize the economic impact on mining projects while maximizing returns for shareholders. For further information, please contact:

Silver Crown Royalties Inc.

Peter Bures, Chairman and CEO

Telephone: (416) 481-1744

Email: pbures@silvercrownroyalties.com

FORWARD-LOOKING STATEMENTS

This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, ‘ We note that with the early payment of the PPX/Igor 4 royalty, Q1 2025 is expected to be another record silver payment and revenue quarter’- . Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRi will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRi’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRi to its royalty interests; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi’s business, operations and financial condition, loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

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Silver Tiger Metals Inc. Announces Bought Deal Financing

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Silver Tiger Metals Inc. (TSXV: SLVR) (OTCQX: SLVTF) (the ‘Company‘ or ‘Silver Tiger’) is pleased to announce it has entered into an agreement with Stifel Canada and Desjardins Capital Markets, to act as co-lead underwriters (together, the ‘Co-Lead Underwriters’) and joint bookrunners (together with a syndicate of underwriters, the ‘Underwriters’) pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 45,455,000 common shares of the Company (the ‘Common Shares’) at a price of C$0.33 per Common Share (the ‘Offering Price’) for gross proceeds to the Company of approximately C$15,000,150 (the ‘Offering’).

The Company will grant the Underwriters an option, exercisable, in whole or in part, at any time until and including 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering. If this option is exercised in full, an additional C$2,250,023 in gross proceeds will be raised pursuant to the Offering and the aggregate gross proceeds of the Offering will be approximately C$17,250,173.

The Company plans to use the net proceeds from the Offering to fund exploration and development expenditures at the Company’s El Tigre Project in Mexico, as well as for working capital and general corporate purposes. The Common Shares will be offered by way of a short form prospectus to be filed in all provinces of Canada, except Québec. The Common Shares will also be sold to U.S. buyers on a private placement basis pursuant to an exemption from the registration requirements in Rule 144A of the United States Securities Act of 1933, as amended, and other jurisdictions outside of Canada provided that no prospectus filing or comparable obligation arises.

The Offering is scheduled to close on or about April 14, 2025 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the securities regulatory authorities.

The Preliminary and Final Prospectus’ will be filed with the securities commissions in each of the provinces of Canada, except Quebec, and will be available on SEDAR+ at www.sedarplus.ca. Alternatively, the Preliminary and Final Prospectus’ may be obtained upon request by contacting the Company or Stifel in Canada, attention: ProspectusCanada@stifel.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the ‘1933 Act’) and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and application state securities laws.

About Silver Tiger and the El Tigre Historic Mine District

Silver Tiger Metals Inc. is a Canadian company whose management has more than 25 years’ experience discovering, financing and building large hydrothermal silver projects in Mexico. Silver Tiger’s 100% owned 28,414 hectare Historic El Tigre Mining District is located in Sonora, Mexico. Principled environmental, social and governance practices are core priorities at Silver Tiger. The El Tigre historic mine district is located in Sonora, Mexico and lies at the northern end of the Sierra Madre silver and gold belt which hosts many epithermal silver and gold deposits, including Dolores, Santa Elena and Las Chispas at the northern end. In 1896, gold was first discovered on the property in the Gold Hill area and mining started with the Brown Shaft in 1903. The focus soon changed to mining high-grade silver veins in the area with production coming from 3 parallel veins the El Tigre Vein, the Seitz Kelley Vein and the Sooy Vein. Underground mining on the middle El Tigre vein extended 1,450 meters along strike and was mined on 14 levels to a depth of approximately 450 meters. The Seitz Kelley Vein was mined along strike for 1 kilometer to a depth of approximately 200 meters. The Sooy Vein was only mined along strike for 250 meters to a depth of approximately 150 meters. Mining abruptly stopped on all 3 of these veins when the price of silver collapsed to less than 20¢ per ounce with the onset of the Great Depression. By the time the mine closed in 1930, it is reported to have produced a total of 353,000 ounces of gold and 67.4 million ounces of silver from 1.87 million tons (Craig, 2012). The average grade mined during this period was over 2 kilograms silver equivalent per ton. The El Tigre silver and gold deposit is related to a series of high-grade epithermal veins controlled by a north-south trending structure cutting across the andesitic and rhyolitic tuffs of the Sierra Madre Volcanic Complex within a broad silver and gold mineralized prophylitic alteration zone developed in the El Tigre Formation that can be up to 150 meters wide. The veins dip steeply to the west and are typically 0.5 meter wide but locally can be up to 5 meters in width. The veins, structures and mineralized zones outcrop on surface and have been traced for 5.3 kilometers along strike in our brownfield exploration area. Historical mining and exploration activities focused on a 1.6 kilometer portion of the southern end of the deposits, principally on the El Tigre, Seitz Kelly and Sooy veins. The under explored Caleigh, Benjamin, Protectora and the Fundadora exposed veins continue north for more than 3 kilometers. Silver Tiger has delivered its maiden 43-101 compliant resource estimate and is currently drilling to update its resource estimate and publish a PEA

VRIFY Slide Deck and 3D Presentation – Silver Tiger’s El Tigre Project

VRIFY is a platform being used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D models and interactive presentations. VRIFY can be accessed by website and with the VRIFY iOS and Android apps. Access the Silver Tiger Metals Inc. Company Profile on VRIFY at: https://vrify.com The VRIFY Slide Deck and 3D Presentation for Silver Tiger Metals Inc. can be viewed at: https://vrify.com/explore/decks/492 and on the Corporation’s website at: www.silvertigermetals.com.

Procedure, Quality Assurance / Quality Control and Data Verification

The diamond drill core (HQ size) is geologically logged, photographed and marked for sampling. When the sample lengths are determined, the full core is sawn with a diamond blade core saw with one half of the core being bagged and tagged for assay. The remaining half portion is returned to the core trays for storage and/or for metallurgical test work. The sealed and tagged sample bags are transported to the Bureau Veritas facility in Hermosillo, Mexico. Bureau Veritas crushes the samples (Code PRP70-250) and prepares 200-300 gram pulp samples with ninety percent passing Tyler 200 mesh (Code PUL85). The pulps are assayed for gold using a 30-gram charge by fire assay (Code FA430) and over limits greater than 10 grams per tonne are re-assayed using a gravimetric finish (Code FA530). Silver and multi-element analysis is completed using total digestion (Code MA200 Total Digestion ICP). Over limits greater than 100 grams per tonne silver are re-assayed using a gravimetric finish (Code FA530). Quality assurance and quality control (‘QA/QC’) procedures monitor the chain-of-custody of the samples and includes the systematic insertion and monitoring of appropriate reference materials (certified standards, blanks and duplicates) into the sample strings. The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data. All results stated in this announcement have passed Silver Tiger’s QA/QC protocols.

Qualified Person

David R. Duncan, P. Geo., V.P. Exploration of the Corporation, is the Qualified Person for Silver Tiger as defined under National Instrument 43-101. Mr. Duncan has reviewed and approved the scientific and technical information in this press release.

CAUTIONARY STATEMENT:

Neither 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 release. This News Release includes certain ‘forward-looking statements’. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization, resources and reserves, the ability to convert inferred resources to indicated resources, the ability to complete future drilling programs and infill sampling, the ability to extend resource blocks, the similarity of mineralization at El Tigre to Delores, Santa Elena and Chispas, exploration results, and future plans and objectives of Silver Tiger, are forward-looking statements that involve various risks and uncertainties. Forwardlooking statements are frequently characterized by words such as ‘may’, ‘is expected to’, ‘anticipates’, ‘estimates’, ‘intends’, ‘plans’, ‘projection’, ‘could’, ‘vision’, ‘goals’, ‘objective’ and ‘outlook’ and other similar words. Although Silver Tiger believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, there can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Silver Tiger’s expectations include risks and uncertainties related to exploration, development, operations, commodity prices and global financial volatility, risk and uncertainties of operating in a foreign jurisdiction as well as additional risks described from time to time in the filings made by Silver Tiger with securities regulators.


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Canada needs to look after itself, leader says, as US intelligence allies closely watch war plans leak fallout

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Canadian Prime Minister Mark Carney said Canada must “look out for (itself)” as the fallout over top US officials sharing military operation details inside a popular messaging app reverberates among key intelligence allies and partners.

“It’s a serious, serious issue and all lessons must be taken from any of those, including in this circumstance,” Carney told reporters on a campaign trail stop in Halifax, Nova Scotia Tuesday ahead of the country’s April 28 election.

Canada has long been one of the US’s closest allies, though the relationship has deteriorated in recent months since President Donald Trump threatened to enact sweeping tariffs on Canadian goods and annex the country as the “51st state.”

“We have a very strong intelligence partnership with the Americans through Five Eyes,” Carney said, referring to the intelligence-sharing alliance between Canada, the US, the United Kingdom, Australia and New Zealand.

“Mistakes do happen, but what’s important is how people react to those mistakes and how they tighten them up,” Carney said.

Carney said the likely leak of sensitive military plans by senior US officials means Canadians must “look out for ourselves.”

“My responsibility is to plan for the worst, is to think about the most difficult evolution of the new threat environment, what it means for Canada and how do we best protect Canada,” Carney said. “Part of that response is to be more and more Canadian in our defense capabilities, more and more Canadian in our decisions, to take greater ownership.”

Other Five Eyes allies have been tighter lipped about the apparent intelligence leak.

A spokesperson for British Prime Minister Keir Starmer insisted nothing was awry in the UK-US relationship.

“We have a very close relationship with the US on matters of security, defense and intelligence,” spokesman Dave Pares told the Associated Press. “They are our closest ally when it comes to these matters, have been for many years and will be for many years to come.”

France’s foreign ministry said “the United States is our ally, and France intends to continue its cooperation with Washington, as well as with all its allies and European partners, in order to address current challenges — particularly in the area of European security,” according to the AP.

“Australia and the United States engage regularly on implementation of mutually recognised standards for the protection of classified material,” they said in a statement.

A spokesperson for New Zealand Prime Minister Christopher Luxon declined to comment.

This post appeared first on cnn.com

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He has a tattoo celebrating Real Madrid. His lawyer believes it’s why he was deported.

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The two most important things in Jerce Reyes’s life, according to those who know him best, are family and soccer.

The former professional soccer player’s tattoos are a testament to those passions: of a soccer ball and other symbols on his left arm, as well as the names of his two daughters, which were all inked by his friend Victor Mengual.

Little did this Venezuelan player know that some of those drawings would, years later, lead to him being placed in Immigration and Customs Enforcement (ICE) custody in the United States in September.

This month, the 35-year-old was among the hundreds of Venezuelan deportees transferred to El Salvador’s most notorious prison after US President Donald Trump invoked an 18th century law to deport hundreds of undocumented migrants to the Central American country.

Part of the reasoning for Reyes’s deportation, US authorities argue, lies on his arms, which they say is evidence of his membership to an infamous Venezuelan gang, Tren de Aragua.

But Mengual, who works as a tattoo artist in Venezuela and tattooed Reyes twice in 2018 and 2023, says this is all a misunderstanding.

Below the crown, Mengual had tattooed the word “Dios,” which means God in Spanish and is also the nickname of the late Argentinian soccer star Diego Armando Maradona.

Other tattoos Mengual drew on Reyes are the names of his daughters, Isabela and Carla Antonella, a map of Venezuela, a star, and a goalkeeper, his position on the pitch, he said.

US authorities have linked certain tattoos to the criminal group. Guidance on Tren de Aragua from the Texas Department of Public Safety states that tattoos of crowns, roses or stars are all widely used by the gang members, while two of its mottos include the words Real and Dios.

“It’s so unjust!” Mengual despaired. “I’ve read in the news that Tren de Aragua uses crowns or roses, but, so what? I don’t understand why an innocent man has to pay for it?”

‘This is not true’

In southern Mexico, Reyes’s partner denies the accusations against him.

The deportee’s lawyer Tobin said Reyes left the Venezuelan city of Machiques last March following political unrest. He arrived in Mexico and registered on the CBP One app, a Biden-era mechanism for migrants to legally enter the US.

Records show Reyes entered the US on September 1 for an appointment with migration authorities but was immediately detained, accused of being a gangster, and placed in ICE custody.

She also showed reels of Reyes’s performances as a soccer player in Venezuela’s First and Second Divisions.

In December, Reyes and Tobin applied for asylum and withholding of removal and he was granted a hearing to present his case based on the political situation in Venezuela. A few months later, Trump was inaugurated and quickly launched an immigration crackdown.

According to his lawyer, Reyes is still due to appear in front of an immigration judge in San Diego on April 17.

On March 16, Araujo started scrolling through videos shared on social media by the Salvadorean presidency showing the deportees’ arrivals at the Counter-Terrorism Confinement Center (CECOT), a maximum-security prison designed to hold El Salvador’s gangsters.

Amid clips showing deportees frog-marched in white uniforms towards their cell, Araujo was able to spot someone resembling her partner.

The following day Tobin got confirmation that Reyes had indeed been deported. His name later appeared in a list of deportees first published by CBS News, as claims of innocence from the families of the deportees began to sprout across the media.

“He’s innocent, and it’s not only the family who says it, everyone who knows Jerce knows this is not true,” Araujo claims.

A community calls for his release

In Reyes’ hometown Machiques, a small, rural city close to the border with Colombia, his old club Perijaneros FC is starting a campaign to demanding his release.

In footage shared on Instagram and TikTok, children from the soccer school recite a prayer for their former coach, who left town like so many others looking for a better future abroad.

In the last decade, more than eight million Venezuelans have fled economic crisis and political repression under President Nicolas Maduro, who criticized the US and El Salvador for “kidnapping” his fellow citizens last week.

When the news broke that he had been deported to El Salvador, the community was shocked, he said.

“I don’t understand, how can you take a person and put it in a cell without a thorough investigation? How could they not look into this before condemning a person?”

This post appeared first on cnn.com

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