Author

admin

Browsing

 
 

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (‘ FPX ‘ or the ‘ Company ‘) is pleased to report that it has received a multi-year area-based (‘ MYAB ‘) permit from the government of British Columbia to support the renewal of drilling activities at the Baptiste Nickel Project (‘ Baptiste ‘ or ‘ the Project ‘) in 2025.  This year’s drilling program has commenced successfully, targeting the completion of geomechanical, hydrogeological, and condemnation holes to complement the Project dataset for the feasibility study and the Company’s planned entry into the environmental assessment (‘ EA ‘) process in the second half of 2025.

 

  Highlights  

 

  • Receipt of multi-year area-based permit covers all anticipated Baptiste field activities required for the feasibility study (‘ FS ‘) and follows a robust engagement process with nearby First Nations communities before and throughout the permitting process
  •  

  • Phase one FS engineering field investigations to be completed with drilling to occur over an approximate 8-week period beginning in early July
  •  

  • Approximately 2,800 m of geomechanical, hydrogeological, and condemnation drilling is planned around the Project site for this first phase of the FS field program, with most of the meterage focused within the open-pit footprint, focused on long-lead data collection for the EA and FS
  •  

  • Over 75% of fieldwork expenditures are anticipated to be disbursed under the terms of contracts awarded to First Nations-owned or -affiliated businesses operating in central British Columbia  
  •  

‘We are pleased to have received the MYAB permit, which sets the stage for conducting all field activities required for the feasibility study and the commencement of the EA process,’ said Martin Turenne , FPX’s President and CEO. ‘Throughout the permitting process, we have continued to benefit from our collaboration with the government of British Columbia’s Critical Minerals Office, which has played an important role in ensuring a robust engagement process with all impacted First Nations. We continue to build on our inclusive relationships with the multiple First Nations communities connected to the Project, including the proposed mine site and associated off-site infrastructure such as the powerline and access road, and we are proud to support those communities in maximizing their economic participation in this year’s program.’

 

 

  Figure 1 - Baptiste Nickel Project Camp, 2025 (CNW Group/FPX Nickel Corp.) 

 

 

  Feasibility Study Field Work  

 

In connection with the environmental and cultural baseline study works ongoing at Baptiste since 2022, FPX has commenced the first phase of FS engineering field investigations. This year’s program is focused on long-lead data collection that will support the EA process, as well as improved engineering definition within the open-pit footprint.

 

Approximately 2,800 m of geomechanical drilling, hydrogeological drilling, and condemnation drilling is planned around the Project site in 2025, with most of the meterage focused within the open-pit footprint.  The second phase of the FS engineering field investigation program is expected to be undertaken in 2026 and will include resource in-fill drilling, further geomechanical drilling, further hydrogeological drilling, and ex-pit geotechnical drilling. Following the completion of the second phase of engineering field investigations, the FS is expected to be completed in 2027.

 

  Cultural and Environmental Baseline Studies  

 

Cultural and environmental baseline studies have been ongoing for the Baptiste Nickel Project since early 2022 and include surface water hydrology and water quality, wildlife, vegetation, fisheries and aquatics, and archeology programs. Ongoing and expanded programs were completed in 2024 in preparation for the EA process. The 2025 program is continuing to study the Project area, and includes ongoing wildlife, climate, hydrology, water quality and hydrogeology work.

 

The cultural and environmental studies for the Project are being conducted by local First Nations-owned and -affiliated businesses in the Project area. This approach targets the integration of First Nations perspectives into the scoping and execution of these studies and provides a strong collaborative basis for the EA process, which the Company plans to initiate in the second half of 2025.

 

  Daniel Apai , P.Eng., FPX’s Vice President, Projects, FPX’s Qualified Person under NI 43-101, has reviewed and approved the technical content of this news release.

 

  About the Baptiste Nickel Project  

 

The Company’s Baptiste Nickel Project represents a large-scale greenfield discovery of nickel mineralization in the form of a sulphur-free, nickel-iron mineral called awaruite (Ni 3 Fe) hosted in an ultramafic/ophiolite complex.  The absence of sulphur and our ability to connect to the BC Hydro grid means that Baptiste has the potential to be one of the lowest carbon-intensive nickel producers in the world and will produce a very high-grade product that does not require any intermediate smelting or complex refining.  The Baptiste mineral claims cover an area of 453 km 2 west of Middle River and north of Trembleur Lake, in central British Columbia.  In addition to the Baptiste Deposit itself, awaruite mineralization has been confirmed through drilling at several target areas within the same claims package, most notably at the Van Target which is located 6 km to the north of the Baptiste Deposit.  Since 2010, approximately US$55 million has been spent on the exploration and development of Baptiste.

 

FPX has conducted mineral exploration activities to date subject to the conditions of agreements with First Nations and keyoh holders. In 2024, the Province of British Columbia identified the Baptiste Nickel Project as the first project to be included in the Province’s new Critical Minerals Office (‘ CMO ‘) concierge service initiative, a provincial strategy action to enable the prioritization of critical minerals projects in B.C. The CMO initiative is providing an excellent structure to proactively identify and address issues and opportunities ahead of the Project’s entry into the environmental assessment process.

 

  About FPX Nickel Corp.  

 

 FPX Nickel Corp. is focused on the exploration and development of the Baptiste Nickel Project, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company’s website at https://fpxnickel.com/.  

 

On behalf of FPX Nickel Corp.

 

‘Martin Turenne’
Martin Turenne , President, CEO and Director

 

   Forward-Looking Statements   

 

  Certain of the statements made and information contained herein is considered ‘forward-looking information’ within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.  

 

  Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.  

 

 

  FPX Nickel logo (CNW Group/FPX Nickel Corp.) 

 

 

SOURCE FPX Nickel Corp.

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/07/c0114.html  

 

 

 

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Senior advisors to then-President Joe Biden reportedly urged him to hold a debate against President Donald Trump as early as possible in an attempt to highlight Biden’s ‘leadership’ and Trump’s ‘weakness,’ according to a new book. 

The book, ‘2024: How Trump Retook the White House and the Democrats Lost America,’ is set for release Tuesday and claims that Biden’s team dismissed concerns about his age during the 2024 election cycle.  

The book, authored by Josh Dawsey of the Wall Street Journal, Tyler Pager of the New York Times and Isaac Arnsdorf of the Washington Post, says Biden senior advisors wrote up a memo advocating an initial spring debate, followed by a potential second one in early September after Labor Day. 

This strategy would allow Biden to take on Trump before early voting in battleground states kicked off, set the terms of the debate most advantageous for Biden and highlight Biden’s ‘leadership’ in contrast to Trump’s, according to a memo on the matter. 

‘By holding the first debate in the spring, YOU will be able to reach the widest audience possible, before we are deep in the summer months with the conventions, Olympics and family vacations taking precedence,’ Biden’s senior advisors reportedly wrote in an April 15, 2024, memo, published by Politico Playbook. ‘In addition, the earlier YOU are able to debate the better, so that the American people can see YOU standing next to Trump and showing the strength of YOUR leadership, compared to Trump’s weakness and chaos.’

Even so, the book reports that some Biden aides were hesitant about an early debate, with some even advocating that Biden shouldn’t debate Trump at all. Specifically, the book cites a Biden donor who pressed the White House in May 2024 to find a reason to pull Biden from the debates, after the donor reported being ‘alarmed’ by Biden’s behavior at a Chicago fundraiser. 

Meanwhile, the Trump White House said the debate backfired on Biden, and instead, shed light on Biden’s own weaknesses. 

‘The only highlight from the debate was Joe Biden’s inability (to) form a complete sentence,’ White House spokesperson Taylor Rogers said in a Monday statement to Fox News Digital. ‘American voters got a firsthand look at Biden’s weakness, his campaign in chaos, and what it looks like when real leader is missing from the White House.’ 

‘Unfortunately for the Democrats, no adviser or so-called ‘strategic’ move could save their incompetent candidates and terrible policies from President Trump’s historic, landslide victory,’ Rogers said. 

A spokesperson for Biden did not immediately respond to a request for comment from Fox News Digital. 

Biden and Trump ultimately did face off in a debate on June 27, 2024 – an event that prompted Biden to exit the election in July 2024 and led to Vice President Kamala Harris to take on Trump in November 2024. 

‘2024’ is one of several books that have been released in 2025 detailing Biden’s mental deterioration while in office and how Trump won the election. Another example is the book ‘Original Sin: President Biden’s Decline, Its Cover-up, and His Disastrous Choice to Run Again,’ released May 20. 

This post appeared first on FOX NEWS

The U.S. envoy to Lebanon championed a response issued by Beirut on Monday to a proposal by Washington that detailed the complete disarmament of the Iran-backed terrorist group Hezbollah in exchange for the withdrawal of Israeli troops from its southern region. 

Envoy Thomas Barrack told reporters he was ‘unbelievably satisfied’ with Beirut’s timely response to a June 19 proposal that called for the disarmament of Hezbollah within a four-month timeframe. 

‘What the government gave us was something spectacular in a very short period of time,’ Barrack said following a meeting with Lebanese President Joseph Aoun, who took the top job in January. ‘I’m unbelievably satisfied with the response.’

The news comes as negotiators are also working to end Israel’s war against Hamas in the Gaza Strip after Jerusalem saw itself facing four fronts just last fall with a war on its southern border against Hamas, back-and-forth missile strikes with Iran as well as with the Houthis in Yemen, and a campaign that unfolded in Lebanon.

A truce was struck in Lebanon following a sophisticated pager bombing that targeted hundreds of Hezbollah members across the country in September. 

Hezbollah largely retreated from Lebanon’s southern region and has reportedly relinquished some arms.

But reporting by Reuters on Monday also suggested that Hezbollah may be unwilling to relinquish all its arms and the details of the U.S.-Lebanon agreement that would see the disarmament of the terrorist network remain unknown.

Israeli troops have remained in parts of southern Lebanon to counter what it argues is a continued threat posed by the terrorist network to Israeli communities that live on the northern border, and skirmishes have continued. 

Barrack, who also serves as U.S. ambassador to Turkey and special envoy for Syria, said he believes that, ultimately, Lebanon and Israel share the same goal – peace.

‘The Israelis do not want war with Lebanon,’ he said. ‘Both countries are trying to give the same thing – the notion of a stand-down agreement, of the cessation of hostilities, and a road to peace.’

Barrack also suggested that the Trump administration may look to add Lebanon to the list of nations that have normalized ties with Israel under the Abraham Accords – a chief policy of Trump’s during his first administration and one which he has once again made a top priority. 

Fox News Digital could not confirm whether Beirut is yet interested in that level of diplomacy with its southern neighbor.

But Barrack also suggested that Syria has already begun ‘dialogue’ with Israel. 

‘The dialogue has started between Syria and Israel, just as the dialogue needs to be reinvented by Lebanon,’ he said. ‘If you don’t want change, it’s no problem. The rest of the region is moving at Mach speed and you will be left behind.’

The comments come one week after Israeli Minister of Foreign Affairs Gideon Sa’ar said Jerusalem ‘is interested in expanding the Abraham Accords circle of peace and normalization.

‘We have an interest in adding countries, such as Syria and Lebanon, our neighbors, to the circle of peace and normalization – while safeguarding Israel’s essential and security interests,’ he added, though much of the normalization efforts would depend on Israel ending its war in the Gaza Strip. 

Reuters contributed to this report. 

This post appeared first on FOX NEWS

Democrats are assembling a new policy brain trust called Project 2029, an effort aimed at shaping the party’s long-term vision and regaining electoral strength.

But at a time when there’s widespread agreement that Democrats need fresh ideas and new voices, the inclusion of longtime party insiders — especially former President Joe Biden’s national security advisor Jake Sullivan — is raising eyebrows across the political spectrum.

‘It’s really disappointing to see the lack of self-awareness on Jake’s part,’ said Brett Bruen, former director of global engagement in the Obama White House. ‘Having Jake involved, let alone leading this, will only lead to stupid, superficial changes.’

‘These Democratic leaders need to take a long look in the mirror and understand they played a big part in bringing this situation about — and exit stage left.’

Modeled in name and structure after the Heritage Foundation’s conservative Project 2025, Project 2029 brings together high-profile Democratic veterans to outline a policy road map. After a decade of standing more against President Donald Trump than for anything else, the group is dedicated to helping Democrats define the policies that can win the 2028 election.

The initiative, first reported by The New York Times, is led by longtime Democratic strategist Andrei Cherny and a cast of familiar faces — including Sullivan, Neera Tanden, Biden’s domestic policy advisor; Anne-Marie Slaughter, CEO of New America; Justin Wolfers, University of Michigan economist; Jim Kessler, co-founder of Third Way; and Felicia Wong , former president of the Roosevelt Institute. 

But Sullivan’s role has drawn particular criticism from both Republicans and progressives. 

Sullivan was Biden’s top advisor during the chaotic 2021 withdrawal from Afghanistan, which resulted in the deaths of 13 U.S. service members. He reportedly offered to resign at the time once the evacuation didn’t go as planned. 

He’s also drawn fire for the Biden administration’s failure to help Israel and Hamas reach a lasting ceasefire, and for its Ukraine policy — which, as one European diplomat told Fox News Digital, seemed aimed at letting Ukraine ‘lose slowly.’​​

‘Why isn’t Jake Sullivan working at Chipotle?’ quipped Steven Moore, founder of the Ukraine Freedom Project, on a podcast in 2024. 

‘Jake in his position both as national security advisor and in Biden world is one of the last people on earth that should be involved in a reset for the Democratic Party,’ said Bruen.

Sullivan did not reply to a request for comment by Fox News Digital.

Zohran Momdani’s stunning upset in New York City’s mayoral primary over former Gov. Andrew Cuomo has reignited a debate over whether Democrats on a national level need to start taking progressivism seriously.

‘The people responsible for driving the Democratic Party into a ditch are now asking for the keys again,’ said Joseph Geevarghese, executive director of progressive group Our Revolution. ‘Leaders like Zohran Mamdani are showing what’s possible when you speak directly to working-class pain and stand up to entrenched power.’

Despite the criticism, some Democrats defend Sullivan’s role and believe he could help unify the party.

‘He’s a historic organizer of the diverse lanes of Democratic foreign policy, and he’s done a great job with it,’ said Joel Rubin, a former deputy assistant secretary of state and Democratic strategist. However, Rubin questioned how much real influence Project 2029 will have, especially with no clear 2028 front runner.

‘We’re going to have a wide-open primary,’ Rubin said. ‘Unlike Project 2025, where Republicans had a candidate-in-waiting in Trump, we have no standard-bearer. So Project 2029 is going to be one of many blueprints for what a Democratic administration should do.’

Some argue that figures like Sullivan are better suited to bridge the divide between establishment figures and progressives than any leftist leader. 

‘He’s part of the old guard, but the old guard isn’t that old. There’s a lot of young people,’ one Democratic insider said. ‘You’d be hard-pressed to find people in the progressive lane pulling in establishment folks, whereas the establishment lane is working to pull in progressives.’

Sullivan’s GOP critics also point to his role in promoting now-debunked allegations during the 2016 election.

After a report from Slate claimed Trump Tower maintained a secret server communicating with Russia’s Alfa Bank, Sullivan — then a senior advisor to Hillary Clinton — amplified the claim.

‘This could be the most direct link yet between Donald Trump and Moscow,’ Sullivan said in a statement at the time. ‘This secret hotline may be the key to unlocking the mystery of Trump’s ties to Russia.’

Republicans later accused him of spreading unverified information and misleading the public.

This post appeared first on FOX NEWS

 

 Kobo Resources Inc. (TSX.V: KRI):

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250707763650/en/  

 

 2024 Kobo Cup Winner, Kossou

2024 Kobo Cup Winner, Kossou

 

 

  Kobo Cup  

 

The Kobo Cup was created as a way to launch Kobo Resources’ community engagement efforts in a way that felt local and genuinely rooted in the lives of the people we work alongside. In Côte d’Ivoire, as across much of Africa, football is more than a sport. It’s a shared language, a daily ritual, and a powerful force that brings people together across generations.

 

Despite its modest scale, the Kobo Cup 2024 sparked something powerful. It proved that football could be more than a game; it could be a platform for community connection, for showcasing local identity and for inspiring youth. It showed us what’s possible when we invest in more than just infrastructure, we invest in culture.

 

That initial match planted the seed for a bigger vision: to make the Kobo Cup an annual, community-rooted tournament that grows in both reach and impact each year. That’s why, for the second edition of the Kobo Cup, Kobo Resources has stepped it up, transforming the single match into a dynamic multi-team tournament featuring the villages of Kossou, Bocabo, and Angossé, all located in the vicinity of Kobo’s flagship property The Kossou Gold Project for the 2025 edition, scheduled for late November. This expansion reflects our ongoing commitment to community engagement and inclusion, ensuring more youth, more talent, and more villages get to take part in the celebration.

 

For 2025, we introduced a village jersey design workshop, allowing young people who may never play on the field to still be part of the tournament in a powerful way.

 

  The Workshop  

 

On Monday June 16 th , 2025 at the Kobo Camp situated on the Kossou License, creativity took center stage. A handful of young people from Kossou, Bocabo, and Angossé gathered for an inspiring art workshop, hosted by Kobo Resources in partnership with African Boyz Club, to design the official jerseys their villages will proudly wear at Kobo Cup 2025.

 

This workshop marked more than a moment of artistic expression. It was the beginning of something bigger: a celebration of identity, talent, and the belief that everyone, on and off the field, has a role to play in the story of their community.

 

The session began with freehand sketching. Pens, pencils, and blank pages quickly filled with bold symbols, vibrant colors, and personal visions, each design inspired by the history, culture, and energy of the youth’s own communities.

 

The workshop was led by two Ivorian artists from African Boyz Club, who brought not only artistic expertise but a deep understanding of how art can empower. They guided the youth through a process that was both creative and intentional, encouraging them to think of their designs as visual representations of village pride, unity, and voice.

 

Each village’s final jersey design was converted into a professional tech pack by Kobo’s design team. These original creations will be produced and unveiled for the upcoming Kobo Cup tournament, bringing authenticity, pride, and ownership to the pitch like never before.

 

  More Than a Match  

 

At Kobo Resources, our commitment to community runs deeper than development. This initiative reflects our belief in youth empowerment, cultural expression, and meaningful local engagement. It’s part of our broader Corporate Social Responsibility (CSR) vision, one that celebrates not just what we do, but how and with whom we do it.

 

This entire journey, from creative expression in June to athletic excellence later this year, is enhanced by incredible local partnerships:

 

  •   African Boyz Club , a company based in Abidjan, is leading the way in the youth workshop, offering creative guidance and mentorship as the children design jerseys and create transfer art rooted in their local experiences.
  •  

  •   Coast 2 Coast Entertainment is playing a key role in the tournament itself, by providing high-quality football equipment to every player across all participating teams. This ensures that when it’s time to step on the pitch, every player is equally equipped and ready to play, no matter where they come from.
  •  

Together, these partners help Kobo Resources ensure that both the workshop and the tournament reflect our shared values: inclusion, fairness, and celebration of local talent.

 

Both partners, led by Ivorian men deeply connected to their communities, embody the spirit of the Kobo Cup: grassroots empowerment, local talent, and sustainable contribution. Through art they’re helping transform the Kobo Cup into a space where creativity, culture, and sport intersect.

 

  Kobo is proud to sponsor the Kobo Cup for its second year and even more so with local partners such as African Boyz Club and Coast 2 Coast Entertainment. Our commitment to maintaining strong community relations is being reflected through the organization of such sporting events which in turn help infuse a sense of hope that anything is possible in this world through selfless engagement. – Edward Gosselin, CEO, Kobo Resources.   

 

  Football became a tool for social transformation, a universal language that unites, inspires, and opens real pathways for youth in Côte d’Ivoire. We’re proud to support young players by making sure every player steps onto the field equipped, equal, and inspired. – Cheikh-Louis Tall, CEO, Coast 2 Coast   

 

  To us like sport, art is a highway to a better tomorrow by winning self- confidence and developing curiosity. Through our involvement in the Kobo Cup, we’re proud to guide young people as they turn their ideas into symbols of village pride, unity, and expression. – Fred Gnaoré, Founder, African Boyz Club   

 

At Kobo Resources, community integration is more than a commitment, it’s a cornerstone of how we work. Through initiatives like this workshop, we aim to create opportunities that go beyond the project and stay rooted in the lives of those around us.

 

As the countdown to Kobo Cup 2025 begins, the energy is already building. And when the players step onto the field, they’ll wear more than a jersey, they’ll wear a story, designed by the youth, for the village, and for the future.

 

About Kobo Resources Inc. 

 

 Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d’Ivoire, one of West Africa’s most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

 

For more information, please visit www.koboresources.com .

 

  

 

  View source version on businesswire.com:    https://www.businesswire.com/news/home/20250707763650/en/   

 

 

For further information:

 

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com  

 

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc. 

 

News Provided by Business Wire via QuoteMedia

This post appeared first on investingnews.com

Former Russian Transport Minister Roman Starovoit died by suicide on Monday, just hours after Russian President Vladimir Putin fired him from the job, officials said.

Starovoit was dismissed by Putin on Monday morning. The decree announcing his dismissal was published on the official Kremlin website, with his deputy Andrey Nikitin appointed acting minister.

Asked by reporters for the reasons behind Starovoit’s dismissal, Kremlin spokesperson Dmitry Peskov denied this was due to a “lack of trust,” but he did not give any alternative reason.

The Investigative Committee of Russia said in a statement that Starovoit’s body was found inside a car in Odintsovo, a suburb of Moscow. He was found with a gunshot wound, the committee said. It said the circumstances of his death were being investigated but the “main theory is suicide.”

Before he became a minister in May 2024, Starovoit was the governor of the southern Russian Kursk region. While he left the post before Ukraine’s surprise incursion, he was partially blamed for security failures in the Russian region.

The dismissal came amid a multi-day disruption to air travel in Russia. Russian Federal Agency for Air Transport said 485 flights were canceled, 88 were diverted and 1,900 were delayed over the weekend and into Monday.

The agency said the cancellations were down to “external interference,” without giving any specifics. But the Russian Defense Ministry said more than 400 Ukrainian long-range strikes were intercepted during the same period of time.

The Ukrainian military said it also struck a chemical plant in Krasnozavodsk, north of Moscow early on Monday. It said the plant manufactures “pyrotechnic devices and ammunition, including thermobaric warheads for Shahed-type” drones.

Another deadly night in Ukraine

At least 12 civilians were killed and more than 90 injured in Russian attacks across Ukraine in the 24 hours to mid-morning on Monday, according to Ukrainian authorities.

At least 29 people, including three children aged 3, 7 and 11, were injured when Russian drones hit a residential building, a kindergarten and a commercial area at 6 a.m. local time Monday (11 p.m. ET on Sunday) in Kharkiv in northeastern Ukraine.

At least 17 more people, including a teenage boy, were injured when the same city was struck with drones again just five hours later, according to Kharkiv mayor Ihor Terekhov.

The Ukrainian Air Force said Russia fired four surface-to-air missiles and 101 Shahed-type drones at Ukraine in the past 24 hours, adding that it downed 75 of the drones either by shooting them down or by jamming.

The Land Forces of Ukraine said on Monday that two of its recruitment offices were hit by Russian drones on Monday, the latest in a string of similar incidents.

Six draft offices across the country have been attacked by Russian drones in just over a week, the Land Forces said in a statement, adding that they believed Russia was attacking the offices in an attempt to disrupt the Ukrainian military’s enlistment process.

At least two people have been killed and more than a dozen injured in these attacks, the statement said.

This post appeared first on cnn.com

“Something can be born out of everything – if you want it to,” said Iris Haim, whose hostage son Yotam was killed in Gaza. Those words are helping her find hope.

The new beginning that Haim now longs for is a grandchild, created from sperm she had harvested from Yotam’s body upon its return home in December 2023.

Yotam, 28, was kidnapped by Hamas-led militants from kibbutz Kfar Aza on October 7, 2023. After spending 65 days in captivity, he was mistakenly shot by Israeli troops on December 15, 2023 along with two other hostages, Alon Shamriz and Samer Talalka, as they attempted to flee their captors in northern Gaza.

Yotam is the only Israeli hostage whose sperm is known to have been retrieved posthumously, and whose family is lobbying to use it to have a child.

Haim says Yotam, a single man at the time of his death, always wanted children. “Yotam really wanted that – he talked about it a lot,” she said.

A total of 205 hostages have so far been returned, 148 of whom were released alive, and 57 returned dead, according to Prime Minister Benjamin Netanyahu’s office. Most had been dead for weeks, if not months, making the men’s sperm no longer viable for use – except for Yotam’s. That’s where his mother saw an unexpected opportunity to have what would be her first grandchild.

Chances of successful sperm retrieval are highest in the first 24 hours after death, with the cut-off time being 72 hours, according to the Israeli government.

There are currently 50 Israeli hostages held in Gaza, of whom at least 20 are believed to be alive. Both Hamas and Israel have accepted a new ceasefire proposal and indirect negotiations on a deal have restarted, raising hopes that more could return home soon.

Uncharted territory

Haim remembers with painful clarity the moment Israeli authorities came to her home and told her about her son’s death. “Yotam was killed. By friendly fire. While escaping Hamas captivity. He was mistakenly identified as a terrorist,” Haim recalled the officers saying.

Half an hour after they broke the news of Yotam’s death, one officer approached Haim and whispered, “you can request sperm retrieval,” Haim said. The process “immediately got started, immediately,” she said.

Yotam’s sperm was retrieved within the necessary window of time. Ten samples were extracted, “enough for five children,” Haim recalled being told by the doctor who performed the procedure.

Haim now faces an uphill battle to get approval to use his sperm to produce a grandchild. If she succeeds, her next challenge would be to find a woman to carry the child and raise it.

Sperm lives on briefly after death, which is why it’s possible for doctors to retrieve it from testicular tissue. Any live sperm cells found are transferred and frozen in liquid nitrogen.

None, however, can be used without approval from a family court, where Haim now faces an uphill battle to continue her son’s lineage.

In Israel, extracting sperm from a dead body is permitted, but there is no law that clearly defines the process of using the sperm for the purpose of producing offspring.

“In Israeli law, we don’t have a law for this procedure,” Nily Shatz, Haim’s lawyer, said, adding that family courts have only approved posthumous use of sperm by parents of the deceased to produce a child twice in the past; however, the second case was later overturned after an appeal brought by the state. “All the other cases were rejected.”

The first case was that of a woman who after years of court battles was able to have a grandchild after proving that her son, who was killed in Gaza in 2002, wanted children, according to Shatz. The court, however, declared that the ruling should not be perceived as a precedent, saying legislators must decide on the matter in the future. The second case was that of a couple who are still fighting in court to have a grandchild with retrieved sperm of their late son, who died in 2012.

Extreme caution

Meirav Ben-Ari, a lawmaker in Israel’s parliament, the Knesset, is pushing for a bill that formally allows family members to use retrieved sperm even if the deceased had not specifically stated his wish to have a child posthumously, as long as they can prove the deceased would have wanted a child.

Netanyahu’s coalition is made up of some of the most religiously conservative parties ever to hold power in Israel, including ultra-Orthodox and far-right religious Zionist factions whose agendas are reshaping the country’s legal and social fabric.

Shatz, Haim’s lawyer, said that after the horrors of October 7, it was past time for parliament to pass a law on the issue, especially as families of hundreds of fallen soldiers retrieve the sperm of their dead.

But while Haim longs to be a grandmother, the issue of using the sperm of deceased men remains controversial. It raises ethical, religious and legal questions that lawmakers are yet to address.

For now, cases are assessed individually by the family courts, Shatz said. And since there are varying opinions in government about the practice, each case is viewed with extreme caution, she said.

At the moment, for families to use the sperm of their deceased, they must prove to the courts that the person who died wanted children, even after his death.

Yotam’s family is working to prove that he wanted children by providing testimony from relatives, friends and his therapist, but such intangible proof is likely to be harder for many others to present.

“There’s no logical way (where) usually people say that I want a child, even if I’m going from the world,” Shatz said, noting this isn’t something ordinary men think about, especially when young.

Sperm retrievals soared after October 7

Posthumous sperm retrieval (PSR) in Israel was previously open only to partners – provided other relatives did not object – while parents of the deceased had to apply for legal permission. Following the October 7 attacks, the Ministry of Health loosened the rules.

“In previous years, approximately 15–20 such retrievals were performed annually,” the ministry said.

For Haim, having a grandchild is a way to prove that Israel will keep growing despite the massacre.

“Every mother whose child was killed wants to have something from that child, not just photos. She wants something tangible,” Haim said, her eyes briefly filling with tears. “As the people of Israel, we need to understand today that, after October 7, we need to keep growing – to show our enemies that our way, this continuity of our lives here in this country, and in general, is through the creation of new life.”

“That forces you to be in this situation. That’s what war is doing to us,” he said.

Levine advocates for soldiers to decide early whether they’d like to have children, and for them to preserve their sperm while they are still alive.

Some have also called for soldiers to leave a “biological will,” a testament that lays out an individual’s wishes when it comes to posthumous use of eggs or sperm, whether they are retrieved after death or frozen while the person is still alive.

‘The knock on the door’

Bella Savitsky, whose son Jonathan died in combat on October 7, opted to retrieve his sperm and got approval for it, but it came too late.

Savitsky, a senior lecturer in the School of Health Sciences at Ashkelon Academic College, said studies show a maximum of 36 hours since time of death is the only time that retrieved sperm can be usable, a shorter timeframe than that cited by the Israeli government. This window is narrower in Israel because the hot weather can affect the sperm’s quality in dead bodies, she said.

On October 9, 2023, Savitsky received “the knock on the door” from authorities, telling her that her 21-year-old son had been killed in heavy fighting at an army outpost near Gaza.

“He wanted to get married, to have children, a dog, and a home in the countryside.”

It took many hours for Savitsky to obtain a court order allowing the harvesting of her son’s sperm.

“Altogether, it took 70 hours,” she said. “So, when the posthumous sperm retrieval was done, it was not intact. There was no live sperm.”

Ethical considerations

Sperm retrieval after death undoubtedly raises complex moral, ethical, judicial and religious questions. While technology has advanced, critics say the law has not kept up.

Experts say the controversy stems from the lack of clear consent from the father and the idea of bringing a child into the world who is fatherless from the outset.

“You are bringing into the world a child whose parent is known, named and deceased. This has a significant psychological impact and is different from a single-parent family,” Siegal said.

Some may also object to having children that effectively serve as a monument to the deceased father.

In that case, “the grandparents are seeking a ‘memorial’ – a form of commemoration – or trying to recreate something that cannot be recreated,” Siegal said. There are also religious considerations, as “retrieving sperm is an intrusive act, and in Judaism, there is a critical prohibition against desecrating the dead,” he said.

To mitigate these issues, Savitsky believes that young men should be asked whether they would want their sperm to be posthumously retrieved before they enter army service, but said the ministry of defense may be wary of implementing this as it could dent troop morale.

For Haim, despite the difficulties, the battle to have a grandchild gives her strength in the face of the tragedy she faces after October 7, as well as hope for the future.

In May, the State Attorney’s Office gave a green light in principle for Haim to use Yotam’s sperm. That was a first step towards what may be a long journey for her to have a grandchild. The family still needs to present evidence to prove that Yotam would have wanted a child, Shatz, Haim’s lawyer said.

“In the end, the reality did happen to us on October 7. So now – what will we do with that reality? Cry, wail, say, why did this happen to us?” she asked.

“Yes, a disaster happened. Period. But what else happened? A lot of amazing things also happened. That’s where I’m aiming (for).”

This post appeared first on cnn.com

 
 

Trading resumes in:

 

Company: Stallion Uranium Corp.

 

TSX-Venture Symbol: STUD

 

All Issues: Yes

 

Resumption (ET): 9:30 AM  

 

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .

 

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

 

 

 

 Cision View original content: http://www.newswire.ca/en/releases/archive/July2025/07/c5804.html  

 

 

 

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Monday (July 7) as of 9:00 am UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) is priced at US$108,960, trading flat in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$108,077 and a high of US$109,574.

Bitcoin price performance, July 7, 2025.

Bitcoin price performance, July 7, 2025.

Chart via TradingView

Ethereum (ETH) is priced at US$2,581.84, up by 1.8 percent over the past 24 hours. Its lowest valuation as of Monday was US$2,513.50 and its highest was US$2,598.09.

Altcoin price update

  • Solana (SOL) was priced at US$152.49, up by three percent over 24 hours. Its highest valuation as of Monday was US$153.27, and its lowest was US$148.10.
  • XRP was trading for US$2.27, trading flat in the past 24 hours. The cryptocurrency’s lowest valuation was US$2.25 and its highest was US$2.29.
  • Sui (SUI) is trading at US$2.91, trading flat over the past 24 hours. Its lowest valuation was US$2.88 and its highest was US$2.96.
  • Cardano (ADA) is priced at US$0.5877, up by 1.2 percent in the last 24 hours. Its lowest valuation as of Monday was US$0.5776 and its highest was US$0.5922.

Today’s crypto news to know

SEC’s crypto ETF guidance signals mainstream shift

The US Securities and Exchange Commission took a major step toward regulating crypto exchange-traded products with its first formal guidance on crypto ETP disclosures, according to a Reuters analysis.

Issued last week, the 12-page document clarifies how issuers should describe risks and custody arrangements in “plain English,” which could speed up approval of dozens of new crypto ETFs tied to Solana, XRP, and even Trump’s meme coin.

The SEC is also developing a more standardized listing rule to replace the case-by-case exemptions that currently delay launches. That change could shrink approval timelines from 240 days to as little as 75.

Insiders expect the next round of SEC guidance, potentially out by autumn, to fully reshape how crypto funds come to market.

Musk’s America Party goes all-in on Bitcoin, calls fiat ‘hopeless’

Elon Musk confirmed that his newly formed America Party will officially embrace Bitcoin after declaring that “fiat is hopeless” in a post on X.

The move follows Musk’s earlier hints at increasing his own Bitcoin exposure and praising Bitcoin as a hedge against traditional currency.

Musk previously supported Donald Trump’s reelection campaign and even headed the Department of Government Efficiency before splitting with Trump over his budget bill, leading to the creation of the America Party.

The shift could inject more digital asset discussions into US politics as Musk tries to build a third-party movement.

Despite hype from Dogecoin supporters, no plans for DOGE adoption were announced.

Metaplanet boosts Bitcoin stash past 15,500 BTC in aggressive buying spree

Japan’s Metaplanet disclosed this week that it purchased another 2,205 BTC at an average price of 15.64 million yen per coin, spending around US$213 million.

This purchase brings the firm’s total bitcoin holdings to 15,555 BTC, making Metaplanet one of the world’s largest corporate holders of the asset.

The company tracks a proprietary metric called BTC Yield, measuring the effect of share dilution on per-share bitcoin value.

For the second quarter, Metaplanet reported a BTC Yield of 95.6 percent, down from 309.8 percent the previous quarter, but still strong enough to highlight aggressive growth.

Metaplanet’s total BTC investment now tops US$1.38 billion.

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

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

This post appeared first on investingnews.com

Chinese chain Luckin Coffee opened its first two U.S. locations this week, betting that mobile-only ordering and creative flavors can lure customers away from Starbucks.

Both new Luckin stores are based in Manhattan, and at the midtown location on Wednesday, Sam Liu took a sip of her jasmine cold brew.

“I’ve never tried anything like it,” she said.

I thought I just order at the counter, but I realized everyone was standing around looking at their phone.

Luckin Customer Sam Liu, New York City

Liu said she’d hoped for more seating — the small shop has only three tables — and was initially confused by Luckin’s in-app ordering system, which means customers can’t order directly from a barista.

“I thought I just order at the counter, but I realized everyone was standing around looking at their phone,” Liu said.

Luckin is China’s largest coffee chain, with more than twice as many locations as Starbucks there. Its two New York City stores are its first foray outside Asia, where it has over 24,000 locations across the region. By comparison, there are over 17,000 Starbucks in the United States.

Its CEO, Guo Jinyi, called the U.S. “a strategically important market” for the company’s expansion in a press release heralding the two new locations Wednesday. “We are excited to introduce a diverse and unique coffee experience to American consumers.”

The company, which didn’t respond to a request for comment, has touted its ambitions to expand globally but hasn’t publicly detailed its next moves in the U.S. or other markets.

The chain has gained success overseas through creative drinks like alcohol-infused coffees and fruit lattes, along with its smartphone-centric ordering model. The app-based approach makes it easier to track inventory, send personalized appeals to consumers and serve drinks quickly, said John Zolidis, an analyst who tracks Luckin and Starbucks at the brokerage firm he founded, Quo Vadis Capital.

“Luckin was able to develop an incredible muscle with regard to product innovation, and they have been very creative in China,” he said.

Drink orders ready for pickup or delivery inside one of the Manhattan Luckin shops on Monday.
Drink orders ready for pickup or delivery inside one of the Manhattan Luckin shops on Monday.Anthony Behar / Sipa USA via AP

Zolidis said how Luckin fares on Starbucks’ home turf will depend on its ability to differentiate its menu from other major U.S. coffee chains and smaller, independent cafes. Its American lineup already includes distinctive drinks like blood orange cold brew and coconut lattes.

“These orange drinks, or one of their most successful, a coconut cloud latte — that’s how you get trial [customers] from the U.S.,” Zolidis said.

Luckin faced financial troubles during the pandemic. It was delisted from Nasdaq in 2020 after its stock plunged following an internal investigation that found an executive had falsified revenue reports. The company filed for bankruptcy in the U.S. the following year but emerged from proceedings in 2022 and its sales have soared since, reaching $4.7 billion worldwide in fiscal year 2024, a 38.4% increase from 2023.

Luckin was able to develop an incredible muscle with regard to product innovation, and they have been very creative in China.

John Zolidis, Founder, Quo Vadis Capital

Starbucks, by contrast, is struggling in both the U.S. and China. Its same-store sales in the U.S. declined 2% and its sales in China 8% in fiscal year 2024, and it reported in April that its quarterly profit was half of what it pulled in for the same period last year. The Seattle-based chain is reportedly looking to partially sell its business in China while revamping its U.S. strategy to focus on customer experience and human connection, in contrast with Luckin’s model.

“We veered away from, I think, owning the idea of the ‘third place,’ the coffeehouse experience, making sure that the customer was front and center,” Starbucks CEO Brian Niccol told NBC News in June.

A Starbucks spokesperson declined to comment.

Zolidis said that whereas Starbucks aims in both the U.S. and China to appeal to customers looking for higher-end coffee served in an inviting setting, Luckin has successfully positioned itself as the “everyman’s coffee” in China, with low prices and small, grab-and-go storefronts.

After taking the train in from Hoboken, New Jersey, to check out the new one in midtown, Samantha Coy said the trip was worth it. She had enjoyed Luckin in China previously and was eager to order one of its fruit drinks.

“I’m surprised Starbucks hasn’t tried to bring that over to the U.S.,” Coy said. “I hope they stay open.”

Zolidis said he thinks Luckin is well-positioned to gain a foothold in America.

“They’ve been able to operate and grow incredibly quickly in the Chinese market, much faster than I would have thought possible, and they’ve been able to sustain it and develop a strong financial model so they can fund their expansion in the U.S.,” Zolidis said. “They wouldn’t be coming here to try it if they didn’t think they had a shot of owning part of the market.”

This post appeared first on NBC NEWS