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A massive piece of legislation that House Republicans hope will advance a broad swath of President Donald Trump’s agenda is facing its final hurdle on Monday before a chamber-wide vote.

The House Rules Committee, the final gatekeepers for most bills before a House floor vote, is meeting to debate a measure that GOP leaders want to have on Trump’s desk by sometime in May.

The bill aims to increase spending on border security, the judiciary and defense by roughly $300 billion, while seeking at least $1.5 trillion to $2 trillion in spending cuts elsewhere.

As written, the bill also provides $4.5 trillion to extend Trump’s 2017 Tax Cuts and Jobs Act (TCJA) provisions, which expire at the end of this year.

It comes after the Senate held an all-night session to advance its own version of the Trump plan last week. In the Senate Republicans’ budget plan, the first reconciliation bill includes Trump’s priorities for border security, energy and national defense, while the second bill, to be drawn up later in the year, would focus on extending Trump’s tax policies from TCJA.

Since the commander in chief has already telegraphed his preference for House Republicans’ proposal, the Senate bill has been relegated to a de facto backup plan if the House is not able to pass its own. This much was relayed to senators by Vice President JD Vance last week as he gave them the White House’s blessing to push their bill forward, a source told Fox News Digital. 

Current margins dictate House Republicans can only lose one vote to still pass a bill without Democratic support.

Rep. Victoria Spartz, R-Ind., wrote on X Sunday night that she was against the bill as written.

‘Why I am a NO on the current version of the house budget instructions – I have a TRILLION DOLLAR QUESTION – where is the money – $1T? Interesting FACT: roughly 85% of spending is not ever even looked at by Congress – convenient if you would like to hide waste, fraud and abuse,’ Spartz announced.

Other Republicans have expressed concerns over the $880 billion in spending cuts under the Energy & Commerce Committee, which many have taken to mean at least some cuts to federal programs like Medicaid.

The House version of the bill differs from the Senate in that the latter version does not include funding for Trump’s tax cuts. Senate GOP leaders argue that splitting Trump’s priorities into two bills will allow the party to secure early victories on the border and defense, places where there is more agreement within the conference.

However, House Republican leaders contend that Republicans have not passed two reconciliation bills since the 1990s and under far more favorable margins.

Both chambers are contending with razor-thin margins and an ideologically diverse Republican conference as they look to make major conservative policy changes via the budget reconciliation process this year. 

By leveling thresholds for passage in the House and Senate at a simple majority, reconciliation allows the party in power to pass fiscal legislation without any support from the opposing side. The Senate has a two-thirds majority threshold to advance most measures.

It is not clear, however, whether Trump’s support for the House plan will be enough to get it over the line. 

This post appeared first on FOX NEWS

The policy agenda of President Donald Trump and congressional Republicans is keeping Democrats up at night.

Literally.

If you snooze, you lose.

Or at least you might have missed the recent nocturnal front mounted by Democrats to oppose the GOP’s budget package.

It was the second overnight session in three weeks for the Senate. 

While you were sleeping last Thursday night – drifting into Friday – Democrats hoped their resistance to the president wasn’t a legislative lullaby.

In the overnight Senate session, Democrats forced two dozen votes over nearly nine hours on every subject under the moon.

‘The right to IVF,’ was an amendment offered by Sen. Tammy Duckworth, D-Ill. 

‘Deficits and debt,’ came the proposal from Sen. Jeff Merkley, D-Ore., the top Democrat on the Budget Committee.

‘Public lands,’ was the focus for Sen. Michael Bennet, D-Colo.

‘Deadly and devastating wildfires,’ caught the attention of Sen. Adam Schiff, D-Calif. 

‘The cost of housing,’ was the issue for Sen. Mark Warner, D-Va. 

‘Tax cuts,’ declared Sen. Amy Klobuchar, D-Minn.

‘The FAA,’ said Sen. Patty Murray, D-Wash., the leading Democrat on the Appropriations panel.

However, Republicans threw a shuteye shutout.

The GOP-controlled Senate rejected every Democratic proposal all night long. 

Marathon voting sessions – often called ‘vote-a-ramas’ in the Senate – present an opportunity for the party out of power to engineer challenging votes for the other side. They like to put the majority on the spot with tough votes. Some amendments are even drafted with a specific senator in mind. Especially someone who might face a competitive bid for re-election in the next cycle.

Democrats tried to trip up Republicans with votes on tax cuts. They even compelled Republicans to weigh in on their support – or lack thereof – for Ukraine.

‘This amendment ensures continued support for the government of Ukraine to stand firm against Russian aggression. For three years, Ukraine has fought tooth and nail for its very survival heroically,’ said Sen. Jack Reed, D-R.I., the top Democrat on the Armed Services Committee. 

Reed’s plan scored a brushback from Senate Armed Services Committee Chairman Roger Wicker, R-Miss.

‘There’s no greater supporter of Ukraine in this Senate than I am. But this is not the right vehicle,’ argued Wicker on the floor at 12:34 a.m. ET Friday. ‘Passage of this amendment – though members might wish to – will make it harder to pass this very valuable budget.’

But it was lights out for Democrats as Republicans passed their budget framework just before dawn Friday.

The vote was 52-48. Sen. Rand Paul, R-Ky., was the lone GOP nay.

‘We’re going to vote all night long to set up a bill to increase spending by $340 billion,’ argued Paul in a floor speech Thursday. ‘Senate Republicans are coming forward today to pass a budget to allow them to raise federal spending.’

Paul asserted that senators should vote on his amendment to cut spending rather than greenlight an outline to actually spend more on the military and border security. He also reminded his colleagues that the budget plan wasn’t binding. It was just an aspiration with no real money or spending reductions.

‘The talk of the savings is ephemeral. It isn’t real. Until Congress has the courage to vote on it, it has to be certified by a vote. If Congress doesn’t vote, it sort of wishes and washes around in the ether. And it may or may not wind up being savings,’ said Paul.

Democrats claimed they shined a spotlight on Republican political vulnerabilities via the overnight exercise. 

‘One amendment at a time, Democrats exposed Republicans’ true colors here on the Senate floor,’ bragged Senate Minority Leader Chuck Schumer, D-N.Y.

But in the middle of the night. 

Did anyone see it?

Did anyone pay attention?

If a tree falls in the woods…

But now it’s up to the House to approve its plan. It tackles the same provisions which are in the Senate package. But it emphasizes tax cuts. It also has the support of Trump.

It will be hard to advance anything through the House.

‘If we don’t do our job, everyone’s taxes are going up. And so that is absolutely going to be catastrophic to the American people,’ said Rep. Russell Fry, R-S.C., on FOX Business.

Republicans hold a narrow majority in the House. It’s about the math. They can only lose a vote or two on any given day. And keep in mind that a key demand in this bill is to drive up military and border spending – but also reduce overall spending. Plus, renew tax cuts.

That’s why some skeptics say the only way is to tackle the entitlements. So-called ‘mandatory’ spending. This is spending that Congress doesn’t approve for each year. Based on laws passed years ago, the money for mandatory spending just floods out the door – based on what the government owes (such as interest on the debt) and who qualifies for particular entitlements. That’s why there’s a serious hunt for the triumvirate of ‘waste, fraud and abuse’ in federal spending. There simply isn’t enough money to trim from the ‘discretionary’ side of the ledger. That’s the money which Congress allocates on an annual basis to run the government. Mandatory spending dwarfs discretionary spending.

‘If we cut all of that, we still won’t balance the budget. We have a deficit of $2 trillion. We have got to touch our mandatory spending,’ said Rep. Eric Burlison, R-Mo., on FOX Business.

That’s why securing an agreement to advance the package through the House is so tough. And the House and Senate must both advance the same plan to use budget reconciliation to skip over the filibuster.

If the House adopts its plan, the House and Senate could then work to sync up. The chambers could try to merge their respective plans in what’s called a conference committee. The House and Senate then must vote again to approve a blended measure, called a ‘conference report.’ Then they can go to the actual bill. And the House and Senate must also approve the same version of that.

Or, the sides could get involved in what we call parliamentary ping-pong. The Senate has passed its resolution. So it pings it over to the House The House then OKs its version, and pongs that over to the Senate. They bounce the ball back and forth across the Capitol Dome until one body or the other finally accepts one measure – whichever one it is.

Only then can they get to the actual substance of the underlying bill.

Quite a process to achieve a solitary ‘big, beautiful bill’ the president is pushing.

This enterprise is far from over.

And there’s another problem around the corner:

A bill to avoid a government shutdown is due by March 14. That’s where the real dollars can be found. Real spending can conceivably either go up, down or stay the same in that bill. A problem with government funding could disrupt the goal of the ‘big, beautiful bill.’

So while the action overnight was important, this enterprise is far from over.

And while last Thursday night – bleeding into Friday – was a long night, it likely means there are dozens of other very long nights ahead over the next few months.

This post appeared first on FOX NEWS

Elon Musk, who is leading the Department of Government Efficiency (DOGE), warned federal workers on Monday morning that those who fail to return to the office will be placed on administrative leave.

‘Those who ignored President Trump’s executive order to return to work have now received over a month’s warning,’ Musk wrote on X, the platform which he also owns. ‘Starting this week, those who still fail to return to office will be placed on administrative leave.’ 

Musk’s warning comes after he announced Saturday that federal employees must report their accomplishments from the last week or face losing their jobs.

Musk said on Saturday that federal employees would receive an email directing them to list their accomplishments from the week prior, with the DOGE leader adding later that day that the assignment should take less than five minutes to accomplish. Employees have until 11:59 pm on Monday to send the list or lose their employment, according to emails regarding Musk’s directive that were sent by the Office of Personnel Management.

Mass confusion followed on the eve of the deadline as some agencies resisted the order, others encouraged their workers to comply, and still others offered conflicting guidance.

Several key U.S. agencies, including the FBI, State Department, Homeland Security and the Pentagon, which instructed their employees over the weekend not to comply.

The Department of Health and Human Services, led by Robert F. Kennedy Jr., instructed its roughly 80,000 employees to comply shortly after acting general counsel, Sean Keveney, had instructed some not to. Later Sunday evening, agency leadership issued new instructions that employees should ‘pause activities’ related to the request until noon on Monday.

Dem senator slams Musk over DOGE reforms:

Officials at the Departments of State, Defense and Homeland Security were more consistent.

The State Department reportedly told employees on Saturday that department officials ‘will respond on behalf of the Department,’ according to a message sent by Ambassador Tibor P. Nagy, who serves as acting under secretary of state for management.

The Department of Defense (DOD) told its civilian workforce to ignore the billionaire’s request, while Kash Patel, who was confirmed by the Senate last week as the new director of the FBI, also told employees to stand down.

DOGE secures legal victories as it continues to uncover government waste

While Musk and DOGE have been criticized for how they’re going about cutting federal spending, President Donald Trump on Saturday wrote on Truth Social that though Musk is ‘doing a great job,’ he should be ‘more aggressive.’

‘ELON IS DOING A GREAT JOB, BUT I WOULD LIKE TO SEE HIM GET MORE AGGRESSIVE. REMEMBER, WE HAVE A COUNTRY TO SAVE, BUT ULTIMATELY, TO MAKE GREATER THAN EVER BEFORE. MAGA!,’ Trump wrote.

Musk responded with an enthusiastic ‘Will do, Mr. President!’ hours after Trump posted.

Fox News Digital’s Greg Wehner and Andrea Margolis, along with The Associated Press, contributed to this report.

This post appeared first on FOX NEWS

The Israeli military this weekend deployed tanks to the occupied West Bank for the first time in two decades.

In the background of a Gaza ceasefire, Israel has steadily escalated an intense military operation in Palestinian cities in the West Bank, killing dozens and displacing tens of thousands of residents.

Since Hamas’ October 7 attack, Israel has regularly launched airstrikes on the West Bank, which was almost unheard of before. Its defense minister, Israel Katz, said on Sunday that he’d instructed the military to stay for a year and “to prevent the return of residents.”

US President Donald Trump has come under withering criticism for his proposal to expel 2.1 million Palestinians from Gaza. And yet, as the left-leaning Israeli newspaper Haaretz alleged in an editorial Monday, “Israel is already doing in the West Bank what it threatens to do in Gaza.”

Here’s what’s happening.

What is the West Bank?

The West Bank, a territory that lies west of the Jordan River between Israel and Jordan, has been occupied by the Israeli military since 1967. It is home to more than 3.3 million Palestinians.

Israel captured the West Bank and East Jerusalem – including the Old City, with its religious landmarks – from Jordan after a brief war in 1967. Many Israelis believe that Jews have a biblical right to the land, which they call Judea and Samaria.

Since Israel captured the West Bank, around half a million Jewish Israelis have built homes in towns known as “settlements.” Because the West Bank is considered to be occupied under international law, these settlements are illegal, but they are condoned – and even encouraged – by the Israeli government.

In the 1990s, Israel and Palestinian factions started a peace process, which came to be known as the Oslo Accords. The agreement set up a Palestinian government, known as the Palestinian Authority, which would have jurisdiction in parts of the West Bank and Gaza, ahead of the creation of an independent Palestinian state.

Many communities in Palestinian cities are known as refugee camps. Though they now resemble urban neighborhoods, they were established after the 1948 Arab-Israeli war for Palestinians who fled or were forced from their homes during the creation of Israel.

In July, the International Court of Justice, the United Nations’ top court, issued an unprecedented advisory opinion that found Israel’s presence in the West Bank and East Jerusalem to be illegal, and called on Israel to end its decades-long occupation.

What has happened since October 7?

There has always been tension between Palestinians and the Israeli government in the West Bank. Israel has for many years carried out regular incursions into Palestinian communities – targeting, it says, Palestinian militants.

But Hamas’ October 7 attack on Israel ushered in a new era.

The Israeli military ramped up its restrictions on Palestinians, setting up new checkpoints and restricting who could cross from the West Bank into Israel. There was a spike of attacks by Jewish settlers on Palestinians, killing dozens.

Armored Israeli bulldozers often rip up tarmacked roads during these incursions. Israel argues it’s a necessary tactic to unearth improvised explosive devices, but it often leaves whole neighborhoods entirely impassable.

Israel has also targeted other aspects of Palestinian life in the West Bank. The Knesset, the country’s parliament, passed a law last year that would make it extremely difficult for the United Nations’ agency for Palestinians to continue operations, alleging that UNRWA, as it’s known, hasn’t done enough to crack down on extremism in its ranks. UNRWA educates 45,000 Palestinians in the West Bank and provides nearly a million annual patient visits at 43 health care facilities.

What’s happening now?

Israel launched an even more aggressive military operation in the northern West Bank in January, focused on the Jenin refugee camp, dubbed “Operation Iron Wall.” Israel says the operation is necessary to root out Iranian-backed militants who threaten its security.

The defense minister has said that Israel is applying its Gaza playbook to the West Bank.

“A powerful operation to eliminate terrorists and terror infrastructure in the camp, ensuring that terrorism does not return to the camp after the operation is over – the first lesson from the method of repeated raids in Gaza,” Katz said last month.

Israel’s operation has forced more than 40,000 Palestinians from their homes in the West Bank, according to the United Nations. The military has killed more than 1,000 Palestinians in the West Bank and East Jerusalem since October 7, 2023, according to the Palestinian Ministry of Health, which does not distinguish between civilians and combatants. Among those are at least 184 children. Just this weekend, the Israeli military admitted its forces had killed two 13-year-old children, and that it was investigating the incidents.

Israel’s foreign minister, Gideon Saar, told reporters in Brussels on Monday that “it’s military operations taking place there against terrorists and (there are) no other objectives but this one.”

What role does Trump play?

It is impossible to ignore the role of Trump. His election has emboldened those in Israel who want the government to extend full Israeli sovereignty to West Bank settlements, a process known as annexation. Some want to go even further and annex all of the West Bank.

Trump said earlier this month that “people do like the idea” of annexation, “but we haven’t taken a position on it yet.”

“But we’ll be making an announcement probably on that very specific topic over the next four weeks,” he said.

Israel’s far-right finance minister, Bezalel Smotrich, who is in charge of West Bank settlements, ordered preparations for annexation, saying that Trump’s election “brings an important opportunity for the state of Israel.” The only way to remove the “threat” of a Palestinian state, he said, “is to apply Israeli sovereignty over the entire settlements in Judea and Samaria.”

The finance minister seems to play a big role in Netanyahu’s more aggressive approach. Smotrich was against the Gaza ceasefire and is pushing Israeli Prime Minister Benjamin Netanyahu to return to war there. He is a West Bank settler himself. In January, Smotrich said that the government now considers security in the West Bank to be an official “war goal.”

“After Gaza and Lebanon, today, with God’s help, we have begun to change the security concept in Judea and Samaria,” he said.

How did things change this weekend?

Israel’s invasion of Jenin refugee camp was already a significant escalation. But this weekend it became clear that it had no end in sight.

On Friday, Netanyahu visited Jenin and praised the “wonderful job” troops were doing. A photo circulated of him sitting with commanders inside a Palestinian home that the military requisitioned as a command center.

“We are eliminating terrorists, commanders,” he said. “We are doing very, very important work against the desire of Hamas and other terrorist elements to harm us.”

Then on Sunday, the Israel Defense Forces (IDF) deployed a tank platoon to Jenin – the first time tanks have been sent into the West Bank since 2002, during the Second Intifada, or uprising. It’s a sign of just how militarized the operation there has become. The Israeli military no longer believes that ground troops – and even airstrikes – are enough.

And while Trump and Israel’s extremist ministers make plans to expel Gaza’s population, Israel’s defense minister Katz announced that the tens of thousands of Palestinians who have left their West Bank homes in recent weeks will not be allowed to return.

“Today, I instructed the IDF to prepare for an extended presence in the cleared camps for the next year, and not to allow the return of residents and the resurgence of terror,” he said.

This post appeared first on cnn.com

Early on October 18, 2024, police in Wales police received a phone call from a member of the public. It was the start of a mystery that remains unsolved four months later.

There was a body in the water of the Claerwen Reservoir, the caller said, according to a statement released by Dyfed-Powys Police on Sunday.

The reservoir is a remote and picturesque spot in central Wales, about 90 miles northwest of the capital, Cardiff.

An autopsy later established that the body was that of a White man aged between 30 and 60 years old, about 6 feet (1.8 meters) tall, wearing a wetsuit, and had been in the water for up to 12 weeks.

Police identified the XL-sized wetsuit as the “Agile” design made by Zone 3, which is advertised on its manufacturer’s website as suitable for those “new to open water swimming or triathlon.”

The nearest bus stop is about a four-hour walk away and so “it is unlikely he walked there in a wetsuit,” the spokesperson added.

Several signs around the reservoir warn against swimming there, they said.

“It is very unusual for a body to be found … and to be a few months into an investigation with no confirmed identification.”

Requests to other police forces in the UK and Interpol, the international police agency, as well as forensic tests haven’t yielded any clues about the man’s identity, the spokesperson said.

Nonetheless, the man’s death is not “currently thought to be suspicious,” an inquest opened on Monday by assistant coroner Rachel Knight heard, according to the BBC.

At the moment, police believe the man entered the water voluntarily sometime last summer.

Knight adjourned the inquest after recording that the cause of death was “pending further investigation,” and called for public help in identifying the man.

The police appealed for information “from anyone who has visited the Claerwen reservoir, or the surrounding area, between the beginning of July 2024 and October 18, and haven’t spoken to police yet,” Detective Inspector Anthea Ponting said in the police statement.

“We also continue to appeal for anyone who does have information – who thinks that something mentioned could relate to a missing person in their own life/or who they may know – to come forward.

“We are keeping an open mind into the circumstances and continue to work towards finding out who he was, any family and what happened to him,” she added.

The Claerwen reservoir is one of several in the area that provides water to Birmingham, the UK’s second-largest city.

Unauthorized swimming in these reservoirs is prohibited and can be dangerous due to their cold, deep water which can also hide equipment underneath.

This post appeared first on cnn.com

China and Russia “cannot be moved away” from one another, Chinese leader Xi Jinping told his counterpart Vladimir Putin on Monday, in their first phone call since US President Donald Trump upended American foreign policy with a sweeping pivot toward Moscow as he pushes for peace in Ukraine.

The call, which took place as Kyiv marked the third anniversary of Russia’s brutal invasion, stands as a clear message from Beijing that its relations with its key diplomatic partner will not be shaken by Washington’s warming relations with the Kremlin.

“History and reality show that China and Russia are good neighbors that cannot be moved away, and true friends who share weal and woe,” Xi told Putin, according to China’s state news agency Xinhua, evoking a phrase the Chinese leader had used to mark the symbolically significant 70th anniversary of their diplomatic ties in 2019.

“The development strategies and foreign policies of China and Russia are for the long-term,” he added, reiterating that their ties wouldn’t be influenced by “any third party.”

“Despite changes in the international situation, China-Russia relations will proceed with ease,” the Chinese leader said.

The Kremlin described the call as “warm and friendly” in its readout but did not elaborate on the strength of their ties to the same degree as Beijing’s.

“The leaders particularly emphasized that the Russian-Chinese foreign policy link is the most important stabilizing factor in world affairs. It is strategic in nature, is not subject to external influence, and is not directed against anyone,” the Kremlin said.

The closely anticipated call between the close partners comes as Moscow’s position on the international stage has undergone a significant transformation in recent weeks, as Trump has sought to bring Putin alongside in his push to end the fighting in Ukraine in a significant shift of American policy.

Top Trump administration officials met Russian counterparts in Saudi Arabia last week after signaling they could cede to some of Moscow’s key demands – raising concerns that peace would be brokered over the heads of Kyiv and its European partners. Trump has also parroted Kremlin rhetoric about the war and launched a barrage of criticism against Ukrainian President Volodymyr Zelensky.

Putin updated Xi on the latest contacts between Russia and the US during their call, according to readouts from both sides.

Xi said that “China is pleased to see Russia and other parties concerned making positive efforts to resolve the crisis,” according to Xinhua.

“The Chinese side expressed support for the dialogue that has begun between Russia and the United States, as well as readiness to assist in finding ways to peacefully resolve the Ukrainian conflict,” the Kremlin readout said.

Beijing’s readout noted that the call was initiated by Putin.

Xi and Putin navigate a new American foreign policy

Despite declaring neutrality in the conflict, China emerged as a key diplomatic and economic backer of Russia since its invasion, with NATO accusing Beijing of powering Russia’s defense industrial base with dual-use goods. China defends its “normal” trade.

Xi and Putin – who weeks before the invasion declared a “no limits” partnership – have long seen the other as a key partner in a shared power struggle with the West.

But recent US efforts have raised questions about whether Washington could drive a wedge between the two strongmen.

Following a meeting of top US and Russian official in Riyadh last week, US Secretary of State Marco Rubio named the possibility for future “geopolitical and economic cooperation” between Washington and Moscow as among four key points discussed.

Days earlier, the Trump administration’s Russia-Ukraine envoy Keith Kellogg told a panel discussion in Munich that the US hoped “to force” Putin into actions he was “uncomfortable with,” which could include disrupting Russia’s alliances with Iran, North Korea and China.

Chinese officials gave initial signals that it shared concerns about the bilateral US-Russia diplomacy taking place over Beijing and European leaders’ heads.

Speaking at a security conference in Munich following the Trump-Putin call earlier this month, Chinese Foreign Minister Wang Yi voiced support for US-Russia efforts toward peace but added that “all parties and all stakeholders” should be involved in peace talks.

However, that language about participation was missing from the Chinese diplomat’s remarks to a meeting of G20 foreign ministers in Johannesburg on Thursday, where Wang held a sideline meeting with Russian counterpart Sergey Lavrov and the two hailed their countries’ growing cooperation.

China “supports all efforts dedicated to peace, including the recent consensus reached between the US and Russia,” Wang told G20 counterparts at the gathering. A “window for peace is opening” on the war, he added.

Russia began its full-scale invasion of Ukraine three years ago in an onslaught that has killed tens of thousands and displaced about 10 million people. The invasion has also laid waste to Ukrainian cities and drawn allegations of war crimes by Moscow’s forces, which are entrenched in parts of eastern and southern Ukraine.

This post appeared first on cnn.com

Editor’s Note: This article contains distressing details from the outset.

The numbers involved in France’s largest child abuse trial are staggering: 299 alleged victims, sexually abused in 10 hospitals and clinics over 25 years – all by one doctor, prosecutors say.

As the court case began Monday in Morbihan, Brittany, with retired gastrointestinal surgeon Joel Le Scouarnec accused of decades of abuse, many hoped that the trial would mark a turning point in France’s reckoning with child abuse.

From 1986 to 2014, the former surgeon, now 74 and serving a 15-year prison sentence for a prior conviction for the rape and abuse of children, subjected hospital patients as young as two to early adulthood to sexual abuse including rape across the Brittany region of France, court documents allege. Le Scouarnec was employed in private and public institutions despite being convicted of possession of child abuse imagery in 2005.

The documents alleged that Le Scouarnec told investigators that “he did not remember (the alleged assaults) individually,” but “he had been able to commit sexual touching as well as penetrations on some of his patients, and in particular children.”

Beyond the trial, he was convicted in 2020 of abusing his nieces and a neighbor outside a hospital. More than a dozen of his patients sought to join the current case against him, but were barred by French law as their claims exceeded the 30-year statute of limitations.

The trial, expected to last four months, has already captured national attention, just weeks after a horrifying, monthslong mass rape and drugging trial rocked France. Victim Gisele Pelicot became a potent symbol in the struggle to shift the shame around sexual abuse back onto the perpetrators.

Many hope that this child abuse trial will serve a similar purpose, helping to bring about a painful reckoning with the issue in France and the institutions and culture that may have helped such crimes go unchecked for so long.

The oldest alleged victims are now nearly 50 while the youngest is 17.

Child-sized dolls

Such is the scale of the trial, a university lecture hall near the courthouse has been requisitioned to accommodate 400 people, including alleged victims, their families, lawyers and media.

It’s not the first time Le Scouarnec has been before a court on child abuse-related charges.

In 2005, he was convicted of possession of child abuse imagery, following a tip off from the FBI when he signed up to a pedophilia-sharing website. His four-month prison sentence was suspended.

Le Scouarnec was convicted in 2020 in west France of rape of a minor and possession of child abuse imagery, receiving a 15-year sentence, after sexually abusing his neighbors’ daughter through their backyard fence. He has been imprisoned since that trial.

Searches of his property and hospital office turned up his diaries and some 70 child-sized dolls, with which investigators believe he “shared his daily life” before his arrest, naming, dressing and using them for his sexual pleasure.

Delphine Driguez, a lawyer who represented survivors of his abuse at his 2020 trial, agreed with this assessment of Le Scouarnec. “He’s an extremely cold man, without any empathy, very deliberate,” she said.

Satta said that Le Scouarnec’s status as a middle-class surgeon had likely helped him to evade suspicion for so long, adding that in court, the true nature of the accused would be on show for all.

During the 2020 trial, she watched him as the courtroom was shown images taken from his computer.

“That’s when you discover the real Joël Le Scouarnec. Because the gaze changes,” she said.

Following Le Scouarnec’s 2005 conviction, Thierry Bonvalot, a psychiatrist also working at Quimperlé hospital in Brittany with Le Scouarnec, said he confronted him.

After a long silence, his head in his hands, Le Scouarnec responded, “You can’t make me.”

A diary of horrors

The evidence at the center of the latest case will be Le Scouarnec’s own diaries, prosecutors say depict actual events in which children were abused. His attorney says they detail fantasies that he did not act on.

So comprehensive are they, that a journal discovered during the 2020 trial – often noting the time and place of the rapes, the victim’s identity and even their address – helped investigators to identify the dizzying number of his alleged rapes.

Court documents submitted by the prosecution note that he admitted he started the journal in 1990, writing regularly right up until 2016, a year before his retirement, with 40 to more than 100 pages of entries per year.

The entries describe abuse, typically during a supposed medical exam, playing on false medical pretexts to not alarm his patients, the documents show.

The intimate tone of his writings is especially chilling, addressing entries to the children by name, “Little Marie, you were once again alone in your room” begins one account, speaking directly to them and ending many entries – descriptions of sexual acts on a child – with, “I love you.”

In multiple diary entries included in the court documents, Le Scouarnec admits to being a pedophile.

Hidden crimes, real trauma

For the survivors of Le Scouarnec’s alleged abuse, the years since have been traumatic.

Although many of the children were under sedation during the alleged abuse, the effect on their lives has been all too tangible, per court documents. The documents describe psychological analyses of the alleged victims often showing persistent troubles, notably in their later sexual relations and on their self-confidence, following their hospitalizations under Le Scouarnec.

“We have victims in real, genuine suffering. We have people who are anorexic, who are depressed, who can’t have children, who can’t have sex with their partner. It’s all these anomalies in quotation marks, unexplained by their doctors, who say to themselves, “How is this possible?” lawyer Satta said. Among those she represents are two families of men who had allegedly been abused by Le Scouarnec and died by suicide years later.

Given the lifetime of abusing that Le Scouarnec stands accused of, some of the survivors’ testimony is no longer admissible in court. France’s statute of limitations restricts rape prosecutions to 30 years after the victim reaches adulthood, meaning about 80 people were not included in the case, Satta said.

As justice runs its course, one question swirls around the case: How was this man allegedly able to prey on so many young people for so long?

This post appeared first on cnn.com

(TheNewswire)

Noble Mineral Exploration Inc.

TORONTO, February 24, 2025 TheNewswire – Noble Mineral Exploration Inc. (‘ Noble ‘ or the ‘ Company ‘) (TSXV: NOB) (OTCQB: NLPXF) is pleased to announce that it has closed the transactions under the Implementation Agreement (‘ Agreement ‘) with Canada Nickel Company Inc. (‘ Canada Nickel ‘) that were previously announced in the news releases of the Company dated July 8, 2024 and January 7, 2025.

Noble has received final acceptance from the TSX Venture Exchange for the transactions under the Agreement. However, the closing of the transactions remains subject to Canada Nickel obtaining final acceptance from the TSX Venture Exchange.

Among other things accomplished in the transactions, Noble and Canada Nickel have spun out certain mining claims in and around Mann Township, Ontario into East Timmins Nickel Ltd. (‘ ETN ‘), a newly incorporated subsidiary of Canada Nickel, to consolidate their interests in bulk tonnage nickel projects northeast of Timmins, Ontario. Noble owns a 20% interest in ETN, with Canada Nickel owning the balance.  Certain of the exploration results were released by CNC on the Mann properties (for details, please see Canada Nickel’s news release dated December 11, 2024).  In addition to the consolidation of properties in ETN, as part of the transactions, Noble transferred its Project 81 interests to Canada Nickel, retaining the right to explore for gold, silver, copper, lead and zinc.  Noble retains an up to 2% royalty on all properties it transferred pursuant to the transactions, except to the extent those properties are already bound by other royalties.  Canada Nickel likewise retained a 2% royalty in the properties it transferred to ETN, except to the extent those properties were likewise already bound by other royalties.  Furthermore, Noble transferred to Canada Nickel the option it previously held to acquire approximately 5,000 acres of surface lands in the Project 81 at pre-determined prices.

As stated previously and commenting on the transaction, Vance White, CEO of Noble said, ‘We felt that consolidating the eastern properties into a separate exploration company would maximize the value of the Mann Township properties without incurring significant upfront dilution to Noble, and at the same time gain exposure to additional identified nickel sulphide targets in the Timmins camp in which Noble currently has no interest. ETN will control ~1,814 mining claims totaling over ~38,729 hectares and will include Reaume, Mann and Newmarket Townships as well as McCool, Moody, Galna and other properties currently held by Canada Nickel. Noble will vend its interest in Project 81, together with the right to acquire surface rights over Project 81. For properties transferred from Noble to Canada Nickel, Noble will retain a 5-year exploration right to any non-nickel exploration target therein. This 5-year exploration right will be subject to an annual exploration right thereafter upon both parties’ consent. Noble intends to use its best efforts so that upon ETN going public, a portion of Noble’s holdings in ETN will be distributed to Noble shareholders in order that they may have a direct benefit as ETN advances all underlying properties to the development stage, although that is a future event and we cannot provide any assurances that this will be done  We anticipate that resource estimates will be available on at least two of the projects in Q2 2025′.

.’

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel, and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold ~2,215 hectares in Thomas Twp in the Timmins area and ~175 hectares of mining claims in Central Newfoundland.  It will also hold its ~4,845 hectares in the Nagagami Carbonatite Complex and its ~4,600 hectares in the Boulder Project both near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre  Nickel, Copper, PGM property, ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec, ~569 hectares in the Chateau (Uranium, Rare Earths, Phosphorus, Silver) Property in Kitivik, northern Quebec, and the ~461 hectare Taser Uranium-Molybdenum property in northern Quebec.  Noble’s common shares trade on the TSX Venture Exchange under the symbol ‘NOB’.

More detailed information on Noble is available on the website at www.noblemineralexploration.com .

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless-steel markets . Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel TM , NetZero Cobalt TM , NetZero Iron TM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. Canada Nickel’s common shares trade on the TSX Venture Exchange under the symbol ‘CNC.’

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

Cautionary Statement Concerning Forward-Looking Statements

The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators.  Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:

H. Vance White, President

Phone:        416-214-2250

Fax:        416-367-1954

Email: info@noblemineralexploration.com

Investor Relations

Email: ir@noblemineralexploration.com   

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 FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (‘ FPX ‘ or the ‘ Company ‘) is pleased to announce results from an Awaruite Refinery Scoping Study (the ‘ Study ‘) which demonstrates a compelling business case for the development of a standalone refinery (the ‘ Refinery ‘) to refine awaruite concentrate into battery-grade nickel sulphate for the electric vehicle (‘ EV ‘) industry, along with producing valuable cobalt, copper, and ammonium sulphate by-products.

The Study has been prepared by Wood Canada Limited and all amounts are in US Dollars unless otherwise indicated.  The Study relates to a standalone industrial project and anticipates the production of awaruite ore from projects that are not limited to mineral projects of the Company; without limiting the foregoing, the Study is separate and standalone from the Baptiste Nickel Project, which demonstrated the technical and commercial advantage of mining and concentrating awaruite ore to a high-grade awaruite concentrate.

Highlights

  • Strong Economics: After-tax NPV 8% of $445 million and IRR of 20% at $8.50 /lb Ni
  • Large-Scale, Long Life : 40-year operating life producing 32,000 tpa of nickel contained in battery-grade nickel sulphate
  • Valuable Products: Production of battery-grade nickel sulphate for the EV industry, and by-products including cobalt, copper, and ammonium sulphate, a valuable fertilizer product for the agricultural sector
  • Low Cost: Total estimated operating costs of $1,598 /t Ni, or $133 /t Ni ( $0.06 /lb Ni) on a by-product basis for refining awaruite concentrate to battery-grade nickel sulphate, resulting in total all-in production costs of $8,290 /t Ni ( $3.76 /lb Ni) for nickel sulphate generated from awaruite mineralization (inclusive of mining, processing, refining, on a by-product basis), with both figures ranking in the lowest decile of the respective global nickel sulphate cost curves
  • Low Carbon : A carbon intensity of 0.2 tCO2/t Ni for refining operations, resulting in a total all-in carbon intensity of 1.4 t CO2/t Ni for nickel sulphate generated from awaruite mineralization, which is magnitudes lower than current nickel sulphate production routes

‘This Study confirms the disruptive potential of awaruite concentrate as an ideal feedstock for the production of battery-grade nickel sulphate for the automotive sector,’ commented Martin Turenne , FPX Nickel’s Chief Executive Officer and President.  ‘The Study reinforces the opportunity for the development of an integrated, made-in- Canada solution from mine-to-battery, utilizing awaruite concentrate as a lynchpin source of nickel, with conventional refining steps underpinning low-cost, low-carbon nickel production for use in domestic and allied country EV battery supply chains.’

Figure 1 – Nickel Sulphate Refining Cost Curve (CNW Group/FPX Nickel Corp.)

Figure 2 – Nickel Sulphate Refining Carbon Intensity by Source (CNW Group/FPX Nickel Corp.)

Background

FPX commenced development of the Study in October 2024 to further demonstrate the economic and strategic opportunity to refine awaruite concentrates to battery-grade nickel sulphate and other valuable by-products. This Study incorporates the flowsheet advancements outlined in the Company’s previously reported pilot-scale hydrometallurgical testwork results (see FPX news release dated October 15, 2024 ).

Scoping Study Overview

The mine-to-battery pathway for awaruite mineralization is presented in Figure 3. At a mine site, awaruite mineralization could be subjected to a simple mineral processing flowsheet to produce a high-grade awaruite concentrate, which could then be marketed either to the stainless steel or EV battery supply chains. This Study envisions purchasing of such awaruite concentrate and refining to battery-grade nickel sulphate, which would then be marketed to precursor cathode active material (‘ PCAM ‘) and cathode active material (‘ CAM ‘) producers to further process the nickel sulphate into CAM, a direct input in EV battery cell fabrication.

Figure 3 – Path of Awaruite Nickel Units from Mine to EV Battery (CNW Group/FPX Nickel Corp.)

This Study outlines a mid-stream Refinery located in an industrial location in central British Columbia which will be fed with awaruite concentrate and produce battery-grade nickel sulphate. The Study considers a Refinery capable of producing 32,000 tonnes per year of contained nickel in battery-grade nickel sulphate.

In addition to nickel sulphate, the Refinery will produce three by-products, approximately as follows:

  • 570 tonnes per year of contained cobalt in cobalt carbonate;
  • 240 tonnes per year of contained copper in copper cement; and
  • 87,400 tonnes per year of ammonium sulphate, a valuable fertilizer product.

The Refinery would process commercially available awaruite concentrate. Published metallurgical testwork on awaruite (Ni 3 Fe) nickel ores has shown that a relatively simple mineral processing flowsheet utilizing magnetic separation followed by conventional froth flotation can produce a highly desirable awaruite concentrate that presents flexibility for downstream consumption. Considering other awaruite nickel projects in development by FPX and others, a refinery operation lifespan of 40 years is considered.

Study economics are presented in Table 1, demonstrating the Refinery has robust economics while producing meaningful quantities of battery-grade nickel sulphate for the EV supply chain.

Table 1 – Awaruite Refinery Scoping Study Economics

Criteria

Units

Value

Initial Capital Cost

$, millions

$424

Operating Cost

$/t Ni produced

$1,598

Operating Cost, net of by-products

$/t Ni produced

$133

After- Tax

NPV 8%

$, millions

$445

IRR

%

20

Payback Period

Years

4.0

The Refinery’s operating costs excluding byproduct credits ( $1,598 /t nickel contained) would fall within the lowest decile of global production as per Benchmark Mineral Intelligence’s (‘ Benchmark ‘) nickel sulphate cost model, as presented in Figure 1.  When byproduct credits are included, the Refinery would have a lower production cost that any current global producer.

The Refinery will be supplied with low-carbon power from the BC Hydro grid, resulting in a carbon intensity of 0.2 t CO 2 /tNi.  As presented in Figure 2, this is magnitudes lower than current nickel sulphate production routes.

According to Benchmark’s database, the 2024 annualized nickel sulphate production market size was approximately 657,000 tonnes per year of contained nickel as of the fourth quarter of 2024, with production heavily dominated by China at 76%, as presented in Figure 4.  Additionally, less than 1% of current nickel sulphate production is North American (3,300 tonnes per year of contained nickel).  As such, the 32,000 tonnes per year of high-quality nickel sulphate produced by the Refinery in Canada would represent an approximate tenfold increase in current North American nickel sulphate production.

Figure 4 – Current Nickel Sulphate Production by Region (CNW Group/FPX Nickel Corp.)

Metallurgy & Process Design

The metallurgical testwork program involved multiple bench- and a pilot-scale campaigns (see FPX news release dated October 15, 2024 ). The latest testwork campaign involved continuous pilot-scale testing of leaching unit operations and confirmed the leaching flowsheet. Nickel leach extractions greater than 99% and production of low-impurity leach solution, suitable for downstream purification and crystallization, were simultaneously achieved during piloting. In addition, bench-scale testing of solution purification and crystallization unit operations demonstrated the ability to produce battery-grade nickel sulphate crystals using the new ammonia-based flowsheet. Incorporating testwork results, the refining strategy takes advantage of awaruite’s characteristics in a simple flowsheet utilizing well proven unit operations, as presented in Figure 5.

Figure 5 – Awaruite Refinery Block Flow Diagram (CNW Group/FPX Nickel Corp.)

Refinery Process Description

In the leaching area, awaruite concentrate is first subjected to an atmospheric leach, which serves the dual purpose of 1) commencing awaruite dissolution, and 2) using awaruite as a reagent to neutralize free acid and precipitate remaining iron, aluminum, and chromium from the pressure leach solution. Any unleached awaruite is then further leached in a mild pressure oxidation circuit, where full awaruite dissolution is achieved in tandem with initial iron precipitation. Pressure leach solution then reports to the atmospheric leach circuit and pressure leach residue is dewatered for disposal. A slipstream of pressure leach solution is processed in a copper removal circuit, where a copper cement grading approximately 70 to 80% copper is produced.

The final leach solution, grading 100 g/l nickel, is first processed in a solvent extraction (‘ SX ‘) circuit to extract cobalt.  Extracted cobalt is then precipitated from the cobalt-rich solution as a carbonate product grading approximately 50% cobalt. While a cobalt carbonate product was selected for the Study, FPX testwork has also demonstrated the ability to produce cobalt-rich mixed hydroxide precipitate (‘ MHP ‘).

Nickel is then extracted away from the cobalt depleted leach solution to produce a purified and concentrated stream of nickel sulphate which is then crystallized into battery-grade nickel sulphate crystals suitable for use in the EV supply chain.

The nickel depleted leach solution is then treated to sequentially removal trace levels of nickel and magnesium. This purified stream is then crystallized into ammonium sulphate crystals, a widely used industrial fertilizer. Miscellaneous minor process streams are also processed in the ammonium sulphate crystallizer which enables the refinery to operate as a zero liquid discharge facility.

Capital Cost Estimate

Initial capital costs have been estimated in alignment with AACE (Association for the Advancement of Cost Engineering) Class 5 standards, while sustaining and closure capital costs have been estimated on an order-of-magnitude (‘ OOM ‘) basis. The total initial capital cost for the Project is estimated to be $424 million , with no expansion considered.  Total sustaining capital cost is estimated to be $40 million and total closure capital cost is estimated to be $42 million .  No salvage value is considered due to the 40-year operation life.

Table 2 – Total Estimated Capital Costs

Capital Cost Type

Category

Total

($, millions)

Notes

Initial Capital

Costs

Refinery Process

$152

Reagents

$45

Utilities, Services, & Infrastructure

$40

Total Direct Costs

$237

Indirect Costs

$81

34% of Direct Costs

Contingency

$89

28% of Direct and Indirect Costs

Owners Costs

$18

Total Initial Capital

$424

Total Sustaining Capital Costs

$40

Expended years 1-40

Total Closure Capital Costs

$42

Expended years 41-42

Total Capital Costs

$506

Operating Cost Estimate

Total operating costs are estimated to average $1,598 per tonne of nickel produced before by-product credits, with a breakdown of these costs by cost centre presented in Table 3. The net operating cost inclusive of by-product credits for cobalt, copper, and ammonium sulphate is $133 /t Ni ( $0.06 /lb Ni).

Table 3 –Estimated Operating Costs (excludes by-product credits)

Category

Units

Value

Reagents

$/t Ni produced

$757

Consumables

$/t Ni produced

$264

Labour

$/t Ni produced

$258

Maintenance

$/t Ni produced

$136

Power

$/t Ni produced

$69

General & Administrative

$/t Ni produced

$114

Total

$/t Ni produced

$1,598

Economic Analysis

At an assumed nickel price of $8.50 /lb ( $18,738 /t) and a USD:CAD exchange rate of 0.74, the Refinery generates an after-tax NPV 8% of $445 million , an after-tax IRR of 20%, and an after-tax payback of 4.0 years. Table 4 provides further details on study economics.

Benchmark maintains a comprehensive database of nickel production statistics and forecasts long-term pricing premiums relative to the LME nickel price for battery-grade nickel sulphate.  While the nickel sulphate market is currently small with inherent pricing volatility, even the most conservative of EV adoption rates will see a significant increase in nickel sulphate requirements. As the nickel sulphate market grows in coming years and preferred feedstocks are established, it is expected that a more consistent premium basis will be established based on typical upgrading costs. Benchmark’s forecast nickel sulphate premium basis for the year 2030 is $1,575 /t nickel ( $0.71 /lb nickel), which has been applied in the economic analysis. This premium is based on Benchmark’s ‘base case’ forecast of EV adoption and battery chemistry trends.

The Study models taxes in accordance with provincial and federal legislation.  The Study reflects the impact of the federal government’s refundable critical minerals investment tax credit, announced in the 2023 Federal Budget, which is proposed to be equal to 30% of the capital cost of eligible property for the extraction and processing of certain critical minerals, including nickel.  The Study estimates total LOM taxes paid of C$1,000 million including C$520 million to the Province of British Columbia and C$480 million to the Government of Canada .

Table 4 – Study Economics

Economic Basis/Result

Units

Value

Payability, Awaruite Concentrate

% of LME Ni

92

Price

Nickel

$/lb

8.50

Cobalt

$/lb

15.00

Copper

$/lb

4.00

Ammonium Sulphate

$/t

330

Payability

Cobalt

%

85

Copper

%

95

After-Tax

NPV 8%

$, millions

$445

IRR

%

20

Payback

years

4.0

Environmental Assessment and Permitting

The Refinery has been assumed in the Study to be located in central B.C., with the selected location ultimately subject to community consultation, environmental characterization and baseline studies. The BC Environmental Assessment Act Reviewable Projects Regulation specifies that a new non-ferrous metal refinery would require assessment under the established provincial EA process.

Study Report

FPX intends to file the Study Report on the FPX website before the end of the first quarter of 2025. As this Study presents a separate midstream industrial project which does not impact in any way the Baptiste Nickel Project, or any of FPX’s other projects, there is no mineral resource attributed to the Study.  For readers to fully understand the information in this news release, they should read the Study Report in its entirety, including all qualifications, assumptions, exclusions, and risks that relate to the Study.  The Study Report is intended to be read as a whole, and sections should not be read or relied upon out of context.

Study Lead

The Study has been prepared by Wood Canada Limited, who has reviewed and approved the technical and cost estimating content of this news release.

Qualified Person

Andrew Osterloh , P.Eng., FPX’s Senior Vice President, Projects and Operations, has reviewed and approved the content of this news release.

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 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, including those which relate to the proposed development of the Refinery, the intended processing of commercially available awaruite concentrate at the Refinery and the ability to obtain same; the projected economics of the Refinery, including capital cost; operating costs; NPV; IRR; carbon intensity; processing life; growth of the EV market; marketability of the concentrate; growth of demand for nickel sulphate and pricing therefor; and all other statements, other than statements of historical facts. These statements address future events and conditions and actual results could differ from those currently projected.  The Company does not assume the obligation to update any forward-looking statement.

Generally, forward-looking statements can be identified by the use of terminology such as ‘plans’, ‘expects’, ‘estimates’, ‘intends’, ‘anticipates’, ‘believes’ or variations of such words, or statements that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’, ‘occur’ or ‘be achieved’. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements are set forth in the public reports and filings for FPX, filed on SEDAR+ at www.sedarplus.com . Although FPX believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, FPX disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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.

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Silver47 Exploration Corp. (TSXV: AGA) (‘Silver47’ or the ‘Company), is pleased to announce that, due to strong investor demand, it has increased the size and modified its non-brokered private placement previously announced on February 19, 2025 (the ‘Offering’ ).

The Offering will include the sale of the following securities (collectively, the ‘Securities‘):

  1. Up to 15,000,000 units of the Company at $0.50 each (the ‘Units‘), for aggregate gross proceeds of up to $7,500,000. Each Unit will consist of one common share in the capital of the Company (a ‘Common Share‘) and one-half of one Common Share purchase ‎warrant (a ‘Half-Warrant‘, with two Half-Warrants being referred to as a ‘Warrant‘). Each Warrant shall entitle the holder thereof to acquire one Common Share (each, a ‘Warrant Share‘) at a price of $0.75‎ within 36 months ‎following issuance; and

  2. Up to 877,192 flow-through units of the Company (the ‘FT Units‘) at a price of $0.57 per FT Unit, for aggregate gross proceeds of up to $500,000. Each FT Unit will consist of one Common Share and a Half-Warrant (subject to the same terms as indicated above), each issued as a ‘flow-through share’ pursuant to the Income Tax Act (Canada).

The net proceeds from the sale of the Units will be used to fund exploration activities at the Red Mountain Project in Alaska and for general working capital and gross proceeds from the sale of FT Units will be used for exploration expenditures at the Company’s Adams Plateau Project in British Columbia.

The proceeds from the sale of the FT Units will be used to incur eligible ‘Canadian exploration expenses’ that qualify as ‘flow-through mining expenditures’ as both terms are defined in the Income Tax Act (Canada), and for British Columbia subscribers, ‘BC flow-through mining expenditures’ as defined in the Income Tax Act (British Columbia), (the ‘Qualifying Expenditures‘) on the Company’s Adams Plateau Project, with such expenses to be incurred on or before December 31, 2026, and the Company will renounce all the Qualifying Expenditures in favour of the subscribers of the FT Units effective December 31, 2025.

Completion of the Offering remains subject to the approval of the TSX Venture Exchange (the ‘TSXV‘). All securities issued in connection with the Offering will be subject to a hold period of four months and one day from the date of issuance under applicable securities laws. The Company anticipates paying finders’ fee, payable in cash and/or non-transferable finders’ warrants, to certain eligible parties who introduce subscribers to the Offering. Closing of the Offering is expected to occur on or about March 12, 2025, or on any other date or dates as the Company may determine.

Certain directors and officers of the Company plan to acquire securities under the Offering. The issuance of securities to such insiders would be considered a ‘related party transaction’ as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 as the Company is listed on the TSXV and neither the fair market value of securities issued to related parties nor the consideration being paid by related parties will exceed 25% of the Company’s market capitalization.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘), or any state securities laws and may not be offered or sold in the ‘United States’ or to ‘U.S. persons’ (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Silver47 Exploration Corp.

Silver47 wholly-owns three silver and critical metals (polymetallic) exploration projects in Canada and the US: the Flagship Red Mountain silver-gold-zinc-copper-lead-antimony-gallium VMS-SEDEX project in southcentral Alaska; the Adams Plateau silver-zinc-copper-gold-lead SEDEX-VMS project in southern British Columbia, and the Michelle silver-lead-zinc-gallium-antimony MVT-SEDEX Project in Yukon Territory. Silver47 Exploration Corp. shares trade on the TSX-V under the ticker symbol AGA. For more information about Silver47, please visit our website at www.silver47.ca.

Follow us on social media for the latest updates:

    On Behalf of the Board of Directors

    Mr. Gary R. Thompson
    Director and CEO
    gthompson@silver47.ca

    For investor relations
    Meredith Eades
    info@silver47.ca
    778.835.2547

    No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    FORWARD-LOOKING STATEMENTS

    This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘expect’, ‘intend’, ‘estimate’, ‘upon’ ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. Forward-looking statements and information include, but are not limited to: closing of the Offering, including the number of Units and FT Units issued in respect thereof; anticipated use of proceeds; expected closing date of the Offering; payment of finder’s fees; ability to obtain all necessary regulatory approvals; insider participation in the Offering; the statements in regards to existing and future products of the Company; and the Company’s plans and strategies. 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 statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the ability to close the Offering, including the time and sizing thereof, the insider participation in the Offering and receipt of required regulatory approvals; the use of proceeds not being as anticipated; the Company’s ability to implement its business strategies; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and the additional risks identified in the Company’s financial statements and the accompanying management’s discussion and analysis and other public disclosures recently filed under its issuer profile on SEDAR+ and other reports and filings with the TSXV and applicable Canadian securities regulators. The forward-looking information are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws.

    No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION OR DISSEMINATION IN OR INTO THE U.S.

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