International Graphite (IG6:AU) has announced Development update – Collie graphite micronising facility
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Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE:6CA) is pleased to announce the execution of an agreement (the ″ Agreement ″) with Exploits Discovery Corp. (CSE: NFLD) (″ Exploits ″) to option 100% of its interests in three groups of exclusive exploration rights, located in the Province of Québec, commonly referred to as: (a) the ″Wilson project″ located in Lebel-sur-Quévillon (the ″ Wilson Property ″); (b) the ″Fenton project″ located in Chapais (the ″ Fenton Property ″); and (c) the ″Benoist project″ located in Miquelon (the ″ Benoist Property ″), together the ″ Properties ″.
During the four-year option period, Exploits shall have the sole and exclusive right and option to earn a 100% interest (the ″ Option ″) by paying Cartier an amount aggregating $1,750,000 in cash, issuing Cartier an aggregate of 9,250,000 common shares of Exploits and incurring not less than $12,250,000 in expenditures on the properties. The Agreement is conditional on Exploits obtaining all necessary regulatory approvals under the policies of the Canadian Securities Exchange (CSE) in connection therewith. Within ten (10) business days of the effective date, Cartier will receive an amount of $200,000 in cash and 1,750,000 common shares of Exploits. All shares issued to Cartier under the Agreement will be subject to a statutory four (4) month hold period.
Upon due exercise of the Option in respect of any of the Properties, Cartier will retain a 2.0% net smelter returns (″NSR″) production royalty (each, a ″ Royalty ″) over the applicable Property(ies). One-half of the Royalty (1.0% NSR) will be redeemable at the election of Cartier for a cash payment of $2,000,000 and the remaining half of the Royalty (1.0% NSR) will be redeemable at the election of Cartier for a cash payment of $20,000,000.
About Cartier Resources Inc.
Cartier Resources Inc., founded in 2006, is an exploration company based in Val-d’Or. The Company’s projects are all located in Québec, which consistently ranks among the world’s top mining jurisdictions. Cartier is advancing the development of its flagship Cadillac project.
Cautionary Statement
Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company’s plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors should change, except as required by law
For further information, contact:
Philippe Cloutier, P. Geo.
President and CEO
Telephone: 819-856-0512
philippe.cloutier@ressourcescartier.com
www.ressourcescartier.com
Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.
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Bitget, the leading cryptocurrency exchange and Web3 company, has officially launched the second year of its Anti-Scam Month, a global initiative run to spread crypto security awareness. In a world where scams have become as sophisticated as the technologies meant to prevent them, Bitget is taking a cultural stand: security is no longer just a backend function; it’s a mindset shared between platforms and people. Blockchain and Web3 have evolved rapidly, but so have the threats. From phishing links disguised as giveaways to malicious smart contracts concealed behind social media hype, scams have become increasingly creative and less detectable. In 2024 alone, cryptocurrency-related scams resulted in losses exceeding $9.9 billion, representing a 24% annual growth since 2020, according to reports. Despite Bitcoin reaching new all-time highs and crypto adoption accelerating, the darker corners of the space remain dangerous for the unprepared. This surge of crypto scams, fueled by AI-generated deception… Read More at Coingape.com
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Days after the U.S. Securities and Exchange Commission (SEC) dropped a significant lawsuit against Binance, world’s largest cryptocurrency exchange, the SEC commissioner Hester Peirce spilled beans regarding what made the commission look the other way in this case, but at the same time, insisting that it doesn’t give a free pass to “rip people off” in the name of crypto. In an interview with the CNBC, Commissioner Peirce spoke on a range of issues related to the crypto industry and the U.S. SEC, focussing on the imminent need to introduce a clear regulatory framework. Peirce, who was appointed as the SEC commissioner under the President Trump administration this year, made it clear that her number one agenda is to bring clarity between SEC and crypto businesses in the U.S. When asked about what made the SEC dropped its latest lawsuit against Binance, Peirce said that the agency had to take… Read More at Coingape.com
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Bitget, the leading cryptocurrency exchange and Web3 company, has announced a partnership with the University of Zurich, the world’s top #3 university for blockchain education. The exchange will sponsor the 6th edition of International Summer School – Deep Dive into Blockchain 2025 program at the University of Zurich Blockchain Center (UZH BCC), offering scholarships and career opportunities to blockchain-curious students. This marks a new chapter in Bitget’s commitment to blockchain education and youth empowerment. The scholarship initiative, part of Bitget’s broader $10M Blockchain4Youth (B4Y) program, aims to make high-impact blockchain education more accessible to bright, motivated students, presenting them with wider opportunities. Deep Dive into Blockchain (DDiB) is the University of Zurich’s flagship international summer school, hosted by the Faculty of Business, Economics, and Informatics in collaboration with the Global Student Experience and organized by the UZH Blockchain Center under the academic leadership of its chairman, Prof. Dr Claudio J…. Read More at Coingape.com
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Within minutes of the Bondex token launch, the charts presented a complete bloodbath, resulting in the BDXN price crashing more than 91%. More importantly, this crash happened amid the Binance listing, which is often regarded as a bullish action for the token. What went wrong? Let’s discuss. Bondex Token Price Crash Minutes After Binance Listing Binance, the popular crypto exchange, is among the first to launch the BDXN token, with a listing price of $0.9219. However, the Bondex token price crashed immediately after that, losing more than 91% of its value. With that, it currently trades at $0.07767 with a market capitalization of $12.42M. Moreover, it has a trading volume of $21.86M, up 6000%, but the sellers are in the majority past the Binance Bondex token airdrop. According to the official BDXN listing announcement, the Binance users with 212 alpha points could claim an airdrop of 900 tokens. Similar to… Read More at Coingape.com
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The four-hour XRP price chart shows a 5.62% recovery since the May 31 swing low of $2.08. This bounce may receive a boost as the Awesome Oscillator has flashed its fifth buy signal in under two months. The last four times this indicator revealed this bullish technical formation, the token soared between 6% and 26%. Will history repeat and catalyze a 15% price rally? What is the XRP Price Buy Signal? The buy signal is a combination of a bullish crossover, as indicated by the Awesome Oscillator (AO), and a bullish crossover, as indicated by the Relative Strength Index (RSI). To be specific, the buy trigger is obtained when the AO flips above the zero mean level, while the RSI is already above the 50 mean level. XRP Price Flashes Buy Signal Amid 6% Recovery Rally The last four times this exact buy signal flashed, XRP price soared by roughly 14%,… Read More at Coingape.com
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Byron Allen is putting his broadcast TV stations up for sale.
Allen Media Group said on Monday it has retained investment bank Moelis & Co. to sell its group of 28 owned and operated broadcast TV stations, which are affiliated with ABC, NBC, CBS and Fox in 21 markets across the U.S.
In a news release, Allen said the company has invested more than $1 billion into acquiring the stations over the past six years and after receiving “numerous inquiries and written offers” for most of the stations, has decided to explore a sale.
The Allen Media Group stations join others that have recently hit the sale block. Last year, CNBC reported that Sinclair was exploring the sale of more than 30% of its stations. Apollo Global Management is also reportedly exploring a sale of its Cox Media Group portfolio of TV and radio stations.
Allen Media Group said a sale of the stations would significantly reduce its debt load. Earlier this year, the company refinanced a $100 million debt facility. While S&P Global Ratings said it expected the company to maintain sufficient liquidity over the next 12 months, it noted that Allen Media Group still maintained a junk rating and faced future debt risks.
Last year, CNBC reported that Allen Media Group had been consistently late in making payments to its network owners, in some cases as much as 90 days past due, with the payments totaling tens of millions of dollars throughout the year. The reason for the lateness had been unclear, and representatives for Allen Media Group declined to address the details of CNBC’s reporting.
The stations have also reportedly undergone layoffs.
Allen, a former comedian, founded Entertainment Studios, now known as Allen Media Group, in the early 1990s. He later formed Allen Media Group Broadcasting in 2019 and has built up his profile and business ever since with a string of smaller deals.
He has also become known for expressing interest in buying various media assets to bulk up his media empire. In recent years, he has made a $30 billion bid for Paramount Global when it was up for sale in 2024, as well as a $10 billion offer for ABC and other Disney networks, and he reportedly offered $3.5 billion for Paramount’s BET Media Group.
Disclosure: Comcast’s NBCUniversal is the parent company of CNBC and broadcast network NBC.
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Melbourne, Australia (ABN Newswire) – Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to provide an update of its project development since the launch of the Becancour Lithium Refinery Definitive Feasibility Study in February 2025. The Board and management continue to advance the project by attempting to secure spodumene feedstock supply for its Becancour Lithium Refinery.
Highlights
– Discussions with multiple spodumene concentrate producers-both operational and near-term developers
– Substantial benefits (transport costs and tariffs) to supplying local convertor
– Supply estimated to commence around 2028
– Targeting 140,000 tpa SC6 spodumene supply once ramped up
– LU7 intends to purchase spodumene ore at benchmark prices from the market
– Targeting minimum supply of 10 years for project finance
The Company, as stated previously, have been in discussions with multiple spodumene concentrate producers-both operational and near-term developers-regarding long-term feedstock supply agreements for the Becancour Lithium Refinery. In these discussions, these parties recognise a real benefit in potentially supplying their spodumene product to a local lithium converter as opposed to shipping and selling their spodumene to Chinese operations for conversion. The spodumene transport costs could be as high as US$100 per dmt which represents US$800-900 per tonne of finished lithium carbonate product. If the final lithium carbonate must be shipped back to North America that adds another approximately US$200 per tonne of final product. Today, Canada has an import tariff of 25% on all Chinese lithium chemicals so the local conversion is an overriding advantage.
In these discussions, the Company is targeting a non-binding MoU for the full supply of 140,000 tonnes per annum for SC6 grade spodumene material. The target tonnes will proportionally increase if the grade is less than 6% LiO2. The supply agreement could be converted to a definitive agreement when the refinery becomes
funded, and construction commences. Ideally, LU7 is targeting a spodumene feed supply to be at least 10 years and rolling 5 years, to give security of supply for project financing. In these discussions, the Company is targeting supply commencing around 2028 at approximately 56,000 tonnes per year. The required supply tonnage will increase to 98,000 tonnes in 2029 and reach full capacity at 140,000 tonnes per annum from 2030 onward. The spodumene supply is targeted to be delivered to the Becancour Lithium Refinery storage shed on site. Whilst spodumene supply could be from anywhere in the North Atlantic region (including Brazil and Africa), a strategic domestic Canadian feedstock source would mitigate the Company’s risks and logistical challenges of overseas shipments and foreign processing. It is proposed that the spodumene concentrate will be refined into approximately 18,270 tonnes per annum of battery-grade lithium carbonate (as per DFS), supporting the expansion of Canada’s electric vehicle (EV) and energy storage industries.
LU7 intends to purchase spodumene ore at benchmark prices from the market, and LU7 will retain full ownership of the resulting lithium carbonate, with the right to sell it either to the open market at benchmark prices or directly to an OEM offtaker. To clarify, the Company is not searching for a tolling arrangement.
Executive Chairman Iggy Tan said ‘There are several interested potential spodumene suppliers that could meet the 2028 timeframe and discussions are ongoing. There is real interest in the market. The Company will continue to keep the market informed concerning progress of these discussions and negotiations. Once we can secure feedstock supply for the refinery the focus will shift to getting a strategic OEM on board the project in exchange for the valuable battery grade lithium carbonate offtake’.
About Lithium Universe Ltd:
Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.
Instead of exploring for the sake of exploration, Lithium Universe’s mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.
Source:
Lithium Universe Ltd
Contact:
Alex Hanly
Chief Executive Officer
Lithium Universe Limited
Tel: +61 448 418 725
Email: info@lithiumuniverse.com
Iggy Tan
Chairman
Lithium Universe Limited
Email: info@lithiumuniverse.com
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Cardiex Limited (CDX:AU) has announced Cardiex Receives TGA Approval for CONNEQT Pulse Device
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