Ondo Finance has taken a notable step in reshaping the reserve strategy behind its flagship tokenized treasury product. This comes as on Monday, the RWA leader announced a $25 million strategic investment in Figure Technology Solutions’ yield-bearing stablecoin, $YLDS. The purchase will see YLDS added to the reserve mix that backs Ondo’s OUSG short-term U.S.
The post Ondo Finance Makes Big Change in Reserve Strategy With $25M Investment in Figure appeared first on CoinGape.
Over the past 24 hours, the crypto market has seen a 1.33% rise, recovering from a 19.85% decline over the past month. This bounce results from technical factors, including oversold conditions and institutional moves that have countered ETF outflows. Major cryptocurrencies such as BTC, ETH, XRP, DOGE, and SOL have all put up a small
The post Crypto Market Surges Today; Is a Bigger Recovery Coming Next? appeared first on CoinGape.
Solana price surged 5% on Tuesday, November 25, climbing to $135, showing signs of recovery after a week of bearish sentiment. The cryptocurrency’s 24-hour trading volume reached $5.18 billion, marking a 17% increase. This price increase is amidst the positive movement that is driven by a record of $39.5 million inflow into the Bitwise ETF.
The post Solana Price Jumps as Bitwise ETF Sees Record $39.5M Inflow: Targeting $150 Next? appeared first on CoinGape.
The Bitcoin price starts the week with a calmer tone as markets settle after a turbulent stretch. Sentiment picks up slightly as traders shift their focus toward fresh macro expectations and easing probabilities. Furthermore, the broader environment now reflects a more measured approach, with investors weighing both risk and opportunity. Meanwhile, pockets of stability begin
The post Is Bitcoin Price Set for Major Recovery as December Rate Cut Chances Hit 80.9%? appeared first on CoinGape.
Following initial discussions, a mutual Non-Disclosure Agreement (NDA) was executed to enable the confidential technical exchange and evaluation of materials. As part of this collaboration, Altech has prepared and supplied Silumina AnodesTM samples to the Battery Group. These samples, developed under the leadership of Altech’s Chief Technical Officer Dr Jingyuan Lui, have now been shipped to the Battery Group for formal testing in their advanced battery-evaluation laboratories in China.
The Battery Group’s team, during preliminary discussions, indicated that across the industry they have not yet seen silicon additions deliver such meaningful performance improvements at low percentages.
Traditionally, attempts to integrate silicon into commercial lithium-ion anodes have been challenged by expansion-related degradation, unstable solid-electrolyte interphase (SEI) formation and rapid cycle-life fade. The strong performance of Altech’s coated silicon, achieved with only modest silicon loading, was highlighted as particularly noteworthy. The Battery Group acknowledged that very few material suppliers globally are producing silicon additives with this level of stability, consistency, and real-world applicability.
This early feedback reinforces the technical advantage and disruptive potential of Altech’s process.
The Battery Group has also requested that Altech undertake coating trials on their supplied graphite material to assess the performance impact of integrating Altech’s proprietary alumina technology directly onto their own anode substrate. Under the NDA, the Battery Group has dispatched several kilograms of representative graphite samples to Altech’s Perth laboratory, where Dr Lui’s team will apply the Company’s coating process and prepare evaluation batches. These coated graphite samples will then be returned to the Battery Group for benchmarking against their internal standards, providing a direct comparison of how Altech’s technology enhances their preferred graphite formulations.
UPDATE OF LONG CYCLE SILUMINA TESTING
Altech announced on 9 October 2025 a major advancement in its Silumina Anodes(TM) project, achieving the strongest battery-cycling performance recorded to date for its proprietary alumina-coated spherical silicon anode material. Since that announcement, the latest test results now demonstrate an impressive 83% capacity retention after 1,000 charge-discharge cycles with a 5% Silumina Anodes(TM) addition to a standard graphite anode. This represents a significant milestone for the Silumina Anodes(TM) technology, confirming both its durability and real-world commercial potential. Importantly, such cycle-life performance places Altech’s material at the forefront of next-generation silicon-enhanced anode technologies, strengthening its position in the rapidly evolving global battery materials market.
HOW SILUMINA ANODES(TM) IS MADE
Altech’s spherisation process transforms irregular silicon particles into perfectly rounded, alumina-coated spheres that integrate seamlessly within graphite anodes. The process begins with submicron silicon powders that are uniformly coated with a nanolayer of high-purity alumina, buffering against volume expansion during lithiation. These coated particles are then spherified through a precision-controlled thermal and mechanical process that rounds their geometry (refer Figure 1*). When blended into the graphite matrix, the spherical Silumina AnodesTM particles naturally occupy microscopic voids, where they can expand and contract freely during cycling without damaging the surrounding structure (refer Figure 2*). This optimised configuration mitigates mechanical stress, maintains electrode integrity, and enhances electrical connectivity. With only a 5% addition, the design achieves >40% capacity boost while preserving exceptional cycle stability over extended use.
Altech’s Managing Director Iggy Tan stated ‘This engagement from the world’s largest battery manufacturer is a powerful validation of our Silumina Anodes(TM) technology. Their early feedback, particularly noting they have not seen silicon additions perform this effectively at such low levels, reinforces the significance of our breakthrough. We are excited to advance this collaboration under the NDA and look forward to demonstrating how Altech’s coating technology can further enhance their graphite and anode performance.’
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/444MKKI0
About Altech Batteries Ltd:
Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.
The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.
Source:
Altech Batteries Ltd
Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com
Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com
News Provided by ABN Newswire via QuoteMedia
Stacy Newstead brings U.S. defense materials expertise to advance Locksley’s critical mineral and commercialisation initiatives.
HIGHLIGHTS
– Stacy Newstead appointed as a Strategic Advisor to the Locksley Advisory Board
– Ms Newstead currently serves as Materials Strategy and Risk Manager at Lockheed Martin, overseeing U.S. supply chain risk mitigation for critical materials used in advanced defence systems
– Over two decades of experience across defence, critical minerals, and advanced materials sectors, including leadership roles at Huntington Ingalls Industries, Textron Systems, and Evolution Energy Solutions –
– Expertise spanning U.S. Department of Defence acquisition, system manufacturing and production, materials engineering, supply chain risk mitigation, critical component supply chains, and state and federal engagement for manufacturing facilities
– Appointment strengthens Locksley’s U.S. Government initiatives and supports commercialisation of American-sourced antimony and rare earth supply chains
– Locksley has submitted U.S. Govt White Paper funding request under Defence Production Act Title III DPA to advance project financing position and accelerate first mover status in re-establishing domestic Antimony industry and U.S supply chain strength
Ms. Newstead currently serves as Materials Strategy and Risk Manager at Lockheed Martin, where she leads initiatives to secure domestic and allied sources of key materials vital to U.S. defense manufacturing and national security. Her work focuses on assessing and mitigating material, pricing, and geopolitical risk across complex supply chains that underpin critical technologies including munitions, batteries, and aerospace systems.
A highly accomplished executive, Ms. Newstead brings more than 20 years of experience across U.S. Government, defense, and industrial sectors. Her prior roles include senior program leadership at Huntington Ingalls Industries and Textron Systems, as well as Chief Executive Officer of the U.S. subsidiary of Evolution Energy Minerals (ASX:EV1), where she led onshoring initiatives for graphite and advanced battery materials.
Her appointment reinforces Locksley’s position at the intersection of critical minerals, defense, and national security strategy, providing invaluable insight into U.S. policy, funding and industrial collaboration opportunities. This strengthens the Company’s ability to engage with U.S. partners and access Federal programs supporting domestic critical mineral supply chains, advancing Locksley’s mine-to-market strategy for U.S.-sourced antimony and rare earths.
Kerrie Matthews, Locksley CEO commented:
‘Stacy’s appointment represents another significant step in strengthening our U.S. advisory capability. Her deep understanding of defense material supply chains, coupled with her leadership at Lockheed Martin, brings exceptional strategic value to Locksley as we advance our mine-to-market development of American sourced antimony and rare earths.’
‘Her perspective on material security and risk will help guide our engagement with U.S. industry and government stakeholders as we scale from pilot to commercial operations.’
Ms Newstead commented:
‘The restoration of secure, transparent and domestic critical mineral supply chains is essential to both U.S. defense readiness and the broader energy transition. Locksley’s integrated mine-to-market model and U.S. operational footprint, position it as a key contributor to these national objectives. I’m honored to support the team’s strategy and growth trajectory.’
About Locksley Resources Limited:
Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.
Mojave Project
Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.
In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.
Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.
Tottenham Project
Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation
Source:
Locksley Resources Limited
Contact:
Kerrie Matthews
Chief Executive Officer
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au
News Provided by ABN Newswire via QuoteMedia
Brightstar Resources Limited (ASX: BTR) (Brightstar or Company) has announced Annual General Meeting Presentation.
Click here for the full ASX Release
Here’s a quick recap of the crypto landscape for Friday (November 21) as of 9:00 p.m. UTC.
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin (BTC) was priced at US$84,479.56, down by 2.4 percent over 24 hours. Its lowest price of the day was US$82,623.93, and its highest was US$85,341.10.
Bitcoin price performance, November 21, 2025.
Chart via TradingView.
Ether (ETH) was at US$2,736.67, down 3.8 percent over 24 hours. Its lowest price on Friday was US$2,685.25 and its highest was US$2,799.63.
CMC’s Crypto Fear & Greed Index plunged to 11, firmly in “extreme fear” and its lowest level since late 2022. Reports of large-scale whale liquidations have added to the uncertainty, amplifying pressure across an already fragile market.
CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.
Chart via CoinMarketCap.
Open interest in Bitcoin futures declined slightly by 0.98 percent, settling at approximately US$58.67 billion, while Ether futures saw a larger drop of 2.50 percent, closing at US$32.39 billion. This contraction in open interest suggests some unwinding of speculative positions or reduced leverage in the derivatives markets for both leading cryptocurrencies.
Bitcoin experienced US$30.48 million in contracts being liquidated, predominantly short positions, whereas Ether had a slightly higher US$32.43 million liquidated, also mostly shorts. This contrasts with recent days, where the vast majority of liquidations were long positions, indicating a shift in market dynamics and trader positioning.
Bitcoin’s relative strength index was low at 31.32, signaling that it is nearing oversold territory, which can often precede a price rebound or a period of consolidation. Its funding rate was recorded at a modestly positive 0.003 percent, indicating a nearly balanced market where long traders pay a small premium to shorts, reflecting moderate bullish sentiment or mild cost for holding long perpetual contracts.
Ether’s funding rate was higher at 0.01 percent, suggesting stronger bullish positioning and higher demand for long exposure in Ether perpetual futures. Generally, positive funding rates imply that longs are paying shorts, signaling optimism about price appreciation. However, considering liquidations skewed toward shorts recently, this could reflect traders attempting to position for a reversal or hedging against potential volatility.
Anchorage Digital now supports full custody and staking for HYPE tokens across the Hyperliquid ecosystem. Institutions can custody HYPE on HyperEVM and stake on HyperCORE through Anchorage Digital Bank, the only federally chartered crypto bank in the US, as well as through Anchorage Digital Singapore and the self-custody wallet Porto.
Partnering with staking provider Figment, Anchorage now offers a regulated pathway for institutional participation in the Hyperliquid DeFi ecosystem. This expansion also includes custody for additional ERC-20 tokens like Kinetiq, enhancing institutional access to Hyperliquid’s fast-growing blockchain infrastructure.
Khurram Dara, a 36-year-old cryptocurrency lawyer with experience at Coinbase Global (NASDAQ:COIN) and Bain Capital Crypto, has announced his candidacy for attorney general in the state of New York.
Dara is seeking the Republican nomination to challenge the incumbent Democrat, Letitia James, in the 2026 election. Dara’s campaign focuses on ending what he calls ‘lawfare,’ the use of legal tactics for political gain, reducing regulatory overreach, especially in the crypto sector and fostering a more business-friendly environment in New York.
Dara holds a JD from Columbia Law and is affiliated with the Council on Foreign Relations and crypto advocacy groups. He resides in Brooklyn and will face Republican primary competition from Michael Henry.
BitMine Immersion Technologies (NYSEAMERICAN:BMNR) announced net income of US$328.2 million for its 2025 fiscal year, with fully diluted earnings per share of US$13.39.
The company also declared an annual dividend of US$0.01 per share, becoming the first large-cap crypto firm to pay a dividend. Notably, BitMine announced plans to launch its ‘Made-in-America Validator Network,’ an Ethereum staking infrastructure, in early 2026 with initial pilot partners selected for testing.
Coinbase has launched a new lending feature for eligible US users.
They will be able borrow up to US$1 million in USDC by using Ether as collateral. The product is integrated with the Morpho protocol on Base, though users interact with it entirely through Coinbase’s interface. Borrowers keep exposure to Ether’s price movements while accessing liquidity without having to sell their holdings.
The service is available across most US states, with the exception of New York due to regulatory requirements.
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.
HIGHLIGHTS:
Heliostar Metals Ltd. (TSXV: HSTR,OTC:HSTXF) (OTCQX: HSTXF) (FSE: RGG1) (‘Heliostar’ or the ‘Company’) is pleased to announce additional results from the current drill program at its 100% owned Ana Paula project in Guerrero, Mexico. The program aims to convert inferred ounces to higher confidence classifications. It will also support the ongoing Feasibility Study and testing the next exploration targets around the Ana Paula deposit.
Heliostar CEO, Charles Funk, commented, ‘It’s rare to find a deposit that consistently produces 50-100m wide drill intercepts of these gold grades. Ana Paula is wide, high-grade, and shallow, with good underground mining conditions. These factors drive the low $1,011 all in sustaining cost in our new PEA for the project. It will also drive high margins at the project. The current program is focused on upgrading inferred ounces to higher confidence categories and the new data will be incorporated into a Feasibility Study. The lower costs drive a lower cut-off grade in the planned mine that opens the potential for more inferred material conversion. To maximize this opportunity, we will expand the program by 33% to 20,000 metres to allow for more infill and exploration drilling at Ana Paula. Across the Company, we have another study, a Prefeasibility Study for Cerro del Gallo, planned this quarter. We are also drilling at San Agustin and La Colorada. These programs should increase production and unlock the value we see in our deep growth portfolio.’
Drilling Program
Heliostar has completed 44 holes and 12,615 metres drilled to date. Drilling is designed along north-south sections with angled holes to better define the overall east-west orientation of the High Grade Panel. Heliostar’s drilling approach at Ana Paula has been to change the direction of drilling by approximately 90 degrees from the majority of historic intercepts. The Company believes that this change contributed to demonstrating more continuous and higher-grade gold mineralization within the High Grade Panel than recognized by previous operators.
Where appropriate, the holes are also being used to collect rock strength data, hydrogeologic data and samples for further metallurgical studies that will directly influence the Ana Paula mine design in the ongoing Feasibility Study.
Drill Results Summary
Holes AP-25-331, AP-25-333, AP-25-334 and AP-25-336 are resource conversion holes drilled in the central part of the High Grade Panel. Holes AP-25-334 and AP-25-336 were drilled on the same fence, with AP-25-334 targeting the polymictic breccia and hanging wall mineralization, and AP-25-336 targeting the polymictic breccia and footwall mineralization. Hole AP-25-334 intercepted a wide zone of 92.05 metres (‘m’) grading 4.33 grams per tonne (‘g/t’) gold, whilst AP-25-336 returned intervals of 3.2 m at 15.58 g/t gold, 65.15 m at 5.39 g/t and 43.55 m at 4.66 g/t gold with a 3.05 m interval with 24.64 g/t gold.
Figure 1: Plan Map of the current drill program at Ana Paula
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7729/275661_ee215e99b48368f4_003full.jpg
Figure 2: Cross-Section through newly reported holes AP-25-334 and AP-25-336
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7729/275661_ee215e99b48368f4_004full.jpg
Hole AP-25-333 is located 60 m to the east of the above-mentioned fence and returned two high-grade intervals of 26.6 m grading 4.78 g/t gold and 83.2 m grading 17.35 g/t gold. Hole AP-25-331 is a step out 32 m to the southeast and returned a 7.95 m zone grading 7.92 g/t gold and a wide high-grade interval of 70.65 m at 9.38 g/t gold.
Holes AP-25-330, AP-25-332 and AP-25-335A are geotechnical holes for mine development planning and returned assay results in line with expectations, including intervals of 48.5 m of 5.48 g/t gold, 5.2 m of 4.23 g/t gold and 35.55 m of 6.73 g/t gold, respectively.
True widths are unknown. Mineralization at Ana Paula occurs as disseminations or vein stockworks with variable controls including rock porosity, lithology and fault networks.
Drilling continues throughout the High Grade Panel and its less well-defined east and west edges, with assays pending from twelve holes. Two of the drills have begun to target deeper inferred mineralization and the northern exploration zone, which is approximately 250 m north of the High Grade Panel that has two drill holes pending assay.
The next Ana Paula drill results are anticipated to be released in December.
Drilling Results and Coordinates Tables
Table 1: Significant Drill Intersections
| Holey | From (metres) |
To (metres) |
Interval (metres) |
Au (g/t) |
Topcut Au (g/t) |
Hole Purpose |
| AP-25-330 | 45.4 | 93.9 | 48.5 | 5.48 | Geotechnical Hole | |
| including | 45.4 | 53.6 | 8.2 | 7.41 | ||
| and | 82.3 | 85.5 | 3.2 | 20.8 | ||
| AP-25-331 | 29.9 | 38.85 | 8.95 | 7.27 | Resource Hole | |
| including | 36.0 | 38.85 | 2.85 | 15.5 | ||
| and | 49.65 | 120.3 | 70.65 | 9.38 | 1 | |
| including | 59.65 | 75.0 | 15.35 | 18.3 | ||
| AP-25-332 | 140.5 | 145.75 | 5.25 | 4.23 | Geotechnical Hole | |
| AP-25-333 | 38.8 | 65.4 | 26.6 | 4.78 | 4.58 | Resource Hole2 |
| including | 38.8 | 44.45 | 5.65 | 11.3 | 10.4 | 2 |
| and including | 59.7 | 65.4 | 5.7 | 9.45 | ||
| and | 76.0 | 159.2 | 83.2 | 17.3 | 15.8 | 1,2 |
| including | 88.95 | 135.6 | 46.65 | 27.3 | 24.5 | 3 |
| and including | 146.1 | 155.3 | 9.2 | 9.60 | ||
| AP-25-334 | 97.1 | 189.15 | 92.05 | 4.33 | Resource Hole | |
| including | 98.2 | 105.85 | 7.65 | 8.17 | ||
| and including | 140.15 | 147.15 | 7.0 | 8.49 | ||
| and including | 166.1 | 180.0 | 13.9 | 9.70 | ||
| AP-25-335A | 12.75 | 21.2 | 8.45 | 4.76 | Geotechnical Hole | |
| and | 45.0 | 80.55 | 35.55 | 6.73 | ||
| including | 45.0 | 51.7 | 6.7 | 11.0 | ||
| and including | 62.2 | 80.55 | 18.35 | 7.94 | ||
| and | 102.6 | 108.2 | 5.6 | 4.67 | ||
| and | 140.55 | 145.8 | 5.25 | 5.01 | ||
| AP-25-336 | 25.15 | 28.35 | 3.2 | 15.6 | Resource Hole | |
| and | 128.35 | 141.7 | 13.35 | 2.50 | ||
| including | 128.35 | 132.0 | 3.65 | 6.85 | ||
| and | 152.2 | 217.35 | 65.15 | 5.39 | 4.98 | 4 |
| including | 152.2 | 162.4 | 10.2 | 13.6 | ||
| including | 173.8 | 176.85 | 3.05 | 24.6 | 15.8 | 4 |
1 Result reported in November 20th Q3, 2025 quarterly news release
2 Top cut to 47 ppm Au based on resource model domains
3 Top cut to 64 ppm Au based on resource model domains
4 Top cut to 38 ppm Au based on resource model domains
Drilling Coordinates Table
Table 2: Drill Hole Details
| Hole ID | Easting (WGS84 Zone 14N) |
Northing (WGS84 Zone 14N) |
Elevation (metres) |
Azimuth (°) |
Inclination (°) |
Length (metres) |
| AP-25-330 | 410,274 | 1,997,960 | 962.6 | 0 | -53 | 126.0 |
| AP-25-331 | 410,205 | 1,998,038 | 917.7 | 180 | -50 | 192.0 |
| AP-25-332 | 410,030 | 1,998,137 | 972.8 | 180 | -55 | 329.4 |
| AP-25-333 | 410,191 | 1,998,065 | 907.1 | 180 | -55 | 204.0 |
| AP-25-334 | 410,126 | 1,998,071 | 931.8 | 178 | -55 | 302.0 |
| AP-25-335A | 410,254 | 1,998,038 | 913.4 | 180 | -46 | 237.0 |
| AP-25-336 | 410,128 | 1,998,121 | 933.8 | 180 | -55 | 353.0 |
Ana Paula Preliminary Economic Assessment Note
Heliostar announced the results of a Preliminary Economic Assessment on November 6, 2025. References to the results in this release are provided in greater detail here.
Quality Assurance / Quality Control
Drill core is PQ size, and the core is cut in half, with half sent for analysis. Core samples were shipped to ALS Limited in Zacatecas, Zacatecas, Mexico, for sample preparation and for analysis at the ALS laboratory in North Vancouver. The Zacatecas and North Vancouver ALS facilities are ISO/IEC 17025 certified. Gold was assayed by 30-gram fire assay with atomic absorption spectroscopy finish, and overlimits were analyzed by 30-gram fire assay with gravimetric finish.
Control samples comprising certified reference and blank samples were systematically inserted into the sample stream and analyzed as part of the Company’s quality assurance / quality control protocol.
Statement of Qualified Person
Stewart Harris, P.Geo., a Qualified Person, as such term is defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed the scientific and technical information that forms the basis for this news release and has approved the disclosure herein. Mr. Harris is employed as Exploration Manager of the Company.
About Heliostar Metals Ltd.
Heliostar is a gold mining company with production from operating mines in Mexico. This includes the La Colorada Mine in Sonora and the San Agustin Mine in Durango. The Company also has a strong portfolio of development projects in Mexico and the USA. These include the Ana Paula project in Guerrero, the Cerro del Gallo project in Guanajuato, the San Antonio project in Baja Sur and the Unga project in Alaska, USA.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
| Charles Funk President and Chief Executive Officer Heliostar Metals Limited Email: charles.funk@heliostarmetals.com Phone: +1 844-753-0045 |
Rob Grey Investor Relations Manager Heliostar Metals Limited Email: rob.grey@heliostarmetals.com Phone: +1 844-753-0045 |
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain ‘Forward-Looking Statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995 and ‘forward-looking information’ under applicable Canadian securities laws. When used in this news release, the words ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘target’, ‘plan’, ‘forecast’, ‘may’, ‘would’, ‘could’, ‘schedule’ and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things, show the full extent of the deposit, upgrade and expand the resource base, growing our annual production profile in the near term and bringing additional production online.
Forward-looking statements and forward-looking information relating to the terms and completion of the Facility, any future mineral production, liquidity, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the receipt of necessary approvals, price of metals; no escalation in the severity of public health crises or ongoing military conflicts; costs of exploration and development; the estimated costs of development of exploration projects; and the Company’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
These statements reflect the Company’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political, and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding exploration and mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises, ongoing military conflicts and general economic factors to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption ‘Risk Factors’ in the Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275661
News Provided by Newsfile via QuoteMedia
Bitmine Immersion Technologies, the largest Ethereum treasury, has purchased an additional 28,625 ETH. Tom Lee-backed Ethereum treasury firm continues to buy the dip, according to on-chain data on Monday. BMNR jumps almost 5% during premarket hours. Tom Lee’s Bitmine Immersion Buys $82.11 Million in Ethereum Funstrat’s Tome Lee-backed Ethereum treasury firm Bitmine Immersion Technologies added
The post Tom Lee’s Bitmine Immersion Buys $82M in Ethereum, BMNR Stock Jumps appeared first on CoinGape.