Market Signal Briefing

The U.S. Air Force has delayed the expected delivery of the first of two new Air Force One jets by another year to mid-2028, Bloomberg News reported on Friday.

December 12, 2025 18:04 ET

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Rocky Shore Gold Ltd.

TORONTO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Rocky Shore Gold Ltd. (“Rocky Shore” or the “Company”) (CSE: RSG) is pleased to announce that, through a wholly-owned subsidiary, it has completed the previously announced purchase agreement for the acquisition of the Brady Property and made the first option payment due under the Huxter Lane Option Agreement (see press release dated December 2, 2025).

In connection with the Brady Property Purchase Agreement, the Company made a cash payment of $75,000 and issued to the vendor 1,000,000 common shares of Rocky Shore. The vendor shall retain a 0.5% NSR which Rocky Shore’s subsidiary may repurchase, at any time, for $250,000 in cash. An underlying 2% NSR on the property exists, which can be repurchased, at any time, for $1,000,000 in cash.

In connection with the Huxter Lane Option Agreement, the Company made an initial payment consisting of $100,000 in cash, and issued to the optionors an aggregate of 2,000,000 common shares of Rocky Shore.

The shares issued by the Company pursuant to the Brady Property Purchase Agreement and the Huxter Lane Option Agreement are subject to a four month plus a day hold period expiring on April 13, 2026.

GRANT OF INCENTIVE STOCK OPTIONS

The Company also announces that it has granted 5,100,000 incentive stock options (“Options”) pursuant to the Company’s omnibus equity incentive plan (the “Plan”) to officers, directors and consultants of the Company. Each Option is exercisable into one common share of the Company at an exercise price of $0.20 for a five-year term expiring on December 12, 2030. One-half of the Options vest immediately with the remaining one-half vesting on December 12, 2026, and are subject to a four-month hold period from the date of issuance thereof.

QUALIFIED PERSON

Ken Lapierre, P. Geo., President and CEO of the Company, is a Qualified Person in accordance with the Canadian regulatory requirements as set out in National Instrument 43-101, has reviewed and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

ABOUT ROCKY SHORE GOLD LTD.

Rocky Shore Gold is a focused Canadian exploration company targeting expansion of its two gold deposits and discovery of major gold zones at its 100%-owned Gold Anchor Project. The project is strategically located in central Newfoundland - one of Canada’s most promising and underexplored gold belts. The district-scale project is the second-largest (greater than 1,200 square kilometres) property within an emerging gold district. It hosts two large porphyry-controlled gold deposits and high-grade structurally-controlled gold targets on trend to major gold discoveries and recent gold deposits northeast of the Gold Anchor Project. Numerous gold-bearing targets are within the project limits, and several are associated with the highly prospective Appleton and JBP Faults. For more information, please visit our website at www.rockyshoregold.com.

Rocky Shore would like to acknowledge the financial support and approval of the 2025 Junior Exploration Assistance Program from the Department of Natural Resources, Government of Newfoundland and Labrador.

For more information, please contact:

Ken Lapierre, President & CEO
Rocky Shore Gold Ltd.
T: +1 (647) 678-3879

E: [email protected]

Cathy Hume, CEO

CHF Capital Markets

T: +1 (416) 868-1079 x 251

E: [email protected]

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “does not anticipate”, or “believes” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur”, or “be achieved”. Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, including, but not limited to, the acquisition of the additional noted properties and the advancement of the Company’s properties post-acquisition. The forward-looking information is based on reasonable assumptions and estimates of the management of the Company at the time such statements were made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Rocky Shore to be materially different from those expressed or implied by such forward-looking information, including risks associated with the exploration; future commodity prices; changes in regulations; political or economic developments; environmental risks; permitting timelines; capital expenditures; technical difficulties in connection with exploration activities; employee relations; the speculative nature of mineral including the risks of diminishing quantities of grades of resources, contests over title to properties, the Company’s limited operating history, future capital needs and uncertainty of additional financing, and the competitive nature of the mining industry; the need for the Company to manage its future strategic plans; global economic and financial market conditions; uninsurable risks; and changes in project parameters as plans continue to be evaluated. Although Rocky Shore has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Although the forward-looking information contained in this news release is based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, Rocky Shore cannot assure shareholders that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. Rocky Shore does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking information, except as required by applicable securities law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

BENSALEM, Pa., Dec. 12, 2025 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at (215) 638-4847 or by email to [email protected].

Freeport-McMoRan Inc. (NYSE: FCX)
Class Period: February 15, 2022 – September 24, 2025
Lead Plaintiff Deadline: January 12, 2026

The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (i) Freeport did not adequately ensure safety at the Grasberg Block Cave mine in Indonesia; (ii) the lack of proper safety precautions constituted a heightened risk that could foreseeably lead to the death of Freeport's workers; (iii) this constituted an undisclosed heightened risk of regulatory, litigation, and reputational risk; and (iiii) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Perrigo Company plc (NYSE: PRGO)
Class Period: February 27, 2023 – November 4, 2025
Lead Plaintiff Deadline: January 16, 2026

The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (i) that the infant formula business acquired from Nestlé suffered from significant underinvestment in maintenance, operational improvements, and repairs; (ii) that Perrigo needed to make substantial capital and operational expenditures above the Company’s outwardly stated cost estimates to remediate the infant formula business; (iii) that there were significant manufacturing deficiencies in the facility for the Company’s infant formula business; (iiii) that, as a result of the foregoing, the Company’s financial results, including earnings and cash flow, were overstated; and (v) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

StubHub Holdings, Inc. (NYSE: STUB)
Class Period: September 2025 IPO
Lead Plaintiff Deadline: January 23, 2026

The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company was experiencing changes in the timing of payments to vendors; (ii) those changes had a significant adverse impact on free cash flow, including trailing 12 months (“TTM”) free cash flow; (iii) as a result, the Company’s free cash flow reports were materially misleading; and (iiii) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Alexandria Real Estate Equities, Inc. (NYSE: ARE)
Class Period: January 27, 2025 – October 27, 2025
Lead Plaintiff Deadline: January 26, 2026

The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company's LIC value and potential growth as a life-science destination had been declining for years; (ii) the Company overstated its LIC property’s value as a life-science destination and downplayed its declining leading value and occupancy stability; and (iii) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847 or by email to [email protected], or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com

NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES

VANCOUVER, BC / ACCESS Newswire / December 12, 2025 / Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE:PRR)(OTCQB:PRRSF)(FRA:OED) is pleased to announce a non-brokered private placement (the "Offering") of up to $800,000 through the issue of up to 8,888,889 critical mineral flow-through units (the "Units") at a price of $0.09 per Unit.

Len Brownlie, Ph.D, President and CEO of Prospect Ridge, commented: "Our multi-faceted 2025 exploration campaign was successful in identifying multiple drill targets on the Company's Excalibur, Castle and Camelot copper-gold porphyry projects. The next step towards a discovery on each of these projects will be to drill test them. While our recently completed financing added $1.6M to the treasury to fund the initial 2026 drilling program, the Company has elected, in light of further investment interest, to accept additional funds for the program at this time. The additional funds will alleviate market uncertainty and ensure that the Company is able to secure all required contractors and supplies early in 2026 - ahead of an expected shortage in the summer of 2026 - allowing management to begin drilling as soon as possible and to more fully focus on the program itself."

Each Unit will consist of one flow-through common share (an "FT Share") of the Company and one-half of a warrant, with a whole warrant (a "Warrant") being exercisable to purchase one non-flow-through common share (a "Warrant Share") of the Company at a price of $0.15 for a period of two years after closing. The Warrants will be subject to accelerated expiry if the Company's common shares trade or close on the Canadian Securities Exchange (the "Exchange") at $0.25 or more for ten consecutive trading days.

The Company intends to use the gross proceeds from the FT Shares to incur, on its mineral projects in British Columbia, eligible "Canadian exploration expenses" that will also qualify as "flow-through critical mineral mining expenditures" under the Income Tax Act (Canada) (the "ITA"). The Company intends to allocate the funds to its 2026 drill programs at one or more of the Company's Excalibur, Castle and Camelot projects.

The closing of the Offering is subject to certain closing conditions, including the receipt of all necessary approvals including Exchange acceptance. All securities issued will be subject to a statutory and/or Exchange hold period of four months plus one day from closing. The Company may pay finder fees in compliance with applicable securities laws and Exchange policies and subject to the receipt of any necessary regulatory approvals.

The securities to be offered under the Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Prospect Ridge Resources Corp.

Prospect Ridge Resources Corp. is a British Columbia-based exploration and development company focused on critical metals and gold. Led by a management and technical team with over 100 years of combined mineral exploration experience, Prospect Ridge is dedicated to advancing its portfolio of properties in the Golden Horseshoe and Cariboo regions of north-central British Columbia that have the potential to become the next large copper/gold porphyry discovery across this vastly under-explored region.

Contact Information

Prospect Ridge Resources Corp.
Mike Iverson - Chairman, Director
Email: [email protected]
24549 - 53 Avenue
Langley, BC V2Z1H6
604-351-3351

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements and information ("FLI") that may constitute forward-looking information within the meaning of applicable Canadian securities laws. FLI relates to future events or future performance and reflect the current expectations or beliefs of the Company's management. Anything that is not historical fact is FLI. Generally, FLI can be, without limitation, identified by the use of forward-looking wording such as "plans", " intends", "believes", "expects", "anticipates" or "estimates", and statements or phrases that certain actions, events or results " may", "might", " could", " should" or " would"occur, and similar expressions. FLI is not historical fact, is made as of the date of this news release and includes, without limitation, statements and discussions of future plans, intentions, expectations, estimates and forecasts, and statements as to management's intentions and expectations with respect to, among other things, positive exploration results at the Camelot, Holy Grail/Knauss Creek, Castle or Excalibur Projects. FLI involves numerous risks and uncertainties, and are based on assumptions, and actual results might differ materially from results suggested in any FLI. These risks and uncertainties include, among other things, the availability of financing to continue exploration activities, the availability and cost of qualified exploration personnel and service providers, and that future exploration results at the Camelot, Holy Grail/Knauss Creek, Castle or Excalibur Projects will not be as anticipated. In making any FLI in this news release, the Company has applied several material assumptions, including without limitation, that future exploration results at the Camelot, Holy Grail/Knauss Creek, Castle or Excalibur Projects will be as anticipated. Although management has endeavored to evaluate and use reasonable assumptions and to identify important factors that could cause actual results to differ materially from those contained in FLI, these assumptions may prove incorrect and there may be other factors that cause results not to be as intended, expected, anticipated or estimated. There can be no assurance that FLI will prove to be accurate, and actual results and future events could differ materially from those expressed in FLI. Accordingly, readers should not place undue reliance on FLI, and are further cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any FLI expressed or incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

SOURCE: Prospect Ridge Resources Corp.

LOS ANGELES, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming January 5, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Inspire Medical Sytems, Inc. ("Inspire" or the "Company") (NYSE: INSP) securities between August 6, 2024 and August 4, 2025 inclusive (the “Class Period”).

IF YOU SUFFERED A LOSS ON YOUR INSPIRE INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?
On August 4, 2025, Inspire disclosed that the launch of its new sleep apnea device, the Inspire V, was facing an “elongated timeframe” due to several issues, including “many centers [not completing] the training, contracting and onboarding criteria required prior to the purchase and implant of Inspire V,” “software updates for claims submissions and processing” not taking effect until early July, and excess inventory causing poor demand. Further, the Company reduced its 2025 earnings guidance by more than 80%, from $2.20 to $2.30 per share to $0.40 to $0.50 per share.

On this news, Inspire’s stock price fell $42.04, or 32.4%, to close at $87.91 per share on August 5, 2025, thereby injuring investors.

What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) demand for Inspire V was poor, as providers had significant amounts of surplus inventory and were reluctant to transition to a new treatment; (2) Inspire failed to complete training and onboarding for “many” of its treatment center customers; failed to set up basic IT systems, including a customer approval process; failed to ensure that critical insurer claims software was properly updated to facilitate claims processing and payment; and failed to ensure that Medicare reimbursement was in place at the time of the launch; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired Inspire common stock during the Class Period, you may move the Court no later than January 5, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

WALTHAM, Mass.--(BUSINESS WIRE)--Innoviva Specialty Therapeutics, a subsidiary of Innoviva, Inc. (NASDAQ: INVA), today announced that the U.S. Food and Drug Administration (FDA) has approved NUZOLVENCE® (zoliflodacin) for oral suspension, a first-in-class, single-dose oral medication for the treatment of uncomplicated urogenital gonorrhea in adults and pediatric patients 12 years and older weighing at least 35 kg. The development of NUZOLVENCE was part of a private, not-for-profit collaboration.

The inaugural Pi hackathon has borne fruit in a dating app, a loyalty program & Pac-Man flavored game.

Tether, one of the world's largest crypto firms, said Friday it wants to buy the famous Italian football club Juventus.

“For me, Juventus has always been part of my life,” Tether CEO Paolo Ardoino said in a statement. “I grew up with this team. As a boy, I learned what commitment, resilience, and responsibility meant by watching Juventus face success and adversity with dignity."

While Tether has made many investments with the billions of dollars of profit it has made from issuing USDT, this could rank as the highest-profile move in the organization's history. The company has invested in artificial intelligence and gold, among other things.

The stablecoin issuer has submitted a bid to acquire Exor's entire stake in the football club, subject to regulatory approvals. Exor is a publicly listed holding company for the Agnelli family, scions of the Fiat automobile empire, and the long-time controlling owner of Juventus.

"In the event that the transaction completes, Tether is prepared to invest 1 billion Euros in the support and development of the club," the company added.

In February, Tether acquired a minority stake in Juventus. Juventus has partnerships with major brands including the sportswear giant Adidas, Jeep, and the insurance firm Allianz, according to its website.

Tether is said to be exploring whether to tokenize its equity once it completes a planned share sale that aims to raise as much as $20 billion and value the company at roughly $500 billion, Bloomberg reported Friday.

The stablecoin issuer generated profits of over $10 billion during the first three quarters of this year and is looking to diversify its portfolio. 

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

On December 12, 2010, the enigmatic creator of Bitcoin, known only under the pseudonym Satoshi Nakamoto, made his final post on the bitcointalk.org forum. This marked a pivotal moment in the history of digital currency, as Bitcoin began charting its own path without its creator’s direct oversight. At that time, Nakamoto was intensely focused on enhancing the Bitcoin software and ensuring the network could operate autonomously. This farewell was not announced with fanfare but came as a silent withdrawal, leaving the community to take charge.

Satoshi’s departure is a landmark in Bitcoin’s history, underscoring the ethos of decentralization. By walking away, Nakamoto solidified the notion that Bitcoin is designed to operate without a central authority, reinforcing its credibility as a decentralized currency. This relinquishment of control occurred at a crucial juncture when Bitcoin was still gaining traction and required robust mechanisms to stand the test of time.

The significance of Nakamoto’s exit cannot be understated. It posed both an opportunity and a challenge for the burgeoning community. On one hand, it liberated developers and users to lead innovation without awaiting directives from the enigmatic founder. On the other hand, it thrust the community into a leadership role, demanding resilience and adaptability to guide Bitcoin through uncharted waters. This transition was further complicated by the nascent stage of the cryptocurrency landscape, which was marked by skepticism and volatility.

In the years since Nakamoto’s departure, Bitcoin has flourished, with its market cap soaring and its influence pervading global financial markets. Governments, financial institutions, and investors have come to recognize its potential, leading to widespread adoption and regulation debates. Notably, some countries have integrated Bitcoin into their financial systems, with El Salvador pioneering its use as legal tender in 2021. This move sparked a global conversation about the role of cryptocurrencies in the modern economy.

However, Nakamoto’s absence has also left the community grappling with some inherent risks. The lack of a central figure can complicate decision-making processes, as stakeholders often hold divergent views on the currency’s future. This has resulted in contentious debates and forks, where differing philosophies on Bitcoin’s direction lead to the creation of new, separate blockchains. Such divisions underscore the challenges of maintaining cohesion and consensus within a decentralized network.

In considering Bitcoin’s evolution, it is crucial to explore the broader context of digital currency development. Prior to Bitcoin, attempts at creating digital money existed but failed to achieve Nakamoto’s level of success. Projects like Bit Gold and B-Money laid foundational ideas but did not reach practical implementation or widespread use. Bitcoin’s breakthrough was its ingenious use of blockchain technology to solve the double-spending problem, enabling a secure and immutable transaction ledger.

Today, Bitcoin stands as the most recognized and valuable cryptocurrency, serving as a benchmark for the industry. Its journey from a niche concept to a mainstream financial instrument is testament to the resilience and innovation of its community. Despite fluctuations in its value and ongoing debates about its environmental impact, Bitcoin continues to play a pivotal role in shaping the future of digital finance.

Central to Bitcoin’s success has been its ability to inspire a new wave of blockchain-based innovations. The rise of altcoins, decentralized finance (DeFi), and non-fungible tokens (NFTs) can all trace their origins back to the path Bitcoin blazed. These developments have expanded the possibilities of blockchain applications, encouraging the exploration of new frontiers in technology and finance.

Yet, as Bitcoin marks this milestone, challenges remain on the horizon. Regulatory scrutiny is intensifying worldwide as governments seek to understand and control the influence of cryptocurrencies on traditional financial systems. There are growing calls for comprehensive regulations to mitigate potential risks such as money laundering, fraud, and market manipulation. Balancing innovation with regulatory compliance is a delicate act that the cryptocurrency community must navigate to ensure sustainable growth.

While regulation poses a significant hurdle, the potential benefits of cryptocurrency adoption cannot be ignored. Digital currencies offer the promise of financial inclusion by providing access to banking services for the unbanked and underbanked populations. They also facilitate faster and cheaper cross-border transactions, challenging the traditional banking infrastructure.

Despite these opportunities, Bitcoin’s future is not without its critics. Some financial experts argue that its volatile nature and lack of intrinsic value make it unsuitable as a stable currency. Concerns about its environmental impact, particularly the energy consumption associated with mining, have also drawn significant attention. These issues highlight the ongoing debate about Bitcoin’s long-term viability and sustainability.

Looking forward, the continued evolution of Bitcoin and the broader cryptocurrency market will likely hinge on technological advancements and regulatory developments. Innovations such as the Lightning Network aim to enhance Bitcoin’s scalability and transaction speed, potentially addressing some of its current limitations. Meanwhile, how governments choose to regulate or support cryptocurrencies will significantly impact their integration into global financial systems.

In conclusion, the anniversary of Satoshi Nakamoto’s final public communication is an opportunity to reflect on Bitcoin’s journey and the transformative impact it has had on the financial landscape. As the community forges ahead without its enigmatic founder, the principles of decentralization and innovation continue to guide its path. Whether Bitcoin will ultimately fulfill its promise as a revolutionary financial instrument remains to be seen, but its influence on the world of finance is undeniable and likely to grow in the years to come.

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On December 12, 2025, Amina Bank, located in Switzerland, revealed its adoption of Ripple Payments, marking a significant advancement in the European banking industry. As the first bank in Europe to integrate this innovative cross-border payments technology, Amina Bank is setting a precedent for reducing transaction costs and easing the transfer process for both stablecoin and fiat currencies.

Ripple, a blockchain-based digital payment protocol, offers a transformative solution for international transactions. Its technology bypasses traditional banking systems, which are often slow and burdened with high costs. By using Ripple’s network, financial institutions can settle cross-border payments in a matter of seconds, rather than days. This not only improves efficiency but also drastically cuts down on operational costs, which can then be passed down to customers in the form of lower fees.

The decision by Amina Bank to incorporate Ripple Payments is emblematic of a broader trend among financial institutions seeking to enhance their payment infrastructures. In recent years, blockchain technology has gained traction across various sectors, aiming to revolutionize how transactions are conducted. For the banking industry, the integration of such technologies can mean more secure and transparent operations.

Historically, the European banking sector has been conservative in adopting new technologies. However, the growing demand for faster and cheaper international transactions is pushing banks to explore innovative solutions. The European Union has been proactive in creating a regulatory framework that encourages the adoption of fintech solutions while ensuring consumer protection. This regulatory environment has facilitated innovative approaches like Amina Bank’s latest move.

Furthermore, the World Bank estimates that global remittance flows reached over $700 billion in 2023, with Europe being a significant contributor. As such, the need for efficient cross-border payment systems is increasingly vital. By adopting Ripple Payments, Amina Bank not only aims to capture a share of this lucrative market but also sets a benchmark for other banks in the region.

Amina Bank’s CEO, Claudia Ritter, emphasized the importance of staying ahead in the rapidly evolving financial landscape. “Embracing Ripple Payments aligns with our commitment to innovation and customer satisfaction. We are excited to lead the way in Europe, offering our clients more efficient and cost-effective payment options,” she stated. This strategic decision highlights Amina Bank’s forward-thinking approach to banking and positions it as a leader in digital finance.

However, the incorporation of blockchain technology in traditional banking is not without its risks. Critics point out that while blockchain offers numerous benefits, it also raises concerns about data privacy and security. Given that blockchain transactions are immutable, any error or fraudulent activity could be difficult to rectify. Moreover, the technology’s decentralization poses challenges in regulatory oversight, making it a double-edged sword for financial institutions.

Additionally, the ongoing volatility in the cryptocurrency market is another factor banks must consider. While Ripple itself is not directly influenced by the price fluctuations of cryptocurrencies like Bitcoin, the broader market’s instability can impact user confidence in digital payment solutions. Banks adopting such technologies need to ensure they have robust risk management strategies in place to mitigate potential pitfalls.

Despite these challenges, the potential benefits of Ripple Payments are hard to ignore. Ripple’s unique consensus algorithm allows for faster transaction processing compared to traditional methods, which rely on a network of correspondent banks. This system eliminates the need for intermediaries, thereby reducing costs and time delays. For businesses and individuals who frequently engage in cross-border transactions, this is a game-changer.

The integration of Ripple Payments by Amina Bank could potentially influence other financial institutions within Europe to follow suit. As competition intensifies, banks are under pressure to offer the best services to retain and attract customers. Adopting cutting-edge technologies like Ripple can provide a competitive edge and ensure long-term success in a digital-first world.

In conclusion, Amina Bank’s move to integrate Ripple Payments is a significant step towards embracing digital transformation in the European banking industry. While it brings with it a series of challenges, the advantages it offers in terms of cost reduction, efficiency, and enhanced customer experience are undeniable. As more banks explore similar technologies, the landscape of international banking is poised for a major shift. The coming years will likely see an increased adoption of blockchain solutions, paving the way for a more interconnected and seamless global financial system.

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flash news

Stablecoin Giant Tether Shifts Toward Buybacks and Tokenized Equity

Tether blocked private share sales at heavily discounted prices while preparing a fundraising round of up to $20 billion with a $500 billion target valuation.

flash news

Tether Launches QVAC Health, an AI-Powered App

Tether announced this Wednesday a significant strategic expansion into the health and artificial intelligence (AI) sectors with the launch of its new application, QVAC Health.

Stablecoins

Tether and HoneyCoin push USD₮ stablecoin deeper into African payments

TL;DR Tether partners with HoneyCoin to expand stablecoin access for African merchants. Launch focuses on cashless POS platform for USD₮ payments in Kenya. Aims to

Stablecoins

Tether’s USDT secures key regulatory label in Abu Dhabi’s ADGM

TL;DR Abu Dhabi approves USDT as a regulated “accepted fiat-referenced token”. This allows licensed institutions to integrate USDT for payments and settlements. The region also

Technology

Tether Introduces QVAC Fabric, an On-Device Large Language Model System

TL;DR Tether launches a local AI system called QVAC Fabric LLM that allows users to run and train models on consumer hardware without relying on

Stablecoins

USDT Stability at Risk? BitMEX Founder Flags Dangers of Tether’s Bitcoin Exposure

TL;DR Tether holds $22.8 billion in Bitcoin and gold, plus $127 billion in Treasuries. CEO Paolo Ardoino states the firm has $7 billion in excess

23 minutes ago

The comments followed the asset management company’s policy change allowing its clients to trade crypto exchange-traded funds.

Bitcoin is a purely speculative asset and is akin to a collectible toy, according to John Ameriks, the global head of quantitative equity at asset management company Vanguard.

“It’s difficult for me to think about Bitcoin as anything more than a digital Labubu,” Ameriks said at Bloomberg’s ETFs in Depth conference in New York City.

Labulus are collectible plush toys featuring animals with anthropomorphic features. Despite Ameriks’ criticism, he said that Bitcoin (BTC) may have value beyond financial speculation in the future under certain circumstances.

The cryptocurrency could find real-world use cases beyond market speculation in scenarios of high fiat currency inflation or political instability, Ameriks said. These forces drive the adoption of alternative currencies.

Bitcoin’s price action from 2012 to 2025. Source: CoinMarketCapThe comments followed Vanguard’s announcement in December, allowing its clients to trade cryptocurrency funds for the first time, and highlight the doubts of analysts and executives in traditional finance about Bitcoin, even as its price hovers above $90,000, with 16 years of network uptime.

Vanguard finally makes the crypto leapVanguard was the last of the three major asset management companies, which include BlackRock and State Street, to allow clients to hold crypto investment vehicles.

“We allow people to hold and buy these ETFs on our platform if they wish to do so, but they do so with discretion,” Ameriks said, adding that Vanguard won’t offer investors “advice as to whether to buy or sell or which crypto tokens they ought to hold.”

ETFs remain a significant source of capital inflows into the digital asset markets. Source: Farside InvestorsThe policy change gives Vanguard’s over 50 million clients exposure to crypto markets and creates yet another bridge between traditional finance and digital assets, funneling money into crypto networks. The fresh capital injections from Vanguard’s clients could boost prices for cryptocurrencies tied to exchange-traded funds.

Magazine: Quantum attacking Bitcoin would be a waste of time: Kevin O’Leary

The Vanguard equity head dismissed Bitcoin as speculative, though the firm still expanded client access to crypto ETFs.

Five leading digital asset companies have received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as federally chartered national trust banks, marking a significant milestone for crypto regulation and U.S. dollar stablecoins. The approved firms include Ripple, Circle’s First National Digital Currency Bank, BitGo, Fidelity Digital Assets, and Paxos. Each previously operated under state-level charters and will now transition to conditional federal status, bringing them under direct OCC supervision.

The OCC is the sole federal authority responsible for chartering banks and trust institutions in the United States. This wave of approvals signals a major shift in federal policy toward digital assets, particularly stablecoin issuers. Since the start of President Donald Trump’s administration, the regulator—now led by Comptroller Jonathan Gould—has moved away from a restrictive approach to crypto and toward one that supports innovation within a regulated framework.

In a statement, Gould said the OCC aims to balance traditional and innovative financial services to ensure the federal banking system evolves alongside modern finance. If the firms meet regulatory requirements, they will join roughly 60 national trust banks authorized to perform fiduciary services such as digital asset custody, though they will still face limits compared to full-service national banks.

Ripple CEO Brad Garlinghouse called the decision “huge news,” highlighting its importance for Ripple’s RLUSD stablecoin and criticizing what he described as anti-competitive pressure from traditional banking interests. Circle, issuer of the $78 billion USDC stablecoin, said the charter would strengthen oversight of its reserves and allow it to expand institutional custody services. Paxos noted that federal regulation would provide greater clarity for issuing, trading, and settling digital assets, building on its long-standing New York DFS charter.

BitGo CEO Mike Belshe described the approvals as the end of the “war on crypto” and the beginning of deeper regulatory integration. The move comes amid broader efforts by the Trump administration to address alleged debanking of crypto firms, an issue the OCC recently acknowledged in a separate report.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

December 12, 2025 4:59 PM EST | Source: MultiSensor AI Holdings, Inc.
Houston, Texas--(Newsfile Corp. - December 12, 2025) - MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) ("MSAI," "we," "our" or the "Company"), a pioneer in AI-powered industrial condition-based maintenance and process control solutions, announced today that its upcoming special meeting of stockholders (the "Special Meeting"), which was initially scheduled for 10:00 a.m., Central Time, on December 15, 2025, has been postponed to 10:00 a.m., Central Time, on December 19, 2025. The postponed Special Meeting will continue to be held virtually at https://www.cstproxy.com/multisensorai/sm2025.

The close of business on November 4, 2025 will continue to be the record date for the determination of stockholders of the Company entitled to vote at the Special Meeting. Stockholders of the Company who have previously submitted their proxy and who do not want to change their vote do not need to take any action.

No changes have been made to the proposals to be voted on by stockholders at the Special Meeting. The Company encourages all of its stockholders to read the Company's definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission (the "SEC") on December 1, 2025 (the "Proxy Statement") and distributed to the stockholders. Stockholders are also able to obtain, for free, copies of documents filed with the SEC at the SEC's website at http://www.sec.gov.

The Company will continue to solicit votes from its stockholders with respect to the proposals set forth in the Proxy Statement. The Company encourages all stockholders who have not submitted their proxy to do so before 11:59 p.m. Eastern Time on December 18, 2025.

About MultiSensor AI Holdings, Inc.

MultiSensor AI builds and deploys intelligent multi-sensing platforms incorporating edge and cloud software solutions that leverage artificial intelligence. MSAI's integrated solutions utilize data generated from an array of sensors and sensor modalities including high-resolution thermal imagers, visible and acoustic imagers, as well as vibration and laser spectroscopy sensors, to protect customers' most critical assets. MSAI's platform combines condition-based monitoring data with proprietary edge and cloud software to generate actionable insights that, we believe, minimize unplanned downtime, reduce maintenance costs, prevent hazards, and extend asset life.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277954

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at November 30, 2025. Management's unaudited estimate of the range of our NAV per share of our common stock at November 30, 2025 is between $5.01 and $5.11. This estimate is not a comprehensive statement.

Fears of a bubble that may soon burst seem to have transcended ecosystems, pouring cold water on what might have otherwise been a year-end rally. The AI Bubble's Wider Fallout: Stocks Join Bitcoin in Decline Nowadays, when the stock market sneezes, bitcoin catches a cold.

December 12, 2025 5:00 PM EST | Source: Theralase Technologies Inc.
Toronto, Ontario--(Newsfile Corp. - December 12, 2025) - Theralase® Technologies Inc. (TSXV: TLT) (OTCQB: TLTFF) ("Theralase®" or the "Company"), a clinical stage pharmaceutical company pioneering light, radiation, sound and drug-activated therapeutics for the treatment of cancer, bacteria and viruses, has commenced a non-brokered private placement of units of the Company ("Units") to raise up to $CAN 2,000,000 ("Offering").

In the Offering, each Unit is priced at $CAN 0.17 and consists of one common share of the Company ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share of the Company ("Warrant Share") for a period of 60 months following the Closing Date (as defined herein) of the Offering at an exercise price of $CAN 0.21 per Warrant Share.

The Company plans to use the proceeds of the Offering to further the Phase II Non-Muscle Invasive Bladder Cancer ("NMIBC") clinical study currently underway and for working capital needs.

All securities issued under the Offering will be subject to a four months and one day hold period from the Closing Date under applicable Canadian and US securities laws.

The Offering is scheduled to close on or about the week of December 15, 2025 and is subject to the receipt of all necessary approvals, including the approval of the TSXV ("Closing Date").

The Offering is being made to accredited investor subscribers resident in each of the Provinces of Canada, pursuant to applicable private placement exemptions, in the United States or to, or for the account of, U.S. persons, on a private placement basis pursuant to an exemption from the registration requirements in Rule 144A or Regulation D of the United States Securities Act of 1933, as amended or other available U.S. registration exemptions and offshore jurisdictions pursuant to relevant prospectus or registration exemptions in accordance with applicable laws.

The Company agrees to pay a finder's fee to eligible finders for subscribers, introduced by such finder, in connection with the non-brokered private placement, as follows: i) a cash commission equal to 7% of the gross proceeds and ii) non-transferable finder warrants exercisable to acquire that number of Units equal to 7% of the total number of Units issued, at an exercise price of $CAN 0.17 for a period of 60 months following the Closing Date.

No other fee or commission is payable by the Company in connection with the completion of the Private Placement.

The Company also announces that it has mutually terminated the recently announced brokered Listed Issuer Financing Exemption ("LIFE") financing with Research Capital Corporation.

The securities referred to in this news release have not been, and will not be, registered under the United States Securities Act of 1933, as amended ("U.S. Securities Act"), or any applicable securities laws of any state of the United States, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act) or persons in the United States unless registered under the U.S. Securities Act and any other applicable securities laws of the United States or an exemption from such registration requirement is available. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities offered in any jurisdiction in which such offer, solicitation or sale would be unlawful, including the United States.

About Theralase® Technologies Inc.
Theralase® is a clinical stage pharmaceutical company dedicated to the research and development of light, radiation, sound and drug-activated small molecule compounds and their associated formulations with a primary objective of efficacy and a secondary objective of safety in the destruction of various cancers, bacteria and viruses, with minimal impact on surrounding healthy tissue.

Additional information is available at https://theralase.com/ and www.sedarplus.ca

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.

Forward-Looking Statements
This news release contains Forward-Looking Statements ("FLS") within the meaning of applicable Canadian securities laws. Such statements include; but, are not limited to statements regarding the Company's proposed development plans with respect to small molecules and their drug formulations. FLS may be identified by the use of the words "may, "should", "will", "anticipates", "believes", "plans", "expects", "estimate", "potential for" and similar expressions; including, statements related to the current expectations of the Company's management regarding future research, development and commercialization of the Company's small molecules; their drug formulations; preclinical research; clinical studies and regulatory approvals.

These statements involve significant risks, uncertainties and assumptions; including, the ability of the Company to fund and secure regulatory approvals to successfully complete various clinical studies in a timely fashion and implement its development plans. Other risks include: the ability of the Company to successfully commercialize its small molecule and drug formulations; access to sufficient capital to fund the Company's operations is available on terms that are commercially favorable to the Company or at all; the Company's small molecule and formulations are effective against the diseases tested in its clinical studies; the Company's ability to comply with the terms of license agreements with third parties and as a result does not lose the right to use key intellectual property in its business; the Company's ability to protect its intellectual property; the timing and success of submission, acceptance and approval of regulatory filings. Many of these factors that will determine actual results are beyond the Company's ability to control or predict.

Readers should not unduly rely on these FLS, which are not a guarantee of future performance. There can be no assurance that FLS will prove to be accurate as such FLS involve known and unknown risks, uncertainties and other factors which may cause actual results or future events to differ materially from the FLS.

Although the FLS contained in the press release are based upon what management currently believes to be reasonable assumptions, the Company cannot assure prospective investors that actual results, performance or achievements will be consistent with these FLS.

All FLS are made as of the date hereof and are subject to change. Except as required by law, the Company assumes no obligation to update such FLS.

For investor information on the Company, please feel to reach out Investor Inquiries - Theralase Technologies.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277932

December 12, 2025 5:00 PM EST | Source: Cathedra Bitcoin Inc.
Toronto, Ontario--(Newsfile Corp. - December 12, 2025) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company"), a bitcoin company that develops and operates digital infrastructure assets, is pleased to announce that, at its Annual General Meeting of Shareholders held today (the "Meeting"), all resolutions were passed by the requisite majority to approve the items of business referred to in its management information circular dated October 30, 2025 (the "Circular").

A total of 2,291,104 subordinate voting shares and 204,278 multiple voting shares of the Company, representing 83.79% of the Company's issued and outstanding subordinate voting shares, on an as-converted basis, were voted in connection with the Meeting. The voting results for each item of business are as follows:

Election of Directors:

All nominees proposed in the Circular were elected as directors.

NomineeVotes For% Votes ForVotes Withheld% Votes WithheldJoel Block 32,692,15499.39%201,2530.61%Marcus Dent 32,859,22199.90%34,1860.10%David Jacques 32,701,15899.42%192,2490.59%Matthew Kita32,799,95299.72%93,4550.28%Thomas Masiero 32,857,12699.89%36,2810.11%Jialin (Gavin) Qu32,779,50699.65%113,9010.35%Appointment of Auditors

Votes For% Votes ForVotes Withheld% Votes WithheldSRCO Professional Corporation33,318,20499.93%23,1560.07Approval of Amended Long-Term Incentive Plan

Votes For% Votes ForVotes Withheld% Votes WithheldApproval of Amended Long-Term Incentive Plan32,697,41299.40%0 0%About Cathedra Bitcoin Inc.

Cathedra develops and operates power and digital infrastructure assets across North America. The Company hosts bitcoin mining clients across its portfolio of four data centers (45 MW total) in Tennessee and Kentucky. Cathedra also operates a fleet of proprietary bitcoin mining machines at its own and third-party data center, producing approximately 400 PH/s of hash rate. Cathedra is headquartered in Vancouver and its subordinate voting shares trade on the TSX Venture Exchange under the symbol CBIT and in the OTC market under the symbol CBTTF. For more information about Cathedra, visit cathedra.com or follow Company news on Twitter at @CathedraBitcoin or on Telegram at @CathedraBitcoin.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277947

HONG KONG, HK / ACCESS Newswire / December 12, 2025 / Tianci International, Inc. (the "Company" or "Tianci"), a global logistics service provider specializing in ocean freight forwarding, today announced its financial results for the fiscal quarter ended October 31, 2025.

First Fiscal Quarter 2026 Highlights:

Revenue increased, quarter-to-quarter, by 28%, as global logistics revenue increased by 16.5% and was complemented by revenue of $505,465 resulting from our initial entry into the market for mineral ores.

General and administrative expenses increased from $260,393 in the quarter ended October 31, 2024 to $608,648 in the quarter ended October 31, 2025. As a result, the Company incurred a net loss of $268,874 in the quarter ended October 31, 2025, an increased loss compared to the quarter ended October 31, 2024.

Financial Results

Revenue from logistics operations for the quarter ended October 31, 2025, which represented 84% of the Company's overall revenue in that period, increased by 16.5% from the revenue generated by logistics operations during the quarter ended October 31, 2024. However, the cost of that revenue increased by 18.9% from the first quarter of fiscal year 2024 to the first quarter of fiscal year 2025, as demand for logistics services waned due to concerns about the implementation of tariffs, while shipping companies in the Southeast Asia market increased their pricing in an effort to offset the decline in demand for their services. As a result of the increase in cost of revenue, the Company's gross profit margin attributable to logistics operations decreased from 6.12% in the quarter ended October 31, 2024 to 4.17% in the quarter ended October 31, 2025.

To reduce the effect of declining demand in the Southeast Asia market, the Company intends to reorient its focus towards long-distance shipping lines, which generally produce higher profit margins. As one particular effort toward that reorientation, the Company has been accumulating an inventory of bulk chrome and manganese ore for the purpose of entering into the global commodity trade arena, and completed its initial mineral sales during the quarter ended October 31, 2025. Those sales yielded $505,465 in revenue and a gross profit margin of 32.51%. By applying its core resource control capabilities and supply chain integration strengths with an in-house demand for shipping services, the Company looks to release itself from dependence on local demand for shipping services.

We recorded a net loss of $268,874 for the quarter ended October 31, 2025, primarily due to a 134% increase in general and administrative expenses arising from most aspects of our operations. Our bottom line net loss of $268,874, therefore, represented an increase of 192% in our quarterly net loss.

Our operations during the quarter ended October 31, 2025 reduced our cash balance by $727,403 to $1,677,949. The greater portion of that cash drain was attributable to the $582,912 that we devoted to expanding our inventory of mineral ores, a commitment that we consider essential to the implementation of our business plan. At October 31, 2025 our working capital was $2,636,809.

About Tianci International, Inc.

Tianci International Inc., through its subsidiary Roshing, provides global logistics services specializing in ocean freight forwarding, including container and bulk goods shipping. Operating under an asset-light model, Roshing's logistics solutions are tailored to meet the diverse needs of its customers across the Asia-Pacific, including Hong Kong, Japan, South Korea, and Vietnam.

Starting in the current fiscal year, Roshing has expanded into global trade of bulk chrome and manganese ore by sourcing high-grade minerals directly from resource-rich regions for resale. Roshing intends to utilize optimized bulk vessel and container shipping, and provide end-to-end supply chain solutions for metallurgical and steelmaking customers.

Beyond logistics and mineral sales, Roshing generates revenue from the sale of electronic parts and business consulting services.

For more information, please visit the Company's website: tianci-ciit.com

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements that involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. The Company encourages investors to review other factors that may affect its future results that are discussed in the Company's filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:
Tianci International, Inc.
Investor Relations
Email: [email protected]

SOURCE: Tianci International Inc.

December 12, 2025 5:01 PM EST | Source: Sun Summit Minerals Corp.
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to announce that, due to significant investor demand, it has increased the maximum gross proceeds of its previously announced non-brokered private placement (the "Private Placement") from $7 million to $11.5 million. The Private Placement includes a combination of: (i) charity flow-through common shares in the capital of the Company (each, a "Charity FT Share") at a price of $0.14 per Charity FT Share; and (ii) non-flow-through common shares in the capital of the Company (each, an "NFT Share", and together with the Charity FT Shares, the "Securities") at a price of $0.10 per NFT Share. Each Charity FT Shares will qualify as a flowthrough share within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act").

The Company intends to use all of the gross proceeds of the Private Placement for exploration of the Company's JD, Theory and Buck properties and any other Canadian properties that the Company may acquire, provided that the Company will use an amount equal to the gross proceeds received by the Company from the sale of the Charity FT Shares to incur eligible "Canadian exploration expenses" that will qualify as "flowthrough mining expenditures" as such terms are defined in the Tax Act.

"We are very grateful for the major support we have received from high quality institutional and mining focused investors in this capital raise. This capital will fully fund our 2026 exploration program and help accelerate our progress towards an initial mineral resource estimate at JD," said Niel Marotta, Chief Executive Officer of Sun Summit.

The closing of the Private Placement is subject to certain closing conditions, including the approval of the TSX Venture Exchange (the "TSXV"). The Company may pay finder's fees in cash or securities to certain arm's length finders (each, a "Finder") engaged in connection with the Private Placement, subject to the approval of the TSXV. Eventus Capital Corp. has been appointed as a Finder in connection with the Private Placement. The Securities issued pursuant to the Private Placement will be subject to a four-month hold period in accordance with applicable securities laws.

The Securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Securities in any State in which such offer, solicitation or sale would be unlawful.

About Sun Summit

Sun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on the discovery and advancement of district scale gold and copper assets in British Columbia. The Company's diverse portfolio includes the JD and Theory Projects in the Toodoggone region of north-central B.C., and the Buck Project in central B.C.

Further details are available at www.sunsummitminerals.com.

Forward-Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management's assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. Forward-looking statements contained in this press release may include, but are not limited to, the use of proceeds of the Private Placement, the tax treatment of the Charity FT Shares, the terms and completion of the Private Placement, the payment of finder's fees and obtaining regulatory approval, including approval of the TSXV, for the Private Placement, and the sufficiency of the gross proceeds of the Private Placement to fully fund the Sun Summit's 2026 exploration plans, and to accelerate its progress towards an initial mineral resource estimate at the JD Property. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: the state of the equity financing markets in Canada and other jurisdictions; the receipt of regulatory approval; volatility and sensitivity to market prices; changes in tax legislation; fluctuations in metal prices; and other exploration, development, operating, financial market and regulatory risks. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

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.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277951

December 12, 2025 17:02 ET

 | Source:

Teck Resources Ltd

VANCOUVER, British Columbia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that Teck has obtained a final order from the Supreme Court of British Columbia approving the previously-announced plan of arrangement under section 192 of the Canada Business Corporations Act, involving, among other things, the merger of equals of Anglo American plc (“Anglo American”) and Teck (the “Merger”).

The Merger remains subject to the satisfaction or waiver of certain other closing conditions customary in a transaction of this nature, including receipt of applicable competition and regulatory approvals in various jurisdictions globally.

Further details regarding the Merger are set out in Teck’s management information circular dated November 3, 2025 (the “Circular”), which is available under Teck’s profile on SEDAR+ (www.sedarplus.ca) and on EDGAR (www.sec.gov).

Forward Looking Statements
This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words “anticipate”, “can”, “could”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “predict”, “likely”, “potential”, “should”, “believe” and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this news release. These forward-looking statements include, but are not limited to, statements concerning the expected timing of completion of the Merger, and other statements that are not historical facts.

These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general business and economic conditions, future outlook and anticipated events, such as the ability of Anglo American and Teck to complete the Merger, the ability of Teck and Anglo American to obtain all required regulatory approvals, the ability of Teck and Anglo American to satisfy all other conditions to the Merger and the strategic vision of the merger between Teck and Anglo American following the closing of the Merger. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause actual results to vary materially.

Forward-looking information is based on the information available at the time those statements are made and are of good faith belief of the officers and directors of Teck and Anglo American as of the time with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the Forward-looking information. Factors that may cause actual results to vary materially include, but are not limited to, the possibility that the Merger will not be completed on the terms and conditions, or on the timing, currently contemplated, and that it may not be completed at all, due to a failure to obtain or satisfy, in a timely manner or otherwise, required regulatory approvals and other conditions to the closing of the Merger or for other reasons, public perception of the Merger, market reaction to the Merger, the negative impact that the failure to complete the Merger for any reason could have on the business of Anglo American or Teck, the ability of Anglo American and Teck to successfully integrate and capture expected synergies, general economic and market conditions, including interest and foreign exchange rates, global financial markets, changes in government regulations or in tax laws, industry competition, technological developments and other factors described or discussed in Anglo American’s or Teck’s disclosure materials filed with applicable securities regulatory authorities from time to time.

Teck assumes no obligation to update forward-looking statements except as required under securities laws. Further information concerning risks, assumptions and uncertainties associated with these forward-looking statements, the Merger and Teck’s business can be found in the Circular in respect of the Merger filed under Teck’s profile on SEDAR+ (www.sedarplus.ca) and on EDGAR (www.sec.gov).

About Teck
Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Investor Contact:
Emma Chapman
Vice President, Investor Relations
+44.207.509.6576
[email protected]

Media Contact:
Dale Steeves
Director, External Communications
236.987.7405
[email protected]

RLTR Outperforms NVIDIA (NVDA), Alphabet (GOOGL), Palantir (PLTR), and Meta (META) Amid Surge in Investor Interest following LG Content Announcement.

BOTHELL, WASHINGTON / ACCESS Newswire / December 12, 2025 / ReelTime Media (OTCID:RLTR) announced that its stock price surged in trading today, dramatically outperforming major artificial intelligence (AI) equities after the company revealed that content created entirely by its proprietary intelligence platform, Reel Intelligence "RI", has begun featured placement on LG Smart TVs throughout the United States, including on the home screen and alongside other promoted programming. Investors responded decisively, sending RLTR shares sharply higher on heavy volume and positioning it as the day's top AI sector performer.

In contrast to larger peers, RLTR soared while well-known AI stocks saw only declines. Today's closing performance (December 12, 2025) includes:

ReelTime Media (OTCID:RLTR): + 25% (approximate gain)

NVIDIA (NVDA): −3.27%

Alphabet (GOOGL): -1.01%

Palantir (PLTR): −2.12%

Meta Platforms (META): -1.30%

ReelTime's outsized gain follows its LG Smart TV breakthrough, placing RI-generated content in front of tens of potentially millions of U.S. households via LG's home screen carousel. "This isn't just a technological milestone, it's a defining moment in the history of media," said Barry Henthorn, ReelTime's CEO and CTO. RLTR's rally underscores growing investor confidence in Reel Intelligence's competitive edge over conventional AI providers.

Reel Intelligence (RI): Smarter, Greener, and More Capable Than Traditional AI

Reel Intelligence is not just another AI, it is fundamentally more advanced, efficient, and sustainable. Unlike traditional AI systems that rely on expensive GPUs and energy-hungry data centers, RI operates on a chip-agnostic, fully distributed architecture. This eliminates the need for specialized silicon or centralized cloud infrastructure, enabling RI to run across billions of everyday devices while drastically reducing cost and environmental impact.

This platform-agnostic and geography-independent design makes RI resilient to hardware shortages, energy constraints, and geopolitical supply risks. It can operate everywhere, all at once, with a fraction of the power required by legacy AI systems.

Reel Intelligence is capable of generating broadcast-quality 4K video, lifelike images, music, advanced research, and even software code, all from a single platform. Its ability to handle such a wide range of content creation tasks, while maintaining lower energy use and hardware dependency, has led many experts to recognize it as one of the most advanced and environmentally responsible AI platforms in the industry.

While other AI companies grapple with rising chip costs, data center limitations, and carbon footprints, ReelTime is uniquely positioned to scale efficiently and sustainably. RI's independence from any single hardware vendor or cloud platform has made it an attractive solution for partners, investors, and environmentally conscious enterprises alike.

About ReelTime Media (OTC:RLTR)

ReelTime Rentals, Inc. (OTC:RLTR), doing business as ReelTime Media and ReelTime VR, is a Seattle-based publicly traded company at the forefront of multimedia production and AI innovation. The company's flagship Reel Intelligence (RI) platform delivers an unprecedented suite of tools for creating images, audio, video, and more. ReelTime has also pioneered virtual reality content development and technology, providing end-to-end production, editing, and distribution services. The company continues to leverage its expertise to transform how content is produced, distributed, and experienced worldwide.

Media Contact:
Barry Henthorn, CEO - ReelTime Media
Email: [email protected]
Website: www.ReelTime.com

SOURCE: ReelTime Rentals, Inc.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FERMI (FRMI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On October 1, 2025, Fermi began.

Netskope CEO Sanjay Beri joins 'Closing Bell Overtime' to talk quarterly results as the stock dips, cybersecurity in the age of AI, and more.