Market Signal Briefing

LAS VEGAS, NEVADA / ACCESS Newswire / December 2, 2025 / MainStreetChamber Holdings, Inc. (OTCID:MSCH) is pleased to announce its 2026 Annual Convention, taking place January 30-February 1, 2026, at The Ahern Hotel in Las Vegas, Nevada. This flagship gathering will bring together licensees, partners, investors, and entrepreneurs from across the country to celebrate a landmark year of growth and to unveil the company's bold roadmap for 2026-2027.

December 02, 2025 06:00 ET

 | Source:

The Ensign Group, Inc.

SAN JUAN CAPISTRANO, Calif., Dec. 02, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of (i) “The Rehabilitation Center at Sandalwood”, a 103-bed skilled nursing facility located in Wheat Ridge, Colorado, and (ii) “Edgewater Health and Rehabilitation”, a 69-bed skilled nursing facility located in Lakewood, Colorado. Both facilities are subject to a long-term, triple net lease with a third-party landlord. This acquisition was effective as of December 1, 2025.

“These two facilities were perfect additions to our recent growth in Colorado,” said Barry Port, Ensign’s Chief Executive Officer. “Colorado is a fantastic state for us, and we expect these facilities to continue that trend,” he continued.

Dave Jorgensen, President of Endura Healthcare LLC, Ensign’s Colorado-based subsidiary, added, “Both facilities have fantastic teams, and we can’t wait to get to know them in addition to the residents and their families that we will be serving.”

In a separate transaction on the same day, Ensign announced that it acquired the real estate and operations of “Willow Point Rehabilitation and Nursing Center”, a 45-bed skilled nursing facility located in Kansas City, Kansas. The real estate was purchased by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and operations were leased to an Ensign-affiliated operator, subject to a long-term lease effective as of December 1, 2025.

In another transaction on the same day, Ensign announced that it acquired the operations of “Santa Rosa Care Center”, a 144-bed skilled nursing facility located in Tucson, Arizona. The facility is operated by an Ensign affiliated operator and is subject to a long-term triple net lease. This acquisition was effective as of December 1, 2025.

These acquisitions bring Ensign’s growing portfolio to 373 healthcare operations, which includes 47 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 156 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.

About Ensign™

The Ensign Group, Inc.’s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 373 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.

Contact Information

The Ensign Group, Inc., (949) 487-9500, [email protected]

SOURCE: The Ensign Group, Inc.

December 02, 2025 6:00 AM EST | Source: Group Eleven Resources Corp.
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce the latest two step-out drill holes from its Ballywire discovery ("Ballywire") at the 100%-owned PG West Project ("PG West"), Republic of Ireland.

Highlights:

25-3552-47 (approx. 100m step-out SSE of 25-3552-40, initial test of the Deeper Cu-Ag target; announced 22-Sep-25) intersected four zones of mineralization, including:New Mineralized Zone (South) - Waulsortian Hosted (starting from 313.1m downhole)20.3m of 2.6% Zn+Pb (1.5% Zn and 1.1% Pb), 6 g/t Ag, including7.3m of 5.2% Zn+Pb (2.5% Zn and 2.7% Pb), 10 g/t Ag, including3.8m of 7.3% Zn+Pb (3.7% Zn and 3.6% Pb), 14 g/t Ag, including1.9m of 10.7% Zn+Pb (5.7% Zn and 5.0% Pb), 19 g/t AgNew Mineralized Zone (South) - Base of Waulsortian (starting from 355.9m downhole)2.6m of 2.7% Zn+Pb (0.1% Zn and 2.5% Pb) and 19 g/t Ag, including0.8m of 6.7% Zn+Pb (0.3% Zn and 6.5% Pb) and 37 g/t AgDeeper Cu-Ag Zone (starting from 490.7m downhole)11.3m of 0.26% Cu and 8 g/t Ag, including4.7m of 0.46% Cu and 14 g/t Ag, including1.8m of 0.83% Cu and 24 g/t AgDeeper Cu-Ag Zone (starting from 616.6m downhole)9.4m of 0.25% Cu and 7 g/t Ag, including3.7m of 0.32% Cu and 8 g/t Ag, including0.8m of 0.62% Cu and 16 g/t Ag"Today's results represent a positive surprise given we were not expecting robust Zn-Pb-Ag mineralization south of the main discovery trend at this particular location," stated Bart Jaworski, CEO. "In addition to successfully extending significant Deeper Cu-Ag mineralization down dip by over 200m from previous drilling, today's hole intersected strong Zn-Pb-Ag mineralization in a new part of the discovery. Long theorized, new zones of mineralization parallel to the main discovery trend at Ballywire were evidenced this September by hole 25-3552-44 which discovered a new Cu-Ag bearing feeder structure to the north of the main discovery. Today's results show a similar situation, but to the south, enhancing the potential for at least two additional mineralized zones. If borne out, this greatly expands Ballywire's tonnage potential."

"Driven by new zones of mineralization, growing momentum at our Deeper Cu-Ag zone and the fact that the majority of our 6km long prospective trend is yet to be drilled, Ballywire's exploration upside continues to ramp up. With a robust treasury and our most ambitious drilling campaign to date - four rigs turning in Ireland - we are poised to continue unlocking Ballywire's full potential over the coming months."

Exhibit 1. Cross-Section Showing 25-3552-47 Testing Deeper Cu-Ag Zone at Ballywire.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_002full.jpg

Note: True thickness of the mineralized intervals in hole 25-3552-47 as a percentage of the down-hole interval, is estimated to be approx. 90-100% for Waulsortian-hosted zones, and 60-80% for sub-Waulsortian zones.

Exhibit 2. Plan Map of Main Ballywire Discovery Corridor, Showing New Holes 25-3552-45 and -47.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_003full.jpg

Note: "New Min'zd Zone (S)" means New Mineralized Zone (South); "Potential Zone (N)" means Potential Mineralized Zone (North).

Exhibit 3. Cross-Section of 25-3552-45 (and Previously Reported Holes -35 and -39).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_004full.jpg

Note: True thickness of the mineralized intervals in hole 25-3552-45 as a percentage of the down-hole interval, is estimated to be approx. 80-100%.

Ballywire Drill Update

The Ballywire prospect at the Company's 100%-owned PG West Project in Republic of Ireland, represents the most significant mineral discovery in Ireland in over a decade. First announced in Sept-2022, the discovery has 64 holes drilled and reported by Group Eleven to date, including the most recent two holes (25-3552-45 and -47) reported today (see Exhibits 1 to 6).

Assays from today's drill holes are summarized above and below (and in Exhibits 4 and 5). Mineralization consists predominantly of sphalerite, galena and pyrite, with the Cu-Ag bearing zones also containing chalcopyrite and suspected tennantite-tetrahedrite.

In addition to results from 25-3552-47, described above, hole 25-3552-45 intersected two zones of significant mineralization along a fault structure (see Exhibits 3 and 5). Strong exploration upside remains further to the NNW and SSE along this section.

Exhibit 4. Summary of Assays from 25-3552-47 at Ballywire

ItemFrom
(m)To
(m)Int
(m)Zn
(%)Pb
(%)Zn+Pb
(%)Ag
(g/t)Cu
(%)25-3552-47313.14333.4220.281.491.142.635.7-Incl.313.14319.606.461.450.471.925.2-And326.11333.427.312.512.655.1610.1-Incl.329.63333.423.793.713.607.3113.70.01Incl.330.59332.521.935.735.0110.7518.70.01Incl.330.59331.560.976.455.3911.8418.70.01And355.85358.452.600.132.542.6718.80.04Incl.356.73357.560.830.286.466.7436.70.08And490.74502.0211.280.010.010.027.50.26Incl.494.50502.027.520.010.010.0310.50.35Incl.497.32502.024.700.020.010.0313.80.46Incl.499.22502.022.800.020.010.0319.10.67Incl.500.17502.021.850.020.010.0323.80.83And616.56625.949.380.01-0.026.60.25Incl.619.52623.263.740.01-0.028.50.32Incl.619.52620.480.960.02-0.0310.80.35And622.46623.260.800.02-0.0216.30.62Note: True thickness of the mineralized intervals in hole 25-3552-47 as a percentage of the down-hole interval, is estimated to be approx. 90-100% for Waulsortian-hosted zones, and 60-80% for sub-Waulsortian zones; "-" means less than 0.01% (<100 ppm).

Exhibit 5. Summary of Assays from 25-3552-45 at Ballywire

ItemFrom
(m)To
(m)Int
(m)Zn
(%)Pb
(%)Zn+Pb
(%)Ag
(g/t)25-3552-45145.37162.4717.101.750.171.913.0Incl.147.14156.179.032.580.242.814.3Incl.147.14151.664.522.660.322.985.9Incl.149.00151.662.663.120.363.486.9Incl.150.73151.660.934.790.615.4011.6And153.41156.172.763.380.173.553.5And181.49202.4020.911.410.632.0410.0Incl.181.49183.241.755.940.316.2524.1Incl.181.49182.390.908.690.319.0032.9And192.27194.972.701.502.684.1821.6Incl.192.27193.160.892.133.865.9930.3And201.52202.400.887.032.189.2132.5And213.38214.350.970.120.740.8619.4Note: True thickness of the mineralized intervals in hole 25-3552-45 as a percentage of the down-hole interval, is estimated to be approx. 80-100%.

Drilling at Ballywire continues with three rigs. Currently, thirteen (13) new holes are completed or near completed (and in the process of being logged, sampled and assayed). These are shown in Exhibit 2, including: (i) four holes collared approx. 200m E of G11-3552-08; (ii) two holes testing approx. 780m SE of G11-3552-08; (iii) six holes drilled along a drill fence hosting G11-468-01; and (iv) one hole testing approx. 80m SW of G11-3552-12. Note, one additional rig is active at the Company's Stonepark Project.

Exhibit 6. Regional Gravity Map Showing 6km Long Prospective Trend at Ballywire.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_005full.jpg

Note: Of the four gravity-high anomalies above, only the 'C' anomaly has been systematically drilled to date.

Exhibit 7. Regional Map of Ballywire Discovery and Surrounding Prospects.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_groupe.jpg

Notes to Exhibit 7: (a) Pallas Green MRE is owned by Glencore (see Glencore's Resources and Reserves Report dated December 31, 2024); (b) Stonepark MRE: see the 'NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland', by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR+; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in 'Report on Prospecting Licence 464' by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in 'The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody' by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in 'Report on Mallow Property' by David Wilbur, dated December 1973; and later summarized in 'Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork' by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. 'Rathdowney Trend' is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent 'Qualified Person' as defined under Canadian National Instrument 43-101.

Sampling and Analytical Procedures

All core drilled at Ballywire is NQ (47.6mm) and is cut using a rock saw. Sample intervals vary between 0.22m to 1.19m with an average (over 211 samples) of 0.90m. The half-core samples are bagged, labelled and sealed at Group Eleven's core store facility in Limerick, Ireland. Selected sample bags are examined by the Qualified Person. Transport is via an accredited courier service and/or by Group Eleven staff to ALS Laboratories in Loughrea Co. Galway, Ireland. Sample preparation at the ALS facility comprises fine crushing 70% < 2mm, riffle splitter, pulverise up to 250g 85% < 75um. Analytical procedures are 34 element four acid ICP-AES (codes ME-ICP61 and ME-OG62). Other than paying for a professional analytical service, Group Eleven has no relationship with ALS.

Quality Assurance/Quality Control (QA/QC) Information

Group Eleven inserts certified reference materials ("CRMs" or "Standards") as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:

10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03) 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu (25-3552-35)25.6m of 9.2% Zn+Pb, 28 g/t Ag (25-3552-39)Ballywire is located 20km from Company's 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore's Pallas Green zinc-lead deposit2. The Company's two largest shareholders are Michael Gentile (14.1% interest) and Glencore Canada Corp. (13.9%). Additional information about the Company is available at www.groupelevenresources.com.

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 Note Regarding Forward-Looking Information

Technical and scientific information disclosed from neighbouring properties does not necessarily apply to the current project or property being disclosed. This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company's public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

1 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr-17-2018).
2 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec-31-2024).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276566

Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: JA7) ("Nexus" or the "Company") is pleased to announce it has executed a mineral property purchase agreement (the "Agreement") to immediately acquire a 100% interest in the Chord uranium project (the "Chord Property"), located in Fall River County, South Dakota. The Agreement replaces a previous option agreement and will provide Nexus with full ownership of the Chord Property, including State Section 36, currently being permitted.

CALGARY, Alberta--(BUSINESS WIRE)--Bayer Crop Science Canada announced the launch of EverGol® Rise, setting a new standard in pulse disease control. Combining four different active ingredients, EverGol Rise brings enhanced disease control to tough pathogens, like ascochyta, while also keeping the user ease of use top of mind. “EverGol Rise will be transformational for Canadian farmers,” says Ashley Smith, Bayer Crop Science Product Manager. “Every minute on the farm is an opportunity, and the a.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Reliant Healthcare (“Reliant”) and Care Fusion Rx (“Care Fusion”) by private equity sponsor Shore Capital Partners. Founded in 2008, Reliant is a provider of home infusion and ambulatory infusion center services to patients in the South. Reliant aims to improve the patient experience by offering conven.

Hole AN-25-10 Delivers Highest DTR Nickel Grade and Magnetic Concentrate Performance at RPM Zone; Company Plans to Announce Additional Drilling Around Hole 10 with Optimized Drilling Designed to Continue Eastward Expansion Toward Chrome Pond

GRAND FALLS-WINDSOR, Newfoundland and Labrador, Dec. 02, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") is pleased to announce Davis Tube Recovery (“DTR”) metallurgical results from Phase 2X drill holes AN-25-09 and AN-25-10 at the RPM Zone within its Pipestone XL Nickel Alloy Project in central Newfoundland. Hole AN-25-10 has returned the highest magnetically recoverable nickel grades and recovery to date at the RPM Zone, averaging 0.15% DTR Ni over 228 meters from 0.22% total nickel, with 68.62% magnetic recovery. This is calculated from 1.44% nickel in magnetic concentrate with a 10.48% mass pull. The hole, positioned 200 meters east of the Company's previous best result (AN-24-04: 0.14% DTR Ni over 366 meters), confirms that eastward expansion drilling toward Chrome Pond continues to deliver above average results. The hole ended in mineralization at 233 meters after encountering a clay-filled fault zone, and the Company plans to announce additional drilling around Hole AN-25-10, with optimized drilling designed to penetrate deeper and continue the eastward expansion.

Hole AN-25-10 intersected the highest-grade intervals to date at the RPM Zone, including 0.17% DTR Ni from 8 meters to 59 meters (51 meters) and 0.16% DTR Ni from 215 meters to 236 meters (21 meters), with up to 2.08% nickel in magnetic concentrate and 99.8% nickel recovery reported from whole rock assay grades which averaged 0.22% nickel over the entire hole. The Company's current metallurgical program is based on magnetic separation prior to flotation, leveraging awaruite's unique magnetic properties. The average 10.48% mass pull further demonstrates that magnetic separation can reduce the starting rock volume by approximately 90%, concentrating the recoverable nickel into just 10% of the starting mass prior to flotation. The high 68.62% magnetic nickel recovery achieved in Hole AN-25-10 highlights the favourable performance that awaruite nickel can achieve relative to common bulk-tonnage nickel sulfide mineralization.

Unlike conventional nickel sulfide minerals such as pentlandite (Fe,Ni)₉S₈, which contain sulfur, a non-metallic chemical element that must be removed through secondary processes such as smelting or roasting prior to the refining stages required to produce nickel sulphate (NiSO4) for EV battery precursor cathode active materials (pCAM), awaruite (Ni₃Fe) is a naturally occurring nickel-iron-cobalt alloy that already exists in a reduced metallic state containing approximately 77% nickel. Composed entirely of metal elements, awaruite requires no reduction or chemical processing, offering a mine-direct-to-refinery pathway that bypasses the bottleneck of limited North American smelting capacity, with the potential to unlock large-scale domestic nickel production for the battery supply chain. The metallurgical program continues to advance, with mineralogy, recovery, and concentrate testing ongoing. In addition to cobalt as a byproduct, disseminated chromium occurs with awaruite in all RPM Zone drill holes, and the Company has expanded its metallurgical program to include chromium as an area of interest for potential byproduct recovery. The metallurgical program is designed to create a marketable direct-to-refinery awaruite concentrate containing nickel and cobalt, and the Company is now also evaluating the potential for a high-grade chromium concentrate. Updates on recovery, separation, and preliminary concentrate products for nickel, chromium, and cobalt are anticipated in early 2026.

Please call 844-592-6337 or email [email protected] to connect with Rob Guzman, First Atlantic Nickel's Investor Relations, for questions or more information.

KEY HIGHLIGHTS:

Best DTR Nickel Results to Date: Hole AN-25-10 returned 0.15% DTR Ni over 228 meters, the highest average magnetically recoverable nickel grade to date at the RPM Zone, calculated from 1.44% Ni in magnetic concentrate with a 10.48% mass pull. This represents a 25% increase over the RPM Zone average of 0.12% DTR Ni (calculated from 1.29% Ni concentrate and 9.25% mass pull).Highest-Grade Intervals - Open at Depth: Hole AN-25-10 returned 0.17% DTR Ni from 8 to 59 meters (51 m), and 0.16% DTR Ni from 215 to 236 meters (21 m), both the best interval grades to date. The drill hole stopped in mineralization at 233 meters due to a clay-filled fault zone with abundant magnetite. Follow-up drilling from new collar locations will test deeper near Hole AN-25-10.Eastward Drilling Delivers Best Results: Hole AN-25-10, positioned 200 meters east of the previous best hole (AN-24-04: 0.14% DTR Ni over 366 meters), exceeded that benchmark. The eastward trend toward Chrome Pond, where historic sampling returned up to 62.2% Cr₂O₃ - continues to yield the highest DTR Ni grades on the property.High Nickel Recovery from Awaruite: Hole AN-25-10 achieved 68.62% magnetic nickel recovery, the best average recovery to date at the RPM Zone. Awaruite (Ni₃Fe) contains approximately 77% nickel, or 2-3x the grade of common nickel sulfide minerals, enabling simpler magnetic concentration with less complicated flotation and supporting higher end-concentrate grades.Additional Drilling Planned: The Company plans to announce additional drilling around Hole AN-25-10. Optimized drilling is designed to test deeper and continue expansion eastward. The eastern extension toward Chrome Pond remains open and is a high priority target.Chromium Co-Product Potential: Chromium occurs with awaruite nickel in all RPM Zone drill holes, averaging 0.29% Cr and 0.15% DTR chromium. Mineralogy studies are underway to identify chromium mineral content and assess recovery and concentration potential for a chromium by-product concentrate.Metallurgical Program Expanding: Mineralogy, recovery, and concentrate testing are ongoing. Chromite has been identified as the chromium-bearing mineral, and the Company is evaluating recovery methods and processing options. Updates on recovery, separation, and preliminary nickel, chromium, and cobalt concentrate products are anticipated in early 2026.
HOLE AN-25-10 DELIVERS BEST RESULTS TO DATE ON EASTERN EXTENSION

Table 01: Pipestone XL Nickel Alloy Project - Summary of Assay Results and DTR Metallurgical Test Results for Drill Hole AN-25-10 (RPM Zone)

Hole IDFrom (m)To (m)Interval (m)Mass Pull (%)Nickel - Magnetic Concentrate Grade
Ni ( %)Nickel - Total Grade
Ni (%)DTR Nickel Grade - Magnetically Recovered Ni (%)Total
Nickel Recovery
(%)Chromium - Magnetic Concentrate Grade
Cr (%)Chromium Total
Grade
Cr (%)DTR Chromium Grade - Magnetically Recovered
Cr (%)Cobalt - Magnetic Concentrate Grade
Co (%)AN-25-10823622810.481.440.220.1568.621.540.290.160.05             including859519.471.760.210.1779.801.550.290.150.06 215236219.211.720.220.1671.741.700.290.160.06             Including "Up To"15.202.080.260.1999.802.850.460.330.07
Hole AN-25-10 was positioned 200 meters east of Hole AN-24-04, the Company's previous best drill hole (0.14% DTR Ni over 366 meters), to test the continuation of high-grade mineralization toward Chrome Pond. The hole returned 0.15% DTR Ni over 228 meters from 0.22% total nickel, with 68.62% magnetic recovery. This was calculated from 1.44% nickel in magnetic concentrate with a 10.48% mass pull, exceeding the RPM Zone averages of 1.29% Ni in concentrate and a 9.25% mass pull. This result represents a 25% increase over the average DTR Ni grade of 0.12% across all previously reported RPM Zone drill holes.

Hole AN-25-10 intersected the highest-grade intervals to date at the RPM Zone, including 0.17% DTR Ni from 8 to 59 meters (51 meters) and 0.16% DTR Ni from 215 to 236 meters (21 meters). These results confirm that the eastern extension of Line Section S1 hosts the best magnetically recoverable nickel grades reported to date, supported by visual observations of disseminated, large-grain awaruite mineralization throughout the entire drilled interval.

Drilling was halted at 233 meters after the hole encountered a clay-filled fault zone that caused complete loss of water circulation and excessive torque on the drill rods. Drill cuttings contained abundant magnetite that could not be washed from the borehole, preventing further advancement without risking equipment damage or the drill becoming irretrievably stuck downhole. Although the fault zone required suspension of drilling, the abundance of magnetite in the drill cuttings is encouraging, as awaruite commonly forms alongside magnetite during serpentinization. The hole ended in mineralization grading 0.16% DTR Ni over the final 21 meters, confirming continuation of the system at depth. Given the significance of these results, the Company plans to announce additional drilling around Hole AN-25-10, with optimized drilling designed to penetrate deeper and continue eastward expansion toward Chrome Pond.

Figure 01: Cross-sectional view of the RPM Zone Hole AN-24-02 to AN-24-04 and AN-25-10, showing the distribution of magnetic concentrate and DTR nickel values. Hole AN-25-10 averages 1.44% nickel and 1.54% chromium in continuous metallurgical DTR magnetic concentrate, with an average 10.48% Mass Pull and 0.15% DTR nickel over 228 meters.

Table 02: Drill Hole Collar Location Information

Hole IDEasting (UTM)Northing (UTM)Elevation (m)Azimuth (°)Dip (°)Depth (m)AN-25-095675175358377219270-60480AN-25-10567520535757524190-60233

Figure 02: Drill core from Hole AN-25-10 at 9 meters, showing disseminated awaruite (nickel-iron alloy) in serpentinized peridotite (top); photomicrographs show awaruite grains up to ~500 microns in size (bottom).

Figure 03: Drill core from Hole AN-25-10 at 146 meters, showing disseminated awaruite (nickel-iron alloy) in serpentinized peridotite (top); photomicrographs show awaruite grains up to ~450 microns in size (bottom).

Figure 04: Drill core from Hole AN-25-10 at 233 meters, showing disseminated awaruite (nickel-iron alloy) in serpentinized peridotite (top); photomicrographs show awaruite grains up to ~350 microns in size (bottom).

Hole AN-25-09, located 800 meters north of the discovery drilling on Section S1, was drilled from the same collar location as Hole AN-25-08 but oriented in the opposite direction. This hole tested westward toward Pipestone Pond on Section S3 and intersected continuous mineralization over its entire 480-meter length, returning 0.09% DTR Ni from 0.95% nickel in magnetic concentrate from 42 to 417 meters, is greater than the 0.06% DTR Ni cutoff grade calculated at the Baptiste awaruite nickel deposit in British Columbia1.

The westward orientation of AN-25-09, drilled prior to refined structural interpretation, was not optimally oriented to test the true width of the awaruite-bearing body. Despite this, the hole provided valuable geological information confirming the westward-dipping system, consistent with results from Hole AN-25-07, which was also drilled westward on Section S2. The successful DTR results from eastward-oriented holes, compared with the sub-optimal westward orientation of AN-25-07 and AN-25-09, confirm that eastward-oriented drilling is essential to test the true width of the mineralized body and continues to deliver the best grades on the property.

Table 03: Pipestone XL Nickel Alloy Project - Summary of Assay Results and DTR Metallurgical Test Results for Drill Hole AN-25-09 (RPM Zone)

Hole IDFrom (m)To (m)Interval (m)Mass Pull (%)Nickel - Magnetic Concentrate Grade
Ni ( %)Nickel - Total Grade
Ni (%)DTR Nickel Grade - Magnetically Recovered Ni (%)Total Nickel Recovery
(%)Chromium - Magnetic Concentrate Grade
Cr (%)Chromium Total Grade
Cr (%)DTR Chromium Grade - Magnetically Recovered
Cr (%)Cobalt - Magnetic Concentrate Grade
Co (%)AN-25-0994834749.000.930.230.0836.071.610.280.140.06             including424173759.030.950.230.0937.161.570.260.140.06             including "Up To"12.001.200.260.1145.793.941.230.340.08

Figure 05: Cross-sectional view of the RPM Zone drill hole AN-25-08 and AN-25-09, located 800 meters north of discovery hole AN-24-02, showing the distribution of magnetic concentrate and DTR nickel values. Hole AN-25-08 averages 1.35% nickel and 1.57% chromium in continuous metallurgical DTR magnetic concentrate, with an average 8.79% Mass Pull and 0.12% DTR nickel over 480 meters.

Figure 06: Drill core from Hole AN-25-09 at 124 meters, showing disseminated awaruite (nickel-iron alloy) in serpentinized peridotite (top); photomicrographs show awaruite grains up to ~300 microns in size (bottom).

Figure 07: Drill core from Hole AN-25-09 at 479 meters, showing disseminated awaruite (nickel-iron alloy) in serpentinized peridotite (top); photomicrographs show awaruite grains up to ~450 microns in size (bottom).

AWARUITE NICKEL: HIGH RECOVERY FROM HIGH-GRADE MINERAL

Awaruite (Ni₃Fe) is a naturally occurring nickel-iron-cobalt alloy containing approximately 77% nickel2, or 2 to 3 times the nickel content of typical nickel sulfide minerals such as pentlandite (~25% Ni)3. Awaruite’s high nickel content and magnetic properties enables simpler magnetic concentration, with less complex flotation requirements than conventional sulfide processing, and supports higher end-concentrate grades.

DTR metallurgical testing at the RPM Zone has achieved an average nickel recovery of 68.62% across reported drill holes, demonstrating the effectiveness of magnetic separation for awaruite concentration. The 10.48% mass pull in Hole AN-25-10 shows that magnetic separation can reduce the starting rock volume by approximately 90%, concentrating the recoverable nickel into about 10% of the original rock mass prior to flotation. The Company's current metallurgical program is based on magnetic separation ahead of flotation, leveraging awaruite's unique magnetic properties to achieve superior recoveries relative to bulk tonnage nickel sulfide mineralization.

Unlike conventional nickel sulfide minerals such as pentlandite (Fe,Ni)₉S₈, which contain sulfur, a non-metal chemical element that takes-up weight and space within the mineral and needs to be removed through secondary processing such as high temperature smelting or roasting, awaruite's sulfur-free composition eliminates the need for smelting, roasting, or acid leaching. This positions the Pipestone XL Project as a potential domestic source of magnetically concentrated nickel that reduces reliance on overseas processing infrastructure.

PHASE 2X DRILLING PROGRAM UPDATE

The Phase 2X drilling program continues to expand the RPM Zone within the 4-kilometer strike length target area announced October 21, 2025. To date, approximately 3,500 meters of drill core from the RPM Zone have returned positive magnetically recoverable nickel results. Reported holes averaging 1.29% nickel in magnetic concentrate with a 9.25% mass pull, result in a calculated grade of 0.12% DTR nickel. The exceptional results from AN-25-10 (0.15% DTR Ni with 68.62% recovery) demonstrate increasing grades with eastward expansion toward Chrome Pond.

The Company plans to announce additional drilling targeting multiple directions:

Eastern Extension (High Priority): Following the exceptional results from Hole AN-25-10, additional drilling from optimized collars designed to penetrate deeper will target the zone beyond where the hole was halted, continuing the eastward expansion toward the historic Chrome Pond chromite prospect. The eastward trend has consistently delivered the best magnetically recoverable nickel grades on the property.Northern Extension: Systematic step-outs north of Section S3 will continue to test the 4-kilometer strike length potential outlined by DTR surface sampling.Southern Extension: Approximately 1 kilometer of southern extension potential has been identified in areas now reinterpreted as ultramafic peridotites hosting awaruite. CHROMIUM CO-PRODUCT AND METALLURGICAL PROGRAM

Chromium occurs disseminated with the awaruite nickel alloy in all RPM Zone drill hole intervals, averaging 0.15% DTR chromium across reported intersections with a 9.25% average mass pull. Based on consistent chromium assays in every RPM Zone drill hole to date, the Company has expanded its metallurgical program to include chromium as an area of interest for potential by-product recovery. Chromite has been identified as the source mineral for chromium, and its beneficiation potential is currently under investigation. Mineralogy analysis provides the foundation for determining future recovery methods, processing routes, and separation techniques, and will provide insight into potential concentrate grades. The Company anticipates updates on recovery, separation, and preliminary concentrate products for nickel, chromium, and cobalt in early 2026.

Table 04: RPM Zone - Complete Intervals for all Drill Holes Reported to Date

Drill HoleZoneSectionFrom metersTo metersInterval metersMagnetically Recovered (DTR)
Nickel %Magnetic Concentrate Nickel
Grade (Ni %)Mass Pull (%)CommentAN 24 - 02RPMS111.0394.1383.10.131.379.50NR - March 12, 2025AN 24 - 03RPMS118.0234.0216.00.111.329.12NR - April 15, 2025AN 24 - 04RPMS112.0378.0366.00.141.469.53NR- June 24, 2025AN 24 - 05RPMS26.0357.0351.00.121.478.21NR - July 9, 2025AN 25 - 06RPMS25.65453447.350.111.279.02NR - August 12, 2025AN 25 - 07RPMS29495486.00.090.979.60NR - October 23, 2025AN 25 - 08RPMS311491480.00.121.358.79NR - October 23, 2025AN 25 - 09RPMS39483474.00.080.939.0NR - Dec 2, 2025AN 25 - 10RPMS182362280.151.4410.48NR - Dec 2, 2025TBA
Figure 08: Phase 2X drill plan map showing expanded target areas - RPM, RPM South, and RPM North, within the 30 km Pipestone XL Nickel Alloy Project.

Figure 09: Phase 2X drill plan map at the RPM Zone showing the 800-meter drill-confirmed strike length and the open 10-kilometer strike extension to Super Gulp within the 30-kilometer Pipestone XL nickel trend.

AWARUITE - RARE & PURE NATURAL NICKEL-IRON-COBALT ALLOY MINERAL

The sulfur-free nature of awaruite (Ni₃Fe), a naturally occurring nickel-iron-cobalt alloy already in metallic form, eliminates the need for secondary processes such as smelting, roasting or acid leaching that are typical of sulfide or laterite nickel ores. Unlike sulfides, which are not natural alloys, awaruite avoids the challenge of sourcing smelter capacity—a bottleneck in North America's nickel supply chain. With an average nickel grade of approximately 77%, awaruite significantly exceeds the ~25% nickel grade characteristic of pentlandite. Awaruite's strong magnetic properties enable concentration through magnetic separation, as demonstrated by Davis Tube Recovery (DTR) testing at First Atlantic's RPM Zone drill core.

Awaruite eliminates the electricity requirements, emissions, and environmental impacts associated with conventional smelting, roasting or acid leaching processes of common nickel minerals. Moreover, awaruite's sulfur-free composition removes the risks of acid mine drainage (AMD) and related permitting challenges commonly posed by sulfide minerals. As noted by the United States Geological Survey (USGS) in 2012: "The development of awaruite deposits in other parts of Canada may help alleviate any prolonged shortage of nickel concentrate. Awaruite, a natural iron-nickel alloy, is much easier to concentrate than pentlandite, the principal sulfide of nickel."

Figure 10: Quote from USGS on Awaruite Deposits in Canada

DAVIS TUBE RECOVERY (DTR) METALLURGICAL TEST

Davis Tube Recovery (DTR) is a laboratory method that uses magnets to separate magnetic and non-magnetic material from a sample, similar to commercial magnetic separators used in mining operations. The percentage of magnetic mass recovered (mass pull) is used together with the assayed grade of the magnetic fraction to calculate the magnetically recoverable nickel.

DTR nickel percentage is calculated by: Mass Pull (%) × Magnetic Nickel Concentrate Grade (%). This represents the portion of nickel that can be recovered through magnetic separation and is not equivalent to a standard assay result. DTR results can vary based on equipment settings and technological advancements.

The Company has released a new educational video that breaks down the Davis Tube Recovery (DTR) test into five simple steps. This video is a valuable resource for anyone interested in understanding mineral exploration. Please visit https://www.youtube.com/watch?v=q3zsgDtLWns to view the video.

Figure 11: Davis Tube Recovery (DTR) Metallurgical Test 5 Step Process
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Investor Information

The Company's common shares trade on the TSX Venture Exchange under the symbol "FAN", the American OTCQB Exchange under the symbol "FANCF" and on several German exchanges, including Frankfurt and Tradegate, under the symbol "P21".

Investors can get updates about First Atlantic by signing up to receive news via email and SMS text at www.fanickel.com.

FOR MORE INFORMATION:

First Atlantic Investor Relations

Robert Guzman

Tel: +1 844 592 6337

[email protected]

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

Disclosure

Adrian Smith, P.Geo., a director and the Chief Executive Officer of the Company is a qualified person as defined by NI 43-101. The qualified person is a member in good standing of the Professional Engineers and Geoscientists Newfoundland and Labrador (PEGNL) and is a registered professional geoscientist (P.Geo.). Mr. Smith has reviewed and approved the technical information disclosed herein.

Analytical Method & QA/QC

Samples were split in half on site, with one half remaining in the core box for future reference and the other half securely packaged for laboratory analysis. The QA/QC protocol included the insertion of blanks, duplicates, and certified reference material (standards), with one QA/QC sample being inserted every 20 samples to monitor the precision and accuracy of the laboratory results. All analytical results successfully passed QA/QC screening at the laboratory, and all Company inserted standards and blanks returned results within acceptable limits.

Samples were submitted to Activation Laboratories Ltd. (“Actlabs”) in Ancaster, Ontario, an ISO 17025 certified and accredited laboratory operating independently of First Atlantic. Each sample was crushed, with a 250 g sub-sample pulverized to 95% - 200 mesh. A magnetic separate was then generated by running the pulverized sub-sample through a magnetic separator which splits the sub-sample into magnetic and non-magnetic fractions. This involves running a 30 g split of the pulp through a Davis Tube magnetic separator as a slurry using a constant flow rate, a magnetic field strength of 3,500 Gauss, and a tube angle of 45 degrees to produce magnetic and non-magnetic fractions.

The magnetic fractions are collected, dried, weighed and the magnetic fraction is fused with a lithium metaborate/tetraborate flux and lithium bromide releasing agent and then analyzed on a wavelength dispersive XRF for multiple elements including nickel, cobalt, iron and chromium. The magnetically recovered nickel grade was then calculated by multiplying the XRF fusion nickel value by the weight of the magnetic fraction and dividing by the total recorded feed weight or magnetic mass pulled from the sample.

True widths are currently unknown. However the nickel bearing ultramafic ophiolite and peridotite rocks being targeted and sampled in the Phase 1 drilling program at the Atlantic Nickel Project are mapped on surface and in drilling as several hundred meters to over 1 kilometer wide and approximately 30 kilometers long.

Forward-looking statements:

This news release may include "forward-looking information" under applicable Canadian securities legislation. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information.

Forward-looking information in this news release includes, but is not limited to: statements regarding: the timing, scope and results of the Company’s Phase 1 and Phase 2 work and drilling programs (including follow-up drilling around Hole AN-25-10 and continued expansion toward Chrome Pond); future project developments; the Company’s objectives, goals, and future plans; statements and estimates of market conditions; the viability of magnetic separation as a low-impact processing method for awaruite; the strategic and economic implications of the Company’s projects; and expectations regarding future developments and strategic plans. Forward-looking information is based on, among other things, assumptions regarding: the continuity of mineralization and geology suggested by drilling and sampling to date; metallurgical recoveries and magnetic separation performance continuing to be consistent with test results; the availability of drill rigs, services, personnel and supplies; permitting and regulatory timelines; prevailing and future nickel, cobalt and chromium prices and demand; and the Company’s ability to obtain financing on reasonable terms to carry out planned exploration and metallurgical programs.

Readers are cautioned that such forward-looking information are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining and clean energy industries. Additional factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on http://www.sedarplus.ca. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no mineral reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information, except as required by applicable securities laws.

Neither the 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.

___________________

1 https://fpxnickel.com/news/fpx-nickel-delivers-pfs-for-baptiste-nickel-project-with-after-tax-npv-of-us2-01-billion-and-18-6-irr/ 
2 https://www.sciencedirect.com/science/article/abs/pii/S0892687522003648 
3 https://fpxnickel.com/projects-overview/what-is-awaruite/ 

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PALO ALTO, Calif., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Wealthfront, a tech-driven financial platform helping digital natives turn their savings into wealth, today announced that it has launched the roadshow for its proposed initial public offering of its common stock. Wealthfront has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) to offer 34,615,384 shares of its common stock to the public. The offering consists of 21,468,038 shares of common stock being offered by Wealthfront and 13,147,346 shares of common stock being offered by existing stockholders (the “Selling Stockholders”). Wealthfront will not receive any proceeds from the sale of shares by the Selling Stockholders. In addition, Wealthfront intends to grant the underwriters a 30-day option to purchase up to an additional 5,192,308 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $12.00 to $14.00 per share. Wealthfront has applied to list its common stock on the Nasdaq Global Select Market under the ticker symbol “WLTH.”

Goldman Sachs & Co. LLC and J.P. Morgan are acting as lead book-running managers for the proposed offering. Citigroup, Wells Fargo Securities, and RBC Capital Markets are acting as active book-running managers, and Citizens Capital Markets, Keefe, Bruyette & Woods, A Stifel Company, and KeyBanc Capital Markets are acting as co-managers for the proposed offering.

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained from: Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at [email protected]; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at [email protected] and [email protected].

A registration statement on Form S-1 relating to the proposed sale of these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release is being made pursuant to, and in accordance with, Rule 134 under the Securities Act of 1933, as amended, and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Wealthfront

Wealthfront is a tech-driven financial platform helping digital natives turn their savings into wealth. Wealthfront’s broad suite of products, including cash management, investing, borrowing, and financial planning solutions, address the diverse needs of its clients regardless of the economic environment. Wealthfront pioneered using automation to offer low-cost diversified portfolios, and the company’s software-driven platform allows it to deliver solutions to clients quickly, conveniently, and at low cost.

Contact: [email protected]

About Ian Lyall
Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually.
Prior to Proactive, Ian helped lead the business output at the Daily... Read more

About the publisher
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.

Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.

We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.

The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.

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Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.

Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.

The SPDR Gold Shares ETF has easily outperformed Bitcoin, Nvidia, and the entire S&P 500 this year.

Billionaire Ken Griffin runs Citadel Advisors, a hedge fund that outperformed the S&P 500 (^GSPC 0.53%) by 7 percentage points over the last three years. Even more impressive, he is the most successful hedge fund manager in history as measured by net gains (after fees) since inception, according to LCH Investments.

One of Griffin's more noteworthy trades in the third quarter was starting a position in the SPDR Gold Shares ETF (GLD +0.48%), an index fund that has returned 60% year to date. Comparatively, Nvidia has returned 32%, Bitcoin has declined 2%, and the S&P 500 has gained 16%.

Importantly, while Citadel's position in the SPDR Gold Shares ETF is rather small, the hedge fund also owns call options on the fund. Those contracts, which afford Citadel the right but not the obligation to buy shares at a predetermined price, are collectively the fourth-largest position in the portfolio.

Also important, Griffin is not the only hedge fund billionaire to increase his exposure to gold during the third quarter. Israel Englander of Millennium Management and Paul Tudor Jones of Tudor Investment also added to their positions. Should you follow their lead?

Image source: Getty Images.

The SPDR Gold Shares ETF is a convenient way for investors to participate in the gold market
The SPDR Gold Shares ETF is an exchange-traded fund managed by State Street. It tracks gold prices by holding physical bullion in vaults and issuing shares. The primary benefit for investors is the ability to participate in the gold market without the inconvenience (and extra costs) associated with buying, transporting, and storing gold bullion.

State Street says, "Gold has demonstrated a low and negative correlation to many financial asset indexes over time and has a track record of providing a hedge during periods of large market drawdowns, systemic risk, and geopolitical volatility." Indeed, the S&P 500 fell by an average of 39% during the last three bear markets, but the SPDR Gold Shares ETF added an average of 4% during those events.

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Investors buy gold in times of economic distress, and Goldman Sachs anticipates more upside
Gold prices depend on supply and demand. The annual growth in the above-ground gold supply has been 1.5% to 2.5% for decades, meaning the available supply changes very little in any given year. That makes demand the most consequential variable, and demand increases during times of economic distress.

Specifically, investors often buy gold when they are worried about inflation or a recession. President Donald Trump has stoked those concerns by imposing tariffs and attempting to influence the Federal Reserve's monetary policy, as detailed below:

Trump on several occasions has contemplated firing Fed Chair Jerome Powell. Doing so would undermine the central bank's independence, which would erode confidence in future monetary policy decisions and the U.S. dollar.
Trump imposed severe tariffs that have raised the average tax on U.S. imports to its highest level since the 1930s. The president claims tariffs will make America richer, but empirical evidence says they will ultimately hurt economic growth.

The bullet points above explain why demand for gold has skyrocketed this year. Investors must now ask themselves whether demand will keep climbing, or whether the market has already priced in concerns about Trump's trade policies and attempts to undermine the independence of the Federal Reserve.

No one truly knows the answer to that question, but Goldman Sachs estimates the price of gold will reach $4,745 per troy ounce in the next 12 months. That implies 13% upside from the current price of $4,200 per troy ounce. But J.P. Morgan analysts think demand for gold is currently driven (in part) by momentum, and those trades "eventually run out of steam."

Personally, I think investors can buy a small position in the SPDR Gold Shares ETF today, but I worry the significant price appreciation seen this year sets the stage for a drawdown at some point in the not-too-distant future.

Apple is reportedly not planing to comply with India's decision to require smartphone makers to preload a state-run cyber safety app on all new devices.

Some investors are jumping ship. Here's why you shouldn't.

It's been a pretty good year for Netflix (NFLX +1.44%) and Veeva Systems (VEEV +0.05%), with both stocks slightly outperforming broader equities since January. However, some might worry about recent pullbacks for both stocks. Could there be issues that will further sink their share prices and disrupt their prospects?

My view is that Netflix and Veeva Systems have excellent outlooks that should allow them to outperform the market, once again, over the long run, despite recent dips. Here's what investors need to know.

Image source: Getty Images.

1. Netflix
Netflix's third-quarter results slightly disappointed investors due to an unexpected tax expense, which led to lower-than-anticipated net income. It then made even more noise when it announced and implemented a 10-for-1 stock split. This move doesn't improve a company's underlying operations, but it often reveals that management has confidence in the business's near-term prospects.

The confidence is justified. The streaming specialist has been firing on all cylinders and could see a significant boost over the next 12 months as new launches or events lead to more subscribers, engagement, and a boost in sales within its still relatively new ad business. Netflix is releasing the final season of its hugely popular show Stranger Things, for instance, and will host live NFL games on Christmas Day for the second consecutive year.

This live event should attract a large audience and advertisers, potentially driving Netflix's sales higher. And beyond the next year, Netflix still has plenty of room to grow in the streaming market.

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Streaming has gained significant traction over the past decade, but other forms of entertainment, particularly cable, are alive and well. Netflix's goal is to replace cable, so there is plenty more work to be done. But what about the competition? The company has thrived despite the changing competitive landscape thanks to at least two factors. First, Netflix has a strong brand name associated with streaming. That's where people gravitate toward the most. That's why it remains the leader in television viewing time among its relevant competitors.

Second, Netflix's extensive ecosystem and the data it has access to continue to enable it to craft a winning content strategy, providing a beautiful example of the network effect. These two factors grant Netflix a significant competitive edge and should allow it to be one of the primary beneficiaries of the remaining $650 billion opportunity the company sees across the markets it serves.

And investors shouldn't worry too much about the lower-than-expected third-quarter net income, as the tax expense it incurred should be a one-time thing and won't impact its results moving forward. So, Netflix could perform well heading into 2026, but more importantly, the company's long-term prospects are attractive.

2. Veeva Systems
Veeva Systems isn't the best-known cloud computing company. But it is the top player in the life sciences niche of the industry. Focusing on this single market has some disadvantages. Veeva Systems' cloud services aren't well-suited to the demands of most corporations outside the pharmaceutical, biotech, and medtech sectors. However, there is also a significant advantage.

Since Veeva Systems develops its cloud solutions with the unique demands of its clients and their industry in mind -- which include data integrity, patient confidentiality, and stringent regulatory oversight -- it has become one of the go-to providers for many of the largest companies in the sector it targets. Veeva Systems' client list includes notable companies such as Merck and Eli Lilly, among others.

The results of the company's strategy have been increased adoption of its services and strong financial results. In the third quarter of its fiscal year 2026, ending on Oct. 31, the company's revenue increased 16% year over year to $811.2 million, while its adjusted earnings per share came in at $2.04, up from the $1.75 reported in the year-ago period.

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Veeva Systems' shares dropped despite strong results due to its guidance that implies lower growth than analysts had expected, coupled with the company potentially losing some major clients. Despite these challenges, there are excellent reasons to stick with Veeva Systems. Earlier this year, it achieved its goal of reaching an annual revenue run rate of $3 billion by 2025. It plans to double that total by 2030.

Veeva has generally met these targets on time or ahead of schedule. Doubling its revenue by 2030 would imply top-line growth in the mid-teens through the end of the decade, which is still a strong rate of growth. Furthermore, even an annual revenue of $6 billion would leave plenty of room for growth, as it estimates a total addressable market of $20 billion.This vast opportunity is a major reason Veeva Systems' long-term outlook is attractive.

Lastly, Veeva Systems should continue innovating and launching new services, as it has in the past. The company is gearing up to release Veeva AI, a suite of AI tools designed specifically for life science companies to help them boost productivity and efficiency, including in areas such as preparing clinical trials.

Veeva Systems might see strong adoption of this new launch next year, and over the medium term, it's yet another tool that makes it one of the best choices in its niche of the cloud market. These are all reasons why Veeva Systems' stock is a buy.

Uniti Group Inc. is rated a buy after Q3, following a transformative merger and a pivot to become a premier insurgent fiber provider. UNIT's new structure, operational synergies, and leadership improvements position it for aggressive growth, especially in fiber and AI-driven connectivity markets. Kinetic division shows strong subscriber and penetration growth, while Fiber Infrastructure benefits from hyperscaler demand and high-margin deals.

Here are three stocks with buy rank and strong value characteristics for investors to consider today, Dec. 2: 

John B. Sanfilippo & Son, Inc. (JBSS - Free Report) : This Tree-nut and peanut processing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.  

John B. Sanfilippo & Son has a price-to-earnings ratio (P/E) of 12.23, compared with 14.60 for the industry. The company possesses a Value Score  of B.

Centerra Gold Inc. (CGAU - Free Report) : This gold and copper mining company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 29.3% over the last 60 days.  

Centerra Gold has a price-to-earnings ratio (P/E) of 13.69, compared with 25.20 for the S&P. The company possesses a Value Score of A.

Kohl's Corporation (KSS - Free Report) : This omnichannel retail company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 71.2% over the last 60 days. 

Kohl's Corporation has a price-to-earnings ratio (P/E) of 21.70, compared with 23.50 for the industry. The company possesses a Value Score of A.

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.

HomeStock IdeasLong IdeasTech 

SummarySnowflake remains well-positioned as the leading pure-play cloud data warehouse provider, benefiting from robust cloud market and rising data volumes.SNOW's competitive edge stems from multi-cloud integration, superior data sharing, and a flexible three-layer architecture, outpacing major rivals in scalability and collaboration.Despite recent revenue growth deceleration, projections indicate strong double-digit growth averaging 23.6% over the next five years, supported by cloud, IoT, and AI trends. Rasi Bhadramani/iStock via Getty Images

By Anthony Goh, Senior Investment Research Analyst @ Khaveen Investments & Shivansh Prashant Mundra, Investment Research Intern @ Khaveen Investments

In our last analysis of Snowflake Inc. (SNOW), we believed the company

Analyst’s Disclosure:I/we have a beneficial long position in the shares of SNOW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

No information in this publication is intended as investment, tax, accounting, or legal advice, or as an offer/solicitation to sell or buy. Material provided in this publication is for educational purposes only and was prepared from sources and data believed to be reliable, but we do not guarantee its accuracy or completeness.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Meta Platforms (NASDAQ: META) has received an updated outlook from Evercore ISI, with analyst Mark Mahaney reaffirming his ‘Outperform' rating and citing a strengthening core business along with expanding long-term monetization opportunities.

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that it has completed the previously announced sale of Versace to Prada S.p.A. (HKSE:1913) for $1.375 billion in cash subject to certain adjustments. John D. Idol, the Company's Chairman and Chief Executive Officer, said, "With the successful completion of the sale of Versace, we plan to use the proceeds to repay the majority of our debt, which will substantially strengthen our balance sh.

BENTONVILLE, Ark.--(BUSINESS WIRE)--This Black Friday and Cyber Monday, Walmart once again set the pace for how America shops — faster, smarter and more conveniently than ever. From early-morning scrolls to same-day deliveries, millions of customers turned to the retailer to kick off the holiday season, saving in stores, online and through the app across thousands of top products. "We curated an incredible assortment of the most sought-after gifts — from Barbie to Vizio to Apple — at the best p.

Several new start-ups are building replicas of sites so A.I. can learn to use the internet and maybe replace white-collar workers.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Nvidia stock has been hit by a perceived threat from Google but a number of industry partnerships could restore confidence in the chip maker.

FOND DU LAC, Wisc., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Mercury Marine, a global leader in marine propulsion systems and a division of Brunswick Corporation (NYSE: BC), has agreed to a new five-year exclusive supply agreement with Axopar Boats, the award-winning innovative Finnish boat manufacturer. This agreement not only extends a highly successful collaboration that has flourished for more than a decade but also reaffirms both companies’ unwavering commitment to redefining the boating experience for enthusiasts worldwide.

“Our partnership with Axopar is built on mutual respect and a shared dedication to innovation,” said John Buelow, Mercury Marine president. “We are proud to extend our supply agreement and look forward to fueling Axopar’s growth in the years ahead. The synergy between Mercury’s high-performance outboard engines and Axopar’s award-winning boat designs has set new standards in the marine industry, offering customers reliability, efficiency, and enjoyment on the water.”

Mercury Marine engines have consistently powered Axopar vessels at all major boat shows around the world. From Europe to North America, the combined presence of Mercury and Axopar has shown the very best in marine engineering and design, drawing enthusiasts and industry professionals alike to experience their latest innovations.

This renewed five-year agreement guarantees that Mercury outboards will remain the exclusive power choice for Axopar’s expanding fleet, further fueling the brands’ shared commitment to delivering unmatched performance, advancing sustainability initiatives, and exceeding customer expectations at every turn.

Axopar is set to unveil its highly anticipated Axopar 38 at the Dusseldorf Boat Show, powered by twin Mercury 350hp V10 outboards showcasing the next evolution in power, design, and innovation for discerning boaters worldwide.

About Mercury Marine

Headquartered in Fond du Lac, Wisconsin, Mercury Marine® is the world’s leading manufacturer of recreational marine propulsion engines. A division of Brunswick Corporation (NYSE: BC), Mercury provides engines, boats, services and parts for recreational, commercial and government marine applications. Mercury empowers boaters with products that are easy to use, extremely reliable and backed by the most dedicated customer support in the world. The company’s industry-leading brand portfolio includes Mercury outboard engines, Mercury MerCruiser® sterndrive and inboard packages, Mercury propellers, Mercury inflatable boats, Mercury SmartCraft® electronics, Land 'N' Sea marine parts distribution and Mercury and Quicksilver® parts and oils. More information is available at MercuryMarine.com.

The cryptocurrency market experienced a dip on Monday but instantly bounced back. Bitcoin briefly dropped to the $84k level but is now trading above $86k per coin. XRP, Ripple's native coin, also dipped on Monday, but the $1.9 support level held, pushing the price back above $2.0. With the $2.

The Solana crypto market is navigating a delicate phase where macro sentiment and on-chain activity diverge from the short-term price structure. In this piece we will explore how the current technical setup, broader crypto risk appetite, and Solana-based DeFi activity interact, and what that could mean for the next directional move in SOL against the dollar.
SOL/USDT — daily chart with candlesticks, EMA20/EMA50 and volume.

Summary

SummarySolana crypto market: Market Context and DirectionTechnical Outlook: reading the overall setupIntraday Perspective and SOLUSDT token MomentumKey Levels and Market ReactionsFuture Scenarios and Investment Outlook
Summary
SOL is trading near the lower edge of its recent daily range, with the spot price at 127.35 USDT. On the daily chart, the asset sits below the 20, 50 and 200-day EMAs, confirming a broadly bearish regime despite some short-term stabilization. Momentum indicators show oversold but not capitulated conditions, leaving room for both relief bounces and further grinding downside. Volatility, as captured by ATR and Bollinger Bands, is elevated but not explosive, pointing to a controlled, trend-driven environment rather than a panic market. Meanwhile, market-wide sentiment leans heavily risk-off, yet intraday data for SOL suggests pockets of dip-buying. Overall, traders are cautious, with larger players likely waiting for clearer confirmation before committing to a new medium-term trend.

Solana crypto market: Market Context and Direction
Zooming out, the broader digital asset landscape remains dominated by bitcoin, which holds a hefty 57.3% market share. This elevated dominance generally signals that capital is consolidating in perceived “safer” majors rather than flowing into alternative layer-1 ecosystems like Solana. Moreover, the total crypto market capitalization stands around 3.03 trillion dollars, with a modest 0.5% gain over 24 hours, suggesting cautious accumulation rather than a euphoric melt-up.

Sentiment data reinforces this defensive stance. The Fear & Greed Index sits in Extreme Fear at 23, indicating that investors remain wary after recent drawdowns. In such conditions, altcoins tend to lag until bitcoin stabilizes more convincingly. That said, Solana’s share of global market cap near the mid-single digits highlights that it is still a core component of the risk spectrum, and flows can quickly rotate back once confidence returns. DeFi activity on Raydium, Orca and other Solana-based protocols, with sizeable all-time fee generation and recent short-term spikes, shows that the underlying ecosystem retains traction even as price consolidates.

Technical Outlook: reading the overall setup
On the daily timeframe, SOL closes at 127.35, notably below its 20-day EMA at 139.48, 50-day EMA at 158.21 and 200-day EMA at 175.69. This clear separation of price beneath all three moving averages confirms a dominant bearish trend structure. It implies that rallies into the 135–160 zone are likely to encounter supply from traders exiting underwater positions or short-term swing sellers leaning into the downtrend.

The RSI at 34.48 reinforces this picture. It sits below the neutral 50 mark but remains above classical oversold thresholds, pointing to weak but not exhausted momentum. Sellers remain in control, yet there is room for a countertrend bounce without necessarily ending the broader down move. The MACD on the daily chart prints a line at -8.82 against a signal at -9.86, with a slightly positive histogram of 1.04. This small uptick indicates that downside momentum is starting to stabilize; the bears are no longer accelerating, even if they still set the tone.

Bollinger Bands add nuance: the mid-band is at 135.58, with the upper band at 146.17 and the lower band at 124.99. Price hovering just above the lower band highlights that SOL is in a pressure zone near support, where further sharp selling may begin to exhaust itself, yet a decisive close back above the mid-band would be needed to argue for a sustainable recovery. The ATR at 8.08 underlines a backdrop of elevated but controlled volatility, where daily swings are meaningful but not chaotic, rewarding disciplined risk management over aggressive leverage.

Intraday Perspective and SOLUSDT token Momentum
While the daily structure leans bearish, intraday charts paint a more balanced story. On the hourly timeframe, SOL trades at 127.37, almost exactly in line with the 20-hour EMA at 126.96, but still under the 50-hour and 200-hour averages at 129.61 and 134.05. This configuration signals a short-term neutral regime attempting to build a base within a larger downtrend.

Meanwhile, the hourly RSI at 49.03 sits close to equilibrium, suggesting a tug-of-war rather than one-sided selling. The hourly MACD line at -0.72, just above its signal at -1.24 with a positive histogram, hints that intraday bears are losing dominance and that short-term momentum is tilting toward consolidation or a mild rebound. On the 15-minute chart, the picture improves slightly: price at 127.36 is now fractionally above both the 20- and 50-period EMAs, with RSI at 56.12. As a result, very short-term traders appear willing to buy dips near 126–127, even as higher timeframes remain cautious.

Key Levels and Market Reactions
Daily pivots place the central reference point almost exactly where SOL trades now, at 127.3. This area acts as a balance zone where neither buyers nor sellers have a clear immediate edge. Just above sits a first resistance region around 128.6; a clean break and intraday hold over this band could encourage scalpers to press toward the mid-Bollinger zone around 135, testing whether the recent downtrend is losing grip.

On the downside, the first notable support emerges close to 126.1, aligning loosely with the lower daily Bollinger Band at 124.99. A sustained move below this cluster would signal that downside continuation is reasserting itself, potentially dragging price into a deeper retracement toward prior demand zones. Conversely, repeated defenses of 125–126 with rising intraday lows would strengthen the case that a short-term floor is forming inside a larger corrective pattern.

Future Scenarios and Investment Outlook
Overall, the prevailing scenario remains cautiously bearish on the higher timeframe, with clear evidence of a downtrend in need of consolidation before any durable recovery. As long as SOL stays below the descending cluster of daily EMAs, rallies are better viewed as potential selling opportunities or risk-reduction windows for longer-term holders.

However, the alignment of intraday neutrality, stabilizing MACD, and price clinging to the lower Bollinger Band suggests that a relief bounce or sideways phase is increasingly likely. In such an environment, active traders might focus on range strategies between nearby supports and resistances, while longer-term investors may prefer to wait for trend confirmation through a reclaim of key moving averages and an improvement in broader risk sentiment beyond Extreme Fear. If those signals converge with renewed capital rotation away from bitcoin dominance toward high-activity ecosystems, the Solana crypto market could eventually transition from defense back to accumulation.

This analysis is for informational purposes only and does not constitute financial advice.

Readers should conduct their own research before making investment decisions.

Lorenzo Marcek

Lorenzo Marcek is a financial journalist and senior crypto markets analyst known for his clear, data-driven approach to digital asset reporting. With a background in economics and more than a decade covering global markets, he specializes in on-chain metrics, institutional adoption trends, and macro-driven crypto movements. His work blends investigative journalism with technical market insight, making him a trusted voice for traders seeking grounded, actionable analysis.