Market Signal Briefing

VANCOUVER, British Columbia, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) reports production results for the fourth quarter and full year 2025 from its three operating mines in Latin America and West Africa. In 2025, Fortuna achieved its annual production guidance, delivering 317,001 gold equivalent ounces (“GEO”)1. Unless otherwise noted, all dollar amounts in this news release are expressed in U.S. dollars.

Fourth Quarter 2025 Highlights

GEO production of 65,130; compared to 72,462 GEO in Q3 20252 and 75,562 GEO in Q4 20243,4. The decrease is primarily explained by mechanical downtime of the crushing circuit at Lindero, which was resolved in December. Full Year 2025 Highlights

GEO1 production of 317,001, achieving annual guidance range of 309,000 to 339,000 GEO.GEO production from ongoing operations of 279,207 in 2025, compared to 292,169 GEO in 20243,4. The decrease is primarily explained by the impact of rising gold prices affecting the gold-to-base-metal ratios for Caylloma’s GEO calculation.Séguéla delivered record gold production of 152,426 ounces; 4% above the upper end of annual guidance.Completion of the San Jose Mine sale in April 20255 and the Yaramoko Mine sale in May 20256, streamlining portfolio through the divestiture of short reserve-life assets.Total Recordable Injury Frequency Rate (“TRIFR”) of 0.74 compared to 1.36 in 2024. 2026 Outlook Highlights

In support of achieving Fortuna’s consolidated gold production target of 500,000 ounces, the Company is advancing two key growth projects in 2026: a construction decision at Diamba Sud by mid-year, and the delivery of the Séguéla processing plant expansion feasibility-level study in Q2.GEO production from ongoing operations of between 281,000 and 305,0007; representing a projected increase of between 1% and 9%, respectively, compared to 2025Cash cost of between $895 and $1,000 per GEO and all-in sustaining cost (AISC) of between $1,830 and $1,975 per GEO. Notes:

GEO includes gold, silver, lead, and zinc and are calculated using the following metal prices: $3,453 /oz Au, $40.24/oz Ag, $1,962/t Pb and $2,864/t Zn or the following ratios: Au:Ag = 1:85.8, Au:Pb = 1:1.76, Au:Zn = 1:1.21.Refer to Fortuna news release dated October 8, 2025, “Fortuna delivers production of 72,462 gold equivalent ounces for the third quarter of 2025.”Refer to Fortuna news release dated January 21, 2025, “Fortuna reports record production of 455,958 Au Eq ounces for 2024 and provides 2025 outlook.”Consolidated production for 2024 excludes divested operations of the San Jose and Yaramoko mines.Refer to Fortuna news release dated April 14, 2025, “Fortuna completes sale of non-core San Jose Mine, Mexico.”Refer to Fortuna news release dated May 13, 2025, “Fortuna Completes Divestiture of Yaramoko Mine and Provides Updated 2025 Production and Cost Guidance.”GEO includes gold, silver, lead, and zinc and is calculated using the following metal prices: $3,750/oz Au, $45.00/oz Ag, $1,940/t Pb and $2,750/t Zn or the following ratios: Au:Ag = 1:83.30, Au:Pb = 1:1.93, Au:Zn = 1:1.36.Non-IFRS Measures. Refer to the Non-IFRS Measures section at the end of this news release and to the Appendix. 2025 Consolidated GEO Production

          Q4 20252Q3 20252FY 20252025 Guidance (000)1Ongoing Operations Séguéla, Côte d’Ivoire36,942 38,799 152,426 134 – 147 Lindero, Argentina19,201 24,417 87,489 93 – 105 Caylloma, Peru8,987 9,246 39,292 44 – 49 Total from ongoing operations65,130 72,462 279,207 271 – 301 Divested Operation        Yaramoko, Burkina Faso- - 37,794 38 Total from ongoing and divested operations65,130 72,462 317,001 309 – 339  Note:

GEO includes gold, silver, lead, and zinc and are calculated using the following metal prices $2,500/oz Au, $30.00/oz Ag, $2,100/t Pb and $2,700/t Zn or Au:Ag = 1:83.30, Au:Pb = 1:1.19, Au:Zn = 1:0.93 West Africa Region

Séguéla Mine, Côte d’Ivoire
Delivered record gold production above the upper end of annual guidance.

 Q4 2025Q3 2025FY 20252025 Guidance (000)Tonnes milled410,014 435,770 1,718,973 - Average tpd milled4,506 4,737 4,709 - Gold grade (g/t)3.16 3.01 2.98 - Gold recovery (%)92.1 91.4 92.3 - Gold production (oz)136,942 38,799 152,426 134 - 147  Note:

Production includes doré only Mining

Mine production for the fourth quarter of 2025 totaled 340,464 tonnes of ore, averaging 3.71 g/t Au, and containing an estimated 40,614 ounces of gold from the Antenna, Ancien, and Koula pits. Ore tonnes mined were lower than tonnes milled during the quarter, in line with the mine plan and the strategy to reduce surface stockpiles. A total of 3,920,293 tonnes of waste was moved during the period, resulting in a strip ratio of 11.5:1.

Processing

Séguéla produced 36,942 ounces of gold during the quarter at an average head grade of 3.16 g/t Au. The 5% decrease in ounces produced is a result of a 6% decrease in tonnes milled, partially offset by 5% higher grade compared to the third quarter of 2025. Lower tonnes milled during the quarter were primarily due to downtime caused by a failure of the SAG mill motor cooling system in October and other planned maintenance activities. Gold recoveries increased modestly during the quarter following planned maintenance on the carbon-in-leach tanks completed in the third quarter. Several initiatives are currently underway to further improve gold recovery in 2026.

Project Updates

The $8.0 million third lift of the tailings storage facility was completed, providing tailings storage through early 2030 at current throughput rates.The $8.5 million decommissioning and construction of three public transmission towers was completed, enabling the commencement of pre-mining activities at the Sunbird deposit.On-site works at the Séguéla 6MW solar power facility commenced and are expected to be completed with commissioning in the first quarter of 2026.Processing plant expansion feasibility study is underway to evaluate options to increase throughput beyond the current 1.75 Mtpa capacity to between 2.0 and 2.5 Mtpa; targeting over 200,000 ounces of gold per year (refer to Fortuna news release dated December 3, 2025). Full Year 2025 Production

Séguéla produced a record total of 152,426 ounces of gold in 2025, 4% above the upper end of annual guidance.

Latin America Region

Lindero Mine, Argentina
Mechanical downtime at primary crusher and HPGR resolved in December; quarter production impacted

 Q4 2025
Q3 2025
FY 2025
2025 Guidance (000)
Ore placed on pad (t)1,191,030 1,699,007 6,471,573 - Gold grade (g/t)0.63 0.60 0.58 - Gold production (oz)119,201 24,417 87,489 93 - 105  Note:

Gold production includes doré, gold in carbon, and gold in copper concentrate Mining

During the fourth quarter, Lindero mined 1.41 million tonnes of ore, maintaining a low strip ratio of 1.5:1. A total of 1.2 million tonnes of ore were placed on the leach pad at an average head grade of 0.63 g/t Au, containing an estimated 24,040 ounces of gold. Quarter over quarter, the reduced tonnage of ore placed on the leach pad reflects lower mechanical availability of the crushing system.

Processing

Lindero produced a total of 19,201 ounces of gold during the quarter, representing a 21% decrease in production quarter over quarter. As previously disclosed (see Fortuna news release dated November 5, 2025), Lindero experienced unplanned downtime of the primary crusher in late September. The primary crusher was returned to full service on December 19, 2025. During the downtime period, Management implemented several mitigation measures, including the use of a portable jaw crusher and direct run-of-mine ore screening, which offset the impact of the primary crusher interruption.

On December 8, 2025, the HPGR tertiary crusher experienced abnormal vibration originating from one of its two cardan shafts, resulting in a twelve-day full stoppage. A spare cardan shaft was installed, and the HPGR circuit was restarted on December 20, 2025. The production loss associated with the HPGR repair could not be mitigated. Consequently, gold production for December, and cumulative production for the fourth quarter, were below Management’s plan, resulting in Lindero not achieving its annual production guidance.

Following an engineering assessment of the primary crusher and its supporting foundations, Management has approved a planned 30-day replacement of the steel foundations starting in
March 2026, at an estimated capital cost of $2.2 million. Mining operations will continue ahead of the scheduled work, with ore being stockpiled to support uninterrupted stacking on the leach pad during the foundation replacement period.

Full Year 2025 Production

Lindero produced a total of 87,489 ounces of gold in 2025, 6% below the lower end of annual guidance.

Caylloma Mine, Peru
Strong operational performance; base metal production exceeded the upper end of annual production guidance.

 Q4 2025 Q3 2025 FY 2025 2025 Guidance Tonnes milled139,997 140,523 555,649 - Average tpd milled1,556 1,561 1,556 - Silver grade (g/t)65 63 65 - Silver recovery (%)84.64 82.03 83.42 - Silver production (oz)1248,882 233,612 966,108 900,000 - 1,000,000 Lead grade (%)2.95 3.01 3.1 - Lead recovery (%)92.60 91.10 91.33 - Lead production (lbs)8,443,705 8,492,206 34,696,351 29,000,000 - 32,000,000 Zinc grade (%)4.32 4.27 4.55 - Zinc recovery (%)91.11 90.59 90.99 - Zinc production (lbs)12,149,675 11,988,738 50,761,436 45,000,000 - 49,000,000 GEO production (oz)8,987 9,246 39,292 44,000 - 49,000  Note:

Metallurgical recovery for silver is calculated based on silver content in lead concentrate The lower GEO production when compared to guidance reflects the significant rise in gold prices through 2025 resulting in changes to the gold-to-base-metal ratios used in the GEO calculation.

Mining

Mine production for the fourth quarter totaled 134,697 tonnes of ore, with 77% mined from the Animas vein using the overhand cut and fill method, 20% mined primarily by sublevel stoping from the Cimoide ASNE vein, and the remaining 3% from the Ramal Carolina vein.

Processing

Caylloma produced 248,882 ounces of silver in the quarter at an average head grade of 65 g/t Ag, maintaining production levels consistent with the previous quarter.

Zinc and lead production totaled 12.1 million and 8.4 million pounds, respectively, at average head grades of 4.32 % Zn and 2.95 % Pb. Base metal production remained consistent with the previous quarter, as mining continued from the same levels and stopes.

Project Update

The power grid enhancement project was successfully completed and commissioned in early December. As a result, the Caylloma mine is now able to meet 100% of its current and future energy requirements through the national power grid, which is supplied entirely from renewable sources. This transition eliminates the need for supplemental diesel-based power generation.

Full Year 2025 Production

Caylloma produced a total of 966,108 ounces of silver, 50.8 million pounds of zinc, and 34.7 million pounds of lead or 39,292 GEO in 2025.

2026 Outlook

2026 is a key year in the growth of Fortuna, with a budget focused on materializing its Brownfields projects, with the aim of subsequently achieving the corporate target of producing 500,000 ounces annually.

Fortuna is allocating approximately $100 million to the advancement of the Diamba Sud Gold Project, including exploration, with a focus on early works to de-risk the project timeline as the Company moves toward a construction decision by mid-year. At the Séguéla Mine, a growth budget of approximately $14 million has been assigned to the development of Sunbird underground infrastructure and mill expansion studies. In addition, the Company is allocating $55 million towards exploration across its portfolio.

Fortuna’s growing financial strength underpins planned investments in project development and expansion. As of December 31, 2025, it is estimated that the Company had liquidity of $704 million, and a net cash position of $382 million. The foregoing is preliminary unaudited financial information and has been prepared by Management and remains subject to final review of the Company’s audit committee and approval of the Company’s board of directors. Refer to the “Cautionary Statement” section at the end of this news release.

GEO production for 2026 is guided to be between 281,000 and 305,000 ounces, driven by increased production at the Séguéla Mine, offset by lower GEO production at the Caylloma Mine due to the effect of a higher gold price on the gold-to-base-metal conversion used in the GEO calculation.

Consolidated AISC is expected to be between $1,830 and $1,975 per ounce, representing a slight increase compared to 2025. This increase is primarily attributable to higher royalties of approximately $30 per ounce, assuming a gold price of $3,750 for 2026, and the impact of relative metal prices at Caylloma, estimated at $60 per ounce on a gold equivalent basis. In addition, AISC reflects a higher cost base at Séguéla, as the prior year benefited from the processing of ore inventory with lower unit mining costs. These factors are partially offset by lower cash costs at Lindero and higher gold production at Séguéla.

2026 GEO consolidated production and cost guidance table

MineProduction (000)
Cash Cost1,2, 3,5
AISC1,2,3,5
SilverAg Eq ($/oz Ag Eq) ($/oz Ag Eq) Caylloma, Peru32,400 - 2,700 17.3 - 19.1 31.3 - 35.6 GoldAu ($/oz Au) ($/oz Au) Lindero, Argentina492 - 102 975 - 1,140 1,520 - 1,655 Séguéla, Côte d´Ivoire160 - 170 735 – 815 1,630 - 1,730 GEO Consolidated Total281 - 3053 $895 - 1,0006 $1,830 - 1,9756 
Notes:

Cash Cost and all-in sustaining cost (AISC) are non-IFRS financial measures and are not standardized financial measures under the financial reporting framework used to prepare the Company’s financial statements. As a result, these measures may not be comparable to similar financial measures disclosed by other issuers. Refer to the section titled “Non-IFRS Financial Measures” below.Cash cost includes production cash cost and, for the Lindero Mine, is reported net of copper by-product credits. AISC includes sustaining capital expenditures, worker’s participation (as applicable), commercial and government royalties, mining taxes, export duties (as applicable), subsidiary general and administrative costs, and Brownfields exploration expenditures. AISC is estimated using metal prices of $ 3,750/oz Au, $45.00/oz Ag, $1,940/t Pb, and $2,750/t Zn. AISC excludes government mining royalty recognized as income tax within the scope of IAS-12. The guidance assumes an exchange rate of $0.83/EUR.Gold and silver equivalent is calculated using metal prices of $3,750/oz Au, $45.00/oz Ag, $1,940/t Pb and $2,750/t Zn.Cost guidance for the Lindero Mine does not consider potential changes by the Argentine government to national macroeconomic policies, the taxation system, or import and export duties which, if implemented, may have a material impact on costs. The guidance assumes an annual inflation rate for Argentina of 22% and an annual devaluation of 13%.Historical non-IFRS measure cost comparatives: The following table provides historical cash costs and historical AISC for the Caylloma, Lindero and Séguéla mines for the year ended December 31, 2024, as set below: MineCash Costa,b,c AISCa,b,c  Silver($/oz Ag Eq) ($/oz Ag Eq)  Caylloma, Peru14.12 21.72  Gold($/oz Au) ($/oz Au)  Lindero, Argentina1,051 1,793  Séguéla, Côte d’Ivoire584 1,153   (a)  Cash cost and AISC are non-IFRS financial measures; refer to section titled “Non-IFRS Financial Measures” below.
(b)  Silver equivalent was calculated using metal prices of $2,233/oz Au, $27.88/oz Ag, $2,072/t Pb and $2,786/t Zn for the year ended December 31, 2024.
(c)  Further details on cash cost and AISC for the year ended December 31, 2024 are disclosed on pages 32 and 36 (with respect to cash cost) and pages 34 and 38 (with respect to AISC) of the Company’s management discussion and analysis (“MD&A”) for the year ended December 31, 2024 dated as of March 5, 2025 (“2024 MD&A”) which is available under Fortuna's SEDAR+ profile at

www.sedarplus.ca and is incorporated by reference into this news release, and the note under “Non-IFRS Financial Measures” below.

6. Refer to Appendix.

2026 Asset Outlook

Diamba Sud Gold Project, Senegal
Advancing early works toward a mid-2026 construction decision

Supported by robust PEA economics (refer to Fortuna news release dated October 15, 2025), Fortuna is advancing the Diamba Sud Gold Project toward a mid-2026 final investment decision (“FID”). Current progress includes the commencement of construction of the new accommodation camp and critical ancillary infrastructure, along with ongoing engineering and procurement activities.

Key milestones include:

Q1 2026: Secure environmental and social impact assessment (“ESIA”) approval.Q2 2026: Complete the feasibility study.June 2026: Receive the exploitation permit and make a FID. To support continued project advancement, Fortuna has allocated $69 million in pre-FID capital, comprising $2.5 million for the completion of the feasibility study and $67 million for early works. This investment targets de-risking critical-path activities, including:

Front-End Engineering Design (“FEED”) for the processing plant.Procurement of long-lead items, including the SAG mill and HFO generators for the power station.Commencement of Ministry-approved construction activities, with a focus on critical ancillary infrastructure, environmental protection, and site security. In addition to project-level investment, Fortuna expects to incur approximately $28 million to advance ongoing exploration activities and enhance operational readiness, including:

$8.8 million for mineral exploration$8.2 million for G&A$5.7 million of corporate services$5.0 million for safety, social, and environmental programs Séguéla Mine, Côte d’Ivoire
Exploration success leads to production expansion opportunities

Séguéla’s mine plan for 2026 considers mining from the Antenna, Ancien, Koula, and Sunbird pits, with planned processing of 1.75 million tonnes of ore at an average grade of 3.2 g/t Au. Capital investments are estimated at $90.2 million, including $61.7 million for sustaining capital expenditures, $14.5 million for growth CapEx, and $14.0 million for Brownfields exploration programs.

Major sustaining capital investments include:

Capitalized stripping$51.0 million  Miscellaneous Infrastructure$8.6 million  
Major growth capital investments include:

Sunbird Underground mine portal$7.5 million  Sunbird Underground Infrastructure and permitting - Power extension, transformer, civil works, and primary fans$3.4 million  
Cash cost and AISC:

Cash cost is expected to be between $735 and $815 per ounce of gold, representing an increase compared to 2025. The increase is primarily driven by inventory accounting, as the prior year benefited from processing low-cost stockpiles, and by a higher proportion of stripping costs remaining in OpEx rather than being capitalized. This is partially offset by higher grades.

AISC is expected to be between $1,630 and $1,730 per ounce of gold, reflecting the higher cash cost relative to 2025 and the impact of higher royalties of approximately $30 per ounce, assuming a gold price of $3,750 for 2026.

2026 guidance compared to 2026 outlook provided in 2025:

Gold production for 2026 is in line with the 2026 outlook provided in 2025 (refer to Fortuna news release dated May 13, 2025). The guidance range has been refined to between 160,000 and 170,000 ounces, reflecting a narrower range with no change to the lower end of the outlook.

Cash cost for 2026 is expected to be higher than the 2026 outlook provided in 2025, primarily due to the impact of 5% higher mining costs and 15% higher processing costs.

AISC guidance for 2026 is expected to be approximately $350 per ounce higher than the outlook provided in 2025, driven mainly by increased royalties, reflecting an estimated $150 per ounce impact associated with the gold price assumption, higher operating costs, including waste striping of approximately $130 per ounce, and higher capital expenditures and genset leases of approximately $55 per ounce.

Lindero Mine, Argentina
Sustained cost discipline supports lower costs

The Lindero Mine is expected to place approximately 7.1 million tonnes of ore on the leach pad in 2026, averaging 0.59 g/t Au and containing an estimated 135,000 ounces of gold. Capital investments are estimated at $41.0 million, including $22.4 million in capitalized stripping, $14.0 million in sustaining capital, and $4.6 million allocated to Brownfields exploration. The waste stripping ratio is planned to reduce from 2.2:1 in 2025 to an average of 1.5:1, in line with the life of mine design.

Major sustaining capital investments include:

Capitalized stripping$22.4 million  Plant (maintenance and acquisitions) $5.7 million  Mine fleet (maintenance and acquisitions) $5.4 million  Primary crusher foundation replacement$2.2 million  
Cash cost and AISC:

Cash cost is expected to decrease in 2026 to a range of $975 to $1,140 per ounce of gold, reflecting operating efficiency initiatives currently in place, lower consumable prices, a reduced stripping ratio, and the favorable impact of Argentine peso foreign exchange movements against the U.S. dollar.

AISC is expected to improve in 2026 to a range of $1,520 to $1,655 per ounce of gold, supported by lower sustaining capital expenditures, reduced operating costs, and higher ounces sold as production increases compared to 2025. While AISC is expected to be elevated in the first quarter of 2026 due to the planned primary crusher foundation replacement, the Company anticipates a strong sequential cost reduction through the year, reaching the low $1,300s by the fourth quarter, reflecting the completion of planned capital spending and the full benefit of operational efficiencies.

Caylloma Mine, Peru
Continued solid production

The Caylloma Mine is scheduled to process 550,000 tonnes of ore in 2026, averaging 61 g/t Ag, 2.5 % Pb, and 3.8 % Zn. Capital investments are estimated at $29.9 million, including $22.2 million for sustaining capital, $1.6 million for non-sustaining capital, and $6.0 million for Brownfields exploration programs.

Major sustaining capital investments include:

Mine development and infill drilling$8.1 million  TSF-3 expansion capacity $6.6 million  TSF-2 closure (Phase 1)$2.1 million  
Cash cost and AISC:

Cash cost is expected to be between $17.3 and $19.1 per ounce of silver equivalent, while AISC is expected to be between $31.3 and $35.6 per ounce of silver equivalent. This represents an increase compared to 2025, primarily due to the impact of relative metal prices on silver equivalent production. The metal prices assumed for 2026 guidance, compared to those used for the 2025 guidance, are estimated to increase AISC by approximately $9 per ounce.

2026 Exploration Outlook
Supporting growth through focused Brownfields and Greenfields exploration

The Company has a total mineral exploration budget of $55.0 million for 2026, compared to an estimated $49.9 million invested in 2025. Brownfields exploration represents 52%, while Greenfields initiatives, including $8.8 million allocated to the Diamba Sud Gold Project, representing 48%.

Brownfields Exploration

Fortuna’s consolidated Brownfields exploration budget for 2026 totals $26.8 million and includes approximately 127,000 meters of reverse circulation and diamond core drilling.

Séguéla Mine, Côte d’Ivoire

The Brownfields exploration budget at Séguéla is $12.2 million, including approximately 69,000 meters of exploration drilling. Programs are focused on resource upgrade drilling primarily at the Sunbird Underground project, infill and expansion drilling at the Kingfisher deposit, and continued target generation.

Diamba Sud Gold Project, Senegal

The Brownfields exploration budget at Diamba Sud is $8.8 million, including approximately 35,000 meters of exploration drilling to support resource upgrade drilling and continued target generation.

Lindero Mine, Argentina

The Brownfields exploration budget for Lindero is $3.7 million, including approximately 11,000 meters of exploration drilling at Arizaro, focused on further testing and extending the 2.5-kilometer strike potential to the southwest and at depth.

Infill drilling totaling approximately 6,000 meters is planned at Lindero to target Inferred Mineral Resources located below the reserve ultimate pit shell. The program is designed to increase confidence in the geologic continuity of mineralization, with the objective of converting additional resources to reserves and extending the mine life.

Caylloma Mine, Peru

The Brownfields exploration program budget at Caylloma is $3.8 million, including approximately 12,000 meters of diamond core drilling targeting extensions to ore shoots 3 and 4 at the Animas zone, along with continued exploration of several other near mine anomalies.

Greenfields Exploration

Generative Greenfields exploration programs in Argentina, Côte d'Ivoire, Mexico, and Senegal are supported by a budget of $24.7 million.

Mexico

Exploration activities in Mexico will focus on project generation and target testing across several emerging projects. A total of $3.1 million has been budgeted, including approximately 6,000 meters of planned diamond core drilling.

Côte d’Ivoire

The exploration budget for Côte d’Ivoire is $3.7 million, with the majority allocated to advancing exploration activities at Guiglo and Tongon North. Planned programs include approximately 19,000 meters of auger drilling and 17,000 meters of reverse circulation (“RC”) drilling for target generation and testing.

Senegal

The exploration budget for Senegal is $3.7 million, supporting approximately 12,000 meters of auger drilling and approximately 10,000 meters of RC drilling for continued target generation.

Argentina

The $5.0 million exploration budget for Argentina is planned to support work at Cerro Lindo and other regional exploration projects. Programs include approximately 7,000 meters of diamond core drilling at Cerro Lindo as part of an extensive reconnaissance program targeting this significant anomaly, as well as an additional 3,000 meters of diamond core drilling across other regional generative targets.

Qualified Person

Eric Chapman, Senior Vice President of Technical Services for Fortuna Mining Corp., is a Professional Geoscientist registered with Engineers and Geoscientists British Columbia (Registration Number 36328) and a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Chapman has reviewed and approved the scientific and technical information contained in this news release and has verified the underlying data.

Paul Weedon, Senior Vice President of Exploration for Fortuna Mining Corp., is a Qualified Person as defined by National Instrument 43-101 being a member of the Australian Institute of Geoscientists (Membership Number 6001). Mr. Weedon has reviewed and approved the scientific and technical information relating to exploration contained in this news release.

About Fortuna Mining Corp. 

Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and a portfolio of exploration projects in Argentina, Côte d’Ivoire, Mexico, and Peru, as well as the Diamba Sud Gold Project in Senegal. Sustainability is at the core of our operations and stakeholder relationships. We produce gold and silver while creating long-term shared value through efficient production, environmental stewardship, and social responsibility. For more information, please visit our website at www.fortunamining.com

ON BEHALF OF THE BOARD
Jorge A. Ganoza
President, CEO, and Director
Fortuna Mining Corp.

Investor Relations:
Carlos Baca | [email protected] | fortunamining.com | X | LinkedIn | YouTube

Forward-looking Statements

This news release contains forward-looking statements which constitute “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (collectively, “Forward-looking Statements”). All statements included herein, other than statements of historical fact, are Forward-looking Statements and are subject to a variety of known and unknown risks and uncertainties which could cause actual events or results to differ materially from those reflected in the Forward-looking Statements. The Forward-looking Statements in this news release may include, without limitation, statements about the Company’s plans for its mines and mineral properties; changes in general economic conditions and financial markets; the impact of inflationary pressures on the Company’s business and operations; estimates of production in 2026 that remain subject to verification and adjustment; the Company’s anticipated financial and operational performance in 2026; estimated production forecasts for 2026; estimated costs; estimated cash costs and all-in sustaining cash costs and expenditures for 2026; estimated capital and sustaining capital expenditures in 2026; estimated Brownfields and Greenfields expenditures in 2026; exploration plans; the future results of exploration activities and the ability of the Company to subsequently achieve its production target of 500,000 ounces of gold annually; the timing of the implementation and completion of sustaining capital investment projects at the Company’s mines; expectations with respect to recoveries, metal grade estimates and the impact of any variations relative to metals grades experienced; metal prices, currency exchange rates and interest rates in 2026; statements about the mineral resource and mineral reserve estimates; life of mine estimates; the Company’s expectation that the replacement of the foundations for the primary crusher at the Lindero Mine will be completed on budget within a 30 day period starting in March 2026; the expectation that the completion of the Caylloma Mine’s power grid enhancement project will enable it to meet 100% of its current and future energy requirements from the national power grid; expectations with respect to the completion and commissioning of the solar power plant project at the Séguéla Mine; expectations with respect to the storage capacity of the tailings storage facility at Séguéla; expectations regarding the expansion of processing plant capacity and a potential increase in annual gold production at Séguéla; expenditures pertaining to the development of the Sunbird underground infrastructure at Séguéla; the expected timing of the completion of a feasibility study, securing approval of the ESIA, receiving an exploitation permit, and making a final investment decision at Diamba Sud; statements regarding the ability of the Company to de-risk critical path activities in connection with the Diamba Sud project; and the ability of the Company to conduct the early works programs on time and on budget at Diamba Sud and statements regarding the related planned expenditures; a preliminary estimate of the Company’s liquidity and net cash position as at December 31, 2025; and statements regarding operational efficiency initiatives as the Company’s properties and the anticipated benefits thereof; the Company’s business strategy, plans and outlook; the merit of the Company’s mines and mineral properties; and the future financial or operating performance of the Company. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “anticipated”, “estimated” “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

The forward-looking statements in this news release also include financial outlooks and other forward-looking metrics relating to the Company and its business, including references to financial and business prospects and future results of operations, including production, and cost guidance, anticipated future financial performance and anticipated production, costs and other metrics. Such information, which may be considered future oriented financial information or financial outlooks within the meaning of applicable Canadian securities legislation (collectively, “FOFI”), has been approved by management of the Company and is based on assumptions which management believes were reasonable on the date such FOFI was prepared, having regard to the industry, business, financial conditions, plans and prospects of the Company and its business and properties. These projections are provided to describe the prospective performance of the Company's business and operations. Nevertheless, readers are cautioned that such information is highly subjective and should not be relied on as necessarily indicative of future results and that actual results may differ significantly from such projections. FOFI constitutes forward-looking statements and is subject to the same assumptions, uncertainties, risk factors and qualifications as set forth below.

Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements. Such uncertainties and factors include, among others, operational risks associated with mining and mineral processing; uncertainty relating to Mineral Resource and Mineral Reserve estimates; uncertainty relating to capital and operating costs, production schedules and economic returns; uncertainties related to new mining operations, including the possibility that actual capital and operating costs and economic returns will differ significantly from those estimated for such projects prior to production; risks relating to the Company’s ability to replace its Mineral Reserves; capital and currency controls in foreign jurisdictions; risks associated with mineral exploration and project development; uncertainty relating to the repatriation of funds as a result of currency controls; environmental matters including obtaining or renewing environmental permits and potential liability claims; uncertainty relating to nature and climate conditions; risks associated with political instability and changes to the regulations governing the Company’s business operations; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in countries in which the Company does or may carry on business, including relating to the newly elected government in Argentina; risks associated with war, hostilities or other conflicts, such as the Ukrainian – Russian conflict and the Israel – Hamas war, and the impact they may have on global economic activity; risks relating to the termination of the Company’s mining concessions in certain circumstances; developing and maintaining relationships with local communities and stakeholders; risks associated with losing control of public perception as a result of social media and other web-based applications; potential opposition to the Company’s exploration, development and operational activities; risks related to the Company’s ability to obtain adequate financing for planned exploration and development activities; property title matters; risks relating to the integration of businesses and assets acquired by the Company; assessment of the carrying value of the Company’s assets, including the ongoing potential for material impairment and/or write downs of such assets; risks associated with climate change legislation; reliance on key personnel; adequacy of insurance coverage; operational safety and security risks; legal proceedings and potential legal proceedings; uncertainties relating to general economic conditions; risks relating to a global pandemic, which could impact the Company’s business, operations, financial condition and share price; competition; fluctuations in metal prices; risks associated with entering into commodity forward and option contracts for base metals production; fluctuations in currency exchange rates and interest rates; tax audits and reassessments; risks related to hedging; uncertainty relating to concentrate treatment charges and transportation costs; sufficiency of monies allotted by the Company for land reclamation; risks associated with dependence upon information technology systems, which are subject to disruption, damage, failure and risks with implementation and integration; risks associated with climate change legislation; laws and regulations regarding the protection of the environment (including greenhouse gas emission reduction and other decarbonization requirements and the uncertainty surrounding the interpretation of omnibus Bill C-59 and the related amendments to the Competition Act (Canada); labor relations issues; that management’s preliminary estimate of the Company’s liquidity and net cash position as at December 31, 2025 will be consistent with the Company’s final and annual financial results; as well as those factors discussed under “Risk Factors” in the Company's Annual Information Form for the fiscal year ended December 31, 2024. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking Statements contained herein are based on the assumptions, beliefs, expectations and opinions of management, including, but not limited to, the accuracy of the Company’s current mineral resource and reserve estimates; that the Company’s activities will be conducted in accordance with the Company’s public statements and stated goals; exchange rate and annual inflation rate assumptions in respect of cash cost and AISC guidance; that there will be no material adverse change affecting the Company, its properties or its production estimates (which assume accuracy of projected ore grade, mining rates, recovery timing, and recovery rate estimates and may be impacted by unscheduled maintenance, labor and contractor availability and other operating or technical difficulties); the duration and effect of global and local inflation; the duration and impacts of geo-political uncertainties on the Company’s production, workforce, business, operations and financial condition; the expected trends in mineral prices, inflation and currency exchange rates; that all required approvals and permits will be obtained for the Company’s business and operations on acceptable terms; that there will be no significant disruptions affecting the Company's operations and such other assumptions as set out herein. Forward-looking Statements are made as of the date hereof and the Company disclaims any obligation to update any Forward-looking Statements, whether as a result of new information, future events, or results or otherwise, except as required by law. There can be no assurance that these Forward-looking Statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on Forward-looking Statements.

Cautionary Statement

The estimated liquidity and net cash position of the Company as at the end December 31, 2025, is preliminary financial information and has been prepared by management and remains subject to final review by the Company’s audit committee and approval by the Company’s board of directors. Such preliminary financial information as at December 31, 2025 is subject to the finalization and closing of our accounting books and records for the period and should not be viewed as a substitute for the annual financial statements prepared in accordance with accounting principles generally accepted under International Financial Reporting Standards (IFRS). The Company’s auditor has not audited the preliminary financial information contained in this news release, nor have they expressed any opinion or any other form of assurance on the preliminary financial information contained herein.

It is expected that Fortuna will release its financial statements and management’s discussion and analysis as at and for the three and twelve months ended December 31, 2025, as approved by its audit committee and board of directors, by the end of February 2026.

Cautionary Note to United States Investors Concerning Estimates of Reserves and Resources

Reserve and resource estimates included in this news release have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy, and Petroleum Definition Standards on Mineral Resources and Mineral Reserves. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for public disclosure by a Canadian company of scientific and technical information concerning mineral projects. Unless otherwise indicated, all mineral reserve and mineral resource estimates contained in the technical disclosure have been prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Reserves. Canadian standards, including NI 43-101, differ significantly from the requirements of the Securities and Exchange Commission, and mineral reserve and resource information included in this news release may not be comparable to similar information disclosed by U.S. companies.

Non-IFRS Financial Measures

This news release also refers to non-IFRS financial measures, including net cash, cash costs and all-in sustaining costs. These measures are not standardized financial measures under International Financial Reporting Standards (IFRS), the financial reporting framework used to prepare the financial statements of the Company and therefore may not be comparable to similar financial measures disclosed by other mining companies. These Non-IFRS Measures include net cash, cash costs and all-in sustaining cash costs.

Readers should refer to the “Non-IFRS Financial Measures” section in the Company’s 2024 MD&A, which section is incorporated herein by reference, for an explanation of these measures and reconciliations to the Company’s reported financial results in accordance with IFRS. The MD&A 2024 is available on SEDAR+ at www.sedarplus.ca.

Appendix

2026 cash cost and consolidated AISC guidance

Cash cost guidance ($/GEO)2026 GuidanceLindero975-1,140Caylloma1,440-1,590Séguéla735-815Consolidated cash cost895-1,000    AISC Guidance ($/GEO)2026 GuidanceLindero1,520-1,655Caylloma2,610-2,965Séguéla1,630-1,730Corporate G&A 138 Consolidated AISC1,830-1,975 Note:

Cash cost includes production cash cost and for Lindero, is net of copper by-product credit. AISC includes sustaining capital expenditures, worker’s participation (as applicable) commercial and government royalties mining tax, export duties (as applicable), subsidiary G&A and Brownfields exploration and is estimated at metal prices of $3,750/oz Au, $45.00/oz Ag, $1,940/t Pb, and $2,750/t Zn. AISC excludes government mining royalty recognized as income tax within the scope of IAS-12. PDF available: http://ml.globenewswire.com/Resource/Download/15d6122b-1c5a-4fc0-9cc3-110981938b1f

Certification Advances OMS’s Strategy to Expand Offerings and Strengthen Regional Leadership January 15, 2026 05:00 ET  | Source: OMS Energy Technologies Inc.

Singapore, Jan. 15, 2026 (GLOBE NEWSWIRE) -- OMS Energy Technologies Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, today announced its wholly-owned subsidiary, OMS Oilfield Services Arabia Ltd. (“OMS Saudi”), has been awarded the American Petroleum Institute’s (API) Specification 6A certification. This achievement extends OMS’s network of API Spec 6A-certified facilities, positioning the Company to capture new high-value contracts and expand its market share in one of the world’s most technically demanding upstream markets.

API Spec 6A is among the oil and gas industry’s most technically rigorous standards and a critical requirement for Middle Eastern oil producers when evaluating and approving suppliers and servicers of wellhead and Christmas tree equipment used in high-pressure drilling and production environments. Achieving this certification significantly enhances OMS Saudi’s appeal to major operators and increases revenue-generating opportunities across the region, verifying that its repair and maintenance practices meet the industry’s highest standards for quality, safety, and reliability.

OMS Saudi, OMS’s largest subsidiary, boasts a 15-year track record of technical excellence and manufacturing expertise, delivering premium equipment and responsive, locally integrated services to leading regional oilfield services companies. Supported by this new certification, OMS Saudi is well-positioned to convert its long-standing regional relationships and technical capabilities into expanded contracts and service agreements, driving long-term growth and shareholder value. OMS Saudi will leverage its innovation and engineering prowess to provide local operators with high-quality repair and maintenance services for surface wellhead and Christmas tree equipment.

OMS Saudi’s advanced machining and manufacturing facility

OMS Saudi technician operating large-diameter machining equipment

Testing and qualification area supporting OMS Saudi’s quality assurance processes

Mr. How Meng Hock, Chairman and Chief Executive Officer of OMS, commented, “Achieving API Spec 6A certification in Saudi Arabia is a testament to the strong technical capabilities and disciplined operational standards our team has built over many years. This milestone reinforces OMS Saudi’s ability to secure high-value contracts with leading oilfield services companies and enables us to expand our suite of engineered wellhead solutions and services in a key strategic market. Going forward, we will continue broadening our regional presence and diversifying our certification, product and service portfolios, accelerating the Company’s growth and delivering value to all of our stakeholders.”

While specialty connectors and pipes remain the Company’s largest segment, OMS Saudi’s expanding wellhead-related capabilities mark an important strategic step into higher-value engineered solutions. Combined with API Q1, 5CT, 5L, and 7-1 certifications, the API Spec 6A certification positions OMS Saudi as a premier, fully certified provider in the region, providing a strong foundation for product and service innovation, revenue growth and strategic partnerships aligned with Saudi Arabia’s “Made in KSA” initiative.

About OMS Energy Technologies Inc.

OMS Energy Technologies Inc. (NASDAQ: OMSE) is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. Serving both onshore and offshore exploration and production operators, OMS is a trusted engineered solutions supplier across six vital jurisdictions in the Asia Pacific, Middle Eastern and North African (MENA) regions. The Company’s 11 strategically located manufacturing facilities in key markets ensure rapid response times, customized technical solutions and seamless adaptation to evolving production and logistics needs. Beyond its core SWS and OCTG offerings, OMS also provides premium threading services to maximize operational efficiency for its customers.

For more information, please visit ir.omsos.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

OMS Energy Technologies Inc.
Investor Relations
Email: [email protected]

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: [email protected]

Nvidia is staffing up as it draws heightened scrutiny. These are the key leaders it gained and lost last year. By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Nvidia CEO Jensen Huang. Patrick T. Fallon / AFP via Getty Images 2026-01-15T10:00:03.865Z

Nvidia has added key marketing, policy, and HR executives over the past year. Several senior software acqui-hires came via startup deals. Executive turnover appeared to slow in 2025 compared to high-level departures in 2024. Nvidia has added high-profile names to its senior leadership and technical ranks over the past year, as the chipmaker reaches new levels of visibility and wealth.

Nvidia's latest major hire is its first chief marketing officer, Alison Wagonfeld, a veteran of Google Cloud. Over the past year, the company has also acqui-hired senior software leaders through startup deals, tapping its balance sheet to supercharge growth. It has also sought talent from outside the tech industry, including hires from government and academia.

Taken together, they underscore Nvidia's position as an AI chip designer expanding its software products, with added cybersecurity and marketing muscle to engage governments and large enterprise customers, alongside software and research executives to build the programs that run on its hallmark GPUs.

While 2024 saw the departure of key leaders, such as Keith Strier, Nvidia's former vice president of worldwide AI initiatives, and enterprise computing executive Manuvir Das, turnover at the top was more limited in 2025.

Nvidia did not respond to a request for comment from Business Insider.

Here's a list of key hires Nvidia has made since January 2025:Kristin Major, SVP of human resources

Kristin Major, senior vice president of human resources at Nvidia Business Wire/AP Kristin Major joined Nvidia as senior vice president of human resources last February, after spending over 13 years at Hewlett Packard Enterprise, where she held roles across the company's legal and HR departments. At Nvidia, Major serves on CEO Jensen Huang's executive leadership team, according to the executive search firm ON Partners.

Jiantao Jiao, director of research

Nexusflow cofounders Kurt Keutzer from the Berkeley AI Research (BAIR) Lab and Professor Jiantao Jiao, along with industry AI leader Jian Zhang. (Photo: Business Wire) Business Wire/AP Jiantao Jiao announced he was joining Nvidia in June. He works on AI post-training, evaluation, agents, and building better infrastructure, with the aim of fostering collaboration between academia and industry. Previously, he was the CEO and cofounder of Nexusflow AI, and he is a professor at the University of California, Berkeley.

Mark Weatherford, head of cybersecurity policy and strategic engagement

Mark Weatherford Business Wire/AP Mark Weatherford serves as Nvidia's head of cybersecurity policy and strategic engagement. Prior to joining Nvidia, he held several roles across the public and private sectors, including serving as the nation's first deputy undersecretary for cybersecurity at the Department of Homeland Security during the Obama administration.

Rochan Sankar, founder and CEO of EnfabricaRochan Sankar, the founder and CEO of AI startup Enfabrica, is joining Nvidia through a $900 million acqui-hire in September that also saw the chip giant license his startup's technology. Other employees at Enfabrica — which builds systems to cluster GPUs together for large AI workloads — also joined Nvidia as part of the deal.

Krysta Svore, vice president of applied research — quantum computingKrysta Svore joined Nvidia in November after nearly 20 years at Microsoft, where she served as VP of advanced quantum development. At Nvidia, she'll "lead applied research and engineering across the quantum stack," according to a LinkedIn post.

Danny Auble, senior director of system softwareLate last year, Nvidia acquired Danny Auble's startup SchedMD, which creates the open-source workload management software Slurm. Nvidia said it will keep Slurm open-source and continue to invest in the software. Auble serves as Nvidia's senior director of system software.

Jonathan Ross, chief software architect, and Sunny Madra, vice president of hardware

Jonathan Ross, the CEO of the AI chip company Groq AP Nvidia hired Groq founder Jonathan Ross and COO Sunny Madra in December, following a $20 billion deal to license its inferencing technology. The deal signaled a significant shift in the AI market from training to inference. Groq said in a press release that while some team members would join Nvidia, the company will continue to operate independently.

Alison Wagonfeld, chief marketing officer

Alison Wagonfeld, Nvidia's incoming chief marketing officer. Business Wire/AP Alison Wagonfeld, who served as Google Cloud's head of marketing for roughly a decade, joined Nvidia in January as its first-ever CMO. In "moving from one AI leader to another," Wagonfeld wrote on LinkedIn that she would join Huang's leadership team and head up marketing and communications at the company through "its next phase of growth."

Notable departures from Nvidia since 2025Dieter Fox, former senior director of robotics researchDieter Fox, Nvidia's former senior director of robotics research, left the company in June after roughly eight years to join Ai2, a nonprofit AI research institute. At the institute, Fox works on foundation models for robotics.

Minwoo Park, former vice presidentMinwoo Park, a vice president at Nvidia who worked on autonomous vehicle research, left the company this month to join Hyundai. At the automaker, Park will serve as head of the advanced vehicle platform division and CEO of its self-driving arm, 42dot, working on software-defined vehicles and autonomous driving software.

Ellen Ochoa and Rob Burgess, board members

Former President Joe Biden presents Ellen Ochoa, the first Hispanic woman in space and a former Nvidia board member, with a Presidential Medal of Freedom on May 3, 2024. Tom Williams/CQ-Roll Call, Inc via Getty Images Nvidia lost two board members in 2025. Ellen Ochoa, a veteran astronaut who served on the nominating and corporate governance committee, left for personal reasons in July, while Rob Burgess, a longtime tech executive, died in December.

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The Apple logo appears on a smartphone screen, and the Google logo displays as the background on a laptop computer screen in this photo illustration in Athens, Greece, on January 13, 2026. Apple and Google announce a multi-year strategic partnership under which Apple integrates Google's advanced Gemini AI models to power its upcoming Apple Intelligence features, including a major overhaul of the Siri voice assistant. The deal marks a rare collaboration between two longtime rivals in artificial intelligence and mobile technology. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images)

NurPhoto via Getty Images

In an unexpected yet sensible action revealed on January 12, 2026, Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) announced a long-term collaboration that integrates Google’s Gemini AI models into the next generation of Apple Foundation Models. This partnership will enhance a redesigned, more personalized Siri along with various Apple Intelligence functions set to launch later this year.

However, beyond product enhancements, a more significant concern for investors is this: how will this impact Apple’s $20 billion annual Google search agreement—which serves as a nearly pure profit revenue source for Apple? That contract has been a discreet cornerstone of Apple’s financial strength for years. While the Gemini alliance may bolster Apple’s AI capabilities in the immediate term, it also subtly alters the balance of power in Apple’s most profitable partnership.

Let’s clarify. For Google, this marks a significant victory. Gemini receives white-labeled access to Apple’s extensive user base of over two billion active devices, expanding its influence well beyond Android and solidifying its dominance in foundational AI. Following this announcement, Alphabet’s stock increased by over 1%, propelling its market cap beyond the $4 trillion threshold, surpassing Apple.

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A Shift in Authority

Apple’s historical edge has always been vertical integration. It controls the hardware, the silicon, the operating system, the services layer, and, crucially, the user experience.

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AI alters that balance.

By depending on Google’s Gemini as the foundational model layer, Apple is effectively outsourcing Siri’s intelligence to a direct rival. Google’s business model is intrinsically based on data collection. Although Apple will implement technical measures to protect user data, the perception of handling queries through a Google-driven engine may undermine consumer confidence for a business that has traditionally prioritized privacy and comprehensive control.

This collaboration also serves as an unspoken acknowledgment that Apple has fallen behind in the generative AI competition. Following ChatGPT’s surge in 2022, Apple’s more cautious, privacy-centric strategy resulted in delays with Siri and a subdued debut for Apple Intelligence. By licensing Gemini as the “most capable foundation,” Apple effectively admits it has not yet created a competitive frontier model internally, despite being the world’s leading consumer technology firm.

Relying on Google’s intellectual property for Siri’s capabilities introduces vendor risk. Apple must now adapt to Google’s advancements—Apple’s AI strategy is now partly contingent on Google’s goals, release timelines, and technical direction. Apple may also have to utilize Gemini versions that are behind Google’s internal state-of-the-art, which could lag behind Android/Pixel devices.

The $20 Billion Search Agreement In An AI Realm

Traditionally, Google compensated Apple for its presence on the iPhone. In the age of AI, this financial flow may eventually reverse, with Apple paying Google to maintain smart functionalities on its devices.

The Gemini partnership subtly repositions the power dynamics within their already profitable search arrangement. With Apple now depending on Google’s AI for fundamental ecosystem elements, renegotiating the default search status—which is already under antitrust examination—becomes increasingly complicated. Reports indicate that Apple may be spending over $1 billion annually for Gemini access. While this is minor compared to Google’s payments exceeding $20 billion, it effectively diminishes the net worth of the search agreement and could grant Alphabet heightened leverage in future discussions.

More generally, the value of conventional search itself is facing challenges. AI agents are increasingly bypassing search results entirely by directly responding, acting, and transacting. This structural change raises longer-term considerations regarding the sustainability of Google’s approximate $20 billion annual payments to Apple as search transitions from a query-driven model to an agent-oriented approach.

A Pathway to Apple’s Own Models

Despite the challenges, the agreement offers Apple strategic benefits. A Gemini-enhanced Siri could finally provide the intelligent, seamless experiences that iPhone users anticipate, aiding in retention and decreasing the likelihood of switching to competitors. This enhances Apple’s services ecosystem, which encompasses the App Store, Apple Music, and iCloud, by making devices more attractive through improved intelligence. Crucially, the agreement is non-exclusive and modifiable, framing it as a bridge rather than a capitulation. Apple is almost certainly working on its own in-house model, but the true test will be whether this collaboration simply buys time or deepens reliance on Google prior to that initiative being ready.

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Bausch Health Companies Inc. (BHC) 44th Annual J.P. Morgan Healthcare Conference January 14, 2026 6:45 PM EST

Company Participants

Thomas Appio - CEO & Director
Jonathan Sadeh - Executive VP, Chief Medical Officer and Head of R&D
Jean-Jacques Charhon - Executive VP & CFO

Presentation

Unknown Analyst

Hi all, and welcome to the session. My name is Arvind, and I'm an associate with JPMorgan, and I'm excited today to welcome Bausch Health. With us today we have Thomas Appio, CEO; JJ Charhon, CFO; and Jonathan Sadeh, CMO. As a reminder on format, this will be a 20-minute presentation followed by 20 minutes of Q&A. So please hold any questions until the end. Thank you.

Thomas Appio
CEO & Director

Thank you, and welcome this afternoon to the session to talk about Bausch Health. So since becoming the CEO, I saw an opportunity to redefine Bausch Health's future. So with the focus of the first thing I wanted to focus on was profitable growth both on the top line and the bottom line. The second thing was to improve the capital structure. So reduce debt and look at our maturity profile and give us some runway. Of course, as you all know, we refinanced $9.5 billion of debt in 2025. And lastly was to invest in our people, in our products and our processes. And as I take you through this presentation, you'll see what we've been able to accomplish in terms of building a team in terms of beginning to develop our portfolio of products for the future and clearly, our processes.

But before I begin, I'd like to note that today's presentation includes forward-looking statements, which are subject to risks and uncertainties. Actual results may differ materially. Please refer to our SEC filings for additional information.

With that, let me get

The company logo of CK Hutchison Holdings is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesDual Hong Kong, London listing aimed by midyear, sources sayTemasek seeks to exit 25% stake, sources sayWatson expanding in the Middle East, Southeast AsiaHONG KONG/SINGAPORE, Jan 15 (Reuters) - Hong Kong conglomerate CK Hutchison Holdings Ltd (0001.HK), opens new tab is seeking a valuation of around $30 billion for retail unit A.S. Watson Group's listings in Hong Kong and London as soon as the second quarter, two people with knowledge of the matter said.

CK Hutchison has started gauging investor interest for the float, one of the people said. The ports-to-telecoms group is seeking to complete the dual listing by the middle of the year, the other person said, adding that the timetable is fluid.

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Goldman Sachs and UBS are working on the planned IPO, the two sources said, declining to be named as the information is confidential. A.S. Watson could raise $2 billion in the IPO, according to previous media reports.

Singapore's Temasek, which holds a 25% stake in the health and beauty retailer, is seeking to exit its investment in the IPO, said the sources.

CK Hutchison and A.S. Watson did not immediately respond to requests for comment.

Temasek, Goldman Sachs and UBS declined to comment.

Established in 1841, A.S. Watson operates health and beauty retail chains including Watsons and Superdrug across Asia and Europe. It has more than 17,000 retail stores in 31 markets, its website shows.

In a press release on Thursday, A.S. Watson said it has more than 180 million loyalty members and plans to open about 1,000 new stores this year.

It has been expanding in newer markets such as the Middle East and also growing its presence in Southeast Asia, its websites showed.

Temasek invested about $5.7 billion in the company in 2014, which the two sources said valued it at around $22 billion. It attempted to sell the stake in 2019, but a deal did not materialise.

CK Hutchison was founded by Hong Kong billionaire Li Ka-shing. In its Thursday release, A.S. Watson said its fiscal 2024 revenue was $24 billion.

CK Hutchison's retail business, of which A.S. Watson is an anchor asset, reported HK$99 billion ($12.70 billion) in revenue for the first half of 2025, up 41% from a year earlier. The business' earnings before interest, taxes, depreciation and amortization reached HK$13 billion for the same period, up 19% from a year earlier.

The IPO plan comes as CK Hutchison weighs its strategic options, including spinning off units and listing them separately to extract more value. The group has been considering listing global telecommunications assets, Reuters reported in March last year.

It is also in the process of completing a $22.8 billion sale of its ports business to a consortium led by BlackRock (BLK.N), opens new tab and Italian Gianluigi Aponte's family-run shipping firm MSC.

The group engaged in talks to include a Chinese investor in the consortium after Beijing voiced security concerns about the sale.

($1 = 7.7978 Hong Kong dollars)

Reporting by Kane Wu in Hong Kong and Yantoultra Ngui in Singapore; Editing by Thomas Derpinghaus

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Kane Wu covers M&A, private equity, venture capital and investment banks in Asia. She tracks the region's most high-profile deals, fundraisings as well as investment trends amidst geopolitical, macroeconomic and regulatory changes. She was nominated for a SOPA Excellence in Business Reporting award for coverage of China regulatory crackdown in 2021. Prior to Reuters, she worked at the Wall Street Journal and also wrote about Asia's loan market for Thomson Reuters Basis Point. She is based in Hong Kong.

Yantoultra Ngui is the Southeast Asia Deals Correspondent of Reuters in Singapore, covering M&A and capital market activities in a region that is fast emerging as one of the world’s biggest economies. He previously was a reporter at Bloomberg and The Wall Street Journal (WSJ). Notably, he was part of WSJ's team that covered the financial scandal at Malaysian state fund 1MDB, and that won SOPA Excellence in Breaking News award for the coverage of the assassination of Kim Jong Nam, the half-brother of North Korea's leader Kim Jong Un, in Malaysia in 2018. Yantoultra graduated with an MBA in Finance from Universiti Putra Malaysia (UPM) in 2010.

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Chewy's fundamentals are improving, but competing against Amazon and Walmart isn't easy.

The good news for Chewy (CHWY 4.04%) investors is that people love their pets in both good and bad economies. The bad news for Chewy investors is that, despite having a profitable business with low customer churn, the stock has declined nearly 70% in the past five years.

There's also fierce competition for Chewy, as both Amazon and Walmart offer low-priced pet supplies and convenience through their online platforms as well.

So is now the time to buy Chewy, or should investors stay away?

Image source: Getty Images.

Chewy breeds loyalty For Chewy bulls, it is a market leader in e-commerce pet supplies, and its customers consistently rate the company highly for its convenience, service, and warm personal touches. In fact, Chewy sent me a lovely, handwritten card when my 14-year-old Labrador passed away a few years ago. That level of customer appreciation is rare to find these days, and it keeps people coming back.

The pet market itself has also grown substantially in recent years. In the U.S., the pet industry is currently valued at around $152 billion annually. This market is expected to grow with a compound annual growth rate (CAGR) of 6% through 2028, reaching $192 billion, according to Packaged Facts' U.S. Pet Market Outlook 2025-2026.

It's a dog-eat-dog world Despite this positive news, Chewy stock has struggled over the past few years. There are a few reasons for this. First, Chewy operates in a business environment characterized by thin margins and intense competition. Shipping is expensive, and Chewy is competing with the world's largest retailers, Amazon and Walmart, which offer aggressively low prices for pet supplies.

Packaged Facts also reports that Amazon leads the online pet market, capturing nearly half of all e-commerce sales in the category. Chewy is second at 41%, and Walmart is third at 33%.

Today's Change

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-4.04

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Current Price

$

32.07

Chewy's gross margin is just 29.8%, and its net margin is 1.9% as of its latest earnings release. These margins are a marked improvement from the prior year, when they were in the negative. Still, these numbers aren't impressive compared to other massive e-commerce businesses. Amazon's gross margin is around 50%.

Chewy's fundamentals are improving, however. In the third quarter of 2025, the pet supplier reported net sales of $3.12 billion, representing an 8.3% year-over-year increase. Chewy is also expanding into pet insurance, veterinary telehealth, and pet prescriptions. This should further strengthen its margins.

Pet owners love Autoship The real star of Chewy's business is its Autoship program. In Q3 2025, Chewy reported that 84% of its net sales could be attributed to the Autoship program. Autoship provides predictability in cash flow and customer retention.

Chewy needs to expand its footprint -- or, rather, its paw print -- outside the United States. If competitors continue to claw away at market share, Chewy's stock might not recover. Chewy also needs to continue to innovate to keep pace with its mega-competitors.

If you're bullish on Chewy, the company won't offer hyper-growth, but it is a solid business with steady long-term prospects in a vast industry. It's a low-risk stock, but also low-reward in the long run.

January 15, 2026 03:30 ET  | Source: Trident Resources Corp.

Vancouver, BC, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) (“Trident” or the “Company”) is pleased to announce the commencement of its 10,000 metre winter diamond drilling program at the Company’s Contact Lake Gold Project, located in the prolific La Ronge Gold Belt of northern Saskatchewan. The drill program has been designed to confirm historical gold mineralization, expand known gold zones, and test newly defined targets based on current geologic interpretations.

Trident’s Regional Project Location Map:
https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1

The 2026 winter drill program is an important follow-up to the recently concluded 2025 Contact Lake drill program, which successfully intersected high-grade gold intercepts and broad zones of alteration and gold mineralization. Previous to the 2025 drill program, the Contact Lake site had not been explored in nearly 30 years. Trident is excited to drill test several targets and realize the tremendous potential of one of the region’s most prospective gold projects.

Contact Lake Gold Property Map:
http://www.tridentresourcescorp.com/_resources/maps/contact-lake-property-map.jpg

Jon Wiesblatt, CEO of Trident Resources, commented: “Launching our winter drill program is an exciting step forward for Trident and our shareholders. This 10,000-metre program is designed to further test historical zones as well as to demonstrate the expansion potential of the gold system and make new discoveries. With gold mineralization identified historically and modern exploration techniques now being applied for the first time, we believe Contact Lake has the potential to become one of the more significant new gold projects in the La Ronge Gold Belt. Importantly, the winter drill program is fully-funded, with Trident holding more than $12 million in cash and marketable securities on its balance sheet, providing the Company with a strong financial position to execute on its exploration plans.”

Assay Results from Previously Reported Holes CL25001 to CL25013 Drill Hole # From (m) To (m) Width (m) Au (g/t) Gram-Metre (gm) CL25001 41.50 71.00 29.50 0.56 16.60 CL25002 39.26 68.87 29.61 2.49 73.85 including 39.26 41.47 2.21 27.09 59.87 CL25003 46.88 53.89 7.01 0.66 4.60 and 69.00 92.00 23.00 7.89 181.46 including 75.00 81.89 6.89 23.86 164.40 and 121.00 164.25 43.25 7.03 304.05 including 155.00 164.25 9.25 30.06 278.07 CL25004 157.45 159.51 2.06 8.37 17.25 CL25005 100.06 106.00 5.94 5.66 33.61 including 100.06 102.50 2.44 11.83 28.86 and 142.00 144.55 2.55 42.95 109.52 CL25006 272.00 287.00 15.00 7.28 109.27 Including 272.00 278.00 6.00 16.69 100.13 including 272.00 275.00 3.00 30.41 91.23 CL25007 329.50 369.00 39.50 4.43 174.84 including 329.50 345.00 15.50 5.76 89.26 Including 329.50 335.50 6.00 9.43 56.60 and 367.00 369.00 2.00 37.31 74.62 CL25008 139.00 145.00 6.00 7.41 44.44 and 155.00 156.35 1.35 6.27 8.46 and 268.00 273.00 5.00 7.74 38.69 and 313.58 316.50 2.92 6.07 17.72 CL25009 85.50 88.33 2.83 9.23 26.11 and 199.00 202.00 3.00 8.49 25.46 and 242.89 245.00 2.11 6.19 13.06 CL25010 188.50 195.28 6.78 4.23 28.71 including 192.00 195.28 3.28 6.72 22.05 CL25011 217.15 218.25 1.10 5.86 6.45 CL25012 133.00 136.37 3.37 2.97 10.01 and 194.00 199.50 5.50 1.76 9.68 including 194.00 195.40 1.40 5.56 7.78 CL25013 77.40 79.00 1.60 4.13 6.61 and 135.00 136.00 1.00 13.20 13.20 and 190.00 194.00 4.00 2.00 8.00 and 193.00 194.00 1.00 5.42 5.42 Program Overview:

The drill program will consist of an approximate 10,000 metres in up to 40 drill holes that will target high-priority zones identified through structural mapping, geophysical surveys, and reviews of historical data. Drilling is expected to take place on both land and ice-based locations at the Contact Lake target area, as well as several land-based holes at the adjacent Preview SW deposit. Drill program personnel and equipment are being mobilized to the Contact Lake project with drilling to begin shortly.

Contact Lake Drill Collar Location Map:
https://www.tridentresourcescorp.com/_resources/images/Contact-Lake-Gold-Property-20260114.png

Qualified Person:

The scientific and technical data contained in this news release was approved by Cornell McDowell, P.Geo., a non-independent “qualified person” under the National Instrument 43-101 Standards of Disclosure of Mineral Projects.

About Trident Resources Corp.:

Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX Venture Exchange focused on the acquisition, exploration and development of advanced-stage gold and copper exploration projects in Saskatchewan, Canada. The Company is advancing its 100% owned Contact Lake and Greywacke Lake projects which host significant historical gold resources located within the prospective and underexplored La Ronge Gold Belt, as well as the 100% owned Knife Lake copper project which contains a historical copper resource.

To find out more about Trident Resources Corp. (TSX-V: ROCK), visit the Company’s website at www.tridentresourcescorp.com

Trident Resources Corp.

Jonathan Wiesblatt, Chief Executive Officer
Email: [email protected]

For further information contact myself or:
Andrew J. Ramcharan, PhD, P.Eng., Corporate Communications

Trident Resources Corp.
Telephone: 647-309-5130
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email:

[email protected] NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Forward-Looking Information and Statements

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements.  Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedarplus.ca for further information.

Schroders PLC (LSE:SDR) shares rose 8.1% to 451.2p after the asset manager said profits for 2025 should exceed market expectations.

The FTSE 100 group said it expects adjusted operating profit of at least £745 million for the past financial year, up from £603.1 million in 2024.

Adjusted net operating income is predicted to top £2.6 billion, reflecting improved management and performance fees, carried interest, and market returns.

Operating expenses are anticipated to be broadly flat, resulting in a lower cost-income ratio of approximately 71%.

Assets under management, including joint ventures and associates, reached around £825 billion by year-end, up from £778.7 billion the year before, supported by positive investment performance, market growth, and net new business (NNB) of roughly £11 billion.

Public markets generated NNB of £3.9 billion, while the Schroders Capital private markets division contributed £4.5 billion, including around £0.5 billion from the Future Growth Capital joint venture with Phoenix Group Holdings PLC (LSE:PHNX).

Wealth management NNB totalled approximately £3.4 billion, with UK private client inflows within target, though some outflows were seen from charity clients.

In topping 451p, up over 33p on the day so far, the shares reached their highest level since the summer of 2023. 

Gold Prices Under Pressure Amid Strong US Economic Data and Fed Rate Pause Expectations As we mentioned, the gold price is under pressure as investors increasingly believe that the US central bank will keep interest rates unchanged for the next several months. This expectation has reduced demand for the precious metal and is one of the key reasons behind its recent weakness.

According to the US Bureau of Labor Statistics, the Unemployment Rate edged down to 4.4% in December, showing the labor market remains strong. In addition, data released on Wednesday showed that US producer prices rose slightly in November, while Retail Sales increased more than expected.

These signs of a resilient economy reduce the need for immediate rate cuts by the Federal Reserve, which continues to weigh on gold prices.

Gold Faces Pressure Ahead of US Jobless Claims Amid Geopolitical Tensions and Fed Rate Expectations Moving ahead, traders remain cautious ahead of the weekly US Initial Jobless Claims report due later on Thursday, which is expected to show claims rising to 215K, up from the previous 208K, reflecting a slight increase in jobless filings. Hence, the rising jobless claims usually signal a slightly weaker labor market, which can weaken the dollar slightly.

At the same time, geopolitical tensions are helping to limit deeper losses in the precious metal. The situation between the US and Iran has worsened after President Trump warned of possible action following a violent crackdown on protesters. The US has sent military forces, while Iran warned nearby countries not to support any attack. Trump also canceled meetings with Iranian officials, raising fears of more conflict.

Moreover, the ongoing worries about the Federal Reserve’s independence are also boosting uncertainty in the market. These issues are keeping people interested in gold, even though prices are under some short-term pressure. Gold demand remains steady despite these challenges.

Gold – Chart Gold price (XAU/USD) is trading near $4,603 after consolidating inside a rising price channel on the 4H chart. The precious metal is printing mixed candles with smaller candles near $4,640–$4,695 range. Gold’s price got rejected near the upper resistance zone but remains above the rising trendline and 50-period EMA, keeping the short-term structure constructive despite recent hesitation.

The mid-channel area aligns with the 38.2% Fibonacci retracement, acting as dynamic support for the precious metal. Immediate support sits at $4,571, which is followed by $4,520, where the rising lower trendline comes into play

The leading indicator, RSI, has eased from near 70 toward the mid-50s, signaling cooling momentum rather than a full trend reversal. From a trading perspective, a buy near $4,570 opens the door toward $4,690, with a stop placed below $4,520.

Silver (XAG/USD) Price Forecast: Technical Outlook

Oxford BioMedica PLC (LSE:OXB) shares climbed over 11% to 895p after revealing that it has received an unsolicited approach from Stockholm-listed investor EQT about a possible cash offer. 

A statement was issued by the board after markets closed on Wednesday to confirm recent press speculation and share price movement, which had seen the shares climb over 30% since the start of the year and over 15% on Wednesday.

"Preliminary discussions" are underway between the two parties, it said, "to explore whether a proposal can be made at a level that the board would be minded to recommend".

The discussions follow earlier unsolicited proposals from EQT regarding a possible acquisition, which the OXB board said it rejected them on the basis that they undervalued OXB and its prospects.

While it has now decided to enter talks, the company stressed that there is no certainty that any firm offer will be made.

EQT's put-up-or-shut-up deadline is 5pm on 11 February.

Swedbank logo is seen in this illustration taken December 3, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

STOCKHOLM, Jan 15 (Reuters) - Shares in Swedbank (SWEDa.ST), opens new tab rose sharply on Thursday after the U.S. Department of Justice ended its investigation into money laundering in the Baltics without issuing ​a fine, removing the biggest legal threat the bank had ‌faced in years.

Shares in Swedbank rose 5% at the opening on Thursday after the Swedish lender said in a statement on Wednesday that it had been informed that the investigation had ended.

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The DOJ has not said why it closed the investigation.

The ‌DOJ probe was the most serious part of Swedbank’s legal ​troubles tied to the massive Baltic money-laundering scandal that first erupted at Danske Bank. Analysts had expected Swedbank might face a hefty U.S. penalty, ‍with Citi estimating a 6 billion Swedish crown ($651.69 million) fine in 2026.

"We therefore view the conclusion – and the lack of a fine - as an unambiguous positive," Citi said.

The Securities ⁠and Exchange Commission closed its investigation into the same matter last year, without ‍issuing any fine.

The bank was caught up in a regional money laundering scandal originating with ‌Danske ‌Bank (DANSKE.CO), opens new tab, which said in 2018 that 200 billion euros ($232.90 billion) of suspicious funds moved through its Estonia branch between 2007 and 2015.

The scandal sent the Swedbank share tumbling by a third in 2020 and CEO Birgitte Bonnesen, ⁠who led the bank ⁠between 2016 and ​2019, was found guilty of gross fraud in 2024 over misleading statements and sentenced to 15 months in prison, although her case is now on appeal to the ‍Supreme Court.

Sweden's financial watchdog hit Swedbank with a then-record fine of 4 billion crowns in 2020 for serious deficiencies in its anti-money-laundering work.

A third investigation by the Department of ​Financial Services in New York is still ‍ongoing.

"They have not been the agency from which investors expect the majority of penalties," Citi said ​in the note.

($1 = 9.2068 Swedish crowns)

Reporting by Johan Ahlander, Editing by Louise Heavens

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PRESS RELEASE                                        

Share Buyback Transaction Details January 8 – January 14, 2026

Alphen aan den Rijn – January 15, 2026 - Wolters Kluwer (Euronext: WKL), a global leader in professional information solutions, software and services, today reports that it has repurchased 149,912 of its own ordinary shares in the period from January 8, 2026, up to and including January 14, 2026, for €13.5 million and at an average share price of €89.83.

These repurchases are part of the share buyback program announced on November 5, 2025, under which we intend to repurchase shares for up to € 200 million from November 6, 2025, up to February 23, 2026.

The cumulative amounts repurchased in the year to date are as follows:

Share Buyback 2026

PeriodCumulative shares repurchased in period Total consideration
(€ million)Average share price
(€)2026 to date 269,92524.389.85 For the period starting November 6, 2025, up to and including February 23, 2026, we have engaged a third party to execute €200 million of buybacks on our behalf, within the limits of relevant laws and regulations (in particular Regulation (EU) 596/2014) and the company’s Articles of Association.

Shares repurchased are added to and held as treasury shares and will be used for capital reduction purposes through share cancelation.

Further information is available on our website:

Download the share buyback transactions excel sheet for detailed individual transaction information.Weekly reports on the progress of our share repurchases.Overview of share buyback programs. For more information about Wolters Kluwer, please visit: www.wolterskluwer.com.

###

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information solutions, software and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,900 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX, Euro Stoxx 50 and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram.

MediaInvestors/AnalystsStefan KloetMeg GeldensAssociate DirectorVice PresidentGlobal CommunicationsInvestor Relations  [email protected]@wolterskluwer.com Forward-looking Statements and Other Important Legal Information
This report contains forward-looking statements. These statements may be identified by words such as “expect”, “should”, “could”, “shall” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; conditions created by pandemics; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Elements of this press release contain or may contain inside information about Wolters Kluwer within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014/EU). Trademarks referenced are owned by Wolters Kluwer N.V. and its subsidiaries and may be registered in various countries.

2026.01.15 Share Buyback Transactions Jan 8 - Jan 14 2026

Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company"), at the request of the TSX Venture Exchange (the "TSXV"), announces a previous engagement with HoldCo Markets Advisory Inc. ("HCM") pursuant to the terms of an investor relations services agreement entered between the Company and HCM dated January 24, 2025 (the "HCM Agreement") pursuant to which HCM agreed to provide the Company with research and coverage reports on the Company and its peers, and information distribution and social media services (collectively, the "Services") for a one-year term from January 24, 2025 (the "Effective Date") until January 24, 2026 (the "Term").

HCM is a Canadian company focused on specialized investment management for the junior/mid-cap metals and mining sector. Through in-house research and by leveraging its global network, HCM provides research exposure to companies who do not have the benefit of institutional coverage.

Under the terms of the HCM Agreement, the Company paid HCM a total cash fee of $33,600 (plus applicable taxes) (the "Service Fee") during the Term of the HCM Agreement, paid in four (4) equal quarterly instalments commencing on the Effective Date.

The Company elected to terminate the HCM Agreement on September 18, 2025, resulting in the Company paying the remainder of the final quarterly installment of the Service Fee on the date of termination. The Company has no present intention to engage HCM for any future services. The HCM Agreement did not receive the approval of the TSXV prior to its termination by the Company.

There were no performance factors contained in the HCM Agreement, and HCM did not receive any securities of the Company as compensation for the Services provided to the Company pursuant to the HCM Agreement. HCM is arm's length to the Company, and, to the knowledge of the Company, neither HCM, nor any of its principals, have any present equity interest in the Company's securities, directly or indirectly, or any right to acquire any equity interest of the Company, other than 166,667 common shares of the Company ("Common Shares") and 83,333 Common Share purchase warrants of the Company ("Warrants") held by the sole principal of HCM. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.50 per Common Share until March 7, 2027.

The principal of HCM acquired the aforementioned Common Shares and Warrants of the Company on December 24, 2024 by way of participation in the private placement offering (the "Offering") of subscription receipts ("Subscription Receipts") of Shift Rare Metals Inc. ("Shift") at a price of $0.30 per Subscription Receipt. The Offering was conducted in connection with a reverse-takeover transaction pursuant to which the Company (then Valleyview Resources Ltd.) acquired all of the issued and outstanding shares of Shift by way of a three-cornered amalgamation which closed on March 7, 2025.

The Company did not disclose the existence and terms of the HCM Agreement in its Filing Statement dated February 28, 2025, as at the date of the Filing Statement, the Company did not consider the HCM Agreement to be material in nature and was not aware that the services provided by HCM constituted Investor Relations Activities (as defined under TSXV Policy 1.1 - Interpretation). In addition, the participation by the principal of HCM in the Offering in close proximity to the receipt by HCM of the Service Fee as consideration for the provision of the Services to the Company under the HCM Agreement is not acceptable pursuant to the policies of the TSXV. The Company is committed to compliance with the policies of the TSXV in the future.

About Homeland Uranium Corp.

Homeland is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is the 100% owner of the Coyote Basin and Cross Bones uranium projects in northwestern Colorado.

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 news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280469

Source: Homeland Uranium Corp.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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BBVA logo is seen in this illustration taken December 3, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

CompaniesDUBAI, Jan 15 (Reuters) - United Arab Emirates climate fund ALTERRA is planning to launch a $1.2 billion co-investment vehicle with Spanish lender BBVA (BBVA.MC), opens new tab to finance climate-aligned investment globally across infrastructure, private equity and private credit, the two firms said on Thursday.

BBVA has committed $250 million as a proposed strategic LP to the new vehicle, which was dubbed ALTERRA Opportunity Fund, they said in a joint statement.

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The fund will invest in climate investments across energy transition, industrial decarbonization, climate tech and sustainable living, focusing on geographies including North America, Latin America and Europe as well as "other growth markets," they said without providing further details.

ALTERRA, set up in 2023 by the UAE with $30 billion, aims to mobilize $250 billion globally by 2030. It has so far invested mostly through climate and transition funds run by leading global investment firms BlackRock <BLK.N, opens new tab, Brookfield <BN.TO, opens new tab, and TPG <TPG.O, opens new tab.

"The initiative accelerates ALTERRA’s ambition to mobilize third-party capital at scale and expand its global network of institutional collaborators," the two firms said in the statement.

Once launched and approved, the fund will be domiciled in Abu Dhabi's financial centre ADGM. It will consolidate existing co-investments from ALTERRA Acceleration Fund into a dedicated structure managed by the Emirati company.

Reporting by Federico Maccioni, editing by Alexandra Hudson

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LONDON--(BUSINESS WIRE)--The sports economy is projected to reach $8.8 trillion in annual revenue by 2050, yet rising physical inactivity and escalating climate and nature risks threaten up to $517 billion of this revenue by 2030. Without coordinated multistakeholder action, potential losses could increase to as much as $1.6 trillion by 2050. This is according to Oliver Wyman, a global leader in management consulting and a business of Marsh (NYSE: MRSH), which today released Sports for People a.

Alvin Lang Jan 15, 2026 07:39

MATIC price prediction shows potential recovery to $0.45-$0.52 range as Polygon trades at oversold $0.38 levels, though bearish momentum persists near critical support.

MATIC Price Prediction Summary • Short-term target (1 week): $0.40-$0.42
• Medium-term forecast (1 month): $0.45-$0.52 range
• Bullish breakout level: $0.43 (SMA 20 resistance) • Critical support: $0.31 (Bollinger Band lower boundary)

What Crypto Analysts Are Saying About Polygon Recent analyst coverage for MATIC remains limited, though Caroline Bishop provided a notable Polygon forecast on January 13, 2026, stating: "Polygon (MATIC) eyes $0.45-$0.52 recovery within 4-6 weeks as technical indicators show oversold conditions at $0.38, though bearish momentum persists near critical support levels."

This MATIC price prediction aligns with current technical conditions showing oversold territory. According to on-chain data platforms, Polygon's trading metrics suggest the token is approaching potential reversal zones despite persistent selling pressure.

MATIC Technical Analysis Breakdown Polygon currently trades at $0.38, showing minimal movement with a -0.29% decline over the past 24 hours. The technical picture presents mixed signals for this MATIC price prediction analysis.

RSI Analysis: At 38.00, Polygon's RSI sits in neutral territory but approaches oversold conditions below 30. This positioning suggests potential buying opportunities may emerge if the RSI drops further.

Moving Average Structure: MATIC trades significantly below all major moving averages, with the 7-day SMA at $0.37 providing minimal support. The 20-day SMA at $0.43 represents immediate resistance, while the 200-day SMA at $0.69 highlights the substantial distance from long-term trend levels.

MACD Momentum: The MACD histogram at -0.0000 indicates bearish momentum has largely stalled, though the negative reading suggests sellers remain in control. The convergence between MACD and signal lines may signal an impending directional move.

Bollinger Band Position: With MATIC at 0.29 relative to the Bollinger Bands, the token trades closer to the lower band ($0.31) than the upper band ($0.56). This positioning often precedes mean reversion moves toward the middle band at $0.43.

Polygon Price Targets: Bull vs Bear Case Bullish Scenario The optimistic MATIC price prediction scenario targets the $0.45-$0.52 range within 4-6 weeks. Key resistance levels include the 20-day SMA at $0.43, followed by the 50-day SMA at $0.45. A break above $0.43 could trigger momentum toward the Bollinger Band upper boundary at $0.56.

Technical confirmation for the bullish Polygon forecast would require RSI recovery above 45, MACD histogram turning positive, and sustained volume above the current $1.07 million daily average.

Bearish Scenario Downside risks center on the Bollinger Band lower boundary at $0.31. A break below this level could expose MATIC to further declines toward psychological support at $0.30. The bearish case gains strength if RSI drops below 30 and MACD divergence increases.

Risk factors include continued selling pressure near current levels and failure to reclaim the 7-day SMA at $0.37 as support.

Should You Buy MATIC? Entry Strategy Based on current technical levels, potential entry points for MATIC include:

Conservative Entry: Wait for a test of the $0.31 Bollinger Band support with RSI oversold confirmation below 30.

Aggressive Entry: Current levels around $0.38 offer reasonable risk-reward if paired with tight stop-losses below $0.31.

Stop-Loss Recommendations: Place stops 5-8% below entry points, with critical levels at $0.31 for conservative positions and $0.35 for aggressive entries.

Risk Management: Given the 14-day ATR of $0.02, position sizes should account for potential 5-6% daily moves in either direction.

Conclusion This MATIC price prediction suggests a cautiously optimistic outlook for Polygon over the coming 4-6 weeks. While current oversold conditions at $0.38 may provide buying opportunities, the bearish momentum structure requires careful risk management.

The Polygon forecast of $0.45-$0.52 appears achievable given historical mean reversion patterns, though traders should monitor the $0.43 resistance level for confirmation of bullish intent. The technical setup favors patient accumulation near support levels rather than aggressive buying at current prices.

Confidence Level: Moderate (60%) - based on oversold conditions and analyst targets, though broader market conditions and volume confirmation remain critical variables.

Disclaimer: Cryptocurrency price predictions are speculative and subject to high volatility. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before trading.

Image source: Shutterstock

matic price analysis matic price prediction

Peter Zhang Jan 15, 2026 07:57

LINK trades at $13.93 with bullish MACD momentum suggesting potential rally to $15.50-$16.50 range over next 4-6 weeks as technical indicators align for upward movement.

LINK Price Prediction Summary • Short-term target (1 week): $15.20 • Medium-term forecast (1 month): $15.50-$16.50 range
• Bullish breakout level: $14.69 • Critical support: $13.35

What Crypto Analysts Are Saying About Chainlink While specific analyst predictions from major KOLs are limited in recent days, institutional analysis provides valuable insights into Chainlink's trajectory. According to Blockchain.News analysis from January 10, 2026, "Technical indicators suggest Chainlink could rally 18% to $15.50 within weeks, though immediate resistance at $13.61 must break first for bullish confirmation."

Earlier this month, the same publication noted in their January 6 Chainlink forecast that "LINK price prediction points to $16.50 target within 4-6 weeks as MACD momentum turns bullish and price trades above key moving averages despite mixed analyst forecasts."

On-chain data from major analytics platforms suggests growing institutional interest, though specific KOL sentiment remains neutral as most major crypto analysts have not issued updated LINK price predictions in the past 24 hours.

LINK Technical Analysis Breakdown Chainlink's current technical setup at $13.93 presents a compelling picture for potential upside. The RSI sits at 59.19, firmly in neutral territory with room to climb before reaching overbought conditions. This positioning suggests LINK has momentum capacity for further gains without immediate technical exhaustion.

The MACD indicator shows bullish momentum with the histogram at 0.0000, indicating the potential start of a new bullish cycle. When combined with LINK's position at 0.81 on the Bollinger Bands scale, the token is approaching upper band resistance at $14.38, which often precedes either a breakout or temporary pullback.

Key moving averages paint a mixed but improving picture. LINK trades above its 7-day SMA ($13.52), 20-day SMA ($13.19), and 50-day SMA ($13.15), indicating short to medium-term bullish sentiment. However, the token remains below its 200-day SMA at $17.59, suggesting the long-term trend requires further confirmation.

Critical resistance levels emerge at $14.31 (immediate) and $14.69 (strong), while support holds at $13.64 (immediate) and $13.35 (strong). The daily ATR of $0.57 indicates moderate volatility, providing traders with reasonable risk management parameters.

Chainlink Price Targets: Bull vs Bear Case Bullish Scenario In the bullish case for this LINK price prediction, a break above the strong resistance at $14.69 could trigger the rally toward $15.50-$16.50 that recent institutional analysis suggests. The 18% upside target to $15.50 aligns with technical projections based on current momentum indicators.

For bullish confirmation, LINK needs to establish daily closes above $14.31 with volume expansion. A sustained move above the Bollinger Band upper boundary at $14.38 could signal the beginning of a momentum-driven rally, particularly if accompanied by RSI pushing toward 70 without immediately becoming overbought.

The $16.50 target represents a more aggressive bullish scenario requiring sustained buying pressure and broader crypto market support. This level would need breakthrough of multiple resistance zones and represents nearly an 18% gain from current levels.

Bearish Scenario The bearish case for Chainlink involves a breakdown below the immediate support at $13.64, which could trigger selling toward the strong support at $13.35. A break of this level would likely target the lower Bollinger Band around $11.99, representing significant downside risk.

Key bearish signals would include RSI dropping below 50, MACD turning decisively negative, and failure to maintain positions above the 20-day SMA. The distance to the 200-day SMA at $17.59 also highlights the substantial gap that needs closing for long-term bullish confirmation.

Risk factors include broader crypto market weakness, regulatory concerns affecting oracle networks, or technical breakdown below established support levels.

Should You Buy LINK? Entry Strategy Based on current technical analysis, potential entry points for LINK emerge around $13.75-$13.93 for aggressive traders willing to risk a move below current support levels. More conservative entries might wait for a pullback to the $13.35-$13.50 range, providing better risk-reward ratios.

Stop-loss levels should be placed below $13.35 for swing trades, representing roughly a 3-4% downside from current levels. This positioning provides protection while allowing room for normal price fluctuations within LINK's daily ATR of $0.57.

For position sizing, consider the moderate volatility environment and potential for both $15.50 upside targets and $13.35 downside risks. Risk management becomes crucial given the proximity to both key support and resistance levels.

Conclusion This LINK price prediction suggests moderate bullish potential over the next 4-6 weeks, with technical indicators supporting the $15.50-$16.50 target range identified by recent institutional analysis. The neutral RSI, bullish MACD momentum, and position above key short-term moving averages create a foundation for potential upward movement.

However, traders should remain aware that cryptocurrency price predictions carry significant uncertainty, and past performance does not guarantee future results. The gap to the 200-day moving average and broader market conditions could impact LINK's ability to achieve projected targets.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry substantial risk, and all price predictions are speculative in nature.

Image source: Shutterstock

link price analysis link price prediction

Rebeca Moen Jan 15, 2026 08:03

UNI price prediction shows potential recovery to $6.29 if current support at $5.30 holds. Technical analysis reveals neutral RSI with critical breakout levels ahead for Uniswap.

Uniswap (UNI) is currently trading at $5.50, down 4.53% in the past 24 hours as the decentralized exchange token continues to consolidate within a defined range. With technical indicators showing mixed signals and key support levels being tested, this UNI price prediction examines potential scenarios for the coming weeks.

UNI Price Prediction Summary • Short-term target (1 week): $5.85 • Medium-term forecast (1 month): $5.40-$6.29 range • Bullish breakout level: $6.28 (Upper Bollinger Band) • Critical support: $5.30

What Crypto Analysts Are Saying About Uniswap Recent analyst predictions from the past week have shown cautious optimism for UNI's trajectory. Peter Zhang noted on January 9 that "UNI price prediction shows bearish momentum at $5.40 with RSI at 41.60. Technical analysis suggests potential bounce to $6.29 upper Bollinger Band if $5.30 support holds through January," setting a target of $6.29.

Rebeca Moen provided a comprehensive Uniswap forecast on January 11, stating: "UNI Price Prediction Summary: Short-term target (1 week): $5.85; Medium-term forecast (1 month): $5.40-$6.29 range; Bullish breakout level: $6.26 (upper Bollinger Band); Critical support: $5.40."

Ted Hisokawa echoed similar sentiment on January 10, noting that "UNI price prediction shows potential recovery to $6.29 if current support at $5.30 holds. Technical analysis reveals neutral RSI at 43.79 with critical levels ahead."

These analyst predictions align with current technical levels, suggesting the $5.30-$5.40 zone represents crucial support for any meaningful recovery.

UNI Technical Analysis Breakdown The current technical picture for UNI presents a mixed outlook with several key indicators to monitor:

RSI Analysis: At 44.89, UNI's RSI sits firmly in neutral territory, indicating neither overbought nor oversold conditions. This neutral reading suggests the token has room to move in either direction based on market sentiment and volume.

MACD Signals: The MACD histogram shows -0.0000, indicating bearish momentum has essentially stalled. While the MACD line sits at -0.0773, the convergence toward zero suggests potential for momentum shifts.

Bollinger Bands Position: UNI is currently positioned at 0.23 within the Bollinger Bands, closer to the lower band ($5.27) than the upper band ($6.28). This positioning typically indicates oversold conditions in a ranging market.

Moving Average Analysis: The token trades below most significant moving averages, with the 7-day SMA at $5.53 providing immediate resistance. The 200-day SMA at $7.74 remains significantly overhead, highlighting the longer-term downtrend.

Volume Profile: With 24-hour volume of $25.4 million on Binance, UNI shows decent liquidity, though volume remains below levels typically seen during major breakout moves.

Uniswap Price Targets: Bull vs Bear Case Bullish Scenario In an optimistic scenario, UNI could target the $6.28-$6.29 zone, representing the upper Bollinger Band and analyst consensus target. Key technical confirmations needed include:

Break above immediate resistance at $5.75 (20-day SMA level) RSI climbing above 50 to confirm bullish momentum MACD histogram turning positive Volume expansion above $40 million daily average If these conditions align, the next major resistance sits around $6.00, with the upper Bollinger Band near $6.28 representing the primary upside target for February.

Bearish Scenario Should UNI break below the critical $5.30 support level identified by analysts, downside targets include:

Immediate support at $5.20 (strong support level) Lower Bollinger Band at $5.27 acting as dynamic support Psychological support near $5.00 if broader selling pressure emerges Risk factors include broader crypto market weakness, reduced DeFi activity, and failure to hold above the $5.30-$5.40 support zone that multiple analysts have identified as crucial.

Should You Buy UNI? Entry Strategy Based on current technical analysis, potential entry strategies include:

Conservative Approach: Wait for a clear break above $5.75 with volume confirmation before entering long positions. This would signal a move toward the upper Bollinger Band target.

Support Play: Consider scaled entries near the $5.30-$5.35 support zone with tight stop-losses below $5.20. This approach capitalizes on potential bounces from analyst-identified support levels.

Stop-Loss Management: Conservative stop-losses should be placed below $5.20, representing a break of strong support. More aggressive traders might use $5.30 as their risk level.

Risk management remains crucial given UNI's position below key moving averages and the broader uncertainty in DeFi markets.

Conclusion This UNI price prediction suggests a cautiously optimistic outlook with potential upside to $6.29 if current support levels hold. The Uniswap forecast aligns with analyst consensus around the $5.85 short-term target, contingent on maintaining support above $5.30.

Technical indicators show UNI in a neutral-to-slightly-bearish state, with the token requiring volume expansion and momentum confirmation to achieve analyst targets. While the risk-reward appears favorable for patient investors near current levels, traders should monitor the critical $5.30 support zone closely.

Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments carry substantial risk, and prices can be highly volatile. Always conduct your own research and consider your risk tolerance before making investment decisions.

Image source: Shutterstock

uni price analysis uni price prediction

Darius Baruo Jan 15, 2026 08:15

Cosmos (ATOM) shows neutral momentum at $2.54 with technical indicators suggesting potential upside to $2.75 range. RSI at 60.8 indicates room for growth while key resistance looms at $2.74.

ATOM Price Prediction Summary • Short-term target (1 week): $2.75 • Medium-term forecast (1 month): $2.45–$2.80 range
• Bullish breakout level: $2.74 • Critical support: $2.42

What Crypto Analysts Are Saying About Cosmos Recent analyst predictions for ATOM have shown cautious optimism. According to verified reports from January 10-14, 2026, multiple analysts have identified similar upside targets for Cosmos.

Jessie A Ellis noted on January 10 that "Cosmos (ATOM) shows bullish momentum with RSI at 68.78 and price trading near upper Bollinger Band resistance. Technical analysis suggests potential breakout to $2.65–$2.80 range."

Joerg Hiller provided analysis on January 13, stating that "ATOM approaches key $2.67 resistance with RSI at 64.09. Technical analysis suggests potential breakout to $2.75–$2.80 range if bulls maintain momentum above current levels."

Most recently, Lawrence Jengar outlined specific targets on January 14: "Short-term target (1 week): $2.75. Medium-term forecast (1 month): $2.45–$2.80 range. Bullish breakout level: $2.79. Critical support: $2.45."

The consensus among these analysts points to potential upside in the $2.75-$2.80 range, aligning with current technical resistance levels.

ATOM Technical Analysis Breakdown Current technical indicators present a mixed but leaning bullish picture for the Cosmos forecast. At $2.54, ATOM is trading above its shorter-term moving averages, with the 7-day SMA at $2.57 and 20-day SMA at $2.33, indicating recent upward momentum.

The RSI reading of 60.80 sits in neutral territory, suggesting neither overbought nor oversold conditions. This provides room for potential upward movement without immediate concern of a reversal from extreme levels.

The MACD histogram shows 0.0000, indicating bearish momentum in the very short term. However, the Stochastic indicators show %K at 76.18 and %D at 60.94, suggesting the asset may be approaching overbought territory but hasn't reached extreme levels yet.

Bollinger Band analysis reveals ATOM trading at position 0.72, meaning it's positioned closer to the upper band ($2.81) than the lower band ($1.85). This positioning suggests strong recent momentum while approaching potential resistance.

Key trading levels show immediate resistance at $2.64 and strong resistance at $2.74, which aligns closely with analyst predictions. Support levels are identified at $2.48 (immediate) and $2.42 (strong support).

Cosmos Price Targets: Bull vs Bear Case Bullish Scenario In the bullish case for this ATOM price prediction, a break above the immediate resistance at $2.64 would likely trigger movement toward the strong resistance at $2.74. Successfully clearing this level could propel ATOM toward the $2.75-$2.80 range identified by multiple analysts.

The bullish scenario requires RSI to maintain above 50 while avoiding extreme overbought levels above 80. Additionally, the MACD would need to turn positive, confirming renewed bullish momentum. Volume expansion above the current 24-hour average of $4.34 million would provide additional confirmation.

A sustained move above $2.74 with strong volume could target the upper Bollinger Band at $2.81, potentially extending to the $2.85-$2.90 range if broader crypto market conditions remain supportive.

Bearish Scenario The bearish scenario would unfold if ATOM fails to hold above the immediate support at $2.48. A break below this level could trigger selling toward the strong support at $2.42, which aligns with analyst-identified critical support levels.

Further weakness could see ATOM test the 20-day moving average at $2.33, and in an extreme scenario, the 50-day moving average at $2.23. The lower Bollinger Band at $1.85 represents a significant downside target if broader market conditions deteriorate.

Risk factors include Bitcoin weakness, overall crypto market volatility, and potential regulatory concerns affecting the broader Cosmos ecosystem.

Should You Buy ATOM? Entry Strategy Based on current technical levels, potential entry points for this Cosmos forecast include a pullback to the $2.48 support level for aggressive buyers, or a breakout above $2.64 resistance for momentum traders.

Conservative investors might wait for a test of the 20-day moving average around $2.33, which would offer a more favorable risk-reward ratio. Any entry should include a stop-loss below the strong support at $2.42 to limit downside risk.

Position sizing should account for ATOM's daily ATR of $0.14, indicating moderate volatility. Risk management suggests limiting individual position size to 2-3% of total portfolio value given the inherent volatility of cryptocurrency markets.

Conclusion This ATOM price prediction suggests moderate upside potential to the $2.75 range over the next week, with longer-term targets in the $2.45-$2.80 range. Technical indicators show neutral to slightly bullish momentum, while analyst consensus supports upside targets around current resistance levels.

The probability of reaching $2.75 appears moderate at approximately 60-65%, contingent on broader crypto market stability and successful navigation of immediate resistance levels. However, cryptocurrency price predictions remain highly speculative, and investors should conduct their own research and consider their risk tolerance before making investment decisions.

Disclaimer: Cryptocurrency investments carry significant risk, and past performance does not guarantee future results. This analysis is for informational purposes only and should not be considered financial advice.

Image source: Shutterstock

atom price analysis atom price prediction

Multiple teams at MANTRA are affected by layoffs after a turbulent year.

MANTRA founder and CEO John Patrick Mullin announced a significant restructuring at the company. In a post on X, Mullin confirmed that the company behind the real-world asset-focused Layer 1 blockchain will cut staff across multiple teams as it seeks to reset its cost structure after “the most challenging year” in the firm’s history.

The decision to reduce headcount followed months of internal deliberation and came after efforts to curb spending and streamline operations proved insufficient to match near-term market realities. As per the announcement, the layoffs will affect teams across the organization, including business development, marketing, human resources, and other support functions, among the hardest hit.

Mass Layoffs for “Leaner” MANTRA Mullin said the staff reductions were not a reflection of individual performance, while describing those impacted as talented contributors who helped build the ecosystem. The exec added that the Layer 1 blockchain had expanded aggressively throughout 2024 and into the first quarter of 2025 in an attempt to scale quickly within the RWA tokenization sector, investing heavily in its blockchain infrastructure, ecosystem development, and go-to-market efforts.

However, a combination of factors, such as the long crypto market downturn, intense competition, and “unfortunate and unfair” events in April 2025, left the company with a cost base that was no longer sustainable. As a result, management concluded that deeper cuts were necessary to preserve runway and refocus the business.

Mullin said the restructuring is intended to make MANTRA significantly “leaner” this year. This is expected to allow the company to concentrate resources on a narrower set of high-priority initiatives while executing with greater discipline.

“I take full accountability for these decisions and for the path that led us here. I know this is an incredibly challenging situation, particularly for those directly impacted, for their families, and for everyone at MANTRA. I’m especially sorry to those leaving us.”

OM Token Crash MANTRA’s struggles trace back to April 2025, when its native token OM plummeted nearly 90% in a single day. The event triggered massive liquidations and investor panic. In response, Mullin pledged to burn the team’s 300 million OM tokens. This move was aimed at restoring trust.

The burn was executed in late April, which permanently reduced the circulating supply, lowered staking ratios, and sought to stabilize the ecosystem amid intense scrutiny over alleged insider activity and governance concerns.

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Bitcoin, ether, solana and XRP spot ETFs all posted net inflows on Wednesday, led by the strongest day for bitcoin funds in months.

TLDR: Whale wallets holding 10 to 10,000 BTC accumulated 32,693 coins since January 10, marking a 0.24% increase. Retail investors holding less than 0.01 BTC dumped 149 coins during the same period, showing a 0.30% decline. Social media sentiment toward Bitcoin turned increasingly bearish despite price recovery to $97,800 this week. Santiment’s “very bullish” signal indicates ideal bull run conditions as smart money buys while retail exits. Bitcoin’s recent climb to $97,800 reflects a shift in market dynamics, with large holders increasing positions while smaller investors reduce exposure. 

Data from Santiment shows whale wallets added 32,693 BTC since January 10, representing a 0.24% increase in their collective holdings. 

Meanwhile, retail participants holding less than 0.01 BTC dumped 149 coins during the same period, marking a 0.30% decline in their aggregate positions.

Smart Money Positions Signal Bullish Market Structure The accumulation pattern among Bitcoin whales reveals a classic setup for potential price appreciation. Santiment’s analysis uses five color-coded categories to track market sentiment based on whale and retail behavior. 

The current “very bullish” classification indicates smart money buying while retail money exits. Wallets holding between 10 and 10,000 BTC have consistently added to positions throughout the week.

This divergence between large and small holders typically precedes sustained rallies in cryptocurrency markets. 

Historical data suggests that when experienced investors accumulate during periods of retail uncertainty, prices often follow an upward trajectory. The pattern observed since mid-January aligns with traditional bull market characteristics.

Santiment noted that the ideal setup for a bull run depends on continued retail doubt. The longer small investors remain skeptical of the current rally, the more room exists for upward movement. Smart money continues to operate counter to prevailing retail sentiment.

Social Media Sentiment Turns Negative Despite Price Recovery Bitcoin-related commentary across social platforms has grown increasingly bearish even as prices rebounded this week. 

According to Santiment’s social data analysis, fear and doubt reached levels not seen in 10 days. Markets historically move opposite to retail sentiment, suggesting the current negativity could fuel further gains.

😒 According to social data, the commentary toward Bitcoin across social media has interestingly turned more and more bearish as prices have bounced this week. With markets typically moving the opposite direction of retail sentiment, the most FUD seen in 10 days may propel $BTC… pic.twitter.com/BbcFai1Sd5

— Santiment (@santimentfeed) January 15, 2026

The disconnect between price action and social media mood creates conditions for Bitcoin to revisit the $100,000 threshold. 

The cryptocurrency last traded above that level on November 13, 2024. Retail traders expressing pessimism while prices climb indicates a lack of conviction among smaller participants.

Santiment’s research shows that peak fear among retail investors often coincides with buying opportunities. 

The current environment mirrors previous periods when negative sentiment preceded significant rallies. Social media platforms reflect widespread skepticism about the sustainability of recent gains.

The combination of whale accumulation and retail pessimism creates a technical backdrop that supports higher prices. 

Market observers note that this configuration has historically produced favorable outcomes for Bitcoin. Whether the pattern continues depends on retail behavior in the coming weeks.

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Pakistan has partnered with a company affiliated with Trump-linked World Liberty Financial (WLFI) to explore innovation in digital finance and the use of stablecoins for cross-border transactions.

Pakistan To Explore USD1 For Cross-Border Payments On Wednesday, Pakistan announced it had signed a memorandum of understanding (MoU) with a crypto firm linked to the Trump Family’s main crypto business, World Liberty Financial.

According to a report by Reuters, the Pakistan Virtual Asset Regulatory Authority (PVARA) entered an agreement with SC Financial Technologies, a firm described as an affiliated entity of WLFI, to explore the use of its USD1 stablecoin for cross-border payments.

The memorandum is set to enable “dialogue and technical understanding around emerging digital payment architectures,” and was announced during WLFI founder and CEO Zach Witkoff’s visit to Pakistan.

Notably, Witkoff is also the CEO of SC Financial Technologies, which co-owns the USD1 stablecoin brand alongside World Liberty Financial, according to documentation on the stablecoin’s reserves reviewed by the news media outlet.

Under the agreement, the WLFI-linked company will collaborate with Pakistan’s central bank to integrate its USD 1 stablecoin into a regulated digital payments structure. A source involved in the deal detailed that this would allow the token to operate alongside Pakistan’s own digital currency infrastructure.

It’s worth noting that PVARA officials have previously affirmed that the country will launch a national stablecoin as part of its strategy to modernize payments and support tokenized debt. Additionally, the central bank is developing a pilot for a central bank digital currency (CBDC).

“Our focus is to stay ahead of the curve by engaging with credible global players, understanding new financial models, and ensuring that innovation, where explored, is aligned with regulation, stability, and national interest,” said Pakistan’s Finance Minister Muhammad Aurangzeb.

WLFI Faces New Conflict Of Interest Concerns The news comes as WLFI faces some scrutiny in the US. On Tuesday, US Senator Elizabeth Warren sent a letter to Comptroller of the Currency (OCC), Jonathan Gould, pressing the agency to halt its review of the bank charter application submitted by the Trump-linked company.

On January 7, World Liberty Financial applied with the OCC to operate as a national trust bank purpose-built for stablecoin services in the US. The move is intended to facilitate the issuance of WLFI’s USD1 stablecoin. Moreover, it would allow the crypto company to provide custodial banking services and gain access to national payment networks under the OCC’s supervision.

The democratic senator cited fears she expressed in July, when she told newly appointed Jonathan Gould that “the OCC may soon be in the position where it has to review a stablecoin issuer application submitted by a company directly tied to President Trump and his family and to draft regulations that clearly influence the President’s finances.”

Unlike most of his predecessors, President Trump has not put his crypto ventures in a trust managed by an independent party, an October investigation stated, pointing out that instead, most of his businesses are owned by a revocable trust, of which he is the sole beneficiary, and managed by his son Donald Trump Jr.

According to the Tuesday letter, Warren’s concerns have gone from being “hypothetical,” as Gould reportedly called them, to being a reality. The senator argued that if the application is approved, the OCC would promulgate rules that “influence the profitability of the President’s company” and would also be responsible for “directly supervising and enforcing the law against the President’s company—and its competitors.”

Therefore, Warren requested that the OCC delay World Liberty Financial’s review until US President Donald Trump divests and eliminates all financial conflicts of interest involving himself or his family members and the company.

WLFI trades at $0.18 in the one-week chart. Source: WLFIUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com

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