Market Signal Briefing

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the world's leading private airport operators, reported today an 8.5% year-on-year (YoY) increase in passenger traffic in December 2025 and a 9.8% YoY increase for full-year 2025. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2025 vs. 2024) Statistics Dec'25 Dec'24 % Var.   2025 2024 % Var.   Domestic Passengers (thousands) 3,995 3,772 5.9%   44,507 40,996 8.6%   I.

VANCOUVER, British Columbia, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Latin Metals Inc. ("Latin Metals" or the "Company") (TSXV: LMS) (OTCQB: LMSQF) is pleased to provide an update on exploration activities at the Cerro Bayo Gold–Silver Project, where its option partner, Daura Gold Corp. ("Daura"), has completed approximately 27 line-km of pole–dipole induced polarization ("IP") surveying over previously identified target areas to refine drill targets ahead of a planned 1,500 meters diamond drilling program , expected to commence in mid-February 2026. Cerro Bayo is fully drill permitted.

LOS ANGELES, Jan. 20, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sprouts Farmers Market, Inc., (“Sprouts” or the “Company”) (NASDAQ: SFM) investors of a class action on behalf of investors that bought securities between June 4, 2025 and October 29, 2025, inclusive (the “Class Period”). Spirit investors have until January 26, 2026 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/sprouts-farmers-market-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

According to the lawsuit, defendants provided investors with material information concerning Sprouts’ growth potential for the fiscal year 2025. Defendants’ statements included, among other things, confidence in Sprouts’ customer base to remain resilient to macroeconomic pressures and that Sprouts would instead benefit from the perceived tailwinds from a more cautious consumer. Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Sprouts’ growth potential; notably, that a more cautious consumer could result in significant slowdown in sales growth and the purported tailwinds would be unable to dampen the slowdown or would otherwise fail to manifest entirely. When the true details entered the market, the lawsuit claims that investors suffered damages.

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
[email protected]
310-692-8883
www.portnoylaw.com

Attorney Advertising

, /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today highlighted a series of strategic actions underscoring its growing momentum in the security and defense markets. These initiatives reinforce Vuzix' role as an optics OEM supplying high-performance, scalable waveguide solutions to defense integrators and U.S. Department of Defense programs.

Building on the momentum and interest at CES 2026, where Vuzix demonstrated a fully functional military helmet in collaboration with Collins Aerospace highlighting the optical clarity, ruggedness, and mission-ready performance required for defense-focused waveguides - Vuzix this week will engage with further select members of the defense and security community at the 2026 SHOT Show in Las Vegas. These discussions will focus on waveguide performance, system-level integration, and manufacturability, supporting defense customers and partners evaluating AR-enabled solutions across land, air, and mission platforms.

Complementing these in-person engagements, Vuzix recently launched a dedicated Defense section on its website, consolidating its OEM waveguide offerings, key military use cases, and solutions tailored to defense requirements. This resource provides decision makers with clear insight into how Vuzix' patented waveguide technologies and custom design capabilities address the unique challenges of wearable and head-worn military systems.

"Our continued engagements with leading defense contractors reflect the evolution of Vuzix' defense strategy," said Paul Travers, President and Chief Executive Officer of Vuzix. "By leveraging our advanced see-through display technologies, U.S.-based waveguide manufacturing capabilities, and deep IP portfolio, we are well positioned to deliver mission-ready optical solutions that meet the stringent performance, durability, and integration requirements of next-generation military systems."

Interested parties may request a meeting at SHOT Show via the Defense page inquiry form or by contacting Adam Bull directly using the information below.

About Vuzix Corporation

Vuzix is a leading designer, manufacturer and marketer of AI-powered Smart Glasses, Waveguides and Augmented Reality (AR) technologies, components and products for the enterprise, medical, defense and consumer markets. The Company's products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well OEM waveguide optical components and display engines. Vuzix holds more than 475 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. The Company has won over 20 Consumer Electronics Show (or CES) awards for innovation and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in: Rochester, NY; and Kyoto and Okayama, Japan.  For more information, visit the Vuzix website, X and Facebook pages.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward-looking statements contained in this release relate to Vuzix' procurement and development partnership with Collins Aerospace, new defense customers, possibility of future orders, and timing thereof to move into volume procurement programs, the overall success of these and other security and defense programs and among other things the Company's leadership in the AI Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

Vuzix Military and Defense OEM Contact:

Adam Bull
Vuzix Corporation
[email protected]
Tel: (585) 359-5960

Vuzix Media and Investor Relations Contact:

Ed McGregor, Director of Investor Relations,
Vuzix Corporation
[email protected]
Tel: (585) 359-5985

Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – [email protected]  www.vuzix.com

SOURCE Vuzix Corporation

SALT LAKE CITY, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Bridge Investment Group Holdings Inc. (“Bridge” or the “Company”), today announced that Dugan Fife has been appointed Head of Wealth Solutions and Senior Managing Director, effective January 19. Fife will lead the firm’s efforts to expand and enhance its wealth solutions platform, delivering innovative investment opportunities and tailored strategies to meet the evolving needs of private wealth clients. Fife joins a high-performing Wealth distribution team at Bridge that serves clients through core investment verticals including Residential, Industrial, Real Estate Credit, and Net Lease.

“Dugan’s exceptional track record and experience leading private wealth platform growth will be instrumental as Bridge continues to deliver innovative solutions for our clients,” said Dean Allara, Bridge Vice Chairman. “Bridge has long been focused on partnering with distribution platforms to service the Wealth space, and Dugan’s leadership will be a tremendous asset as we continue to scale and diversify our suite of offerings.”

Fife joins Bridge from Hines Private Wealth Solutions, where he spent over 20 years and most recently served as Senior Managing Director of Distribution for the Americas, leading the sales and marketing of investment solutions and financial services across key growth markets including the U.S., Canada and Latin America. During his time at Hines, he was promoted to increasingly senior roles and oversaw several significant capital formation initiatives including successfully closing seven DST exchange offerings in the last three years.

“Bridge has built a differentiated private wealth platform grounded in specialized real estate expertise and strong long-term partnerships,” said Fife. “With the scale of Bridge and Apollo’s established strengths across real estate equity and credit, we believe we are well positioned to deliver attractive, solutions-oriented strategies for advisors and their clients. I look forward to joining the team and working closely with our distribution partners to expand access to high-quality investment opportunities across the private wealth ecosystem.”

Following the acquisition of Bridge by Apollo last year, the firms oversee approximately $120 billion of real estate assets under management. This strategic hire underscores Bridge’s commitment to providing leading solutions and deepening relationships across the entire private wealth landscape.

About Bridge Investment Group

Bridge Investment Group is an affiliate of Apollo (NYSE: APO) and a leading alternative investment manager, diversified across specialized asset classes. Powered by Apollo, Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select real estate verticals.

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which relate to future events or our future performance or financial condition. All statements other than statements of historical facts may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “outlook,” “could,” “believes,” “expects,” “potential,” “opportunity,” “continues,” “may,” “will,” “should,” “over time,” “seeks,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” “foresees” or negative versions of those words, other comparable words or other statements that do not relate to historical or factual matters. Accordingly, we caution you that any such forward-looking statements are based on our beliefs, assumptions and expectations as of the date made, taking into account all information available to us at that time. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties that are difficult to predict and beyond our control. Actual results may differ materially from those express or implied in the forward-looking statements as a result of a number of factors, including but not limited to those risks described from time to time in our filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. Bridge undertakes no duty to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law. Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of Bridge or any investment fund managed by Bridge or its affiliates.

Contact
Media:
Charlotte Morse
Bridge Investment Group Holdings Inc.
(877) 866-4540
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b0e96f05-850b-4e11-af1f-1349ff64ae37

Dugan Fife - Bridge Investment Group Powered by Apollo Dugan Fife, Senior Managing Director and Head of Wealth Solutions

The eIPP Effect: Why Archer Aviation's Regulatory Path Now Looks Clearer Than Ever

January 20, 2026 07:30 ET  | Source: Scotts Miracle-Gro Company (The)

MARYSVILLE, Ohio, Jan. 20, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, will release its first quarter financial results on Wednesday, January 28, 2026, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session.

To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-answer session that follows the video presentation, please register for the webcast to view the presentation in addition to registering in advance via this audio link to receive call-in details and a unique PIN. The replay of the conference call will also be available on the Company’s investor website, where an archive of the press release and any accompanying information will remain available for at least a 12-month period.

About ScottsMiracle-Gro
With approximately $3.4 billion in sales, the Company is the leading marketer of branded consumer lawn and garden products in North America. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro®, Ortho® and Tomcat® brands are market-leading in their categories. For additional information, visit us at www.scottsmiraclegro.com.

For investor inquiries:
Brad Chelton
Vice President
Treasury, Tax and Investor Relations
[email protected]
(937) 309-2503

For media inquiries:
Tom Matthews
Chief Communications Officer
[email protected]
(937) 844-3864

Conference Call Scheduled for Wednesday, February 11, 2026 at 12:00 p.m. Eastern Time

, /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC), a leading net lease REIT, announced today that it will release its financial results for the fourth quarter and full year ended December 31, 2025 after the market closes on Tuesday, February 10, 2026.

The company will host a conference call and live audio webcast to discuss its financial results on Wednesday, February 11, 2026 at 12:00 p.m. Eastern Time, details of which are provided below.

Live Conference Call and Audio Webcast

Date/Time: Wednesday, February 11, 2026 at 12:00 p.m. Eastern Time
Call-in Number:  1 (877) 465-1289 (U.S.) or +1 (201) 689-8762 (international)
Please dial in at least 10 minutes prior to the start time.
Live Audio Webcast and Replay: www.wpcarey.com/earnings

W. P. Carey Inc.

W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,662 net lease properties covering approximately 183 million square feet as of September 30, 2025. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Europe, under long-term net leases with built-in rent escalations.
www.wpcarey.com 

Institutional Investors:
Peter Sands
1 (212) 492-1110
[email protected]

Individual Investors:
W. P. Carey Inc.
1 (212) 492-8920
[email protected]

Press Contact:
Anna McGrath
1 (212) 492-1166
[email protected]

SOURCE W. P. Carey Inc.

January 20, 2026 07:30 ET  | Source: Phillips Edison & Company, Inc.

CINCINNATI, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced its tax reporting information for the 2025 distributions to holders of its common stock.

The tax reporting information as it will be reported on the Form 1099-DIV, on a per share basis, is as follows:

Nasdaq-Listed Common Shares; CUSIP 71844V201

Record DatePayable DateTotal Distribution per ShareOrdinary DividendsTotal Capital Gain DistributionUnrecaptured Section 1250 Gain (1)Return of Capital (Nontaxable Distribution)Section 199A Distributions12/16/20241/3/20250.1025000.084002--0.0184980.0840021/15/20252/4/20250.1025000.084002--0.0184980.0840022/18/20253/4/20250.1025000.084002--0.0184980.0840023/17/20254/1/20250.1025000.084002--0.0184980.0840024/15/20255/1/20250.1025000.084002--0.0184980.0840025/16/20256/3/20250.1025000.084002--0.0184980.0840026/16/20257/1/20250.1025000.084002--0.0184980.0840027/15/20258/1/20250.1025000.084002--0.0184980.0840028/15/20259/3/20250.1025000.084002--0.0184980.0840029/15/202510/1/20250.1083000.088755--0.0195450.08875510/15/202511/4/20250.1083000.088755--0.0195450.08875511/17/202512/2/20250.1083000.088755--0.0195450.088755
(1) Represents additional characterization of amounts included in Total Capital Gain Distribution

Pursuant to U.S. Treas. Reg. §1.1061-6(c), the Company reports that for purposes of §1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three-Year Amounts Disclosure are $0.00 with respect to direct and indirect holders of “applicable partnership interests.”

Connect with PECO
For additional information, please visit https://www.phillipsedison.com/

Follow PECO on:
X at https://x.com/PhillipsEdison
Facebook at https://www.facebook.com/phillipsedison.co
Instagram at https://www.instagram.com/phillips.edison/; and
Find PECO on LinkedIn at https://www.linkedin.com/company/phillipsedison&company

About Phillips Edison & Company
Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO’s top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of September 30, 2025, PECO managed 328 shopping centers, including 303 wholly-owned centers comprising 34.0 million square feet across 31 states and 25 shopping centers owned in three institutional joint ventures. PECO is focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.

PECO uses, and intends to continue to use, its Investors website, which can be found at https://investors.phillipsedison.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.

Investors
Phillips Edison & Company, Inc.
[email protected]

Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Altura Energy Corp. (TSXV: ALTU) (FSE: Y020) (the "Company") is pleased to announce the initiation of a non-brokered private placement offering of a minimum of 10,000,000 units of the Company (each, a "Unit") at a price of $0.10 per Unit for gross proceeds to the Company of a minimum of $1,000,000 (the "Offering").

Each Unit will consist of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share (a "Warrant Share") at an exercise price of $0.25 at any time up to sixty months following the Closing Date (as defined herein). In the event that the closing price of the Common Shares on the TSX Venture Exchange (or such other stock exchange the Common Shares may be listed on from time to time) is equal to or greater than $0.75 for a period of twenty consecutive trading days (the "Acceleration Event"), the Company may, within five trading days following the Acceleration Event, upon issuing a news release, accelerate the expiry date of the Warrants to the date that is 30 days following the date of such news release.

The Units to be issued under the Offering will be offered by way of private placement pursuant to applicable exemptions from the prospectus requirements in each of the provinces of Canada, and in jurisdictions outside of Canada, including the United States, as determined by the Company, provided that no prospectus filing, registration or comparable obligation arises in such other jurisdiction.

The net proceeds from the Offering will be utilized by the Company for site maintenance and additional well recompletions as well as for working capital and general corporate purposes.

Finder's fees (the "Finders Fees") may be paid and finder's warrants (the "Finders' Warrants") may be issued in accordance with the policies of the TSX Venture Exchange. The Finders' Warrants may be granted for subscribers introduced by certain finders, and if issued such Finders' Warrants have the same terms and conditions as the Warrants comprising the Units, including, without limitation, being subject to Acceleration.

The Offering is expected to close on or around January 30, 2026 (the "Closing Date") and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The securities to be issued under the Offering, including any Finders' Warrants, will have a hold period of four months and one day from the Closing Date in accordance with applicable securities laws.

The Company anticipates that insiders will subscribe for Units. The issuance of Units to insiders is considered a related party transaction pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the Offering as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Offering, insofar as it involves the insiders, is anticipated to exceed 25 per cent of the Company's market capitalization.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

ABOUT ALTURA ENERGY CORP.

Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona. For more information, please visit SEDAR+ (www.sedarplus.ca).

Forward-Looking Statements

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, the intended use of proceeds of the Offering, the receipt of necessary approvals, including of the TSX Venture Exchange, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

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

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280884

Source: Altura Energy 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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The Company enters 2026 with Multiple Phase 2 Catalysts, AI-enabled drug development strategy, and regulatory optionality as SKNJCT-003 study approaches database lock, topline clinical data readout and partnering readiness January 20, 2026 07:30 ET  | Source: Medicus Pharma Ltd

PHILADELPHIA, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Medicus Pharma Ltd. (NASDAQ: MDCX) ("Medicus" or the "Company"), a precision guided biotech/life sciences company focused on advancing the clinical development programs of novel and potentially disruptive therapeutics assets, is pleased to announce it will ring the Nasdaq Opening Bell at the Nasdaq MarketSite in New York’s Times Square on Thursday, January 22, 2026, in recognition of the Company’s one-year anniversary as a Nasdaq-listed company.

Since its Nasdaq listing, Medicus has remained focused on disciplined execution across its streamlined clinical portfolio, advancing select therapeutic assets through Phase 2 proof-of-concept and pursuing licensing or strategic partnerships with established pharmaceutical companies that are best positioned to conduct late-stage development and commercialization.

The Company’s current pipeline includes SkinJect, a localized immunogenic precision therapy for basal cell carcinoma, addressing an estimated $2B market opportunity, and Teverelix, a next-generation GnRH antagonist targeting advanced prostate cancer patients with high cardiovascular risk and acute urinary retention relapse, collectively representing an estimated $6B opportunity.

“Marking one year on Nasdaq is an important milestone for Medicus,” stated Dr. Raza Bokhari, Medicus Exec. Chairman and CEO, “our emphasis since becoming a public company has been on execution. We are advancing a focused portfolio of therapies, anchored by our Skinject Phase 2 program, which is approaching database lock and clinical data readout resulting in potential partnering opportunity. We very much value the continued support of our shareholders in assembling decision-grade clinical and regulatory packages in therapeutic indications with significant unmet medical needs.”

The Opening Bell ceremony will be broadcast live beginning at approximately 9:15 a.m. Eastern Time and can be viewed via Nasdaq’s MarketSite livestream at https://www.nasdaq.com/marketsite/bell-ringing-ceremony.

For further information contact:
Carolyn Bonner, President and Chief Financial Officer
(610) 636-0184
[email protected]  

Anna Baran-Djokovic, SVP Investor Relations
(305) 615-9162
[email protected]  

About Medicus Pharma Ltd.

Medicus Pharma Ltd. (Nasdaq: MDCX) is a precision-guided biotech/life sciences company focused on accelerating the clinical development programs of novel and potentially disruptive therapeutics assets. The Company is actively engaged in multiple countries across three continents.

SkinJect Inc., a wholly owned subsidiary of Medicus Pharma Ltd., is a development-stage life sciences company focused on commercializing a novel, non-invasive treatment for basal cell skin cancer using a patented dissolvable microneedle patch to deliver a chemotherapeutic agent to eradicate tumor cells. The Company completed a Phase 1 study (SKNJCT-001) in March of 2021, which met its primary objective of demonstrating safety and tolerability; the study also describes the efficacy of the investigational product doxorubicin-containing microneedle arrays (D-MNA), with six participants experiencing complete response on histological examination of the resected lesion. The Company is currently conducting a randomized, controlled, double-blind, multicenter clinical study (SKNJCT-003) in the United States and Europe. The Company has also commenced a randomized, controlled, double-blind, multicenter clinical study (SKNJCT-004) in the United Arab Emirates.

In August 2025, the Company announced its entry into a non-binding memorandum of understanding (MoU) with Helix Nanotechnologies, Inc. (HelixNano), a Boston-based biotech company focused on developing a proprietary advanced mRNA platform, in respect of their shared mutual interest in the development or commercial arrangement contemplated by the MoU. The MoU is non-binding and shall not be construed to obligate either party to proceed with a joint venture or any further development or commercial arrangement, unless and until definitive agreements are executed.

In August 2025, the Company completed the acquisition of Antev, a UK-based late clinical stage biotech company, developing Teverelix, a next-generation gonadotrophin-releasing hormone (GnRH) antagonist, as a first-in-market product for cardiovascular high-risk advanced prostate cancer patients and patients with first acute urinary retention relapse (AURr) episodes due to enlarged prostate.

Unlike GnRH agonists, which can cause an initial surge in testosterone levels, Teverelix directly suppresses sex hormone production without this surge, potentially reducing cardiovascular risks. This mechanism is particularly beneficial for patients with existing cardiovascular conditions. Teverelix is formulated as a microcrystalline suspension, allowing for sustained release and a six-week dosing interval, which may improve patient compliance and outcomes.

In September 2020, Antev completed a Phase 1 clinical trial in which Teverelix was shown to be well tolerated with no dose-limiting toxicities and demonstrated rapid testosterone suppression. The study included 48 healthy male volunteers. In February 2023, Antev also completed a Phase 2a study in 50 patients with advanced prostate cancer (APC), where Teverelix achieved the primary endpoint of greater than 90% probability of castration levels of testosterone suppression (97.5%) but the secondary endpoint of maintaining this rate above 90% was not met, with the probability dropping to 82.5% by Day 42.

In January 2023, the U.S. Food and Drug Administration (FDA) reviewed the Phase 1 and Phase 2a data and provided written guidance on Antev’s proposed Phase 3 trial design for Teverelix. This milestone supports the Company’s clinical plans to develop Teverelix as a treatment for advanced prostate cancer patients with increased cardiovascular risk. 

In December 2023, the FDA approved the Phase 2b study design in advanced prostate cancer covering 40 patients.

In November 2024, the FDA approved the Phase 2b study design in AURr covering 390 patients.

In October 2025, the Company announced a strategic collaboration with the Gorlin Syndrome Alliance (GSA) to advance compassionate access to SkinJect for patients suffering from Gorlin Syndrome, also known as nevoid basal cell carcinoma syndrome.

Under the collaboration, Medicus and the GSA will jointly pursue the Expanded Access IND Program with the FDA to allow patients with multiple, recurrent, or inoperable basal cell carcinomas (BCCs) to access SkinJect under physician-supervised treatment protocols. The initiative aims to establish a framework for expanded access while collecting valuable real-world safety and tolerability data to inform future regulatory filings. It will also more tightly integrate patient community-led insights and data into the design, monitoring, and long-term development of SkinJect in this rare disease population.

In November 2025, the Company received full regulatory and ethical approvals in the United Kingdom to expand its ongoing Phase 2 clinical study (SKNJCT-003) evaluating D-MNA to non-invasively treat BCC of the skin. The approvals were issued by the Medicines and Healthcare products Regulatory Agency (MHRA), the Health Research Authority (HRA) and the Wales Research Ethics Committee (WREC). The MHRA approval followed a comprehensive scientific review of the Investigational Medicinal Product Dossier (IMPD) and protocol. The WREC issued a favorable ethical opinion, and the HRA granted study-wide governance approval, confirming compliance with UK Good Clinical Practice and National Health Service capacity and capability standards.

In December 2025, the Company announced that it has successfully completed enrolment of 90 patients in the United States for Phase 2 clinical study (SKNJCT-003) evaluating D-MNA to non-invasively treat BCC of the skin. The Company expects to release topline results for SKNJCT-003 in the first quarter of 2026 and secure an end-of-Phase 2 meeting with the FDA in the first half of 2026.

In December 2025, Medicus announced a non-binding letter of intent with Reliant AI Inc., a decision-intelligence company specializing in generative AI for the life sciences industry, to collaborate on the development of an AI-driven clinical data analytics platform. Subject to execution of definitive agreements, the platform is expected to support capital-efficient clinical development through data-driven dynamic clinical-site selection, patient stratification and enrollment forecasting. The initial phase of the collaboration is expected to support an upcoming Teverelix clinical study planned for 2026, with potential expansion into later-stage development programs in collaboration with a strategic partner.

Cautionary Notice on Forward-Looking Statements

Certain information in this news release constitutes "forward-looking information" under applicable securities laws. "Forward-looking information" is defined as disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action and includes, without limitation, statements regarding the Company’s leadership and prospects, the collaboration with GSA including the potential benefits thereof for GSA, those suffering with Gorlin Syndrome and Medicus (including as it relates to the development of SkinJect™), ability to be approved for the Expanded Access IND Program to enable those suffering with Gorlin Syndrome to access SkinJect™ under physician-supervised treatment protocols, the development of Teverelix and expectations concerning, and future outcomes relating to, the development, advancement and commercialization of Teverelix for AURr, high CV risk prostate cancer, women’s health indications like endometriosis, and the potential market opportunities related thereto, the MOU, including the potential signing of definitive agreements between Medicus and HelixNano and the development of thermostable infectious diseases vaccines by combining HelixNano’s proprietary mRNA vaccine platform with Medicus’s proprietary microneedle array (MNA) delivery platform, the Company’s aim to fast-track the clinical development program and convert the SKNJCT-003 exploratory clinical trial into a pivotal clinical trial, and approval from the FDA and the timing thereof, including with respect to the Company’s submission for approval in the FDA Commissioner's National Priority Voucher program, plans and expectations concerning, and future outcomes relating to, the development, advancement and commercialization of SkinJect through SKNJCT-003 and SKNJCT-004, and the potential market opportunities related thereto, the Company’s expectation to release topline results for SKNJCT-003 in the first quarter of 2026 and to secure an EOP2 meeting with the FDA in the first half of 2026, entry into definitive documents with Reliant and the expected terms thereof, engaging in proposed Medicus-sponsored studies currently contemplated in the Reliant non-binding letter of intent and the expected benefits thereof, the expansion of SKNJCT-003 into the United Kingdom and the potential benefits therefrom, the advancement of the SKNJCT-004 study and the potential results of and benefits of such study. Forward-looking statements are often but not always, identified by the use of such terms as "may", “on track”, “aim”, "might", "will", "will likely result", “could,” “designed,” "would", "should", "estimate", "plan", "project", "forecast", "intend", "expect", "anticipate", "believe", "seek", "continue", "target", “potential” or the negative and/or inverse of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including those risk factors described in the Company's annual report on form 10-K for the year ended December 31, 2024 (the "Annual Report"), and in the Company's other public filings on EDGAR and SEDAR+, which may impact, among other things, the trading price and liquidity of the Company's common shares. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect our expectations as of the date hereof and thus are subject to change thereafter. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company“) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten, today issued a letter to shareholders from Lewis Black, Chairman and Chief Executive Officer of Almonty.

Dear Fellow Shareholders,

The start of active mining operations at the Sangdong Tungsten Mine (“Sangdong”) in December 2025 was a milestone for Almonty. Sangdong is the foundation of our strategy to establish a secure, reliable, and geopolitically aligned supply of tungsten for the United States and its allies. Our vision is to establish a fully integrated, Western-based tungsten platform spanning North America, Europe and Asia to supply at least 40% of all non-China tungsten.

Our achievements in 2025 significantly strengthened our operational foundation, expanded our global footprint, and enhanced our visibility in the capital markets.

Sangdong Tungsten Mine – Active Mining Operations

In December 2025, we marked the transition of our flagship Sangdong Tungsten Mine in South Korea from construction to production with the delivery of the first truckload of ore to the run-of-mine pad. That first truck load marked the start of active mining operations and the final phase before full commercial operations. Sangdong is expected to become one of the largest and longest-life tungsten mines outside of China, positioning Almonty as a cornerstone supplier to Western markets. We have secured binding hard floor offtake agreements, including long-term commitments to supply tungsten oxide for U.S. defense applications, providing future revenue visibility and validating the strategic value of our production.

Significant Tungsten Market Opportunity

Production at the Sangdong Tungsten Mine could not have come at a more critical and advantageous time. Tungsten ranks near the top of every national list of critical minerals in the world, including the United States, Korea, Japan, the European Union and Canada because of its unique properties, crucial role in high-priority end-use applications such as defense, global market scarcity and its irreplaceability in most of those applications.

Almonty is uniquely well-positioned at this key inflection point to fill the supply gap after China - which currently produces over 80% of global tungsten - restricted exports and barred dual use exports. At the same time, the United States has banned tungsten imports from China for defense procurement beginning in 2027. The combination of China’s export controls and surging demand caused the price of tungsten to increase more than 160% in 2025, with steady price increases continuing in the first weeks of 2026.

Tungsten, long viewed as a minor commodity, is now rightly recognized as a critical strategic metal essential for U.S. and allied defense stockpiles. Almonty is the largest Western aligned tungsten producer and the only U.S.-based tungsten firm that is producing tungsten now.

Other Resource Development Initiatives & Acquisition

We continued to advance resource development initiatives designed to support long-term growth and diversification. We initiated a large-scale drilling program to define mineral reserves and establish a pathway toward future development of the Sangdong Molybdenum Project. Molybdenum is a compelling strategic complement to our tungsten business, with strong demand fundamentals across defense, energy, and industrial applications.

In Europe, our planned expansion of the Panasqueira Mine in Portugal, the world’s longest continuously operating tungsten mine, progressed with an extensive drilling program focused on extending operations into a deeper mining level that is expected to yield higher grade ore and significantly extend mine life. While tungsten prices rose steadily last year, we continually delivered low-impurity, high-grade tungsten concentrate to the U.S. defense sector and other crucial industries.

We extended our geographic footprint in 2025 into North America with the successful acquisition of a 100% ownership of the Gentung Browns Lake Tungsten Project (“Gentung”) in Beaverhead County, Montana. By acquiring and developing the Gentung Browns Lake project, Almonty is manifestly aligning with U.S. policy initiatives aimed at reshoring critical mineral supply chains and reducing reliance on foreign adversaries. Production at Gentung will provide us with additional capacity to meet demand from defense, aerospace, advanced technology sectors, and other strategic industries located in the United States.

U.S. Capital Market Entrance & Funding

Financially, 2025 was highlighted by our entrance into the U.S. capital markets, and a fully capitalized balance sheet to fund exploration and development work. In July 2025, we completed an oversubscribed and upsized initial public offering in the U.S. that raised approximately US$90 million in gross proceeds. This financing coincided with our uplisting to the Nasdaq Capital Market under the ticker symbol ALM. In December 2025, we closed a second upsized US$129.4 million offering including the full exercise of an over-allotment option. We are confident that, combined with our long track record of fiscal discipline, we are sufficiently capitalized to advance Almonty into our next phase of growth.

New Global Leadership

During the year we welcomed several experienced leaders to our executive team and Board of Directors.

Brian Fox, Chief Financial Officer, brings over 25 years of U.S.-based operational leadership to help scale operations and align Almonty with U.S. capital markets.

Steven L. Allen, Chief Operating Officer, is a Bronze Star recipient who brings 33 years of American military leadership to support the ongoing optimization of tungsten deliveries across the Company’s global footprint.

Guillaume Wiesenbach de Lamaziere, Chief Development Officer, brings over 30 years of experience leading complex and large-scale, cross-border projects in banking and asset management, to spearhead key corporate development strategy and execution for Almonty.

Independent Board Director General Gustave F. Perna brings extensive executive and military leadership experience, with a strong background in strategy, supply chain management, logistics, and talent development across global industries.

Independent Board Director Alan Estevez is a nationally recognized authority in national security, defense logistics, and strategic trade.

Taken as a group, we have built a management team and Board with the knowledge, network and experience necessary to firmly establish Almonty as the leading western-aligned tungsten supplier globally.

2026 Outlook & Milestones

Looking ahead to 2026, our priorities at the Sangdong Tungsten Mine are to advance toward full-scale commercial operation of Phase 1, and shortly thereafter commence the planned Phase II expansion. We expect Phase II to be completed in 2027 with capacity to increase up to 1.2 million tons per annum – resulting in Sangdong potentially producing over 460,000 MTU annually.

Our large-scale drilling program at the Panasqueira Mine is expected to define the mine plan for the expansion into Level 4, a new production level. The drilling program also aims to support an increase in annual output we project will be up to 124,000 MTUs (1,240 tons) by accessing higher ore grades while potentially extending the mine’s operational life.

We continue to advance the Sangdong Molybdenum Project, currently one of the highest-grade deposits with 0.26% MoS2, toward reserve definition and development planning.

We are striving for production readiness at the Gentung Browns Lake Project by the second half of 2026, potentially producing 140,000 MTUs in the future.

2026 is also a year of continuing evaluation of other Tungsten opportunities. Given our extensive global network in this area and our multi year relationship building approach, we are constantly assessing viable projects at the request of multiple Governments and customers. We would expect further expansion again this year with their support. These are the positive developments born from being the leader in the sector and an unrivalled track record. You want Tungsten you come to us!

In closing, 2025 was a year of execution, transformation, and strategic validation for Almonty Industries. Throughout this next phase, we remain committed to disciplined execution, prudent capital allocation, and transparent engagement with our shareholders. We enter 2026 with a significantly stronger balance sheet, a more diversified and strategically positioned asset base, and clear momentum toward tungsten production and growth. On behalf of the Board of Directors and the entire Almonty team, I thank you for your continued support and confidence.

Sincerely,

Lewis Black
Chairman, President & Chief Executive Officer

About Almonty

Almonty (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almonty’s flagship Sangdong Tungsten Mine in South Korea, historically one of the world’s largest and highest-grade tungsten deposits, is expected to supply over 80% of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With established operations in Portugal and additional projects in the United States and Spain, Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness. To learn more, please visit https://almonty.com.

Legal Notice

The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.

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

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws.

All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as "plan", "development", "growth", "continued", "intentions", "expectations", "emerging", "evolving", "strategy", "opportunities", "anticipated", "trends", "potential", "outlook", "ability", "additional", "on track", "prospects", "viability", "estimated", "reaches", "enhancing", "strengthen", "target", "believes", "next steps" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements concerning the advancement of the Sangdong Tungtsten Mine and Panasqueira Mine, accelerating the development of the South Korean Sangdong Molybdenum Project and the U.S. based Gentung Browns Lake Project, the financial position of Almonty and the future growth prospects of the Company.

Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate. Key assumptions upon which the Company’s forward-looking information is based include, without limitation, the statements concerning the advancement of the Sangdong Tungsten Mine and Panasqueira Mine, accelerating the development of the South Korean Sangdong Molybdenum Project and the U.S. based Gentung Browns Lake Project, the financial position of Almonty and the future growth prospects of the Company. Forward-looking statements are also subject to risks and uncertainties facing the Company’s business, including, without limitation, the risks and uncertainties identified in the Supplement and the risks identified in the Company’s management’s discussion and analysis for the three and nine months ended September 30, 2025.

Although Almonty has attempted to identify important factors that could cause actual results, level of activity, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that could cause results, level of activity, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, and even if events or results described in the forward-looking statements are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Almonty. Accordingly, readers should not place undue reliance on forward-looking statements and are cautioned that actual outcomes may vary.

Investors are cautioned against attributing undue certainty to forward-looking statements. Almonty cautions that the foregoing list of material factors is not exhaustive. When relying on Almonty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF ALMONTY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE ALMONTY MAY ELECT TO, IT DOES NOT UNDERTAKE AND IS UNDER NO OBLIGATION TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

More News From Almonty Industries Inc.

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Linda LaGorga to Step Down as CFO at End of February 2026

Mike Sauer, VP, Controller and Chief Accounting Officer, to Assume Interim CFO Role

Company Reaffirms Fourth Quarter 2025 Guidance

BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (NASDAQ: ENTG), a global leader in advanced materials science, today announced that Linda LaGorga will step down as Chief Financial Officer, by mutual agreement, effective February 28, 2026. Effective March 1, 2026, Mike Sauer, Entegris’ VP, Controller and Chief Accounting Officer, will assume the role of Interim CFO, in addition to maintaining the responsibilities of his current role. Ms. LaGorga will serve as a Senior Advisor to Entegris through May 15, 2026, to support a seamless transition.

Entegris has initiated a comprehensive search process for a permanent CFO with the assistance of a leading executive search firm.

Mr. Sauer has 37 years of experience in key finance and accounting roles at Entegris. For the last 13 years, Mike has served as Entegris’ Controller and Chief Accounting Officer. He previously served as Corporate Controller and Director of Treasury and Risk Management. Earlier in his career, he held various roles of increasing responsibility within Entegris’ finance and accounting teams.

Dave Reeder, Entegris’ President and Chief Executive Officer, said: “On behalf of the Board and management team, I’d like to thank Linda for her contributions and commitment to Entegris. She has played an instrumental role in strengthening Entegris’ foundation for the future. We wish her the best.”

Ms. LaGorga said: “It has been a privilege to serve as Entegris’ CFO, and I am proud of what the team has accomplished. I have the utmost confidence in this team and its ability to capture the tremendous opportunities ahead.”

Mr. Reeder continued: “We are fortunate to have someone with Mike’s excellent financial expertise and acumen step into the Interim CFO role. Mike is a trusted leader who brings deep institutional knowledge and a strong understanding of the semiconductor industry. The finance function will be in great hands as we move forward and conduct a search for a permanent CFO.”

Ms. LaGorga’s departure is not due to any disagreement with the Company or the Board regarding its operating performance, financial results, accounting principles, practices or financial statement disclosures.

Reaffirms Fourth Quarter 2025 Guidance

The Company reaffirmed its outlook for the fourth quarter 2025 provided in its third quarter 2025 financial results on October 30, 2025.

Schedules Fourth Quarter 2025 Earnings Call

In a separate press release issued today, Entegris scheduled a conference call to discuss its results for the fourth quarter 2025 on Tuesday, February 10, 2026, at 8:00 a.m. Eastern Time. Participants should dial 833-316-1983 or +1 785-838-9310, referencing Conference ID: ENTGQ425. Participants are asked to dial in 5 to 10 minutes prior to the start of the call. For the live webcast and replay of the call, please Click Here. Management’s slide presentation concerning the results for the fourth quarter will be posted on the Investor Relations section of www.entegris.com.

About Entegris

Entegris is a leading supplier of critical advanced materials and process solutions for the semiconductor and other high-technology industries. Entegris has approximately 8,000 employees throughout its global operations and is ISO 9001 certified. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan. Additional information can be found at www.entegris.com.

Cautionary Note on Forward-Looking Statements

This news release contains “forward-looking statements.” The words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “should,” “may,” “will,” “would” or the negative thereof and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are based on current management expectations and assumptions only as of the date of this news release. They are not guarantees of future performance or outcomes and they involve substantial risks and uncertainties that are difficult to predict and that could cause actual results or outcomes to differ materially from the results or outcomes expressed in, or implied by, these forward-looking statements. These risks and uncertainties include, but are not limited to, the risk factors and additional information described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the Securities and Exchange Commission (the “SEC”) on February 12, 2025, including under the heading “Risk Factors” in Item 1A, and in the Company’s other periodic filings with the SEC. Except as required under the federal securities laws and the rules and regulations of the SEC, the Company undertakes no obligation to update publicly any forward-looking statements or information contained herein, which speak as of their respective dates.

More News From Entegris, Inc.

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January 20, 2026 07:32 ET  | Source: Jeffs' Brands Ltd

Tel Aviv, Israel, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace expanding into the global homeland security sector through advanced artificial intelligence (“AI”)-driven solutions, today announced that its wholly-owned subsidiary, KeepZone AI Inc. (“KeepZone”), has entered into an exclusive reseller agreement (the “Agreement”) with a leading aerospace defense technology developer (the “Aerospace Company”).

Under the terms of the Agreement, KeepZone has been granted exclusive rights to resell the Aerospace Company’s advanced counter-unmanned aerial systems (“C-UAS”) solutions in Mexico. Through this strategic partnership, KeepZone intends to offer air-domain security and defense solutions to government, security and enterprise customers, including border protection agencies, law enforcement authorities and operators of critical infrastructure, subject to applicable laws and receipt of government approvals.

The Aerospace Company’s anti-drone platform is a multi-layered soft-hard kill C-UAS system that utilizes a net launcher against hostile drones, enabling safe urban environments and minimizing collateral damage. This platform offers a comprehensive solution for strategic military bases, critical infrastructure, and infantry soldiers.

The Agreement supports KeepZone’s strategy to build a comprehensive, multi-layered homeland security ecosystem by integrating counter-drone technologies with its existing AI-driven solutions. The Aerospace Company’s product portfolio complements KeepZone’s current offerings by addressing key risks associated with unmanned aerial systems (“UAS”) operations, including C-UAS platforms, that use net-launching technology to neutralize hostile drones in battlefield, urban and perimeter-security environments.

KeepZone will promote and distribute the C-UAS solution in Mexico exclusively to approved customers. These include certain Mexican government and state entities focused on defense, security, intelligence, and critical infrastructure protection, such as the Secretaría de la Defensa Nacional, Guardia Nacional, and Petróleos Mexicanos, subject to applicable laws and receipt of government approvals.

The Agreement builds on KeepZone’s expansion in the homeland security market. Recent milestones include the entry into distribution agreements with Scanary Ltd. (for exclusion distribution rights for its AI-based radar threat detection solutions in Canada, Germany and the United Arab Emirates, and non-exclusive distribution rights in Spain and Italy), Zorronet Ltd. (for exclusion distribution rights for its autonomous AI-driven Security Operations Centers in Mexico and Israel), and STI Ltd. (for exclusion distribution rights for its under-vehicle inspection systems and explosives detection devices in Canada and Mexico), and a representation agreement with RT LTA Systems Ltd. (for its SkyStar™ aerostats in certain territories). The addition of air-safety and counter-drone technologies positions KeepZone as a potential integrator for end-to-end solutions spanning ground, air, and autonomous platforms.

Alon Dayan, Chief Executive Officer of KeepZone, commented: “We are excited about this strategic collaboration. Their proven C-UAS systems address critical gaps in drone threat mitigation and operational safety, making them well-suited for Mexico’s evolving security environment, including border protection and counter-narcotics operations. We believe this exclusive agreement will enhance our footprint in Mexico, where we already hold distribution rights to complementary solutions, and advances our mission to deliver integrated, AI-enhanced security ecosystems for government and enterprise customers.”

Jeffs’ Brands plans to continue to evaluate and address the growing global demand for advanced homeland security technologies.

About Jeffs’ Brands

Jeffs’ Brands is a data-driven company that has recently pivoted into the global homeland security sector through its wholly-owned subsidiary, KeepZone AI Inc. Following the definitive distribution agreement with Scanary Ltd., in December 2025. Jeffs’ Brands aims to deliver comprehensive, multi-layered security ecosystems for critical infrastructure worldwide, capitalizing on the homeland security market’s significant growth potential while leveraging its expertise in data-driven operations.

For more information on Jeffs’ Brands visit https://jeffsbrands.com.

Forward-Looking Statement Disclaimer

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when discussing the anticipated benefits of the Agreement, its belief that the Agreement will expand and enhance KeepZone’s security solutions portfolio, KeepZone’s position as an integrator of end-to-end solutions spanning ground, air, and autonomous platforms, and the Company’s strategic expansion into the homeland security sector. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the Company’s ability to adapt to significant future alterations in Amazon’s policies; the Company’s ability to sell its existing products and grow the Company’s brands and product offerings; the Company’s ability to meet its expectations regarding the revenue growth and the demand for e-commerce; the overall global economic environment; the impact of competition and new e-commerce technologies; general market, political and economic conditions in the countries in which the Company operates; projected capital expenditures and liquidity; the impact of possible changes in Amazon’s policies and terms of use; the impact of the conditions in Israel; and the other risks and uncertainties described in the Company’s Annual Report on Form 20-F for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission (“SEC”), on March 31, 2025, and the Company’s other filings with the SEC. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations Contact:

Michal Efraty
Adi and Michal PR- IR
Investor Relations, Israel
[email protected]

NEW YORK, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ:FRMI), certain of the Company’s senior executives and directors, and underwriters of Fermi’s Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws.

If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/fermi-inc-class-action-lawsuit.

Investors have until March 6, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Fermi securities, as well as claims under Sections 11 and 15 of the Securities Act of 1933 on behalf of investors who purchased or acquired Fermi common stock pursuant and traceable to the Company’s Initial Public Offering. The case is pending in the U.S. District Court for the Southern District of New York and is captioned Lupia v. Fermi Inc., et al., No. 1:26-cv-00050.

Why is Fermi Being Sued for Violations of the Federal Securities Laws?

Fermi is an energy and AI infrastructure company that purportedly intends to build multiple, large scale nuclear reactors to support its own network of large, grid-independent data centers powered by nuclear and other energy to power AI companies. Fermi’s first project is Project Matador, its flagship, first-of-its kind energy and AI infrastructure campus designed to provide dedicated power for AI workloads.

Fermi completed its IPO in October 2025. In the IPO Registration Statement, Fermi represented that it “entered into a letter of intent . . . with an investment grade-rated tenant (the ‘First Tenant’) to lease a portion of the Project Matador Site . . . for an initial lease term of twenty years.” The Company also represented there was strong demand for Project Matador and that construction of the facility would be funded by “tenant payments” and “lease agreements.” Following the IPO, Fermi announced that the First Tenant entered into an Advance in Aid of Construction Agreement, through which it would advance up to $150 million to Fermi to fund Project Matador construction costs.

As alleged, in truth, Fermi overstated tenant demand for Project Matador and misrepresented the agreement with the First Tenant.

Why did Fermi’s Stock Drop?

On December 12, 2025, Fermi disclosed that “[o]n December 11, 2025, the First Tenant notified the Company that it is terminating the [Advance of Aid of Construction Agreement]” after “[t]he exclusivity period set forward in the letter of intent expired.” Fermi also stated that it had “commenced discussions with several other potential tenants” and “continue[s] to negotiate the terms of a lease agreement at Project Matador” with the First Tenant. This news caused the price of Fermi stock to drop $5.16 per share, or more than 33%, from a closing price of $15.25 per share on December 11, 2025, to $10.09 per share on December 12, 2025.

Click here for more information: https://www.bfalaw.com/cases/fermi-inc-class-action-lawsuit.

What Can You Do?

If you invested in Fermi, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/fermi-inc-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/fermi-inc-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

TORONTO, Jan. 20, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (CSE: MLM) (OTCQB: MLMLF) (“McFarlane Lake”, “McFarlane” or the “Company”), a Canadian gold exploration and development company, is pleased to announce that today Steve Kaszas has accepted a position as a new member of McFarlane Lake’s board of directors (the “Appointment”).

With over four decades of experience in the financial services industry, Steve Kaszas has built a distinguished career characterized by strategic leadership, client-focused investment management, and a deep commitment to community engagement.

Steve began his career at Burns Fry in 1983 and quickly rose to become a shareholder in 1984. As a senior leader with The Altberg Kaszas Group at BMO Nesbitt Burns, he has leveraged his expertise and global network to deliver insightful investment strategies and superior client service. His success is rooted in his ability to establish and maintain a sophisticated client base while integrating insights from a broad spectrum of international financial resources.

Beyond his professional accomplishments, Steve is a dedicated community advocate and a recipient of the Queen Elizabeth II Golden Jubilee Medal (2003) in recognition of his significant contributions to Canada and the broader community. His leadership extends beyond the financial sector, as he actively engages in governance roles that benefit from his strategic acumen and commitment to excellence.

“We are delighted to have Steve join our board of directors”, said Mark Trevisiol President, CEO and Chairman of McFarlane Lake. “Steve is an accomplished business leader, his experience and sterling achievements on Bay St are commendable. We welcome his guidance to our board as we look to broaden our shareholder base and continue to develop and market our flagship property, the Juby Gold Project.”

About McFarlane Lake Mining

McFarlane Lake Mining Limited is a Canadian gold exploration company focused on advancing its flagship Juby Gold Project, located near Gowganda, Ontario, within the established Abitibi Greenstone Belt. The Juby Project hosts a current (effective September 29, 2025) NI 43-101 compliant Mineral Resource Estimate (MRE) of 1.01 million ounces of gold in the Indicated category at an average grade of 0.98 g/t gold (31.74 million tonnes) and an additional 3.17 million ounces of gold in the Inferred category at an average grade of 0.89 g/t gold (109.48 million tonnes). The estimate was calculated using a long-term gold price of US$2,500 per ounce, applying cut-off grades of 0.25 g/t gold for open pit and 1.85 g/t gold for underground resources.

A sensitivity analysis completed at a higher gold price of US$3,750 per ounce resulted in an Indicated Mineral Resource of 1.20 million ounces grading 0.94 g/t gold (39.51 million tonnes) and an Inferred Mineral Resource of 4.23 million ounces grading 0.85 g/t gold (154.50 million tonnes) applying cut-off grades of 0.25 g/t gold for open pit and 1.15 g/t gold for underground resources.

The independent MRE was prepared by BBA E&C Inc. in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects- with an effective date of September 29,2025. The full technical report supporting the resource estimate is available on Sedar and on the company's website www.mcfarlanelakemining.com.

McFarlane is actively executing an exploration drilling program and additional technical studies at the Juby Gold Project to further evaluate and advance this large-scale gold system.

In addition to the Juby Gold Project, McFarlane holds a portfolio of 100%-owned gold assets in Ontario, including the past-producing McMillan Gold Mine and Mongowin properties located approximately 70 kilometres west of Sudbury and the Michaud/Munro properties located 115 kilometres east of Timmins. McFarlane Lake Mining Limited is a reporting issuer in Ontario, British Columbia, and Alberta.

Readers are cautioned to refer to the “Cautionary Statement on Mineral Resources” and all other disclaimers included in this news release for important information regarding the limitations and verification status of the data presented above and elsewhere herein.

To learn more, visit: www.mcfarlanelakemining.com.

Additional information on McFarlane can be found by reviewing its profile on SEDAR+ at www.sedarplus.com.

Qualified Person

The scientific and technical information disclosed in this news release was reviewed and approved by Mark Trevisiol, P.Eng., an officer of McFarlane and a Qualified Person under National Instrument 43-101.  

Advisors
Wildeboer Dellelce LLP is acting as legal counsel for McFarlane. 

Cautionary Note Regarding Forward-Looking Information:

This news release contains “forward-looking information” or “forward-looking statements” within the meaning of Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “believes” or “intends”, or variations of such words and phrases, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of McFarlane to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption “Risk Factors” in the Company’s Annual Information Form dated as of November 27, 2024, which is available for view on SEDAR+ at www.sedarplus.com. Forward-looking statements contained herein are made as of the date of this press release and McFarlane disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise.

There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Cautionary Statement on Mineral Resources

This news release uses the terms indicated and inferred mineral resources as a relative measure of the level of confidence in the resource estimate. Readers are cautioned that mineral resources are not mineral reserves and that the economic viability of resources that are not mineral reserves has not been demonstrated. The mineral resource estimates disclosed in this news release may be materially affected by geology, environmental, permitting, legal, title, socio-political, marketing or other relevant issues. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to an indicated or measured mineral resource category, however, it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. The mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards on Mineral Resources and Mineral Reserves” incorporated by reference into NI 43-101. Under NI 43-101, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies or economic studies except for preliminary economic assessments. Readers are cautioned not to assume that further work on the stated resources will lead to mineral reserves that can be mined economically.

Further Information
For further information regarding McFarlane, please contact:

Mark Trevisiol,
Chief Executive Officer, President and Director
McFarlane Lake Mining Limited
(705) 665-5087
[email protected]

Kaitlin Taylor,
Investor Relations
McFarlane Lake Mining Limited
(778) 887-6861
[email protected]

Thunder Bay, Ontario--(Newsfile Corp. - January 20, 2026) - Thunder Gold Corp. (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ("Thunder Gold" or the "Company") is pleased to announce the 2026 Phase One drill program at its 100%-owned, 2,500-hectare, Tower Mountain Gold Property, located 40 kilometres from the port city of Thunder Bay, Ontario. The fully funded, 5,000 metre drill program is scheduled to start February 1, 2026. This drill program shall focus on resource definition drilling to increase the geological confidence of the mineralization occurring adjacent to the western contact of the Tower Mountain Intrusive Complex ("TMIC").

The Company also advises that the previously announced Mineral Resource Estimate ("MRE"), currently in progress under the supervision of Micon International Limited ("Micon"), Toronto, ON., Canada, is anticipated to be completed by February 2026.

Wes Hanson, President and CEO, states, "Thunder Gold met or exceeded ALL our objectives in 2025. We demonstrated opportunity for future resource growth east of the TMIC at the P Target (26 holes averaging 0.592 g/t Au over 17.9 metres true width). We identified multiple soil geochemical anomalies within the current claim package offering future discovery potential. Metallurgical testing (16 representative samples) indicates gold recovery ranging from 68 to 95% (average of 85%). The Phase 2 and 3 drill programs significantly increased the mineralization footprint of the 3738 Target. More importantly, this resource definition drilling verified the predictive accuracy of our internal models, intersecting mineralization, where predicted by the model at the grades interpolated by the model.

"Our 2026 objectives are aimed at continuing our positive momentum. Release of the MRE in the coming weeks is the initial catalyst for 2026. We anticipate that the Micon model will offer multiple targets to both increase the overall mineral resource and to increase the geological confidence with the mineral resource estimated by Micon.

"Our 2026 drilling, commencing February 1, 2026, shall focus entirely on resource definition drilling within the Micon MRE model. Our focus will be directed towards increasing the geological confidence of as much of the resource as possible, but we will also seize opportunities to increase the total resource wherever possible.

"We plan to complete detailed metallurgical testing to increase gold recovery and establish a preferred process design for costing.

"Our primary objective for 2026 is to be positioned to initiate a combined MRE update and Scoping Study (formerly Preliminary Economic Assessment) by the fourth quarter of 2026. We believe Tower Mountain's best-in-class infrastructure advantage, low drilling cost per metre, and broad, predictable mineralization style offers opportunities for rapid, cost-effective exploration and future development. We look forward to continuing to define the investment opportunity at Tower Mountain in 2026."

2025 Review

Thirteen (13) holes (751.5 metres) were drilled at the P-Target in November 2024, identifying significant gold mineralization at surface within a plunging alteration envelope trending to the southeast at approximately 20 to 30 degrees.

A total of 32 holes (5,145.5 metres) of drilling were completed in 2025. The first half of the year focused on exploration drilling of the P and H Targets. In the second half of the year, the Company pivoted away from high risk-reward exploration to focus on resource definition drilling at the A, 3738 and Ellen Targets.

Table 1.0 summarizes the 2024 and 2025 exploration drill results for the P, H and A SW (southwest) Targets.

Table 2.0 summarizes the 2025 resource definition drill results for the A, 3738 and Ellen Targets.

Table 1.0 Summary of 2024 and 2025 Drill Results - Exploration Targets

Intervals reported at a cutoff grade of > 0.10 g/t Au, over a minimum true width of >4.5 metres. Maximum internal waste within a given interval is limited to 25% of the interval length. Where true width cannot be estimated due to insufficient information, a minimum interval length >7.5 metres is utilized.

P-Target

Twenty-six (26) holes (2,293.5 metres) tested the P-Target from November 2024 through May 2025.

The initial thirteen (13) holes (751.5 metres) completed in November 2024, averaged 0.848 g/t Au over an average true width of 28.2 metres. The drilling identified that the mineralization plunged to the southeast at approximately 20 to 30 degrees. The down-dip extent of the mineralization was not determined.

In Q1, 2025 the Company's 2025 Phase One drill program targeted the down-dip continuity of the P-Target and attempted to trace the down plunge continuity to the southeast. The initial holes tracing the down plunge continuity failed to intersect the projected keel of the plunging target which the Company subsequently determined (2025 Phase Two) had a shallower plunge than initial predicted. The down-dip drill holes (TM25-161 to 167) targeted the interpreted down-dip continuation of the mineralization initially intersected in 2024. Two of the seven holes failed to intersect any significant mineralization. The remaining five (5) holes intersected the targeted lithology but the intense alteration observed near surface was absent. As a result, gold grades ranging from 0.10 to 0.20 g/t were returned over similar true widths to that observed in the initial drilling.

The final two holes (TM25-168 and 169) intersected the same grade/ true widths as the down-dip drilling, suggesting that the projected plunge of the alteration was either flatter or steeper than interpreted. As a result, the Company terminated the Phase One program early with the intent on resuming drilling the P-Target during Phase Two when assay results could inform on drill targeting.

The Phase Two drill program (May-June 2025) included four (4) holes targeting a revised down-plunge projection of the P-Target mineralization. All four holes (TM25-170 to 173) intersected the targeted alteration averaging 0.529 g/t Au over a true width of 49.2 metres in a fence of holes drilled 100 metres to the southeast of the previous limit of the target. The fact that the true width is increasing to the southeast is intriguing, especially as the potential up-dip extent of the P-Target cannot be effectively drilled without helicopter support.

H-Target

A single hole, TM25-182 tested the H-Target, 1,000 metres to the northwest of the P-Target, during the 2025 Phase Two drill program. It intersected 0.407 g/t Au over 19.5 metres from the bottom of casing (3.0 metres).

Three (3) follow up holes (TM25-183-185) were completed during the Phase Three drill program. All three holes intersect low tenor gold mineralization, averaging 0.20 g/t Au over 9.0 metres. The drill results suggest that the mineralization at the H-Target is sub-horizontal.

Resource Definition Drilling

Resource definition drilling of the 3738 and A Targets initially occurred during Phase Two 2025. Results of the initial holes prompted the Company's decision to pivot away from Exploration drilling and focus the entirety of the Phase Three 2025 drilling towards resource definition drilling of the #3738, A, Ellen and Bench Targets along the western TMIC contact, in advance of the Micon 43-101 MRE.

Significant results of the resource definition drilling are presented in Table 2.0.

3738 Target

A total of ten (10) holes (2,892.5 metres) of resource definition drilling were completed at the 3738 Target during Phases Two and Three, 2025. The drilling returned an average mineralized intercept of 0.544 g/t Au over an average true width of 59.0 metres.

A Target

A total of four (4) holes (357 metres) were completed at the A-Target during Phase Two-2025. Three (3) of the four (4) holes intersected mineralization averaging 1.818 g/t Au over an average true width of 54.8 metres. The hole that missed (TM25-177) was drilled in the opposite direction from hole TM25-176 which collared in mineralization.

Table 2.0 Summary of 2025 Drill Results - Resource definition Targets

Intervals reported at a cutoff grade of > 0.10 g/t Au, over a minimum true width of >4.5 metres. Maximum internal waste within a given interval is limited to 25% of the interval length. Where true width cannot be estimated due to insufficient information, a minimum interval length >7.5 metres is utilized.

Phase One 2026 Program

The planned drill program will consist almost exclusively of resource definition drill holes targeting gaps in the drill coverage between the UV target to the northwest and the 110 Target to the southeast, a strike length of 1,500 metres (Ref. Figure 1.0).

Phase One will start February 1, 2026. The Company currently estimates Phase One completion by June 30, 2026. Final assay results are estimated to be available by July 31, 2026. Phase Two drilling is currently scheduled to commence September 30, 2026. The Company advises that the timelines noted above are estimates and subject to change.

Figure 1.0 - 2026 Phase One Resource Definition Drill Program (5,000 metres)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5364/280851_7213a93dd4318958_003full.jpg

UV NW Target

Two (2) holes (600 metres) are planned to test the northwestern limit and depth extent of mineralization intersected in holes TM04-09 (1.88 g/t Au over 81.0 metres), TM04-24 (0.93 over 88.5 metres) and TM21-90 (0.58 over 40.5 metres). Modeling suggests possible sub-vertical continuity to this mineralization which occurs largely within intrusive rock.

Two (2) holes (400 metres) are planned to test depth extensions of mineralization intersected in holes TM03-11 (1.27 g/t Au over 40.5 metres) and TM04-15 (1.95 g/t Au over 33 metres). Modeling suggests sub-vertical depth extension to both targets and the drilling is planned to test the current interpolation limits.

UV-Bench Gap Target

Ten holes (10) holes (2,000 metres) are planned to test the Bench - UV gap, a sparsely drilled area between the two main mineralized areas. The proposed drill holes will infill between and below holes TM04-29 (0.62 g/t Au over 22.5 metres) and TM23-143 (0.47 g/t Au over 63.0 metres). Once again, drill holes will target the current model interpolation limits of the Micon MRE. The objective of this drilling is twofold, both to increase the total resource and to increase to geological confidence of the defined resource in the Micon MRE.

Bench-110 Gap Target

Six holes (1,700 metres) are planned for the Bench-110 Gap infilling between holes TM11-82 (0.63 g/t Au over 36 metres) and TM 22-126 (1.08 g/t Au over 21.0 metres). Drilling shall target the interpolation limits of the Micon MRE block model with the objective of increasing the resource footprint to the southeast.

STAR Target

Two (2) holes (300 metres) are planned to test a cluster of anomalous surface rock samples associated with a coincident soil geochemical anomaly at the Star Target, approximately 1.0 kilometre west of the UV Target. The STAR Target, like the UV Northwest Target, can only be accessed during the winter field season so the Company has decided to test this target as part of the Phase One drill program.

Phase Two Drill Program

The Company expects to have sufficient funds on the completion of Phase One 2026 to proceed immediately into a Phase Two 2026 drill program of between 1,500 to 2,000 metres of drilling.

Care and Control Procedures

Diamond drilling is conducted by qualified contractors independent of the Company. All drilling is completed using N-diameter (47.6 mm) tooling. The independent drill contractor maintains security of the core until it is delivered to the Company's logging facility. On receipt of the core, independent contractors receive the core, log it for physical and geotechnical information and photograph the core for reference. A contract geologist, under the supervision of the Company's qualified person ("QP") logs the core for geological information and marks the core for sampling employing a standard 1.5 metre sample length. The contract geologist enters the data into the Company's electronic database under the supervision of the Company QP. Contract core splitters cut the core in half using a rotary diamond saw. One half is placed into sequentially numbered plastic sample bags that are sealed. The remaining half is returned to the core box and stored sequentially in racks at the Company's logging facility. The bagged samples are delivered to an independent assaying facility for analysis.

Quality Assurance and Quality Control

The Company inserts Certified Reference Materials ("CRMs") into the sample stream to monitor laboratory performance. The CRMs consist of certified standards and blanks prepared and sold by CDN Resource Laboratories of Langley B.C. an independent laboratory serving the global market.

Typically, four (4) to six (6) standards are utilized. Each standard is certified at a gold grade ranging from 0.20 to 2.00 g/t Au, representative of the large tonnage, low-grade target being evaluated. Standards are inserted at a rate of one standard for every twenty (20) samples. Certified blanks are inserted into the sample stream at an identical one in twenty sample rate.

Blanks and Standard performance is monitored by the Company QP. Standards returning values outside the certified limits are investigated and if necessary, re-assay at the discretion of the Company QP.

In 2026, the Company shall begin blind duplicate analyses of 5% of the sample population at a secondary laboratory. Pulp rejects from the primary assay facility shall be pulled from the sample stream and shipped to a second independent laboratory for gold analysis.

Assaying

The Company's primary laboratory is Activation Laboratories Ltd. ("Actlabs") facility in Thunder Bay, Ontario.

The Company's secondary laboratory is AGAT Laboratories ("AGAT") also located in Thunder Bay.

Both Actlabs and AGAT are independent from the Company and fully accredited by the Standards Council of Canada ("SCC") as per SCC-15308 ISO/IEC 17025:2017.

Samples are received, dried, crushed, split and pulverized to produce a representative, 250-gram sample for analysis. The crushed reject is stored for return to the client. The 250-gram pulverized sample is split to obtain an approximate 30-gram sample for assay. The reject portion of the 250-gram pulverized sample is stored for return to the client.

The 30-gram sample aliquot is analyzed using Actlabs 1A2 procedure, lead collection fire assay fusion (FA) with an atomic absorption (AAS) finish. All assay results greater than 5.0 g/t Au are re-assayed using Actlabs 1A3-30 method which uses a gravimetric finish for higher accuracy. All assays greater than 30.0 g/t Au are re-assayed using Actlabs 1A4-1000 screen metallics method where a representative 1000-gram sample is split from the crushed reject fraction, pulverized to 95% passing 149 micron and sieved and analyzed by size fraction. Assays are performed on the entire +149 µm fraction and two splits of the -149 µm fraction. A final assay is calculated based on the weight of each size fraction. All the above is completed at Actlabs Thunder Bay facility.

Actlabs reports the results to the Company's QP and Logistics Manager. The QP is responsible for monitoring CRM results, flagging and investigating any failures and if necessary, requesting any re-assaying.

Qualified Person

Technical information in this news release has been reviewed and approved by Wes Hanson, P.Geo., President and CEO of Thunder Gold Corp., who is a Qualified Person under the definitions established by National Instrument 43-101.

About the Tower Mountain Gold Property

The 100%-owned Tower Mountain Gold Property is located adjacent to the Trans-Canada highway, approximately 40 km west of the international port city of Thunder Bay, Ontario. The 2,500-hectare property surrounds the largest, exposed, intrusive complex in the eastern Shebandowan Greenstone Belt where most known gold occurrences have been described as occurring either within, or proximal to, intrusive rocks. Gold at Tower Mountain is localized within extremely altered rocks surrounding the Tower Mountain Intrusive Complex, a multi-phase, long duration intrusive complex that control gold distribution on the Property. Historical drilling has established anomalous gold extending out from the intrusive contact for over 500 metres along a 1,500-metre strike length, to depths of over 500 metres from surface. The remaining 75% of the perimeter surrounding the intrusion shows identical geology, alteration, and geophysical response, offering a compelling exploration opportunity.

About Thunder Gold Corp.

Thunder Gold is advancing the Tower Mountain Project in Thunder Bay, Ontario - an emerging gold system with the scale, consistency, and quality to support a long-life, open-pit operation. Results from our disciplined drill programs have consistently reinforced confidence in the continuity and predictability of the discovery, while highlighting significant potential for expansion across multiple zones of the Tower Mountain Intrusive Complex. With industry-leading drilling costs, existing infrastructure and a skilled local workforce, Tower Mountain represents a rare combination of size, scalability, and cost-effective growth.

At Thunder Gold, our vision is clear: to unlock a discovery that has the potential to become a transformational gold project, delivering long-term value for shareholders while contributing to the future of Canada's mining industry. For more information about the Company, please visit: www.thundergoldcorp.com.

On behalf of the Board of Directors,

Wes Hanson, P.Geo., President and CEO

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management's estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280851

Source: Thunder Gold Corp.

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Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York. As a journalist, he has covered every futures market traded in the U.S., at one time or another.

Jim is the proprietor of the "Jim Wyckoff on the Markets" analytical, educational and trading advisory service. Jim also worked as a technical analyst for Dow Jones Newswires and as the senior market analyst with TraderPlanet.com. Jim is also a consultant with the highly respected "Pro Farmer" agricultural advisory service. Jim was also the head equities analyst at CapitalistEdge.com. He received his degree from Iowa State University in Ames, Iowa, where he studied journalism and economics.

Follow Jim daily on Kitco.com as he provides both AM and PM roundups and a daily Technical Special. 1 877 963-NEWS jwyckoff at kitco.com

A Bitcoin whale who first purchased BTC over 13 years ago appears to have moved his entire fortune, now worth more than $85 million, after years of dormancy.

Movement in OG holders’ Bitcoin addresses can spark alarm in the crypto market, fueling fears of aggressive sell-offs.

Sleeping Bitcoin Whale Stirs After 13-Year Slumber On-chain data tracked by Arkham Intelligence shows that an address labelled “1A2hq…pZGZm” moved 909 BTC, worth over $84 million, to a new address, “bc1qk…sxaeh,” late Monday.

The long-dormant whale accumulated its BTC stockpile between December 2012 and April 2013, when the alpha crypto’s price was hovering below $10. This simply means the investor is sitting on an unrealized gain of more than 13,000%.

The owner of the Bitcoin wallet remains unknown as of publication time, so is the new address. However, the coins moved on Monday have not yet been shifted to a centralized exchange address yet, suggesting the move could be mere consolidation of assets rather than a preparation for liquidation.

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The ancient whale’s on-chain transaction aligns with a pattern seen after Bitcoin’s record-breaking rally to the symbolic $100,000 mark last year, prompting several Satoshi-era wallets with huge paper profits to resurface to suddenly emerge from their slumber. 

Most notably, one mysterious old whale sold more than 80,000 BTC in July 2025 via institutional crypto firm Galaxy Digital after holding the coins for 14 years, accruing roughly $9 billion in profits.

After setting a new peak above $126,000 in early October 2025, Bitcoin has fallen sharply, trading around $90,970 as of press time — down more than 27.9% from its peak. The sudden negative move came after renewed tariff threats between the U.S. and Europe, linked to President Donald Trump’s comments on Greenland, have pushed investors back toward traditional safe havens, triggering a sudden crypto market crash.

The usual four-year market cycle would suggest a bear market is ahead, but some industry pundits strongly believe that Bitcoin market dynamics have evolved, and more gains could be on the horizon for the asset in 2026.

Bitcoin (BTC) leading indicators flashed buy signals as bulls fought to keep BTC price above $90,000.

Key takeaways:

Bitcoin Hash Ribbons flashed a "buy" signal amid miner capitulation recovery, an occurrence that has historically preceded strong rallies.

The Fear and Greed Index’s "golden cross" signals improving market sentiment and a potential BTC rally ahead.

Bitcoin must hold $90,000 to avoid a bear market scenario. 

Bitcoin Hash Ribbons, sentiment index flash “buy”Bitcoin miner performance is still telling market participants to buy as sentiment begins to shift across the market.

Hash Ribbons, which measures the 30-day and 60-day moving average of the hash rate, now says that even current prices represent a “long-term buying opportunity,” according to Capriole Investments.

The chart below shows that a “buy signal” emerged when the 30-day MA of the hash rate dropped below its 60-day EMA, an occurrence that has historically marked periods of miner capitulation.

This has “often synced with major price discounts and long-term buying opportunities,” Capriole Investments explains on its website. 

Bitcoin Hash Ribbons. Source: Capriole InvestmentsResearchers at On-Chain Mind made similar observations, saying that Bitcoin is “seeing one of the largest Hash Ribbons signals on record.” 

“When miners capitulate and then recover, it often marks the end of forced selling,” On-Chain Mind said in a Jan. 20 post on X, adding:

“Historically, once this phase resolves, it’s been one of the most compelling long-term buy signals.” Bitcoin Hash Ribbons. Source: On-Chain MindNote that the last time Hash Ribbons sent a buy signal was in July 2025, preceding a 25% BTC price rally from $98,000 to its previous all-time high of $123,200. 

The Fear and Greed index is also suggesting it’s time to buy Bitcoin as a “golden cross signals a potential rally ahead,” according to data from CryptoQuant.

The chart below is a historical pattern analysis revealing a “bullish sentiment shift as 30-day MA crosses above 90-day MA for the first time since May 2025,” said CryptoQuant analyst MorenoDV_ in a recent Quicktake analysis, adding:

“Historically, these crossovers tend to occur after prolonged fear phases, often near local price compression zones rather than major tops. In most highlighted instances on the chart, price responds positively in the weeks that follow.” Bitcoin Fear and Greed Index. Source: CryptoQuantBitcoin price must hold $90,000The next important support zone for BTC is at $90,000, a psychological level for the market that the bulls must defend.

The BTC/USD pair is trading within the $90,000–$92,000 range, data from TradingView reveals.  

“This area is very important. It has held before, and if the overall bull market is still strong, it needs to hold again,” Crypto Solutions said in an X post on Tuesday, adding:

“As long as $90K holds, buyers are still in control, and another move up is possible.”This level coincides with the 200-period moving average in the four-hour time frame and the lower boundary of a bear flag, as shown on the weekly chart below.

BTC/USD weekly chart. Source: Cointelegraph/TradingView“If $90K breaks and closes below it on the weekly chart, momentum could turn negative, with a deeper drop toward $80K–$85K,” Crypto Solutions added, referring to a key demand zone on the daily chart.

Lower than that, the April 2025 low at $74,500 and the 200-week MA at $68,000 are key levels to watch on the downside.

The measured target of the bear flag is $57,0500, where Bitcoin could bottom in case of an extended downtrend.

Source: MuroAs Cointelegraph reported, Bitcoin is at risk of losing $90,000 as macro pressure and weak technicals point to a possible drop toward $80,000 based on a rising-wedge breakdown.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Solana (SOL) has come under sharp pressure after dropping more than 10% in just a few days, pushing the price below $130 into a make-or-break support zone. The decline suggests sellers are still in control, while buyers are being forced to defend key levels to avoid a deeper slide. With market sentiment turning cautious and volatility picking up, traders are watching whether the SOL price can stabilize here and bounce or whether the breakdown continues toward the next major support area.  

The price is back under pressure after losing the $130 area, putting the spotlight on a key support zone that has held multiple times in recent weeks. The daily chart shows a broader downtrend from late 2025 highs, with rebounds failing to regain major resistance. Price is now slipping below the 50-day SMA, while volume remains steady, suggesting sellers still have control. With momentum indicators weakening again, the next few sessions could decide the next price action. 

SOL is testing a highlighted demand zone around $122–$126, after breaking back below $130. The 50-day SMA at $132.6 is overhead resistance, and the price is struggling to close above it, keeping the trend tilted bearish. Besides, MACD is rolling over and nearing a bearish crossover, hinting at renewed downside momentum. If $122 fails, the next targets sit near $120, then $112–$110. A bounce needs reclaiming $132–$135, opening $145–$150 next.

Collectively, the last pullback appears to cause more harm to the Solana price rally. Whenever the token plunges below the 50-day MA, the bears begin to dominate the rally and slash the price hard. Therefore, it is more important for the bulls to close the day’s trade above these levels to keep the bullish hopes alive. On the other hand, the MACD that underwent a bearish crossover seems to be plunging back into the negative zone, below 0. This may invalidate the bullish thesis, paving the way for a deeper correction below $120. 

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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Tether has partnered with licensed Lao exchange Bitqik to launch a digital assets educational campaign focused on the subjects of blockchain, Bitcoin, and stablecoins. The objective is to educate over 10,000 individuals in Laos in 2026 through seminars, roadshows, and online materials regarding the use of digital assets and financial inclusion. Tether, the company behind the issue of one of the widely recognized stablecoins, has made a strategic partnership announcement with Bitqik, which is recognized as a licensed digital assets exchange within Laos, to develop digital asset knowledge in the region of Southeast Asia, as of January 19, 2025.

Under this partnership, Bitqik will design an educational curriculum of online content, as well as offline events to reach key cities such as Vientiane, Pakse, Vang Vieng, and Luang Prabang. The courses will focus on applying digital assets, using stablecoin, and examining how blockchain works to reach those who will use this technology responsibly.

Moreover, this partnership also signifies a commitment by Tether toward financial inclusivity via education, especially in areas that are still lacking in formal banking structures. The initiative will look to impact over 10,000 Laotians by 2026 through seminars, roadshows, and educational events centered around real-world applications of digital money.

Emphasize Skills in Stablecoins and Digital Assets This learning initiative forms part of a larger movement in digital asset organizations, which are attempting to spread grassroots awareness regarding blockchain technology usage and stablecoin functionality as well. This has been done in a bid to ensure there exists a bridging of the gap which may have existed between digital technology and those communities which are still unawares to such technology.

Bitqik’s role as a licensed exchange also means that its initiative not only goes beyond teaching but also extends to teaching and practicing digital services. This includes helping people understand how to acquire and sell their cryptocurrencies from licensed exchanges and teaching them about using digital coins such as USDT appropriately and correctly.

This initiative is also consistent with other efforts within the crypto industry that have aimed to address concerns regarding financial literacy. Education has come to be recognized as an essential element that is integral to appropriate use, especially in areas where regulatory systems are still developing.

The education program for digital assets put together by Tether, together with Bitqik, has a very targeted approach when it comes to education about blockchain and stablecoins. The events planned for communities will be centered around ensuring there is organized education content, which, in the end, equips Laotians in large numbers with the knowledge necessary to interact with digital finance tools in a confident manner. As digital assets continue to focus on economic activities in everyday matters, grassroots education programs might end up being critical strategies in ensuring responsible usage of digital technology takes place.

Highlighted Crypto News:

South Korea Uncovers $101.7M Crypto Laundering Scheme Linked to Cross-Border Payments

Journalist

Posted: January 20, 2026

Injective will move forward with its aggressive deflationary plan. The proposal, dubbed “supply squeeze,” received unanimous approval, with 99.89% voting in favor, the blockchain said in a statement. 

The Layer 1 chain added, 

“The new chapter of INJ is live now to dramatically reduce the token supply, enabling INJ to become one of the most deflationary assets over time.”

The proposal was first floated on the 16th of January and aimed to offer a complementary but fixed solution to the INJ token’s community buyback program. 

According to the proposal, IIP-617, INJ’s total supply reduction rate would be doubled. In other words, the supply reduction would be increased by 100% as part of a “structural upgrade to INJ tokenomics.”

For the unfamiliar, Injective [INJ] debuted with a total supply of 100,000,000 tokens and serves as the governance token for the Injective ecosystem.

Injective’s annual inflation rate or emissions distributed as staking rewards are dynamic and fluctuate between 5% and 10% based on an 85% staking ratio. 

In the past, the chain’s deflationary plan involved using collected fees to drive token buybacks. Over 6.8 million INJ tokens have been removed from supply via the buyback program.

But the new plan takes it a notch higher. It will cut emissions by half and increase buybacks to tighten supply. 

Will the deflation plan boost INJ’s outlook? However, the results and views on buyback programs across various chains, such as Hyperliquid [HYPE], Pump.fun, and Jupiter [JUP], have been mixed.

Some bill it as a “token value accrual,” while others, like Jupiter, see it as a waste of resources if the token’s price doesn’t rally. 

Whether INJ’s double approach will clear Jupiter’s doubts remains unclear. 

In the meantime, INJ tracked broader market sentiment rather than the bullish update.

It rallied 4% after the update but erased some of those gains at the time of writing as Bitcoin [BTC] dipped to $90K following U.S. President Donald Trump’s tariffs on Europe. 

Source: INJ/USDT, TradingView

After slipping below $5, INJ briefly dropped to December lows near $4.4 and may retest support or drop to $4.42 if pressure persists. 

Besides, the overall demand on the Futures market remained muted.

Over the past week, Futures CVD (Cumulative Volume Delta), or demand for INJ on the Futures market, became increasingly negative from the 15th of January and dipped even lower despite the ‘supply squeeze’ update. 

Source: Velo

In fact, even the Open Interest (OI) remained unchanged near $25 million despite the bullish tokenomics update. 

Taken together, these data sets showed that broader market sentiment overshadowed the positive INJ development. It remains to be seen whether the price will catch up later. 

Final Thoughts Injective approved a plan to cut its dynamic annual emissions, currently 5%-10%, in half. Speculative interest and demand remained low despite a slight 4% bounce after the positive update.

DeFi protocol MakinaFi lost 1,299 ETH (~$4.1m) in a breach tied to MEV-style execution, with stolen funds split across two wallets now monitored by analysts.

Summary

MakinaFi suffered a breach that drained 1,299 ETH, worth around $4.1 million, with funds routed out via a series of suspicious Ethereum transactions.​ PeckShieldAlert traced the loot to two main wallets and flagged links to an MEV builder address, suggesting preemptive, transaction-order–based exploitation.​​ MakinaFi has yet to issue a detailed technical post-mortem or compensation plan as on-chain sleuths watch for moves toward mixers or centralized exchanges. Decentralized finance platform MakinaFi has been hit by a security breach resulting in the loss of 1,299 ETH, valued at approximately $4.1 million, according to blockchain security firm PeckShieldAlert.

MakinaFi suffers exploit The breach involved a sudden outflow of Ethereum from the platform through a series of transactions, according to on-chain data. PeckShieldAlert traced the movement of the stolen assets across multiple Ethereum wallets following the incident.

The stolen funds were distributed between two addresses, according to blockchain data. The first wallet, identified as 0xbed2…dE25, holds the majority of the assets, while a second address, 0xE573…f905, contains a smaller portion. As of the latest reports, the funds have not been moved from these addresses.

Blockchain analysts identified connections to an MEV Builder address (0xa6c2…), suggesting the attacker may have employed Maximal Extractable Value tactics. PeckShieldAlert noted that some activity involved preemptive execution, a technique commonly associated with MEV exploitation. Such strategies allow actors to manipulate transaction ordering for financial advantage.

MakinaFi has not issued a public statement regarding the incident, and no technical explanation of the vulnerability has been provided. The platform has not announced whether it is conducting an investigation, pursuing fund recovery, or planning user compensation.

Blockchain analysts continue to monitor the addresses holding the stolen Ethereum for any movement toward cryptocurrency exchanges or mixing services, which could provide opportunities for intervention or asset freezing. The technical details of how the breach occurred remain undisclosed pending official communication from the platform.

Bitcoin price today slipped closer to the $90,000 level, while whale activity on Binance has dropped sharply. On-chain data from CryptoQuant shows a clear fall in BTC inflows to exchanges, suggesting whales are stepping back after weeks of heavy selling and liquidations. 

Meanwhile, Bitcoin’s long-term trend remains positive, leaving room for a possible upside move.

Bitcoin Whale Selling on Binance Falls SignificantlyAccording to the CryptoQuant data, Bitcoin inflows from whales to Binance have dropped sharply in recent weeks. These inflows, often linked with selling activity, have declined from nearly $8 billion at their peak to around $2.74 billion, marking a clear slowdown in whale-linked sell-offs.

The data tracks Bitcoin transfers to Binance across three major whale categories: transactions between 100–1,000 BTC, 1,000–10,000 BTC, and transfers above 10,000 BTC. 

A fall across all these groups suggests that large holders are no longer rushing to move coins to exchanges.

What Triggered the Whale Slowdown?The latest chart shows a very different picture. Whale inflows to Binance have now been cut by nearly 3x compared to late November. Large transactions have become less frequent, and selling clusters have almost disappeared.

This suggests whales are choosing patience over panic. Instead of selling aggressively, they appear to be holding their Bitcoin during the current consolidation phase.

This change comes after a sharp sell-off in recent days, when whales sold around 22,918 BTC, worth nearly $4 billion. That wave of selling triggered market panic, caused over $500 million in long liquidations, and pushed Bitcoin price down by about 2.5%, from around $97,000 to near $90,934.

Bitcoin Price AnalysisAs of now, Bitcoin is still in a long-term uptrend after rising strongly from the $83,000 area to new record highs. However, the price faced strong selling near $126,000, which pushed it lower. 

Since then, Bitcoin has moved into a key support range between $84,000 and $92,000, where it is now moving sideways.

If Bitcoin breaks above $92,000–$95,000 and holds, buying strength could return and push the price toward the $100,000–$102,000 area. 

But if Bitcoin drops below $84,000, selling pressure may increase and lead to a deeper pullback.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.