Market Signal Briefing

Bond markets, not oil alone, may decide Bitcoin’s fate this weekThe market is still treating oil as the center of the current macro shock.

Market conditions after this weekend point somewhere else. Oil is the spark, bond markets are the channel, and Bitcoin is trading inside that channel as the week begins.

That is the setup now facing investors.

The geopolitical shock still carries weight. Crude can reshape inflation expectations, complicate central-bank decisions, and hit risk sentiment in a single move. The bigger issue, however, is what that energy shock is doing to sovereign debt markets at a moment when investors were already questioning how much inflation relief they could realistically expect in 2026.

That shift in focus takes the conversation from oil to yields, from yields to global bond pricing, and then directly to Bitcoin.

Bitcoin is operating in a market where the long end of the curve has become impossible to ignore.

Right now, the long end is under pressure.

The core thesis is straightforward: markets have already priced in war risk through energy, while the next repricing phase is centered on whether that energy shock becomes persistent enough to keep long-term yields elevated, delay policy relief, and tighten financial conditions across the board.

Every risk asset feels that process, and Bitcoin sits especially close to it because it still straddles two roles. In the short run, it behaves like a liquidity-sensitive macro asset. Over a longer horizon, it still carries the appeal of a hard-asset hedge.

That tension sits at the center of the current setup.

The Kobeissi Letter moved closer to the right framework this weekend, arguing that oil prices are no longer the only threat to markets and that bond markets will play a major role in determining how long Washington can maintain pressure in the Iran conflict. The key takeaway from that argument lies in the market mechanics.

The U.S. 10-year yield climbed sharply after the war began on Feb. 28. Official Treasury data shows it moved from 3.97% on Feb. 27 to 4.39% by March 20, with live trading pushing it back toward the 4.4% area on Monday. That move is large enough to confirm that yields have risen quickly and that the bond market is applying real pressure on broader financial conditions.

US 10Y explosion to 4.4%Yield zone becomes the binding constraint for risk assetsThe 4.50% to 4.60% zone on the 10-year deserves a more careful description. It reads best as a politically and financially sensitive range, rather than a fixed tripwire that forces an immediate response.

Markets rarely move with that kind of precision. Even so, recent experience suggests the White House pays close attention when the long end rises far enough to threaten broader risk conditions.

For Bitcoin, the implication is clear. The central question is no longer limited to whether oil moves higher. The more important issue is whether oil remains firm enough to keep inflation fears alive and lift yields into a range that pressures duration, equity multiples, and speculative positioning at the same time.

That is why the yield response deserves the bulk of investor attention.

The broader macro backdrop offers little relief.

The Federal Reserve held rates at 3.50% to 3.75% last week and signaled that the Middle East situation adds another layer of uncertainty to the policy outlook. The surrounding data reinforced that caution.

February CPI came in at 2.4% year over year, with core at 2.5%. February PPI ran hotter on a monthly basis. Payroll growth has cooled, and consumer sentiment has weakened. The University of Michigan’s preliminary March reading also showed inflation expectations rising, with gasoline prices standing out as a visible pressure point for households.

That combination leaves markets facing a difficult mix, softer growth signals arriving alongside renewed inflation anxiety.

Bitcoin tends to struggle when that mix starts feeding directly into the term premium.

Japan now deserves a much bigger place in the conversationOne of the most underappreciated risks in the current environment is that this has expanded beyond a U.S. Treasury move. Japanese government bond yields have also moved higher since Friday, with the 10-year JGB rising from 2.264% on March 20 into roughly the 2.30% to 2.32% range on Monday.

Longer-dated yields moved higher as well, with the 30-year and 40-year both pressing upward.

Japan 10Y price jumpAt the same time, 10-year JGB futures remained pinned near recent lows after Friday’s selloff instead of staging a convincing rebound.

That development adds another layer to the macro pressure.

Japan matters in global duration markets because rising JGB yields can influence capital flows, relative-rate pricing, hedging decisions, and the broader cost of money worldwide.

When JGBs reprice higher while Treasuries and gilts remain under pressure, the market begins to treat the energy shock as a global bond-market event rather than a localized oil panic.

That shift creates another challenge for Bitcoin.

The Bank of Japan reinforced that theme last week when it acknowledged that crude prices had risen significantly and warned that higher oil would place upward pressure on consumer prices.

The BOJ did not signal panic, but it also did nothing to cool the sense that inflation risk is broadening. Markets had already been pricing meaningful odds of another BOJ hike, and reports that Japan is considering trimming buybacks of inflation-linked bonds have only added to the sense that local inflation expectations are stirring again.

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That leaves Japan acting less like a stabilizer and more like an amplifier.

Bitcoin traders often want the asset treated as digital gold during geopolitical stress. Price action has so far pointed to a more complicated reality. When the oil shock hit, traders sold Bitcoin instead of moving into it as a traditional haven. That response does not invalidate the hard-asset case over a longer horizon. It does show that timing plays a crucial role.

Bitcoin can still attract a more defensive bid later, especially if the policy response to weaker growth becomes more aggressive or if investors begin focusing more intensely on fiat credibility and sovereign debt sustainability. In the first stage of a liquidity shock, rising yields still create a hostile backdrop.

The week ahead carries unusual weightThis week does not include the usual PCE inflation anchor, because February U.S. PCE has been pushed back to April 9.

As a result, markets will lean more heavily on secondary signals. That raises the importance of Treasury auctions, PMI data, jobless claims, and survey-based inflation expectations.

Those releases form the scoreboard for the week.

Tuesday’s flash PMIs will offer an early sense of whether business activity is absorbing the shock or beginning to wobble. The 2-year Treasury auction lands the same day, followed by the 5-year on Wednesday and the 7-year on Thursday. Friday brings the final University of Michigan sentiment reading and an updated look at inflation expectations.

If the auctions come in weak and inflation-expectations data stay firm, the 10-year could move toward the mid-4% range quickly. That environment would keep Bitcoin under pressure even if oil pauses. Under that scenario, BTC would likely remain inside the market’s liquidity bucket as investors reprice higher-for-longer conditions.

A different path is also possible. If auctions clear well, PMIs soften enough to cap the long end, and inflation expectations cool, yields could stabilize even without a dramatic collapse in crude. That would offer a more constructive opening for Bitcoin.

Markets could begin shifting away from immediate concern over sticky inflation and toward a broader view in which the growth hit from the shock eventually outweighs the energy spike itself.

That is the point where Bitcoin’s hard-asset appeal can start to re-enter the conversation more forcefully.

Bitcoin market structure still looks intactSpot prices have pulled back from recent highs, yet institutional demand has continued to show through in pockets of the market. U.S. spot ETF flows for the week ending March 20 were still net positive overall (+$93 million), even though the final sessions weakened.

Futures basis also remained positive. That combination suggests a market that is still engaged and still highly sensitive to macro conditions, rather than one facing broad internal collapse.

Which brings the focus back to bonds.

Bitcoin’s next move may depend less on the next jump in crude and more on whether the bond market decides the inflation shock is temporary or persistent. Oil created the initial shock. Treasuries are shaping how tight financial conditions become, and Japan is increasingly reinforcing that repricing instead of easing it.

Bitcoin now faces a three-part macro test this week.

Can oil stabilize quickly enough to keep inflation fears from building further.Can Treasury auctions prevent another sharp move higher in the long end.Can Japan avoid turning a U.S. bond selloff into a broader global duration squeeze.If those pressures keep building, Bitcoin is likely to stay under strain and trade like a high-beta macro asset. If those pressures begin to ease, even partially, BTC has room to recover as markets start separating immediate war-driven stress from the wider monetary path ahead.

The current setup therefore runs deeper than crude alone. Oil started the fire, bonds are determining how far it spreads, and Japan is adding evidence that the repricing in sovereign debt is global.

Until the rate market settles, Bitcoin remains caught in the middle.

Posted in

Gold wiped out all of this year's gains as the war in the Middle East stoked worries about inflation and higher interest rates, dimming the outlook for the non-yielding asset.

Vancouver, British Columbia--(Newsfile Corp. - March 23, 2026) - Medaro Mining Corp. (CSE: MEDA) (OTCID: MEDAF) (FSE: 1ZY) ("Medaro" or the "Company") is pleased to announce the commencement of its geological exploration program at the Company's Bastnäs project (the "Project") in Sweden.

Field crews have mobilized to site and exploration activities are now underway. The program is focused on advancing the Company's understanding of the Project's rare earth element ("REE"), copper, cobalt, gold and base-metal potential through systematic fieldwork and targeted data acquisition.

Current activities include geological mapping, prospecting and sampling, with work directed toward evaluating priority areas identified through historical information and regional geological interpretation. The exploration program is intended to generate geological observations and analytical data to refine and prioritize targets and support planning for potential follow-up work.

About Medaro Mining Corp.

Medaro is a mineral exploration company focused on the acquisition and advancement of high-quality mineral projects in Ontario, Quebec and Sweden. The Company's strategy is to build shareholder value through systematic exploration, disciplined project evaluation, and responsible development.

For more information, investors should review the Company's public filings available at www.sedarplus.ca.

On Behalf of the Company

Mark Ireton
Chief Executive Officer & Director
Medaro Mining Corp.
220 - 333 Terminal Avenue
Vancouver, BC V6A 4C1
[email protected]

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

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements in this news release include, but are not limited to, statements regarding the exploration activities, objectives and anticipated outcomes of the exploration program at the Bastnäs project.

Forward-looking statements are based on management's reasonable assumptions, expectations and estimates as of the date of this news release and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake to update or revise any forward-looking statements except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289446

Source: Medaro Mining Corp.

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VANCOUVER, British Columbia, March 23, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce that a coordinated federal and state permitting schedule has been established for its 100%-owned Black Pine Oxide Gold Project (“Black Pine” or “the Project”), located in southeastern Idaho.

The schedule has been posted to the United States (“U.S.”) government permitting dashboard, pursuant to the U.S. Federal Permitting Improvement Steering Committee Council FAST-41 federal permitting framework (“FAST-41”), which provides transparency on permitting milestones and timelines:

https://www.permits.performance.gov/permitting-project/fast-41-covered-projects/black-pine-gold-project

Following completion of a structured schedule review period with relevant federal and state of Idaho agencies, Black Pine now benefits from a clearly defined, interagency-aligned permitting timetable under the National Environmental Policy Act (“NEPA”). The published schedule provides enhanced transparency into the federal and state review process, creates a series of defined and monitored milestones, and represents a definitive permitting pathway to advance the Project.

Key Highlights

Federal and State Alignment: Black Pine is the first U.S. mining project to have both federal and state agencies aligned to a single, publicly disclosed permitting schedule under FAST-41.Enhanced Permitting Certainty: The schedule establishes a transparent and accountable framework, with participating agencies committing to defined timelines for permitting activities.National Significance: Black Pine is one of a very limited number of mining projects designated with “Covered” status under FAST-41, reinforcing its importance within the U.S. domestic gold and critical minerals development pipeline.Accelerated Timeline: The coordinated schedule projects completion of the Environmental Impact Statement (“EIS”) under the NEPA process in less than two years, with a final record of decision slated for January 2028. “Congratulations to Liberty Gold on having the first FAST-41 covered project to benefit from our historic MOU with Governor Little and the State of Idaho,” said Emily Domenech, Permitting Council Executive Director. “The timetable developed for this project includes all state permitting actions and aligns state and federal permitting for the first time. This level of coordination and transparency will ensure that critical infrastructure projects like Black Pine can complete state and federal permitting without delay and will set a new standard for permitting efficiency across the country.”

Jon Gilligan, President and CEO of Liberty Gold commented: “The establishment and publication of a coordinated federal and state permitting schedule for Black Pine is a major milestone for the Project. FAST-41 provides a transparent and disciplined framework that aligns agencies, timelines, and accountability that is typically not provided for U.S. mining projects.

Importantly, this schedule reflects a shared commitment by federal and state agencies to advance Black Pine on a clearly defined and achievable timeline. While permitting outcomes are never guaranteed, this level of coordination significantly enhances visibility and confidence in the path forward. Black Pine is supported by extensive baseline work and ongoing engineering workstreams We believe this milestone reinforces its position as one of the most advanced oxide gold development projects in the United States.”

The established schedule outlines key federal permitting milestones, including anticipated progression through NEPA review and related agency actions required to advance Black Pine toward a final Record of Decision (“ROD”). The coordinated timetable reflects the Project’s advanced state of technical readiness, extensive environmental baseline work completed to date, and its status as a brownfield development in a well-established mining jurisdiction.

Black Pine has benefited from multiple years of environmental baseline studies, mine planning, and engineering work, positioning the Project well for federal environmental review. With the permitting schedule now established, the lead federal agencies will continue to advance NEPA activities in accordance with the published timetable, including ongoing interagency coordination, technical review, and public engagement.

While the NEPA review progresses, Liberty Gold will continue advancing parallel workstreams, including feasibility-level engineering, continued environmental studies, and advancement of state and federal permits required for construction and operation. These permits are expected to include approvals related to water management, heap leach operations, air quality, surface disturbance, reclamation, and other authorizations customary for large-scale oxide gold projects in the U.S.

The Company remains focused on maintaining critical-path discipline across permitting and technical activities while supporting a transparent and coordinated review process.

Liberty Gold will provide further updates as additional permitting milestones are achieved and as the Project advances through subsequent stages of federal and state review.

ABOUT LIBERTY GOLD

Liberty Gold is a U.S. focused gold development company building and advancing a pipeline of gold assets in the Great Basin, one of the world’s most productive and mining friendly gold regions. The Company’s flagship asset is the 100% owned Black Pine Oxide Gold Project in southern Idaho, a large scale, past-producing run-of-mine heap leach system being advanced through feasibility and permitting toward a modern open-pit mining operation. The Company’s strategy is to responsibly develop high quality, long-life gold projects in supportive jurisdictions, led by an experienced team with a track record of discovery, development and delivering long term value.

For more information, visit libertygold.ca or contact:

Susie Bell, Vice President, Investor Relations and Corporate Communications
Phone: 604-632-4677 or Toll Free 1-877-632-4677
[email protected]

This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements or information concerning, future financial or operating performance of Liberty Gold and its business, operations, properties and condition; planned de-risking activities at Liberty Gold’s mineral properties; federal and state permitting timelines, future updates to the mineral resource, the potential quantity, recoverability and/or grade of minerals; the potential size of a mineralized zone or potential expansion of mineralization; proposed exploration and development of Liberty Gold’s exploration property interests; future water rights acquisitions; the results of mineral resource estimates or mineral reserve estimates and preliminary feasibility studies; and the Company’s anticipated expenditures.

Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions about future prices of gold, and other metal prices, currency exchange rates and interest rates, favourable operating conditions, political stability, timely receipt of governmental or regulatory approvals, including any stock exchange approvals; receipt of a financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, results or timing of any mineral resources, results or timing of any baseline studies, resource conversion, pre-feasibility study, mineral reserves, or feasibility study; the availability of drill rigs, successful resolution of disputes and anticipated costs and expenditures. Many assumptions are based on factors and events that are not within the control of Liberty Gold and there is no assurance they will prove to be correct.

Such forward-looking information, involves known and unknown risks, which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information, including, risks related to the interpretation of results and/or the reliance on technical information provided by third parties as related to the Company’s mineral property interests; changes in project parameters as plans continue to be refined; current economic conditions; state and federal permitting processes, future prices of commodities; possible variations in grade or recovery rates; the costs and timing of the development of new deposits; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; the timing and success of exploration activities generally; the timing or results of the publication of any mineral resources, mineral reserves or feasibility studies; delays in permitting; possible claims against the Company; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals, financing, timing of the completion of exploration as well as those factors discussed in the Annual Information Form of the Company dated March 25, 2025, in the section entitled "Risk Factors", under Liberty Gold’s SEDAR+ profile at www.sedarplus.ca.

Although Liberty Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Liberty Gold disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except for material differences between actual results and previously disclosed material forward-looking information, or as otherwise required by law.

Except for statements of historical fact, information contained herein or incorporated by reference herein constitutes forward-looking statements and forward-looking information. Readers should not place undue reliance on forward-looking information. All forward-looking statements and forward-looking information attributable to us is expressly qualified by these cautionary statements.

MIDLOTHIAN, Texas--(BUSINESS WIRE)--Keith S. Walters, Chairman, President and Chief Executive Officer of Ennis, Inc. (NYSE: EBF), a manufacturer of business forms and other business products headquartered in Midlothian, Texas, announced today that the Board of Directors has declared a quarterly cash dividend of twenty-five cents ($0.25) per share on its common stock. The dividend is payable May 4, 2026 to shareholders of record on April 13, 2026. About Ennis Founded in 1909, the Company is one.

MONTREAL, March 23, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis” or “the Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today that it will host a conference call at 12:00 PM Eastern Time on Tuesday, March 31, 2026 to discuss the Company's financial results for the fourth quarter and fiscal year 2025, which ended December, 31, 2025, as well as provide an update to the Company's progress and other developments.

Key Highlights

10,000-metre summer drill program set to commence in June at the Aberdeen Project in Nunavut's Thelon BasinProgram designed to target high-grade unconformity-related uranium mineralization at Loki and expand the high-grade Tatiggaq discoveryLoki hosts the first uranium mineralization intersected at the unconformity in Thelon Basin sandstone, along with extensive alteration similar to major Athabasca-style systemsTatiggaq remains open along strike and at depth, with systematic step-outs planned to test scale and continuityExploration will focus on identifying the structural controls and alteration systems associated with high-grade uranium depositionSuccessful drilling has the potential to further establish the Thelon Basin as an emerging world-class uranium districtToronto, Ontario--(Newsfile Corp. - March 23, 2026) - Geiger Energy Corp. (TSXV: BEEP) (OTCQB: BSENF) ("Geiger" or the "Company") is pleased to report that it has launched preparations to begin a 10,000 metre summer drill program in June on the Aberdeen Project, Thelon Basin, Nunavut (Figure 1).

The 2026 program will focus primarily on the Loki and Tatiggaq target areas, where prior drilling and exploration have confirmed strong uranium fertility, extensive alteration, and encouraging mineralization. At Loki, Geiger has intersected the first uranium mineralization at the unconformity within Thelon Formation sandstone at relatively shallow depths, alongside a large alteration system analogous to those associated with major Athabasca Basin uranium deposits. At Tatiggaq, the Company is advancing a high-grade basement-hosted uranium discovery that remains open for expansion.

Targeting will focus on identifying key structural traps that have led to alteration and uranium enrichment, in hopes of uncovering the first true high-grade uranium intersection in the Thelon Basin. Tatiggaq is already a high-grade prospect that only requires systematic drilling to determine the size and extent of the mineralization.

"The objective of the program is clear, to vector toward and discover high-grade uranium mineralization. The Thelon Basin is the last major undeveloped high-grade uranium play in the world. Orano's known undeveloped deposits (Kiggavik Project) and Geiger's high-grade, shallow Tatiggaq and Qavvik prospects demonstrate the region's fertility and prospectivity. Our strategy is to show further that the Thelon Basin is the next major world uranium play through discovery and advancement of our known assets, and if successful, a serious re-rating of the region is anticipated," said Dr. Rebecca Hunter, President and CEO of Geiger.

Figure 1: Project map showing the property and Aberdeen Camp.

Figure 2: Convoy hauling fuels and supplies to camp.

Aberdeen Project Overview

Geiger plans to explore the Loki and Tatiggaq areas in 2026 aggressively. The Loki area hosts the first intersections of uranium mineralization in the Thelon Formation sandstone at the unconformity and extensive alteration of the sandstone column, which is analogous to what is observed above high-grade deposits in the Athabasca Basin. Targeting will focus on step outs along the 4 km gravity anomaly, first near the known alteration and enrichment areas. Tests along the north end of the anomaly will be a priority, as they are likely to host the main controlling structures. The uranium enrichment of the sandstone column is compelling and requires several drill holes to test and hone in on the most prospective areas.

The Tatiggaq prospects are a high-grade basement-hosted zone consisting of 2 pods over a 300 m area. The extent of the 1.5 km gravity anomaly that hosts the Tatiggaq Prospect remains open to testing along strike and at depth. In 2024, a new showing (up to 0.79% U3O8 over 0.1 m1) was discovered within the gravity anomaly to the north of the Tatiggaq prospect and also requires follow up. Systematic step outs are planned along the main uranium-hosting ENE-trending fault trend to delineate additional pods and step-outs to the north to follow up the 2024 new showing. Tatiggaq is located 5 km west of Orano's Andrew Lake Deposit and is a key asset to develop to complement the known basement-hosted uranium resources in the area.

Numerous other showings and untested anomalies are also present on the Aberdeen Project and will be evaluated and considered for testing in 2026, depending on results and available time and budget.

To begin our preparations winter overland hauling has been organized to start immediately. Winter overland hauling is a key aspect of exploration in the Thelon Basin, as it is a very cost-effective and low-impact method of hauling exploration-related supplies (fuel, drills, drill equipment, consumables, etc.) to our camp site on Aberdeen Lake. We deploy a convoy of snow-tracked vehicles with sleighs that carry loads from Baker Lake to the site, which takes around 2 to 3 days per convoy. The prime hauling months are March, April, and parts of May, depending on weather conditions.

About Geiger

Geiger controls approximately 390,000 hectares in Saskatchewan's Athabasca Basin and 95,519 hectares in Nunavut's Thelon Basin, two of the world's most prospective uranium districts. The Company is focused on discovering high-grade uranium deposits across both regions.

Geiger's flagship asset, the Aberdeen Project (Thelon Basin), hosts the high-grade Tatiggaq and Qavvik discoveries. Tatiggaq is a basement-hosted system defined over a 300-metre strike length, with multiple steeply dipping mineralized lenses between 80 and 180 metres depth. The system remains open over a 1.5 km strike length and at depth. Qavvik is a similarly styled basement-hosted discovery extending from surface to ~400 metres depth, open over 500 metres and at depth.

The Aberdeen Project hosts 50+ high-priority targets, many showing strong alteration and anomalous uranium from limited historical drilling, with several areas remaining completely untested.

In the Athabasca Basin, Geiger is advancing the Hook Project, which hosts the ACKIO near-surface uranium discovery. ACKIO extends over 375 metres along strike and 150 metres in width, with at least nine distinct uranium pods starting at 28 metres depth and continuing to approximately 300 metres. The system remains open in multiple directions. The Hook Project also contains large clay-alteration systems with elevated radioactivity, highlighting additional discovery potential beyond ACKIO.

Qualified Person Statement

The technical information contained in this news release has been reviewed and approved by Rebecca Hunter, P.Geo, President & CEO of Geiger Energy Corp., a Qualified ‎Person, as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects." ‎

Cautionary Statement

Certain information in this news release is considered forward-looking within the meaning of certain securities laws and is subject to important risks, uncertainties and assumptions. This forward-looking information includes, among other things, information with respect to Geiger's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information. The forward-looking information in this news release describes Geiger's expectations as of the date of this news release.

The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, risks arising from general economic conditions; adverse industry events; inability to realize anticipated synergies; future legislative and regulatory developments; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; income tax and regulatory matters; the ability of Geiger to implement its business strategies; competition; currency and interest rate fluctuations and other risks. Readers are cautioned that the foregoing list is not exhaustive.

Geiger cautions that the foregoing list of material factors is not exhaustive. When relying on forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Geiger has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to in the previous paragraph will not cause such forward-looking 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 NEWS RELEASE REPRESENTS THE EXPECTATIONS OF GEIGER AS OF THE DATE OF THIS NEWS 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 GEIGER MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME.

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

1See Forum News Release dated January 13, 2025 “Forum Announces Final Assay Results from Tatiggaq: Drill intercept identifies potential new zone 300 metres north of the Tatiggaq Deposit.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289481

Source: Geiger Energy Corporation

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TORONTO--(BUSINESS WIRE)--Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm, has recommended that holders of common shares of Organigram ("Shareholders") vote FOR the ordinary resolution (the "Transaction Resolution") to approve the indirect acquisition of Sanity Group GmbH ("Sanity") at the Company's Annu.

, /PRNewswire/ -- Gamehaus Holdings Inc. ("Gamehaus" or the "Company") (Nasdaq: GMHS), a technology-driven mobile game publisher, today announced its unaudited financial results for the second quarter of fiscal year 2026 ended December 31, 2025.

Second Quarter of Fiscal Year 2026 Financial Highlights

Total revenue was US$26.3 million, representing a 7.8% decrease from US$28.5 million in the second quarter of fiscal year 2025. In-app purchases contributed US$23.9 million, while advertising revenue reached US$2.4 million. Total operating costs and expenses were US$25.4 million, representing a 10.1% reduction from US$28.3 million in the second quarter of fiscal year 2025. Net income was US$0.9 million, representing a 151.2% increase from US$0.4 million in the second quarter of fiscal year 2025. Second Quarter of Fiscal Year 2026 Operating Highlights

in thousands, except percentages

For the Three Months Ended

December 31,

2025

2024

Average MAUs[1]

2,760

3,832

Average DAUs[2]

499

716

ARPDAU[3]

0.566

0.440

Average DPUs[4]

13

15

Average Daily Payer Conversion Rate[5]

2.5

%

2.1

%

Average 7D Retention Rate[6]

8.7

%

10.2

%

[1] Average Monthly Active Users, or Average MAUs, is defined as the number of individual users who play a game during a particular month.

[2] Average Daily Active Users, or Average DAUs, is defined as the number of individual users who play a game on a particular day.

[3] Average Revenue Per Daily Active User, or ARPDAU, is calculated by dividing revenue generated during a specific period by the Average DAU for that period, then further dividing by the number of days in the period.

[4] Average Daily Paying Users, or Average DPUs, is defined as the number of individuals who made a purchase in a game during a particular day.

[5] Average Daily Payer Conversion Rate is calculated by dividing Average DPUs for a specific period by the Average DAUs for that period.

[6] Average Day Seven Retention Rate is calculated by dividing the number of new users who continue using the app on the seventh day after installation for a specific period by the total number of new users for that period.

Mr. Feng Xie, founder and chairman of Gamehaus, commented: "We are pleased with our second quarter results, which demonstrate continued progress in our transition toward a more efficient and sustainable operating model. Revenue of $26.3 million came in near the upper end of ourrevenue forecast for the second quarter, and more importantly, net income grew approximately 151% period-over-period while operating margin expanded to 3.3% from 0.8% in the year-ago period. These improvements reflect the cumulative impact of the disciplined adjustments we have made across our cost structure, user acquisition strategy, and product portfolio over the past several quarters. Looking ahead, we are advancing a diversified product pipeline across both RPG and Puzzle genres, with multiple titles moving into active development and scheduled launches. We remain focused on strengthening our platform capabilities and leveraging AI-driven efficiencies to position us for our next phase of growth."

Second Quarter of Fiscal Year 2026 Unaudited Financial Results

Revenue

Total revenue was US$26.3 million in the second quarter of fiscal year 2026, decreasing 7.8% from US$28.5 million in the second quarter of fiscal year 2025. The decline primarily resulted from the Company's reduction in user acquisition spending, which was a strategic move to optimize resource allocation and redirect investment toward the development of new game categories and upcoming projects, as well as their subsequent launch and promotion, aiming to strengthen the Company's game portfolio and support sustainable long-term growth.

Advertising costs decreased by 18.9% in the second quarter of fiscal year 2026 compared to the second quarter of fiscal year 2025, resulted in reduced traffic and user acquisition, which in turn affected revenue performance. In-app purchase revenue decreased 6.4% to US$23.9 million in the second quarter of fiscal year 2026 from US$25.5 million in the second quarter of fiscal year 2025, while advertising revenue was US$2.4 million in the second quarter of fiscal year 2026, compared to US$3.0 million in the second quarter of fiscal year 2025. These headwinds were partially offset by enhanced in-game content and live-ops features, which continued to drive engagement and monetization among the Company's existing player base.

Additionally, the Company is actively expanding its pipeline of games, with new titles in the Puzzle and RPG genres currently in the development and testing phase. The Company strategically allocated marketing budgets to support these products and intends to launch extensive promotional campaigns upon their commercial release.

Operating Costs and Expenses

Total operating costs and expenses were US$25.4 million in the second quarter of fiscal year 2026, representing a 10.1% reduction from US$28.3 million in the second quarter of fiscal year 2025.

Cost of revenue decreased by 10.2% to US$12.2 million in the second quarter of fiscal year 2026, from US$13.5 million in the second quarter of fiscal year 2025. The decrease was primarily due to lower platform fees and reduced profit-sharing payments to game developers. Research and development expenses increased 7.5% to US$2.1 million in the second quarter of fiscal year 2026, from US$2.0 million in the second quarter of fiscal year 2025. The increase was mainly attributable to the Company's strategic collaborations with multiple developers throughout the development and testing phases. Selling and marketing expenses decreased by 18.4% to US$9.7 million in the second quarter of fiscal year 2026, from US$11.9 million in the second quarter of fiscal year 2025. The reduction was primarily driven by a US$2.1 million decline in advertising costs related to player acquisition and retention, consistent with the Company's strategy to scale back promotional spending amid volatile ad performance across major platforms and to optimize efficiency for mature titles. General and administrative expenses were US$1.4 million in the second quarter of fiscal year 2026, representing an increase of 65.5% from US$0.9 million in the second quarter of fiscal year 2025. The increase was primarily attributable to higher salary expenses primarily associated with the Company's efforts to improvecorporate governance, financial reporting, and investor relations capabilities as a public company, as well as the strengthening of the management team and key functional roles as part of its strategic workforce planning to support business expansion and long-term growth. Operating Income

Operating income was US$0.9 million in the second quarter of fiscal year 2026, compared to US$0.2 million in the second quarter of fiscal year 2025. Operating margin was 3.3% in the second quarter of fiscal year 2026, compared to 0.8% in the second quarter of fiscal year 2025.

Other Income, Net

Other income, net, which mainly included the Company's non-operating income and expenses, interest income and expenses, investment income (loss), and other income and expenses, was US$0.1 million in the second quarter of fiscal year 2026, compared to US$0.2 million in the second quarter of fiscal year 2025.

Net Income

Net income was US$0.9 million for the second quarter of fiscal year 2026, compared to US$0.4 million in the second quarter of fiscal year 2025. Net income attributable to Gamehaus Holdings Inc.'s shareholders per ordinary share was US$0.02 for the second quarter of fiscal year 2026, compared to US$0.01 in the second quarter of fiscal year 2025.

Cash and Cash Equivalents

Cash and cash equivalents were US$17.4 million as of December 31, 2025, compared to US$15.2 million as of June 30, 2025, which the Company believes is sufficient to meet its current liquidity and working capital needs for the next 12 months.

Business Outlook

For the third quarter of fiscal year 2026 ending March 31, 2026, the Company expects its total revenue to be in the range of approximately US$24 million to US$26 million. This forecast reflects the Company's current and preliminary view of its expected financial performance, business situation and market condition, which is subject to change.

Recent Development

Share Repurchase Plan Update

In August 2025, the board of directors of the Company approved a share repurchase plan, pursuant to which the aggregate value of Class A ordinary shares authorized for repurchase under the plan through August 28, 2026 shall not exceed US$5 million. Repurchases may be made from time to time through open market transactions at prevailing market prices, in privately negotiated transactions, in block trades, and/or through other legally permissible means, including through the use of trading plans, intended to qualify under Rule 10b-18 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions and subject to market conditions and in accordance with applicable federal securities laws. The timing and actual amount of repurchases will be determined at the discretion of the Company's management, based on factors including share price, trading volume, market conditions, business outlook, and capital allocation priorities. 

As of December 31, 2025, the Company had repurchased approximately 370,000 of its Class A ordinary shares for approximately US$459,000.

Conference Call Information

The management team of Gamehaus will host a conference call at 08:00 A.M. Eastern Time on Monday, March 23, 2026 (08:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this conference including a conference passcode, a unique PIN number (personal access code), dial-in numbers, and an e-mail with detailed instructions to join the conference call.

Participant Online Registration: https://dpregister.com/sreg/10207119/10368ff0a4d

A live and archived webcast of the conference call will be available on the Company's Investor Relations website at https://ir.gamehaus.com/.

About Gamehaus

Gamehaus Holdings Inc. is a technology-driven global mobile game publisher dedicated to bridging creative studios and players worldwide. With a portfolio spanning mid-core and casual games, Gamehaus delivers full-stack publishing support across market insights, user growth, live-ops, data analytics and monetization optimization. With a vision to be the go-to partner for creative teams, the company specializes in combining global publishing reach with AI- and data-powered solutions to help partners build lasting success. For more information, please visit https://ir.gamehaus.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's business plan and outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may", or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results due to various risks and uncertainties, including but not limited to those described under the "Risk Factors" section in the Company's annual report on Form 20-F filed with the U.S. Securities and Exchange Commission.

Investor Relations Contact

Gamehaus Holdings Inc.
Investor Relations Team
Email: [email protected] 

The Blueshirt Group
Mr. Jack Wang
Email: [email protected] 

GAMEHAUS HOLDINGS INC. AND ITS SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(Amount in USD dollars, except for number of shares or otherwise noted)

As of

December 31,

2025

June 30,

2025

(Unaudited)

(Audited)

ASSETS

CURRENT ASSETS:

Cash and cash equivalents

$

17,355,214

$

15,234,745

Short-term investments

2,609,549

1,345,154

Accounts receivable

9,876,025

10,423,418

Advanced to suppliers

9,737,823

9,442,382

Prepaid expenses and other current assets

3,599,492

3,128,788

TOTAL CURRENT ASSETS

43,178,103

39,574,487

NON-CURRENT ASSETS:

Plant and equipment, net

142,139

124,503

Intangible assets, net

4,619,603

5,001,523

Right-of-use assets, net

332,610

512,647

Equity investments

1,951,542

1,995,021

TOTAL NON-CURRENT ASSETS

7,045,894

7,633,694

TOTAL ASSETS

$

50,223,997

$

47,208,181

LIABILITIES

CURRENT LIABILITIES:

Short-term borrowing

$

286,000

$

-

Accounts payable

10,112,213

10,752,234

Contract liabilities

1,711,540

1,871,120

Accrued expenses and other current liabilities

1,473,620

903,252

Lease liabilities

262,856

463,064

Taxes payable

75,570

51,599

TOTAL CURRENT LIABILITIES

13,921,799

14,041,269

NON-CURRENT LIABILITY:

Lease liabilities

33,090

58,517

TOTAL NON-CURRENT LIABILITY

33,090

58,517

TOTAL LIABILITIES

$

13,954,889

$

14,099,786

SHAREHOLDERS' EQUITY:

Class A ordinary shares (par value of $0.0001 per share;
900,000,000 shares authorized, 49,520,156 and 37,971,245 shares
issued and outstanding as of December 31, 2025 and June 30, 2025,
respectively)

4,952

3,797

Class B ordinary shares (par value of $0.0001 per share;
100,000,000 shares authorized, 7,799,057 and 15,598,113 shares
issued and outstanding as of December 31, 2025 and June 30, 2025,
respectively)

780

1,560

Additional paid-in capital

10,953,826

10,954,201

Treasury Stock

(458,738)

-

Retained earnings

26,435,808

23,543,001

Accumulated other comprehensive loss

(423,266)

(1,276,222)

TOTAL GAMEHAUS HOLDING INC'S SHAREHOLDERS'
EQUITY

36,513,362

33,226,337

Non-controlling interests

(244,254)

(117,942)

TOTAL SHAREHOLDERS' EQUITY

36,269,108

33,108,395

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

$

50,223,997

$

47,208,181

GAMEHAUS HOLDINGS INC. AND ITS SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

AND COMPREHENSIVE INCOME

(Amount in USD dollars, except for number of shares or otherwise noted)

For the

Three Months Ended

December 31,

For the
Six Months Ended

December 31,

2025

2024

2025

2024

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

REVENUE

$

26,295,028

28,518,928

$

54,033,904

$

58,488,446

OPERATING COST AND EXPENSES

   Cost of revenue

(12,155,827)

(13,542,268)

(25,438,752)

(27,565,976)

   Research and development expenses

(2,131,820)

(1,983,658)

(3,311,498)

(2,985,550)

   Selling and marketing expenses

(9,728,443)

(11,914,898)

(20,570,983)

(24,450,883)

   General and administrative expenses

(1,408,092)

(850,824)

(2,841,247)

(1,763,336)

OPERATING INCOME

$

870,846

$

227,280

$

1,871,424

$

1,722,701

OTHER INCOME (EXPENSES):

    Investment income (loss), net

(122,761)

24,668

557,325

5,225

    Interest income

160,652

124,896

335,284

279,386

    Other income, net

32,755

65,102

40,399

52,161

        Total other income, net

70,646

214,666

933,008

336,772

INCOME BEFORE INCOME TAXES

941,492

441,946

2,804,432

2,059,473

INCOME TAXES EXPENSES

(25,792)

(77,406)

(38,270)

(128,236)

NET INCOME

915,700

364,540

2,766,162

1,931,237

Less: net loss attributable to non-controlling interests

(63,206)

(38,950)

(126,645)

(29,502)

NET INCOME ATTRIBUTABLE TO
  GAMEHAUS HOLDINGS INC'S
  SHAREHOLDERS

978,906

403,490

2,892,807

1,960,739

OTHER COMPREHENSIVE INCOME

Net income

915,700

364,540

2,766,162

1,931,237

Foreign currency translation adjustment, net of tax

1,172,520

1,428,152

853,289

(180,335)

TOTAL COMPREHENSIVE INCOME

$

2,088,220

$

1,792,692

$

3,619,451

$

1,750,902

Less: total comprehensive loss attributable to non-
   controlling interests

(62,927)

(38,304)

(126,312)

(28,495)

TOTAL COMPREHENSIVE INCOME
   ATTRIBUTABLE TO GAMEHAUS
   HOLDINGS INC'S SHAREHOLDERS

2,151,147

1,830,996

3,745,763

1,779,397

BASIC AND DILUTED EARNINGS PER
   SHARE:

Net income attributable to Gamehaus Holdings Inc's
   shareholders per share

    Basic and diluted

$

0.02

$

0.01

$

0.05

$

0.04

Weighted average shares outstanding used in
   calculating basic and diluted income per share

Basic and diluted

$

53,310,709

$

50,000,000

$

53,437,778

$

50,000,000

* Presented on a retroactive basis to reflect the reverse recapitalization.

SOURCE Gamehaus Holdings Inc.

March 23, 2026 06:04 ET  | Source: Dimensional Fund Advisors Ltd

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1.KEY INFORMATION   (a)Full name of discloser:Dimensional Fund Advisors Ltd. whose parent is Dimensional Fund Advisors LP, and also on behalf their investment advisory affiliates (“Dimensional”). The Dimensional entities are investment advisors and Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3. (b)Owner or controller of interests and short positions disclosed, if different from 1(a):
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)Name of offeror/offeree in relation to whose relevant securities this form relates:
Use a separate form for each offeror/offereeJust Group PLC (d)If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)Date position held/dealing undertaken:
For an opening position disclosure, state the latest practicable date prior to the disclosure20 March 2026 (f)In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state “N/A”N/a   2.POSITIONS OF THE PERSON MAKING THE DISCLOSURE   If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a)Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)   Class of relevant security:10p ordinary (GB00BCRX1J15)  InterestsShort Positions  Number%Number% (1)Relevant securities owned and/or controlled:22,782,0662.19 %   (2)Cash-settled derivatives:     (3)Stock-settled derivatives (including options) and agreements to purchase/sell:      Total22,782,066 *2.19 %   * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 90,868 shares that are included in the total above.   All interests and all short positions should be disclosed.Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

     (b)Rights to subscribe for new securities (including directors’ and other employee options)   Class of relevant security in relation to which subscription right exists:  Details, including nature of the rights concerned and relevant percentages:    3.DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE   Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.The currency of all prices and other monetary amounts should be stated.

 (a)Purchases and sales   Class of relevant securityPurchase/saleNumber of securitiesPrice per unit 10p ordinary (GB00BCRX1J15)Sale3,5952.1750 GBP   (b)Cash-settled derivative transactions   Class of relevant securityProduct description e.g. CFDNature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short positionNumber of reference securitiesPrice per unit         (c)Stock-settled derivative transactions (including options) (i)Writing, selling, purchasing or varying Class of relevant securityProduct description e.g. call optionWriting, purchasing, selling, varying etc.Number of securities to which option relatesExercise price per unitType e.g. American, European etc.Expiry dateOption money paid/ received per unit          (ii)Exercise   Class of relevant securityProduct description e.g. call optionExercising/ exercised againstNumber of securitiesExercise price per unit         (d)Other dealings (including subscribing for new securities)        Class of relevant securityNature of dealing e.g. subscription, conversionDetailsPrice per unit (if applicable)        4.OTHER INFORMATION   (a)Indemnity and other dealing arrangements   Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none” None   (b)Agreements, arrangements or understandings relating to options or derivatives   Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none” None   (c)Attachments   Is a Supplemental Form 8 (Open Positions) attached?NO   Date of disclosure23 March 2026 Contact nameThomas Hone Telephone number+44 20 3033 3419    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

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KELLOGG, Idaho and VANCOUVER, British Columbia, March 23, 2026 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX-V: BNKR | OTCQB: BHLL) announced today that it has received approval for listing of the Company’s shares of common stock (the “Common Shares”) on the Toronto Stock Exchange (the “TSX”) and remains on track for the restart of operations in June 2026.

Sam Ash, President and Chief Executive Officer of Bunker Hill Mining, said: "We are proud to announce Bunker Hill’s graduation to the Toronto Stock Exchange (TSX). This marks another milestone in the turnaround journey started by our new leadership team in 2020 and reflects the significant progress we have made in building a strong, sustainable and modern business.

"Graduating to this senior exchange is more than just a change in listing. It reflects the inherent strength of the Bunker Hill mine, the quality of the operating team and our commitment to the highest standards of corporate governance, transparency and financial discipline.

"As our operations team works diligently to deliver a safe restart of operations in June, trading on this platform strengthens our profile in the global investment community, increases our visibility among long-term institutional investors, and enhances trading liquidity.

"Whilst the markets get buffeted by the dramatic and important events in the Middle East, temporarily depressing valuations, our team remains focused on the restart, on our new exploration activity and on maximizing value for our shareholders through 2026 and beyond."

The Common Shares are expected to begin trading on the TSX effective as of commencement of trading on March 25, 2026 (the “Listing Date”). Upon listing on the TSX, the Common Shares will continue to trade under the ticker symbol “BNKR”. In conjunction with the graduation to the TSX, the Common Shares will be concurrently delisted from the TSX Venture Exchange (the “TSXV”) prior to commencement of trading on the TSX. Holders of the Common Shares are not required to take any action in connection with the graduation to the TSX.

RESTART ON TRACK FOR JUNE

The project – construction and commissioning – is now 87% complete and is on track for the restart of operations in June 2026. The processing plant is conducting the final phases of dry commissioning ahead of schedule, as the electrical system and final piping are installed within the Tailings Filter Press. Hiring continues at pace, with new team members arriving every week.

At the Wardner Mining base, adjacent to the Russell Portal and the mine entrance, the concrete has been poured for the Paste Plant, which has now arrived in Seattle, from Australia, and will be driven to the site over the next week. All underground development continues ahead of schedule, with the main ramp expected to hit the 9-Level, joining with the Kellogg Tunnell in April.

Figure 1 – Phased dry commissioning of the Kellogg-based processing facility continues ahead of schedule

ABOUT BUNKER HILL MINING CORP.

Bunker Hill is an American mineral exploration and development company focused on revitalizing our historic mining asset: the renowned zinc, lead, and silver deposit in northern Idaho’s prolific Coeur d’Alene mining district (the “Bunker Hill Mine”). This breathes new life into a once-productive mine, leveraging modern exploration techniques and sustainable development practices to unlock the potential of this mineral-rich asset. Bunker Hill Mining Corp. aims to maximize shareholder value while responsibly harnessing the mineral wealth in the Silver Valley mining district by concentrating our efforts on this single, high- potential asset. Information about the Company is available on its website at www.bunkerhillmining.com or in the SEDAR+ and EDGAR databases.

On behalf of Bunker Hill Mining Corp.

Sam Ash
President and Chief Executive Officer

For additional information, please contact:

Brenda Dayton
Vice President, Investor Relations
T: 604.417.7952
E: [email protected]

Cautionary Statements

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

Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the U.S. Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, as well as within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “plan” or variations of such words and phrases.

Forward-looking statements in this news release include, but are not limited to, statements regarding the Listing Date and the timing of delisting from the TSXV; statements relating to the construction of the Bunker Hill Mine and related onsite developments; the Company’s ability to complete the construction of the Bunker Hill Mine and move it to commercial production in a manner that maximizes shareholder value.

Forward-looking statements reflect material expectations and assumptions, including, without limitation, expectations and assumptions relating to: Bunker Hill’s ability to receive sufficient project financing for the construction of the Bunker Hill Mine on an acceptable timeline, on acceptable terms, or at all; our ability to service our existing debt and meet the payment obligations thereunder; further drilling and geotechnical work supporting the planned restart and operations at the Bunker Hill Mine; the future price of metals; and the stability of the financial and capital markets. Factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, those risks and uncertainties identified in public filings made by Bunker Hill with the U.S. Securities and Exchange Commission (the “SEC”) and with applicable Canadian securities regulatory authorities, and the following: Bunker Hill’s ability to operate as a going concern and its history of losses; Bunker Hill’s inability to raise additional capital for project activities, including through equity financings, concentrate offtake financings or otherwise; the fluctuating price of commodities; capital market conditions; restrictions on labor and its effects on international travel and supply chains; failure to identify mineral resources; further geotechnical work not supporting the continued development of the Bunker Hill Mine or the results described herein; failure to convert estimated mineral resources to reserves; the preliminary nature of metallurgical test results; the Company’s ability to raise sufficient project financing, on acceptable terms or at all, to restart and develop the Bunker Hill Mine and the risks of not basing a production decision on a feasibility study of mineral reserves demonstrating economic and technical viability, resulting in increased uncertainty due to multiple technical and economic risks of failure which are associated with this production decision including, among others, areas that are analyzed in more detail in a feasibility study, such as applying economic analysis to resources and reserves, more detailed metallurgy and a number of specialized studies in areas such as mining and recovery methods, market analysis, and environmental and community impacts and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit, with no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved; the Company requiring additional capital expenditures than anticipated, resulting in delays in the expected restart timeline; failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations; failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; political risks; changes in equity markets; uncertainties relating to the availability and costs of financing needed in the future; the inability of the Company to budget and manage its liquidity in light of the failure to obtain additional financing, including the ability of the Company to complete the payments pursuant to the terms of the agreement to acquire the Bunker Hill Mine complex; inflation; changes in exchange rates; fluctuations in commodity prices; delays in the development of projects; and capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements in this news release are reasonable, undue reliance should not be placed on such statements or information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all, including as to whether or when the Company will achieve its project finance initiatives, or as to the actual size or terms of those financing initiatives, or whether and when the Company will achieve its operational and construction targets. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Readers are cautioned that the foregoing risks and uncertainties are not exhaustive. Additional information on these and other risk factors that could affect the Company’s operations or financial results are included in the Company’s annual report and may be accessed through the SEDAR+ website (www.sedarplus.ca) or through EDGAR on the SEC website (www.sec.gov).

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a07ce5b3-6d63-42fb-b82f-065191fb59bb

March 23, 2026 06:16 ET  | Source: Shore Capital Stockbrokers Limited

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

(a)        Name of exempt principal trader:Shore Capital Stockbrokers Ltd(b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
        Use a separate form for each offeror/offereeCAB Payments Holdings Plc(c)        Name of the party to the offer with which exempt principal trader is connected:CAB Payments Holdings Plc(d)        Date dealing undertaken:20 March 2026(e)        Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?No 2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

(a)        Purchases and sales

Class of relevant securityPurchases/ sales Total number of securitiesHighest price per unit paid/receivedLowest price per unit paid/receivedOrdinaryPurchases33,44791.475p90.1pOrdinarySales33,44491.9885p90.4p (b)        Derivatives transactions (other than option)

Class of relevant securityProduct description
e.g. CFDNature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short positionNumber of reference securitiesPrice per unit      (c)        Options transactions in respect of existing securities

(i)        Writing, selling, purchasing or varying

Class of relevant securityProduct description e.g. call optionWriting, purchasing, selling, varying etc.Number of securities to which option relatesExercise price per unitType
e.g. American, European etc.Expiry dateOption money paid/ received per unit         (ii)        Exercising

Class of relevant securityProduct description
e.g. call optionNumber of securitiesExercise price per unit     (d)        Other dealings (including subscribing for new securities)

Class of relevant securityNature of dealing
e.g. subscription, conversionDetailsPrice per unit (if applicable)     The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

3.        OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
If there are no such agreements, arrangements or understandings, state “none”None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
(i)        the voting rights of any relevant securities under any option; or
(ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”None

Date of disclosure:23 March 2026Contact name:Justin BallTelephone number:0207 601 6116 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Gold prices dropped to less than $4,400 an ounce on Monday as they fell for a fourth week. The precious metal fell by 3.8% to near $4,320.30 an ounce as it erases its previous gains.

This comes as the U.S.-Iran war continues to worsen. President Donald Trump recently threatened to strike Iran's power plants if they did not reopen the Strait of Hormuz. In response, Iran threatened to attack important US and Israeli installations in the region if its energy facilities are hit.

Last time, the value of gold declined as sharply as this in a week was in 1983. In that year, oil-producing countries in the Middle East sold their gold reserves as their oil revenues declined. The same region has caused a similar crash in the market as it did over 40 years ago.

The key question now is, how did this derail gold's earlier bullish run? While we have enjoyed record highs in the asset since last year, it is now falling faster than expected. In other words, how exactly are the Middle East oil tensions actually weighing the precious metal down ?

Why Exactly Do Gold Prices Drop When Oil Tensions RiseNormally, in times of turmoil, investors tend to invest in gold, as it is expected that it will hold its value in case of a rise in inflation, a fall in currencies, or a crisis.

However, rising energy prices due to the Middle East conflict are causing central banks across the globe to reassess their interest rate outlook. The factor is particularly important because of its impact on assets.

This is mainly because gold does not pay interest. With a rise in real yields and the dollar, gold becomes increasingly less attractive compared to Treasury bonds. The 10-year yields rose to 4.2 % this week. The Dollar Index also rose to 99.9. This has negated whatever safe-haven appeal the conflict might have created.

Also, in times of major energy crises, the stock markets tend to panic. Large investors, in times of “margin calls” (losses in their existing investments), sell their gold, which is a liquid asset easily convertible to cash in an instant, to pay off their dues.

Fed's Reaction to Oil Shocks Could Crush GoldThe 80% jump in oil prices since the conflict began has definitely created a new inflation shock for global economies, which had been finding it difficult to get inflation under control.

This has left central banks and the Fed in a tricky position. This is higher oil prices translate directly into higher consumer prices, which means inflation will be more persistent, keeping interest rates higher for longer.

Traders now think the Federal Reserve will keep interest rates steady this year, which will boost bonds as an attractive investment but hurt gold, which does not pay investors anything.

Usually, Fed interest rates have a major impact on the markets. The Fed has kept its interest rates steady for the second meeting running. Traders are now betting that there will be no further interest rate cuts this year, according to the CME FedWatch tool.

Gold prices went through the roof during the last fall as the Fed cut its interest rates three times consecutively. Now, Fed interest rates are expected to remain steady for a few more months, which has caused bond yields to rise, making gold less attractive as an investment.

Gold rose by 64% in 2025, its best performance since 1979. The precious metal touched $5,000 an ounce for the first time in January.

Quite frankly, this hype is rapidly dying down. The rally in gold in recent months has been partly driven by retail investors jumping on the bandwagon. But the asset has been behaving more like a meme coin than a safe haven as at press time.

Also, Gold ETFs have lost over 60 tonnes in the last three weeks. The institutional selling is real, not just profit-taking. In fact, some analysts have termed the current gold price movement as “suspended in open air.”

On the other hand, some analysts have pointed out that the funds invested in gold’s rally to $1,500 in 2025 were not invested in a long-term bet. They were invested in the momentum trade, which is now leaving. Historically, this has been a catalyst for upward price moves in the asset.

When the metal prices fall sharply, retail investors sell, hedge funds cover their margins, and the media announces the end of the rally. Central banks, however, continue to buy.

For instance, when gold declined by 20% from its peak in 2022, central banks responded by buying 1,082 tonnes. In 2023, when interest rates rose and ETF investors reduced their holdings, Central banks stepped in to fill the gap. In 2024, they added another 1,045 tonnes.

Interestingly, the major bank forecasts are still bullish. J.P. Morgan (JPM) predicted a year-end price of $6,300 for 2026, driven by central bank demand and ETF inflows. Wells Fargo also forecasted a range of $6,100 to $6,300. Essentially, this suggests its rebound might be as strong as its decline.

Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.

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Absci Corporation (ABSI) 2026 KeyBanc Capital Markets Healthcare Virtual Forum March 17, 2026 1:30 PM EDT

Company Participants

Zachariah Jonasson - Chief Business Officer & CFO
Alexander Khan - CVP of Finance & Head of Investor Relations

Conference Call Participants

Scott Schoenhaus - KeyBanc Capital Markets Inc., Research Division

Presentation

Scott Schoenhaus
KeyBanc Capital Markets Inc., Research Division

Welcome, everyone, to our Virtual Health Care Forum. My name is Scott Schoenhaus. I'm the health care tech analyst here at KeyBanc. Happy to have Absci join us for our fireside chat. We have Zach Jonasson, CFO; and Alex Kahn, VP of Investor Relations. Thank you both for joining.

Question-and-Answer Session

Scott Schoenhaus
KeyBanc Capital Markets Inc., Research Division

I guess Zach and Alex, I'll pass the floor to you. Maybe give a brief high-level high-level background on Absci for anyone that's new to our fireside chat.

Zachariah Jonasson
Chief Business Officer & CFO

Sure. And first off, thanks for having us, Scott. We really appreciate it. I appreciate the opportunity to have the discussion. Zach Jonasson, I'm the CFO. I guess a quick high level on Absci. We're using generative AI to design antibody-based therapeutics. And we've been focused on this problem for the past 4 to 5 years, leveraging a lot of our own sort of lab-in-the-loop process to advance our model development. And I think what's really exciting about where we are today is, we're not just designing molecules in silico. We're not just making kits. We're actually making molecules that we're advancing into the clinic. And so we have a lead program, our flagship program today.

ABS-201 is an AI designed antibody targeting the prolactin receptor. We think it's got very good developability, very strong characteristics, good half-life and we are advancing that currently in a Phase I/IIa study in androgenetic

BEIJING, March 23, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) today announced the continued execution of its share repurchase program, utilizing around RMB34.5 million to repurchase 733,918 ordinary shares on March 20. Year-to-date in 2026, the Company has deployed around RMB380 million toward share repurchases. This move underscores the Company's ongoing commitment to shareholder returns.

On March 18, 2026, the Company’s board of directors (the “Board”) approved amendments to the existing share repurchase program, increasing the total authorization under the program to repurchase up to US$400 million of the Company's shares (including ADSs) over the extended term of the program through August 28, 2027, in a sign of confidence about the Company's continued growth.

The Company also announced on March 18, 2026 that for each of the next three years starting from 2026, it will allocate no less than 50% of the Company’s adjusted net income (a non-GAAP financial measure) of the preceding fiscal year for distribution of dividends and share repurchases. The Board may adjust its share repurchase and dividend plan at its discretion based on financial performance, capital requirements, market conditions, and other relevant factors, and will provide timely updates to shareholders of the Company as and when appropriate in accordance with applicable laws and regulations.

These initiatives underscore the management’s confidence in the Company’s long-term growth and reflect its strong commitment to sharing its growth with shareholders, delivering sustainable value and reinforcing its dedication to shareholder returns.

March 23, 2026

John DeFord proposed as new member of the Supervisory Board.Paul Stoffels, Herna Verhagen and Sanjay Poonen proposed for re-appointment as members of the Supervisory Board.Marc Harrison will step down from Philips’ Supervisory Board after his second term.Roy Jakobs proposed for re-appointment as President/CEO and Chairman and member of the Board of Management, as previously announced. Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced a proposed Supervisory Board appointment and re-appointments, in addition to the previously announced proposal to re-appointment its President/CEO.

The Supervisory Board will submit to the Annual General Meeting of Shareholders 2026 a proposal to appoint John DeFord (American, 1962) as a new member of the Supervisory Board.

The recommendation for this appointment is based on his extensive experience in the medical device industry as a global technology leader and his deep expertise in regulatory affairs, and quality systems, particularly in the US, as well as his strong track record in innovation and product development.

Mr DeFord currently serves as Chairman and Chief Executive Officer of Samothrace Medical Innovations (since 2021). Until 2021, he was Chief Technology Officer at Becton Dickinson, following senior leadership roles at C.R. Bard. He currently holds non-executive board positions at Nordson Corporation, Globus Medical, Inc., Maravai LifeSciences Holdings, Inc., and Enable Injections Inc.

The Supervisory Board will also submit proposals for the re-appointment of Paul Stoffels (Belgian, 1962), Herna Verhagen (Dutch, 1966) and Sanjay Poonen (American, 1969) as members of the Supervisory Board.

These re-appointments will be recommended given the nominees’ valuable contributions to the Supervisory Board and as proven global business leaders with strong track records across medical and health technology, and digital transformation. Their expertise and leadership will remain of great value as Philips continues to advance its strategic priorities, including innovation, patient safety and disciplined execution, to enable better care for more people.

Marc Harrison (American, 1964), whose second term will expire at the end of the AGM 2026, will step down as member of the Supervisory Board. Mr Harrison joined the Supervisory Board in 2018 and has served two consecutive terms.

Mr Feike Sijbesma, Chairman of Philips’ Supervisory Board, said: “On behalf of the Supervisory Board and the Board of Management, I would like to express our sincere gratitude to Marc Harrison for his valuable counsel and contributions over the past eight years. We welcome John DeFord to Philips’ Supervisory Board. He is a highly regarded global technology leader with extensive experience as a senior MedTech executive, bringing interventional domain knowledge and deep expertise in innovation, technical, regulatory, quality, and U.S. FDA matters.

We recommend the re-appointment of Paul Stoffels, Herna Verhagen and Sanjay Poonen, whose continued service and with their exceptional expertise will further strengthen the Supervisory Board. We are grateful for their ongoing commitment and contributions.”

As previously announced on February 10, 2026, Roy Jakobs (Dutch/German, 1974) is proposed by the Supervisory Board to be re-appointed as its President/CEO and Chairman and member of the Board of Management. The proposal to re-appoint Roy Jakobs reflects the Supervisory Board’s recognition of the progress made since 2022 and its confidence in his leadership as Philips enters the next phase of driving profitable growth. 

More information about the Annual General Meeting 2026, which will be held on May 8, 2026, will be published later today. Additional information about the Board of Management and the Supervisory Board can be found here.

For further information, please contact:

Michael Fuchs
Philips Global External Relations
Tel.: +31 614869261
E-mail: [email protected]

Dorin Danu
Philips Investor Relations
Tel.: +31 20 59 77055
E-mail: [email protected]

About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home.

Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2025 sales of EUR 18 billion and employs approximately 64,800 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Forward-looking statements
This release contains certain forward-looking statements with respect to the financial condition, results of operations and business of Philips and certain of the plans and objectives of Philips with respect to these items. Examples of forward-looking statements include statements made about the strategy, estimates of sales growth, future EBITA, future developments in Philips’ organic business and the completion of acquisitions and divestments. By their nature, these statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these statements.

Roy Jakobs John DeFord Paul Stoffels Herna Verhagen Sanjay Poonen

Over 3,500 companies have chosen to go public through the Nasdaq stock exchange. The Nasdaq-100 index tracks the performance of the top 100 (by value) companies, excluding banks and other financial institutions.

Since the technology sector is home to more trillion-dollar companies than any other sector, it boasts a dominant weighting of almost 60% in the Nasdaq-100. That means companies at the cutting edge of industries like artificial intelligence (AI) have a significant influence over the performance of the index, which is why it typically delivers higher returns than more diversified indexes like the S&P 500.

But that can also be a recipe for volatility. The Nasdaq-100 is currently trading down 8.8% from its all-time high amid rising economic uncertainty and geopolitical tensions, whereas the S&P 500 has declined by a lesser 7%.

The Invesco QQQ Trust (QQQ 1.85%) is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 by holding the same stocks and maintaining similar weightings. Is the recent sell-off a buying opportunity for investors? Here's what history says.

Image source: Getty Images.

Tech stocks tend to lead the market higher The Nasdaq-100 (and by extension, the Invesco QQQ ETF) invests across 10 different economic sectors, but as I mentioned earlier, almost 60% of the value of its entire portfolio is parked in technology stocks. The tech sector is home to five companies valued at $1 trillion or more, and four of them are among the top holdings in the Nasdaq-100:

Nvidia: $4.2 trillion Apple: $3.64 trillion Microsoft: $2.84 trillion Taiwan Semiconductor Manufacturing: $1.71 trillion (not in the Nasdaq-100, because it's listed on the New York Stock Exchange) Broadcom: $1.47 trillion Over the last decade, Nvidia, Apple, Microsoft, and Broadcom have delivered an eye-popping median return of 1,400%. They contributed to a 452% return in the Nasdaq-100 over that period, which was twice the return of the S&P 500.

Data by YCharts.

The Nasdaq-100 also holds large positions in other trillion-dollar giants like Alphabet, Amazon, Tesla, and Meta Platforms. They don't fall into the tech sector specifically, but they are extremely active in emerging industries like artificial intelligence (AI), and their respective stocks have also delivered blistering returns over the last decade.

There are many up-and-coming stocks that could also help drive the Nasdaq-100 higher over the long term:

Advanced Micro Devices, which competes with Nvidia in the market for AI data center chips. Micron Technology, which supplies data center memory hardware to both Nvidia and AMD Palantir Technologies, which developed a series of AI-powered software platforms to help organizations extract maximum value from their internal data. Netflix, which operates the world's largest streaming service for movies and television shows. CrowdStrike, which developed an AI-powered, all-in-one cybersecurity platform for enterprises.

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There is rarely a bad time to invest Volatility is a normal part of the investing journey. Enduring stock market declines is the price of admission for an opportunity to earn significant returns over the long term. The Nasdaq-100 has experienced five bear markets since the Invesco QQQ ETF was established in 1999, which are defined by peak-to-trough declines of 20% or more.

Each bear market was caused by an entirely different event, like the bursting of the dot-com bubble in the year 2000, the global financial crisis in 2008, the COVID-19 pandemic in 2020, the inflation crisis in 2022, and the Trump administration's "Liberation Day" tariffs in 2025. In other words, it's practically impossible to predict when the stock market might slip into bear territory, so staying the course -- even during the most unsettling periods -- is the secret to success.

In fact, the Invesco ETF has still produced a compound annual return of 10.3% since 1999, even after accounting for every sell-off, correction, and bear market along the way. Plus, returns have accelerated to 20.3% per year over the last decade thanks to incredible growth in industries like cloud computing and AI. Therefore, investors who simply stayed in the market over the last 27 years would have done exceptionally well.

AI stocks are likely to continue driving the broader market higher, and with technologies like robotics, autonomous vehicles, and even quantum computing quickly gaining momentum, it's reasonable to expect the Invesco QQQ ETF to trend higher over the long term. As a result, now might be a great time to buy.

Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, CrowdStrike, Meta Platforms, Micron Technology, Microsoft, Netflix, Nvidia, Palantir Technologies, Taiwan Semiconductor Manufacturing, and Tesla and is short shares of Apple. The Motley Fool recommends Broadcom and Nasdaq. The Motley Fool has a disclosure policy.

An employee holds Chinese Yuan notes next to an open cap of a car's fuel tank at a gas station ahead of an announced fuel price hike, amid the U.S.-Israeli conflict with Iran, in Beijing,... Purchase Licensing Rights, opens new tab Read more

BEIJING, March 23 (Reuters) - China intervened to cushion rising fuel prices on Monday, increasing regulated ceiling prices ​for retail gasoline and diesel but limiting the hike to ‌about half what would normally be applied under the government's pricing mechanism.

However, the adjustments brought on by rising oil prices linked to the U.S.-Israeli war on Iran were still ​the largest on record, lifting price limits close to levels ​seen in 2022 following Russia's invasion of Ukraine.

The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here.

China raised regulated ceiling prices for retail gasoline and diesel by the largest amount in a decade on Monday, following a surge in international oil prices amid the U.S.-Israeli war on Iran.The state planner, the ⁠National Development and Reform Commission, said on Monday it would raise the ​maximum retail prices for gasoline and diesel by 1,160 yuan ($167.93) per metric ​ton and 1,115 yuan per metric ton, respectively, starting from Monday midnight.

The NDRC reviews retail gasoline and diesel prices every 10 working days and applies adjustments reflecting changes ​in international crude oil prices, while taking into account average processing costs, ​taxes, distribution expenses, and appropriate profit margins.

Under the current pricing mechanism, gasoline and diesel ‌prices ⁠would have been set to rise by 2,205 yuan per metric ton, and 2,120 yuan per metric ton, respectively, according to NDRC.

"To cushion the impact, ease the burden on downstream users, and support economic and social ​stability, authorities introduced temporary ​controls within ⁠the existing pricing framework," the state's planner said in an announcement.

Oil prices rose on Monday after Iran's Revolutionary Guards said ​they would target Israel's power plants and those supplying ​U.S. ⁠bases in the Middle East in retaliation against any attack on its electricity sector.

Brent crude futures were up $1.57 to $113.76 a barrel by 0731 GMT. U.S. ⁠West Texas ​Intermediate was at $101.32 a barrel, up $3.09, or ​3.15%.

($1 = 6.9075 Chinese yuan)

Reporting by Sam Li and Lewis Jackson; Editing by Joe Bavier

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

Lewis is Reuters’ Chief Correspondent for China Commodities and Energy, based in Beijing. He leads a team covering agriculture, metals, and energy in the world's largest consumer of commodities. Before moving to China, he wrote for Reuters in Sydney.

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Par Petroleum (PARR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

High energy costs. High stock valuations. High volatility. It's enough to make an investor feel low.

The good news is that there are still plenty of great stocks to buy despite the market uncertainty. I'm talking about investing in companies with competitive advantages, financial strength, relatively low risk profiles, and strong growth prospects. Here are my picks for three of the best stocks to invest $1,000 in right now.

Image source: Getty Images.

1. Alphabet I firmly believe that Alphabet (GOOG 2.25%) (GOOGL 2.01%) is the best all-around artificial intelligence (AI) stock on the market. Pick an area within the broader AI arena -- large language models (LLMs), AI chips, self-driving cars, robotics, etc. Alphabet is a leader in practically all of them.

Alphabet's Google Cloud has become an overwhelming success. Its revenue skyrocketed 48% year over year in the fourth quarter of 2025, the fastest growth among the top three cloud service providers. Google Cloud is also highly profitable now, generating around 15% of Alphabet's total operating income in Q4.

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Of course, Alphabet still makes most of its money from advertising on Google Search, YouTube, and other platforms. Thanks in part to AI, the company's ad revenue continues to grow robustly. Integration of the Gemini AI model with Google Search in the AI Overviews and AI Mode functions has even boosted search traffic.

Alphabet is also one of the most attractively valued "Magnificent Seven" stocks, in my opinion. Its shares trade at less than 23 times projected 2027 earnings. This AI giant is a textbook example of a stock that offers growth at a reasonable price.

2. Chevron If there's any stock that's right for the moment, it's Chevron (CVX +0.14%). Iran's interference with shipping in the Strait of Hormuz has caused oil prices to skyrocket. So has Chevron's share price.

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However, Chevron isn't a great pick only because of the current geopolitical crisis. It ranks as the world's third-largest energy company by market cap. Chevron's scale and financial strength make it a reliable stock to own even when oil prices fluctuate.

Management targets double-digit adjusted free cash flow and earnings-per-share growth. Chevron is the largest player in the natural gas market, with strong growth prospects over the next few years. The company's acquisition of Hess gives it a significant opportunity to increase production in Guyana. Chevron is also uniquely positioned in Venezuela as the only major U.S. oil company to maintain a presence there over the years.

I can't talk about Chevron without mentioning its dividend. The company has increased its dividend for an impressive 39 consecutive years. Its dividend yield currently tops 3.5%. What if oil prices fall? No problem. Chevron can cover its dividend payments and all capital expenditures, even if oil prices sink below $50 per barrel.

3. Eli Lilly Investors often view big pharma stocks as safe ports in a storm. And there's no bigger pharma stock than Eli Lilly (LLY 1.18%).

Lilly's tremendous growth in recent years has been driven primarily by its GLP-1 drugs, Mounjaro and Zepbound, which treat Type 2 diabetes and obesity, respectively. These two drugs together generated a whopping $36.5 billion in sales last year. But they still have plenty of growth opportunities ahead.

Today's Change

(

-1.18

%) $

-10.80

Current Price

$

906.70

However, Lilly's fortunes don't hinge entirely on the diabetes and obesity markets. The company's breast cancer drug, Verzenio, is a megablockbuster. Lilly is also a major player in treating autoimmune diseases, Alzheimer's disease, and other indications.

The main knock against Lilly is its valuation. I think, though, that the drugmaker's growth potential justifies a premium price. While Lilly's shares trade at nearly 27 times projected 2026 earnings, the stock's forward earnings multiple based on 2030 earnings projections is only around 15x.

Meanwhile, Silver is also getting a bit of a kicking – it is down at 66.24, a 2.28% drop due to a stronger US dollar and rising Treasury yields sending it on the slide.

Central Banks are Waking Up and Getting Hawkish We’ve been saying it for a while now, but the Bank of Japan (BoJ) is finally starting to make some noises about tightening up their monetary policy, and it’s also warning that rising crude oil prices driven by tensions in the Middle East could see inflation start to rise again.

The Bank of England (BoE) is also getting a bit more aggressive – they’re thinking about hiking interest rates by April because of inflation linked to the Iran conflict. Meanwhile, the European Central bank (ECB) is saying it’s ready to act if inflation starts getting too high again, which they’re expecting could happen because of the ongoing tension.

So, all in all, the market is getting a pretty clear message from some of the world’s biggest central banks: get ready for some tighter money.

Fed’s Hawkish Outlook Keeps on Putting Pressure on Gold Back in the States, the Federal Reserve has upped its forecast for inflation due to higher energy prices – but the good news for those who like a bit of interest is that they’re only expecting one rate cut this year and another in 2027. This means, of course, US Treasury yields remain high, which in turn keeps the US dollar looking strong.

We’ve also got a bit of a situation brewing as US President Donald Trump is threatening Iran with attacks on its energy sector unless it opens the Strait of Hormuz within 48 hours. Iranians have responded by saying they’re going to strike back at key infrastructure in the region.

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

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

Schrödinger, Inc. (SDGR) 2026 KeyBanc Capital Markets Healthcare Virtual Forum March 17, 2026 9:00 AM EDT

Company Participants

Ramy Farid - CEO, President & Director
Richie Jain - Executive VP, CFO & Treasurer

Conference Call Participants

Scott Schoenhaus - KeyBanc Capital Markets Inc., Research Division

Presentation

Scott Schoenhaus
KeyBanc Capital Markets Inc., Research Division

Welcome, everyone, to our annual health care forum. We're kicking off things here with Schrodinger. Happy to have both Ramy Farid, the CEO; and Richie Jain, the CFO.

So welcome both of you, and thanks for joining us today on our virtual fireside chat.

Question-and-Answer Session

Scott Schoenhaus
KeyBanc Capital Markets Inc., Research Division

I guess, Ramy and Richie, maybe walk through for the investors that are new to the story, because a lot has even changed in the last 6 to 12 months about the Schrodinger platform and how you've made some changes.

Ramy Farid
CEO, President & Director

Of course. Yes, so I'll start us off. At the highest level, what our goal is, our mission is to develop a computational platform that allows researchers both in life science companies and in material science companies to design better molecules more rapidly, more efficiently. And that requires developing a platform that can replace experiment because the traditional way of doing drug discovery is by trial and error.

You make a molecule in the lab, you assay it, check its properties. And if it doesn't have the properties you're looking for, which, of course, will always be the case when you start off a project, you start to optimize it. So you try to make a change to the molecule. And obviously, that's very time consuming and prone to huge failure rates, as we all know.

So the whole goal of computationally driven drug discovery materials