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North Carolina Republicans say they are closing in on a state budget deal, with top House and Senate leaders acknowledging on Monday an income tax agreement has been reached that would lower rates on individuals more deeply than current law directs.

House Speaker Tim Moore and Senate leader Phil Berger said that tax changes and many other differences have been worked out after fruitful negotiations late last week.

‘Legislative leaders have made significant progress on the state budget,’ Berger said in a tweet. Raises for state employees and teachers also had been agreed upon, they said.

While other points of dispute remain, Moore and Berger expressed hope that chamber votes on a final two-year spending plan that was supposed to start July 1 can occur by mid-August. A budget’s enactment usually also signals completion of the legislature’s chief annual work session.

Taxes and salaries historically ‘are the kinds of things that have kept general assemblies here late,’ Moore told reporters Monday. ‘So the fact that some of those tougher issues have been worked out bodes well for I would say a more robust schedule’ starting next week, he added.

In separate gatherings with reporters, Moore and Berger declined to provide many details on the tax changes, but said the incremental downward trajectory of the individual income tax rate in state law would fall below the end point of 3.99% currently set for 2027. This year’s rate is 4.75%.

The Senate version of the budget had sought to accelerate the rate reduction over time to 2.49% by 2030. The House proposal would have been more cautious on tax cuts. The legislative leaders said the agreed-upon income-tax cutting provisions would contain some language allowing deeper rate reductions only if the state reaches certain revenue thresholds.

Moore said ‘having appropriate safeguards in place through the form of triggers’ would ensure that lower tax rates don’t cause fiscal `shortfalls.

Democratic Gov. Roy Cooper’s administration has warned that deeper tax reductions beyond what is already in the books could siphon several billion dollars in additional revenues annually in the years ahead, threatening the state’s ability to adequately pay for education.

Cooper will be asked to sign any final budget into law. Republicans seat margins are large enough now that they could override any Cooper veto if all GOP lawmakers are present. And many Democrats also voted for the competing House and Senate versions of the budget approved in the spring.

Neither Berger nor Moore have released salary increase details. The Senate proposal in the spring offered less generous pay raises for state workers and teachers than what their House counterparts offered.

Moore said outstanding budget differences between the chambers include items such as the distribution of water and sewer grants and infrastructure funds to help with economic development projects.

Details still seem murky on what lawmakers want to do about funding a nonprofit organization that would seek to turn research produced at University of North Carolina system campuses into commercial successes, particularly in rural areas.

While Moore said the amount agreed to for the ‘NCInnovation’ initiative is less than the $1.4 billion the Senate sought, Berger said later Monday that no agreement on a spending level had been reached.

There is also currently no language in the consensus budget or in any other separately reached agreement that would authorize potentially up to four casinos and video lottery machines statewide, Moore said.

Legislators have been talking quietly for months about the casino expansion as a way to counter gambling centers opening just over North Carolina state lines, such as in southern Virginia. Berger said he believed a gambling agreement, if reached, would end up in the budget legislation. Moore said any casino or video lottery machine arrangement would need formal support from his chamber’s GOP caucus to advance.

Lawmakers have been largely away from the Legislative Building during July while budget negotiations slowed — giving Democrats fodder to blame the GOP for the delays.

Moore said that recorded floor votes were still expected next week and could include override attempts on several outstanding Cooper vetoes even if a final budget isn’t ready.

It’s possible budget votes may have to wait until later in August just because of the ‘sheer number of things we’ve got to work our way through’ on a spending plan, Berger said.

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A former Detroit-area prosecutor pleaded guilty Tuesday to three charges after an investigation found he embezzled more than $600,000 from drug and drunken driving forfeiture funds, which is money that defendants have forfeited.

A Michigan State Police investigation found former Macomb County Prosecutor Eric Smith used the funds to throw parties, buy gifts and install a personal home security system.

Smith, 56, accepted a plea bargain from Michigan Attorney General Dana Nessel’s office in which seven other counts against him were dropped. He pleaded guilty to official misconduct, tampering with evidence and conspiracy to commit forgery.

Under Smith’s plea deal, a $25,000 restitution order will be entered at sentencing to repay the funds he embezzled from, Nessel’s office said. He will be sentenced on Sept. 6.

This is not the first time Smith has gotten into legal trouble. In 2021, he pleaded guilty to federal charges of attempting to obstruct justice and is serving a 21-month sentence, Nessel said.

Smith, a Democrat, began working in the Macomb County Prosecutor’s Office in 1993, was first elected prosecutor in 2004 and resigned as prosecutor in March 2020 after the attorney general filed criminal charges.

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Donald Trump’s rivals for the 2024 Republican presidential nomination are weighing in on Tuesday’s blockbuster announcement that the former president’s been indicted in the probe into the Jan. 6, 2021, storming of the U.S. Capitol and efforts to overturn the 2020 election.

One of the first to release a statement was former CIA spy and former Rep. Will Hurd of Texas, a long-shot for the nomination and a very vocal GOP Trump critic.

‘Let me be crystal clear: Trump’s presidential bid is driven by an attempt to stay out of prison and scam his supporters into footing his legal bills. Furthermore, his denial of the 2020 election results and actions on Jan. 6 show he’s unfit for office,’ Hurd wrote.

It was a very different reaction from Florida Gov. Ron DeSantis, who’s a distant second to Trump in the latest GOP presidential nomination polls but ahead of the rest of the large field of Republican contenders.

‘As President, I will end the weaponization of government, replace the FBI Director, and ensure a single standard of justice for all Americans,’ DeSantis stated.

The former president was indicted on four counts: conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, obstruction of official proceeding, and conspiracy against rights. Trump’s been ordered to appear on Thursday at 4 p.m. ET before a federal magistrate judge in the nation’s capital.

Trump was informed two weeks ago by the office of Jack Smith, the Justice Department special counsel in the case, that he was a target of their probe into his actions and state of mind on Jan. 6, 2021, and in the lead-up to that infamous day – when hundreds stormed the U.S. Capitol. The attack temporarily disrupted congressional certification of then-President-elect Biden’s 2020 Electoral College victory over Trump.

The indictment alleges that Trump pursued unlawful means of discounting legitimate votes and subverting the 2020 presidential election results through three criminal conspiracies, and it alleges that the then-president also corruptly obstructed and impeded the certification of the electoral vote.

Hurd, who drew plenty of boos from the crowd last weekend at the Iowa GOP’s annual Lincoln Dinner when he criticized Trump, emphasized in his statement on Tuesday that ‘the 2020 election wasn’t stolen, rigged, or fraudulent. It was lost by Donald Trump because he was incapable of uniting the country. Now, we’ve got to ask ourselves if we really want a president who’s willing to violate his oath to the Constitution just to cling to power?’

‘The Trump of 2016 is a far cry from the desperate figure we see in 2024,’ Hurd argued. ‘It’s about time our party, including the 2024 candidates, wake up to the fact that this guy only cares about himself, not our country’s future.’

Former Arkansas Gov. Asa Hutchinson, another vocal Trump critic who’s challenging the former president for the nomination, called this ‘another sad day for America with a former President being charged criminally for obstructing the peaceful transfer of power from one administration to the next.’

‘I have always said that Donald Trump is morally responsible for the attack on our democracy,’ Hutchinson wrote. ‘Now, our system of Justice will determine whether he is criminally responsible. The latest indictment reaffirms my earlier call that Donald Trump should step away from the campaign for the good of the country. If not, the voters must choose a different path.’

DeSantis, in his statement, stressed that he believes ‘we need to enact reforms so that Americans have the right to remove cases from Washington, DC to their home districts. Washington, DC is a ‘swamp’ and it is unfair to have to stand trial before a jury that is reflective of the swamp mentality. One of the reasons our country is in decline is the politicization of the rule of law. No more excuses—I will end the weaponization of the federal government.’

Vivek Ramaswamy, another rival for the nomination, charged in his statement that ‘the corrupt federal police just won’t stop until they’ve achieved their mission: eliminate Trump. This is un-American & I commit to pardoning Trump for this indictment.’

Ramaswamy, a multimillionaire entrepreneur, best-selling author and crusader in the culture wars, argued that ‘Donald Trump isn’t the cause of what happened on Jan 6. The real cause was systematic & pervasive censorship of citizens in the year leading up to it.’

Trump, who’s the commanding front-runner in the GOP nomination race as he makes his third straight White House run, earlier this year became the first sitting or former president in U.S. history to be charged with a crime.

Trump pleaded not guilty in early April in New York City to charges brought by the Manhattan District Attorney’s Office. The former president was indicted for allegedly giving hush-money payments to adult film actress Stormy Daniels in 2016 to keep her quiet ahead of that year’s presidential election over her claims she had sexual encounters years earlier with Trump.

The former president denies sleeping with Daniels and denies falsifying business records to keep the payment concealed.

Trump was indicted and arraigned in early June for his alleged improper retention of classified records. He pleaded not guilty in federal court in Miami to criminal charges that he illegally retained national security records at his Mar-a-Lago estate in Palm Beach, Florida, following the end of his term as president and that he obstructed federal efforts to recover the documents. In total, Trump faces 37 felony charges in the documents case.

But the indictments have only strengthened Trump’s standing among his base of devoted supporters. And his lead over the rest of the field of GOP rivals has increased in the wake of the multiple indictments.

The Trump campaign, in a statement to Fox News, accused the Biden administration and the Justice Department of ‘election interference’ and charged that ‘the lawlessness of these persecutions of President Trump and his supporters is reminiscent of Nazi Germany in the 1930s, the former Soviet Union, and other authoritarian, dictatorial regimes.’

And the Trump-aligned super PAC MAGA Inc. argued that the former president ‘is undeterred and his unprecedented America First movement will carry him back to the White House, where he will dismantle the Deep State and bring the Biden Crime Family to justice.’

This is a developing story. Check back for updates on FoxNews.com.

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Special Counsel Jack Smith said Tuesday that the Jan. 6, 2021, Capitol riot was ‘fueled by lies’ from former President Donald Trump, who he charged today with ‘conspiring to defraud the United States, conspiring to disenfranchise voters and conspiring and attempting to obstruct an official proceeding.’

Smith made a public statement shortly after the federal indictment against Trump was unsealed Tuesday afternoon and encouraged ‘everyone to read it in full.’

‘The attack on our nation’s Capitol on January 6th, 2021, was an unprecedented assault on the seat of American democracy,’ Smith said Tuesday. ‘Described in the indictment, it was fueled by lies — lies by the defendant — targeted at obstructing a bedrock function of the U.S. government: the nation’s process of collecting, counting and certifying the results of the presidential election.’

Smith added, though, that the indictment ‘is only an allegation and that the defendant must be presumed innocent until proven guilty beyond a reasonable doubt in a court of law.’

The indictment names only the former president but lists six unnamed co-conspirators. Smith said the investigation into ‘other individuals continues in this case.’

Smith said the ‘men and women of law enforcement who defended the U.S. Capitol on January 6th are heroes.’

‘They are patriots, and they are the very best of us. They did not just defend a building or the people sheltering in it,’ Smith said. ‘They put their lives on the line to defend who we are as a country and as a people. They defended the very institutions and principles that defined the United States.’

Smith said that ‘since the attack on our Capitol, the Department of Justice has remained committed to ensuring accountability for those criminally responsible for what happened that day.’

‘This case is brought consistent with that commitment and our investigation of other individuals continues in this case,’ Smith said. ‘My office will seek a speedy trial so that our evidence can be tested in court and judged by a jury of citizens.’

Smith thanked members of the FBI working on the investigation with his office, as well as career prosecutors and law enforcement agents ‘from around the country who have worked on previous January 6th investigations.’

Smith’s comments came after Trump was indicted on four federal charges out of the probe, including conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, obstruction of and attempt to obstruct an official proceeding, and conspiracy against rights.

Trump has been ordered to appear in federal court in Washington, D.C., for his arraignment on Thursday, Aug. 3, at 4 p.m.

This is the second federal indictment the former president faces out of Smith’s investigation. Trump, who leads the 2024 GOP presidential primary field, has already pleaded not guilty to 37 counts related to his alleged improper retention of classified records from his presidency.

A Trump campaign spokesperson told Fox News Digital in a statement that ‘this is nothing more than the latest corrupt chapter in the continued pathetic attempt by the Biden Crime Family and their weaponized Department of Justice to interfere with the 2024 Presidential Election, in which President Trump is the undisputed frontrunner, and leading by substantial margins.’

‘But why did they wait two and a half years to bring these fake charges, right in the middle of President Trump’s winning campaign for 2024? Why was it announced the day after the big Crooked Joe Biden scandal broke out from the Halls of Congress?’ the spokesperson wrote.

‘The answer is, election interference!’ the spokesperson continued. ‘The lawlessness of these persecutions of President Trump and his supporters is reminiscent of Nazi Germany in the 1930s, the former Soviet Union, and other authoritarian, dictatorial regimes.’

‘President Trump has always followed the law and the Constitution, with advice from many highly accomplished attorneys,’ the spokesperson said. ‘These un-American witch hunts will fail and President Trump will be re-elected to the White House so he can save our Country from the abuse, incompetence, and corruption that is running through the veins of our Country at levels never seen before.’

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Indiana’s six remaining abortion clinics ceased performing the procedure as a law heavily restricting it went into effect Tuesday.The law bans all abortions, but leaves a 10-week window for rape and incest cases, and a 20-week window for threats to maternal health and grave fetal anomalies.One of the clinics called Tuesday ‘a dark day for Indiana,’ and regional Planned Parenthood CEO Rebecca Gibron castigated the outlined exceptions for being ‘really very, very limited.’

Indiana’s six abortion clinics have stopped providing abortions ahead of the state’s near-total abortion ban officially taking effect and as a petition is pending before the state’s high court asking it to keep the ban on hold while legal action continues, clinic officials said Tuesday.

Planned Parenthood’s four Indiana abortion clinics stopped performing abortions Monday in accordance with state guidance that providers received in July alerting them that on or around Tuesday abortion would become illegal in Indiana in clinic settings ‘with really very, very limited exceptions,’ said Rebecca Gibron, CEO of the Planned Parenthood division that includes Indiana.

Indiana’s two other abortion clinics have also stopped providing abortions, with one calling it ‘a dark day for Indiana.’

Indiana’s Republican-backed ban will end most abortions in the state, even in the earliest stages of a pregnancy. Indiana became the first state to enact tighter abortion restrictions after the U.S. Supreme Court ended nearly a half-century of federal abortion protections by overturning Roe v. Wade in June 2022.

Although Planned Parenthood’s four Indiana abortion clinics have stopped providing abortions, Gibron said its 11 health centers across the state continue offering a wide range of services, including emergency contraception and birth control, even as the group works to help Hoosiers obtain out-of-state abortions.

‘Planned Parenthood will not be intimidated and bullied and we will not be silenced,’ she said at a news conference outside one of the group’s clinics that provided abortions in Indianapolis.

Indiana’s ban will eliminate the licenses for all seven abortion clinics in the state — one of which closed in June — and ban most abortions, even in the earliest stages of a pregnancy. It includes exceptions allowing abortions at hospitals in cases of rape or incest before 10 weeks post-fertilization. It also allows abortions up to 20 weeks to protect the life and physical health of the mother or if a fetus is diagnosed with a lethal anomaly.

Before Indiana’s ban was passed, the state’s laws generally prohibited abortions after the 20th week of pregnancy and tightly restricted them after the 13th week.

The American Civil Liberties Union of Indiana, representing Planned Parenthood and other abortion clinic operators, challenged the ban’s constitutionality. But in a June 30 ruling, the Indiana Supreme Court found that the ban doesn’t violate the state constitution. Its ruling struck down a preliminary injunction that had kept the ban on hold, although that ruling has yet to be certified to officially take effect.

On Monday — the last day for it to do so — the ACLU of Indiana filed a petition for a rehearing with the high court asking it to keep the ban on hold while it pursues a narrower preliminary injunction in a trial court to address the scope of the ban’s exemption allowing women facing serious health risks to obtain abortions.

That filing delays the certification of the court’s ruling while it considers whether to grant or deny that petition, said court spokesperson Kathryn Dolan. It’s unclear how long it may take the high court to decide the matter, but after rehearing petitions are filed, the opposing party — in this case the state’s attorneys — have 15 days to file a response.

Gibron said Planned Parenthood ended abortion services Monday in light of the state’s guidance and the uncertainty over when the court will certify its abortion ban ruling.

‘The reality is that it can happen at any point. The Supreme Court could certify it this afternoon,’ she said.

Gibron said Indiana’s abortion ban will ‘target Hoosiers of color, indigenous communities and those already marginalized by our health care system.’

Indiana’s two other abortion clinics, which are not operated by Planned Parenthood and are both located in Indianapolis, have also stopped providing abortion care.

In a statement, Clinic for Women owner LaDonna Prince said the clinic ended abortions on Monday, calling it ‘a dark day for Indiana and for the country.’

Spokeswoman Katlyn Milligan of the Indiana Attorney Generals’ Office issued a statement Tuesday saying, ‘On the eve of Indiana’s pro-life law going into effect, the ACLU and Planned Parenthood made a desperate attempt to prevent Indiana from enforcing our own law.’

‘We responded to this filing immediately and are now waiting for the Court to rule. The ACLU and Planned Parenthood have made their intentions clear — this is just another grab for fundraising dollars,’ Milligan’s statement said.

The state’s other abortion clinic, Women’s Med, stopped providing abortions on Friday, a representative said Tuesday.

Although Planned Parenthood’s Indiana abortion clinics are no longer performing abortions, Gibron said a ‘patient navigation team’ is working to help patients get out-of-state abortions. That includes helping schedule appointments and finding ways to help them pay the costs of traveling out of state.

Adjacent Illinois and Michigan — states where abortion remains legal — will most likely become the destinations for many Indiana residents seeking out-of-state abortion care, said Gibron, who is CEO for Planned Parenthood Great Northwest, Hawaii, Alaska, Indiana, Kentucky.

Planned Parenthood of Illinois had prepared for years for the possibility of Roe v. Wade falling, and it opened clinics near the Indiana and Wisconsin borders in 2018 and 2020 in anticipation of those states restricting access to abortion, said Kristen Schultz, the affiliate’s chief strategy and operations officer.

She said patients from Indiana nearly doubled after the state’s ban briefly went into effect last September and that traffic is expected to rise again starting this week. Schultz said more doctors, advanced nurse practitioners and medical assistants have been hired to accommodate the expected surge.

‘The demand has increased, the challenges have increased when patients show up at our doors having traveled eight or ten or 12 hours. That’s an increased burden on the patient. And our staff really feel that,’ she said.

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The Biden administration appears to be scrambling for research on the conflict between wind turbines and a highly endangered whale species on the East Coast following reports of ‘unprecedented’ whale deaths.

The Bureau of Ocean Energy Management (BOEM), a regulatory body from the Department of Interior that leases offshore areas for energy development, posted a grant notice in May targeted at ‘addressing key information gaps in acoustic ecology of the North Atlantic Right Whales,’ one of the most endangered whale species in the world.

The problem is the government has already approved offshore wind projects, and some experts are saying the attention to the whales is too little too late.

Fisherman in the region are calling the government ‘hypocritical’ after the same federal agencies almost ‘regulated [them] completely out of business’ in an effort to protect the endangered species without any data showing fishermem bring any harm to the right whale.

BOEM’s grant notice states, ‘In support of the rapid development of offshore wind (OSW) on the Atlantic OCS, the Environmental Studies Program (ESP) has identified a priority need to address knowledge gaps in the acoustic behavior of critically endangered North Atlantic right whales (NARW).

‘The overall goal of this cooperative agreement is to observe and describe acoustic behavior of NARW where significant data gaps in call rates exist and convey information about the context in which the acoustic behaviors are observed.’ 

Acoustics are critical in tracking and monitoring movement and behaviors of the whales.

Annie Hawkins, executive director of the Responsible Offshore Development Alliance, which aims to improve compatibility of new offshore development with the fishing industry, said its ‘very late’ for the Biden administration to be soliciting such research. 

‘One of the problems is that, at least in the last few years, there’s been some conversations about what kind of research needs to be done. But, up till now, there’s been no funding. Congress hasn’t appropriated anything, nothing’s been getting done. And it’s a bit late, it’s very late to be starting to look at this stuff,’ Hawkins said.

Production on at least one major wind farm project is already underway. The first phase of Vineyard Wind 1, the first large-scale offshore wind farm in the United States, was completed at the end of last month.

The project consists of 62 turbines, each up to 850 feet high (taller than any building in Boston) with blades roughly 350 feet long, planted 15 miles off Martha’s Vineyard. Project benefactors boast that the wind farm will ultimately power 400,000 homes and businesses across Massachusetts while reducing carbon emissions by over 1.6 million tons per year.

Hawkins says that instead of analyzing the cumulative data on whale impacts from surveys for wind projects, the National Marine Fishery Service (NMFS) and BOEM assess possible impact project by project.

‘They really don’t assess the impacts to right whales and manage for it. Surveys are almost unregulated,’ Hawkins said.

‘I do believe that the reason the way the government approaches these projects overall is to minimize what the effects would be. 

‘I think it does absolutely mask real-world impacts and the cumulative effects scenario, which is the only credible way to do this. Because, obviously, you know, this is the ocean. Water moves, fish move, whales move. And, so, to look at them in isolation is pretty ridiculous.’

Cindy Zipf, executive director of Clean Ocean Action, testified in March before a House Committee on Capitol Hill that ‘[w]hile some offshore wind may hold promise, federal and state levels have moved forward without transparency, robust and sound science or good governance.’ 

Zipf testified that NMFS previously found that offshore wind can increase ocean noise, which can affect behaviors of whales; introduce electromagnetic fields that impact their navigation, predator detection and communication; and change species composition and survival rates, among other things.

‘The NMFS concludes with, ‘Offshore wind is the new use of our marine waters, requiring substation scientific and regulatory review,’’ Zipf testified. ‘So, where is the substantial review? Where is the commitment to the precautionary principle?’

Clean Ocean Action noted in February following the ninth whale death in the northeast that the ‘alarming number of [whale] deaths is unprecedented in the last half century.’ The only unique factor from previous years is the excessive scope, scale and magnitude of offshore wind power plant activity in the region, the group noted.

Zipf emphasized that ‘climate change is real’ and ‘living resources on the planet are in crisis.’ But offshore wind projects should only be approved after pilot scale projects are proven to be successful and that the science supports industrial scale plants.

‘In seems our government is, as best, putting the cart before the horse and wants to see offshore wind while wearing only ‘green-colored’ glasses,’ she said. 

Dustin Delano, chief operating officer of the New England Fishermen’s Stewardship Association (NEFSA) said the government cutting corners to cater to offshore wind is ‘incredibly hypocritical.’

‘One right whale death is too many. I don’t think you’d find any fishermen that would disagree … one is too many. And for the government to be holding offshore wind to a different standard is blasphemy, in my mind. Incredibly hypocritical.’

Dustin is a fourth-generation lobsterman from Maine. For years, he says, NMFS and other federal agencies mandated stringent rules that forced his industry to make major modifications and changes to avoid entanglements with a right whale. 

To date, no right whale deaths have been associated with his industry’s fishing gear. And the one entanglement that occurred over 20 years ago did not result in a right whale death.

When NMFS imposed a rule last year that would cut in half the number of traps that could be deployed and threatened to kill their livelihood, Maine lobstermen sued the Biden administration.

In June, the lobstermen won in court, with a judge calling the NMFS legal reasoning ‘egregiously wrong.’

But Delano says it’s still ‘really frustrating’ that his industry is ‘constantly held to a different standard than something else that the government might really want, such as offshore wind.’

‘There’s just a huge political-driven agenda right now to push it through as fast as possible,’ Delano said.

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(TheNewswire)

Toronto, Ontario July 31, 2023 Noble Mineral Exploration Inc. ( ‘Noble’ or the ‘Company’ ) (TSX V: NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to announce that it has acquired a total of 44 mining claims (the ‘Claims’) in Mann, Duff, and Reaume Townships, covering an area totaling approximately ~904 hectares. The Claims were acquired after payment, exploration expenditure commitments and other conditions were satisfied in accordance with two option agreements entered into by Noble in 2021. Under both transactions, each optionor or group of optionors have retained a 2% NSR subject to Noble’s right to buyback half of the NSR for $1,000,000 per property during the first four years after the date of each royalty agreement. In addition, Noble is on track of acquiring a third optioned property totaling 229 mining claims in Mann, Duff and Hanna Townships, covering an area totaling approximately 4,932 hectares. For further details regarding the original transactions on the Claims and the third optioned property (collectively, the ‘Properties’), please refer to the news release issued by Noble on August 11, 2021.

The Properties are a portion of the 625 mining claims (the ‘Optioned Claims’) of an option and joint venture agreement between Noble and Canada Nickel Company Inc. (‘Canada Nickel’) whereby Canada Nickel has the right to acquire an up to 80% interest in the Optioned Claims subject to satisfying certain conditions. For further details regarding the option and joint venture agreement between Noble and Canada Nickel, please refer to the news release issued by Noble on February 24, 2022.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd., Go Metals Corp. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold ~25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional ~11,000 hectares in the Timmins area and ~14,400 hectares of mining claims in Central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. It will also hold its ~14,600 hectares in the Nagagami Carbonatite Complex and its ~4,600 hectares in the Boulder Project both near Hearst, Ontario, as well as its ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, its ~3,700 hectares in the Buckingham Graphite Property, its ~10,152 hectares in the Havre St Pierre Nickel, Copper, PGM property, its ~518 hectares in the Laverlochere Nickel, Copper, PGM property, all of which are in the Province of Quebec. More detailed information is available on the website at: https://www.noblemineralexploration.com

Noble’s common shares trade on the TSX Venture Exchange under the symbol ‘NOB.’

Cautionary Statement

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts

H. Vance White, President

Phone: 416-214-2250

Fax: 416-367-1954

Email: info@noblemineralexploration.com

Investor Relations: ir@noblemineralexploration.com

Copyright (c) 2023 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Cryptocurrencies offer an alternative route for building and storing wealth. While directly holding these digital assets is a popular option, investors are also clamoring for financial products such as cryptocurrency exchange-traded funds (ETFs).

“There is a high demand for a Bitcoin product that has all the features that people love about ETFs — that they trade on an exchange, that they’re liquid,” Ross Mayfield, investment strategy analyst at Robert W. Baird & Co., told Bloomberg in mid-2021.

Interest has only increased since then — in mid-2023, Sean Farrell, head of digital asset strategy at Fundstrat, said that growing demand in the market for Bitcoin ETFs has the potential to surpass the precious metals ETF market at some point.

‘Bitcoin ETF eventually could become >$300 billion category,’ he said in a note to investors.

Canada approved the first pure-play Bitcoin ETFs for trade on the TSX in early 2021. These Canadian cryptocurrency ETFs allow investors to place returns in tax-sheltered accounts like tax-free savings accounts or registered retirement savings plans.

The story is different in the US, where eight crypto ETFs were awaiting approval from the US Securities Exchange Commission (SEC) as of July 31, 2023. The federal agency is seemingly dragging its feet on approving these applications because of a lack of regulatory framework to govern crypto exchanges, as well as a perceived need for greater investor protections. This has prompted fund issuers to get creative with workaround ETFs that offer Americans exposure to crypto-linked equities.

Two major decisions before the SEC may or may not have — depending on who you ask — a big influence on the potential for a US Bitcoin ETF market: Grayscale’s legal challenge to the SEC’s refusal to allow it to convert its Grayscale Bitcoin Trust (OTCQX:GBTC) into an ETF, and BlackRock’s (NYSE:BLK) June filing of an application to launch the iShares Bitcoin Trust.

While investors hold their collective breath in anticipation of pure-play cryptocurrency ETF launches in the US market, it’s worth taking a look at the currently available Canadian cryptocurrency ETFs. The list below includes 11 options on the market, and all data presented was current as of July 28, 2023.

1. Purpose Bitcoin ETF (TSX:BTCC)

Company Profile

Assets under management: C$1.1 billion

Billed as the first physically settled Bitcoin ETF, the Purpose Bitcoin ETF launched in February 2021 and is backed by Bitcoin. The fund allows investors to add and sell Bitcoin with no digital wallet required.

Hosted by Canadian investment company Purpose Investments, the Purpose Bitcoin ETF is backed by 27,675.39 Bitcoins and has a management expense ratio of 1 percent.

2. Purpose Ether ETF (TSX:ETHH)

Company Profile

Assets under management: C$249.6 million

Launched in April 2021, the Purpose Ether ETF is the world’s first direct-custody Ether ETF.

Ethereum is the most widely used blockchain technology, and Ether, the digital currency of this platform, is the second largest cryptocurrency after Bitcoin. Evolve ETFs and CI Global Asset Management claim to have also launched the first Ether ETF on the same day, but it looks like Purpose Investments was the first to make an announcement.

The Purpose Ether ETF offers investors exposure to the daily price movements of physically settled Ether tokens through either Canadian dollar hedged units, Canadian dollar non-currency hedged units or US dollar units. The management fee is 1 percent.

3. Evolve Bitcoin ETF (TSX:EBIT)

Company Profile

Assets under management: C$108.68 million

Evolve ETFs partnered with cryptocurrency experts, including Gemini Trust Company, CF Benchmarks, Cidel Bank & Trust and CIBC Mellon Global Services, to launch the Evolve Bitcoin ETF. The fund has a management fee of 0.75 percent.

Launched a week after the Purpose Bitcoin ETF, its holdings of Bitcoin are priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for Bitcoin denominated in US dollars.

4. Evolve Ether ETF (TSX:ETHR)

Company Profile

Assets under management: C$50.36 million

The Evolve Ether ETF offers investors an easier route to investing directly in Ether. The fund’s holdings of Ether are priced based on the CME CF Ether-Dollar Reference Rate, a once-a-day benchmark index price for Ether denominated in US dollars. As with the Evolve Bitcoin ETF, the Evolve Ether ETF has a management fee of 0.75 percent.

5. Evolve Cryptocurrencies ETF (TSX:ETC.U)

Company Profile

Assets under management: C$20.22 million

The Evolve Cryptocurrencies ETF launched in September 2021 as the first multi-cryptocurrency ETF, providing combined exposure to both Bitcoin and Ether. This product from Evolve ETFs allows investors to diversify their crypto portfolios and provides indirect exposure to the two coins, weighing them by market capitalization and rebalancing its holdings on a monthly basis.

While this ETF has no management fee, the underlying funds that hold both Bitcoin and Ether have management fees of 0.75 percent of net asset values, plus applicable taxes.

6. CI Galaxy Bitcoin ETF (TSX:BTCX.B)

Company Profile

Assets under management: C$272.23 million

Launched in March 2021, the CI Galaxy Bitcoin ETF was born out of a partnership between cryptocurrency leaders Galaxy Fund Management (GFM) and CI Global Asset Management. GFM is part of the management arm of Galaxy Digital, a diversified financial services firm with a focus on the digital assets and blockchain technology sector.

The ETF’s objective is to give investors exposure to Bitcoin via an institutional-quality fund platform. At 0.4 percent, this fund boasts the lowest management fee possible of all the crypto funds on the market.

7. CI Galaxy Ethereum ETF (TSX:ETHX.U)

Company Profile

Assets under management: C$308.26 million

CI Global Asset Management suggests that “owning Ether is similar to owning a basket of early-stage, high-growth technology stocks.” The CI Galaxy Ethereum ETF has blown the competition out of the water in terms of assets under management.

Some of that may be due to its ultra-low management fees, which were at zero for nearly the first two months following the fund’s April 2021 launch date. After June 15, 2021, its management fees increased to 0.4 percent — that’s in line with the CI Galaxy Bitcoin ETF, but still well below those of its competitors.

8. 3iQ CoinShares Bitcoin ETF (TSX:BTCQ)

Company Profile

Assets under management: C$101 million

Launched in March 2021, the 3iQ CoinShares Bitcoin ETF tracks the price movement of Bitcoin in US dollars terms, and holds its Bitcoin assets in cold storage with no digital wallet required. This ETF comes with a management fee of 1 percent.

9. 3iQ CoinShares Ether ETF (TSX:ETHQ)

Company Profile

Assets under management: C$27 million

Following the success of its Bitcoin ETF, 3iQ Digital Asset Management launched its CoinShares Ether ETF in April 2021. This fund has a similar objective, offering exposure to Ether and its daily US dollar price movements. It has a management fee of 1 percent.

10. Fidelity Advantage Bitcoin ETF (TSX:FBTC)

Company Profile

Assets under management: C$71.6 million

The newest Bitcoin fund on this list, the Fidelity Advantage Bitcoin ETF launched in November 2021. It offers the security of Fidelity’s in-house storage services. Like the CI Galaxy funds, the Fidelity Advantage Bitcoin ETF has an ultra-low management fee of 0.4 percent.

11. Fidelity Advantage Ether ETF (TSX:FETH)

Company Profile

Assets under management: C$1.4 million

Following the successful launch of its Bitcoin fund, Fidelity brought its Ether ETF to market in September 2022. FETH also has a management fee of 0.4 percent.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

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Overview

With the explosive growth of the electric vehicle market and the global push for sustainability, demand for battery metals is skyrocketing. This has created significant upside potential for exploration, particularly where copper and nickel are concerned.

Miramar Resources (ASX:M2R) intends to leverage that potential to the fullest. Led by an experienced board with a proven track record of successful exploration and discovery, the company has acquired multiple projects with the potential to host world-class mineral deposits. These discovery opportunities span Australia’s Eastern Goldfields and Capricorn Orogen, a rapidly emerging yet largely underexplored mineral province.

Proterozoic orogens are well-established as hosting major mineral deposits. Capricorn is no exception. It’s highly prospective for multiple commodities and deposit types.

This is something Miramar has recognized for years, driving the company to acquire two large and highly prospective landholdings: the Whaleshark Iron-Oxide-Copper-Gold (IOCG) project and the Bangemall Nickel-Copper-PGE projects. In addition to these, Miramar maintains two gold projects in the Eastern Goldfields, one of which — Gidji JV — has the potential to become a new gold camp in the region.

Miramar’s strategy is simple — to create shareholder value through the discovery of world-class deposits. It’s well-positioned to do exactly that, with active exploration programs, a tight share register and low enterprise value. The company is also quite well-funded, owing to a recent $2 million round of capital raising.

Company Highlights

The current focus on battery metals creates significant upside opportunities for exploration, particularly on copper and nickel.Australian exploration company Miramar Resources is well-positioned to take advantage of the battery metals opportunity. Led by an experienced board with a track record of successful discovery, development and production, Miramar has acquired multiple potential world-class deposits, including:Large, shallow IOCG targets at WhalesharkMultiple nickel-copper-PGE targets at BangemallMultiple strategic Eastern Goldfields projects, including one with the potential to become a new gold campMiramar is an active explorer with regular news flow, a tight share register and low enterprise value.

Key Assets

Whaleshark (Ashburton)

Located roughly 40 kilometers east of Onslow in the Ashburton region of Western Australia, Whaleshark displays similar geology to several projects with significant iron-oxide-copper-gold (IOCG) deposits, including Ernest Henry, Starra, Carrapateena and Prominent Hill. It was acquired by Miramar as part of its initial public offering in 2020.

Miramar recently secured $180,000 in Exploration Incentive Scheme (EIS) funding from the Western Australia Government to fund diamond drilling and project development at Whaleshark.

Project Highlights:

IOCG Prospectivity: Whaleshark displays all the necessary characteristics for the presence of a large iron-oxide-copper-gold deposit, including:Proterozoic granite with nearby iron-rich rocksOverlapping magnetic anomalism and gravityStrong anomalous “interface” geochemistrySodic and potassic alterationHigh-Priority Drilling: Miramar has identified multiple high-priority bedrock drill targets which comprise overlapping:Mobile metal iron (MMI) surface geochemical anomalism over roughly 1.2 square kilometersGravitational anomalism crosscut by a northwest-trending structureStrongly elevated copper, cobalt, gold and silver results gathered from “interface” aircore drillingAdvantageous Geology: Whaleshark’s geology is incredibly similar to the large Ernest Henry IOCG in Queensland, including the scale, suite and magnitude of elements. However, Whaleshark also displays much shallower cover compared to Ernest Henry.

Bangemall/Mount Vernon (Gascoyne)

Located within the Proterozoic Capricorn Orogen in Western Australia’s Gascoyne region, Miramar’s 100-percent-owned Bangemall projects cover approximately 1,920 square kilometers. Both the Geological Survey of Western Australia and Geoscience Australia have identified the area as being highly prospective for numerous types of mineral deposits. Geology at the project is characterized by multiple Kulkatharra Dolerite sills intruding into sulfidic sediments. To date, the company has three main projects in the Bangemall: Mount Vernon, Dooley Downs and Blue Bar.

In early 2022, Miramar flew a detailed magnetic and electromagnetic survey over the Mount Vernon project, identifying multiple late-time anomalies potentially related to nickel-copper-PGE sulphide mineralization.

The company is currently in the process of submitting an application for EIS funding for drilling at Mount Vernon. Provided it is successful, Miramar plans to commence drilling in December 2023.

Project Highlights:

Mount Vernon potential: Miramar’s VTEM survey at Mount Vernon confirms historic exploration at the project, which identified:Nickel, copper and platinum group elements soil anomaliesSignificant nickel-copper in rock chipsDrilling which intersected elevated nickel-copper-PGEs in doleriteCurrent Work: The company is planning the following at Mount Vernon:Rock chip and/or soil sampling along the basal contactOrientation ground EM surveys over selected airborne EM anomaliesFinalizing drill hole locations based on the above resultsFuture Plans: Identifying more drill targets for testing

Gidji JV Project (Eastern Goldfields)

Located roughly 15 kilometers north of Kalgoorlie, Gidji is a highly prospective yet underexplored gold project with potential nickel mineralization. Miramar has been actively exploring the project since October 2020, resulting in the identification of several new targets and outlining large aircore gold anomalies at Marylebone, Blackfriars and Highway/Piccadilly, each of which could host a significant gold discovery. The Marylebone target is the highest priority target as it has the same geology, structural setting and scale as the 4-Moz Paddington gold deposit which is also located in the ‘Boorara Shear Zone’ to the north and where Miramar discovered high-grade gold in a quartz vein. At the Marylebone target alone, Miramar has outlined a large shallow gold “exploration target” of 1.4 to 3.2 million tons (Mt) @ 1.2 to 1.5 grams per ton (g/t) gold. The company believes Gidji has the potential to become a new gold camp.

Highlights:

Multiple High-potential Gold Targets: Potential mineralization at Marylebone ranges from 1.4 to 3.2 Mt @ 1.2 to 1.5 g/t gold. Other gold anomaly targets include Blackfriars, Highway-Piccadilly and Railway. Miramar is currently refining bedrock targets for further deep drilling. Potential Nickel Sulphide Mineralization: Through re-analysis of multiple aircore holes, Miramar has produced significant platinum and palladium assays commonly associated with high nickel and copper results.

Glandore (Eastern Goldfields)

Situated 40 kilometers east of the Kalgoorlie Gold Field, Miramar’s 100-percent-owned Glandore project displays the potential for significant high-grade gold mineralization. Previous exploration of the project area identified a large aircore gold footprint along with significant gold anomalism. Diamond drilling in 2005 returned results that included 4 meters @ 44.3 g/t gold.

In 2022, Miramar completed a diamond drilling program at the high-grade “Glandore East’ target, at the edge of the salt lake, with results returning high-grade gold mineralization and visible gold. Multiple parallel mineralized structures have been outlined beneath a very large aircore gold footprint and bedrock gold mineralization is present over 600 meters of strike and open. A UAV magnetic survey identified multiple northeast-trending structures. More surveys are planned to further refine and assist in targeting.

Management Team

Allan Kelly – Executive Chair

Allan Kelly is a geologist and manager with over 25 years’ experience in mineral exploration, development and production throughout Australia and the Americas. Kelly graduated in 1994 with a Bachelor of Science (with honors) in applied geology from Curtin University. He has been involved in targeting early-stage exploration of gold, nickel and copper deposits in Australia, Alaska and Canada, and has previously held senior exploration positions at Western Mining Corporation and Avoca Resources.

In 2009, he founded Doray Minerals, which was listed on the ASX in early 2010. Under Kelly’s management, Doray discovered the high-grade Wilber Lode gold deposit within the Andy Well Project in the Murchison Region of Western Australia, which moved from discovery to production within three and a half years. He subsequently funded, constructed and commissioned the Deflector Gold-Copper Project within 14 months of completing the takeover of Mutiny Gold in 2014.

In 2014, Kelly was awarded the Association of Mining and Exploration Companies (AMEC) ‘Prospector Award’, along with Doray’s co-founder Heath Hellewell, for the discovery of the Wilber Lode and Andy Well gold deposits. He is a fellow and former councilor of the Association of Applied Geochemistry (AAG), a member of the Australian Institute of Geoscientists (AIG), and a member of the Institute of Brewing and Distilling (IBD).

Marion Bush – Technical Director

Marion Bush is a geologist with over 25 years’ experience in senior management, directorship, commercial management, analyst and marketing roles within the UK, Australia, Africa and South America. She was the former CEO of TSX-V listed Cassidy Gold and a former mining analyst.

Bush holds a Bachelor of Science (geology) from Curtin University, a Master of Science (mineral project appraisal) from the University of London (Imperial College) and is a member of the AIG.

Terry Gadenne – Non-executive Director

Terry Gadenne has over 30 years’ experience in military and civilian aviation, agriculture and mining management. He was the chief pilot of Mackay Helicopters and managing director of Mining Logic, located in Queensland. Over the course of his career, Gadenne has had various board positions in not-for-profit organizations.

He holds a Bachelor of Aviation Studies (management) from the University of Western Sydney, completed the Company Directors Course with AICD and was a former army and navy pilot.

Mindy Ku – Company Secretary

Mindy Ku has over 15 years’ international experience in financial analysis, financial reporting, management accounting, compliance reporting, board reporting, company secretarial services and office management across multiple jurisdictions (Australia, Malaysia, UK, Sweden and Norway) including ASX-listed public and private companies.

Ku holds a Bachelor of Science in computing from the University of Greenwich, United Kingdom, is a member of Certified Practising Accountant Australia and a fellow member of the Governance Institute of Australia.

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The S&P/TSX Composite Index (INDEXTSI:OSPTX) closed down last Friday (July 28) at 20,520.71.

The index’s biggest decline came on Thursday (July 27), when it sank as low as 20,387.89. On Wednesday (July 26), the US Federal Reserve increased interest rates by a quarter point, sending them to their highest level in 22 years.

Gold rose above US$1,970 per ounce following the news, but was hovering around US$1,955 by the time markets closed on Friday. Silver also fell sharply on Friday and ended the five day trading period at about US$24.25 per ounce.

Despite these price swings, some resource juniors listed on the TSX saw their share prices go up last week. Here’s a look at the five biggest gainers and the factors that moved their share prices during the period.

1. Verde Agritech (TSX:NPK)

Press ReleasesCompany Profile

Leading this week’s top TSX stocks list is Verde Agritech, whose share price rose 28.46 percent to end the week at C$3.34. The company is developing its Cerrado Verde project in Brazil, and says it is the source of a potassium-rich deposit from which it intends to produce solutions for crop nutrition, crop protection, soil improvement and increased sustainability.

Last Thursday, Verde Agritech said it is in advanced negotiations to sell carbon credits to major international corporations that are established purchasers of permanent carbon offsets.

2. Northern Dynasty Minerals (TSX:NDM)

Press ReleasesCompany Profile

Northern Dynasty Minerals is focused on developing the Pebble project in Alaska, where, according to the company, one of the world’s largest undeveloped copper-gold-molybdenum-silver resources is located.

On Wednesday, the company announced that the State of Alaska has filed a motion in the US Supreme Court, arguing that the US Environmental Protection Agency’s veto of the Pebble project breaches a contract involving Alaska and the US. Northern Dynasty also says that it violates the federal statutory recognition and implementation of that land exchange.

Following the news, shares of Northern Dynasty increased 25.37 percent to end the week at C$0.42.

3. Condor Energies (TSX:CDR)

Press ReleasesCompany Profile

Condor Energies is an internationally focused energy company with producing gas assets, an ongoing initiative to construct and operate Central Asia’s first liquefied natural gas facility and another initiative focused on gas field redevelopment.

The company did not release any news last week, but its share price jumped 24.17 percent to finish at C$1.49.

4. Excelsior Mining (TSX:MIN)

Press ReleasesCompany Profile

Excelsior Mining is a copper-producing company that owns and operates the Gunnison copper project in Cochise County, Arizona.

Shares of Excelsior Mining rose 15.22 percent last week to hit C$0.26, although the company didn’t release fresh news.

5. Forza Petroleum (TSX:FORZ)

Last but not least this week is Forza Petroleum, an international oil exploration, development and production company. Forza Petroleum has a 65 percent participating interest in and operates the Hawler license area in Iraq’s Kurdistan region.

Last Tuesday (July 25), the company published its Q2 financial and operational results. Shares of Forza Petroleum increased 8.33 percent on the news to end the five day period at C$0.13.

FAQs for TSX stocks

How big is the TSX?

The TSX is Canada’s biggest stock exchange, and as of June 16, 2023, it had 1,789 listed stocks for a total market value of more than C$3.792 trillion. The TSX is often ranked as one of the 10 largest stock exchanges in the world.

Why do companies list on the TSX?

Listing on one of the world’s largest stock exchanges provides companies with greater market exposure, the ability to raise capital and an opportunity to build a strong financial reputation. In its technical guide to listing, the TSX states the exchange “offers companies a dynamic market to raise capital, enhanced liquidity, specialized indices, visibility and analyst coverage.’

What sectors are included in the S&P/TSX Composite Index?

The S&P/TSX Composite Index tracks more than 230 constituents across a wide range of sectors, of which the top five by weight are: financials (30.1 percent), energy (16.6 percent), industrials (14 percent), information technology (7.7 percent) and materials (11.9 percent).

What was the highest point for the TSX?

The TSX hit a record high of 22,213.07 points in April 2022. While the exchange was at 19,970 points as of June 16, 2023, there are high expectations that the TSX could move past the 22,000 level by the end of 2023 to set new record highs.

Data for 5 Top Weekly TSX Performers articles is retrieved each Friday after market close using TradingView’s stock screener. Only companies with market capitalizations greater than C$50 million prior to the week’s gains are included. Companies within the non-energy minerals and energy minerals are considered.

Article by Priscila Barrera; FAQs by Melissa Pistilli.

Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com