Lithium Universe (LU7:AU) has announced Interview with Executive Chairman
Download the PDF here.
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Bert Dohmen, founder and CEO of Dohmen Capital Research, sees physical gold and silver as key safe havens as a potential bull trap in the broad stock market plays out.
‘We said we’re probably going to go to a new high in a major, widely watched index like the S&P 500 (INDEXSP:.INX). It’s going to be by a small amount a new high, and that’s going to close the bull trap,’ he said.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability.
Still, the brewer reiterated its forecast for fiscal 2026, showing confidence that it can hit its financial targets despite the weaker-than-expected quarterly performance and higher duties.
Shares of the company fell less than 1% in extended trading on Tuesday evening but rose 3% during morning trading on Wednesday after the company’s conference call.
The stock has shed more than 20% of its value this year, fueled by concerns about how the higher duties imposed by President Donald Trump would affect demand for its beer.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
The report, which covers the three months ended May 31, includes the start of Trump’s tariffs on canned beer imports in early April. He also hiked trade duties on aluminum to 25% in mid-March and to 50% in early June.
Both imported beer and aluminum are crucial to Constellation’s beer business, which accounts for roughly 80% of the company’s overall revenue. Constellation’s beer portfolio only includes Mexican imports, like Corona, Pacifico and Modelo Especial, which overtook Bud Light as the top-selling beer brand in the U.S. two years ago.
Constellation reported fiscal first-quarter net income of $516.1 million, or $2.90 per share, down from $877 million, or $4.78 per share, a year earlier. Constellation’s operating margin fell 150 basis points, or 1.5%, in the quarter, in part driven by higher aluminum costs.
Excluding items, the brewer earned $3.22 per share.
Net sales dropped 5.8% to $2.52 billion, fueled by weaker demand for its beer and the company’s divestiture of Svedka vodka.
Constellation is still facing softer consumer demand, CEO Bill Newlands said in a statement. He attributed the weaker sales to “non-structural socioeconomic factors.” Constellation’s beer business saw shipment volumes fall 3.3%, caused by weaker consumer demand.
Last quarter, Newlands said Hispanic consumers were buying less of the company’s beer because of fears over Trump’s immigration policy. Roughly half of Constellation’s beer sales come from Hispanic consumers, according to the company.
But on Wednesday, Newlands demurred when asked about Hispanic consumer sentiment, saying that all shoppers are concerned about higher prices.
“When you see a fair amount of change, both Hispanic and non-Hispanic consumers are concerned about inflation and about cost structure,” Newlands said.
He added that consumers aren’t going out to eat as much and hosting fewer social occasions, which means they are drinking less beer. Still, he maintained that consumer interest in drinking beer hasn’t waned; while shoppers’ overall spending on beer has fallen, their relative spend on beer compared with their total grocery bill has held steady.
For fiscal 2026, Constellation continues to expect comparable earnings per share of $12.60 to $12.90. The company is projecting that organic net sales will range from declining 2% to rising 1%.
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In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get to the Essence Festival of Culture to connect with their core customers.
“Essence Fest is like my Black Friday,” said Rochelle Ivory, owner of beauty brand On the Edge Baby Hair. “It is my biggest sales weekend of the year. It’s where I make all the capital I reinvest in my business.”
Essence Fest kicks off on Friday, with roughly 500,000 people attending the event in New Orleans. It generates around $1 billion in economic activity, according to organizers.
“It’s the cannot-miss event for us,” said Brittney Adams, owner of eyewear brand Focus and Frame. She said this year Essence Fest is even more important because she’s seen Black consumers pulling back on spending.
“I would say the uncertainty of just the economic and political climate — that’s giving people a little bit of hesitancy. Should they save the money? Should they buy the things they want?” Adams said.
Ivory said her sales are down roughly 30% year over year, but she’s hopeful people come to New Orleans looking to spend their time and money in the festival marketplace.
“This could make or break some of us,” she said. “It’s one of the few places where Black women, Black founders can really come together and be seen.”
The Global Black Economic Forum aims to bring visibility and create solutions for Black business owners at Essence Fest. This year speakers include Supreme Court Justice Ketanji Brown-Jackson and Maryland Gov. Wes Moore. Last year, then-Vice President Kamala Harris spoke.
“We intentionally curate a space that allows leaders to preserve, build and reimagine how we can collectively increase economic opportunity to thrive,” said Alphonso David, CEO of the GBEF.
While many Black Americans express economic anxiety, the data is less clear.
In the first quarter of this year, according to Federal Reserve data, the median weekly salary for Black workers was $1,192 a 5% increase year over year. Black unemployment stood at 6% in the most recent jobs report, a historically low number, but still higher than the national average of 4.2%.
However, the data doesn’t appear to fully reflect the sentiment for many Black Americans who are concerned about the political, cultural and economic shifts that have taken place since President Donald Trump’s election.
“Never let a good crisis go to waste,” said John Hope Bryant, founder and CEO of Operation Hope, one of the nation’s largest non-profits focused on financial education and empowerment.
Bryant said he sees the concerns of Black Americans as an opportunity in the second half of 2025.
“This president has done something that hasn’t been done since the 1960s, which is unify Black America. Wealth was created in the early 20th century because Blacks were forced to work together. But instead of Black Lives Matter, let’s make Black capitalist matter,” he said.
Pastor Jamal Bryant of New Birth Missionary Baptist Church has galvanized Black consumers with an organized boycott of Target that began in February in response to the retailer’s decision to roll back diversity, equity and inclusion initiatives.
Bryant said he is in discussions with Target but is ready to organize a longer-term boycott if the retailer does not fulfill the promises it made to the Black community after the killing of George Floyd. He is urging Black Americans to use the estimated $2.1 trillion dollars in spending power forecast by 2026 to drive economic and political change.
“I would dare say that ‘pocketbook protests’ are a revolutionary activity,” said Bryant.
“I think we have to be very selective in light of the ‘Big Ugly Bill’ that just passed and how it will adversely affect our community,” he said, referencing Trump’s megabill that passed through Congress this week.
Invest Fest, an event that blends commerce and culture created by financially focused media company Earn Your Leisure kicks off in Atlanta in August.
Co-CEOs Rashad Bilal and Troy Millings said the event will remain focused on financial literacy, but this year they are emphasizing the urgent need for education and entrepreneurship in technology.
“It’s definitely now or never, the time is now,” said Bilal.
“The important thing this year is the way technology is going to disrupt a lot of career paths and the businesses, and we have to prepare for that, which is why AI is at the forefront of the conversation, crypto is at the forefront of the conversations, real estate as always and entrepreneurship,” said Millings.
New this year is a partnership with venture capital firm Open Opportunity and a pitch competition where an entrepreneur can win $125,000 in funding to scale their business.
“We need more businesses that can reach $100 million valuation to a $1 billion valuation, get on the stock market. The pathway to that 9 times out of 10 is technology,” Bilal said.
The National Black MBA Association Conference in Houston in September will have a similar tone. The event is known for its career fair where the nation’s largest companies recruit as well as for networking and vibrant social activities.
This year, interim CEO Orlando Ashford is working to establish artificial intelligence education and financial literacy as pillars of the event.
“Doing business as usual is not an option,” Ashford told CNBC. “AI is something I literally refer to as a tsunami of change that’s on its way. All of us will be forced to pivot in some ways as it relates to AI. Those of us that are out in front, that embrace it and leverage it actually can turn it into a tremendous and powerful opportunity. Those that wait and ignore it will be overtaken by the wave.”
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Roblox Corporation (RBLX), the company behind the immersive online gaming universe, has been on a strong run since April. This isn’t the first time the stock demonstrated sustained technical strength: RBLX has maintained a StockCharts Technical Rank (SCTR) above 90, aside from a few dips, since last November.
Currently, RBLX is showing up on a few scans that may signal an opportunity for those who are bullish on the stock. It currently ranks among the SCTR Report Top 10, but also appeared on a few cautionary scans, including the Parabolic SAR Sell Signals and Overbought with a Declining RSI scans (both of which are available in the StockCharts Sample Scan Library).
So here’s the question: Is RBLX a strong stock that’s about to undergo a buyable dip?
Weekly Chart: Key Breakout and Resistance Levels
Before we explore that question, let’s take a look at a weekly chart for a broader perspective.
FIGURE 1. WEEKLY CHART OF RBLX. The stock is barely above halfway between its three-year lows and highs. If it delivers the growth investors expect, you could see another leg higher once the pullback completes.
The weekly chart shows RBLX trading in a broad range from late 2022 to late 2024, repeatedly failing to clear resistance near $47–$48. When it finally broke out in November, the stock’s technical strength was reflected in its SCTR score, which held a sustained position above the 90 line save a few declines.
Breaking above the $47–$48 resistance was a key move, as that level turned into support in December and again in April, where RBLX established a base ahead of its current rally. The subsequent move up was sharp, arguably even parabolic, peaking at $106.17 before pulling back.
If you look closely, you’ll see a swing high at around the $125 level (December 2022). This marks a technical level that happens to align with several Wall Street price targets. The blue line at $140 marks RBLX’s all-time high. Both levels can serve as potential price targets and are also likely to act as resistance.
RBLX is a technically strong stock that is fundamentally robust, despite remaining unprofitable on a GAAP basis. With strong user engagement, accelerating revenue growth, and plenty of free cash flow, it’s a favorable growth stock. However, it’s overbought. So, for those looking to get in, what are the key levels to watch out for?
Daily Chart: Fixed and Dynamic Support Levels to Watch
Let’s shift over to a daily chart.
FIGURE 2. DAILY CHART OF RBLX. Although the stock is currently overbought, there are plenty of support levels below. If you’re bullish on the stock, now’s the time to add RBLX to your ChartLists and set price alerts.
The strength of RBLX’s current surge is highlighted by the Bollinger Bands. The stock has been “walking the band” over the past two months. Now that it has pulled back, it appears to be bouncing off the middle band, suggesting that investors are still accumulating the stock.
As far as the pullback is concerned, the Money Flow Index (MFI), a volume-weighted Relative Strength Index (RSI), shows that RBLX entered overbought territory in May and began declining in late June, revealing a divergence between MFI and price—an early signal that RBLX was about to pull back. That pullback materialized on Tuesday. Whether it continues in the coming sessions is something we’ll have to see. In contrast, the Chaikin Money Flow (CMF), a measure of volume-based momentum, suggests that buying pressure is still relatively strong.
Whether RBLX continues advancing or pulls back in the near term, keep an eye on the Bollinger Bands for potential support. You may also encounter a bounce and favorable entry point at $92.50, a “local” swing low.
Another stronger support level sits near $75, aligning with the February and April swing highs. HOWEVER, that’s a huge drop; if the price falls toward this level, you’d have to reevaluate the stock’s momentum, volume, market sentiment, and the broader economic factors that may be driving such a decline.
When to Consider Entering RBLX
If you’re bullish on the stock, RBLX is something you’ll want to monitor in the days ahead. Add it to your ChartLists and observe how it acts within the context of the Bollinger Bands. If the stock declines further, you may want to set a price alert at $92.50 to see how price responds to this recent swing low. As mentioned above, further declines would warrant a re-evaluation, so keep a close eye on the price action.
Is Roblox Stock Still a Buy?
RBLX’s surge reflects growing optimism about the company’s future growth prospects. While it isn’t profitable yet by GAAP standards, its strong performance relative to analyst expectations and its strong free cash flow have made it something of a Wall Street darling. For now, the technicals are the proof in the pudding. If it is what growth investors seek, the price action should provide evidence before the fundamentals validate it in the coming earnings quarters.
Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.
Stocks keep notching record highs. If you’re like most investors, you’re probably wondering, “Should I really chase these prices or sit tight and wait for a pullback?”
Instead of overthinking and ending up in Analysis-Paralysis land, however, it may be worth exploring other avenues — and maybe even something you’ve never thought of.
Enter bearish counter-trend options strategies. Yup, it sounds crazy, especially when the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) closed at fresh highs. But here’s the reality: a well-planned put strategy has the potential to generate some revenue while you wait for the market to slow down or pull back. I got the idea after watching a recent video that dives into these strategies (worth watching if you haven’t).
Finding an Optimal Options Strategy
If you click the OptionsPlay Strategy Center tab on your StockCharts Dashboard (OptionsPlay Add-On for StockCharts required), choose the Bearish Counter Trend or Bullish Counter Trend categories (depending on whether the market is bullish or bearish), and then select the Bear Put Spread strategy, you’ll see all the stocks that meet the criteria. Since stocks are in a bullish trajectory, I decided to look at stocks in the Bearish Counter Trend list. I also chose the 45-day timeframe, a balanced risk profile, and $2,500 max risk. I sorted the list based on IV rank. Walt Disney Co. (DIS) made it to the top of the list.
A couple of points to consider:
- A risk/reward ratio of 0.6 to 1
- Disney’s earnings date of August 6, which falls before the spread expires.
However, looking through the other charts on the list, DIS appeared to be the most likely to pull back in the near term.
Here’s where the beauty of options comes into play. They’re extremely flexible, and you can tweak the strategies to give you a risk/reward that’s more desirable.
With that in mind, let’s dive into Disney’s stock chart and consider how low the stock could go.
Disney’s Daily Chart
Looking at the daily chart of DIS, the stock price has pulled back a bit, and momentum, although relatively high as indicated by the relative strength index (RSI) and percentage price oscillator (PPO), is showing signs of slowing down. If momentum continues to weaken, DIS could move lower and fall to around the $120 level (dashed blue horizontal line).
FIGURE 1. DAILY CHART OF DISNEY STOCK. DIS has been rising after its early May gap up. It’s now pulling back, and Disney’s stock price closed today at $122.98.Chart source: StockCharts.com. For educational purposes.
The Put Spread Can Bring a Little Magic
If you click the Options tab below the chart, you’ll see three strategies you could apply. Since I have a bearish bias, I clicked the Bearish button. The three optimized strategies that came up:
- Sell 100 shares of DIS.
- Buy one DIS put.
- Buy a put vertical. The put vertical has the highest OptionsPlay score and is the one that aligns with the bearish counter-trend strategy.
Looking at the risk curve for the put spread — buying 1 Aug 15 125 put and selling 1 Aug 15 110 put (see below) — you’re risking $471 for a potential reward of $1029. This is slightly better than a 0.6 to 1 risk/reward ratio. The breakeven level is $120.29, which aligns with the support level on the price chart. At least there’s a high probability of breaking even, although you want to do better than that. DIS could fall below the $120 level. I would consider placing this trade.
FIGURE 2: RISK CURVES FOR THREE OPTIMAL STRATEGIES FOR TRADING DIS STOCK. The put vertical spread has the best score, defined-risk, and an attractive payoff.Chart source: StockCharts.com. For educational purposes.
Final Thoughts
Options are dynamic, and if you decide to put on the trade, monitor your open positions regularly. With options, it’s not just about price. Time decay and volatility can change the premiums. If these variables change significantly, consider adjusting your trade.
Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.
President Donald Trump’s administration released its annual report revealing the salaries for every staffer inside the White House on Thursday.
The report shows employees’ earnings in a range of $59,070 at the lowest to $225,700 at the highest, though a few aren’t accepting salaries at all.
The top-paid staffer at the White House is Jacalynne Klopp, a senior adviser and the sole staffer earning $225,700. Behind her is Edgar Mkrtchian, an associate counsel making $203,645.
Behind them comes a group of 33 staffers making $195,200, which includes many well-known names. White House press secretary Karoline Leavitt takes in this level of salary, as does border czar Tom Homan, chief of staff Susan Wiles, trade adviser Peter Navarro, communications director Steven Cheung, and homeland security adviser Stephen Miller.
The White House did not immediately respond to a request for comment from Fox News Digital.
According to the report, there are 108 employees who make between $59,000 and $80,000, while Trump’s speechwriters earn between $92,500 and $121,500.
Eight employees do not receive salaries at all, though some of those are due to overlapping roles in other sections of government.
Secretary of State Marco Rubio is chief among these, not receiving any compensation for his White House role as national security adviser. Special envoy Steve Witkoff also receives compensation from the state department rather than the White House.
Trump’s own compensation is not listed in the report, but the pay scheme for the president is laid out in federal law. As president, Trump earns a base salary of $400,000, as well as a $50,000 expense allowance, $100,000 for travel, and $19,000 for entertainment.
Trump donated his salary to government agencies during his first term in office, but he has not clarified whether he will do the same during his second term.
The White House did not immediately respond when asked about Trump’s compensation.
Read the full list of White House salaries below (App users click here)
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President Donald Trump’s $3.3 trillion ‘big, beautiful bill’ has reportedly set the House record for the longest vote in the history of the lower chamber of Congress.
The procedural vote on the Senate-amended version of the bill lasted for more than seven hours. In 2021, the House spent seven hours and six minutes voting on former President Joe Biden’s ‘Build Back Better’ legislative package.
Wednesday night’s voting surpassed the previous record at 9:15 p.m. ET Wednesday by at least 15 minutes, according to Axios.
Assistant House Minority Leader Joe Neguse, D-Colo., goaded House Republicans by claiming the protracted voting period Wednesday violated House rules, Axios reported.
The extended voting period came as House Speaker Mike Johnson, R-La., wrangled with members of the conservative House Freedom Caucus. They pushed back on the Senate’s version of the megabill over its projected increase to the federal deficit, as well as what they deemed insufficient Medicaid reforms and spending cuts. Rep. Chip Roy, R-Texas, took issue with Senate revisions reintroducing green energy tax credits despite House efforts to roll back such programs.
With the Democrats united in opposition, the future of the more than 800-page, Trump-backed legislative package depends on a handful of GOP holdouts.
Following the overnight session, Johnson said Thursday he was determined to get the Senate-amended bill passed by the House and to the president’s desk by the Independence Day deadline on Friday.
Lawmakers voted to proceed with debate on the Trump agenda bill in the early hours of Thursday – a mechanism known as a ‘rule vote’ – teeing up a final House-wide vote sometime later Thursday morning.
Speaking to reporters Thursday morning, House Majority Leader Steve Scalise, R-La., said that beyond the House Freedom Caucus, some moderate Republicans also have final questions about how the megabill would be implemented.
‘Some of them wanted to talk to some of the different agencies about, you know, how they’re planning on implementing it, which obviously the agency heads have been planning for months on these changes,’ Scalise said. ‘So they walk through those things and that was helpful to members just to at least get a good idea of what to expect once the bill becomes law. Of course, none of it happens if the bill doesn’t become law. So the focus has always been, let’s get this bill passed.’
The Senate passed the ‘big, beautiful bill’ by a razor-thin, 51-50 margin last week, with Vice President JD Vance casting the tie-breaking vote.
Fox News’ Liz Elkind and Tyler Olson contributed to this report.
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Anteros Metals Inc. (CSE: ANT) (‘Anteros’ or the ‘Company’) is pleased to announce assay results from six grab samples collected at the Main Mineralized Zone (‘MMZ’) of its wholly-owned, road-accessible Havens Steady VMS Property (‘Havens Steady’ or the ‘Property’) in central Newfoundland. These samples confirm high-grade lead-zinc-silver mineralization at surface and show associated gold and copper enrichment consistent with a polymetallic volcanogenic massive sulphide (‘VMS’) system.
The grab samples were collected during a recent field visit, focused on confirming the tenor and extent of exposed mineralization within the MMZ. All samples were collected from bedrock outcroppings of gossanous surface material. Surface grab sample highlights are given in Table 1, below.
Table 1: Outcrop grab sample1 highlights
| Sample ID | Pb (%) | Zn (%) | Cu (%) | Ag (g/t) | Au (g/t) |
| HS-25-004 | 1.56 | 9.60 | 0.15 | 45.0 | 0.366 |
| HS-25-003 | 0.46 | 1.66 | 0.22 | 38.4 | 0.513 |
| HS-25-006 | 0.06 | 0.40 | 0.30 | 26.1 | 0.568 |
| HS-25-005 | 0.30 | 0.85 | 0.11 | 19.0 | 0.238 |
| HS-25-001 | 0.10 | 0.07 | 0.04 | 5.5 | 0.043 |
1 Grab samples are selected samples and may not represent true underlying mineralization
‘These samples support the surface expression of MMZ, which we model as a laterally extensive high-grade zone,’ stated Trumbull Fisher, CEO of Anteros Metals. ‘The enrichment in base and precious metals positions the MMZ as a high-priority target for trenching and drill targeting later this season.’
GEOLOGICAL CONTEXT
The MMZ lies within a strongly prospective segment of the Exploits Subzone, an established host to VMS-style deposits in central Newfoundland. The Property area is characterized by felsic to intermediate volcaniclastics that are variably silicified and gossanous at surface. Historical drilling within the Property has documented high-grade VMS-style mineralization, and recent data compilation has revealed copper and gold enriched zones within the MMZ (see May 1, 2025 news release).
These results build on recent prospecting at Havens Steady, where sampling revealed angular float boulders with multi-percent copper grades along-strike from the MMZ (see June 16, 2025 news release), reinforcing the zones potential for further exploration (Figure 1).
Figure 1: Interpreted Property Geology with MMZ and Outcrop Grab Sample Locations
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9885/257584_4cc739fa04831847_002full.jpg
NEXT STEPS
The Company plans to commence a targeted trenching program at the MMZ in the coming weeks, with the aim of exposing and mapping the mineralized zone in detail. Results from trenching will guide a potential Phase I drill program planned for fall 2025, designed to test the down-dip and along-strike extent of mineralization.
QA/QC AND ANALYTICAL METHODS
Samples were collected by Anteros personnel and submitted to Eastern Analytical Ltd. (‘EAL’), an ISO/IEC 17025-accredited laboratory located in Springdale, Newfoundland. EAL regularly inserts certified blanks, reference standards, and sample duplicates into sample sequences to maintain accuracy and precision of results. Multi-element geochemistry was estimated using a 200mg subsample, dissolved in a four-acid solution, and analyzed with inductively coupled plasma optical emission spectroscopy (‘ICP-OES’). Overlimit assays, including lead, zinc, and silver, were completed using multi-acid digestion and atomic absorption spectroscopy (‘AAS’). Gold was estimated through fire assay and AAS of a 30g subsample.
ABOUT THE PROPERTY
Located approximately 40 kilometres southeast of Buchans, the Havens Steady Property hosts a laterally extensive polymetallic volcanogenic massive sulphide (‘VMS’) system within the Storm Brook Formation of the Red Cross Group in the Exploits Subzone of the Dunnage Zone, a prolific metallogenic belt in central Newfoundland. The Property benefits from existing road infrastructure and proximity to hydroelectric power. The region hosts active exploration and world class VMS deposits including the past-producing Duck Pond Mine. The Company cautions that mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization on the Property.
Since acquiring the Property in January 2024, Anteros has compiled an extensive historical dataset that includes airborne electromagnetic surveys, geochemical surveys, and over 15,000 metres of historical drilling. Documented mineralization includes sphalerite, galena, chalcopyrite, and bornite in high-grade polymetallic zones. The known system has a strike length of over a kilometre and remains open at depth. Learn more: www.anterosmetals.com/havens-steady.
QUALIFIED PERSON
The technical content of this news release has been reviewed and approved by Jesse R. Halle, P.Geo., an independent Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
ABOUT Anteros Metals Inc.
Anteros is a multimineral junior mining company applying data science and geological expertise to identify and advance critical mineral opportunities in Newfoundland and Labrador. The Company is currently focused on advancing four key projects across diverse commodities and development horizons. Immediate plans for their flagship Knob Lake Property include bringing the historical Fe-Mn Mineral Resource Estimate into current status as well as commencing baseline environmental and feasibility studies.
For further information please contact or visit:
Email: info@anterosmetals.com | Phone: +1-709-769-1151
Web: www.anterosmetals.com | Social: @anterosmetals
On behalf of the Board of Directors,
Chris Morrison
Director
Email: chris@anterosmetals.com | Phone: +1-709-725-6520 | Web: www.anterosmetals.com/contact
16 Forest Road, Suite 200
St. John’s, NL, Canada A1X 2B9
Cautionary Statement Regarding Forward-Looking Information
This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company’s mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257584
News Provided by Newsfile via QuoteMedia
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(TheNewswire)
Vancouver, British Columbia July 3 rd 2025 TheNewswire – Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the ‘Company’ or ‘Juggernaut’), is pleased to announce a $1,000,000 hard dollar financing from one strategic investor, further confirming the support and excitement of the newly discovered 11 km Highway of Gold surrounding the Eldorado porphyry system on the Big One property. The discovery is in an area of glacial and snowpack abatement next door to the gold-rich porphyry systems at Newmont Mining’s Galore Creek. The Big One Property is a discovery previously announced Jan 20 th (Click Link) with assays up to 79.01 gt gold (2.54 ozt gold) and 3157.89 gt silver (101.5 ozt silver) from over 200 gold-silver-copper rich polymetallic veins up to 8 m wide and striking for up to 500 m that all remain open at surface. The Big One Project covers 33,693 hectares in a globally ranked tier 1 jurisdiction with tremendous additional discovery potential in the heart of the Golden Triangle, British Columbia.
View Juggernaut videos by Clicking Here .
Subject to approval from the TSXV Exchange, the Company will issue 1,562,500 hard dollar units priced at $0.64 each for gross proceeds of $1,000,000. Each hard dollar unit will consist of one common share plus one warrant at $0.84 for a sixty-month period, with a forced accelerated conversion after 10 consecutive trading days at or above $1.84, callable at management’s discretion. The fully subscribed placement is scheduled to close on July 14th, 2025. The proceeds will be used for general working capital.
Mr. Dan Stuart, Director, President, and CEO of Juggernaut, states:
This investment, coupled with the ongoing support and interest from other globally recognized Institutions and senior miners, is a strong endorsement that clearly demonstrates the significant near-term discovery potential of our 100% controlled properties. Since May of this year, the Company has raised ~ $12,500,000, and post-financing, Juggernaut will have an extremely tight capital structure of just 30,985,170 shares, no debt, and a strong cash position. As such, we are well-positioned to move forward with our plans of drilling The Big One Discovery. With much anticipation, we look forward to executing the inaugural exploration program and reporting results.’
All shares issued pursuant to this offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.
About Juggernaut Exploration Ltd.
Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.
For more information, please contact
Juggernaut Exploration Ltd.
Dan Stuart
President, Director, and Chief Executive Officer
604-559-8028
info@juggernautexploration.com
www.juggernautexploration.com
Qualified Person
Rein Turna P. Geo is the independent qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.
Grab samples are selected samples and may not represent true underlying mineralization.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FORWARD LOOKING STATEMENT
Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.
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