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Precious Metals & Critical Minerals Hybrid Investor Conference: Presentations Now Available for Online Viewing

Investing 2 Mins Read

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from Precious Metals & Critical Minerals Hybrid Virtual Investor Conference held May 22 nd are now available for online viewing.

VIEW PRESENTATIONS HERE

The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download
investor materials from the company’s resource section.

May 22 nd

Presentation Ticker(s)
Keynote Presentation: ‘What’s next for precious metals?’
-Jeff Christian, Managing Partner of CPM Group
Viva Gold Corp. (OTCQB: VAUCF | TSXV: VAU)
StrikePoint Gold, Inc. (OTCQB: STKXF | TSXV: SKP)
Honey Badger Silver Inc. (OTCQB: HBEIF | TSXV: TUF)
Relevant Gold Corp. (OTCQB: RGCCF | TSXV: RGC)
Keynote Presentation: ‘Surveying the Critical Metals Landscape,’
–Jack Lifton, Senior Advisor, Energy Fuels, Inc.
Azimut Exploration Inc. (OTCQX: AZMTF | TSXV: AZM)
Energy Fuels Inc. (NYSE American: UUUU | TSX: EFR)
Lion Copper & Gold Corp. (OTCQB: LCGMF | CSE: LEO)
Alaska Silver Corp. (Pink: WAMFF |TSXV: WAM)
Cygnus Metals Ltd. (OTCQB: CYGGF |TSXV: CYG |ASX: CY5)
Power Metallic Mines, Inc. (OTCQB: PNPNF |TSXV: PNPN)

To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .

About Virtual Investor Conferences ®

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Media Contact:  
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

Virtual Investor Conferences Contact:
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

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Investing

Crypto Market Recap: Bitcoin Breaks US$111,000, Trump Courts Memecoin Mega Donors

Investing 4 Mins Read

Here’s a quick recap of the crypto landscape for Friday (May 23) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$110,637 as markets closed, down 2.4 percent in 24 hours. The day’s range for the cryptocurrency brought a low of US$108,334 and a new all-time high of US$111,814.

Bitcoin performance, May 23, 2025.

Chart via TradingView.

Ethereum (ETH) finished the trading day at US$2,659.55, a 3.5 percent decrease over the past 24 hours. The cryptocurrency reached an intraday low of US$2,541.09 and saw a daily high of US$2,720.92.

Altcoin price update

  • Solana (SOL) closed at US$179.09, down 0.5 percent over 24 hours. SOL experienced a low of US$176.13 and a high of US$186.92.
  • XRP is trading at US$2.43, reflecting a 3.0 percent decrease over 24 hours. The cryptocurrency reached a daily low of US$2.34 and a high of US$2.47.
  • Sui (SUI) is priced at US$3.83, showing a decreaseof 5.0 percent over the past 24 hours. It achieved a daily low of US$3.62 and a high of US$3.96.
  • Cardano (ADA) is trading at US$0.7973, down 3.2 percent over the past 24 hours. Its lowest price of the day was US$0.7717, and it reached a high of US$0.8341.

Today’s crypto news to know

Bitcoin price blasts past US$111,000

Bitcoin soared to a new all-time high of US$111,980 this week, extending its bull run on the back of rising institutional demand and increasingly vocal political support from Donald Trump.

The rally came as Trump hosted a private dinner at his Virginia golf club for top holders of his $TRUMP memecoin, an event that underscored his pivot to becoming crypto’s most visible political backer.

Analysts pointed to surging interest from entities like Strategy (formerly MicroStrategy), which just filed to sell US$2.1 billion in stock to buy more Bitcoin, as a key driver.

The rally is also fueled by expectations of clearer crypto regulation, with the Senate advancing a pro-stablecoin bill that Trump allies have framed as a pro-growth measure.

Major US banks bill unified Stablecoin

Several of the biggest US banks — including JPMorgan, Wells Fargo, Bank of America, and Citigroup — are in early discussions to jointly launch a stablecoin, according to a new Wall Street Journal report.

The goal: to create a financial instrument that can keep pace with crypto-native payment systems and prevent a further shift away from traditional finance.

Industry insiders say payment infrastructure arms like Zelle’s operator, Early Warning Services, and The Clearing House are also involved in talks. The stablecoin would likely be dollar-pegged and open to broader banking adoption beyond the founding consortium, reflecting a desire to modernize settlement rails and attract fintech interest.

The move comes as the GENIUS Act gains momentum in the US Senate, laying the groundwork for a formal regulatory framework around stablecoins.

Sun praises Trump at dinner, calls memecoins ‘underrated’

Justin Sun, once under legal siege during the Biden administration, was front and center at Donald Trump’s exclusive dinner for TRUMP memecoin whales — using the moment to declare a new era for crypto in the US.

In an interview after the event, Sun pushed back against critics who accused the memecoin gathering of being a crypto-access-for-cash scheme, saying skeptics are missing the big picture.

Sun has been a key figure in Trump’s crypto orbit since late last year, reportedly investing up to US$75 million in Trump-affiliated crypto projects, including World Liberty Financial tokens.

Legal issues still follow Sun — including an ongoing DOJ investigation — but his comments make clear that the crypto industry sees Trump’s administration as a major opening.

Ember Sword becomes latest Web3 game casualty amid market slump

Ethereum-based MMORPG Ember Sword has shut down its development, citing an inability to raise sufficient funding despite a previously strong start and multimillion-dollar NFT land sales.

The studio behind the game posted a farewell note to supporters, saying that even with early access launched and high-profile advisors onboard, current market conditions were too harsh to sustain the project.

The team had switched platforms multiple times — from Polygon to Immutable X and later to Mantle — in search of better scalability, but the moves weren’t enough to keep the dream alive.

Ember Sword joins a growing list of web3 gaming failures this year, including Deadrop and Tatsumeeko, as investor appetite for blockchain games cools significantly. The game’s token, EMBER, has lost over 99 percent of its value from its peak, now trading at a mere US$0.00047.

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

This post appeared first on investingnews.com

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Josef Schachter: Oil to US$80 by Q4? Plus When to Buy the Dip in Stocks

Investing 1 Min Read

Josef Schachter of the Schachter Energy Report shares his updated outlook for oil and natural gas.

He sees a buy window potentially opening for stocks in June, and also believes oil prices are due to rise.

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

This post appeared first on investingnews.com

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Editor’s Picks: ECB Issues Gold Warning, Uranium Stocks Jump on Trump Executive Orders

Investing 4 Mins Read

It was a slow start to the week for gold, but it didn’t take long for the price to pick up.

The yellow metal began the period at the US$3,220 per ounce level, but was gaining steam by Tuesday (May 20), briefly breaking US$3,300. Gold continued higher the next day, and after pulling back briefly on Thursday (May 22) was able to finish the week strong, changing hands at the US$3,360 level.

Bond market turmoil is one factor that’s been influencing gold’s price movements.

A Wednesday (May 21) auction of 20-year bonds was poorly received, with yields surging past 5.1 percent to reach the highest level seen since November 2023. Yields for 10-year and 30-year bonds were also on the rise, with the latter nearing a two-decade high as stocks and the dollar took hits.

The upheaval in bonds came on the back of US President Donald Trump’s efforts to get the One Big Beautiful Bill through the House. Slowing the passage of the wide-ranging domestic policy package were concerns that Trump’s plan to cut taxes would significantly increase US debt.

‘Make no mistake, the bond market will have its own vote on the terms of the budget bill. It doesn’t seem this president or this Congress is actually going to meaningfully reduce the deficit’ — George Catrambone, DWS Americas

Last week’s downgrade of US debt from Moody’s (NYSE:MCO) also didn’t help bonds. The agency bumped its rating down from AAA, its highest ranking, to AA1, which is one step lower. It expects even larger deficits in the US in the coming decade as government revenue stays flat and entitlement spending rises.

The One Big Beautiful Bill ultimately passed on Thursday by a very slim margin, receiving 215 votes in favor and 214 against. It will now proceed to the Senate, where it may face further obstacles.

Contained in the bill are tax cut extensions for both individuals and corporations, as well as provisions for removing taxes on tips and overtime. Among other points, it also allows for tax deductions on American-made vehicles, and offers ‘Trump savings accounts’ for newborns. It cuts funding to initiatives like Medicaid and the Supplemental Nutrition Assistance Program, better known as SNAP.

Preliminary analysis from the Congressional Budget Office, which is a nonpartisan organization, suggests that the bill will increase the federal deficit by US$3.8 trillion during the 2026 to 2034 period.

Bullet briefing — Trump signs nuclear orders, ECB issues gold warning

Trump executive orders boost uranium stocks

The uranium sector got a boost on Friday (May 23) after Trump signed several executive orders geared at overhauling the country’s Nuclear Regulatory Commission and speeding up nuclear reactor deployment.

‘It’s a hot industry. It’s a brilliant industry. You have to do it right,’ Trump told reporters about the nuclear energy sector. The executive orders also focus on power up US uranium mining and enrichment, and will allow nuclear reactors to be built on federal land.

The news sent uranium stocks powering higher, with sector major Cameco (TSX:CCO,NYSE:CCJ) closing the day up 10.04 percent at C$80.55. Denison Mines (TSX:DML,NYSEAMERICAN:DNN) and Uranium Energy (NYSEAMERICAN:UEC) saw even larger gains of 13.49 percent and 25 percent, respectively.

The Sprott Uranium Miners ETF (ARCA:URNM) finished up 12.14 percent.

Gold a threat to financial stability?

A note from the European Central Bank (ECB) turned heads this week with the suggestion that certain dynamics could make the gold market a threat to financial stability. Here’s a key excerpt from the report:

While gold prices are driven by many factors, investors showed high demand for gold as a safe haven asset and, at the beginning of 2025, a notable preference for gold futures contracts to be settled physically. These dynamics hint at investors’ expectations that geopolitical risks and policy uncertainty could remain elevated or even intensify in the foreseeable future. Should extreme events materialise, there could be adverse effects on financial stability arising from gold markets.

The full ECB report is definitely worth a read if you have the time.

China’s April gold imports surge

Gold’s high price hasn’t deterred buyers in China — new customs data from the country shows that April imports clocked in at 127.5 metric tons, an 11 month high.

That’s also a 73 percent increase from the previous month, according to Bloomberg. The news outlet notes that China’s central bank controls the flow of gold in and out of the country, so the strong increase is likely the result of fresh quotas given to some commercial banks.

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

This post appeared first on investingnews.com

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Business

FTC drops Biden-era suit accusing Pepsi of price discrimination

Business 3 Mins Read

The Federal Trade Commission voted to dismiss a lawsuit filed in the last days of the Biden administration that accused PepsiCo of offering sweetheart pricing to big retailers.

FTC Chair Andrew Ferguson dissented to the suit when it was filed in January, when he was one of the regulator’s commissioners. Now the agency’s leader, Ferguson on Thursday again criticized the case as “a nakedly political effort to commit this administration to pursuing little more than a hunch that Pepsi had violated the law.”

“The FTC’s outstanding staff will instead get back to work protecting consumers and ensuring a fair and competitive business environment,” he said in a statement.

The FTC voted 3-0 to drop the suit. The panel is supposed to be made up of five commissioners, no more than three of whom can share the same political party. But it is currently led by three Republicans after President Donald Trump fired its two Democratic commissioners in March. The two ousted officials have slammed their removals as illegal and are urging a judge to reinstate them.

Pepsi welcomed the FTC decision Thursday. “PepsiCo has always and will continue to provide all customers with fair, competitive, and non-discriminatory pricing, discounts and promotional value,” a spokesperson said in a statement. Beyond its namesake soda, the company makes an array of snacks and other food products, including Doritos, Rold Gold pretzels and Sabra hummus.

Former FTC Chair Lina Khan, who led the commission when the agency brought its case against Pepsi, criticized the move Thursday as “disturbing behavior” by the agency.

“This lawsuit would’ve protected families from paying higher prices at the grocery store and stopped conduct that squeezes small businesses and communities across America,” she wrote on X Thursday evening. “Dismissing it is a gift to giant retailers as they gear up to hike prices.”

The decision comes little more than a week after top-ranking Democrats on Capitol Hill sent a letter to Pepsi demanding more information about its pricing strategy. They sought to revive a Biden-era focus on price-gouging as a driver of inflation, an argument that has taken a back seat to the Trump administration’s attention on purportedly unfair trade arrangements.

But major corporations continue to draw scrutiny from the White House over pricing in other ways. Last weekend, Trump slammed Walmart for warning that it was likely to raise prices to offset the costs of his import taxes, demanding on social media that it “EAT THE TARIFFS.”

In the days since then, other major consumer brands have appeared to tread cautiously around pricing. Target said Wednesday that charging customers more would be its “very last resort.” Home Depot virtually ruled out price hikes this week, and Lowe’s barely mentioned tariff impacts in its Wednesday earnings call at all.

CORRECTION (May 22, 2025, 8:45 p.m. ET): Due to an editing error, a previous version of this article misstated when congressional Democrats sent their letter to Pepsi. It was on May 11, not last weekend.

This post appeared first on NBC NEWS

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Business

United Airlines reaches ‘industry-leading’ labor deal with flight attendants, union says

Business 1 Min Read

United Airlines reached an “industry-leading” tentative labor deal for its 28,000 flight attendants, their union said Friday.

The deal includes “40% of total economic improvements” in the first year and retroactive pay, a signing bonus, and quality of life improvements, like better scheduling and on-call time, the Association of Flight Attendants-CWA said.

The union did not provide further details about the deal.

United flight attendants have not had a raise since 2020.

The cabin crew members voted last year to authorize the union to strike if a deal wasn’t reached. They had also sought federal mediation in negotiations.

U.S. flight attendants have pushed for wage increases for years after pilots and other work groups secured new labor deals in the wake of the pandemic. United is the last of the major U.S. carriers to get a deal done with its flight attendants.

The deal must still face a vote by flight attendants, and contract language will be finalized in the coming days, United said.

This post appeared first on NBC NEWS

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Trump clears Nippon merger with U.S. Steel

Business 2 Mins Read

President Donald Trump on Friday cleared the merger of U.S. Steel and Nippon Steel, after the Japanese steelmaker’s previous bid to acquire its U.S. rival had been blocked on national security grounds.

“This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. Economy,” Trump said in a post on his social media platform Truth Social.

U.S. Steel’s headquarters will remain in Pittsburgh and the bulk of the investment will take place over the next 14 months, the president said. U.S. Steel shares surged more than 20% to close at $52.01 per share after Trump’s announcement.

Pennsylvania Gov. Josh Shapiro applauded the agreement, saying he worked with local, state and federal leaders ‘to press for the best deal to keep U.S. Steel headquartered in Pittsburgh, protect union jobs, and secure the future of steelmaking in Western Pennsylvania.’

In his own statement, Lieutenant Gov. Austin Davis called the announcement ‘promising,’ but added: ‘I want to make sure everyone involved in the deal holds up their end of the bargain. I look forward to seeing the promised investments become a reality and the workers receive everything they’ve fought for.’

President Joe Biden blocked Nippon Steel from purchasing U.S. Steel for $14.9 billion in January, citing national security concerns. Biden said at the time that the acquisition would create a risk to supply chains that are critical for the U.S.

Trump, however, ordered a new review of the proposed acquisition in April, directing the Committee on Foreign Investment in the United States to determine “whether further action in this matter may be appropriate.”

Trump said he would hold a rally at U.S. Steel in Pittsburgh on May 30.

This post appeared first on NBC NEWS

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Stock

MACD + ADX: Spot the Pullbacks Worth Trading

Stock 1 Min Read

In this video, Joe shares how to use MACD and ADX indicators to analyze stock pullbacks, focusing on the good while avoiding the weak setups. He explains how these indicators can complement one another. Joe then shows the Summary Page in ACP and how he uses it on a regular basis to look at different markets, including the SPX, COMP, S&P 600, 10-Year Rates, Copper, Gas, and a few Country Funds. Finally, he goes through the symbol requests that came through this week, including CRSP, VC, and more.

The video premiered on May 21, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

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S&P 500 Slide Explained: What Past Price Action Reveals About Market Dips

Stock 5 Mins Read

On Wednesday, only 4% of the S&P 500’s holdings logged gains — a pretty rare occurrence. Since the start of 2024, this has only happened three other times:

  • August 5, 2024: The last day of the summer correction
  • December 18, 2024: The Fed’s hawkish cut
  • April 4, 2025: Tariffs

Let’s recall that major trading lows were etched last August, and again just a few weeks ago in early April. The S&P 500 ($SPX) dropped 10% and 21%, respectively, from its peak to trough both times, with the lows being marked by emphatic capitulation events (April 7 was the real pivot low). The market’s rubber band violently snapped back in the ensuing weeks, both times.

FIGURE 1. PAST LOWS IN THE S&P 500 INDEX. Note the rebounds following the August 5, December 18, and April 4 drops.With the SPX now having gained 20% from the April low, the setup is more like mid-December 2024. The index had just gained 19% from early August through early December and was hovering near 6,100. The FOMC’s actions put a major dent in the calm uptrend.

The S&P 500 didn’t completely crumble after that, spending the next 10 weeks backing and filling. But the market’s character changed, and the cracks eventually gave way to the waterfall decline.

So, what does that tell us about this moment? There’s a clear risk given the one-sided advance the last few weeks, but, with bullish patterns still in play and the $SPX having built up a big cushion, it can afford to back and fill again now. It’s the first gut punch in four weeks, and the market must prove it can absorb it.

Short-Term View of the S&P 500

The drawdown measured from this Monday’s high now stands at -2.4% — most of which happened on Wednesday. Given how small the moves have been over the last few weeks, Wednesday’s big decline hit the 14-period relative strength index (RSI) on the two-hour chart very hard. It’s now at 41, which is very close to the 30-oversold threshold.

Again, we’ve seen the short-term indicator fall to oversold territory several times, even during the market’s upswing from August through December. Seeing that happen again this time wouldn’t be a surprise. If it happens, it will be important to see the ensuing bounce pull the SPX back to overbought territory relatively soon. Remember, we went nearly four months between overbought readings from late January through mid-May.

FIGURE 2. TWO-HOUR CHART OF THE S&P 500 WITH RSI.

S&P 500 Patterns

Despite the sell-off, there was no change in the patterns at work. The two bullish patterns remain in play, with targets of 6,125 and 6,555, respectively. The S&P 500 started Thursday, at about 2.5% above the last breakout zone (5,695).

FIGURE 3. DAILY CHART OF THE S&P 500 WITH BULLISH PATTERNS. Here you see the pattern with a 6,125 target.

FIGURE 4. DAILY CHART OF S&P 500 WITH 6,555 PRICE TARGET.

Monitor the VIX

Not surprisingly, the Cboe Volatility Index ($VIX) gained 15% on Wednesday in response to the market’s sell-off. It remains close to 20, but continues to log higher lows, which has been the trend since late 2024. Indeed, it’s way off spike highs from April, but it’s a trend worth watching.

Let’s recall that the VIX never truly capitulated in 2022, but its trend of higher lows coincided with the equity market’s downtrend. When the SPX logged a true low in October 2022, lower lows in the VIX became evident. This lasted through this past summer.

If the snapback in the SPX turns into a longer, new uptrend, the VIX’s uptrend will morph into a downtrend again.

FIGURE 5. WEEKLY CHART OF THE CBOE VOLATILITY INDEX ($VIX).

Bonds Display Bullish Patterns

The bullish pattern in the weekly 30-Year Treasury yields and 10-Year Treasury yields is crystal clear. An acceleration through the 2023 highs after Wednesday would have an obvious negative effect on stocks.

As discussed before, the equity market has shown it can advance with higher rates, as long as said rates go higher gradually. The intermittent up-moves in rates have been capped for the last two years as well. Thus, stocks have been able to withstand it. That wasn’t the case from January to September 2022, and that’s the potential concern.

FIGURE 6. WEEKLY CHART OF THE 30-YEAR US TRASURY YIELD INDEX.

FIGURE 7. WEEKLY CHART OF THE 10-YEAR US TREASURY YIELD INDEX.

Bitcoin Holding Strong

So far, Bitcoin has maintained noticeable relative strength even as stocks got hit hard on Wednesday. Simply put, continuing to hold above this breakout zone would keep the new measured move target of 142k in play.

FIGURE 8. WEEKLY CHART OF $BTCUSD WITH ITS MEASURED MOVE TARGET.

From another perspective, this move can also be viewed as the fourth wedge breakout since 2023. The prior three times, BTC’s 14-week RSI stayed very overbought for weeks before slowing down. The 14-week RSI is just approaching overbought levels, which suggests it has further to go.

FIGURE 9. WEEKLY CHART OF $BTCUSD WITH WEDGE BREAKOUTS AND RSI.

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Investing

Element79 Gold Corp. Comments on Peruvian Government Reform Centralizing Oversight of Small-Scale Mining Under Ministry of Energy and Mines

Investing 6 Mins Read

(TheNewswire)

Vancouver, British Columbia TheNewswire – May 22, 2025 Element79 Gold Corp. (the ‘Company’ or ‘Element79’) (CSE: ELEM, OTC: ELMGF, FSE: 7YS0) wishes to comment on recent developments affecting the mining sector in Peru, where the Company’s flagship Lucero Project is located.

Highlights:

  • The Peruvian government has enacted Supreme Decree No. 009-2025-EM , transferring oversight of small-scale and artisanal mining from regional governments to the Ministry of Energy and Mines (MINEM) .

  • The deadline for the mandated Formalization of REINFO (Comprehensive Mining Formalization Registry) permit holders with mineral right holders has been extended until December 31, 2025 , giving operators more time to formalize.

  • MINEM’s Directorate General of Mining Formalization will now handle all administrative, monitoring, and enforcement processes related to mining formalization.

  • Reform is grounded in Law No. 32213 , published in December 2024.

  • A new national traceability platform (SIPMMA) is being launched to improve transparency and monitoring of registered small-scale mining operations.

  • The reform has raised concerns among regional governments over loss of local oversight and potential impacts on decentralized governance.

  • The Lucero Project remains a core focus , with continued efforts to formalize local artisanal miners and advance exploration toward production.

  • The Company reaffirms its commitment to social investment and long-term community relationships in Chachas and surrounding areas.

In May 2025, the Government of Peru enacted Supreme Decree No. 009-2025-EM, which extends the validity of the Comprehensive Mining Formalization Registry (REINFO) until December 31, 2025, and shifts responsibility for supervising small-scale and artisanal mining from regional governments to the Ministry of Energy and Mines (MINEM).

Under this reform, the Directorate General of Mining Formalization within MINEM will assume exclusive responsibility for the administrative processing, monitoring, and enforcement of formalization-related matters. The changes are grounded in Law No. 32213, published in December 2024, and are designed to enable a more centralized, technical, and transparent regulatory process.

This centralization will be further supported by the implementation of a new national traceability platform, the Sistema Interoperable de la Pequeña Minería y Minería Artesanal (SIPMMA), which aims to improve oversight and data integration across registered mining activities.

While the reform has raised concerns among regional governments regarding reduced local oversight and the implications for decentralized governance, Element79 believes the changes may ultimately contribute to improved regulatory clarity and operational efficiencies across the sector.

‘We are closely monitoring this policy shift and its implementation,’ commented James Tworek, CEO and Director of Element79 Gold Corp. ‘Given Lucero’s location and strategic focus within the artisanal and small-scale mining segment, we view enhanced regulatory structure and centralized oversight as potentially beneficial, provided that community engagement and regional collaboration remain part of the process.’

The Company further notes that the extension of the REINFO deadline through December 2025 allows additional time for regional operators and stakeholders to advance their formalization efforts, which may support ongoing engagement strategies with artisanal miners operating within and around the Lucero Project.

Element79 Gold Corp believes in the long-term potential of the Lucero Project, continues to maintain the project’s mineral leases, and is proud of the community-based investments, social development efforts, and relationships it has built since acquiring Lucero at the end of June 2022. The Company will continue its efforts in forging contracts with the local community for both the formalization of local artisanal miners as well as the Company’s own exploration and development of Lucero into a producing mine.

Corporate Strategy Refocus

In addition to ongoing efforts and campaigns to work in Chachas, the Company’s management and board identifies that following notable successes in developing and monetizing assets in Nevada, it will be carrying out a renewed strategic focus in the region.  This strategic shift will include dealing and development of its current portfolio of Nevada projects, growth of the management team with regionally-specific exploration experience, as well as is reviewing additional M&A opportunities in the region.

For more information about the Company and its projects, please visit: www.element79.gold

ON BEHALF OF THE BOARD OF DIRECTORS

James C. Tworek

Chief Executive Officer, Director

Element79 Gold Corp.

E: jt@element79.gold

Investor Relations Contact:

E: investors@element79.gold

T: +1.403.850.8050

About Element79 Gold Corp.

Element79 Gold Corp. is a mining company focused on the exploration and development of high-grade gold and silver projects in the Americas. The Company’s flagship asset, the Lucero Project, is a past-producing high-grade gold-silver mine located in Arequipa, Peru. The Company is actively advancing Lucero toward renewed production and tailings reprocessing while supporting formalization initiatives with local operators.

The Company also holds several exploration projects along Nevada’s Battle Mountain trend, a region renowned for prolific gold production, and these assets are under contract for sale in the first half of 2025.  Additionally, Element79 has transferred its Dale Property in Ontario to its subsidiary, Synergy Metals Corp., as part of a Plan of Arrangement spin-out process.

Cautionary Note Regarding Forward-Looking Statements

This press contains ‘forward‐looking information’ and ‘forward-looking statements’ under applicable securities laws (collectively, ‘forward‐looking statements’). These statements relate to future events or the Company’s future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made considering management’s experience and perception of historical trends, current conditions and expected future developments. Forward-looking statements include, but are not limited to, statements with respect to: the timing and completion of the arrangement and the timing and completion of the amalgamation. Assumptions may prove to be incorrect and actual results may differ materially from those anticipated. Consequently, forward-looking statements cannot be guaranteed. As such, investors are cautioned not to place undue reliance upon forward-looking statements as there can be no assurance that the plans, assumptions or expectations upon which they are placed will occur. All statements other than statements of historical fact may be forward‐looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘forecast’, ‘potential’, ‘target’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’ and similar expressions) are not statements of historical fact and may be ‘forward‐looking statements’.

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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