Saudi, Qatari And Emirati Funding In Paramount-Warner Bros. Takeover Bid Raises National Security Concerns, Democrats Sayhttps://t.co/DzRxEvsUfi https://t.co/Kioxpr7oFy ...

Core Insights - The European Union is showing interest in Australia's critical minerals, indicating potential opportunities for investment and trade in this sector [2] - The U.S. Federal Reserve is perceived to have an 80% chance of cutting interest rates, which could impact global markets and investment strategies [2] - BHP Group is making moves to engage with Anglo-American, linked to developments in the Simandou project, suggesting strategic positioning in the mining sector [2] - Monash IVF Group has rejected a lowball takeover bid from a consortium, highlighting the competitive landscape in the healthcare sector [2] Group 1 - The European Union's interest in critical minerals could lead to increased demand for Australian resources, potentially benefiting local mining companies [2] - The anticipated rate cuts by the U.S. Federal Reserve may influence investment flows and market dynamics, particularly in sectors sensitive to interest rates [2] - BHP Group's renewed interest in Anglo-American is tied to the progress of the Simandou project, which may affect the competitive landscape in the mining industry [2] Group 2 - Monash IVF Group's rejection of a takeover bid reflects the ongoing consolidation trends in the healthcare sector, as companies evaluate their strategic options [2] - The mention of children circumventing Snapchat bans indicates a shift in social media usage trends, which could have implications for companies in the tech and advertising sectors [2]

Core Viewpoint - The Board of Directors of Gold Basin Resources Corporation recommends that shareholders reject the unsolicited offer from CANEX Metals Inc. to acquire all issued and outstanding common shares of Gold Basin [4][6][11]. Group 1: Offer Details - The offer from CANEX, dated August 28, 2025, proposes that each holder of Gold Basin Shares would receive 0.592 of a common share in CANEX for each Gold Basin Share tendered [4]. - The offer is set to expire at 5:00 p.m. Toronto time on December 12, 2025, unless extended, accelerated, or withdrawn by the Offeror [4]. Group 2: Reasons for Rejection - The Board believes that the ongoing development of the Gold Basin Project is in the best interests of the Company and its shareholders in the long term [9]. - Technical due diligence indicates that the potential for discovering a sizable oxide gold deposit on CANEX's Gold Range Project is unlikely compared to the Gold Basin Project [9]. - The Board has identified misrepresentations in the Offer Circular by CANEX, which they believe mislead shareholders regarding the merits of the offer [9][14]. - The offer includes excessive conditionality, such as requiring 66⅔% of Gold Basin Shares to be tendered, which exceeds the statutory minimum and is unlikely to be met [9][10]. Group 3: Recent Developments - The Company announced the termination of the Option Agreement on the New Pass Property in Nevada and changes in its executive team, including the appointment of a new Interim CEO [12]. - A cease trade order was issued by the British Columbia Securities Commission on May 6, 2025, due to the failure to file certain continuous disclosure documents, resulting in a halt in trading of Gold Basin Shares [12]. - The Company entered into a binding farm-in agreement with Helix Resources Limited, allowing Helix to earn up to a 40% interest in the Gold Basin Project [12]. Group 4: Misleading Statements - The Offer Circular contains inaccuracies regarding the White Hills Project and the Helix Farm-In Agreement, which the Board asserts are misleading and not reflective of the Company's actual circumstances [13][14][19]. - The Board emphasizes that the Helix Farm-In Agreement was negotiated at arm's length and was not executed in response to a takeover bid, countering claims made by CANEX [19].

Spain’s Economy Minister Carlos Cuerpo discusses the country's defense spending plans as NATO leaders meet in The Hague for a summit expected to endorse the new investment targets. He tells Bloomberg Television that Spain has estimated what it needs to spend and that this amounts to 2.1% of output and that it will remain a "responsible NATO ally." He also comments on the decision by the Spanish government regarding BBVA's bid for Banco Sabadell. 00:00 - Spanish Economy Minister on NATO spending, 2.1% of GDP ...