Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Freeport-McMoRan Inc. regarding a class action lawsuit alleging misleading statements and safety issues at the Grasberg Block Cave mine in Indonesia [1][3]. Summary by Sections Class Action Details - The class period for the lawsuit is from February 15, 2022, to September 24, 2025 [3]. - Allegations include failure to ensure safety at the Grasberg Block Cave mine, which heightened risks of worker fatalities and regulatory, litigation, and reputational risks [3]. Shareholder Actions - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially become lead plaintiffs [4]. - Registration provides access to portfolio monitoring software for status updates throughout the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].

Core Viewpoint - Labrador Gold Corp. is transitioning its business model to a hybrid mining/investment issuer to enhance exploration strategies and provide investors with access to undervalued public equities and early-stage opportunities [1][3][4] Business Transition - The company plans to shift from a pure exploration focus to include equity investments in other resource companies, maintaining its exploration activities while seeking to control or manage investee companies [7][9] - The initial investment will involve purchasing $1 million in units of Northern Shield Resources Inc. as part of a subscription receipts financing [7][19] Strategic Rationale - The change is aimed at addressing inefficiencies in capital markets and appealing to investors looking for unique mining investments not currently available in public markets [3][4] - The company intends to leverage its technical and capital markets expertise to guide investee companies towards value creation [3][10] Key Personnel - Dr. Quinton Hennigh, a renowned geologist with 39 years of experience, will join as an investment advisor to assist in sourcing high-quality investment opportunities [5][6] - Kevin Ramsay, CPA, CA, will join the Board of Directors, enhancing the company's governance and financial oversight [1][7] Investment Strategy - The company aims to provide shareholders with access to unique investment opportunities, combining early-stage access with public market investments [11][18] - Initial capital deployment will be $4 million into at least two resource company investments, with plans to raise additional capital to scale the investment model [15][18] Properties Overview - The Hopedale Property will serve as the qualifying property for the change of business, covering 790 mining claims with significant exploration potential for gold and critical metals [27][28] - The Root and Cellar Property, owned by Northern Shield, shows promise for gold and porphyry copper systems, with initial drilling indicating high-grade mineralization [21][22][23] Future Plans - The company will hold an Annual General and Special Meeting on February 24, 2026, to seek shareholder approval for the change of business [1][34] - Following approval, the company will commence trading as a hybrid resource/investment issuer, with a focus on creating long-term shareholder value through strategic investments [34][42]

Core Viewpoint - MP Materials is positioned as a key player in the U.S. rare-earth metals supply chain, with recent stock pullbacks potentially offering a low-cost investment opportunity for long-term investors [1][7]. Company Overview - MP Materials operates one of the few rare-earth metal mines in the U.S., focusing on critical metals like neodymium and praseodymium, essential for high-performance magnets used in various technologies [2][4]. - The company has experienced significant stock performance, with a year-to-date gain of approximately 250%, although shares have recently declined by about 40% from their peak [3]. Recent Developments - MP Materials has secured three major deals since July 2023, including: - A $400 million investment from the Department of Defense (DOD) [4]. - A $500 million strategic partnership with Apple [4]. - A 49% joint-venture stake with the DOD and Saudi Arabian Mining Company to establish a rare-earth refinery in Saudi Arabia [4]. - The company has achieved record production levels, with a 51% year-over-year increase in NdPR oxide output [4]. Future Outlook - MP Materials aims to become a fully integrated rare-earth producer, although it currently lacks the capacity to produce high-performance magnets at the required scale [6]. - The company anticipates a slight increase in magnet production by 2026, but faces challenges related to capital intensity and production ramp-up [6]. - Despite these challenges, the strategic importance of MP Materials in the U.S. rare-earth sector suggests that aggressive investors may find value in current stock prices [7].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2][3] Group 2 - The company is focused on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

ATLANTA, GA AND DOHA, QA / ACCESS Newswire / December 8, 2025 / Ameerex Corporation (OTC:HIRU) ("Ameerex" or the "Company"), a natural-resources group owned and managed by high-profile Qatari investors, announces that it has signed a Memorandum of Understanding (MoU) to acquire a 100% interest in the Corcoran Canyon Silver-Gold Project in Nye County, Nevada. The NI 43-101 Technical Report for Corcoran Canyon outlines a substantial Inferred Mineral Resource totaling approximately 45.6 million silver-equivale ...

Core Viewpoint - Focus Graphite Inc. has successfully completed a "bought deal" offering, raising approximately $3.89 million through the issuance of units, which include common shares and warrants [1][2]. Group 1: Offering Details - The company issued 9,273,410 units at a price of $0.42 per unit, resulting in aggregate gross proceeds of $3,894,832.20, which includes a partial exercise of an over-allotment option [2]. - Each unit consists of one common share and one warrant, with each warrant allowing the purchase of one common share at an exercise price of $0.60 until June 8, 2028 [2]. - The net proceeds from the offering will be allocated for temporary working capital, payments related to the Government of Canada's Global Partnership Initiative, and general corporate purposes [3]. Group 2: Underwriting and Commissions - The underwriting agreement with Research Capital Corporation included a cash commission of $272,638.25 and the issuance of 649,139 non-transferable broker warrants [5]. - Each broker warrant allows the purchase of one unit at an exercise price of $0.60 until June 8, 2028, with a hold period of 4 months and one day from the date of issue [5]. Group 3: Company Overview - Focus Graphite Advanced Materials Inc. is focused on critical minerals, owning two world-class graphite projects, including the Lac Knife project, which is recognized as one of the most advanced high-purity graphite deposits in North America [7]. - The Lac Tetepisca project is positioned to be one of the largest and highest-purity graphite deposits in North America, enhancing the company's portfolio [8]. - The company emphasizes environmentally sustainable processing solutions and innovative battery technologies, including a patent-pending silicon-enhanced spheroidized graphite [8][9].

Core Insights - Foremost Clean Energy Ltd. has successfully completed its 2025 diamond drill program at the Jean Lake Gold–Lithium Property, consisting of 15 holes totaling 2,266 meters, with assay results from four holes reported and results from the remaining 11 pending [1][2] - The company is initiating a strategic core re-sampling program to enhance geological understanding and fill gaps in data, particularly focusing on intervals adjacent to known high-grade gold intercepts [2][3] Company Developments - The 2025 drill program aims to expand knowledge of the near-surface gold system along the Valkyrie Trend and test the spodumene-bearing B1 Pegmatite, with assay results for holes JL25-005 to JL25-015 still pending [5][6] - A dedicated sampling crew is on-site for re-sampling unsampled intervals to clarify gold continuity and grade distribution, focusing on six high-priority drill holes from 2023 [3][6] Future Plans - Upon receiving all assay results and new re-sampling data, the company will update its geological and structural model for Jean Lake, integrating data from 2023 and 2025 to refine targets for future drilling [6] - An expanded drill program is anticipated for 2026 based on the updated geological model [6]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Viewpoint - Dundee Corporation has entered into an agreement to sell 24,480,000 units at a price of C$4.00 per unit, resulting in gross proceeds of C$97,920,000, which will enhance its liquidity and support general corporate purposes [1][6][10]. Group 1: Sale Transaction Details - The sale will consist of one common share of New Found Gold Corp. and one-half of a common share purchase warrant per unit, with the warrants exercisable at C$5.00 for 12 months [1][4]. - The transaction is scheduled to close on or about December 16, 2025 [3]. - The sale of unit shares will occur through block trades in Canada and on a private placement basis in the U.S. [2]. Group 2: Financial Implications - If all warrants are exercised, total gross proceeds could reach C$159,120,000 [1]. - Post-transaction, Dundee will hold 12,242,569 common shares and 7,655,829 warrants of New Found, representing approximately 3.6% undiluted and 5.7% partially diluted interest [6][8]. - Prior to the transaction, Dundee held 36,722,569 shares, indicating a significant reduction in ownership percentage [8]. Group 3: Strategic Rationale - The transaction allows Dundee to redeploy capital into opportunities that enhance cash generation while retaining a meaningful stake in New Found's future growth [4]. - The proceeds will be used to improve liquidity and support corporate objectives [6][10]. Group 4: Regulatory and Reporting - Dundee will file an early warning report due to the decrease in its holdings below 10%, which will exempt it from certain reporting requirements unless holdings increase again [11]. - The securities sold will not be registered under U.S. securities laws, limiting their sale within the U.S. [5].

Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. and certain senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Arizona, titled Reed v. Freeport-McMoRan Inc., et al., No. 2:25-cv-04243, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. - Investors have until January 12, 2026, to request to lead the case [4]. Group 2: Company Operations and Safety Claims - Freeport-McMoRan operates the Grasberg Copper and Gold Mine in Indonesia, where it has been accused of overstating its commitment to safety while conducting unsafe mining practices [5][6]. - The company had previously promoted its safety procedures, including the use of data and technology to prevent fatal incidents [5]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide [7]. - Following an update on September 24, 2025, indicating two fatalities and a projected 4% and 6% decrease in copper and gold sales, the stock fell by $7.69 per share (almost 17%) [8]. - Additional reports on September 25, 2025, regarding strained relations with the Indonesian government led to a further decline of $2.33 per share (over 6%) [10]. - An Indonesian news report on September 28, 2025, suggested the incident was preventable, further impacting investor confidence [11].