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Body of Ukrainian journalist who died in Russian detention returned by Moscow with signs of torture and with missing organs

The body of a young Ukrainian woman who died in Russian captivity after being held incommunicado for months was returned to Ukraine showing signs of torture, Ukrainian prosecutors have said.

Kyiv said the remains of journalist Victoria Roshchyna, who went missing during a reporting trip, were returned as part of a body exchange between Ukraine and Russia in February.

Yuriy Belousov, who heads the war crimes department at the Ukrainian Prosecutor General’s Office, said that forensic examination found “numerous signs of torture and ill-treatment… including abrasions and hemorrhages on various parts of the body, a broken rib and possible traces of electric shock.”

He said the experts have determined the injuries were sustained while Roshchyna was still alive.

Belousov said that repeated DNA analyses confirmed the body belonged to Roshchyna, even though it reportedly arrived from Russia labeled as “an unidentified male.” He said the state of the body made it impossible to determine the cause of Roshchyna’s death, but added that Ukraine was working with international forensic experts to get more answers.

Roshchyna’s colleagues at Ukrainska Pravda said her body was returned from Russia with missing organs. Citing members of the investigating team who handled her remains, they said the brain, eyeballs and part of the trachea, or windpipe, were missing, in what they said could have been an attempt by Russia to disguise the cause of death.

Held in brutal detention center

Roshchyna went missing in August 2023. Her colleagues said the reporter went to a Russian-held part of Ukraine – a dangerous ordeal for any Ukrainian – to report on the lives of people living under occupation.

Journalist Evgeniya Motorevskaya, who worked with Roshchyna as the former editor of Hromadske, a Ukrainian media outlet, said the young reporter was determined to do her job as best as she could.

“For her, there was nothing more important than journalism. Vika was always where the most important events for the country took place. And she would have continued to do this for many years, but the Russians killed her,” she said in a statement published on Hromadske’s website when Roshchyna’s death was first announced, referring to her by her diminutive.

Roshchyna’s father first raised the alarm when she stopped responding to messages while on the assignment, but her family had no idea about her whereabouts until nine months later, when Moscow finally admitted it was holding her in detention.

Like thousands of other Ukrainian civilians, Roshchyna was snatched by Russian authorities in occupied Ukraine and deported into Russia where she was held without charge or trial.

By September 2024, Roshchyna, a healthy 27-year old, was dead – although her family didn’t find out until about a month later, when they received a notification from Russia.

Petro Yatsenko, spokesperson for the Ukrainian Coordination Center for the Treatment of Prisoners of War, said in October that Roshchyna died while being transferred from a detention facility in the southern Russian city of Taganrog to Moscow.

He said the transfer was in preparation for her release as part of a prisoner exchange.

Reporters with Ukrainska Pravda have partnered up with journalists from more than a dozen international media after her death was announced, to try to piece together what happened to her during the last few months of her life.

They interviewed dozens of prisoners, as well as prison guards and human rights defenders. They were able to trace her movements and describe the brutality of her detention.

This post appeared first on cnn.com

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Crypto Market Recap: Loopscale Faces US$5.8 Million Hack, Coinbase Preps New Institutional Offering

Here’s a quick recap of the crypto landscape for Monday (April 28) as of 9:00 p.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$94,867.28 as markets closed for the day, up 0.4 percent in 24 hours. The day’s range has seen a low of US$93,589.07 and a high of US$95,212.29.

Bitcoin performance, April 28, 2025.

Chart via TradingView.

Bitwise CEO Hunter Horsley said heightened institutional activity drove Bitcoin’s rally to US$94,000.

In a client note, Greg Cipolaro, the global head of research at NYDIG, said, “Bitcoin has acted less like a liquid levered version of levered US equity beta and more like the non-sovereign issued store of value that it is.” However, it’s worth noting that Bitcoin fell by about US$2,000 after the markets opened in tandem with declining US Treasury yields.

Ethereum (ETH) ended the day at US$1,799.74, a 0.5 percent decrease over the past 24 hours. The cryptocurrency reached an intraday low of US$1,754.97 and a high of US$1,803.29.

Altcoin price update

  • Solana (SOL) ended the day valued at US$148.64, down one percent over 24 hours. SOL experienced a low of US$145.89 and peaked at $150.06.
  • XRP traded at US$2.30, reflecting a 0.8 percent increase over 24 hours. The cryptocurrency recorded an intraday low of US$2.26 and reached its highest point at US$2.31.
  • Sui (SUI) was priced at US$3.61, showing an increaseof 0.6 percent over the past 24 hours. It achieved a daily low of US$3.55 and a high of US$3.73.
  • Cardano (ADA) was trading at US$0.7091, up 1.1 percent over the past 24 hours. Its lowest price on Monday was US$0.6879, with a high of US$0.7136.

Today’s crypto news to know

US$330 million Bitcoin transfer sparks concern

On-chain investigator and analyst ZachXBT has called out a “suspicious transfer” of 3,520 BTC to a new address just after midnight on Monday; the coins were worth approximately US$330.7 million at the time.

“Shortly after the funds began to be laundered via 6+ instant exchanges and was swapped for XMR causing the XMR price to spike 50%,” Zach wrote, adding that the move was “likely a theft” roughly an hour later.

Zach concluded that a longtime holder using major exchanges to suddenly transfer a large sum in many small, costly increments to instant exchanges would be an inefficient method for legitimate use.

To date, there has been no confirmation of anyone coming forward to say they have been robbed. Monero’s price has retracted to near its post-spike price, up 10 percent in 24 hours to US$253.09 at the time of writing.

Loopscale suffers hack, bounty negotiations ongoing

On Saturday (April 26), approximately US$5.8 million of USDC and SOL were stolen from the Solana-based DeFi protocol Loopscale. Roughly US$5.7 million UDSC and around 1,200 SOL were taken from Genesis vaults.

Loopscale’s analysis reveals that the attackers manipulated Loopscale’s RateX PT token, which allowed them to exploit a flaw in how the system determined the value of deposited assets.

The stolen funds represent around 12 percent of Loopscale’s total value locked.

In response, Loopscale suspended all withdrawals from its vaults and temporarily halted trading. The platform has offered the attackers a 10 percent bounty and said it would not pursue legal action if the remaining 90 percent is returned. According to Loopscale’s update, posted on X on Sunday (April 27) evening, the attackers agreed to return the funds in exchange for a bounty, but said they expected 20 percent. According to the latest update from Etherscan, negotiations are ongoing, and there have been no reports of the funds being returned as of the time of writing.

Strategy stacks US$1.42 billion in Bitcoin

Bitcoin bull Michael Saylor’s firm, Strategy, added another 15,355 BTC to its holdings last week, spending roughly US$1.42 billion between April 21 and 27 as Bitcoin surged past the US$90,000 mark.

According to Strategy’s April 28 filing with the US Securities and Exchange Commission, the purchase was made at an average price of US$92,737 per Bitcoin, bringing the company’s total haul to a staggering 553,555 BTC — now valued at more than US$50 billion. The move marks Strategy’s largest Bitcoin acquisition since late March and reflects the firm’s aggressive accumulation strategy despite growing market volatility.

On social media, Saylor celebrated the purchase, noting that Strategy’s Bitcoin yield now sits at 13.7 percent year-to-date, and reaffirmed his belief that Bitcoin remains massively undervalued despite its recent rally.

With the company’s market cap pushing toward US$100 billion and Bitcoin trading around US$95,000, Strategy’s latest moves signal continued institutional confidence in Bitcoin as a core asset class.

Grayscale pushes SEC to approve Ethereum ETF staking

Grayscale Investments is renewing pressure on the US Securities and Exchange Commission (SEC) to allow staking activities for Ethereum exchange-traded funds (ETFs), highlighting that restrictive rules have already cost US funds more than US$61 million in foregone rewards.

In a high-level meeting with the SEC’s Crypto Task Force, Grayscale executives presented a proposal to amend existing Ethereum ETF filings to permit staking, emphasizing the competitive disadvantage US funds now face compared to their European and Canadian counterparts.

Grayscale argued that staking would not only enhance investor returns but also contribute to Ethereum network security, supporting a more resilient decentralized infrastructure.

The company also laid out a liquidity management plan to address concerns about redemption risks, including credit facilities and liquidity sleeves with custodians like Coinbase Custody.

Coinbase to launch Bitcoin yield fund

Coinbase is set to introduce the Coinbase Bitcoin Yield Fund on May 1, which will offer exposure to institutional investors from outside the US. “This fund is a conservative strategy that seeks a 4-8 percent net return in Bitcoin per year, over a market cycle, with investors subscribing and redeeming in Bitcoin,” the company said on Monday.

The yield will be generated through a cash-and-carry strategy, through the difference between spot Bitcoin prices and derivatives, as Bitcoin itself lacks a built-in mechanism for generating passive income like staking on other blockchains.

According to Coinbase, custodians of the fund will trade using third-party custody integrations to lessen counterparty risk, avoiding higher-risk Bitcoin lending and systematic call selling.

SEC’s Peirce likens US crypto regulation to ‘floor is lava,’ demands real reform

SEC Commissioner Hester Peirce delivered a blistering critique of US crypto regulations, comparing them to the children’s game ‘floor is lava,’ where firms must hop precariously across unclear legal guidelines to avoid regulatory pitfalls.

Speaking at the SEC’s “Know Your Custodian” roundtable on April 25, Peirce criticized the lack of coherent, actionable rules for investment advisers, custodians and exchanges dealing with crypto assets.

She stressed that without clear definitions around securities classifications and custodial qualifications, the industry is being paralyzed by uncertainty, stifling innovation and deterring responsible market participants.

Fellow commissioner Mark Uyeda reinforced Peirce’s warnings, urging the SEC to expand custodial options by recognizing state-chartered trust companies, a move he said is essential to the healthy development of crypto trading platforms and alternative trading systems.

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

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

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This post appeared first on investingnews.com

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1911 Gold Intersects 62.40 g/t Au over 1.00 m on San Antonio West Zone at True North

1911 Gold Corporation (‘ 1911 Gold ‘ or the ‘ Company ‘) (TSXV: AUMB) (OTCBB: AUMBF) (FRA: 2KY) is pleased to announce the assay results from eight (8) drill holes for 1,371.0 metres (‘m’) from the ongoing surface drill program at the recently discovered San Antonio West target at the True North Project. The True North project, including a permitted mill, camp, and tailings facility, is centrally located within the Company’s 100%-owned Rice Lake Gold property in southeast Manitoba, Canada .

Highlights:

  • Drilling has continued to expand the near-surface quartz vein hosted gold (‘Au’) mineralization on the new San Antonio West (‘SAM West’) target

San Antonio West Target

  • Drill results confirmed the western extensions of gold mineralization within the prolific San Antonio mafic unit of 260   m down dip and 500 m along strike, including:
    • TN-25-037: Intersected 8.73 grams per tonne (g/t) Au over 1.00 m at a downhole depth of 60.90 m , 62.40 g/t Au over 1.00 m at a downhole depth of 65.10 m , 6.09 g/t Au over 0.70 m at a down hole depth of 86.80 m and 4.17 g/t Au over 4.50 m at a downhole depth of 128.80 m , including 8.45 g/t Au over 0.80 m
    • TN-25-035: Intersected 8.81 g/t Au over 2.10 m at a downhole depth of 69.00 m , including 19.20 g/t Au over 0.60 m
    • TN-25-045: Intersected 6.84 g/t Au over 3.70 m at a down-hole depth of 7.50 m including 12.40 g/t Au over 1.40 m , and 5.30 g/t Au over 2.70 m at down hole depth of 29.50 m including 11.30 g/t Au over 0.50 m , and 7.69 g/t Au over 0.70 m
    • TN-25-043: Intersected 12.50 g/t Au over 1.00 m at a downhole depth of 66.20 m

Shaun Heinrichs , CEO and President, stated, ‘These follow-up holes at the San Antonio West target show evidence of several shear structures and also higher grades as we extend drilling to depth. The results continue to show another parallel ore shoot to the San Antonio Mine vein system, similar to what we are seeing on the San Antonio Southeast target. The target potentially extends over a kilometre or more to depth. Further, the San Antonio West mineralization closes the gap between the San Antonio mine and the Cartwright resource to the west, opening that area up for potential underground mining in the future. We are currently completing a 400 metre deep hole on the SAM West target, and assays for another 7 drill holes for 1,940 metres are pending from the laboratory. We are also developing underground drill plans for this target, which will be prioritized based on our internal mine plan study.’

1911 Gold has now completed thirty-nine (39) surface drill holes, for a total of 8,487.4 m on the current drill program which commenced in October 2024 and remains ongoing with new targets being generated and drill tested within prospective host rocks, and mineralized structural settings, including significant historical results. The program is continuing and is planned to include up to 30,000 m of drilling by the end of 2025.

S   an Antonio West Target: Discussion of Results

Drilling completed to date has confirmed the extensions of gold mineralization within the SAM gabbro to over 600 m west of the historically mined San Antonio zone, covering an area 500 m long and over 260 m to depth, dipping 50º to the northeast. Thirteen (13) drill holes for a total of 2,099.0 m have been completed to date on the SAM West target area.

The latest drill holes extended the footprint of mineralization 100 m to the east towards the main San Antonio zone and 100 m down dip from the results announced on February 4, 2025 (see press release entitled ‘1911 Gold Intersects 8.42 g/t Gold over 0.91 m and 7.23 g/t Gold over 1.05 m in Drilling at True North’) .

Drill holes TN-25-035 ( 2.10 m @ 8.81 g/t Au, including 0.60 m @ 19.20 g/t Au), TN-25-037 ( 1.00 m @ 62.40 g/t Au), TN-25-045 ( 3.70 m @ 6.84 g/t Au) and TN-25-048 ( 1.00 m @ 3.44 g/t Au) tested an area over 100 m to the southeast and 100 m down dip of previously released drill hole TN-24-005 ( 3.00 m @ 2.45 g/t Au).

Drill hole TN-25-035, designed as a 200 m step-out to the east of drill hole TN-25-006 ( 4.84 m @ 3.70 g/t Au, including 1.05 m @ 7.23 g/t Au and 0.91 m @ 8.42 g/t Au), intersected 2.10 m @ 8.81 g/t Au including 0.60 m @ 19.20 g/t Au. Drilling successfully extended the gold mineralization to the east as interpreted and returned similar high-grade gold results.

Drill holes TN-25-029 and TN-25-043 ( 1.00 m @ 12.50 g/t Au) tested the up-dip extensions of the zone above and to the east of previously released holes TN-24-007 and TN-24-006 ( 4.84 m @ 3.70 g/t Au, including 1.05 m @ 7.23 g/t Au and 0.91 m @ 8.42 g/t Au).

Drilling has confirmed the existence of up to three (3) vein zones hosted within the target gabbro unit, supporting the potential to mine multiple zones on levels as conducted historically. Drill holes TN-25-035, TN-25-037, TN-25-043 and TN-25-045 intersected 3 distinct vein zones hosting high-grade gold mineralization over a vertical distance of over 200 m . TN-25-035 intersected 2.10 m @ 8.81 g/t Au including 0.60 m @ 19.20 g/t Au, TN-25-037 intersected 1.00 m @ 8.73 g/t Au and 1.00 m @ 62.40 g/t Au, 0.70 m @ 6.09 g/t Au and 4.50 m @ 4.17 g/t Au, including 0.80 m @ 8.45 g/t Au. Drill hole TN-25-045, designed as undercut of drill hole TN-25-043 ( 1.00 m @ 12.50 g/t Au), intersected 3.70 m @ 6.84 g/t Au including 1.40 m @ 12.40 g/t Au, 2.70 m @ 5.30 g/t Au including 0.50 m @ 11.30 g/t Au and 0.70 m @ 7.69 g/t Au.

Drilling on the SAM West target is continuing to test down dip extensions of the defined gold mineralization, including the continuity of the three vein zones, to a depth of 500 m . The Company is continuing to process the drill core, and results of the deeper holes will be released upon receipt of final assays.

Table 1: Significant Drill Hole Assay Results

Target Area

(name)

Drill Hole

(number)

From

(m)

To

(m)

Interval

(m)

Au

(g/t)

SAM West

TN-25-029

71.70

72.20

0.50

3.09

SAM West

TN-25-035

53.10

53.60

0.50

3.30

69.00

71.10

2.10

8.81

Including

70.50

71.10

0.60

19.20

SAM West

TN-25-037

60.90

61.90

1.00

8.73

65.10

66.10

1.00

62.40

86.80

87.50

0.70

6.09

128.80

133.30

4.50

4.17

Including

128.80

129.60

0.80

8.45

SAM West

TN-25-043

66.20

67.20

1.00

12.50

SAM West

TN-25-045

7.50

11.20

3.70

6.84

Including

8.30

9.70

1.40

12.40

29.50

32.20

2.70

5.30

Including

29.50

30.00

0.50

11.30

and

31.50

32.20

0.70

7.69

SAM West

TN-25-048

31.90

32.90

1.00

3.44

1)

Intercepts above a cut-off grade of 2.25 g/t Au

2)

Maximum of 2.50 m internal dilution and no top capping applied

3)

Intervals represent drill core length and are considered to represent 60% to 90% of true widths

4)

Full Significant Assay Results included in Table 2

5)

Drill hole Information included in Table 3

San Antonio West Target

The San Antonio West target is approximately 300 m west of the historically mined San Antonio zone of the True North Gold Mine. The San Antonio West target occurs within the gabbro of the San Antonio mafic unit and the intersection with the Cartwright South mineralized shear zone. The SAM gabbro hosts the majority of the known gold mineralization within the True North Mine and historically produced 1,309,351 ounces Au at an average grade of 9.33 g/t Au from San Antonio (see technical report entitled ‘NI 43-101 Technical Report on the True North Gold Project, Bissett, Manitoba, Canada ‘, prepared by Lions Gate Geological Consulting Inc. and 1911 Gold, dated December 23, 2024 , with an effective date of August 29, 2024 , available on SEDAR+ at www.sedarplus.ca ). Drilling has now confirmed gold mineralization in quartz-carbonate shear veins with sericite, chlorite, minor tourmaline alteration and up to 2% disseminated and veinlet-hosted pyrite. The target occurs as a vein system parallel to the San Antonio Mine ore body, with the same geological, alteration and mineralization characteristics. Gold mineralization has been traced over a strike length of 500 m and to 260 m down dip.

Next Steps

With the continued intersection of good gold mineralization in step-out drilling of near surface targets at the True North Gold Mine complex in the San Antonio West, and San Antonio Southeast target areas, 1911 Gold is continuing to re-open the underground workings in order to gain access to continue exploration drilling to test the resource expansion of the 2 zones located immediately to the west and east of the underground infrastructure (See April 9, 2025 press release entitled ‘ 1911 Gold Successfully Re-Enters the True North Mine and Receives Manitoba Mineral Development Fund Grant’) . The Company is also continuing to test new target areas in addition to SAM W and SAM SE and has commenced the development of a plan to re-commence production. Two drill rigs have been continuing to operate on the property and results will be released as results are received. The review and redevelopment of the high grade near surface Ogama-Rockland 43-101 mineral resource, located 25 km by road to the east of True North, is also progressing well.

Table 2: True North; Select Drill Hole Assays

Target Area

(name)

Drill Hole

(number)

From

(m)

To

(m)

Interval

(m)

Au*

(g/t)

SAM West

TN-25-025

No Significant Results

SAM West

TN-25-029

71.70

72.20

0.50

3.09

SAM West

TN-25-032

167.80

168.70

0.90

1.20

177.40

178.30

0.90

0.71

SAM West

TN-25-035

53.10

53.60

0.50

3.30

69.00

71.10

2.10

8.81

Including

70.50

71.10

0.60

19.20

132.10

132.60

0.50

1.42

156.80

158.30

1.50

1.64

SAM West

TN-25-037

60.90

61.90

1.00

8.73

64.10

65.10

1.00

1.78

65.10

66.10

1.00

62.40

86.80

87.50

0.70

6.09

127.80

128.80

1.00

1.43

128.80

133.30

4.50

4.17

Including

128.80

129.60

0.80

8.45

204.70

206.10

1.40

0.83

SAM West

TN-25-043

5.70

6.50

0.80

1.18

10.10

11.30

1.20

0.74

13.00

13.50

0.50

1.03

66.20

67.20

1.00

12.50

69.70

70.20

0.50

1.33

73.30

77.00

3.70

0.65

81.40

83.30

1.90

0.53

SAM West

TN-25-045

5.50

7.50

2.00

0.89

7.50

11.20

3.70

6.84

Including

8.30

9.70

1.40

12.40

11.20

12.80

1.60

0.68

29.50

32.20

2.70

5.30

Including

29.50

30.00

0.50

11.30

and

31.50

32.20

0.70

7.69

71.60

72.10

0.50

1.53

SAM West

TN-25-048

28.30

29.20

0.90

0.96

31.90

32.90

1.00

3.44

33.70

34.90

1.20

0.67

39.30

40.50

1.20

0.81

45.20

47.00

1.80

0.62

55.30

56.10

0.80

1.75

*Composites above 0.5 g/t Au and metal factor above 0.5 Au ‘gxm’

Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mr. Michele Della Libera , P.Geo, Vice-President Exploration of 1911 Gold, who is a ‘Qualified Person’ as defined under NI 43-101.

Table 3: True North; Drill Hole Details

Drill Hole
(Number)

`Target

(Name)

Northing*
(m)

Easting*
(m)

Elevation
(masl)

Azimuth
(°)

Inclination
(°)

Depth
(m)

TN-25-025

SAM West

5655913

311823

255

230

-80

149.0

TN-25-029

SAM West

5655914

311826

255

186

-69

167.0

TN-25-032

SAM West

5655913

311822

256

139

-64

182.0

TN-25-035

SAM West

5655894

311926

253

228

-45

193.0

TN-25-037

SAM West

5655894

311926

253

292

-73

215.0

TN-25-043

SAM West

5655811

311852

248

285

-49

164.0

TN-25-045

SAM West

5655811

311852

248

285

-68

170.0

TN-25-048

SAM West

5655788

311872

251

148

-45

131.0

*Coordinates are provided in UTM NAD83 Zone 15

Quality Assurance/Quality Controls (QA/QC)

Core samples are collected by sawing the drill core in half along the axis, with one-half sampled, placed in plastic sample bags, labelled, sealed and the other half retained for future reference. Batches are shipped to Activation Laboratories Ltd. (Actlabs), in Thunder Bay, Ontario for sample preparation and analysis. Samples are dried, crushed to 2mm and a 1 kg split is pulverized to -200 mesh. Gold analysis is completed by fire-assay with an atomic absorption finish on 50 grams of prepared pulp. Samples returning values equal or greater to 10.00 g/t are reanalysed by fire assay with a gravimetric finish. Total gold analysis (Screen Metallic Sieve) is conducted on highly mineralized samples or the presence of visible gold. Certified gold reference material samples are inserted every 20 samples and blank samples at intervals of one in every 50 samples, with additional blanks inserted after samples hosting visible gold. Repeat third-party gold analyses for 5% of all submitted sample pulps are analyzed at ALS-Chemex Laboratory, North Vancouver, Canada .

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on organic growth and accretive acquisition opportunities in North America .

1911 Gold’s True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or describes a ‘goal’, or variation of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved.

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

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.

SOURCE 1911 Gold Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/30/c6906.html

News Provided by Canada Newswire via QuoteMedia

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Charbone Hydrogene annonce les resultats financiers 2024

(TheNewswire)

Brossard (Québec) TheNewswire – le 30 avril 2025 – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d’Amérique du Nord cotée en bourse spécialisée dans la production et la distribution d’hydrogène vert, a annoncé aujourd’hui ses résultats financiers et opérationnels pour l’exercice se terminant le 31 décembre 2024, marqués par une augmentation de 15 % des revenus sur l’année précédente ainsi que des progrès essentiels vers le démarrage de la production d’hydrogène vert à son usine de Sorel-Tracy en 2025.

Tous les permis nécessaires pour l’usine de Sorel-Tracy ont été obtenus et Hydro-Québec, la société du réseau électrique provinciale, complète l’interconnexion, maintenant le projet sur la bonne voie pour la production de 2025.

FAITS SAILLANTS 2024:

  • Les dépenses ont diminué de 16% à 2 474 516 $ en 2024 comparativement à 2 961 451 $ en 2023 (recentrage des activités et resserrement des frais généraux et administratifs) ;

  • Les revenus ont augmenté de 15% à 325 753 $ en 2024, à partir de 282 724 $ en 2023 (générés par l’acquisition de Wolf River le 1 er décembre 2022). Il y a un arrêt temporaire de service à la centrale à la suite d’une panne d’équipement qui sera réparée, mais créant une dévaluation des actifs de 93 528 $;

  • La Société a clôturé des financements privés pour des produits bruts s’élevant à 1 773 538$ (1 258 297$ en 2023), des unités pour le règlement de dettes de 352 214 $ (747 228 $ en 2023) et l’exercice de bons de souscription/options pour 889 494 $ (néant $ en 2023) ;

  • La Société a fait l’acquisitions d’équipement de stockage d’hydrogène, a augmenté la capacité de son électrolyseur de Sorel-Tracy à 1,75 MW et a fait un dépôt sur deux électrolyseurs de 2,5 MW ;

  • La Société a conclu un financement par billets convertibles non garantis de 2,1 M$ d’une durée de 36 mois à un taux de 12 % par an, couru jusqu’à l’échéance ou la conversion, dans lequel le montant principal est convertible en actions ordinaires à un prix de conversion égal au plus élevé de 0,10 $ CA (ou l’équivalent en dollars américains) ou d’un prix par action représentant une décote de 20 % par action ordinaire ; et

  • La Société a également reçu un montant supplémentaire de 100 000 $ en 2024 de Finexcorp en débentures convertibles garanties à un prix réputé de 0,10 $ et a accepté de prolonger la date d’échéance des débentures convertibles garanties à 14 % (maintenant à 12 %) de 1,2 million de dollars canadiens qui ont été émises par la Société avec de meilleures conditions.

La gestion financière rigoureuse de Charbone et ses partenariats stratégiques permettent à l’entreprise de réaliser sa vision de créer un réseau nord-américain d’hydrogène vert. Ces avancées soulignent son engagement à devenir un leader de la transition énergétique.

‘ Les efforts de la direction pour consolider et renforcer notre bilan ont été bien ciblés et délibérés , a déclaré Benoit Veilleux, Chef de la direction financière et secrétaire corporatif de Charbone. ‘ Les discussions en cours avec des partenaires stratégiques progressent positivement pour supporter et concrétiser le potentiel de croissance de Charbone avec nos partenaires financiers et investisseurs. ‘


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À propos de Charbone Hydrogène Corporation

Charbone est une entreprise intégrée d’hydrogène vert disposant de capacités stratégiques de distribution de gaz industriels en Amérique du Nord. Tout en poursuivant le développement de son réseau modulaire de production d’hydrogène vert, Charbone s’appuie également sur des partenariats commerciaux pour fournir de l’hydrogène, de l’hélium et d’autres gaz industriels sans les exigences en capital élevées des usines de production. Cette approche améliore les sources de revenus, réduit les risques opérationnels et accroît la flexibilité sur le marché. Charbone reste la seule société purement axée sur l’hydrogène vert cotée en bourse en Amérique du Nord, avec des actions cotées à la Bourse de croissance TSX (TSXV: CH); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Copyright (c) 2025 TheNewswire – All rights reserved.

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Charbone Hydrogen Announces 2024 Financial Results

(TheNewswire)

Brossard, Quebec TheNewswire – April 30, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE’), North America’s sole publicly traded pure-play company specialized in green hydrogen production and distribution, today announces its financial and operating results for the year ending December 31, 2024, highlighted by a 15% year-over-year revenue increase and critical progress toward commencing green hydrogen production at its Sorel-Tracy facility in 2025.

All necessary permits for the Sorel-Tracy facility have been obtained, and Hydro-Québec, the provincial grid company, is completing interconnection, keeping the project on track for 2025 production.

2024 HIGHLIGHTS:

  • Spending decreased 16% to $2,474,516 in 2024 compared to $2,961,451 in 2023 (activities refocused and tightening of general and administrative expenses);

  • Revenue rose by 15% to $325,753 in 2024, up from $282,724 in 2023 (generated from the Wolf River acquisition on December 1, 2022). There is a temporary service reduction at the dam following an equipment failure that will be repaired, but creating an impairment of assets of $93,528;

  • The Company has closed private financings for gross proceeds amounting to $1,773,538 ($1,258,297 in 2023), Units for debt settlement of $352,214 ($747,228 in 2023) and exercises of warrants/options of $889,494 ($nil in 2023);

  • The Company made acquisitions of storage hydrogen equipment, upgraded its Sorel-Tracy electrolyzer capacity to 1.75MW and made a deposit on two 2.5MW electrolyzers;

  • The Company completed a $2.1M unsecured convertible notes financing with a 36-month term at a rate of 12% per annum, accrued until maturity or conversion, in which the principal amount is convertible into common shares at a conversion price of the greater of $0.10 CAD (or USD equivalent) or a price per share representing a discount of 20% per common share; and

  • The Company also received an additional $100,000 in 2024 from Finexcorp secured convertible debentures at a deemed price of $0.10 and agreed to extend the $1.2 million CAD 14% (now 12%) secured convertible debentures maturity date that were issued by the Company with better terms.

Charbone’s disciplined financial management, and strategic partnerships position the company to realize its vision of creating a North American green hydrogen network. These advancements underscore its commitment to becoming a leader in the energy transition.

‘Management’s efforts to shore up and strengthen our balance sheet have been focused and deliberate,’ said Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE . ‘Ongoing talks with strategic partners are advancing well to support and execute CHARBONE’s growth potential with our financial partners and investors.’


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About Charbone Hydrogen Corporation

CHARBONE is an integrated green hydrogen company with strategic distribution capabilities of industrial gases across North America. While continuing to develop its modular green hydrogen production network, CHARBONE also leverages commercial partnerships to supply hydrogen, helium, and other industrial gases without the capital-intensive requirements of production facilities. This approach enhances revenue streams, reduces operational risks, and increases market flexibility. CHARBONE remains North America’s only publicly traded pure-play green hydrogen company, with shares listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .

Contact Charbone Hydrogen Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

Copyright (c) 2025 TheNewswire – All rights reserved.

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Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D

Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing and research and development. 

Bourla’s remarks on the company’s first-quarter earnings call came in response to a question about what Pfizer wants to see from tariff negotiations that would push the company to increase investments in the U.S. It comes as drugmakers brace for Trump’s levies on pharmaceuticals imported into the country — his administration’s bid to boost domestic manufacturing.

“If I know that there will not be tariffs … then there are tremendous investments that can happen in this country, both in R&D and manufacturing,” Bourla said on the call, adding that the company is also hoping for “certainty.”

“In periods of uncertainty, everybody is controlling their cost as we are doing, and then is very frugal with their investment, as we are doing, so that we are prepared for remit. So that’s what I want to see,” Bourla said.

Bourla noted the tax environment, which had previously pushed manufacturing abroad, has “significantly changed now” with the establishment of a global minimum tax of around 15%. He said that shift hasn’t necessarily made the U.S. more attractive, saying “it’s not as good” to invest here without additional incentives or clarity around tariffs.

“Now [Trump] I’m sure — and I know because I talked to him — that he would like to see even a reduction in the current tax regime particularly for locally produced goods,” Bourla said, adding a further decrease would be would be a strong incentive for manufacturing in the U.S.

Unlike other companies grappling with evolving trade policy, Pfizer did not revise its full-year outlook on Tuesday. However, the company noted in its earnings release that the guidance “does not currently include any potential impact related to future tariffs and trade policy changes, which we are unable to predict at this time.”

But on the earnings call on Tuesday, Pfizer executives said the guidance does reflect $150 million in costs from Trump’s existing tariffs.

“Included in our guidance that we didn’t really speak about is there are some tariffs in place today,” Pfizer CFO Dave Denton said on the call.

“We are contemplating that within our guidance range and we continue to again trend to the top end of our guidance range even with those costs to be incurred this year,” he said.

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JetBlue to partner with another U.S. airline in the coming weeks

JetBlue Airways is getting ready to announce a partnership with another U.S. airline with a larger network in the coming weeks, the carrier’s president said Tuesday. One possibility: United Airlines.

JetBlue’s leaders have repeatedly said they need a partnership to better compete against larger airlines like Delta Air Lines and United.

JetBlue’s planned acquisition of Spirit Airlines was blocked by the Justice Department last year, while its partnership in the Northeast with American Airlines unraveled after the carriers lost an antitrust lawsuit in 2023.

The New York airline has been in talks with several carriers this year about a partnership. JetBlue’s president, Marty St. George, said on an earnings call on Tuesday that the company expects to make an announcement this quarter. He emphasized that the partner’s bigger network would allow customers to earn and burn loyalty points on JetBlue.

“If you are a customer in the Northeast and you love JetBlue for leisure, but twice a year you have to go to Omaha or Boise, these are places that you can’t earn TrueBlue points on now and when this partnership goes forward, you will be able to,” St. George said.

United Airlines could possibly get a foothold (again) into JetBlue’s home hub of John F. Kennedy International Airport in New York through the partnership. “We don’t engage in industry speculation,” a United Airlines spokeswoman said.

An Alaska Airlines spokeswoman said the carrier doesn’t have plans to partner with JetBlue and is focused on its recent merger with Hawaiian Airlines.

Southwest Airlines declined to comment. A Delta Air Lines spokesman said there was no pending announcement from the carrier about a partnership with another airline.

JetBlue declined to comment further.

American had been in talks to revive a different version of its partnership with JetBlue, but those failed and American said Monday that it sued JetBlue.

“Ultimately, we were unable to agree on a construct that preserved the benefits of the partnership we envisioned, made sense operationally or financially,” American Airlines Vice Chair Steve Johnson said in a letter to employees on Monday.

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Restaurant fire kills 22 in northeast China’s Liaoning

A restaurant fire in northeastern China killed 22 people on Tuesday, the official news agency Xinhua said, in the latest in a series of similar deadly incidents around the country.

Xinhua did not identify the cause of the fire but said President Xi Jinping called it “a deeply sobering lesson” and urged local officials to quickly treat the injured, determine what triggered the blaze and hold those responsible to account.

The fire broke out at 12:25 p.m. (0425 GMT) in a restaurant in a residential area of Liaoning Province’s Liaoyang City, state broadcaster CCTV said. Three people were injured.

Footage circulating on social media including X and Chinese platform Douyin, unverified by Reuters, showed bright orange flames engulfing a storefront on street level alongside scores of parked vehicles. Smoke was seen billowing out as paramedics tended to people on stretchers.

Hao Peng, secretary of Liaoning’s provincial ruling party committee, said 22 fire trucks and 85 firefighters were deployed to the scene. Hao said the on-site rescue work had been completed and people had been evacuated.

It was the latest in a spate of similar incidents across the country in recent years. In April, 20 people were killed in a fire that broke out in an apartment for the elderly at a nursing home in the northern province of Hebei.

Gas leaks caused at least two high-profile explosions in residential areas last year, with a blast at a restaurant in Hebei province killing two people and injuring 26 in March, and an explosion in a highrise building in southern Shenzhen province in September killing one person.

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Israeli forces detain prominent Palestinian journalist in early morning West Bank raid

Israeli forces detained prominent Palestinian journalist Ali Samoudi in an early morning raid on his son’s home in the occupied West Bank.

In May 2022, Samoudi was working near the entrance to the Jenin refugee camp when Israeli forces shot and killed Palestinian-American journalist Shireen Abu Akleh. Samoudi was shot and injured in the gunfire.

The Palestinian Journalists Syndicate condemned the raid and Samoudi’s arrest.

Samoudi is the latest of dozens Palestinian journalists to be arrested by Israeli forces over the past 18 months. According to the Committee to Protect Journalists, Israel has arrested at least 84 journalists in the West Bank, Gaza and Jerusalem since the start of the war in Gaza in October 2023.

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