Author

admin

Browsing

Rep. Marie Gluesenkamp Perez, D-Wash., described Rep. Nancy Pelosi, D-Calif., during her 2022 campaign as unrepresentative of American voters, but campaign finance reports revealed she collected at least $31,000 from the former House speaker and her political action committees during her three years in Congress. 

‘I want to make my position clear that I will not vote for Nancy Pelosi as Speaker of the House,’ Perez told The Columbian in 2022. ‘I look around, I look at my community, and I don’t see leadership in Congress looking like that.’

Despite the moderate Democrat rejecting Pelosi’s leadership on the campaign trail, campaign finance reports show that since she took office in 2022, Gluesenkamp Perez and her Super PAC, Marie Gluesenkamp Perez Campaign Defense Fund, have accepted at least $31,000 from Pelosi and her affiliated Super PACs, including PAC to the Future and Nancy Pelosi for Congress.

According to U.S. Census data, the $31,000 represents more than one third of the median household income for residents in Washington’s third congressional district, which includes Clark County and Vancouver, Washington, the district’s largest city.

‘We need more and more normal people to run for Congress. We need more people that work in the trades,’ Gluesenkamp Perez told Politico in 2023, as she described a Democratic Party out of touch with middle-class Americans. 

‘Just like her pal Nancy Pelosi, Marie Gluesenkamp Perez will say and do anything to get elected,’ Congressional Leadership Fund, the super PAC dedicated to maintaining the Republican majority in the U.S. House of Representatives, spokeswoman Torunn Sinclair, told Fox News Digital. 

‘That’s not a quality Washington State families want in their congresswoman.’

Gluesenkamp Perez was first elected to represent Washington in the U.S. House of Representatives in 2022 and won re-election in 2024, narrowly defeating her Republican challenger, Joe Kent, for the second time in two House cycles. 

The Washington congresswoman is considered one of the most vulnerable House Democrats in 2026, just as she was in 2024 after winning her 2022 race by less than two points. Republicans are likely to target her seat as an opportunity to widen their majority in the House. 

While Republicans slam Gluesenkamp Perez for flip-flopping on Pelosi, she is also facing the fury of her own party as hundreds of Democratic constituents protested at her town hall on Thursday. 

According to local reporting, including KGW News, protesters held up signs that read, ‘Shame on you,’ and chanted, ‘Vote her out,’ as Gluesenkamp Perez explained why she voted in support of the Safeguarding American Voter Eligibility (SAVE) Act. 

The SAVE Act, which passed in the House earlier this month, requires voters to obtain proof of citizenship in-person before they register for a federal election and will remove noncitizens from voter rolls. It has been widely rejected by Democrats since its conception, and 208 House Democrats voted against the bill. 

‘I do not support noncitizens voting in American elections – and that’s common sense to folks in Southwest Washington. Voting in our nation’s elections is a sacred right belonging only to American citizens, and my vote for the SAVE Act reflects that principle,’ Gluesenkamp Perez said after voting in support of the SAVE ACT, despite facing vocal opposition from constituents on Thursday for doing so. 

Gluesenkamp Perez also faced disapproval from Washington state Democrats for voting to censure Rep. Al Green, D-Texas, after he shouted and shook his cane during President Donald Trump’s joint address to Congress earlier this year.  

Gluesenkamp Perez’s campaign did not respond to Fox News Digital’s request for comment by deadline. 

This post appeared first on FOX NEWS

President Donald Trump’s second term has taken the world by storm in his first 100 days, leaving allies and adversaries scrambling to respond to new U.S. tariffs, stalled peace negotiations and hardball diplomacy from the White House.

On the campaign trail, he pledged to hit allies and foes alike with massive tariffs, end Russia’s war in Ukraine within 24-hours and threatened that ‘all hell’ would break out if all hostages were not freed from the clutches of Hamas in Gaza by the time he entered the Oval Office.

While Trump has been able to make good on some of his promises, other ambitions remain unmet. Here’s what Trump has accomplished and what challenges remain:

Where Russia’s war in Ukraine stands

Trump last week conceded that his pledge to end the three-year-old war in Ukraine within 24 hours of taking office was ‘figurative,’ acknowledging it was never a realistic goal. The conflict has claimed a reported 1 million casualties.

‘I said that as an exaggeration,’ he told reporters. 

While Trump has faced criticism over his ability to bring Russian President Vladimir Putin to the negotiating table, his team — led by Special Envoy Steve Witkoff and Secretary of State Antony Rubio — has made some headway, securing a 30-day ceasefire protecting Ukraine’s energy infrastructure.

But Putin has so far refused to enter any other brokered agreements, despite Kyiv’s willingness to play ball even after the historic Oval Office blow-up between Trump and Ukrainian President Volodymyr Zelenskyy in February.

Though Trump appeared to hold a grudge against Zelenskyy after Ukraine rejected a proposed mineral deal — even blaming him in part for Russia’s illegal invasion — relations between the two leaders appeared to improve over the weekend. Trump also set a new ultimatum for Putin, issuing a deadline to reach a ceasefire deal.

‘Two weeks or less,’ Trump told reporters Sunday, though he later added a bit more time would be acceptable. ‘We’ll see what happens over the next few days. We’ll probably learn a lot.’

Trump said he was ‘surprised and disappointed’ after Putin last week levied a barrage of missiles at Ukraine’s capital city of Kyiv in a strike that killed 12 civilians and injured nearly 100 more.

‘I want him to stop shooting, sit down and sign a deal,’ Trump said in reference to Putin. ‘We have the confines of a deal, I believe, and I want him to sign it and be done with it and just go back to life.’

Trump has not said how or whether he will hold Putin accountable if he doesn’t agree to a ceasefire and the White House has not responded to Fox News Digital’s repeated questions regarding the issue.

Gaza ceasefire

Before entering office, Trump repeatedly threatened Hamas that ‘all hell’ would break out if they didn’t return all hostages by the time he arrived at the White House. 

But the Palestinian terror group has ignored his threats and rejected Trump’s February proposal to turn the Gaza Strip into the ‘Riviera of the Middle East,’ saying it would adhere to a ceasefire agreement brokered between the terrorist organization and Israel, mediated by the U.S., Qatar and Egypt. 

Trump has not hit Hamas, nor have his negotiations to release hostages looked all that different from his predecessor’s.  

The first phase of what was intended to be a three-phase ceasefire saw the return of 33 hostages taken by Hamas, the majority of whom were abducted in the Oct. 7, 2023 attack on Israel, as well as the release of 1,800 Palestinian prisoners held by Jerusalem. 

But 59 hostages remain in Gaza, including American-Israeli Edan Alexander, and hopes of a second phase collapsed after negotiations stalled on terms surrounding future hostage releases, and in March Israel reignited military operations in the Gaza Strip.

A Qatari official on Sunday said the main hiccup in securing a ceasefire following the latest round of talks last week is that Israel has not presented a clear solution to end the war in exchange for hostage releases, Reuters reported. 

Trump on Friday said he pushed Israeli Prime Minister Netanyahu to reopen aid corridors into Gaza, which have been blocked since March 2, in order to allow food and medicine to reach Palestinians, though humanitarian corridors have not yet been opened. 

Iran nuclear agreement

Trump on Sunday said he believes a deal to end Iran’s nuclear program can be achieved ‘without having to start dropping bombs all over the place.’

Details on nuclear negotiations between the U.S. and Iran in Oman on Saturday, in which the third round of talks were held, remain nil, though Iranian Foreign Minister Abbas Araghchi reportedly told Iranian state media they were ‘very serious and work-focused.’ 

Araghchi described the hours-long talks as having finally ‘entered into deeper and more detailed discussions,’ though no specifics of the negotiations have been released. 

It remains unclear if the Trump administration is pursuing a halt to Tehran’s nuclear advancement or a complete disarmament arrangement, which would see the destruction of Iran’s centrifuge facilities and its stockpiles of near-weapons-grade enriched uranium. 

It also remains unclear how much time the president will allow for the negotiations to carry on. 

Relations with China deteriorate

Relations between the U.S. and China have hit a level of animosity not seen between the two superpowers since Washington normalized ties with the Chinese Communist Party (CCP) in the 1970s. 

The initial U.S.-China trade war started during Trump’s first term, in which he hit China with 25% tariffs on $50 billion in Chinese goods in April 2018.

Beijing responded by slapping reciprocal tariffs on $50 billion worth of U.S. goods, mostly targeting U.S. agricultural products worth some $16.5 billion — a trade war that saw the loss of a quarter of a million U.S. jobs by January 2021, according to the U.S.-China Business Council (USCBC).

From the campaign trail, Trump threatened to hit China with 60% tariffs — which he nearly did in early April when he announced an additional 34% tariff on top of the existing taxes already in place. 

But what had already sent geopolitical shockwaves and sparked near-immediate market concerns was further escalated just over a week later when Trump ratcheted up tariffs on Beijing to 145%. 

China has responded by hitting Washington with its own 125% reciprocal tariffs on U.S. imports and, according to a Bloomberg report on Monday, cargo supply shipments have already dropped by 60%.

Americans are expected to begin feeling the pains of the trade war come mid-May.

Trump said last week he had reached some 200 trade deals with countries affected by his sweeping tariffs — measures that hit nearly every U.S. trading partner, including longtime allies. He paused the tariffs for 90 days earlier this month following intense backlash.

The status of trading relations with U.S. partners remains unclear, along with whether the administration will implement the blanket tariffs on those nations come July.

The 25% tariffs on steel, aluminum and imported vehicles remain in effect.

The White House did not directly respond to Fox News Digital’s questions regarding next steps Trump will takes when it comes to handling thus far unresolved conflict in Ukraine and the Gaza Strip.

A White House spokesman instead said, ‘President Trump inherited widespread foreign conflicts and a weak standing on the world stage from Joe Biden. Now, America is strong again, hostages are free from Gaza, Marc Fogel and Ksenia Karelina are home, hundreds of Houthi and other terrorists have been eliminated, and we are closer to peace than ever before. 

‘This President will never get the credit he deserves for his vast foreign policy accomplishments, but Americans know they are freer and safer under his leadership,’ the spokesman added.

This post appeared first on FOX NEWS

President Donald Trump has spent the first 100 days of his second White House term signing a flurry of executive orders aimed at delivering on his policy priorities: slashing government spending, cracking down on illegal immigration and eliminating many diversity and equity initiatives enacted under the Biden administration.

The more than 150 executive orders Trump has signed far outpace those of his predecessors. But they have also triggered a torrent of lawsuits seeking to block or pause his actions, teeing up a high-stakes showdown over how far Trump can push his Article II powers before the courts can or should intervene. 

It’s a looming constitutional clash spinning like a top through the federal courts; a blink-and-you’ll-miss-it set of hearings and appeals and emergency orders that deal with weighty issues of due process and First Amendment protections guaranteed by the Constitution. 

Trump’s critics argue the fast-paced strategy is meant to confuse and overwhelm his opponents. His supporters counter that it allows him to strike with maximum precision and sidestep a clunky, slow-moving Congress as the president pursues his top priorities.

In his first 100 days, administration lawyers have gone to bat in courtrooms across the country to defend Trump’s early executive orders and halt a wave of lawsuits and emergency restraining orders aimed at blocking them. 

Trump, meanwhile, has steadfastly maintained that he would ‘never defy’ the Supreme Court as recently as in an interview last week. 

‘I’m a big believer in the Supreme Court and have a lot of respect for the justices,’ Trump told Time Magazine.  

Critics say he already has.

‘The second Trump administration has taken the guardrails off of the norms that historically governed the rule of law and is undertaking steps to enhance the perceived power of the executive branch to the detriment of the two other co-equal branches,’ Mark Zaid, an attorney who has gone toe-to-toe with the Trump administration in several court cases this year, told Fox News Digitial.

‘These actions threaten the fundamental notion of our democracy, particularly as the Administration seeks to eliminate due process protections in a quest for power.’

The biggest fights so far have centered around the Trump administration’s use of the Alien Enemies Act, a 1798 wartime law, to deport certain migrants to El Salvador. Another major case to watch will be challenges to Trump’s executive order ending birthright citizenship. 

Two separate federal judges, in D.C. and Maryland, have suggested they could move to begin possible contempt proceedings against some Trump officials for refusing to comply with their orders.

In one case, a judge issued a scathing rebuke against Trump officials for failing to return a Maryland resident and alleged gang member who was wrongfully deported to El Salvador this year. Separately, U.S. District Judge James Boasberg said there was probable cause to find Trump administration officials in criminal contempt for defying his order to return deportation flights to El Salvador on March 15.

The Trump administration has fought back, questioning the authority of lower courts to stop his agenda. The Supreme Court agreed to hear oral arguments on a challenge to some of the nationwide injunctions, beginning with a birthright citizenship case in early May.

Meanwhile, White House officials have railed against the ‘activist’ judges who they say have overstepped and are acting with a political agenda to block Trump’s policies. They’ve blasted judges for pausing Trump’s transgender military ban, reinstating USAID programs and blocking Elon Musk’s Department of Government Efficiency (DOGE) from accessing federal offices.

Some congressional allies have threatened impeachment against judges who defy Trump, but so far Congress has not advanced any impeachment articles.

White House press secretary Karoline Leavitt declined this week to rule out the arrest of federal judges, including Supreme Court justices.

Asked at a press briefing about the hypothetical on Monday, Leavitt referred the matter to the Justice Department but said a judge in New Mexico was arrested in ‘a clear-cut case of obstruction.’

‘And so anyone who is breaking the law or obstructing federal law enforcement officials from doing their jobs is putting themselves at risk of being prosecuted, absolutely,’ she said.

Jonathan Turley, a law professor and Fox News contributor, told Fox News Digital that he sees Trump’s early actions as getting ahead of the 2026 primaries and moving with maximum force to implement his agenda.

Trump ‘knows that he has no alternative but to push ahead on all fronts if he is going to make meaningful progress on his promised reforms,’ Turley told Fox News. 

‘The midterm elections are looming in 2026. If the Democrats retake the House, he knows that he can expect investigations, impeachments and obstruction. That means that he has to expedite these cases and establish his lines of authority in areas ranging from migration to the markets.’

This post appeared first on FOX NEWS

The House on Monday overwhelmingly passed a bill backed by first lady Melania Trump that cracks down on the posting of explicit images, including ‘deep fake’ nudes generated of people by artificial intelligence, without consent. 

The Tools to Address Known Exploitation by Immobilizing Technological Deepfakes on Websites and Networks – known as the TAKE IT DOWN Act – was approved by a 409-2 vote and now heads to President Donald Trump’s desk. 

The measure ‘generally prohibits the nonconsensual online publication of intimate visual depictions of individuals, both authentic and computer-generated, and requires certain online platforms to promptly remove such depictions upon receiving notice of their existence,’ according to the bill summary. 

It specifically prohibits online publication of ‘intimate visual depictions’ of an adult subject ‘where publication is intended to cause or does cause harm to the subject, and where the depiction was published without the subject’s consent or, in the case of an authentic depiction, was created or obtained under circumstances where the adult had a reasonable expectation of privacy,’ as well as ‘a minor subject where publication is intended to abuse or harass the minor or to arouse or gratify the sexual desire of any person.’ 

‘Violators are subject to mandatory restitution and criminal penalties, including prison, a fine, or both,’ according to the bill summary. ‘Threats to publish intimate visual depictions of a subject are similarly prohibited under the bill and subject to criminal penalties.’ 

The legislation also requires platforms to establish a process where victims of revenge porn can notify them of the existence of images and request removal. The bill says platforms then have 48 hours to remove those images.

Sen. Ted Cruz, R-Texas, introduced the TAKE IT DOWN Act in January, and it was approved by the upper chamber in February. It was brought to the House by Rep. Maria Salazar, R-Fla.

Two Republicans – Reps. Thomas Massie of Kentucky and Eric Burlison of Missouri – were the only House members to vote against the legislation on Monday.  

Massie acknowledged that the TAKE IT DOWN Act ‘would impose federal criminal and civil penalties for publishing unauthorized intimate pictures generated with AI.’

‘I’m voting NO because I feel this is a slippery slope, ripe for abuse, with unintended consequences,’ Massie wrote on X. 

House Republicans on Monday praised the first lady, Cruz and Salazar for leading the ‘crucial legislation’ to ‘create a safer digital future and protect our kids from deepfake exploitation.’ 

‘The passage of the TAKE IT DOWN Act is a historic win in the fight to protect victims of revenge porn and deepfake abuse,’ Cruz wrote on X. ‘This victory belongs first and foremost to the heroic survivors who shared their stories and the advocates who never gave up. By requiring social media companies to take down this abusive content quickly, we are sparing victims from repeated trauma and holding predators accountable.’

‘This day would not have been possible without the courage and perseverance of Elliston Berry, Francesca Mani, Breeze Liu, and Brandon Guffey, whose powerful voices drove this legislation forward,’ the senator wrote, adding that he was especially grateful to colleagues, including Melania Trump and Salazar, as well as Democrats Sen. Amy Klobuchar of Minnesota, and Rep. Madeleine Dean of Pennsylvania, ‘for locking arms in this critical mission to protect Americans from online exploitation.’

‘Advancing this legislation has been a key focus since I returned to my role as First Lady this past January,’ Melania Trump wrote on X. ‘I am honored to have contributed to guiding it through Congress. By safeguarding children from hurtful online behavior today, we take a vital step in nurturing our leaders of tomorrow. #BeBest’ 

During President Trump’s first term, the first lady established the BE BEST awareness campaign, which ‘focused on the well-being of children and highlighted the people and programs dedicated to ensuring a better future for the next generation,’ according to the White House. Melania Trump also established Fostering the Future, a BE BEST initiative, ‘which provides college-level scholarships to those aging out of the foster care system.’

This post appeared first on FOX NEWS

As President Trump marks his first 100 days in office on Tuesday, the administration is touting all of their fulfilled campaign promises when it comes to Social Security, an issue where he has been much maligned by Democrats and some in the media.

‘I am proud of the extraordinary work by our dedicated employees at SSA to help deliver on President Trump’s promise to protect Social Security,’ Lee Dudek, acting commissioner of the Social Security Administration (SSA), told Fox News Digital in a statement.

‘They have worked tirelessly to improve customer service while safeguarding Americans’ hard-earned benefits from waste, fraud, and abuse. It will take time to fully recover from the disastrous policies of the previous administration, which led to sky-high wait times for customer service and unconscionable delays for benefit decisions,’ Dudek continued. ‘But SSA employees are leading the turnaround by refocusing their work on frontline customer service, modernizing IT for a better customer experience, and bolstering program integrity.’ 

The administration, which has called Trump’s first 100 days the most successful of any administration, says that it has made ‘significant strides’ in moving the Social Security Fairness Act forward and has paid over $14.8 billion in retroactive payments to over 2 million individuals affected by the Windfall Elimination Provision and Government Pension Offset.

Trump’s moves on Social Security come as Democrats, including former President Joe Biden, have accused the administration of plotting to slash Social Security benefits, particularly through the Department of Government Efficiency’s (DOGE’s) efforts to reform the agency. 

However, the administration says that it is focused on reforms, not cutting benefits, and a White House official told Fox News Digital that SSA has identified over $1 billion in cost avoidance or efficiencies for fiscal year 2025 ‘through new, common-sense approaches in areas such as payroll, information technology, contracts and grants, real property, printing, travel, and purchase card policies.’

Examples include reducing software licensing, salvaging and repairing tables and chairs, returning leased motor vehicles, converting in-person training to online, streamlining case assignment and tracking systems, and reducing travel card spending allowances. 

Additionally, the White House official says the agency has made strides in implementing fraud prevention tools, including tools that help identify fraudulent claims via telephone.

Many, including DOGE chief Elon Musk, have raised concerns about the accuracy of Social Security records, particularly when it comes to data related to whether a person is deceased or still on the rolls despite being well over 100 years old. 

The White House told Fox News Digital that progress has been made on that front as well to improve the accuracy of death data and called that effort a ‘high priority’ that was a low priority in the previous administration.

Musk has drawn the ire of Democrats by referring to Social Security as a ‘Ponzi scheme.’

Fox News Digital spoke to an expert earlier this year who made the case that Musk has a point in using the term ‘Ponzi scheme.’

‘Musk’s statement about Social Security being the world’s biggest Ponzi scheme does have validity,’ James Agresti, president of the nonprofit research institute Just Facts, told Fox News Digital in response to pushback from Musk’s claim, which included a ‘false’ rating from Politifact. 

‘A Ponzi scheme operates by taking money from new investors to pay current investors. That’s the definition given by the SEC, and contrary to popular belief, that’s exactly how Social Security operates.’

This post appeared first on FOX NEWS

Former Chief Medical Officer of Eli Lilly brings more than thirty years of pharmaceutical industry experience

Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) (‘Cardiol’ or the ‘Company’), a clinical-stage life sciences company focused on developing anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease, today announced that pharmaceutical industry veteran Timothy J. Garnett, M.D., has been nominated to stand for election to the Company’s Board of Directors at its 2025 Annual General Meeting of shareholders to be held on May 28, 2025.

Dr. Garnett is a distinguished pharmaceutical industry executive with over 30 years’ experience, including two decades at Eli Lilly and Company, where he served as Chief Medical Officer from 2008 until his retirement in 2021. During his tenure at Eli Lilly, he led the successful development of therapeutics in women’s health, endocrinology, and neuroscience, resulting in multiple global commercial launches. Dr. Garnett has played a key role in the successful development of numerous drugs across both early- and late-stage clinical development. He has broad experience leading clinical development, portfolio management, medical affairs, regulatory strategy, and safety functional areas, and has a strategic understanding of the evolving metabolic therapy landscape.

‘We are pleased to nominate Dr. Garnett for election to our Board of Directors, as we mark a significant milestone with the recent initiation of patient enrollment in our pivotal Phase III MAVERIC trial,’ stated Guillermo Torre-Amione, M.D., Ph.D., Chair of Cardiol Therapeutics. ‘Dr. Garnett brings a wealth of industry experience and strategic vision, along with exceptional expertise in clinical development. His proven track record in guiding several drugs through regulatory approval and successful commercial launch will be instrumental in achieving our goal of making a meaningful difference for people living with underserved heart disease.’

Dr. Garnett currently serves as Chair of Ophirex and a Director of MapLight Therapeutics. In addition, he is a member of the Advisory Panel of Cambridge Innovation Capital and an equity partner at Recode Health Ventures LLC. Dr. Garnett holds a Bachelor of Medicine and Bachelor of Surgery (MBBS) from St. George’s, University of London. He is a Fellow of both the Faculty of Pharmaceutical Medicine (FFPM), and the Royal College of Obstetricians and Gynaecologists (FRCOG).

About Cardiol Therapeutics

Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) is a clinical-stage life sciences company focused on developing anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. The Company’s lead small molecule drug candidate, CardiolRx (cannabidiol) oral solution, is pharmaceutically manufactured and in clinical development for use in the treatment of heart disease. It is recognized that cannabidiol inhibits activation of the inflammasome pathway, an intracellular process known to play an important role in the development and progression of inflammation and fibrosis associated with myocarditis, pericarditis, and heart failure.

Cardiol has received Investigational New Drug Application authorization from the United States Food and Drug Administration (‘US FDA’) to conduct clinical studies to evaluate the efficacy and safety of CardiolRx in two diseases affecting the heart: recurrent pericarditis and acute myocarditis. The MAVERIC Program in recurrent pericarditis, an inflammatory disease of the pericardium which is associated with symptoms including debilitating chest pain, shortness of breath, and fatigue, and results in physical limitations, reduced quality of life, emergency department visits, and hospitalizations, comprises the completed Phase II MAvERIC-Pilot study (NCT05494788) and the ongoing Phase III MAVERIC trial (NCT06708299). The ongoing ARCHER trial (NCT05180240) is a Phase II study in acute myocarditis, an important cause of acute and fulminant heart failure in young adults and a leading cause of sudden cardiac death in people less than 35 years of age. The US FDA has granted Orphan Drug Designation to CardiolRx for the treatment of pericarditis, which includes recurrent pericarditis.

Cardiol is also developing CRD-38, a novel subcutaneously administered drug formulation intended for use in heart failure – a leading cause of death and hospitalization in the developed world, with associated healthcare costs in the United States exceeding $30 billion annually.

For more information about Cardiol Therapeutics, please visit cardiolrx.com.

Cautionary statement regarding forward-looking information:

This news release contains ‘forward-looking information’ within the meaning of applicable securities laws. All statements, other than statements of historical fact, that address activities, events, or developments that Cardiol believes, expects, or anticipates will, may, could, or might occur in the future are ‘forward-looking information’. Forward-looking information contained herein may include, but is not limited to statements regarding the Company’s focus on developing anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease, the Company’s intended clinical studies and trial activities and timelines associated with such activities, including the Company’s plan to complete the Phase III study in recurrent pericarditis with CardiolRx, and the Company’s plan to advance the development of CRD-38, a novel subcutaneous formulation of cannabidiol intended for use in heart failure. Forward-looking information contained herein reflects the current expectations or beliefs of Cardiol based on information currently available to it and is based on certain assumptions and is also subject to a variety of known and unknown risks and uncertainties and other factors that could cause the actual events or results to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, and are not (and should not be considered to be) guarantees of future performance. These risks and uncertainties and other factors include the risks and uncertainties referred to in the Company’s Annual Information Form filed with the Canadian Securities Administrators and U.S. Securities and Exchange Commission on March 31, 2025, available on SEDAR+ at sedarplus.ca and EDGAR at sec.gov, as well as the risks and uncertainties associated with product commercialization and clinical studies. These assumptions, risks, uncertainties, and other factors should be considered carefully, and investors should not place undue reliance on the forward-looking information, and such information may not be appropriate for other purposes. Any forward-looking information speaks only as of the date of this press release and, except as may be required by applicable securities laws, Cardiol disclaims any intent or obligation to update or revise such forward-looking information, whether as a result of new information, future events, or results, or otherwise. Investors are cautioned not to rely on these forward-looking statements and are encouraged to read the Supplement, the accompanying Base Prospectus and the documents incorporated by reference therein.

For further information, please contact:
Trevor Burns, Investor Relations +1-289-910-0855
trevor.burns@cardiolrx.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250087

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ( ‘ Skyharbour ‘ or the ‘ Company ‘) is pleased to announce that partner company Terra Clean Energy Corp. (‘Terra’, previously Tisdale Clean Energy) announces an upcoming summer drill program at the South Falcon East Uranium Project (the ‘Property’) which hosts the Fraser Lakes B Uranium Deposit. The Property lies 18 km outside the edge of the Athabasca Basin, approximately 50 km east of the Key Lake Uranium Mill and former mine. Skyharbour optioned the Project to Terra and under the Option Agreement assuming the 75% interest is earned, Terra will fund exploration expenditures totaling CAD $10,500,000, as well as pay Skyharbour CAD $11,100,000 in cash of which $6,500,000 can be settled for shares in the capital of Terra (‘Shares’) over the earn-in period.

Map of South Falcon East Project Claims:

https://skyharbourltd.com/_resources/maps/Sky_SouthFalconEast_20250109.jpg?v=1

Terra is planning an extensive drill program for the summer of 2025 consisting of approximately 2,500 metres of drilling. The purpose is to test an area highlighted in the Winter 2025 program where it is interpreted that a north-northwest trending brittle structure, a north dipping structure with strong clay alteration, and mineralized pegmatites with hydrothermal hematite alteration hosted in graphitic pelitic gneiss all intersect. This puts many of the indicators identified as being key components for higher grade uranium mineralization all in the same location.

It is generally accepted that for higher grade uranium deposits in the Athabasca Basin there are several key indicators including graphitic metasediments, brittle reactivated basement structures, reducing fluid (indicated by clay alteration), and oxidizing fluid (indicated by hematite alteration which transports uranium). All these features have now been identified in the Fraser Lakes B deposit area. Where they are projected to intercept is considered a top priority target area for the discovery of a higher-grade, unconformity related. basement hosted uranium deposit and additional mineralized pegmatites.

‘The Athabasca Basin is one of the world’s foremost Uranium Basins accounting for some 20% of world uranium production. It has been well explored and understood for many years attracting billions of dollars of investment. For these reasons and the fact that our VP Exploration has worked extensively in the Basin and is excited about our findings that it is an immediate priority to follow up the very encouraging winter results this summer,’ said Greg Cameron, CEO of Terra Clean Energy. ‘Finding an unconformity, basement-hosted deposit like Eagle Point or Rough Rider would be company changing,’ added Greg Cameron.

The upcoming work will be a helicopter supported drill program including seven to ten diamond drill holes targeting an area approximately 120 to 150m north of drill holes SF0063, SF0065, SF0066 and SF0067 which were completed during the winter program. The initial results of these drill holes were reported in press releases dated March 10 th , 2025, and April 1 st , 2025, with final geochemical assays still pending. The summer field program is anticipated to commence in June and will be executed by TerraLogic Exploration Inc. under the supervision of TerraLogic staff and C. Trevor Perkins, Vice President, Exploration for Terra Clean Energy. Operations will be based out of a local contracting camp with helicopter support for the daily drilling operations. The expected budget for this program is anticipated to be $2.0 million.

Planned Summer Drilling Area and Completed Winter Drill Holes at South Falcon East Uranium Project:

https://www.skyharbourltd.com/_resources/images/Planned-summer-drilling-area-completed-winter-drill.png

‘The results from the winter drilling program are very encouraging,’ commented Trevor Perkins, Vice President of Exploration for Terra Clean Energy Corp. ‘We are excited to get back in there and test where the clay alteration intersects the mineralized zone and graphitic sediment package. This is an exciting target as this can bring together many of the key features associated with the known basement-hosted, unconformity deposits in the Basin.’ continued Mr. Perkins.

Samples of the mineralized intervals from the winter program are outstanding. They have been submitted for analysis at the Geoanalytical Laboratory at the Saskatchewan Research Council in Saskatoon, Saskatchewan.

South Falcon East Project Summary:

The South Falcon East Project is a uranium exploration project in the southeast Athabasca Basin and covers approximately 12,464 hectares. It lies 18 km outside the Athabasca Basin, approximately 50 km east of the Key Lake Mine. Historical exploration at the South Falcon East Project identified an area of U-Th-REE mineralization at the Fraser Lakes Zone B over an area comprising 1.5 km by 0.5 km along an antiformal fold nose cut by an east-west dextral ductile-brittle cross-structure adjacent to a 65 km long EM conductor.

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Serdar Donmez, P.Geo., VP of Exploration for Skyharbour as well as a Qualified Person.

About Terra Clean Energy Corp.:

Terra Clean Energy (formerly Tisdale Clean Energy Corp) is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project, which hosts an inferred uranium resource within the Fraser Lakes B uranium/thorium deposit, located in the Athabasca Basin region, Saskatchewan, Canada.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with interest in thirty-six projects covering over 614,000 hectares (over 1.5 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project, which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization in several zones at the Maverick Corridor. Adjacent to the Moore Project is the Russell Lake Uranium Project, in which Skyharbour is operator with joint-venture partner RTEC. The project hosts widespread uranium mineralization in drill intercepts over a large property area with exploration upside potential. The Company is actively advancing these projects through exploration and drilling programs.

Skyharbour also has joint ventures with industry leader Orano Canada Inc., Azincourt Energy, and Thunderbird Resources at the Preston, East Preston, and Hook Lake Projects, respectively. The Company also has several active earn-in option partners, including CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the Highway Project; CSE-listed Mustang Energy at the 914W Project; and TSX-V listed Terra Clean Energy at the South Falcon East Project. In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to over $36 million in partner-funded exploration expenditures, over $20 million worth of shares being issued, and $14 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:

https://www.skyharbourltd.com/_resources/images/SKY_SaskProject_Locator_2024-11-21_v1.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com .

Skyharbour Resources Ltd.

‘Jordan Trimble’
Jordan Trimble
President and CEO

For further information contact myself or:

Nicholas Coltura
Investor Relations Manager
‎Skyharbour Resources Ltd.
‎Telephone: 604-558-5847
‎Toll Free: 800-567-8181
‎Facsimile: 604-687-3119
‎Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.

This release includes certain statements that may be deemed to be ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including the Private Placement. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.


News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Halcones Precious Metals (TSXV:HPM) is a gold exploration company focused on advancing its high-grade Polaris project in northern Chile, a premier mining region with excellent infrastructure. Polaris hosts multiple surface targets with significant gold values across a large, underexplored property, offering investors exposure to a high-potential discovery in a mining-friendly jurisdiction.

The Polaris Project is located within the metallogenic belt of the Atacama Fault Zone, a major geological corridor known for hosting numerous significant mineral deposits across Chile. Gold mineralization at Polaris is largely controlled by major structures, including the Izcuña and Médano faults, which provided pathways for mineralizing fluids and led to the formation of vein-hosted and stockwork-style gold deposits.

Currently, exploration efforts are focused on two main target areas in the southern part of the property adjacent to the Atacama fault:

  1. North Zone: A historic mining district with excellent gold assay results at surface
  2. South Zone: Another area of historic mining activity with high-grade gold values

Company Highlights

  • Strategic Land Position: Controls 5,777.5 hectares in a historically productive gold district with multiple high-grade surface targets
  • Proven High-grade Gold at Surface: 30 samples returned assays above 10 g/t gold, with values up to 55 g/t gold
  • Large Mineralized Footprint: Recent sampling extended the gold-bearing trend to 3.9 km, with potential for further expansion
  • Bulk Tonnage Potential: Gold-bearing stockwork mapped over a 250 m x 500 m area, suggesting potential for a large-scale open-pit operation
  • Favorable Project Economics: Low-to-moderate elevation project with year-round access and proximity to established infrastructure
  • Experienced Leadership: Management team with extensive experience in geology, mining exploration, and capital markets
  • Geological Setting: Mineralization similar to well-known Abitibi gold deposits like Sigma-Lamaque, Goldex and Dome

This Halcones Precious Metals profile is part of a paid investor education campaign.*

Click here to connect with Halcones Precious Metals (TSXV:HPM) to receive an Investor Presentation

This post appeared first on investingnews.com

Apollo Silver (TSXV:APGO,OTCQB:APGOF,FSE:6ZF0) is a silver-focused exploration company advancing a dual-asset strategy through two high-potential projects in North America: the Calico Silver Project in California, USA, and the Cinco de Mayo project in Chihuahua, Mexico. Both projects are situated in mining-friendly jurisdictions with robust infrastructure and a history of significant exploration work.

At Calico, Apollo Silver advances the Waterloo deposit through geological modeling, barite resource definition, and engineering studies. Calico hosts 110 Moz of silver (measured and indicated) and 51 Moz (inferred), with recent test work producing a 94.6 percent barite concentrate.

In Mexico, the Cinco de Mayo project offers rare optionality, featuring a historical inferred resource of 154 Moz silver equivalent (385 g/t) and a high-impact discovery opportunity at the Pegaso Zone. Under an option agreement with MAG Silver, Apollo is executing a 20,000-meter drill program to earn full ownership of the project.

Project locations

The Calico Silver Project, located 15 km from Barstow, California, includes the adjacent Waterloo and Langtry properties. Calico hosts a combined resource of 110 Moz silver (measured and indicated, 100 g/t) and 51 Moz silver (inferred, 77 g/t). The shallow, laterally extensive deposit offers strong geologic continuity and a low 1.1:1 strip ratio, supporting a potential low-impact open-pit operation. Recent drilling confirmed a 95 percent conversion rate from inferred to measured and indicated resources at Waterloo.

Company Highlights

  • Tier-1 US Silver Asset – Calico Project: Hosts 110 Moz silver (measured and indicated) and 51 Moz silver (inferred), making it the largest undeveloped primary silver deposit in the US.
  • High-grade Discovery Potential – Cinco de Mayo: An option to acquire a district-scale carbonate replacement deposit with a historical inferred resource of 154 Moz silver equivalent at 386 g/t, offering further upside from the Pegaso Zone discovery target.
  • Barite Critical Minerals Exposure: Calico includes a historical in-ground barite estimate of 4.5 Mt, with 2023 flotation tests producing 94.6 percent barite concentrate, meeting US estimates API specifications for petroleum drilling fluids.
  • Strategic Shareholder Registry: Backed by Jupiter Asset Management, Eric Sprott, Terra Capital, Commodity Capital and Ninepoint.
  • Experienced Leadership Team: Proven M&A, discovery and capital markets expertise with over $5 billion in past transactions and most applicable to Apollo Silver, the success at Prime Mining.

This Apollo Silver profile is part of a paid investor education campaign.*

Click here to connect with Apollo Silver (TSXV:APGO) to receive an Investor Presentation

This post appeared first on investingnews.com

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 noted that 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 called out a “suspicious transfer” of 3,520 BTC, worth approximately US$330.7 million at the time, to a new address just after midnight on Monday (April 28). “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 publicly reported 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. According to reports, roughly US$5.7 million UDSC and around 1,200 SOL were taken from Genesis vaults.

Loopscale’s analysis revealed 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 evening (April 27), 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.

Coinbase launches 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 in a statement on Monday (April 28).

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.

Strategy stacks US$1.42 billion in Bitcoin as price soars past US$90,000

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 its pressure on the US Securities and Exchange Commission (SEC) to allow staking activities for Ethereum ETFs, highlighting that restrictive rules have already cost American 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.

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

SEC Commissioner Hester Peirce delivered a blistering critique of the United States’ crypto regulatory framework, comparing it to the children’s game ‘floor is lava,’ where firms are forced to 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.

Keep reading…Show less
This post appeared first on investingnews.com