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Several feared dead in a crowd crush outside a cricket stadium in India

Several people were feared dead and many more injured in a crowd crush on Wednesday outside a cricket stadium in southern India’s Karnataka state.

The incident happened as thousands of cricket fans gathered outside the M. Chinnaswamy Stadium in Bengaluru city to celebrate the winners of the Indian Premier League, which is the world’s most popular T20 cricket tournament.

The Times of India newspaper reported at least seven people had died in the crush. Local TV news channels showed visuals of police shifting the injured persons and those who fell unconscious to ambulances.

D.K. Shivakumar, the deputy chief minister of Karnataka state, told reporters that “the crowd was very uncontrollable.”

The event was being held to celebrate Royal Challengers Bengaluru’s first Indian Premier League title win on Tuesday.

Crowd crushes are relatively common in India. In January, at least 30 people were killed as tens of thousands of Hindus rushed to bathe in a sacred river during the Maha Kumbh festival, the world’s largest religious gathering.

This is a developing story and will be updated.

This post appeared first on cnn.com

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China, Rubio exchange jabs on 36th anniversary of Tiananmen Square massacre

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On the 36th anniversary of the deadly attack on pro-democracy demonstrators in China’s Tiananmen Square on June 4, 1989, jabs exchanged between Washington and Beijing highlight the continued disconnect between the Chinese Communist Party (CCP) and Western democratic values. 

In a statement Tuesday evening, which was Wednesday morning local time in China, Secretary of State Marco Rubio released a statement that said, ‘the world will never forget’ the CCP’s brutal actions as it ‘actively tries to censor the facts.’

‘Today we commemorate the bravery of the Chinese people who were killed as they tried to exercise their fundamental freedoms,’ Rubio said. ‘Their courage in the face of certain danger reminds us that the principles of freedom, democracy, and self-rule are not just American principles. They are human principles the CCP cannot erase.’

But the Chinese foreign ministry on Wednesday clapped back at Rubio and accused him of ‘maliciously distort[ing]’ historical facts. 

Chinese spokesman Lin Jian said Rubio had ‘seriously interfered in China’s internal affairs,’ and said Beijing had lodged a formal complaint with the U.S.

The 36th anniversary marks the day Chinese authorities deployed the People’s Liberation Army to stop a weeks-long student-led demonstration that called for greater political freedoms.

Tanks opened fire on unarmed crowds of pro-democracy demonstrators.

The extent of the massacre remains unknown, though hundreds were believed to have been killed, with some estimates ranging as high as 1,000 civilian deaths.

The CCP has since sought to cover up the crackdown by refusing to publicly acknowledge the tragedy, scrubbing online references and barring media coverage of the event.

The communist leadership has acknowledged the anniversary by routinely ramping up security at the square, as well as the entrance to Wan’an Cemetery, where some of the victims of the attack were laid to rest, reported AFP.

Images of security forces lining Tiananmen Square again surfaced on Wednesday, though the square stood relatively empty. 

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Trump DOJ takes ‘unprecedented’ step admonishing foreign judge in free speech case centered on Rumble

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The Department of Justice (DOJ) sent an unprecedented letter to a Brazilian Supreme Court justice in May, admonishing the judge for ordering American-based video platform Rumble to restrict the free speech of a user on U.S. soil, describing the orders as international overreach that lack enforceability. 

Rumble, a popular U.S.-based video-sharing platform that bucks censorship efforts frequently found on other video and social media platforms, is at the center of an international battle to protect free speech that has been ongoing for months.

Brazilian Supreme Court Justice Alexandre de Moraes ordered the suspension of Rumble in the South American country back in February over claims the U.S. company did not comply with court orders, including removing the accounts of a Brazilian man living in the U.S. and seeking political asylum.

‘If you look at what’s happening around the world, it’s clear we’re living through a perilous moment for anyone who believes in freedom of expression — a fundamental human right enshrined in the U.S. Constitution and recognized globally, even by the United Nations,’ Rumble CEO Chris Pavlovski exclusively told Fox News Digital Tuesday following the DOJ’s May letter. 

‘The fact that Rumble has become a central player in this global fight for free speech is a powerful validation of our mission. We’re proud to stand at the front lines of this effort and grateful that President Trump and his administration have made this battle a foreign policy priority.’ 

Moraes is now in the U.S. government’s crosshairs after the DOJ sent a letter to him in May outlining his reported international overreach into U.S. law affecting the First Amendment, as well as Secretary of State Marco Rubio revealing in a congressional hearing that the Brazilian judge could face U.S. sanctions. 

Moraes had ordered Rumble to remove a user from its platform as he stands accused of spreading false information online and is considered a fugitive in Brazil. Rumble refused and was threatened with financial penalties for the lack of cooperation. 

The DOJ letter, dated May 7 and made public Thursday, argued that Moraes’ orders are not enforceable in the U.S. 

‘These purported directives to Rumble are made under threat of monetary and other penalties,’ the letter, signed by DOJ official Ada E. Bosque, reads. ‘We take no position on the enforceability of the various orders and other judicial documents directing Rumble to act within the territory of Brazil, which is a matter of Brazilian law. However, to the extent that these documents direct Rumble to undertake specific actions in the United States, we respectfully advise that such directives are not enforceable judicial orders in the United States.’ 

The DOJ did not have additional comment to provide when approached about the letter Tuesday. 

Pavlovski described to Fox Digital that the letter is ‘unprecedented’ and draws a clear line to foreign nations that they cannot attempt to thwart U.S. laws and the First Amendment. 

‘The letter from the U.S. Department of Justice to a foreign judge over censorship orders is unprecedented,’ Pavlovski said. ‘It draws a bright red line: foreign officials cannot issue censorship orders that violate the First Amendment or bypass U.S. law. That kind of extraterritorial overreach is incompatible with American sovereignty. And that’s good news, not just for Americans, but for free societies everywhere.’ 

The letter continued that there are established channels for international legal proceedings, which the DOJ said the judge bypassed, and directed the Brazilian judge to various proper procedures he could take regarding the court orders. 

Rumble facing restrictions in foreign nations is hardly new, with the platform currently disabled in China, Russia and France, as well as Brazil. It has also previously received censorship demands in nations such as the U.K., Australia and New Zealand, but has maintained its free speech objective. 

The DOJ’s letter comes as Rubio revealed in a House Committee on Foreign Affairs hearing in May that the State Department is considering sanctions against Moraes under the Magnitsky Act. The Global Magnitsky Human Rights Accountability Act authorizes the U.S. government to sanction individuals overseas if determined responsible for human rights abuses or corruption.

‘We’ve seen pervasive censorship, political persecution targeting the entire opposition, including journalists and ordinary citizens,’ Republican Florida Rep. Cory Mills asked Rubio at the hearing in May. ‘What they’re now doing is imminent, politically motivated imprisonment of former President Bolsonaro. This crackdown has extended beyond Brazil’s borders, impacting individuals on U.S. soil., the 2023 Financial Times article actually talked about this. What do you intend to do? And would you be looking at Supreme Court justice sanctioning of Alexandre de Moraes under the Global Magnitsky Act?’

Rubio responded, ‘That’s under review right now, and it’s a great, great possibility that will happen.’

Days later, Rubio posted to X that the State Department will roll out visa restrictions on foreigners found ‘complicit’ in censoring Americans. 

‘For too long, Americans have been fined, harassed, and even charged by foreign authorities for exercising their free speech rights,’ Rubio wrote on X. ‘Today, I am announcing a new visa restriction policy that will apply to foreign officials and persons who are complicit in censoring Americans. Free speech is essential to the American way of life — a birthright over which foreign governments have no authority.’ 

‘Foreigners who work to undermine the rights of Americans should not enjoy the privilege of traveling to our country,’ Rubio added, not naming specific individuals responsible for such actions. ‘Whether in Latin America, Europe, or elsewhere, the days of passive treatment for those who work to undermine the rights of Americans are over.’

Moraes is also overseeing the upcoming trial of former Brazilian President Jair Bolsonaro, who is accused of allegedly attempting to overturn his 2022 election results. 

Brazil President Luiz Inacio Lula da Silva slammed the U.S. for threatening sanctions against Moraes in comment this week. 

‘It is unacceptable for the president of any country in the world to comment on the decision of the Supreme Court of another country,’ da Silva said Tuesday, according to Reuters. 

The Brazilian president added that the U.S. should understand the importance of ‘respecting the integrity of institutions in other countries.’

Fox News Digital reached out to Moraes’ office Tuesday but did not immediately receive a reply. 

This post appeared first on FOX NEWS

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Hawley clashes with UPenn law professor over judicial injunctions

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Sen. Josh Hawley, R-Mo., clashed Tuesday with a University of Pennsylvania law professor over the number of nationwide judicial injunctions imposed by district judges against President Donald Trump’s executive actions on matters including deportations, tariffs, and cuts to federal funding and the federal workforce. 

During the Senate Judiciary subcommittee hearing titled ‘The Supposedly ‘Least Dangerous Branch’: District Judges v. Trump,’ Hawley displayed a bar chart to argue that nationwide injunctions against the executive branch, which had not been used until the 1960s, surged when Trump came into office for his first term and then dramatically dropped again during former President Joe Biden’s time at the White House. 

‘Now, you don’t think this is a little bit anomalous?’ Hawley asked University of Pennsylvania law professor Kate Shaw. 

Shaw, a Supreme Court contributor for ABC News who previously worked for former President Barack Obama’s White House Counsel’s Office, responded, ‘A very plausible explanation, senator, you have to consider is that [Trump] is engaged in much more lawless activity than other presidents. Right?’ 

‘This was never used before the 1960s,’ Hawley said. ‘And suddenly Democrat judges decide we love the nationwide injunction. And then when Biden comes office, no, no.’ 

Shaw cited Mila Sohoni, a Stanford Law School professor, as suggesting that the first nationwide injunction came in 1913 and others were issued in the 1920s. 

‘The federal government was doing a lot less until 100 years ago,’ she said. ‘There’s many things that have changed in the last hundred or the last 50 years.’ 

‘So as long as it is a Democrat president in office, then we should have no nationwide injunctions?’ Hawley shot back. ‘If it’s a Republican president, then this is absolutely fine, warranted and called for? How can our system of law survive on those principles?’ 

Shaw said she believes a system where there ‘are no legal constraints on the president is a very dangerous system of law,’ but the Republican from Missouri contended that’s not what the law professor believed when Biden was president. 

‘You said it was a travesty for the principles of democracy, notions of judicial impartiality and the rule of law,’ Hawley said. ‘You said the idea that anyone would foreign shop to get a judge who would issue a nationwide injunction was a politician, just judges looking like politicians in robes. Again, it threatened the underlying legal system. People are just trying to get the result they wanted. It was a travesty for the rule of law. But you’re fine with all of that if it’s getting the result that you want.’ 

Hawley cited Shaw’s stance in a specific abortion pill ruling during Biden’s presidency. In April 2023, U.S. District Judge Matthew J. Kacsmaryk of the Northern District of Texas issued a nationwide injunction on the Biden Food and Drug Administration’s mifepristone rules, which Shaw described at the time as ‘a travesty for the principles of democracy, notions of judicial impartiality and the rule of law.’ 

Hawley said she had failed to offer a legitimate principle for issuing nationwide injunctions now. 

‘I understand you hate the president,’ the senator told Shaw. ‘I understand that you love all of these rulings against him. You and I both know that’s not a principle. You’re a lawyer. What’s the principle that divides when issuing a nationwide injunction is OK and when it is not? When the Biden administration was subject to nationwide injunctions, you said that they were travesties for the principle of democracy.’ 

‘When it’s Biden, it’s OK. When it’s Biden, oh, it’s a travesty. When it’s Trump in office, it’s a no holds barred, whatever it takes,’ the senator added. 

Hawley said Shaw and his Democratic colleagues were raising ‘very principled injunctions’ to nationwide injunctions issued against Biden just nine months ago and ‘all that’s changed in nine months is the occupant of 1600 Pennsylvania Avenue.’

‘I realize that my colleagues on this side of the aisle very much dislike that individual,’ Hawley said, referring to Trump. ‘And I realize that you think that the rulings that he has lost are fundamentally sound.’

‘I disagree with all of that, but we can put that to one side. The question we’re talking about here is, ‘Should judges, single judges, district court judges be able to bind nonparties who are not in front of them?’ And you used to say no. Now you say yes,’ he said. ‘Let’s be consistent. I would just suggest to you our system of government cannot survive if it’s going to be politics all the way down.’ 

Shaw responded that ‘democracy is not as simple as majority rule,’ but Hawley interjected, saying, ‘You would have it as simple as majority rule. When you get the majority you like, you’re for the nationwide injunction. When you don’t, you’re not.’ 

This post appeared first on FOX NEWS

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Radical new DOGE transparency powers could hit Congress after Elon Musk exit

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Rep. Chip Roy, R-Texas, is pushing to grant Congress vast new oversight powers over real-time federal spending to pick up where Elon Musk left off with the Department of Government Efficiency (DOGE).

A new bill that Roy is introducing on Wednesday would give lawmakers access to Treasury Department invoices larger than $25,000 in real time.

It would also grant lawmakers the ability to see payments to individual recipients of federal benefits and federal employees, according to bill text previewed by Fox News Digital.

It comes roughly a week after Musk announced he was stepping away from his federal government role – followed by his criticism of congressional Republicans’ spending legislation on the way out the door.

‘DOGE lifted up the hood of federal government spending and put on full display the massive programs and inefficiencies wasting American taxpayer dollars,’ Roy told Fox News Digital.

‘Billions were splurged on waste, fraud and abuse – but also on programs that clearly do not align with the core values of the American people. Regardless of which party controls the White House, the mission of DOGE in identifying wasteful spending must continue.’

He said his legislation would give Congress ‘the best tools available to identify this ridiculous spending in real time and allow us to reform government spending well into the future.’

Fiscal hawks like Roy are already looking to the next steps even as Congress begins consideration of a $9.4 billion spending cut proposal sent by the White House on Tuesday. 

The mechanism, known as a rescissions package, gives Capitol Hill 45 days to approve the blockage of funds – which were previously greenlit by Congress – while lowering the Senate’s threshold for passage on it from 60 votes to 51.

The package, which Republican leaders signaled could be the first of several, targets federal funding to NPR, PBS and the U.S. Agency for International Development (USAID).

House GOP leaders said that package would get a vote next week.

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Massive Russia sanctions package stalls as Trump pushes for Ukraine peace talks

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Senators are growing antsy to move ahead with a massive sanctions package against Russia, and the only thing standing in the way is President Donald Trump.

In the midst of the extremely partisan budget reconciliation process, nearly the entire upper chamber has coalesced behind the sanctions package from Sens. Lindsey Graham, R-S.C. and Richard Blumenthal, D-Conn., which would slap up to 500% ‘bone-breaking’ tariffs on countries buying energy products from Moscow.

The measure is designed to place Russia’s war machine into a chokehold by imposing duties on oil, gas, uranium and other exports largely purchased by China and India, which account for nearly three-quarters of Moscow’s energy business.

Trump has pushed for peace talks between Ukraine and Russia, which have so far not yielded an end to the three-year conflict, and has begun to sour on Russian President Vladimir Putin’s reluctance to find a peaceful end to the ongoing conflict. He recently questioned ‘what the hell happened’ to the Russian leader.

The latest round of negotiations in Istanbul, Turkey, ended without a ceasefire, and Putin’s recent demands for large chunks of territory in exchange for peace have been nonstarters for Ukrainian President Volodymyr Zelenskyy.

A successful surprise drone attack by Ukraine and fears of a retaliatory strike by Russia have lawmakers growing increasingly anxious to sanction Russia into oblivion, but the president has yet to give Graham — a top ally of Trump’s — and Blumenthal’s bill his blessing.

‘If President Trump asked me my opinion, I would tell them, ‘let’s go now,’’ Sen. John Kennedy, R-L.a., one of the 82 co-sponsors of the bill, told Fox News Digital.

And Graham, who traveled to Ukraine with Blumenthal to meet with Zelenskyy during the Senate’s Memorial Day recess, wants to see his sanctions levied against Russia by as early as next week when world powers gather in Italy for the upcoming G7 Summit to ‘deliver an unequivocal message to China.’

‘The theme of this engagement was that we appreciate President Trump’s earnest efforts to bring about peace and entice Putin to come to the table,’ Graham said in a statement after meeting with French President Emmanuel Macron. ‘It is our view Putin is not responding in kind, he is not interested in peace and that he plans to continue to dismember Ukraine.’

Blumenthal believed that Trump ‘has been played’ by Putin and accused the Russian leader of being ‘totally unserious’ about the negotiations with Ukraine.  

The lawmaker confirmed to Fox News Digital that he and Graham would hold a briefing for all 100 Senators on the current state of affairs in Ukraine on Wednesday.

He said there was ‘no question’ that Trump’s input would be significant for the bill’s fate, but noted that even House Speaker Mike Johnson, R-L.a., came out in support of levying strict sanctions on Russia, which suggested a bicameral desire to inflict monetary pain on Moscow and its allies.

‘We have 82 senators, evenly divided, bipartisan, which I think speaks volumes,’ Blumenthal said. ‘If it’s given a vote, it will pass, and obviously President Trump’s views will matter as to whether it’s given a vote.’

Still, Senate Republican leadership is waiting for a green-light from the White House before making any decisions to put the bill on the floor.

Senate Majority Leader John Thune, R-S.D., countered on the Brian Kilmeade Show on Fox Radio that his team and the White House were working together to make sure that the sanctions package ‘from a technical standpoint’ hit the mark of what the president wanted to do.

‘We’re trying to give [President Trump] as much space and room as necessary for him to try and negotiate the best possible outcome and get a peaceful solution in Ukraine,’ Thune said. ‘And if the sanctions contribute to that, then yeah, we’re available and ready to move.’

Meanwhile, lawmakers don’t see the sanctions package as undermining any ongoing efforts from the White House to broker a peace deal. Sen. Thom Tillis, R-S.C., believed that the legislation would instead act as a ‘real enabler’ for the Trump administration.

And Sen. Tim Kaine, D-Va, similarly believed that the sanctions bill could give Trump a ‘stronger hand’ in negotiations.

‘These are sanctions that would be very punishing to the Russian economy,’ he told Fox News Digital. ‘And we think the president can say, ‘Look, this is going to be very serious, but it can be avoided if we reach an accord right now that’s a cease fire.’’

This post appeared first on FOX NEWS

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Radiopharm Theranostics Doses First Patient in Phase 1 ‘HEAT’ Trial of 177Lu-RAD202 for Treatment of Advanced HER2-Positive Solid Tumors

Phase 1 1 First-In-Human study designed to assess safety   ,   tolerability   , right dose for Phase 2 and early signs of efficacy   of 177Lu-RAD20   2   in individuals with   advanced HER2-positive solid   tumors

Previous clinical proof-of concept data 2 for targeting HER-2 demonstrated the safety and biodistribution of 99mTc-RAD202 in humans

Radiopharm Theranostics (ASX:RAD, ‘Radiopharm’ or the ‘Company’), a clinical-stage biopharmaceutical company focused on developing innovative oncology radiopharmaceuticals for areas of high unmet medical need, today announced the dosing of the first patient in its Phase 1 ‘HEAT’ clinical trial of RAD202, a proprietary nanobody that targets Human Epidermal Growth Factor Receptor 2 (HER2)-positive expression in a wide array of advanced solid tumors.

The open-label Phase 1 ‘HEAT’ clinical trial is a dose escalation trial of 177Lu-RAD202 that is designed to determine the recommended Phase 2 dose and to evaluate the safety and preliminary clinical activity of this novel radiotherapeutic in individuals with HER2-expressing advanced cancers. The study is currently being conducted at clinical centers across Australia.

‘Dosing patients in the HEAT clinical trial marks an important milestone in our transition to a clinical-stage company,’ said Riccardo Canevari, CEO and Managing Director of Radiopharm Theranostics. ‘Despite progressive improvements in the management of metastatic HER2-positive disease, the majority of patients experience disease progression on current standard of care and require further therapeutic options. The dosing of the first patient in the ‘HEAT’ trial represents a significant step toward achieving RAD202’s potential to address an unmet need for HER2-positive metastatic patients who are progressing or unable to tolerate current treatment options. With RAD202, we hope to provide an option that can meaningfully improve clinical outcomes for HER2-positive patients, while preserving their quality of life.’

HER2 is overexpressed in breast cancer as well as several other solid tumors and represents a validated target in oncology. RAD202 is a proprietary single domain antibody that targets HER2. Ten HER2-positive breast cancer patients previously dosed in a Phase 1 diagnostic study of RAD202 demonstrated clinical proof-of concept as well as the safety and biodistribution of RAD202, validating its potential for the treatment of advanced HER2-expressing cancers 2 . Preclinical findings 3 examining the therapeutic effect in HER2-positive xenografts were also recently reported with 177Lu-RAD202. Collectively, these data further justify first in humans dose finding studies.

‘It is a privilege to be the first centre to administer 177Lu-RAD202, targeting HER2-positive tumors in this Phase 1 clinical trial (HEAT).’ said Dr Aviral Singh, Clinical Head of Theranostics and Nuclear Medicine at St John of God Murdoch Hospital. ‘This opens the possibility of novel therapeutic avenues for patients with aggressive tumor types, including breast, ovarian, gastric, pancreatic, bladder, and several other cancers. With the trust put in us by Radiopharm, we look forward to a successful trial with beneficial outcomes for our patients.’

About Radiopharm Theranostics

Radiopharm Theranostics is a clinical stage radiotherapeutics company developing a world-class platform of innovative radiopharmaceutical products for diagnostic and therapeutic applications in areas of high unmet medical need. Radiopharm is listed on ASX (RAD) and on NASDAQ (RADX). The company has a pipeline of distinct and highly differentiated platform technologies spanning peptides, small molecules and monoclonal antibodies for use in cancer. The clinical program includes one Phase 2 and three Phase 1 trials in a variety of solid tumor cancers including lung, breast, and brain metastases. Learn more at radiopharmtheranostics.com .

Authorised on behalf of the Radiopharm Theranostics board of directors by Chairman Paul Hopper.

For more information:
Riccardo Canevari
CEO & Managing Director
P: +1 862 309 0293
E: rc@radiopharmtheranostics.com

Anne Marie Fields
Precision AQ (Formerly Stern IR)
E: annemarie.fields@precisionaq.com

Paul Hopper
Executive Chairman
P: +61 406 671 515
E: paulhopper@lifescienceportfolio.com

Media
Matt Wright
NWR Communications
P: +61 451 896 420
E: matt@nwrcommunications.com.au

________________________________

1 clinicaltrials.gov/study/NCT06824155
2 Zhao et al, Molecular Pharmaceutics 2021 18 (9), 3616-3622
3 Altunay B. et al, EP-0136, Eur J Nucl Med Mol Imaging (2024) 51 (Suppl 1): S1–S1026. DOI: 10.1007/s00259-024-06838-z

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Charbone Hydrogene a execute un financement de 50 millions USD pour accelerer son expansion en hydrogene en Amerique du Nord, facilite par US Capital Global

(TheNewswire)

Un groupe financier privé mondial dont le siège social est à San Francisco conseille sur la facilité de construction pour soutenir l’expansion des usines modulaires d’hydrogène vert de Charbone en Amérique du Nord.

Brossard (Québec) TheNewswire – le 4 juin 2025 – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), une rare compagnie cotée en bourse spécialisée dans la production et la distribution d’hydrogène vert en Amérique du Nord, est heureuse d’annoncer plus de détails sur la signature, annoncée le 1 er mai 2025, d’un financement de projets d’un montant maximal de 50 millions de dollars américains, accordé par un fonds privé géré par True Green Capital Management LLC (« TGC »). US Capital Global Securities LLC, la division de courtage enregistrée auprès de la SEC du groupe financier privé mondial US Capital Global, a agi en tant que conseiller principal et facilitateur.

Basée à Montréal, Charbone développe des usines de production modulaires ciblant l’hydrogène d’une pureté de 99,999 % (grade 5.0 et supérieur), avec toute la production pré-vendue via des contrats de ventes à des clients de premier niveau.

‘ Nous sommes fiers d’avoir servi de conseiller principal à la fois à Charbone et à TGC sur cette transaction , a dit Charles Towle, Chef de la direction à US Capital Global Securities. ‘ Charbone connaît une forte dynamique, face à la demande croissante de solutions d’hydrogène propre pour décarboner les utilisateurs industriels grâce à ses principaux sites en développement en Amérique du Nord. Nous sommes impatients de soutenir la croissance continue de l’entreprise. La transaction a été menée par Lisa Terk, vice-présidente principale et banquière de premier plan spécialisée dans les technologies propres et les énergies renouvelables à notre siège mondial . ‘

‘ Ce financement marque une étape importante dans l’exécution de notre stratégie de croissance à long terme , a dit Benoit Veilleux, Chef de la direction financière de Charbone. ‘ Nous sommes reconnaissants à US Capital Global pour son soutien constant et son expertise tout au long de ce processus, depuis la structuration et de l’engagement des investisseurs jusqu’à la réussite de la documentation juridique . ‘

Hervé Touati, Directeur Général à TGC, a ajouté : ‘ Nous sommes heureux de financer Charbone et nous réjouissons de collaborer à cette initiative conjointe en matière d’énergie propre et renouvelable. Nous apprécions la diligence et la perspicacité de US Capital Global qui ont permis à cette opportunité d’aboutir . ‘

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 .

À propos de True Green Capital

True Green Capital Management LLC (« TGC ») est un gestionnaire de fonds spécialisé dans les infrastructures d’énergies renouvelables, spécialisé dans la production d’électricité décentralisée aux États-Unis et en Europe. Depuis 2011, TGC finance et gère des actifs d’énergie propre générant des rendements stables et faiblement corrélés. Basé à Westport, dans le Connecticut, TGC dispose également d’un bureau à Londres. Pour en savoir plus, rendez-vous sur www.truegreencapital.com .

À propos de US Capital Global

Fondée en 1998, US Capital Global propose une gamme de solutions financières avancées, comprenant des produits de dette, de capitaux propres et d’investissement personnalisés pour les entreprises et les investisseurs du marché intermédiaire. La société supervise des fonds d’investissement directs et propose des services complets de gestion de patrimoine et de banque d’investissement, incluant des stratégies de fusions-acquisitions et une expertise en levée de capitaux. Parmi les entités notables du consortium figurent US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC et US Capital Global Securities LLC, courtier-négociant enregistré auprès de la SEC et membre de la FINRA. Pour en savoir plus, visiter www.uscapital.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

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

Copyright (c) 2025 TheNewswire – All rights reserved.

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CHARBONE Hydrogen Executed a USD 50MM Financing to Accelerate its Hydrogen’s North American Expansion Facilitated by US Capital Global

(TheNewswire)

Global private financial group headquartered in San Francisco advises on construction facility to support CHARBONE’s expansion of modular green hydrogen facilities in North America.

Brossard, Quebec TheNewswire – June 4, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE’), rare publicly traded pure-play company focused on the production and distribution of green hydrogen in North America, is pleased to announce more details on the signing, announced previously on May 1st 2025, of a project finance facility of up to USD 50 million being provided by a private fund managed by True Green Capital Management LLC (‘TGC’). US Capital Global Securities LLC, the SEC-registered broker-dealer division of global private financial group US Capital Global has acted as lead advisor and facilitator.

Headquartered in Montreal, CHARBONE is developing modular production facilities targeting 99.999% purity (Grade 5.0 and higher) hydrogen, with all output pre-sold through tier-one offtake agreements.

‘ We’re proud to have served as lead advisor to both CHARBONE and TGC on this transaction ,’ said Charles Towle, CEO of US Capital Global Securities. ‘ CHARBONE is gaining strong momentum as demand grows for clean hydrogen solutions to decarbonize industrial users through their key sites in development across North America. We look forward to supporting the company’s continued growth. The transaction was led by Lisa Terk, Senior Vice President and a top CleanTech and Renewables banker at our global headquarters. ‘

‘ This financing marks an important milestone in executing our long-term growth strategy ,’ said Benoit Veilleux, CFO of CHARBONE. ‘ We are grateful to US Capital Global for their consistent support and expertise throughout this process—from structuring and investor engagement to the successful completion of legal documentation. ‘

Herv é Touati , Managing Director at TGC, added: ‘ We’re pleased to be financing CHARBONE and look forward to working together on this joint renewable clean energy initiative. We appreciate the diligence and insight of US Capital Global in bringing this opportunity to this stage. ‘

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 .

About True Green Capital Management

True Green Capital Management LLC (‘TGC’) is a specialized renewable energy infrastructure fund manager with a focus in distributed power generation in the US and Europe. Since 2011, TGC has financed and managed clean energy assets that generate stable, low-correlated returns. Headquartered in Westport, Connecticut, TGC also maintains an office in London. Learn more at www.truegreencapital.com .

About US Capital Global

Founded in 1998, US Capital Global offers a range of advanced financial solutions, including debt, equity, and investment products customized for middle-market enterprises and investors. The firm oversees direct investment funds while delivering comprehensive wealth management and investment banking services, encompassing M&A strategies and capital raising expertise. Among the notable entities within the consortium are US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC, and US Capital Global Securities LLC, an SEC-registered broker-dealer and member of FINRA. To learn more, visit www.uscapital.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

Benoit Veilleux

CFO and Corporate Secretary

 

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Crypto Market Recap: Trump’s Truth Social Moves to Launch Spot Bitcoin ETF

Here’s a quick recap of the crypto landscape for Monday (June 2) 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$104,369 as markets wrapped, down 0.7 percent in 24 hours. The day’s range for the cryptocurrency brought a low of US$103,984 and a high of US$104,589.

Bitcoin performance, June 2, 2025.

Chart via TradingView.

After hitting nearly US$103,100 on May 31, Bitcoin held above US$104,500 to close its weekly candle.

The cryptocurrency traded around US$104,000 on Monday as uncertainty continued to plague centralized and decentralized markets in the final month of the second quarter.

Crypto analyst Daan Crypto Trades identified the mid-range level around US$99,600 and a resistance area near US$108,000 as key zones to watch for potential reversal signals during the first week of June. He emphasized that early June moves may be ‘fakeouts,’ with the real trend emerging afterward.

Ethereum (ETH) finished the trading day at US$2,533.47, a 0.4 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$2,494.99 and saw a daily high of US$2,555.62.

Altcoin price update

  • Solana (SOL) closed at US$152.44, down 2.1 percent over 24 hours. SOL experienced a low of US$152.34 in the final minutes of trading and reached a high of US$154.27.
  • XRP is trading at US$2.16, reflecting a 0.1 percent decrease over 24 hours. The cryptocurrency reached a daily low of US$2.14 and a high of US$2.17.
  • Sui (SUI) peaked at US$3.28, showing a decreaseof 0.2 percent over the past 24 hours. Its lowest valuation on Monday was US$3.25, and its highest was US$3.32.
  • Cardano (ADA) is trading at US$0.6724, down 0.8 percent over the past 24 hours. Its lowest price of the day was US$0.6708, and it reached a high of US$0.6776.

Today’s crypto news to know

Circle aims for US$7.2 billion valuation in expanded US IPO

Stablecoin issuer Circle is aiming for a US$7.2 billion valuation in its upsized initial public offering (IPO), signaling strong investor interest amid a friendlier US regulatory environment under President Donald Trump.

The company and its backers now hope to raise up to US$896 million by offering 32 million shares.

Circle’s USDC, the world’s second largest stablecoin, is expected to benefit from pending legislation that could drive more institutional adoption. The firm reported a 55 percent jump in reserve income for Q1, reaching nearly US$558 million, though this was offset by a 68 percent surge in distribution and transaction costs.

Circle’s primary distribution partner is Coinbase Global (NASDAQ:COIN), with others contributing to global reach. The IPO is being led by JP Morgan Chase (NYSE:JPM), Citigroup (NYSE:C) and Goldman Sachs (NYSE:GS).

Circle will trade under the ticker symbol ‘CRCL’ on the NYSE later this week.

BitoPro possibly hacked for US$11 million, exchange silent

Taiwan’s BitoPro exchange may have suffered a major breach on May 8, according to blockchain investigator ZachXBT, with over US$11.5 million in crypto drained from its hot wallets.

The attackers allegedly compromised wallets across Ethereum, Solana, Tron and Polygon, then funneled the assets through mixers like Tornado Cash and Wasabi Wallet to cover their tracks.

BitoPro has yet to publicly acknowledge the breach, instead citing routine “system maintenance” as the reason for service disruptions last month. The exchange remains quiet on its official channels despite mounting evidence of a hack.

BitoPro, operated by BitoGroup, has served Taiwan’s crypto market since 2018, and continues to process over US$20 million in daily volume.

Lubin credits Saylor for inspiring Ethereum treasury push

Ethereum co-founder Joe Lubin says a conversation with Bitcoin bull Michael Saylor prompted him to explore the creation of a treasury firm focused on Ether, according to Bloomberg.

Inspired by Saylor’s success turning Strategy (NASDAQ:MSTR) into a leveraged Bitcoin proxy, Lubin launched a new initiative through SharpLink Gaming (NASDAQ:SBET), raising US$425 million to buy Ether.

Lubin, who is now chair of SharpLink, expects to raise even more capital through share offerings and bonds — mirroring Saylor’s approach, but with a focus on Ethereum.

Following the announcement, SharpLink’s share price soared over 1,000 percent in just a few days. Lubin believes this will spark a wave of similar Ether-focused strategies and drive institutional demand.

While Bitcoin has enjoyed a clearer investment narrative as “digital gold,” Lubin argues Ether’s broader utility is underappreciated and ripe for a narrative shift.

Saylor’s Strategy boosts Bitcoin holdings by 705 BTC

Strategy acquired another 705 BTC for US$75.1 million between May 26 and May 30.

The latest purchases were made at an average price of US$106,495 per coin, and followed the sale of 3,750 Class A shares between May 22 and 29 by Strategy director Jarrod Patten, worth nearly US$1.4 million.

According to Strategy’s data, the latest purchase brought its year-to-date BTC yield to 16.9 percent. The company’s quarter-to-date BTC yield is now 5.4 percent. Strategy is looking to reach a BTC yield target of 25 percent year-to-date by the end of 2025. The company previously targeted a 15 percent yield, but increased it on May 1.

Strategy now holds 581,000 BTC, or 2.9 percent of all Bitcoin that have been mined to date.

Metaplanet buys more Bitcoin, holdings top US$930 million

Japan’s Metaplanet (TSE:3350,OTCQX:MTPLF) has acquired another 1,088 BTC, pushing its total Bitcoin stash past 8,888 coins — now worth over US$930 million. The latest purchase cost the firm US$117.5 million, bringing its average BTC acquisition price to just over US$108,000 per coin. Since adopting its Bitcoin treasury policy in April 2024, Metaplanet has rapidly climbed the ranks of corporate BTC holders and is now the largest in Asia.

The company recently raised US$50 million through zero-interest bonds to finance its latest round of acquisitions without issuing new stock. Year-to-date, Metaplanet reports a 66 percent return on its BTC holdings, and it has added over 7,000 coins in 2025 alone. The firm is targeting a total of 10,000 BTC by year end.

Tether enhances gold-backed token

Tether’s gold-backed token, Tether Gold (XAU₮), has been enhanced with an omnichain version, XAU₮0.

It is now available on the Open Network (TON) blockchain. This move enables the trading of digital gold and deepens the collaboration between Tether and TON. XAU₮, Tether’s original gold token, is available as an ERC-20 token on Ethereum and a TRC-20 token on TRON. The new version leverages LayerZero’s OFT standard to facilitate native movement across multiple blockchains without wrapping or redeploying new tokens on each chain.

According to Tether’s Q1 attestation report, it has over 7.7 metric tons of physical gold backing the XAUT stablecoin.

MAS orders crypto firms to halt overseas services

The Monetary Authority of Singapore (MAS), the country’s central bank, has ordered local crypto service providers to stop offering digital token services to overseas markets by June 30.

The directive came in response to industry feedback on a proposed regulatory framework for Digital Token Service Providers (DTSPs) under the Financial Services and Markets Act (FSM Act), passed in April 2022.

The act requires DTSPs with overseas operations to comply with anti-money laundering and counter-terrorist financing standards, even if they do not offer services within Singapore.

“DTSPs which are subject to a licensing requirement under section 137 of the FSM Act must suspend or cease carrying on a business of providing DT services outside Singapore by 30 June 2025,” MAS wrote.

MAS states that any Singapore-incorporated company, individual or partnership that provides DT services outside Singapore must either cease operations or obtain a license when the DTSP provisions come into force.

Companies found violating the laws will be subject to hefty fines of up to 250,000 Singaporean dollars (US$200,000) and imprisonment of up to three years. Firms licensed or exempted under the Securities and Futures Act, Financial Advisors Act or Payment Services Act may continue to operate without conflicting with the new rules.

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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