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Toronto, Ontario January 21, 2026 TheNewswire – Laurion Mineral Exploration Inc. (TSX-V: LME | OTCQB: LMEFF | FSE: 5YD) (‘LAURION’ or the ‘Company’) announces the appointment of Pierre-Jean Lafleur, P.Eng., as the Company’s new Qualified Person, effective immediately.

Pierre-Jean is a highly experienced geological engineer and consultant who has authored numerous National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’) technical reports for gold and mineral resource projects, including Duparquet (Québec), Balabag (Philippines) and Lac Lamêlée (iron ore, Québec), demonstrating deep expertise in gold, base metals, and international resource evaluation. He specializes in property evaluation, mineral resource estimation and various aspects of exploration and mining project management.

Pierre-Jean brings exactly the combination of geological insight, Qualified Person leadership, and technical discipline that aligns with our execution priorities,‘ said Cynthia Le Sueur-Aquin, President and CEO of LAURION. ‘His experience strengthens our ability to advance Ishkōday through disciplined interpretation, integrated modelling, and technically grounded decision-making as the project continues to evolve.’

The Company also extends its sincerest thanks to Jean-Philippe Paiement, P.Geo., for his contributions and efforts during his tenure as the Company’s Qualified Person. LAURION wishes him continued success in his future endeavours.

Strengthened Technical Team to Advance Ishkōday

LAURION has strategically strengthened its technical leadership to support disciplined advancement at the Ishkōday Gold-Polymetallic Project. Pierre-Jean Lafleur and Ali Ben Ayad (Structural-Geophysicist) will lead the integration and synthesis of LAURION’s geological, geophysical, and drilling datasets to refine the A-Zone geological envelope, develop robust 3D wireframes, and establish the technical foundation required for future resource-definition work under NI 43-101.

In parallel, Rogerio Monteiro of Vektore will contribute advanced structural interpretation and grade-vectoring analysis to support the prioritization of step-out targets with potential to extend known mineralization, with initial emphasis on the Sturgeon River Mine area and broader Ishkōday corridor. Vektore’s proprietary spatial-analytic framework transforms grade information into directionally weighted vector fields, supporting early-stage identification of structural trends and high-probability concentration zones.

 

This work will be closely coordinated with Ronacher McKenzie Geoscience (RMG) and LAURION’s internal exploration team to ensure disciplined execution, continuity of interpretation, and alignment across technical workstreams.

Guidance on Timing of NI 43-101 Technical Reports

 

While LAURION is working toward the technical foundation required to support an eventual NI 43-101 compliant technical report expressing a mineral resource estimate (‘MRE’), potentially followed by a subsequent technical report disclosing a preliminary economic assessment (‘PEA’), the Company is not providing guidance on timing of either of these technical objectives. Progress toward an MRE and PEA will depend on multiple factors, including ongoing refinement of geological and structural models, the definition of mineralized continuity through further work and drilling where required, and access to financing to execute the necessary programs. Accordingly, references to NI 43-101 technical reports should be regarded as an ongoing technical objective of the Company, not an indication that the completion dates for an MRE and PEA can be accurately predicted at this stage.

 

LAURION believes the appointment of Pierre-Jean as its new Qualified Person further strengthens the Company’s technical leadership as it continues developing Ishkōday.

 

Qualified Person

The technical contents of this release were reviewed and approved by Pierre-Jean Lafleur, P.Eng, a consultant to LAURION and a Qualified Person as defined by NI 43-101.

 

About LAURION Mineral Exploration Inc.

 

Laurion Mineral Exploration Inc. is a mid-stage junior mineral exploration company listed on the TSX Venture Exchange under the symbol LME and on the OTC Pink market under the symbol LMEFF. The Company currently has 278,716,413 common shares outstanding, with approximately 73.6% held by insiders and long-term ‘Friends and Family’ investors, reflecting strong alignment between management, the Board, and shareholders.

 

LAURION’s primary focus is the 100%-owned, district-scale Ishkōday Project, a 57 km² land package hosting gold-rich polymetallic mineralization. The Company is advancing Ishkōday through a disciplined, milestone-driven exploration strategy focused on strengthening geological confidence, defining structural continuity.

 

LAURION’s strategy is centered on deliberate value creation. The Company is prioritizing systematic technical advancement, integrated geological and structural modeling, and the evaluation of optional, non-dilutive pathways, including historical surface stockpile processing, that may support flexibility in LAURION’s exploration plans without diverting the Company’s focus from its core exploration objectives.

 

The Company’s overarching objective is to build project value before monetization, ensuring that any future strategic outcomes are supported by technical clarity, reduced execution risk, and demonstrated scale. While the Board remains attentive to strategic interest that may arise, LAURION is not driven by transaction timing. Instead, the Company is focused on advancing the Ishkōday Project in a manner that strengthens long-term shareholder value.

 

LAURION will continue to communicate updates through timely disclosure and will issue press releases in accordance with applicable securities laws should any material information arise.

 

FOR FURTHER INFORMATION, CONTACT:

 

Laurion Mineral Exploration Inc.

Cynthia Le Sueur-Aquin – President and CEO

Tel: 1-705-788-9186 Fax: 1-705-805-9256

 

Douglas Vass – Investor Relations Consultant

Email: info@laurion.ca

Website: http://www.LAURION.ca

Follow us on: X (@LAURION_LME), Instagram (laurionmineral) and LinkedIn ()

 

Caution Regarding Forward-Looking Information

This press release contains forward-looking statements, which reflect the Company’s current expectations regarding future events including with respect to LAURION’s business, operations and condition, management’s objectives, strategies, beliefs and intentions, the Company’s ability to advance the Ishkōday Project, the nature, focus, timing and potential results of the Company’s exploration, drilling and prospecting activities in 2026 and beyond, the timing of, and the Company’s ability to complete, any technical reports or milestones regarding the Ishkōday Project, and the statements regarding the Company’s exploration or consideration of any possible strategic alternatives and transactional opportunities, as well as the potential outcome(s) of this process, the possible impact of any potential transactions referenced herein on the Company or any of its stakeholders, and the ability of the Company to identify and complete any potential acquisitions, mergers, financings or other transactions referenced herein, and the timing of any such transactions. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the TSX Venture Exchange or any other applicable regulator not providing its approval for any strategic alternatives or transactional opportunities, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Company’s publicly filed documents. Investors should consult the Company’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the Company’s public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Company disclaims any obligation to update these forward-looking statements. All sample values are from grab samples and channel samples, which by their nature, are not necessarily representative of overall grades of mineralized areas. Readers are cautioned to not place undue reliance on the assay values reported in this press release.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

  

Copyright (c) 2026 TheNewswire – All rights reserved.

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House Oversight Committee Chairman James Comer, R-Ky., is calling for bipartisanship on a key vote that could lead to former President Bill Clinton and ex-Secretary of State Hillary Clinton facing criminal charges.

Comer will ask Democrats to join Republicans in teeing up House-wide votes on holding the Clintons in contempt of Congress on Wednesday, after both defied subpoenas to appear for his committee’s probe into Jeffrey Epstein.

‘The Committee does not take this action lightly. But subpoenas are not mere suggestions; they carry the force of law and require compliance,’ Comer will say, according to an excerpt obtained by Fox News Digital. ‘Former President Clinton and Secretary Clinton were legally required to appear for depositions before this Committee. They refused.’

Comer’s statement will also argue the committee ‘acted in good faith’ in trying to schedule the depositions but that ‘actions have consequences.’

‘We’ve offered flexibility on scheduling. The response we received was not cooperation, but defiance, marked by repeated delays, excuses, and obstruction,’ Comer will say. ‘Today, the Clintons must be held accountable for their actions. And Democrats must support these measures, or they will be exposed as hypocrites.’

The committee is meeting at 10 a.m. on Wednesday to mark up a pair of reports on holding the Clintons in contempt. 

If they pass — which they are expected to do, largely along party lines — it will pave the way for the full House to vote on whether to refer the Clintons to the Department of Justice (DOJ) for prosecution.

‘We must do what is necessary to uphold Congress’s investigative authority, which is imperative to the legislative process,’ Comer will say. ‘And we are doing so to demonstrate to the American people that justice is applied equally to everyone, regardless of position, pedigree, or prestige.’

A contempt of Congress conviction is a misdemeanor that carries a maximum fine of $100,000 and up to one year in jail.

Steve Bannon and Peter Navarro, associates of President Donald Trump, were each found guilty of the charge after defying subpoenas sent by the now-defunct House select committee on the Jan. 6 Capitol riot.

The Clintons were two of 10 people Comer subpoenaed over the summer as part of the Oversight Committee’s probe into Epstein. But despite the initial bipartisan push, the investigation has fallen into partisan infighting as both sides accuse the other of politicizing the probe at the expense of Epstein’s victims.

Rep. Robert Garcia, D-Calif., the top Democrat on the committee, accused Comer of hypocrisy in trying to hold the Clintons accountable while not pushing harder to enforce the subpoena aimed at forcing the DOJ to release all of its Epstein files, which it has not yet done.

‘I think it’s incredibly hypocritical for James Comer to go out and try to hold in contempt his political enemies while [Attorney General Pam Bondi] is actively breaking the law, and he refuses to hold her in contempt,’ Garcia told MS NOW last week.

Comer also issued a statement on Tuesday stating that he rejected an offer from Bill Clinton’s lawyer for himself and Garcia to sit down with the former president in New York, for an interview without an ‘official transcript.’

‘The House Oversight Committee rejects the Clintons’ unreasonable demands and will move forward with contempt resolutions on Wednesday due to their continued defiance of lawful subpoenas,’ Comer said.

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ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday.

Usually known only by his first name, Valentino was 93, and had retired in 2008.

Founder of the eponymous brand, Valentino scaled the heights of haute couture, created a business empire and introduced a new color to the fashion world, the ‘Valentino Red.’

‘Valentino Garavani passed away today at his Roman residence, surrounded by his loved ones,’ the foundation said on Instagram.

He will lie in state Wednesday and Thursday, while the funeral will take place in Rome on Friday, it added.

Ira de Fürstenberg, president of Valentino Parfums, alongside Valentino Garavani in his perfume laboratory in 1978.Alain Dejean / Getty Images file

Valentino was ranked alongside Giorgio Armani and Karl Lagerfeld as the last of the great designers from an era before fashion became a global, highly commercial industry run as much by accountants and marketing executives as the couturiers.

Lagerfeld died in 2019, while Armani died in September.

Valentino was adored by generations of royals, first ladies and movie stars, from Jackie Kennedy Onassis to Julia Roberts and Queen Rania of Jordan, who swore the designer always made them look and feel their best.

“I know what women want,” he once remarked. “They want to be beautiful.”

Italian fashion designer Valentino.Andrea Blanch / Getty Images file

Never one for edginess or statement dressing, Valentino made precious few fashion faux-pas throughout his nearly half-century-long career, which stretched from his early days in Rome in the 1960s through to his retirement in 2008.

His fail-safe designs made Valentino the king of the red carpet, the go-to man for A-listers’ awards ceremony needs.

His sumptuous gowns have graced countless Academy Awards, notably in 2001, when Roberts wore a vintage black and white column to accept her best actress statue. Cate Blanchett also wore Valentino — a one-shouldered number in butter-yellow silk — when she won the Oscar for best supporting actress in 2004.

Valentino and a group of models in his designs during a fashion show in Paris in 1993.Gamma-Rapho via Getty Images file

Valentino was also behind the long-sleeved lace dress Jacqueline Kennedy wore for her wedding to Greek shipping magnate Aristotle Onassis in 1968. Kennedy and Valentino were close friends for decades, and for a spell, the one-time U.S. first lady wore almost exclusively Valentino.

He was also close to Diana, Princess of Wales, who often donned his sumptuous gowns.

Beyond his signature orange-tinged shade of red, other Valentino trademarks included bows, ruffles, lace and embroidery; in short, feminine, flirty embellishments that added to the dresses’ beauty and hence to that of the wearers.

Perpetually tanned and always impeccably dressed, Valentino shared the lifestyle of his jet-set patrons. In addition to his 152-foot yacht and an art collection including works by Picasso and Miro, the couturier owned a 17th-century chateau near Paris with a garden said to boast more than a million roses.

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Exploration drilling underway and PFS-level technical programs ongoing at the Company’s Saskatchewan gold project

Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is entering 2026 with a strengthened balance sheet and a clear strategic focus on advancing its Goldfields Gold Project (‘Goldfields’ or the ‘Project’), a gold development asset in Saskatchewan, one of the world’s top-tier mining jurisdictions.

Following a year of significant technical and corporate progress in 2025, the Company is fully funded to execute its planned 2026 program at Goldfields, centered on; 1) project development work, that includes advancing toward a Prefeasibility Study (‘PFS’) in tandem with permitting activities, and 2) exploration drilling targeting additional near-mine ounces that could further strengthen Goldfields’ excellent economics. Exploration drilling has resumed after the holiday break and initial drill results are expected in the first quarter of 2026.

Goldfields is very well-positioned for advancement, with excellent PEA economics, a high-confidence mineral resource base, established infrastructure, and the benefit of Saskatchewan’s stable, top-tier jurisdiction.‘ said Dale Verran, CEO of Fortune Bay. ‘The work completed in 2025 strengthened the project’s technical foundation and firmly set the stage for expedited advancement. With funding secured, our priority in 2026 is disciplined execution, advancing development while growing the resource and positioning Goldfields to unlock meaningful value as the gold market continues to strengthen.’

2025: A Year of Demonstrating Project Value and Setting the Stage for Advancement

Throughout 2025, Fortune Bay advanced Goldfields through a series of key milestones aimed at strengthening technical confidence, improving execution readiness, and positioning the project for the next stage of value creation.

Updated Preliminary Economic Assessment: Defining an Expedited Development Path

In September 2025, Fortune Bay completed an independent Updated Preliminary Economic Assessment (‘Updated PEA’) for Goldfields, confirming the project as a robust open-pit development asset supported by a well-defined resource base, existing infrastructure, and Saskatchewan’s stable regulatory environment.

At a base-case gold price of US$2,600/oz, the Updated PEA outlined after-tax economics of C$610 million NPV (5%) and a 44% IRR, with initial capital estimated at C$301 million. At spot gold prices at the time of the study (US$3,650/oz), the after-tax NPV (5%) increased to C$1.25 billion, highlighting the project’s strong sensitivity to gold prices. On average, every US$100 change in the gold price assumption results in an approximate C$61 million change in after-tax NPV.

The Updated PEA positions Goldfields for accelerated advancement toward construction by maintaining throughput below 5,000 tpd, enabling the Project to remain within the provincial permitting framework. This expedited pathway is supported by established infrastructure, a de-risked resource base (with 97% of ounces in the mine plan classified as Indicated), and a valid provincially approved Environmental Impact Statement (‘EIS’) from 2008 for a 5,000 tpd open-pit operation.

To read the full release visit https://fortunebaycorp.com/news/post/fortune-bay-announces-updated-pea-for-goldfields-saskatchewan.

Permitting Work: Advancing Execution Readiness

Alongside the Updated PEA, Fortune Bay advanced environmental baseline studies during 2025, building upon extensive historical datasets and the existing EIS. Both aquatic and terrestrial baseline environmental studies were completed in late 2025, with final reporting and ongoing monitoring continuing into early 2026 and beyond.

In addition, a well-attended community tour of Indigenous communities and municipalities was completed in November 2025 to support early engagement on the development of Goldfields. Productive meetings were also held with Chiefs and Council members from local Indigenous nations to introduce the project and seek initial feedback from leadership.

Post-PEA Technical Programs: Advancing Toward PFS-Level Studies

Following completion of the Updated PEA, the Company initiated a series of post-PEA technical programs aimed at further de-risking the project and advancing studies toward the PFS level. This work included high-resolution topographic (LiDAR) survey, waste rock characterization, metallurgical testwork, and planning for additional PFS-level work programs.

Exploration: Positioning for Resource Expansion

In parallel with project development work, Fortune Bay refined exploration targets across the Goldfields property, integrating historical drilling, updated geological modeling, and insights gained through the PEA process. This work directly informed the design of the current exploration drilling program targeting additional near-mine ounces that could further strengthen Goldfields’ exceptional economics and improve the overall development profile. 

2026: Funded, Focused, and Advancing

With funding secured, Fortune Bay’s 2026 work program is designed to translate the technical and permitting progress achieved in 2025 into tangible value advancement at Goldfields. The Company enters the year with a clear operational focus and the financial capacity to execute its plans without near-term capital constraints.

Exploration

A central component of the 2026 program is resource expansion drilling, targeting priority areas identified through recent geological modeling and insights gained from the Updated PEA. The drilling is intended to test the potential to further strengthen project scale, extend mine life, and enhance the overall development profile. Initial drill results are expected in the first quarter of 2026.

Project Development

The Company plans to advance three key project development strategies in parallel; 1) PFS-level work streams, 2) Saskatchewan-led environmental approvals, and 3) community consultation and engagement.

PFS-level work streams will include expanded geotechnical, metallurgical and waste rock geochemistry investigations. Metallurgical and waste rock studies in 2025 were scoped to inform and support design of optimized PFS-level investigations in 2026. An integrated work program is being developed to reduce the amount of drilling required to the extent possible.

  • Geotechnical drilling and investigations, in tandem with hydrogeological survey, will expand on historical studies to further characterize host-rock physical properties and support optimization of the open pit design. Surface investigations and soil profile testing will also be carried out to support higher-confidence infrastructure design, including that of the tailings storage facility, process plant and other site infrastructure.
  • Metallurgical studies will include expanded testing to better constrain parameters around process plant design and reagent consumption, including broad-scale variability testing.
  • Waste rock characterisation study will be carried out, including acid base accounting and geochemistry, to support waste rock facility design and complement site water balance and environmental (permitting) advancement.

Results from recent baseline environmental studies and the waste rock characterization program will be integrated with feedback from early engagement activities and the project scope outlined in the Updated PEA to inform development of the Technical Proposal. The Technical Proposal is the first step in the provincial environmental assessment process and will be used as a basis for initiation of regulatory engagement with the Saskatchewan Ministry of Environment in Q1 of 2026. This work will build upon the Provincially-approved 2008 Environmental Impact Statement for a 5,000 tpd open-pit operation. Community engagement will continue in 2026 to strengthen relationships and continue meaningful dialogue on the project with the public and local Indigenous Nations, including rights holders.

The technical progress achieved at Goldfields in 2025, and the fully funded program planned for 2026, reinforce the Company’s strategy of disciplined, cycle-aware advancement of a high-quality gold asset in a top-tier jurisdiction.

Technical Report & Qualified Person

Details for the Updated PEA for Goldfields are provided in the technical report titled ‘Goldfields Project Updated NI 43-101 Technical Report & Preliminary Economic Assessment, Saskatchewan, Canada‘, dated October 20, 2025, prepared by Kevin Murray, P.Eng.; Scott C. Elfen, P.E.; James Millard, P.Geo.; Jonathan Cooper, P.Eng.; Marc Schulte, P.Eng.; Cliff Revering, P.Eng.; and Ron Uken, Pr.Sci.Nat. for Fortune Bay Corp. The technical report is available under the Company’s issuer profile on SEDAR+ (www.sedarplus.ca) and on the Company’s website at www.fortunebaycorp.com.

The technical and scientific information in this news release has been reviewed and approved by Gareth Garlick P.Geo., Vice-President Technical Services of the Company, who is a Qualified Person as defined by NI 43-101. Mr. Garlick is an employee of Fortune Bay and is not independent of the Company under NI 43‑101.

About Fortune Bay

Fortune Bay Corp. (TSXV:FOR,OTC:FTBYF; FWB:5QN; OTCQB:FTBYF) is a Canadian mineral exploration and development company with assets in Canada and Mexico. The Company’s primary focus is advancing the Goldfields Gold Project in Saskatchewan, Canada. Fortune Bay also holds the Poma Rosa Gold-Copper Project in Chiapas, Mexico, as well as an optioned uranium project portfolio in the Athabasca Basin of Saskatchewan. Fortune Bay continues to evaluate and advance its portfolio in a disciplined manner while maintaining a strong technical foundation and prudent capital management. For more information, please visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.

On behalf of Fortune Bay Corp.

‘Dale Verran’
Chief Executive Officer
902-334-1919

Cautionary Statement

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements, and include, but are not limited to, statements with respect to: the results of the Updated PEA, including future Project opportunities, future operating and capital costs, closure costs, AISC, the projected NPV, IRR, timelines, permit timelines, and the ability to obtain the requisite permits, economics and associated returns of the Project, the technical viability of the Project, the market and future price of and demand for gold, the environmental impact of the Project, and the ongoing ability to work cooperatively with stakeholders, including Indigenous Nations, local Municipalities and local levels of government. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward- looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate Indigenous Nations and local Municipalities, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.

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

SOURCE Fortune Bay Corp.

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Donald J. Trump was inaugurated for a second term as president exactly one year ago. It is safe to say the country, and the world, will never be the same. 

President Trump has engaged in energetic and bold governing and diplomacy, fulfilling campaign promises like boosting domestic energy production, while also seeking peace in turbulent parts of the world and attempting to follow through on long-term ambitions, like acquiring Greenland.

He has engaged with the press on a near-daily basis, boosted recruitment for our military, dismantled harmful left-wing shibboleths like DEI, convinced our NATO allies to spend more on their own defense, junked burdensome regulations that interfered with our country’s progress, challenged our woke universities, extracted and jailed alleged drug kingpin Nicolás Maduro, defended women’s sports, significantly derailed Iran’s nuclear program, overseen new health initiatives like ridding our food of artificial dyes, shrunk the ever-expanding federal bureaucracy, and pushed through a reconciliation bill that lowered taxes for middle-class Americans. It is an incredible boatload of accomplishments.

But Trump’s first year is most notable for closing the southern border that predecessor Joe Biden opened to millions of unvetted illegal immigrants, and for resetting U.S. trade relations through the introduction of tariffs. As he might boast, few imagined that these efforts would succeed; however, neither has been without controversy.

Today, President Trump is at a crossroads. He begins midterm campaigning with approval ratings that are underwater, according to polling aggregated by RealClearPolitics, even on his signature issues of immigration and the economy. He has, in particular, lost favor with independents and with some of the groups that helped him win in 2024, like young voters and Hispanics. 

Surveys suggest voters think the president is spending too much time on foreign affairs instead of working to reduce the cost of living. While he pursues peace between Ukraine and Russia, Americans want lower cereal prices and cheaper housing. 

President Trump is trying to do too many things at once. On the one hand, we applaud the energy and pace of this president, a welcome change from the inert Joe Biden. On the other hand, Americans want stability, not chaos.

President Trump is aggrieved that the country is not giving him high marks for booming economic growth, a declining fiscal deficit, new investments flowing into the U.S., a declining trade gap, rising middle-class wages, all-time high oil production and record stock prices. And, inflation is substantially lower than the decades-high 9.1% recorded during the Biden presidency.

Public perceptions about the economy will play a decisive role in the midterm elections. Given today’s subdued consumer sentiment, President Trump faces the very real prospect that Republicans will lose their slim control of the House and maybe even their advantage in the Senate. He has warned more than once that should Democrats take over, they will almost certainly move to impeach him; he may well be right. 

Faced with that threat, and seemingly rattled by Democrats’ new ‘affordability’ pitch, Trump has unleashed a barrage of new policies meant to address the cost of living, some of which appear half-baked. He has proposed capping interest rates on credit cards at 10% and has strategized about that controversial notion with progressive Sen. Elizabeth Warren, D-Mass., a development giving most Republicans hives. In addition, he has launched an attack on corporate-owned housing, which he claims has driven up rents. The number of homes bought up by businesses in recent years is small, and not likely to be a major source of rent inflation.

The frustrated president is also lashing out at adversaries, threatening to sue JPMorgan CEO Jamie Dimon for ‘debanking’ him in 2021 and waging war against Federal Reserve Chair Jay Powell, for instance. 

Trump blames the Fed chair for keeping interest rates too high, which in turn drives up the cost of living. The Justice Department’s investigation into whether the Fed Chair lied to Congress about the costly renovation of the Fed’s headquarters was a foolish miscalculation; it has backfired as Powell has dug in and caused the Senate to balk at confirming his successor.

Trump has also recently rolled out ‘The Great Healthcare Plan,’ which would make payments directly to households to cover health expenses rather than send federal subsidies to insurers on consumers’ behalf. This proposal comes as Congress continues to debate extending enhanced premium subsidies on Obamacare; the lapsing of payments augmented during COVID-19 will raise some peoples’ insurance costs significantly. For not being ready with a solution to this dilemma, which was anticipated for more than a year, voters should blame Republicans in Congress, not President Trump. Nonetheless, attempting to reconfigure our dysfunctional healthcare system, nearly one fifth of our economy, should not be done on the fly.

Most recently, Trump has again threatened to slap onerous tariffs on European Union countries unless Denmark agrees to sell Greenland. This is a mistake, as it undermines the president’s constructive use of tariffs, indicates our partners cannot trust hard-fought trade agreements, and again plunges America’s commitment to NATO into uncertainty.

President Trump is trying to do too many things at once. On the one hand, we applaud the energy and pace of this president, a welcome change from the inert Joe Biden. On the other hand, Americans want stability, not chaos.

They especially don’t want chaos on the streets of Minneapolis, with ICE agents under attack. They also don’t want chaos in our dealings with foreign nations. And, they don’t want chaos in our economy, with tariffs being raised and lowered according to the latest push from the Oval Office and with major proposals being spun out almost daily.

The president has accomplished a great deal in his first year in office. He needs to build on the wins, and remind voters why they elected him. That begins with deescalating some of his confrontations and restoring confidence through steady leadership. It continues with hitting the campaign trail, talking to the American people, and bringing them back on board.

President Trump’s agenda is not complete; let us hope he reboots and wins for three more years to continue making America great again.   

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~  Global Production Expansion Strengthens Hydrogen and Alternative Fuel System Manufacturing Capacity  ~

Westport Fuel Systems Inc. (‘Westport’) (TSX:WPRT Nasdaq: WPRT), a supplier of alternative fuel systems and components for the global transportation industry, announces the commencement of production at its expanded product development and manufacturing facility in Cambridge, Ontario and its new China Hydrogen Innovation Center and Manufacturing facility in Changzhou, China. Both facilities will support the development of Westport’s GFI-branded fuel system components by advancing Westport’s global hydrogen, CNG and RNG strategies and enabling local manufacturing capacity in China, a market widely cited as the largest in the world for hydrogen commercial vehicle deployment, with Chinese sales of hydrogen buses and trucks exceeding those of all other regions combined in 2024. Initial products were shipped to customers in December 2025, with both facilities continuing to ramp up capacity through the first quarter of 2026.

GFI: Leading Clean Energy Innovation
Westport’s High-Pressure Controls and Systems business (the ‘High-Pressure Business’), with its GFI products, is at the forefront of the clean energy revolution, designing, developing, and producing high-demand components for transportation and industrial applications. The High-Pressure Business specializes in designing and manufacturing safety-critical, high-pressure control components for hydrogen and alternative fuel systems, serving a variety of transportation and industrial markets. Westport’s High-Pressure Business supports automotive, truck, bus, and industrial original equipment manufacturers with GFI precision-engineered regulators, valves, and pressure relief devices for real-world duty cycles. For more information, please visit www.gficontrolsystems.com.

Global Presence and Strategic Expansion
‘Westport’s GFI-branded hydrogen fuel system components have been active globally and especially in China for over a decade, serving both fuel cell and internal combustion engine applications,’ said Dan Sceli, CEO of Westport. ‘These new and expanded facilities align with our growth strategy, enhance our capacity to meet rising global demand for natural gas and hydrogen advanced fuel technologies, and reinforce our regional manufacturing excellence to better service customers adopting high-pressure alternative fuels as a key low-emission transport solution.’     

Westport’s manufacturing expansion in China capitalizes on the nation’s prominent position in hydrogen investment and infrastructure development. The newly established facility is purpose-built to serve Westport’s existing and expanding customer base, providing essential hydrogen components for a range of applications, including commercial vehicles, buses, trains, marine, material handling, and stationary power generation. According to Driving Hydrogen, China is now the world’s largest hydrogen transportation market, achieving close to 50% of global sales in the first half of 2025 primarily due to its focus on commercial hydrogen fleets.

The China facility complements our expanded Cambridge, Ontario site for high-pressure controls. This supports Westport’s North American Innovation Hub and engineering work, improving GFI’s responsiveness and logistics.

About Westport 
Westport is a technology and innovation company connecting synergistic technologies to power a cleaner tomorrow. As a leading supplier of affordable, alternative fuel, low-emissions transportation technologies, we design, manufacture, and supply advanced components and systems that enable the transition from traditional fuels to cleaner energy solutions.

Our proven technologies support a wide range of clean fuels – including natural gas, renewable natural gas, and hydrogen – empowering OEMs and commercial transportation industries to meet performance demands, regulatory requirements, and climate targets in a cost-effective way. With decades of expertise and a commitment to engineering excellence, Westport is helping our partners achieve sustainability goals—without compromising performance or cost-efficiency – making clean, scalable transport solutions a reality.

Westport is headquartered in Vancouver, Canada. For more information, visit Westport.com.

Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the commencement and ramp-up of production at Westport’s new and expanded facilities, expected manufacturing capacity, anticipated customer demand, the growth of the hydrogen and alternative fuel markets, the strategic benefits of Westport’s global expansion, and the ability of Westport’s technologies and facilities to support future commercial deployments. These forward-looking statements are based on assumptions, expectations, estimates, forecasts, and projections that, while considered reasonable by Westport management at the date of this release, are subject to a number of risks and uncertainties.

Factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements include, among others, supply chain constraints, delays in facility ramp-up, operational challenges, customer adoption rates, regulatory developments, competitive pressures, economic conditions, and other risk factors detailed from time to time in Westport’s public disclosure filing with applicable securities regulators. Readers are cautioned not to place undue reliance on any forward-looking statements. Westport undertakes no obligation to update these forward-looking statements except as required by National Instrument 51-102.

Contact Information

Investor Relations
Westport 
T: +1 604-718-2046

News Provided by GlobeNewswire via QuoteMedia

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President Donald Trump is weighing whether to pull the trigger and launch strikes against Iran — a move that could potentially expose the weaknesses of both Russia and China, according to experts. 

While Russia and China have sought to make inroads in areas of Africa and Latin America — presenting themselves as partners for infrastructure and military equipment — neither Russia nor China intervened to defend their ally Venezuela when the U.S. took action Jan. 3 to topple dictator Nicolás Maduro’s regime. 

Potential strikes in Iran, coupled with the strikes in Venezuela to overthrow Maduro, would drive home just how formidable the U.S. is and even near-peer adversaries like Beijing can’t compete, according to experts. 

‘Beijing would likely respond with familiar condemnations and calls for restraint, but the deeper takeaway would be uncomfortable: China’s partnerships offer little protection when the United States decides to act,’ Craig Singleton, a senior China fellow for the Foundation for Defense of Democracies, said in a statement Wednesday. ‘Venezuela made that clear regionally; Iran would underscore it globally. Chinese officials will brand Washington reckless or rogue, but privately this episode would validate long-standing Chinese views about how power is actually exercised and that the U.S. is the only country willing and able to project force across multiple theaters on short notice.’

‘Two complex military operations in two regions just two weeks apart would reinforce a core assessment inside China’s system: America’s military might remains unmatched, and Washington is willing to use it when it judges the risks manageable,’ Singleton said. ‘That combination commands professional respect even as it sharpens Chinese unease.’ 

Mark Cancian, a senior advisor with the Center for Strategic and International Studies’ defense and security department, voiced similar sentiments and said that countries like Iran and Venezuela who’ve cozied up to Russia and Beijing are likely realizing the pitfalls of those ties. 

For example, Venezuela has had long-standing ties to Russia and has purchased Russian military equipment — yet Russia was not there to safeguard Caracas from U.S. strikes or prevent the U.S. from capturing Maduro, Cancian said. Another military strike in Iran would only expose Russia and China’s limitations further, Cancian said.

‘I think many countries are seeing that Russia and China can’t protect them, that those alliances have severe limitations,’ Cancian told Fox News Digital Friday. 

‘I think that a strike on Iran would make the same point,’ Cancian said. 

According to Cancian, the reason Moscow and Beijing can’t defend their allies and partners is because neither maintains a global military like the U.S. does. 

‘The United States does maintain United bases all over the world,’ Cancian said. ‘It has a Navy that deploys all over the world. The Chinese don’t have that. The Russians don’t have that. So although they have powerful militaries, they don’t have the global capability to protect allies and partners.’

Meanwhile, Trump is still weighing whether he’ll conduct strikes on Iran again. The president told reporters Jan. 11 on Air Force One that the administration was ‘looking at some very strong options,’ and Tuesday said that all meetings with the Iranian regime were scrapped until ‘the senseless killing of protesters STOPS.’ He said that those who’ve killed anti-regime demonstrators will face consequences. 

On Wednesday, Trump told reporters that even though ‘killing in Iran is stopping,’ he wouldn’t rule out military action and that the U.S. would ‘watch and see’ what happens. Meanwhile, Trump said Friday that he had held off on strikes for now because Iran had canceled executions for more than 800 people.

Protests broke out across Iran in December 2025 in response to economic hardships facing the country, as well as a referendum against Iran’s theocratic regime. 

More than 2,000 people — including at least nine children — have died in the recent protests, the U.S.-based Human Rights Activists News Agency reported Tuesday. 

Trump authorized several major military operations in recent months, on top of the strikes in Venezuela. For example, he also signed off on strikes in Nigeria and Syria in December targeting those affiliated with the Islamic State.

This also wouldn’t be the first time Trump has conducted strikes against Iran — should he choose to go through with them. In June, he signed off on strikes targeting Iran’s nuclear sites Fordow, Natanz and Isfahan.

The Associated Press contributed to this report. 

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Iran’s supreme leader has publicly acknowledged for the first time that thousands of people were killed during recent anti-government protests, according to reporting from the BBC, as President Donald Trump escalated his rhetoric and called for new leadership in Iran.

Ayatollah Ali Khamenei made the remarks during a public address Saturday, blaming the U.S. for the unrest and violence and saying some protesters died ‘in an inhuman, savage manner,’ the BBC reported.

The protests, which began in late December over economic conditions, later expanded into calls for an end to Iran’s ruling system. 

U.S.-based Iranian Human Rights Activists News Agency estimates that more than 3,000 people were killed over roughly three weeks of unrest, though Iranian authorities have not released an official death toll.

According to the BBC, nationwide internet shutdowns have made independent verification difficult, with connectivity dropping to roughly 2% of normal levels, citing data from cyber monitoring group NetBlocks.

Videos authenticated by BBC Persian and BBC Verify show Iranian security forces firing on demonstrators during the unrest.

Trump told Politico on Saturday that ‘it’s time to look for new leadership in Iran,’ after being read a series of hostile posts from Khamenei’s X account accusing the president of responsibility for the violence.

‘What he is guilty of, as the leader of a country, is the complete destruction of the country and the use of violence at levels never seen before,’ Trump said, according to Politico. ‘Leadership is about respect, not fear and death.’

Trump went further in personal terms, telling Politico, ‘The man is a sick man who should run his country properly and stop killing people.’

‘His country is the worst place to live anywhere in the world because of poor leadership,’ Trump added.

Trump has previously urged Iranians to continue protesting and ‘take over institutions,’ saying that ‘help is on its way,’ according to Politico. The president later said he had been informed that the killings had stopped.

‘The best decision he ever made was not hanging more than 800 people two days ago,’ Trump told Politico, when asked about the scope of potential U.S. military action.

In a series of posts on X posts, Khamenei accused Trump of responsibility for the violence, writing, ‘We find the US President guilty due to the casualties, damages and slander he inflicted upon the Iranian nation.’

In another post, Khamenei claimed that ‘America’s goal is to devour Iran.’

Trump has said in recent days he was looking at ‘very strong options’ including possible military involvement.

The State Department did not immediately respond to Fox News Digital’s request for comment.

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Gold and silver are wrapping up yet another record-setting week that’s seen economic uncertainty and geopolitical tensions combine to push prices upward.

The yellow metal moved decisively through US$4,600 per ounce on Monday (January 12), trading above that level for a decent amount of the week.

For its part, silver reached what’s perhaps an even more impressive price milestone, surging past US$90 per ounce and breaking US$93 on Wednesday (January 14).

At this point, there’s a very long list of factors providing support for the precious metals, and we don’t have time to touch on all of them today. Instead let’s take a look at a few that have been making headlines over the past week or so and break them down.

First, there’s the latest news in the clash between US President Donald Trump and Federal Reserve Chair Jerome Powell. On Sunday (January 11), Powell said that two days earlier, the Department of Justice had served the Fed with grand jury subpoenas threatening a criminal indictment.

I had the chance to speak with Mario Innecco, who runs the @maneco64 channel on YouTube, not long after Powell’s statement — here’s how he summed it up:

‘They’ve subpoenaed documents, and it’s supposed to be related to the renovation of the Fed’s headquarters in Washington, DC. But Jay Powell came out and said it’s not, it’s basically because they want him to cut rates.

‘And he’s probably right. I think they’re using any kind of, let’s say tricks, to try to get rid of him, because I think the administration, even though they talk about how the economy is doing so great, they are desperate.’

Trump himself has said he had no knowledge of the investigation, and has also asserted that he’s not interested in firing Powell, whose term as Fed chair wraps up in May.

Nevertheless, the situation has reignited concerns about Fed independence, and has provided support for gold and silver, which tend to fare better when rates are lower. The next Fed chair, who has not yet been appointed, is widely expected to fall in line with Trump.

In addition to that, geopolitical tensions have remained high. Venezuela is still in the spotlight after its former president was removed by the US last week, and this week Trump warned that the US would intervene in Iran if its executions of anti-government protesters did not stop.

Iran responded by saying it would strike US bases if that happened.

Those events and others are boosting safe-haven demand for gold, as well as silver, but I want to hone in on a couple more points on the silver side that I think are worth looking at.

One of those is the news that the US plans to hold off on new critical minerals tariffs after receiving the results of a Section 232 investigation launched last year.

While a presidential proclamation states that imports of processed critical minerals and their derivative products do constitute a national security risk for the US, the country will first take steps such as negotiating supply agreements with other nations.

Silver was recently designated a critical mineral in the US, and some market watchers believe this news out of the US was responsible for a midweek price dip for the white metal. However, others continue to highlight silver’s deeper underlying drivers.

I heard recently from Andy Schectman of Miles Franklin, who emphasized that a key element supporting silver right now is the fact that more and more entities are standing for physical delivery.

Here’s how he explained what he’s seeing:

‘For years I’ve been saying … that the most well-informed, well-funded traders — and I’ll highlight well informed, that being the central banks — have been standing for delivery since 2020. Very unusual, because really no one ever stood for delivery. And this started to accelerate. But all along, the US was not part of this game. We were seeing it in the Global South with the BRICs. And now all of a sudden we are seeing the most well-informed traders in North America stand for delivery in massive amounts.’

Gold ended the week just below US$4,600, while silver was slightly above US$90.

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

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In an exclusive interview with Fox News Digital, U.S. ambassador to NATO Matthew Whitaker pushed back against growing European backlash over Washington’s focus on Greenland after France announced new military exercises with Denmark, saying Arctic security is a core American defense interest and that Europe ‘has a tendency to overreact.’

Asked whether the dispute reflects American pressure or European inaction, Whitaker said, ‘This is ultimately an issue between the United States, Denmark and Greenland.’

Whitaker said Greenland’s importance has been clear for years as the ice melts, it reshapes the Arctic and opens new routes. ‘The security of the high north, which I’ve talked about a lot before this ever happened, is the most important issue,’ he said. ‘As the ice thaws and as routes open up in the Arctic, Arctic security, and therefore the security of Greenland, which is the northern flank of the continental United States, is crucial.’

He stressed that Greenland’s location makes it central to U.S. defense planning. ‘If you think about Greenland as part of the access to the naval assets, that monitoring and awareness and fortification of that part of the Western Hemisphere is crucial for the long-term security of the United States,’ Whitaker said.

Whitaker said recent diplomacy shows the issue can be addressed without escalation. ‘I know that a very successful meeting happened between the Danes and Greenland and Vice President Vance and Secretary of State Rubio, so I think it’s going to be constructive,’ he said.

Still, he cautioned European allies against inflaming tensions. ‘Europe sometimes has a tendency to overreact anytime that an issue is put out on the table,’ Whitaker said. ‘This is one of those things where cooler heads need to prevail.’

US COMMANDER SAYS RUSSIA AND CHINA’S ARCTIC PATROLS ARE ‘NOT FOR PEACEFUL PURPOSES’

NATO, deterrence and the ‘Reagan spirit’

Speaking from the Ronald Reagan Presidential Library, Whitaker used Reagan’s ‘peace through strength’ doctrine as justification for pushing NATO allies to spend more and move faster.

‘The most important thing that we’re doing at NATO is, one, the United States is strong. Nobody denies that. We have demonstrated through Midnight Hammer, through what we did in Venezuela and elsewhere, that the United States is capable and can project power. We want all of our allies inside of NATO to be equally as strong, and they’re not at this point in time,’ he said.

He added, ‘Some of them have certainly become more capable, and that’s why you can’t just paint with a broad brush when it comes to all of our NATO allies. But there are some that are not.’

‘Europe and the EU are going to have to untie their hands from behind their back,’ he continued. ‘They’re going to have to deregulate, they are going to have to find more capital and economic growth, because at the end of the day, that’s what’s going to allow them to live up to the promises they’ve made to increase their defense spending and therefore their defense capabilities.’

He said, ‘One of the things that I’m talking about constantly with our friends downtown in the EU,’ Whitaker added, ‘is that they have to get their economy going, and there are proven, tried-and-true ways to do it.’

Whitaker said his top priority is ensuring NATO allies follow through on the major defense commitments agreed to last year in The Hague.

‘This is number one on my list right now,’ he said, ‘making sure that the political commitments we made in The Hague turn into real military capabilities at NATO.’

He said proximity to Russia has shaped how seriously countries take the threat.

‘You look at the Baltic countries like Latvia, Lithuania and Estonia, and you look at the Nordic countries… they’re very aware of the threats that Russia [poses],’ Whitaker said, citing Russia’s 2014 annexation of Crimea and its 2022 invasion of Ukraine.

Poland, he added, stands out. ‘Poland is clear-eyed,’ Whitaker said. ‘They’re gonna spend over 5% on core defense in the coming year or two.’

Others, he said, are still lagging. ‘I keep a dashboard, a one-page dashboard on my desk that is updated regularly,’ Whitaker said. ‘It’s too soon to tell.’ ‘It has to be on capabilities,’ he said. ‘It has to make them stronger, ready to fight tonight.’

‘President Trump announced a $1.5 trillion defense budget,’ Whitaker said. ‘We’ve demonstrated our capabilities that nobody else can match right now.’

‘I’m here at the Reagan Library, and it reminds me, Ronald Reagan really was able to put those policies in place to spur growth,’ Whitaker said. ‘President Trump certainly has followed that same tradition, to unleash the American entrepreneur, unleash American innovation, and get out of the way, get the regulations out of the way so that American companies can grow and prosper.’

As NATO moves forward, Whitaker said pressure on allies will remain. ‘We’re asking our European and Canadian allies to do more,’ he said. ‘So far, so good.’

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