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Missed Disney’s Rally? Grab This Defined-Risk Put Spread for a Second Chance

Stock 4 Mins Read

Stocks keep notching record highs. If you’re like most investors, you’re probably wondering, “Should I really chase these prices or sit tight and wait for a pullback?”

Instead of overthinking and ending up in Analysis-Paralysis land, however, it may be worth exploring other avenues — and maybe even something you’ve never thought of.

Enter bearish counter-trend options strategies. Yup, it sounds crazy, especially when the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) closed at fresh highs. But here’s the reality: a well-planned put strategy has the potential to generate some revenue while you wait for the market to slow down or pull back. I got the idea after watching a recent video that dives into these strategies (worth watching if you haven’t).

Finding an Optimal Options Strategy

If you click the OptionsPlay Strategy Center tab on your StockCharts Dashboard (OptionsPlay Add-On for StockCharts required), choose the Bearish Counter Trend or Bullish Counter Trend categories (depending on whether the market is bullish or bearish), and then select the Bear Put Spread strategy, you’ll see all the stocks that meet the criteria. Since stocks are in a bullish trajectory, I decided to look at stocks in the Bearish Counter Trend list. I also chose the 45-day timeframe, a balanced risk profile, and $2,500 max risk. I sorted the list based on IV rank. Walt Disney Co. (DIS) made it to the top of the list.

A couple of points to consider:

  • A risk/reward ratio of 0.6 to 1
  • Disney’s earnings date of August 6, which falls before the spread expires.

However, looking through the other charts on the list, DIS appeared to be the most likely to pull back in the near term.

Here’s where the beauty of options comes into play. They’re extremely flexible, and you can tweak the strategies to give you a risk/reward that’s more desirable.

With that in mind, let’s dive into Disney’s stock chart and consider how low the stock could go.

Disney’s Daily Chart

Looking at the daily chart of DIS, the stock price has pulled back a bit, and momentum, although relatively high as indicated by the relative strength index (RSI) and percentage price oscillator (PPO), is showing signs of slowing down. If momentum continues to weaken, DIS could move lower and fall to around the $120 level (dashed blue horizontal line).

FIGURE 1. DAILY CHART OF DISNEY STOCK. DIS has been rising after its early May gap up. It’s now pulling back, and Disney’s stock price closed today at $122.98.Chart source: StockCharts.com. For educational purposes.

The Put Spread Can Bring a Little Magic

If you click the Options tab below the chart, you’ll see three strategies you could apply. Since I have a bearish bias, I clicked the Bearish button. The three optimized strategies that came up:

  •  Sell 100 shares of DIS.
  • Buy one DIS put.
  • Buy a put vertical. The put vertical has the highest OptionsPlay score and is the one that aligns with the bearish counter-trend strategy.

Looking at the risk curve for the put spread — buying 1 Aug 15 125 put and selling 1 Aug 15 110 put (see below) — you’re risking $471 for a potential reward of $1029. This is slightly better than a 0.6 to 1 risk/reward ratio. The breakeven level is $120.29, which aligns with the support level on the price chart. At least there’s a high probability of breaking even, although you want to do better than that. DIS could fall below the $120 level. I would consider placing this trade.

FIGURE 2: RISK CURVES FOR THREE OPTIMAL STRATEGIES FOR TRADING DIS STOCK. The put vertical spread has the best score, defined-risk, and an attractive payoff.Chart source: StockCharts.com. For educational purposes.

Final Thoughts

Options are dynamic, and if you decide to put on the trade, monitor your open positions regularly. With options, it’s not just about price. Time decay and volatility can change the premiums. If these variables change significantly, consider adjusting your trade.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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Investing

Crypto Market Recap: Coinbase Acquires Liquifi, Tether to Have its Day in Court

Investing 6 Mins Read

Here’s a quick recap of the crypto landscape for Wednesday (July 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) is priced at US$109,452, up by four percent in the last 24 hours, and its highest valuation of the day. The day’s range for the cryptocurrency brought a low of US$107,542.

Bitcoin price performance, July 2, 2025.

Chart via TradingView.

Bitcoin’s price gain was driven by a calming in Middle East tensions and growing optimism after the US Federal Reserve signaled a dovish tilt; both factors boosted investor risk appetite. Additionally, continued inflows into US spot Bitcoin exchange-traded funds (ETFs) and favorable regulation expectations helped sustain upward momentum.

Ethereum (ETH) is priced at US$2,584.30, up by 7.5 percent over the past 24 hours and its highest valuation of the day. Its lowest valuation on Wednesday was US$2,446.41.

Altcoin price update

  • Solana (SOL) was priced at US$152.55, up by five percent over 24 hours. Its highest valuation as of Wednesday was US$153.39, and its lowest was US$148.29.
  • XRP was trading for US$2.18, up by 4.9 percent in 24 hours. The cryptocurrency’s lowest valuation was US$2.15 and its highest was US$2.27.
  • Sui (SUI) is trading at US$2.92, showing an increaseof 9.3 percent over the past 24 hours and its highest valuation on Wednesday. Its lowest valuation was US$2.76.
  • Cardano (ADA) is priced at US$0.5932, up by 10.6 percent in the last 24 hours, and its highest valuation of the day. Its lowest valuation as of Wednesday was US$0.5605.

Today’s crypto news to know

Judge permits billion-dollar lawsuit against Tether

A US bankruptcy judge is allowing a US$40 billion lawsuit against stablecoin issuer Tether to proceed, according to court documents filed in New York on Monday (June 30). The lawsuit was launched by crypto lender Celsius, which accused Tether of improperly liquidating nearly 40,000 Bitcoin from its platform in June 2022.

Tether attempted to dismiss claims, arguing that the liquidation was to cover Celsius’s US$812 million debt when Bitcoin prices plummeted. Tether also claimed that US courts lacked authority over Tether’s non-US operations, a claim the judge disagreed with, and maintains that Celsius had directed the liquidation.

Coinbase buys Liquifi in undisclosed deal

Coinbase has acquired Liquifi, a startup that builds token management platforms for crypto projects, continuing its busy M&A streak in 2025. Liquifi, backed in its 2022 seed round by Dragonfly and investors like Balaji Srinivasan, helps projects track token vesting, manage crypto cap tables, and handle tax requirements. Coinbase declined to disclose the purchase price, but said Liquifi will help streamline token launches and distribution. This puts Coinbase closer to an “end-to-end” model, similar to Binance’s launchpad, which supports crypto creation from early stages.

Liquifi has been locked in a legal fight with competitor Toku over alleged business document theft, claims which it denies, and Coinbase said it will stand by Liquifi’s defense.

The deal follows other Coinbase acquisitions this year, including Spindl, Iron Fish’s team and the company’s record-breaking US$2.9 billion Deribit buy.

SEC considers streamlining ETF listings

The US Securities and Exchange Commission is reportedly considering a change to its listing structure that would allow ETF issuers to submit a Form S-1, the initial listing registration filing, without having to first file a Form 19b-4.

This is according to crypto journalist Eleanor Terrett, who added that she was told issuers would only need to wait 75 days before listing their tokens if they met the criteria for a general listing standard, the details of which are still unknown but could involve criteria like market capitalization, liquidity and trading volume.

Tech billionaires launch crypto-focused bank Erebor

A group of prominent tech investors, including Anduril’s Palmer Luckey, Peter Thiel’s Founders Fund and Palantir co-founder Joe Lonsdale, are backing a new US-based crypto bank called Erebor, as per the Financial Times.

Erebor has applied for a national banking charter and plans to serve technology-driven sectors like artificial intelligence, defense and crypto, as well as individuals working in these fields.

The digital-only bank will be headquartered in Columbus, Ohio, with an additional office in New York.

Erebor intends to hold stablecoins on its balance sheet, offering a stable value backed by reserves. The bank is led by Owen Rapaport and Jacob Hirshman, a former Circle adviser.

Erebor’s mission is to address the gap left by the collapse of Silicon Valley Bank, which had been a critical channel for startups and venture investors until its 2023 failure.

AllUnity to launch Euro stablecoin

Germany’s financial watchdog, BaFin, has granted regulatory approval to Deutsche Bank and its asset management arm, DWS, for their joint venture, AllUnity. They will launch a euro stablecoin called EURAU, pegged 1:1 to the euro.

The approval allows AllUnity to launch its stablecoin in compliance with new MiCA regulations. The stablecoin aims to facilitate secure, transparent and compliant digital payments for institutions and businesses across Europe.

In other news out of Europe, the European Central Bank said it plans to test a new system using blockchain technology by late 2026 to settle payments in euros. This initiative, called Pontes, is part of a two-track approach that will connect modern blockchain platforms with the eurozone’s existing payment systems.

China considers stablecoins to reinforce cross-border payment strategy

Policy advisors in China are pressing Beijing to explore stablecoins for cross-border payments, even as the country’s broad crypto ban remains in place, Bloomberg reported.

People’s Bank of China (PBOC) Governor Pan Gongsheng noted that stablecoins could make international finance more resilient to geopolitical disruptions, a view echoed by other senior officials.

Former PBOC governor Zhou Xiaochuan suggested dollar-linked stablecoins might even accelerate dollarization, while others see a case for yuan-backed coins to support China’s long-term currency goals.

The momentum comes after the US Senate passed a stablecoin bill in June, advancing President Donald Trump’s digital currency agenda. Stablecoin supply is projected to reach US$3.7 trillion by 2030, driven by cheaper, faster settlement options compared to traditional banking.

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.

This post appeared first on investingnews.com

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Investing

Robinhood Shares Hit Record High on EU Launch of Tokenized US Stocks

Investing 3 Mins Read

Robinhood Markets (NASDAQ:HOOD) rolled out a bold new push into tokenized equities on Monday (June 30), announcing the launch of commission-free stock tokens for EU customers.

The Menlo Park-based brokerage said the tokens will trade 24 hours a day, five days a week, via a partnership with blockchain firm Arbitrum. Robinhood also revealed plans to expand the service to “thousands” of stock tokens by the end of the year and to eventually develop its own blockchain to enable full 24/7 trading.

Robinhood surged nearly 13 percent to an all-time high of US$93.63 on Monday after the announcement.

“Tokenization is going to open the door to a massive trading revolution,” Robinhood CEO Vlad Tenev said at the company’s keynote event, held in Cannes, France.

In a significant first, Robinhood also introduced tokenized shares linked to private companies — specifically Sam Altman’s OpenAI and Elon Musk’s SpaceX — which will be made available exclusively to EU customers.

To mark the launch, Robinhood is offering 5 euros worth of OpenAI and SpaceX stock tokens to every eligible EU user who joins the platform by July 7. Altogether, the company has earmarked US$1 million worth of OpenAI tokens and US$500,000 worth of SpaceX tokens for the incentive program.

Johann Kerbrat, Robinhood’s general manager and senior vice president of crypto, said the move reflects a desire to break open traditionally exclusive investment opportunities.

“We wanted to make sure we were giving access,” he said in Cannes.

“What we discussed on stage was how to address the inequality between people who have historically had access to these kinds of companies and everyone else. That’s the really exciting part: Now everyone will be able to get it.”

He added: “The goal with tokenization is to let anyone participate in this economy.”

Access to private equity has historically been limited to institutional or ultra-wealthy investors, but the EU’s more flexible regulatory environment allowed Robinhood to move quickly.

The tokenized shares will be distributed directly into users’ Robinhood custody wallets and support dividend payments, the company said, promising the same ownership and rights as traditional shares.

Robinhood’s effort reflects growing enthusiasm around so-called tokenized equities, which merge the advantages of traditional finance with blockchain-powered flexibility and low costs.

The model allows round-the-clock trading, fractional ownership, and lower barriers to entry.

Still, regulatory uncertainties cloud the future of tokenized equities, especially in the United States, where definitions around securities and investor protection rules remain unresolved.

Robinhood execs made clear that US customers should not expect to see similar private equity tokens anytime soon. The company is lobbying for more open frameworks to let retail US users participate in private equity markets.

For now, Robinhood will continue rolling out tokenized assets in the EU and expand to other jurisdictions as rules evolve.

Robinhood also announced crypto perpetual futures for its EU users, as well as the launch of crypto staking for US customers.

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

This post appeared first on investingnews.com

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Business

Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

Business 3 Mins Read

Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap, according to a lawsuit filed in California last week.

In the June 24 court filing, Apple accuses Di Liu, a senior design engineer, of downloading thousands of documents in his final days at the Cupertino company last year and saving them to his personal cloud accounts.

This lawsuit is the latest example of Apple publicly going after a former employee for leaking internal information. Apple is an intensely secretive company, and lawsuits like this one highlight how the iPhone maker exercises tight control over its internal information, even if it has to pursue legal action against former staff.

Apple alleges that Liu didn’t inform the company when he resigned late last year that he was headed to Snap, a competitor and maker of smart glasses. As a result, Apple did not shut off his access to accounts and allowed him a customary two-week transition period, which he used to download company files, according to the lawsuit.

“Worse still, the review of Mr. Liu’s Apple-issued work laptop also shows that while maintaining access to Apple’s Proprietary Information under false pretenses, he used his Apple credentials to exfiltrate thousands of documents containing Proprietary Information from Apple’s secure file storage systems,” the iPhone maker’s lawyers said in the filing.

Many of the files downloaded by Liu had codenames for Apple projects and described the company’s technology, product design and supply chain, according to the lawsuit. Apple says that all employees agree to keep Apple files confidential and that Liu broke confidentiality agreements he made when he joined. Liu worked for Apple between 2017 and 2024, according to the lawsuit.

Liu worked on Apple’s Vision Pro headset as a system product design engineer, per the filing. Liu did not respond to a request for comment from CNBC.

Apple lawyers wrote that Liu could use the trade secrets in his work at Snap. Apple is not suing Snap, and the social media company did not respond to a request for comment.

“The overlap between Apple’s Proprietary Information that Mr. Liu retained and Snap’s AR products (for which Mr. Liu is a ‘product design engineer’) suggests that Mr. Liu intends to use Apple’s Proprietary Information at Snap,” according to the filing.

Apple is seeking damages and for Liu to have his devices inspected by a forensic examiner to make sure all the trade secrets are deleted.

The iPhone maker has sued several former employees in recent years for taking files when they left the company.

Apple settled with former engineer Simon Lancaster in 2022 over providing information to a journalist. Apple also sued a former employee, Andrew Aude, in 2024 over leaking details to the media. That lawsuit was dismissed after Aude apologized.

The Cupertino company sued Rivos, a chip startup staffed by former Apple semiconductor employees, over its intellectual property, and settled in 2024.

Additionally at least three former Apple employees have also been arrested and accused by the government of taking company secrets and giving them to China-linked organizations. One pled guilty and was sentenced to four months in prison, and two are still in proceedings.

This post appeared first on NBC NEWS

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Business

Microsoft laying off about 9,000 employees in latest round of cuts

Business 3 Mins Read

Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC.

The announcement comes on the second day of Microsoft’s 2026 fiscal year. Executives at the Redmond, Washington-based company typically unveil reorganizations at the time of the new fiscal year.

“We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” a Microsoft spokesperson said in an email.

Microsoft has held several rounds of layoffs already this calendar year. In January, it cut less than 1% of headcount based on performance. The 50-year-old software company slashed more than 6,000 jobs in May and then at least 300 more in June. As of June 2024 it employed 228,000 people. In 2023, it laid off 10,000.

Perhaps the largest culling of Microsoft workers came in 2014, when the company eliminated 18,000 after acquiring Nokia’s devices and services business.

As was the case with the May layoffs, Microsoft is looking to reduce the number of layers of managers that stand between individual contributors and top executives, said the person who asked not to be named while discussing internal matters.

“To position Gaming for enduring success and allow us to focus on strategic growth areas, we will end or decrease work in certain areas of the business and follow Microsoft’s lead in removing layers of management to increase agility and effectiveness,” Phil Spencer, Microsoft’s CEO of gaming, wrote in a Wednesday memo to employees in that division.

Microsoft reported nearly $26 billion in net income on $70 billion in revenue for the March quarter. The numbers were well ahead of Wall Street’s consensus, keeping Microsoft ranked as one of the most profitable companies in the S&P 500 index, according to data compiled by FactSet.

Executives called for about 14% year-over-year revenue growth in the June quarter, thanks to expected expansion in Azure cloud services and corporate productivity software subscriptions

Microsoft stock closed at a record high of $497.45 per share on June 26. At the start of Wednesday’s trading session, the shares were down about 0.6%, while the S&P 500 was roughly flat.

Autodesk, Chegg and CrowdStrike are among the other software providers that have slimmed down in 2025. Earlier on Wednesday, payroll processing company ADP said the U.S. private sector lost 33,000 jobs in June. Economists polled by Dow Jones had predicted an increase of 100,000.

This post appeared first on NBC NEWS

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Stock

S&P 500 Earnings for 2025 Q1 — Still Overvalued

Stock 3 Mins Read

S&P 500 earnings are in for 2025 Q1, and here is our valuation analysis.

The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued P/E of 15 (blue line), or an undervalued P/E of 10 (green line). Annotations on the right side of the chart show where the range is projected to be, based upon earnings estimates through 2026 Q1.

Historically, price has usually remained below the top of the normal value range (red line); however, since about 1998, it has not been uncommon for price to exceed normal overvalue levels, sometimes by a lot. The market has been mostly overvalued since 1992, and it has not been undervalued since 1984. We could say that this is the “new normal,” except that it isn’t normal by GAAP (Generally Accepted Accounting Principles) standards.

We use GAAP earnings as the basis for our analysis. The table below shows earnings projections through March 2026. Keep in mind that the P/E estimates are calculated based upon the S&P 500 close as of June 30, 2025. They will change daily depending on where the market goes from here. It is notable that the P/E remains outside the normal range.

The following table shows where the bands are projected be, based upon earnings estimates through 2026 Q1.

This DecisionPoint chart keeps track of S&P 500 fundamentals, P/E and yield, and it is updated daily — not that you need to watch it that closely, but it is up-to-date when you need it.

CONCLUSION: The market is still very overvalued and the P/E is still well above the normal range. Earnings have ticked up and are projected to trend higher for the next four quarters. High valuation applies negative pressure on the market, but other more positive factors can keep the market in overvalued territory.

(c) Copyright 2025 DecisionPoint.com

Technical Analysis is a windsock, not a crystal ball.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

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Stock

Top 10 July 2025 Stock Picks You Shouldn’t Miss

Stock 1 Min Read

Join Grayson for a solo show as he reveals his top 10 stock charts to watch this month. From breakout strategies to moving average setups, he walks through technical analysis techniques using relative strength, momentum, and trend-following indicators. As a viewer, you’ll also gain insight into key market trends and chart patterns that could directly impact your trading strategy. Whether you’re a short-term trader or a long-term investor, this breakdown will help you stay one step ahead.

This video originally premiered on July 1, 2025. Click on the above image to watch on our dedicated Grayson Roze page on StockCharts TV.

You can view previously recorded videos from Grayson at this link.

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Investing

Questcorp Mining Engages Marketing Consulting Firm Spark Newswire

Investing 4 Mins Read

Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce it has entered into a marketing consulting services agreement (the ‘Spark Agreement’ or the ‘MSA’) with Spark Newswire Inc. (‘Spark’) pursuant to which, among other things, Spark is to provide certain promotional services to the Company.

Spark are very selective in the clients they work with, only partnering with organizations that have a well-deserved reputation for quality and credibility and only working with one organization within a particular market sector at a time. Spark’s goal is to integrate with their client’s values and core brand narratives, becoming an extension of the overall corporate and capital markets team, assisting in building shareholder equity, brand equity and overall market awareness.

Spark, which operates out of Vancouver, British Columbia, provides consulting and capital market advisory services to public companies. Through Spark’s engagement, the Corporation hopes to increase investor engagement and create more awareness for the Corporation.

‘Questcorp Mining has demonstrated a clear commitment to responsible exploration and strategic growth, which aligns perfectly with Spark’s mandate to support high-integrity issuers with strong fundamentals. With Questcorp entering a pivotal phase, we’re excited to help share their story across the capital markets and unlock broader investor engagement,’ said Steve Hnatko, CMO at Spark Newswire.

Questcorp President & CEO, Saf Dhillon stated ‘I have had a number of conversations and have met with both the Founders of Spark Newswire, Chris and Steve Hnatko. While we have met approximately only about a year ago, I have seen them demonstrate that they are true to their values and the types of companies they work with really are a solid reflection of their work ethic and the values they hold.

Spark is an arms-length firm, operating out of Vancouver, British Columbia, which provides consulting and capital market advisory services to public companies. Through Spark’s engagement, the Company hopes to increase investor engagement and create more awareness. The engagement is expected to commence on July 1, 2025, for an initial twelve-month term at a rate of US$25,000 per month. The Company does not propose to issue any securities to Spark in consideration for the services to be provided to the Company. Spark can be contacted at 604-761-0543 or Suite 800, 885 West Georgia Street, Vancouver, British Columbia, V6C 3H1, Canada.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.
Saf Dhillon, Founding Director, President & CEO
Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to Riverside’s arrangements with geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257505

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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Investing

Sale Completion of Non-Core Irish Assets for CAD$ 2.5 million

Investing 8 Mins Read

Asset Portfolio Overview

International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the ‘Company’ or ‘ILC’) is pleased to announce that it has completed the sale of all its interest in the Avalonia Project in Ireland and in Blackstairs Lithium Ltd, the company that owns that project.

As announced on September 17, 2024, the Company’s interest in the Avalonia Project was sold then to GFL International Co., Limited (‘GFL’), a subsidiary of Ganfeng Lithium Group Co., Ltd. (‘Ganfeng’), for a consideration of CAD$ 2.2 million plus a 2% Net Smelter Royalty. The Company reports that it has now sold its shareholding in Blackstairs Lithium to GFL for an additional CAD$ 0.3 million. The final CAD$ 1.0 million of the consideration for the CAD$ 2.2 million Avalonia Project is payable by GFL in October 2025.

John Wisbey, Chairman and CEO of ILC, commented:

‘We are pleased to have completed the sale of our interest in the Avalonia Project to GFL who was our partner in Ireland. This divestment allows us to focus on our wholly owned or majority-owned projects in Canada and on progressing identified opportunities in Southern Africa. We have a strong 11-year relationship with Ganfeng, and we will welcome working with Ganfeng again on future projects when there is a mutual interest in doing so.’

About International Lithium Corp.

International Lithium Corp. has exploration activities in Ontario, Canada, with intentions to expand into Southern Africa. It has projects at various stages, ranging from Preliminary Economic Assessment at Raleigh Lake to Pre-Drilling at Wolf Ridge. The primary target metals in Canada are lithium, rubidium and copper. There are three projects (two in Ontario and now one in Ireland) in which ILC has sold its share but where we stand to receive future payments from either a resource milestone being achieved or from a Net Smelter Royalty.

While the world’s politicians are currently divided on the future of the energy market’s historic dependence on oil and gas and on ‘Net Zero’, there seems to be a clear and unstoppable momentum towards electric vehicles, solar power and electric battery storage, all of which contribute to rising demand for lithium. Rubidium is increasingly seen as a valuable critical metal that is strategic for high-precision clocks and for space technology. Copper has many historical uses, but demand is projected to be sharply higher as more data centres are required for AI. We have seen the clear and increasingly urgent wish by the USA, Canada, and other major economies to safeguard their supplies of critical metals and to become more self-sufficient. Our Canadian projects, which contain lithium, rubidium and copper, are strategic in that respect.

Our key mission for the next decade is to generate revenue for our shareholders from lithium and other battery metals, as well as rare metals, while also contributing to the creation of a greener, cleaner planet and less polluted cities.

This includes optimizing the value of our existing projects in Canada as well as finding, exploring and developing projects that have the potential to become world-class deposits. We have separately announced that we regard Southern Africa as a key strategic target market for ILC and that we have applied for and hope to receive EPOs in Zimbabwe. We hope to make further announcements on the portfolio developments over the next few weeks and months.

The Company’s interests in various projects now consist of the following, and in addition, the Company continues to seek other opportunities:

Name Metal Location Stage Area in 
Hectares		 Current
Ownership
Percentage		 Future Ownership % if options exercised and/or residual interest Operator or 
JV Partner
Raleigh
Lake		 Lithium
Rubidium		 Ontario Dec 2023: PEA
for Li completed
Apr 2023 Maiden
Resource Estimates for Li and Rb 		32,900 100% 100% ILC
Firesteel Copper
Cobalt		 Ontario Aeromagnetics
and Drilling 
started mid 2024		 6,600 90% 90% ILC
Wolf 
Ridge		 Lithium Ontario Pre-Drilling 5,700 0% 100% ILC
Mavis 
Lake		 Lithium Ontario May 2023
Maiden Resource Estimate		 2,600 0% 0%
(carries an extra earn-in payment of AUD$ 0.75 million if resource targets met)		 Critical 
Resources 
Ltd 
(ASX: CRR)
Avalonia Lithium Ireland Drilling 29,200 0% 0%
2.0% Net Smelter Royalty		 GFL Intl Co Ltd (owned by Ganfeng Lithium Group Co.Ltd)
Forgan/
Lucky Lakes		 Lithium Ontario Drilling 0% 0%
1.5% Net Smelter Royalty		 Power 
Minerals Ltd 
(ASX: PNN)

 

The Company’s primary strategic focus at this point is on the Raleigh Lake Project, comprising lithium and rubidium, and the Firesteel copper project in Canada, as well as obtaining EPOs and mineral claims in Zimbabwe.

The Raleigh Lake Project now encompasses 32,900 hectares (329 square kilometres) of mineral claims in Ontario and represents ILC’s most significant project in Canada. To date, drilling has occurred on less than 1,000 hectares of our claims. A Preliminary Economic Assessment was published for ILC’s lithium at Raleigh Lake in December 2023, with a detailed economic analysis of ILC’s separate rubidium resource still pending. Raleigh Lake is 100% owned by ILC, free from any encumbrances and royalties. The Raleigh Lake Project boasts excellent access to roads, rail, and utilities.

A continuing goal has been to remain a well-funded company to turn our aspirations into reality. Following the disposal of the Mariana project in Argentina in 2021, the Mavis Lake project in Canada in 2022, and now the Avalonia project, ILC continues to achieve sufficient inward cash flow to be able to make progress with its exploration projects.

With the increasing demand for high-tech rechargeable batteries used in electric vehicles, electrical storage, and portable electronics, lithium has been designated ‘the new oil’ and is a key part of a green energy, sustainable economy. By positioning itself with projects that have significant resource potential and solid strategic partners, ILC aims to be one of the preferred lithium and rare metals resource developers for investors and to continue building value for its shareholders for the rest of the 2020s, the decade of battery metals.

On behalf of the Company,

John Wisbey
Chairman and CEO
www.internationallithium.ca

For further information concerning this news release, please contact +1 604-449-6520 or info@internationallithium.ca or ILC@yellowjerseypr.com.

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

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the timing of completion of any offering and the amount to be raised, the time when the Company will receive the remaining consideration payable by Ganfeng for the Avalonia Project, the effect of results of anticipated production rates, the timing and/or anticipated results of drilling on the Raleigh Lake or Firesteel or Wolf Ridge projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, lithium or rubidium or copper recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company’s projects, the Company’s budgeted expenditures, future plans for expansion in Southern Africa and planned exploration work on its projects, increased value of shareholder investments in the Company, the potential from the company’s third party earn-out or royalty arrangements, the future demand for lithium, rubidium and copper, and assumptions about ethical behaviour by our joint venture partners or third party operators of projects or royalty partners. Such forward-looking information is based on assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled ‘Risks’ and ‘Forward-Looking Statements’ in the interim and annual Management’s Discussion and Analysis which are available at www.sedar.com. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257488

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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Clean energy stocks fall as Trump bill would tax components from China, phase out credits

Business 2 Mins Read

Clean energy stocks fell Monday as President Donald Trump’s spending legislation now includes a tax on wind and solar projects using Chinese components and abruptly phases out key credits.

Shares of NextEra Energy, the largest renewable developer in the U.S., fell 4%. Solar stocks Array Technologies, Enphase and Nextracker were down between 1% and 9%.

The Senate is voting Monday on amendments to the legislation. The current draft ends the two most important tax credits for solar and wind projects placed in service after 2027.

“The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country,” Tesla CEO Elon Musk posted on X over the weekend. “Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future.”

Previous versions of the bill were more flexible, allowing projects that began construction before 2027 to qualify for the investment and electricity production tax credits, according to Monday note from Goldman Sachs.

The change “compresses project timelines and adds significant execution risk,” Bank of America analyst Dimple Gosal told clients in a note Monday. “Developers with large ’25 pipelines, may struggle to meet the new deadlines — potentially delaying or downsizing planned investments.”

The Senate legislation also slaps a tax on solar and wind projects that enter service after 2027 if they use components made in China.

“The latest draft in the Senate has become more restrictive for most renewable players, moving toward a worst case outcome for solar and wind, with a few improvements for subsectors on the margin,” Morgan Stanley analyst Andrew Percoco told clients in a Sunday note.

To be sure, the rooftop solar industry is viewed by Wall Street as a relative winner from the bill, with Sunrun shares up more than 13% and SolarEdge trading more than 6% higher on Monday. The legislation seems to allow tax credits for leased rooftop systems to remain in place through the end of 2027, which was not the case in previous versions, according to Goldman Sachs.

And First Solar is up more than 9% as the legislation seems to allow the manufacturer to claim credits for both components and final products, according to Bank of America.

This post appeared first on NBC NEWS

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