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Former Ulster prop set for ‘long recovery journey’ after undergoing major surgeryWASHINGTON – President-elect Donald Trump's nominee to be secretary of the Navy, John Phelan, has not served in the military or had a civilian leadership role in the service. While officials and defense experts said the Navy is in sore need of a disruptor, they cautioned that Phelan's lack of experience could make it more difficult for him to realize Trump's goals. Trump late Tuesday nominated Phelan, a major donor to his campaign who founded the private investment firm Rugger Management LLC. The Trump transition team did not respond to a request for comment on his qualifications. According to his biography, Phelan's primary exposure to the military comes from an advisory position he holds on the Spirit of America, a non-profit that supports the defense of Ukraine and the defense of Taiwan. Recommended Videos Not all service secretaries come into the office with prior military experience, but he'd be the first in the Navy since 2006. Current Secretary of the Army Christine Wormuth similarly does not have prior military service. She, however, has spent her career in a host of defense civilian positions. The appointment comes at a critical moment for the Navy, which has been stretched thin with deployments around the world and must contend with a shrinking fleet even as the naval forces of its main rival, China, are growing. Trump has campaigned on expanding the Navy and would need to fight bureaucratic inertia to do so. But it’s uncertain whether a secretary with no military experience — either in uniform or as a defense civilian — would be well-positioned to lead that effort. “It will be difficult for anyone without experience in the Pentagon to take over the leadership of a service and do a good job,” said Stacie Pettyjohn, a senior fellow and director of the defense program at the Center for a New American Security. “Services are sprawling organizations with distinct cultures, subcultures and bureaucratic interests, and where decisions are made through many formal processes. To change a service’s plans, one must understand this Byzantine landscape.” Experts said Phelan's nomination reflects that Trump is seeking service branch heads who will not push back on his ideas — but that Phelan's lack of experience is likely to create issues and delays of its own, They say the Navy can't afford to lose time. One of the Navy’s biggest challenges is preparing for a potential military confrontation with China over Taiwan, a self-ruled island that China claims as its own. " The stakes are high ," said Brad Bowman, senior director of the Center on Military and Political Power at the Foundation for Defense of Democracies. “The success or failure in addressing key problems in the U.S. Navy over the next couple years may have a decisive effect on war and peace in the Taiwan Strait and elsewhere.” Trump has called for a 350-ship Navy since his 2016 presidential campaign, but he experienced first-hand the difficulty in realizing that goal, given the challenges to shipbuilding and the erratic and often delayed congressional budget process. There are just under 300 battle force ships in the fleet — vessels that have a direct role in conducting combat operations. “The Navy is stretched covering Europe, the Middle East and the Pacific. Strategists have wanted to pull back from Europe and the Middle East, but recent conflicts have prevented that,” said Mark Cancian, a senior adviser at the Center for Strategic and International Studies. “So the next secretary will have a shrinking fleet, expanded overseas commitments, and an uncertain budget environment.” The Marine Corps has called for 31 amphibious warships to help it maintain a close-to-shore presence around the globe. The Navy regularly has had to extend the deployments of its aircraft carriers and escorting destroyers, for example, to respond to the unstable security situation in the Middle East. Each extension can create rippling effects: Ships don’t get maintained on schedule, and forces get tired of the lack of predictability for their families and leave the service. Service branch chiefs spend vast amounts of time not only responding to the White House but also appeasing members of Congress in frequent hearings on Capitol Hill, shaping budget requests, holding constant meetings on service member issues, attending industry conferences and filling speakers requests. That all requires a nuanced understanding of the service that a secretary is leading, because major change in any of the branches often involves a lengthy process to review directives and past policy. Any changes to the many weapons systems the Navy and Marine Corps need and pursue are subject to lengthy contract award challenges. “The Navy’s problem here is money,” Cancian said. “Even if the defense budget goes up, there will only be a relatively small increase available for shipbuilding. (If) the budget stays steady or goes down, then the Navy will have a major problem. The fleet will continue to shrink." Trump has signaled through multiple appointments, such as his selection of SpaceX founder Elon Musk to co-lead a nongovernmental Department of Government Efficiency, that he seeks to cut through red tape. But the service secretary can't do that without moving through Congress, which has produced many of those regulations and processes the military must follow. “It might help that he has a personal relationship with the president. However, his lack of experience in defense and the Pentagon will hurt the Navy," Cancian said. "It will take him a while to learn the levers of power.”Trump says he can’t guarantee tariffs won’t raise US prices, won’t rule out revenge prosecutions
Kyle Whittingham will return next season as Utah's coach. There has been some speculation about Whittingham's future plans, but the 65-year-old coaching veteran announced Sunday that he has no plans to step aside. And he channeled Michael Jordan in signaling his intention to return for the 2025 season. For immediate release📰 We are looking forward to 2025!!️ #GoUtes | @UtahCoachWhitt pic.twitter.com/jq9BnjypgO Whittingham has led the program since 2005 but saw a streak of 10 consecutive winning seasons snapped this year as the Utes -- picked to win the Big 12 in their first season as members -- were plagued by injuries yet again. Utah started the season 4-0 before enduring a seven-game losing streak that included a heartbreaking home loss to rival BYU , which was undefeated and ranked No. 9 in the country at the time. Utah closed out the regular season with a win over UCF , but finished 5-7 to miss out on a bowl game. With Utes defensive coordinator Morgan Scalley already carrying the "coach-in-waiting" label in Salt Lake City, some wondered whether Whittingham would step aside. Instead, he will be back on the sidelines for his 21st season as coach and 32nd overall with the program. Utah has struggled offensively in the past two seasons with quarterback Cam Rising dealing with multiple serious injuries. Andy Ludwig, Utah's offensive coordinator since 2019, stepped down from his position on Oct. 20. Following the conclusion of the regular season, Whittingham hired Jason Beck from New Mexico to serve as offensive coordinator next season. In all, Whittingham has a 167-86 record with three conference titles -- one in the Mountain West and two in the Pac-12 -- during his time leading the program.CSL’s $88 Billion Empire of Blood and Iron Sees Shares Falter
The other evening a good friend and I were sitting around, enjoying each other’s company as seniors will do, when the topic of what hunting will be like 30 years in the future came up. We have both been around enough years to witness many changes in hunting in Pennsylvania. We remember when safety orange wasn’t mandatory. A hunter could only tag one deer per year. Antlerless permits were hard to come by. Crossbows were illegal. Small game was abundant, and fur prices were high. In some ways, it was the good old days. In other ways, today is better. Our biggest concern was the ever-increasing age of the average hunter here in Pennsylvania, now over 50 years of age and getting higher. As these older hunters drop out, and fewer young hunters taking up the pastime, what changes will be necessary? Let’s start with funding. While it’s true the Pa. Game Commission makes money from timber sales and mineral rights, both of which are a product of the state gamelands system, with fewer and fewer hunters buying licenses how long will it be before the taxpayer, not the hunter, will be saddled with the expense incurred by the commission? The only answer will be extra and increased taxes, just like most other states, so get ready to open your wallet. As trapper numbers go down, who is going to control muskrat and beaver populations? My guess is the government will need to somehow pay either to manage these species or at least to repair the damage to roadways caused by an over-abundance of rodent erosion. Will the remaining hunters be asked to control the deer population, or will paid sharpshooters be needed? Pennsylvania already holds top honors for most deer/auto collisions in the nation. Who will farmers go to for help if crop damage is out of control? Will the loss of license money cause the state to sell off state game lands? These properties are now paid for by the hunter, but are open to all to enjoy. It would be a shame for them to disappear. Will there be an overpopulation of bears, leading to more bear/human conflicts? Will diseases such as rabies, distemper, and mange run rampant as nature replaces the hunter? Will fewer people be interested in protecting our woods and waterways if they no longer have a personal interest in protecting them? Or will we simply turn them into more shopping centers? Will organizations such as the National Wild Turkey Federation and Ducks Unlimited, which spend thousands on land improvement and preservation, cease to exist? Then again, maybe life will be like a Disney movie and somehow suddenly everything will be great and mankind and nature will go skipping away hand in hand. What will the next 30, 50 or 100 years bring? Only time will tell, my friend, but until then we can only guess.What’s in New Hampshire’s new minimum public school standards
Patriots' Jabrill Peppers Faces January Trial as Lawyers Battle Over $10.5M Settlement Claim
Himalayan Agriculture Industry Limited held its first general assembly on Saturday at the Miracle Party Palace in Sukedhara, Kathmandu. The event, inaugurated by Nepal's first President, Dr. Ram Baran Yadav, highlighted the company's mission to modernize and transform Nepal's agricultural sector. He also commended the company's efforts to revive Nepal's agricultural legacy, stressing collective action to restore the country's soil health. During the program, Executive Chairman Sagar Uprety of the company emphasized the importance of addressing challenges in agriculture through digitalization, modernization, and research. He stated that the company is committed to offering comprehensive solutions from production to distribution and export.Highlighting agriculture's critical role in Nepal, he voiced concerns over the sector's long-standing neglect. Krishna Maharjan, a director of the company and also associated with the Appropriate Organic Fertilizer Company Limited, spoke about their collaboration to protect Nepal from the adverse effects of unnecessary chemical fertilizers and pesticides. Tribhuvan University Professor Dr. Pramod Aryal presented insights into Nepal's agricultural data and technology, while another founding member, Hemraj Bhandari, who has also served as a member of the Constituent Assembly, urged everyone to join the company's campaign to preserve soil and take advantage of the opportunity to purchase shares in the public company. Another founder, farmer Ananta Karki, shared his experiences using organic fertilizers in his farming practices. The event was attended by a large gathering of agricultural experts, scientists, innovators, and stakeholders.Actor-comedian-singer Sandra Bernhard comes to Mill Valley on Tuesday. (Photo by Brian Ziegler) Sandra Bernhard will perform a cabaret-style show in Mill Valley. (Photo by Brian Ziegler) Actor-comedian-singer Sandra Bernhard brings her "Easy Listening" show to California this month. (Photo by Nick Spanos) Actor-comedian-singer Sandra Bernhard comes to Mill Valley on Tuesday. (Photo by Brian Ziegler) For Sandra Bernhard , the “Easy Listening” tour that brings her to Southern California this month is a homecoming of sorts, a return to the place where her comedy career first blossomed more than 45 years ago. “I kind of broke the mold,” Bernhard says of the style of comedy she embraced when she arrived in Los Angeles barely 20 years old. “I was post-feminist, very outspoken, a 20-, 21-year-old woman at the time. “The mold had been, you know, Joan Rivers and all the women of that era, who were amazing and brilliant and wonderful,” she says. “But they were stuck in that time where the women couldn’t talk about things that I talked about. There was self-deprecating and very like, ‘My husband this, my husband that.’ “I came along and said, ‘Well, we’ve done all this work to get where we’re at as women. I’m not going to go back and rely on that stuff.” So Bernhard, an actress and singer as well as a comic, did what she wanted no matter how unusual her act might have been for the times. “It was sort of like rock and roll meets cabaret meets, you know, irreverence and kind of a revolutionary approach,” Bernhard says. “Then, when I started adding in the music, it just made it even more based on everything I observed in terms of real entertainment. Which I love, but I just turned everything on its ear.” Bernhard returns to California from her base in New York City for shows in December, ranging from Palm Springs to Mill Valley to Beverly Hills. The show is titled “Easy Listening,” though it’s not so much soft rock as it is sharp edges, she says. Bernhard will perform at the Sweetwater Music Hall at 8 p.m. Tuesday. Admission is $86.01. Get tickets at sweetwatermusichall.org . In a pair of interviews edited for length and clarity, Bernhard talked about her mentors and friends at the Comedy Store in the ’70s, her feelings about the recent election, and a host of TV and film projects with which she’s been involved. Q The ‘Easy Listening’ show is described as a tour through your influences, musically, as you grew up – A – yeah, but that’s not really what the show is about. [laughs] I do a new show at Joe’s Pub [in New York City] probably every year and they ask you to describe the show. It’s more, these are ethereal kind of throwaways, you know, sketches of ideas that I have. I mean, the idea of easy listening, especially in today’s world, is more of a reflection on how it’s just the complete opposite. There’s really nothing easy to listen to unless you put on your records. Because I want to just tune out all of the noise, you know, of people I have no interest in hearing anymore. Q Do audiences feel different to you during the holiday season? A I mean, seasonally, everything feels different because it’s just the cycle of the earth and nature. Things do feel different. I haven’t really played in L.A. and that time of year in a long time. Certainly in New York, they do so at the holiday. But I’m sure that when I play around California there’ll be groovy holiday California vibes, for sure. Q At the time we talked earlier this year [before her spring shows were rescheduled to December] you were backing Joe Biden’s re-election bid. How’d you react to the results of the election? A I was disgusted. I was shocked. I was like, ‘This is it. America just cannot get ready for a woman.’ They certainly can’t get ready for a Black woman. We’re racist, we’re misogynistic, we’re not ready for prime time. And we will reap what we sow. Q So how do you address those kinds of heavy topics in a show where people have come for entertainment? A I don’t think I’m going to beat people over the head with it. I haven’t thought about it. I have a full show that doesn’t require me talking about it all if I decide I don’t want to talk about it. It might just be at the end of the show, because I always leave with some sort of message about people being responsible for themselves and for each other no matter what’s going on politically. So I’m sure that there will that, you know, with accelerant thrown on it. Q Let me ask you more about your start in L.A. in the ’70s. I’m sure at the time there was a lot of misogyny in the comedy world – A – guess what, there still is. [laughs]. It was hard. If I hadn’t had my mentor, Paul Mooney , who discovered me when I first started getting up to perform, to kind of protect me and advise me and give me the lowdown on everything, I probably wouldn’t have made it. He saw my potential. He believed in me and helped me nurture it. Without him, I wouldn’t have had the courage to do it. It’s sort of beautiful and poetic that an incredibly brilliant, handsome Black man was my guardian angel. And that also, like, freaked out people. So all the way around it was, ‘Who is this person and what is she all about?’ If you don’t have that, if people aren’t asking those questions, you’re probably never going to make an impact. Q I always loved your appearances on David Letterman’s shows in the ’80s and ’90s. You clearly seemed to be one of his favorite guests. A I mean, the brilliance about Letterman was I knew him from the Comedy Store in the ’70s. Not well, but I knew him. And because we came from that same background, I think he got a kick out of all the people that were in that world, and sort of let them do their own thing, or let me do my own thing, in his living room. That’s why it worked so well, because we all came from that place and we appreciated each other’s nuances and uniqueness. So it was a great place to come and be irreverent and crazy and funny and just turn it into a little piece of mini-theater. Q Around that same time, I saw Scorsese’s ‘King of Comedy,’ which is one of your great roles. How was that working with him and De Niro and Jerry Lewis at that early point in your career? A It was a total jumping-off for me. You know, everybody wanted that role. Many, many, many well-known, unknown, in-between actresses auditioned for that role. So when I got the call that I got it, it was phenomenal on every imaginable level. Then the experience of shooting it, waiting for it to come out, which took forever, which it shouldn’t have. When it finally did come out it was a game changer for me. Q You’ve got a few new TV and film roles: One of the Gray Sisters on Disney+’s ‘Percy Jackson and the Olympians,’ Michelle Buteau’s Netflix series ‘Survival of the Thickest,’ and ‘Marty Supreme,’ the Timothée Chalamet ping-pong biopic. Tell me about playing the three Gray Sisters with Margaret Cho and Kristen Schall. A That was so fun because I’ve never had prosthetic makeup before so that was like a real trip. We all look so unique. We had these different gray wigs, very glamorous in a sort of funny way. Amazing costumes, amazing costumes, amazing makeup and special effects. We had a ball. Q The description of the Gray Sisters is that you are three old women who share one eye and one tooth and run a New York City taxi company. A Well, the teeth, the teeth didn’t work. We all had our own teeth. But we do share an eyeball and we keep passing them back and forth. It’s funny. I can’t imagine – I want to look because when you’re in the scene, you don’t really know how it’s being filmed or what it looks like. But it’ll be funny. Q How do you go about picking TV or movie projects? A Once you meet somebody and you know they have a show, you always go, ‘Wow, I’d love to work with you,’ so they know that. A lot of time, you see people, they don’t think you want to work with them. It wouldn’t cross their mind. So if I don’t want to work with them I don’t say anything. But if I do, I always do.No. 7 Alabama looks to remain in playoff contention with a visit to Oklahoma
NoneCanada is already examining tariffs on certain US items following Trump's tariff threat
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The Pittsburgh Steelers and Cincinnati Bengals will play in a primetime clash on Saturday at 8:00 p.m. That game will come after the Baltimore Ravens and Cleveland Browns suit up at 4:30 p.m., so the Steelers will know if they are playing for the AFC North title or just seeding. The Steelers could choose to rest starters if the Ravens win, but they will also want to play for seeding. There is a huge difference between playing the Houston Texans and the Ravens, at least on the betting market. Pittsburgh will look to finish the season out with a win over the Bengals, which would not only give them 11 wins but knock the Bengals out of the playoffs, thus ending their season. The Saturday game helps the Steelers on the other side for the playoffs as well. They will not have to play on a short week, even if they play on Saturday for a playoff clash with anyone. AFC North road teams are 2-13 in primetime matchups since 2019, so even though the Steelers have opened up as early underdogs, they have the advantage from that perspective. BETTING: Check out our guide to the best PA sportsbooks , where our team of sports betting experts has reviewed the experience, payout speed, parlay options and quality of odds for multiple sportsbooks. More Pittsburgh Steelers News Pittsburgh Steelers likely to play in Ireland game in 2025 Three former Pittsburgh Steelers quarterbacks throw touchdowns for new teams Former Pittsburgh Steelers quarterback helps lead new team to division title Possible Pittsburgh Steelers playoff opponent eliminated Potential Pittsburgh Steelers playoff opponents revealed
The state’s top road safety bureaucrat has rejected suggestions that new high-tech cameras that can catch wrongdoers on West Australian roads en masse are revenue-raisers. Road Safety Commissioner Adrian Warner joined Road Safety Minister David Michael on Monday to announce the rollout of the six mobile cameras from Australia Day. Road Safety Commissioner Adrian Warner and Road Safety Minister David Michael. The smart cameras, leased for five years at a cost of $22 million, can easily spot motorists using their phones or driving without a seatbelt and will be deployed to deter the behaviours that make up a large reason for so many of the fatalities on WA roads. A camera pointed at just one lane on the Kwinana Freeway near Salter Point last month spotted more than 6300 people using their mobiles while driving, and 5100 not wearing their seatbelts. Had that camera been used to issue fines, it could have netted the Road Trauma Trust account anywhere from $5 million to $10 million, depending on the severity of the offences. The rollout of the new cameras will coincide with a three-month grace period where motorists breaking the law will be issues with a caution instead of a fine. Warner said this demonstrated the cameras were not about revenue-raising, but changing behaviours. “It’s anything but revenue raising, that’s why we’re doing caution notices,” he said. “This is about drivers changing their behaviour. We have a culture problem. We need to address it, and these cameras are the first step in doing that.” Warner said 99 per cent of people wore seatbelts, but 20 per cent of people who died in crashes weren’t wearing seatbelts. “That should tell you something,” he said. The announcement comes as WA records its worst road toll in almost 10 years, with 182 deaths. Michael said in this context now was the time for the technology to become a vital and permanent tool to be used across the state. “The message is clear and simple: these cameras are coming, slow down, buckle up and put your phone away,” he said. Start the day with a summary of the day’s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter .( MENAFN - Newsfile Corp) Calgary, Alberta and Surfers Paradise, Australia--(Newsfile Corp. - November 27, 2024) - Transition Opportunities Corp. (TSXV: TOP.P) (" Transition " or the " Company ") and InterGroup mining Limited (" IGM "), are pleased to provide the following updates in connection with the previously announced Qualifying Transaction, as defined in Policy 2.4 - Capital Pool Companies (" Policy 2.4 ") of the TSX Venture Exchange (the " Exchange " or the " TSXV "), of Transition (the " Proposed Transaction ") as further described in the press release dated August 20, 2024. In evaluating the Proposed Transaction, IGM considered the long-term strategic benefits of listing on the TSXV, one of North America's prominent junior mining exchanges, including the ease of graduating to a senior exchange in the future, such as the New York Stock Exchange or the London Stock Exchange. Proposed Financing In preparation for the Proposed Transaction, it is anticipated that IGM will complete a non-brokered private placement of at least 15,000,000 ordinary shares of IGM (" Ordinary Shares ") at a price of $0.35GBP (the " Offering Price ") per Ordinary Share (the " Initial Private Placement "). The closing of the Initial Private Placement is not conditional upon completion of the Proposed Transaction. Further details regarding the Initial Private Placement are anticipated to be provided in subsequent press releases. In addition to the Initial Private Placement, IGM may complete further private placements of debt or Ordinary Shares. Further information regarding the Initial Private Placement and any subsequent private placements will be forthcoming in continuous disclosure documentation of IGM. Technical Reports In connection with the Proposed Transaction, ERM Australia Consultants Pty Ltd., formerly CSA Global, has substantially completed a 43-101 - Technical Report (the " Technical Report ") for the Clydesdale Brumby Kaolin Project (the " Project "), subject to certain updates in connection with the Proposed Transaction. On or prior to closing of the Proposed Transaction, a copy of the Technical Report will be posted on Transition's SEDAR+ profile at . Additionally, Varndell & Associates has substantially completed a valuation report in connection with the Project owned by IGM, either directly or indirectly (the " Valuation Report "). The Valuation Report will follow the guidelines of TSXV Appendix 3G, which incorporates most aspects of CIMVAL Code for the Valuation of Mineral Properties dated November 29, 2019. Subject to approval from the TSXV, IGM intends to use the Valuation Report to evidence value for the Proposed Transaction in accordance with Policy 2.4. IGM Audits IGM has also finalized its audited financials statements for the fiscal year ended June 30, 2023 (the " IGM Financials "). On or prior to closing of the Proposed Transaction, a copy of the IGM Financials will be posted on Transition's SEDAR+ profile at . IGM Offtake Agreement In Q3 of 2024, IGM completed an onsite sampling program to provide sample shipments and guaranteed analysis to interested offtake partners. Desire for ongoing long-term and large-scale supply of Kaolin, Silica, Metakaolin and Gold have been expressed by multiple parties for different manufacturing and use applications. Discussions are ongoing regarding offtake agreements and product delivery dates upon mining production start around this latest sample allotment. IGM is confident that the market remains strong and ever growing in the "Oceania" region for the Project's mineral assets. IGM looks forward to strong demand as its production phases begin and its product enters the commodities market. IGM Feasibility Study In preparation for the Proposed Transaction, IGM is in the process of upgrading its 2024 Scoping Study into a Pre-Feasibility Study and Definitive Feasibility Study (collectively, the " Feasibility Studies "). The completion of Feasibility Studies will allow the IGM to increase and underpin the valuation and financing of the Project significantly. It is anticipated that part of IGM's fundraising will be deployed towards completing the Feasibility Studies by mid-next year. Additional Information Additional information concerning the Proposed Transaction and any connected transactions of the Company, IGM and the resulting issuer following completion of the Proposed Transaction (the " Resulting Issuer "), will be provided in subsequent press releases and in Transition's management information circular or filing statement to be prepared in connection with the Proposed Transaction, to be filed in connection with the Proposed Transaction, which will be available under Transition's SEDAR+ profile at . All information contained in this press release with respect to the Company and IGM was supplied by or from the respective party for inclusion herein, without independent review by the other party, and each party and its directors and officers have relied on the other party for any information concerning the other party. Completion of the Proposed Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange requirements, majority of the minority shareholder approval, the completion of a definitive agreement in connection with the Proposed Transaction (the " Definitive Agreement ") and closing conditions customary to transactions of this nature. Where applicable, the Proposed Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Proposed Transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Proposed Transaction, any information released or received with respect to the Proposed Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative. The TSX Venture Exchange Inc. has in no way passed upon the merits of the Proposed Transaction and has neither approved nor disapproved the contents of this press release. The Proposed Transaction will not constitute a "Non-Arm's Length Qualifying Transaction" (as such term is defined in the policies of the TSXV). Accordingly, it is not anticipated that the Proposed Transaction will be subject to the approval of the shareholders of Transition. About Transition Transition is incorporated under the Business Corporations Act (Alberta) and is a capital pool company within the meaning of the policies of the Exchange. Transition has not commenced operations and has no assets other than cash. Transition's principal business is the identification and evaluation of assets or businesses with a view to completing a "Qualifying Transaction" under Policy 2.4. About IGM IGM is an Australian company focused on exploring and extracting minerals essential to delivering a net zero emissions world and strives to be a carbon neutral mining operation. IGM is a multi-commodity mine with Gold, Kaolin and Silica. It also has data showing 6Rare earth minerals that it is proving out currently. Its current focus is on developing a major high- quality kaolin, silica and gold project located in NE Queensland, Australia, approximately 250 kilometres from the major seaport of Townsville, west of Charters Towers, and immediately north of the gold bearing district of Pentland. To provide a little background on only one of IGM's minerals - Gold. Significant test work has been carried out to define the gold reserves and to determine the maximum gold recovery. The test work done to date has included: An excerpt from work done by Gekko Metallurgical Laboratory stated, "The following conclusion can be made from testing the Jodo Gold Brilliant Brumby ore sample. The calculated head grade from the 54.32 kg Two Stage CGR test was 8.74 g/t Au. This compared well to the calculated head grade derived from the 1 kg grade by size analysis of the minus 1.18 mm feed, which was 8.38 g/t Au." The above test work shows that IGM has high grade gold deposits. Additionally, in "typical" mining operations, the operator must remove significant overburden to get to the gold bearing ore. IGM's overburden is the sellable products of kaolin and silica. This will result in IGM's gold reserves being one of, if not the lowest, cost gold mine in the world. Qualified Person The scientific and technical information in this release has been approved by Ross William McVicar Garling, a Fellow of the Australasian Institute of Mining and Metallurgy and an independent consultant to IGM, who is a qualified person under NI 43-101. Further Information Transition Opportunities Corp. John Pantazopoulos, Director Email: ... Phone: (403) 801-5015 InterGroup Mining Limited James Busche, Chief Executive Officer Email: ... -- Rajiv Kamaria, Chief Financial Officer Email: ... Forward-Looking Information This press release contains forward-looking statements and forward-looking information (collectively, " forward-looking statements ") within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends" "expects" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward looking statements concerning the Proposed Transaction, the completion of the Initial Private Placement at the Offering Price and the completion any subsequent private placement, the completion and timing of the application to the TSXV in respect of the Proposed Transaction, the entering into of any offtake agreements between IGM and other parties, the completion of the Feasibility Studies, the proposed structure by which the Proposed Transaction is to be completed, the ability of the Company and IGM to meet the conditions of the Proposed Transaction in the required timeframes, obtaining the necessary exemptions and approvals from the TSXV or other regulatory bodies, including the business, name and function of the Resulting Issuer and certain financial information and forecasts. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company and IGM, including expectations and assumptions concerning the Company, IGM, the Resulting Issuer, the Proposed Transaction, the negotiation of the Definitive Agreement on satisfactory terms, the timely receipt of all required shareholder, court and regulatory approvals (as applicable), including the acceptance of the TSXV, the satisfaction of other closing conditions in accordance with the terms of the Definitive Agreement, as well as other risks and uncertainties. The terms and conditions of the Proposed Transaction may change based on the Company's due diligence (which is going to be limited as the Company intends largely to rely on the due diligence of other parties of the Proposed Transaction to contain its costs, among other things) and the receipt of tax, corporate and securities law advice for both the Company and IGM. The statements in this press release are made as of the date of this release. The Company undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of the Company, IGM, their securities, or their respective financial or operating results (as applicable). All information related to IGM and its operations in this press release has been provided by IGM. The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking statements. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Neither TSXV 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 press release. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. To view the source version of this press release, please visit SOURCE: Transition Opportunities Corp. MENAFN27112024004218003983ID1108934307 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
The Nasdaq and S&P 500 ended higher on Monday, boosted by tech-related shares after the market posted a strong November, with investors awaiting this week's economic data including the key monthly jobs report on Friday. The Dow was down slightly on the day. Both the Dow and S&P 500 recorded their biggest monthly percentage gains in a year on Friday. The technology .SPLRCT, communication services .SPLRCL and consumer discretionary .SPLRCD sectors each rose roughly 1% on Monday, while other segments were lower. Tesla TSLA.O shares advanced, with Stifel raising its price target on the stock. "We're seeing a market that's in a seasonably strong period just creep higher," said Rick Meckler, partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey. "It's a tough time for people to bail out, but by the same token, I don't see an explosive finish to the year. There's just too much uncertainty to where we're headed. ... No one is quite sure what the plan is economically with the new administration." Capitalize on high interest rates: Best current CD rates Former U.S. President Donald Trump recaptured the White House in last month's election and his Republican Party swept both houses of Congress, boosting stocks in November. The Dow Jones Industrial Average .DJI fell 128.65 points, or 0.29%, to 44,782.00, the S&P 500 .SPX gained 14.74 points, or 0.24%, to 6,047.12 and the Nasdaq Composite .IXIC gained 185.78 points, or 0.97%, to 19,403.95. Trump's potential plans for tax cuts and deregulation are seen as likely to lift the market while tariffs would be negative. Earlier, data from the Institute for Supply Management showed U.S. manufacturing activity improved in November, while the final reading of the S&P manufacturing survey was revised upwards to 49.7, compared to a previous reading of 48.8. Super Micro Computer SMCI.O surged after the artificial intelligence server maker began its search for a new finance chief based on recommendations made by a special committee formed to review the company's accounting practices. Reporting by Caroline Valetkevitch; Additional reporting by Shashwat Chauhan and Purvi Agarwal in Bengaluru; Editing by Maju Samuel and Richard ChangORCHARD PARK, N.Y. (AP) — In a season that began with , it was apt watching Bills quarterback Josh Allen join coach Sean McDermott lay on the cold, wet sideline to make snow angels in celebrating Buffalo’s earliest clinching of a division title in team history. That Allen took part was no surprise. has maintained the happy-go-lucky approach he brought with him to Buffalo as a raw-talented athlete in 2018, while gradually blossoming into one of the NFL’s elite quarterbacks. For McDermott, it was a pleasant surprise to see the usually reserved eight-year coach finally let his hair down — figuratively, because the few jokes he does make are usually about being bald. With his latest do-it-all three-TD outing — one rushing, one receiving and, the coup de grace, being credited with receiving his own pass for a score off a lateral from Amari Cooper — , Allen continued making his strongest NFL MVP case. What’s also becoming apparent is how much McDermott deserves consideration for coach of the year honors. Without the two, the Bills (10-2) wouldn’t be in this position in becoming just the eighth NFL team — and first since Indianapolis in 2009 — to clinch a division title with at least five games remaining in their schedule. It’s reflective of how the two have grown together in what, on the outside, could be perceived as an odd couple relationship between an offensive-minded, swashbuckling quarterback and a defensive-minded coach, too often knocked for being too conservative. Perhaps, it’s Allen’s boyish nature that has brought out the risk-taker in McDermott, who has carried over the aggressive approach he takes to defense by placing trust in his quarterback. It’s become apparent in everything the Bills have accomplished so far in having at least 10 wins through 12 games for just the fifth time in team history, and first since 1991, when Buffalo was led by eventual Hall of Famers in coach Marv Levy and quarterback Jim Kelly. Buffalo has won seven straight since consecutive losses to Baltimore and Houston. And the Bills have scored 30 or more points in six straight outings, matching the team record set in 2004. that was supposed to be hampered following the offseason departures of receivers Stefon Diggs and Gabe Davis and center Mitch Morse. The Bills are more balanced in leaning on their running attack, while Allen has also curtailed his turnover-prone ways. He's lost two fumbles and thrown just five interceptions after being picked off a career-worst 18 times last season. Meantime, McDermott has taken a different approach to fourth down situations. The Bills have converted 13 of 15 fourth down attempts after going 9 of 16 last season and 7 of 13 in 2022. The most fourth down attempts during McDermott’s tenure came in 2021, when Buffalo converted just 11 of 22. This is but an example of the bond the quarterback and coach have built in a shared objective of overcoming past playoff failures. Clinching a division title is but one step, with the Bills now focused on catching the Kansas City Chiefs (11-1), , for the AFC’s top seed. In calling it the team’s next goal, McDermott went off script from his usual game-at-a-time message by noting the importance of celebrating a division-clinching win, if only for one day. “Being 50 years old and 20-plus years in this league, I’ve learned to try and enjoy the moments,” McDermott said. “And this is a moment, right?” It certainly was. Turnover differential. Buffalo’s defense forced three fumbles, including one at its goal line, while the offense didn’t commit a giveaway. The Bills upped their league-leading turnover differential entering Monday to plus-17. Run defense. Though the conditions were snowy and slick, the Bills allowed 119 yards rushing in the first half before the 49ers were forced to start passing the ball once the score became lopsided. Buffalo particularly struggled in stopping Christian McCaffrey, who had 53 yards on seven carries . was in on five tackles while playing 37 of 48 defensive snaps in his first outing in nearly 14 months after being sidelined by a broken right leg and torn left biceps. CB Kaiir Elam, the 2022 first-round pick was a healthy inactive for a second straight outing, and still having difficulty finding a regular role. None reported. 9-0 — The Bills' home record going back to last season, marking their second-longest run in team history. Hit the road for two outings, starting with a trip to face the Los Angeles Rams on Sunday. AP NFL:
Losses for big technology stocks pulled major indexes lower on Wall Street. The S&P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%. Losses for Nvidia, Microsoft and Broadcom were the biggest weights on the market. Dell sank 12.2% after reporting revenue that fell shy of forecasts, and HP dropped 11.4% after giving a weaker-than-expected outlook. Treasury yields fell in the bond market. U.S. financial markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks wavered in afternoon trading on Wednesday, as losses for several Big Tech companies offset gains elsewhere in the market. The S&P 500 fell 0.4% in afternoon trading, even though more stocks were rising than falling in the index. The Dow Jones Industrial Average fell 135 points, or 0.3%, as of 3:05 p.m. Eastern time. Both indexes set records on Tuesday. The Nasdaq composite fell 0.5%. Losses for tech heavyweights helped pull the broader market lower. Semiconductor giant Nvidia slipped 1.6%. Its huge value gives it outsized influence on market indexes. Microsoft fell 0.9% Several personal computer makers added to Big Tech's heavy weight on the market following their latest earnings reports. HP sank 11.8% after giving investors a weaker-than-expected earnings forecast for its current quarter. Dell slumped 11.9% after its latest quarterly revenue fell short of Wall Street forecasts. Gains for financial and health care companies helped counter Big Tech's downward pull. Visa rose 0.9% and Thermo Fisher Scientific added 2.3%. The U.S. economy expanded at a healthy 2.8% annual pace from July through September, according to the Commerce Department, leaving its original estimate of third-quarter growth unchanged. The growth was driven by strong consumer spending and a surge in exports. The update follows a report on Tuesday from the Conference Board that said confidence among U.S. consumers improved in November, but not by as much as economists expected. Consumers have been driving economic growth, but the latest round of earnings reports from retailers shows a mixed and more cautious picture. Department store operator Nordstrom fell 8.5% after warning investors about a trend toward weakening sales that started in late October. Clothing retailer Urban Outfitters jumped 19.1% after beating analysts’ third-quarter financial forecasts. Weeks earlier, retail giant Target gave investors a discouraging forecast for the holiday season, while Walmart provided a more encouraging forecast. Consumers, though resilient, are still facing pressure from inflation. The latest update from the U.S. government shows that inflation accelerated last month. The personal consumption expenditures index, or PCE, rose to 2.3% in October from 2.1% in September. Overall, the rate of inflation has been falling broadly since it peaked more than two years ago. The PCE, which is the Federal Reserve's preferred measure of inflation, was just below 7.3% in June of 2022. Another measure of inflation, the consumer price index, peaked at 9.1% at the same time. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls to within range of the Fed's target of 2%. The central bank started raising its benchmark interest rate from near-zero in early 2022 to a two-decade high by the middle of 2023 and held it there in order to tame inflation. The Fed started cutting its benchmark interest rate in September, followed by a second cut in November. Wall Street expects a similar quarter-point cut at the central bank's upcoming meeting in December. “Today’s data shouldn’t change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management. "But a lot of observers, probably including some at the Fed, are looking for reasons to get more hawkish on the outlook given the potential for inflationary policy change like new tariffs.” President-elect Donald Trump has said he plans to impose sweeping new tariffs on Mexico, Canada and China when he takes office in January. That could shock the economy by raising prices on a wide range of goods and accelerating the rate of inflation. Such a shift could prompt the Fed to rethink future cuts to interest rates. Treasury yields slipped in the bond market. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Tuesday. The yield on the two-year Treasury, which more closely follows expected actions by the Fed, fell to 4.22% from 4.25% late Tuesday. U.S. markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday.
Fossilized footprints reveal 2 extinct hominin species living side by side 1.5 million years agoThe Indo Farm Equipment IPO opens on December 31, 2024, and closes on January 2, 2025. The price band is Rs 204-215 per share. The IPO allotment is expected on January 3 and listing shares will list on BSE and NSE likely on January 7. The grey market premium (GMP) suggests significant potential gains upon listing. New Delhi: Indo Farm Equipment IPO, a book built issue of Rs 260.15 crore, opens for subscription on December 31, 2024 and closes on January 2, 2025. The price band is set in the range of Rs 204 to Rs 215 per share. The retail investors are required to bid for a minimum lot size of 69 shares for which the minimum amount of investment is Rs 14,835. The Non-Institutional Investor (NII) category investors are mandated to apply for a minimum lot size of 14 lots for which one has to invest Rs 2,07,690, and for bNII portion the minimum application is of 68 lots. Indo Farm Equipment IPO allotment is expected on January 3, 2025 while the process to initiate refunds is likely to begin on January 6. The shares are expected to be credited to the demat accounts of eligible investors on 6th January while the stock will list on BSE and NSE tentatively on January 7. Indo Farm Equipment IPO GMP According to investorgain, Indo Farm Equipment IPO GMP stood at Rs 80 on December 30 morning. With the price band of Rs 215, the shares are expected to be listed at Rs 295, indicating that the counter will list with around 37 per cent gains. Grey market figures are not official. The Indo Farm Equipment IPO is a combination of fresh issue of 0.86 crore share aggregating to Rs 184.90 crore and offer for sale of 0.35 crore shares aggregating to Rs 75.25 crores. Indo Farm Equipment IPO’s book running lead manager is Aryaman Financial Services Limited, while Mas Services Limited is the registrar for the issue. Indo Farm Equipment Limited is crane and tractor manufacturing company located in Baddi, Himachal Pradesh. The company came into existence in 2000. It is a leading manufacturer of agriculture tractors, cranes, and various other agricultural implements in India. ( Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds .) Click for more latest Markets news . Also get top headlines and latest news from India and around the world at News9. Biplob Ghosal is Online News Editor (Business) at TV9’s digital arm - News9live.com. Leading the english business editorial team, he writes on various issues related to stock markets, economy and companies. Having over a decade of experience in financial and political journalism, Biplob has been previously associated with Timesnownews.com, Zeenews. He is an alumnus of Makhanlal Chaturvedi Rashtriya Patrakarita Vishwavidyalaya. Follow him at @Biplob_ghosal.
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