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November 5, 2025

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President Donald Trump compared Democrats to Japanese kamikaze pilots who conducted suicide missions during World War II, amid the ongoing government shutdown.

Trump’s remarks come on the heels of his Asia trip, where he visited Japan, as the government shutdown has lasted for 36 days – marking the longest one in U.S. history.

‘I think they’re kamikaze pilots,’ Trump told Republican senators at a breakfast at the White House on Wednesday. ‘I just got back from Japan and talked about the kamikaze pilots. I think these guys are kamikaze. They’ll take down the country if they have to.’

Additionally, Trump said he didn’t think Democrats were taking enough of the blame for their role in the shutdown.

‘It is Democrat-created, but I don’t think they’re getting really the blame that they should,’ Trump said, adding that the government must open soon.

The government ran out of funding that prompted the partial shutdown on Oct. 1, due to gridlock between Senate Republicans and Democrats over a short-term funding bill to fund the government through Nov. 21.

The stalemate between Republicans and Democrats stems from healthcare provisions in a potential funding measure. Trump and Republicans claim Democrats want to provide illegal immigrants healthcare, and have cited a provision that would repeal part of Trump’s tax and domestic policy bill known as the ‘big, beautiful bill’ that reduced Medicaid eligibility for non-U.S. citizens.

But Democrats say this isn’t the case and have said they want to permanently extend certain Affordable Care Act subsidies that are set to expire at the end of 2025.

Trump also stated that the shutdown was the reason that Republicans lost several key races – including the Virginia and New Jersey gubernatorial elections – on Tuesday.

‘Exactly one year ago, we had that big, beautiful victory,’ Trump said. ‘But I thought we’d have a discussion after the press leaves about what last night represented and what we should do about it. And also about the shutdown and how that relates to last night.’

‘I think if you read the pollsters, the shutdown was a big factor. Negative for the Republicans, and that was a big factor,’ Trump said.

Meanwhile, Senate Democrats refused to back Republican’s stopgap funding bill on Tuesday to reopen the government. Senate Minority Leader Chuck Schumer, D-N.Y., said that his party remains firm that it will not support a measure that doesn’t include extensions for the Affordable Care Act subsidies.

‘The only plan Republicans have for healthcare seems to be to eliminate it, and then to tell working people to go figure it out on their own,’ Schumer said Tuesday. ‘That’s not a healthcare plan. That’s cruel.’

This post appeared first on FOX NEWS

President Donald Trump said on Wednesday morning that the ongoing government shutdown was partly to blame for Republican losses on Election Day.

Trump told reporters during a breakfast with GOP lawmakers at the White House that election night on Tuesday ‘was not expected to be a victory,’ saying the 36-day government shutdown was one of two possible reasons.

‘I think, if you read the pollsters, the shutdown was a big factor,’ Trump said. ‘Negative for the Republicans, and that was a big factor.’

Trump added: ‘And they say that I wasn’t on the ballot and was the biggest factor. But I don’t know about that. But I was honored that they said that.’

His remarks come after Democrats won resoundingly in multiple states on Tuesday, with exit polls showing economic worries were very much on the minds of voters.

‘I don’t think it was good for Republicans,’ Trump said of the election results. ‘I don’t think it’s good. I’m not sure it was good for anybody.’

Some major losses for Republicans included the New York City mayoral race, and contests for governor in New Jersey and Virginia. Democrats also secured another expected win in California, where voters approved a new congressional map that is designed to help their party win five more U.S. House seats in next year’s midterm elections.

On the morning following the defeats, Trump called on lawmakers to bring the 36-day government shutdown, now the longest on record, to an end. 

‘We must get the government open,’ Trump said, going on to push Republican senators to end the filibuster.

‘It’s time for Republicans to do what they have to do,’ he said. ‘Terminate the filibuster.’

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

House GOP leaders’ daily government shutdown press conference briefly descended into chaos on Wednesday when a Democratic lawmaker interrupted the event.

Rep. Chrissy Houlahan, D-Pa., a moderate Democrat, shared a heated exchange with Speaker Mike Johnson, R-La., after crashing his remarks outside the U.S. Capitol while demanding he meet with her caucus to end the shutdown.

Johnson told her, ‘You should respect free speech,’ to which Houlahan responded, ‘You should respect free speech.’

‘I’m asking a question if you’re ready to have a conversation with the other side,’ Houlahan shouted from where reporters were gathered at the press conference. ‘You represent all of us. You are the speaker for all of us, sir.’

Johnson attempted to take a question from a reporter but told them, ‘I can’t hear you because we have someone who doesn’t respect the rights of their colleagues.’

Meanwhile, Houlahan kept shouting over the speaker even as he tried to call order.

‘You have an obligation not just to speak lies to the American people, you have an obligation to call the leadership of both parties and bring us together, and solve this problem together,’ she yelled.

House GOP Conference Chair Lisa McClain, R-Mich., erupted back, ‘You have an obligation!’

‘We did that before the shutdown began. I went to the White House. We went and sat in front of the Resolute Desk. We brought [House Minority Leader Hakeem Jeffries, D-N.Y., and Senate Minority Leader Chuck Schumer, D-N.Y.] in and we had a discussion,’ Johnson responded. 

‘The president said, ‘Please don’t shut the government down, it would all this pain to the American people.’ This has never happened before. It is a clean, non-partisan CR that every Democrat, including you, voted no on,’ he said.

Houlahan shot back, ‘You are absolutely misrepresenting history, sir, and you know that you are, and you’re dividing the American people unnecessarily.’

The two continued to speak over each other, with Johnson accusing Houlahan of having ‘regret’ for her vote.

‘No, sir, I do not regret anything. It’s important that we work together and that we unify,’ she responded.

Johnson said, ‘I appreciate your input. Now somebody give me a question that’s real.’

‘I appreciate you too,’ she finished.

Tensions are running high on Day 36 of the government shutdown, now the longest such standoff in U.S. history.

It was Johnson’s first shutdown press conference after Tuesday night’s sweeping victories for Democrats during elections in Virginia, New Jersey and New York City.

Republicans had anticipated Democrats’ resolve was weakening amid a lack of funding for food aid programs and paychecks for air traffic controllers, but Tuesday night’s wins appear to have emboldened some on the left as well.

The House passed a short-term federal funding bill on Sept. 19 aimed at giving lawmakers until Nov. 21 to strike a deal on fiscal year (FY) 2026 spending levels.

But at least some Democrats are needed to advance the legislation in the Senate, where it’s failed 14 times over the left’s demand that any funding deal be paired with an extension of COVID-19 pandemic-era Obamacare subsidies that are set to expire at the end of this year.

Republicans have contended that federal funding and healthcare are issues that must be considered separately.

This post appeared first on FOX NEWS

A new bipartisan bill introduced by Sens. Josh Hawley, R-Mo., and Richard Blumenthal, D-Conn., would bar minors (under 18) from interacting with certain AI chatbots. It taps into growing alarm about children using ‘AI companions’ and the risks these systems may pose.

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What’s the deal with the proposed GUARD Act?

Here are some of the key features of the proposed Guard Act:

  • AI companies would be required to verify user age with ‘reasonable age-verification measures’ (for example, a government ID) rather than simply asking for a birthdate.
  • If a user is found to be under 18, a company must prohibit them from accessing an ‘AI companion.’
  • The bill also mandates that chatbots clearly disclose they are not human and do not hold professional credentials (therapy, medical, legal) in every conversation.
  • It creates new criminal and civil penalties for companies that knowingly provide chatbots to minors that solicit or facilitate sexual content, self-harm or violence.

The motivation: lawmakers cite testimony of parents, child welfare experts and growing lawsuits alleging that some chatbots manipulated minors, encouraged self-harm or worse. The basic framework of the GUARD Act is clear, but the details reveal how extensive its reach could be for tech companies and families alike.

Why is this such a big deal?

This bill is more than another piece of tech regulation. It sits at the center of a growing debate over how far artificial intelligence should reach into children’s lives.

Rapid AI growth + child safety concerns

AI chatbots are no longer toys. Many kids are using them. Hawley cited more than 70 percent of American children engaging with these products. These chatbots can provide human-like responses, emotional mimicry and sometimes invite ongoing conversations. For minors, these interactions can blur boundaries between machine and human, and they may seek guidance or emotional connection from an algorithm rather than a real person.

Legal, ethical and technological stakes

If this bill passes, it could reshape how the AI industry manages minors, age verification, disclosures and liability. It shows that Congress is ready to move away from voluntary self-regulation and toward firm guardrails when children are involved. The proposal may also open the door for similar laws in other high-risk areas, such as mental health bots and educational assistants. Overall, it marks a shift from waiting to see how AI develops to acting now to protect young users.

Industry pushback and innovation concerns

Some tech companies argue that such regulation could stifle innovation, limit beneficial uses of conversational AI (education, mental-health support for older teens) or impose heavy compliance burdens. This tension between safety and innovation is at the heart of the debate.

What the GUARD Act requires from AI companies

If passed, the GUARD Act would impose strict federal standards on how AI companies design, verify and manage their chatbots, especially when minors are involved. The bill outlines several key obligations aimed at protecting children and holding companies accountable for harmful interactions.

  • The first major requirement centers on age verification. Companies must use reliable methods such as government-issued identification or other proven tools to confirm that a user is at least 18 years old. Simply asking for a birthdate is no longer enough.
  • The second rule involves clear disclosures. Every chatbot must tell users at the start of each conversation, and at regular intervals, that it is an artificial intelligence system, not a human being. The chatbot must also clarify that it does not hold professional credentials such as medical, legal or therapeutic licenses.
  • Another provision establishes an access ban for minors. If a user is verified as under 18, the company must block access to any ‘AI companion’ feature that simulates friendship, therapy or emotional communication.
  • The bill also introduces civil and criminal penalties for companies that violate these rules. Any chatbot that encourages or engages in sexually explicit conversations with minors, promotes self-harm or incites violence could trigger significant fines or legal consequences.
  • Finally, the GUARD Act defines an AI companion as a system designed to foster interpersonal or emotional interaction with users, such as friendship or therapeutic dialogue. This definition makes it clear that the law targets chatbots capable of forming human-like connections, not limited-purpose assistants.

How to stay safe in the meantime

Technology often moves faster than laws, which means families, schools and caregivers must take the lead in protecting young users right now. These steps can help create safer online habits while lawmakers debate how to regulate AI chatbots.

1) Know which bots your kids use

Start by finding out which chatbots your kids talk to and what those bots are designed for. Some are made for entertainment or education, while others focus on emotional support or companionship. Understanding each bot’s purpose helps you spot when a tool crosses from harmless fun into something more personal or manipulative.

2) Set clear rules about interaction

Even if a chatbot is labeled safe, decide together when and how it can be used. Encourage open communication by asking your child to show you their chats and explain what they like about them. Framing this as curiosity, not control, builds trust and keeps the conversation ongoing.

3) Use parental controls and age filters

Take advantage of built-in safety features whenever possible. Turn on parental controls, activate kid-friendly modes and block apps that allow private or unmonitored chats. Small settings changes can make a big difference in reducing exposure to harmful or suggestive content.

4) Teach children that bots are not humans

Remind kids that even the most advanced chatbot is still software. It can mimic empathy, but does not understand or care in a human sense. Help them recognize that advice about mental health, relationships or safety should always come from trusted adults, not from an algorithm.

5) Watch for warning signs

Stay alert for changes in behavior that could signal a problem. If a child becomes withdrawn, spends long hours chatting privately with a bot or repeats harmful ideas, step in early. Talk openly about what is happening, and if necessary, seek professional help.

6) Stay informed as the laws evolve

Regulations such as the GUARD Act and new state measures, including California’s SB 243, are still taking shape. Keep up with updates so you know what protections exist and which questions to ask app developers or schools. Awareness is the first line of defense in a fast-moving digital world.

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Think your devices and data are truly protected? Take this quick quiz to see where your digital habits stand. From passwords to Wi-Fi settings, you’ll get a personalized breakdown of what you’re doing right and what needs improvement. Take my Quiz here: Cyberguy.com.

Kurt’s key takeaways

The GUARD Act represents a bold step toward regulating the intersection of minors and AI chatbots. It reflects growing concern that unmoderated AI companionship might harm vulnerable users, especially children. Of course, regulation alone won’t solve all problems, industry practices, platform design, parental involvement and education all matter. But this bill signals that the era of ‘build it and see what happens’ for conversational AI may be ending when children are involved. As technology continues to evolve, our laws and our personal practices must evolve too. For now, staying informed, setting boundaries and treating chatbot interactions with the same scrutiny we treat human ones can make a real difference.

If a law like the GUARD Act becomes reality, should we expect similar regulation for all emotional AI tools aimed at kids (tutors, virtual friends, games) or are chatbots fundamentally different? Let us know by writing to us at Cyberguy.com.

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Copyright 2025 CyberGuy.com.  All rights reserved. 

This post appeared first on FOX NEWS

Democrat Abigail Spanberger defeated Republican Winsome Earle-Sears to win the Virginia governor’s race, tallying significant leads among reliable Democratic groups while capitalizing on economic worries and the deep unpopularity of President Donald Trump in the state.

Spanberger will be the first woman to hold the office in the Old Dominion State.

The former Virginia congresswoman replaces term-limited Republican Governor Glenn Youngkin, who was the first Republican to win a statewide election in Virginia in 12 years when he was elected in 2021. That race surprised many in that it was much closer than the 2020 presidential race the year before, when Joe Biden defeated Trump by 10 points. This year it was the other way around, with Spanberger well exceeding the 2024 presidential margin that saw Harris over Trump by only six points.

Trump was undoubtedly a factor in the race, even though he wasn’t on the ballot. Close to six in 10 Virginia voters disapproved of the job he is doing, while more than half said they strongly disapprove. The vast majority of these voters backed Spanberger.

Two-thirds of Spanberger supporters said their vote was expressly to show opposition to the president. That compares to about one-third of those backing current Lt. Governor Earle-Sears who said theirs was to show support.

Aside from those sending a signal of opposition to Trump, Spanberger’s strong appeal to Black voters, college graduates and the young was more than enough to offset Earle-Sears’ strength among White men, White evangelicals and those with no college degree, according to near-final data from the Fox News Voter Poll, a survey of more than 4,000 Virginia voters.

Not even the prospect of voting for the first Black woman governor of any state seemed to move Black voters, who backed Spanberger by about a nine to one margin.

Spanberger also benefited from a significant gender gap. Indeed, 65% of women backed her compared to 35% for Earle-Sears, a 30-point advantage; and men supported Earle-Sears by 4 points (48% for Spanberger, 52% Earle-Sears) – leaving a gender gap of 34 points, one of the largest in recent memory.

Neither party is very popular in the state, half of voters said they have an unfavorable opinion of Democrats, and more than half felt that way about Republicans.

Between the two candidates, however, Spanberger garnered a net-positive rating – more than half had a favorable opinion of her – compared to Sears, and more than half viewed her unfavorably.

Voters continue to be happy with Youngkin. More than half approved of the job he is doing as governor.

The top characteristic Virginia voters wanted in a candidate was someone who shares their values, followed by someone who is honest and trustworthy.

Values voters broke for Earle-Sears while Spanberger carried those looking for honesty.

Spanberger focused heavily on the economy during the campaign, specifically banging home the deleterious effects that Trump administration efforts to upend government in D.C. are having on Virginia, home to a large number of federal workers.

More than six in 10 of those federal employees backed Spanberger.

The economy was by far the top issue for Virginia voters – with close to half ranking it as the most important. Those voters broke significantly for Spanberger.

Healthcare was the second most important concern – another issue Spanberger hit hard in the wake of the federal government shutdown and people facing the possible loss of health benefits.

Those voters who said healthcare was their number one issue went overwhelmingly for Spanberger – by about four to one.

Overall, Virginia voters – about six in 10 – think the economy is doing pretty well. Those voters backed Earle-Sears.

But when it comes to their own family’s finances, most said they were either holding steady or falling behind. Both of those groups went for Spanberger.

And of the six in 10 voters who said the federal budget cuts had affected their family finances, they backed Spanberger as well.

Two issues that got significant attention from Earle-Sears in the campaign were controversies about trans rights, and the disclosure of violent texts from the Democratic candidate for attorney general.

Fewer than half of voters found the texts sent by Democrat Jay Jones, threatening a fellow lawmaker, disqualifying from the job of attorney general. Those who did broke strongly for Earle-Sears.

The rest, though – who said the texts were concerning but not disqualifying, were not a concern, or who simply didn’t know enough – went strongly for Spanberger.

It was suspected that some voters might split their votes, backing Spanberger for governor but Republican Jason Miyares for attorney general. That did not happen. Those Democrats defecting to Miyares remained in the single digits, and Jones was declared the winner.

On transgender rights, voters have mixed views. Half said support has gone too far – the position Earle-Sears took, with special emphasis on its effect on schools and girls’ sports. The other half, however, said support has not gone far enough, or it’s been about right.

Those who said it’d gone too far backed Earle-Sears by almost four to one, while those who disagreed went hard for Spanberger.

In the end, the headwinds of Trump’s unpopularity and the ire of the vast number of federal workers in the state was too much for Earle-Sears to overcome.

Only about a third of Virginia voters are happy with the direction the country is going, and while these voters overwhelmingly backed Earle-Sears, the other two-thirds went big for Spanberger. Of the four in 10 who are actually angry about how things are going, almost all of them – more than nine in 10 – backed Spanberger.

Asked about Trump’s immigration enforcement efforts, more than half say it has gone too far, and, perhaps not surprisingly, most of these voters backed Spanberger.

Almost all Democrats voted for Spanberger, as did a few Republicans. Earle-Sears was unable to generate any sort of crossover appeal, while winning most Republicans. The small group of independents favored Spanberger.

The Fox News Voter Poll is based on a survey conducted by SSRS with Virginia registered voters. This survey was conducted October 22 to November 4, 2025, concluding at the end of voting on Election Day. The poll combines data collected from registered voters online and by telephone with data collected in-person from Election Day voters at 30 precincts per state/city. In the final step, all the pre-election survey respondents and Election Day exit poll respondents are combined by adjusting the share of voting mode (absentee, early-in-person, and Election Day) based on the estimated composition of the state/city’s final electorate. Once votes are counted, the survey results are also weighted to match the overall results in each state. Results among more than 4,500 Virginia voters interviewed have an estimated margin of sampling error of plus or minus 2.1 percentage points, including the design effects. The error margin is larger among subgroups.

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(TheNewswire)

GRANDE PRAIRIE, ALBERTA TheNewswire – Nov. 5, 2025 – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces the results of our North Bokor seismic program leading to the confirmation of a third anticlinal dome structure buried under the flat valley bottom lands within our Block VIII boundaries.

After identifying closed anticline structures in both South Bokor and Central Bokor on Block VIII, with potential drilling targets, finding another potentially closed anticline is very positive.  Angkor’s subsidiary EnerCam Resources Co. Cambodia Ltd. (‘EnerCam’) has now added a third potential target for oil and gas drilling in the coming year.  Finding and proving up a commercial hydrocarbon reservoir will define the first onshore hydrocarbon resource in the nation of Cambodia.

The North Bokor structure brings another anticline to our proposed targets on the west side of the Block VIII oil and gas license.  A noticeable difference from both the Central Bokor and South Bokor structures is that our mapped regional unconformity surface at North Bokor is found at significantly shallower depths.  The illustration below shows the crest is located between 150-200ms two-way-time (TWT) below surface, making this some 300-400 metres below the surface of the valley floor.

Click Image To View Full Size

Figure 1 – Interpolated structure of the North Bokor anticline from our 2D seismic program.

The North Bokor seismic does not confirm a closed structure, however management is confident that this anticline structure will prove to be closed based upon the surrounding physical features of the hills to the west and east of the North Bokor valley floor.  The illustration above clearly follows the general fold trend of the South and Central Bokor prospects, identified in recent disclosures.

(please see October 15, 2025 release: Angkor Resources IDENTIFIES SECOND DRILL TARGET FOR OIL & GAS ON ITS BLOCK VIII, CAMBODIA | Angkor Resources Corp. )

South Bokor and Central Bokor sub basins have identified significant closed anticline structures with approximately 48 and 60 square kilometres respectively of closure beneath the regionally mapped unconformity surface.


Click Image To View Full Size

Figure 1 : – Southwest to Northeast Seismic line showing the anticlinal expression developed in the Bokor North valley bottom and flanking hills.

Keith Edwards, Technical manager for EnerCam, comments on the seismic lines and what they tell readers:  ‘The fact that the regional unconformity surface we have been mapping is so close to the surface here means that we will have an easier time drilling down to some of our deeper targets in this part of our western half of Block VIII.’


Click Image To View Full Size

Figure 3: – A West to East Seismic line through the North Bokor Structure displaying general seismic stratigraphy across this sub basin.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia.

Its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII.   The company then removed all parks and protected areas and added 220 square kilometres, making the license just over 4095 square kilometres.  EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as an oil and gas producing nation.

Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in oil and gas production in Saskatchewan, Canada and undertaken carbon and gas capture to reduce emissions.  ANGKOR’s carbon capture and gas conservation project is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions.

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects of copper and gold.

CONTACT: Delayne Weeks – CEO

Email:- info@angkorresources.com Website: angkor resources.com Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

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.

_____________________________________

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results o f future exploration, and the availability of financing.

Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (OTCQB: LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’) is pleased to announce the launch of a brokered private placement of gold-linked convertible notes with a minimum principal amount of $4,000,000 and up to a maximum principal amount of $7,000,000 (the ‘Gold-Linked Note Financing’). Proceeds from the Gold-Linked Note Financing will be used for general corporate purposes as well as operations, equipment and other expenses related to the restart of the Company’s Beacon Gold Mill, a wholly-owned project with mine, mill and tailings pond located near Val d’Or, Québec, in Canada’s prolific Abitibi greenstone belt. Additional details on the Gold-Linked Note Financing are included below.

Gold Linked Note Financing:

  • The Notes represent an unsecured obligation of the Company, and each Note may be converted, at the option of the holder, into common shares in the capital of the Company (‘Common Shares‘) at a price of $0.80 per Common Share.
  • The Notes bear interest at a rate of 12% per annum on the aggregate principal amount of the Notes, calculated and payable semi-annually. The Notes will mature on or around November 30, 2028.
  • The principal amount of Notes outstanding will be reduced by the Company on an annual basis on an annual basis (the ‘Principal Payment Dates‘), commencing on January 1, 2027, and ending with the final payment on November 30, 2028.
    • FMI Securities Inc. (the ‘Agent‘) will be lead agent and sole bookrunner for the Gold-Linked Note Financing. In connection with the Gold-Linked Note Financing, and pursuant to the terms of an agency agreement to be entered into between the Company and the Agent, the Company will:
      • pay the Agent a cash fee equal to seven percent (7.0%) (reduced to four percent (4.0%) for any President’s List purchasers) of the gross proceeds from the sale of Notes, including any Notes sold pursuant to the Agents Option (defined herein); and
      • issue the Agent broker warrants (the ‘Broker Warrants‘) equal to seven percent (7.0%) (reduced to four percent (4.0%) for any President’s List purchasers) of the number of Notes sold in the Gold-Linked Note Financing. The Broker Warrants shall have an exercise price equal to $0.80 and will be exercisable for a period of two (2) years from the date of issuance.
    • The Agent will have the option (the ‘Agents Option‘) to sell up to an additional $750,000 of the Notes, exercisable, in whole or in part, at any time up to 48 hours prior to the closing of the Gold-Linked Note Financing to cover over-allotments, if any.

    All securities issued in connection with the Gold-Linked Note Financing will be subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable Canadian securities laws.

    This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    QUALIFIED PERSON STATEMENT

    All scientific and technical information contained in this news release has been prepared and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the Company and considered a Qualified Person (QP) for the purposes of NI 43-101.

    About LaFleur Minerals Inc.
    LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (OTCQB: LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. LaFleur Minerals’ fully-refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.

    ON BEHALF OF LaFleur Minerals INC.
    Paul Ténière, M.Sc., P.Geo.
    Chief Executive Officer
    E: info@lafleurminerals.com
    LaFleur Minerals Inc.
    1500-1055 West Georgia Street
    Vancouver, BC V6E 4N7

    Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

    Cautionary Statement Regarding ‘Forward-Looking’ Information

    This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements in this news release include, without limitation, statements related to the Offering and anticipated use of proceeds therefrom. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

    Not for distribution to the United States newswire services or for dissemination in the United States

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273231

    News Provided by Newsfile via QuoteMedia

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    Investor Insight

    Sarama Resources offers a compelling investment opportunity driven by a US$242 million, plus interest, fully-funded arbitration claim and two belt-scale gold projects encompassing 1,000 sq km of the Cosmo-Newbery and Jutson Rocks Greenstone Belts in Western Australia’s highly prolific Laverton Gold District, which lies within the wider world-renowned Eastern Goldfields region.

    Overview

    Sarama Resources (TSXV:SWA, ASX:SRR) is an Australia-based gold exploration and development company with a dual value proposition: significant exploration upside in the world class Eastern Goldfields of Western Australia and a fully funded international arbitration claim against the Government of Burkina Faso.

    Arbitration Claim

    Sarama is pursuing an arbitration claim seeking no less than US$242 million in damages, plus interest, relating to the unlawful withdrawal of its Tankoro Deposit in Burkina Faso. The claim is fully financed through a non-recourse loan facility with Locke Capital and is being prosecuted by leading law firm Boies Schiller Flexner, which has secured major recent awards for peers including Indiana Resources (US$120 million), GreenX Metals (AU$490 million) and Lupaka Gold (US$67 million).

    Exploration Opportunity

    The company controls two belt-scale projects in the prolific Laverton Gold District, together covering ~1,000km² and more than 100km of strike in highly prospective but historically underexplored terrain. The flagship Cosmo gold project (580 sq km) dominates the Cosmo-Newbery Greenstone Belt, while the Mt Venn project (420 sq km) covers the Jutson Rocks Belt just 40 km away. Both lie near world-class deposits including Gruyere (+8 Moz) and Garden Well (2.5 Moz), benefit from excellent road access and nearby mills, and will see maiden drilling commence in Q4 CY25.

    Sarama’s experienced board and management team have a proven discovery track record, including the +20 Moz Kibali Mine (DRC) and the +3 Moz Sanutura Project (Burkina Faso).

    Company Highlights

    Dual Value Drivers

    • Arbitration Claim – Fully funded, US$242 million, plus interest, arbitration claim against the Government of Burkina Faso, potentially worth multiples of Sarama’s current market capitalisation.
    • Exploration Upside – Two underexplored, belt-scale gold projects in Western Australia’s prolific Laverton Gold District, together spanning ~1,000 sq km with >100 km of prospective strike.

    Arbitration Claim

    • Large-scale Claim – Seeking damages of US$242 million, plus interest, relating to the illegal withdrawal of rights to the multi-million-ounce Tankoro Deposit.
    • Fully Funded – Backed by a US$4.4 million four-year non-recourse funding facility covering all fees and expenses related to the claim.
    • Top Legal Team – The company is represented by Boies Schiller Flexner (UK) LLP, a leading international law firm with significant experience in investor-state arbitration and a strong track record in the natural resources sector. The team is led by Timothy Foden who has won six out of six cases over the past two years including awards for Indiana Resources (ASX:IDA), GreenX Metals (ASX:GRX) and Lupaka Gold (TSX-V:LPK).
    • Bilateral Treaty Protections – As a Canadian company, Sarama benefits from protections under the Canada-Burkina Faso Bilateral Investment Treaty and proceedings are underway at ICSID under the bilateral treaty protections.
    • Proven Precedent – Comparable claims prosecuted by the same team have delivered major settlements, including US$120 million (Indiana Resources), AU$490 million (GreenX Metals) and US$67 million (Lupaka Gold).

    Exploration Opportunity

    • Cosmo & Mt Venn Projects – The flagship Cosmo project covers 580 sq km of the underexplored Cosmo-Newbery Greenstone Belt. Complementing this, Sarama holds an 80 percent interest in the Mt Venn project (420 sq km), located only 40 km from Cosmo and close to Gruyere (+8 Moz), Garden Well (2.5 Moz) and Golden Highway (1 Moz).
    • Favourable Setting – Situated in highly prospective greenstone belts with excellent road access and several underutilised nearby mills, significantly lowering development hurdles.
    • Untapped Potential – Historical land access restrictions meant limited prior exploration; current programs are designed to unlock this potential.
    • Pipeline of Work – Drill-ready targets with first drilling and follow-up exploration programs planned and awaiting heritage clearance, tentatively scheduled for Q4 CY25.

    Team Track Record

    • Led by a seasoned group with over 30 years’ experience each, credited with major gold discoveries including the +20 Moz Kibali Mine (DRC) and the 3 Moz Tankoro Deposit (Burkina Faso).

    Key Projects

    Cosmo Gold Project

    The Cosmo gold project is Sarama’s flagship exploration asset, covering 580 sq km of the Cosmo-Newbery Greenstone Belt in Western Australia’s Laverton Gold District. Located ~95 km from Laverton and accessible by predominantly paved roads, the project enjoys excellent infrastructure, with Kalgoorlie just four hours away. Cosmo is underlain by prospective Archaean volcanics with localised intrusions and shallow cover, yet has seen minimal modern exploration due to historic access restrictions. A major regional shear zone, interpreted to extend for more than 50km across the project, provides a strong structural framework for gold deposition.

    Gold was first discovered at Cosmo in the early 1900s, with multiple shafts and workings mapped and high-grade ore historically mined and transported to a stamp mill in Laverton. Early miners selectively targeted narrow quartz veins, which are unlikely to represent the main system but instead may point to a much larger, concealed mineralised system.

    Recent work by Sarama, including a soil geochemistry program completed in early 2025, has defined multiple kilometre-scale gold anomalies totalling 45 km in strike and up to 1.8 km in width. These anomalies confirm the presence of a large, coherent gold system and have outlined several high-priority drill targets. With historical evidence of mineralisation, favourable structural geology, and strong regional prospectivity, Cosmo presents a compelling opportunity for a major new discovery. Sarama plans to commence a maiden drilling program in late 2025.

    Mt Venn Gold Project

    The Mt Venn project is a recently acquired, belt-scale opportunity located in the Laverton Gold District of Western Australia. Operated under a joint venture where Sarama holds an 80 percent interest (Cazaly Resources 20 percent), Sarama acts as operator and manager. The project spans 420 sq km and captures the majority of the underexplored Jutson Rocks Greenstone Belt across ~50 km of strike length. A regionally extensive shear zone, 1–3 km wide, runs the full length of the belt with subordinate splays in the south, creating a favourable structural framework for gold deposition.

    Gold mineralisation was first identified in the 1920s, and subsequent exploration has defined a 35 km x 4 km gold corridor hosting multiple occurrences and kilometre-scale soil anomalies. Historic drilling at the Three Bears prospect intersected broad zones of mineralisation that remain open along strike and at depth. Importantly, the project also demonstrates polymetallic potential with copper, nickel, zinc and platinum group elements, a trait often associated with larger, more significant systems.

    Strategically located ~40 km from Sarama’s flagship Cosmo project, Mt Venn lies close to major deposits, including the +8 Moz Gruyere mine and the 1 Moz Golden Highway deposit. Together, Cosmo and Mt Venn provide Sarama with control over highly prospective and complementary ground, with Cosmo already hosting ~45 km of gold-anomalous trends and Mt Venn offering proven mineralisation, early drilling success and strong polymetallic prospectivity. With compelling targets identified across both projects, Sarama sees considerable exploration upside and intends to unlock this value through systematic, focused exploration programs.

    Management Team

    Andrew Dinning – Executive Chairman

    Andrew Dinning is a founder and the executive chairman of Sarama Resources. Dinning has over 35 years of experience in the international mining arena and has worked in Australia, the Democratic Republic of Congo, West Africa, the UK and Russia. He has extensive mine management, operations and capital markets experience and has spent most of his career in the gold sector.

    Dinning was a director and president of Moto Goldmines in the Democratic Republic of Congo from 2005 to 2009. He oversaw the development of the company’s Moto gold project (Kibali Gold) from two million to more than 22 million ounces of gold. Dinning took the project from exploration to pre-development. The Moto gold project was later taken over by Randgold Resources and AngloGold Ashanti for $600 million in October 2009.

    John (Jack) Hamilton – Vice-president of Exploration

    Jack Hamilton is a founder and the vice-president of exploration at Sarama Resources. Hamilton has 35 years of experience as a professional geologist. Hamilton has worked around the world for international resource companies. Before Sarama, he was the exploration manager for Moto Goldmines. At Moto Goldmines, he led the team that discovered the main deposits and resource at the world-class Moto gold project (now Kibali Gold) which has a resource of more than 22 million ounces. Hamilton specializes in precious metal exploration in Birimian, Archean and Proterozoic greenstone belts. He has worked and consulted in West, Central and East Africa for the past 30 years with various companies, including Barrick Gold, Echo Bay Mines, Etruscan Resources, Anglo American, Geo Services International and Moto Goldmines. Whilst at Moto Goldmines, he led the exploration team that took the Moto gold deposit from discovery to bankable feasibility. The Moto gold deposit was later sold to Randgold Resources and AngloGold Ashanti in October 2009.

    Paul Schmiede – Vice-president of Corporate Development

    Paul Schmiede is a major shareholder and the vice-president of corporate development at Sarama Resources. He is a mining engineer with over 30 years of experience in mining and exploration. Before joining Sarama Resources in 2010, Schmiede was vice-president of operations and project development at Moto Goldmines. At Moto Goldmines, he managed the pre-feasibility, bankable and definitive feasibility study for the more than 22 million-ounce Moto gold project (now Kibali Gold). Whilst at Moto Goldmines, he also managed the in-country environment, community studies and pre-construction activities. Before joining Moto Goldmines, he held senior operational and management positions with Goldfields and WMC Resources.

    Lui Evangelista – Chief Financial Officer

    Lui Evangelista is Sarama’s chief financial officer with 35 years of experience in accounting, finance and corporate governance with public companies. He has more than 20 years of experience in the mining industry – 10 years of which have been at the operational and corporate level with companies operating in Francophone Africa. Evangelista was a group financial controller and acting CFO at Anvil Mining which operated three mines in the DRC. He was an integral part of the senior management team that saw Anvil’s market capitalization grow from C$100 million in 2005 to C$1.3 billion upon takeover by Minmetals in 2012.

    Simon Jackson – Non-executive Director

    Simon Jackson is a founder, shareholder and non-executive chairman of Sarama Resources. Jackson is a Chartered Accountant with over 30 years of experience in the mining sector. He is the Chairman of Predictive Discovery and non-executive director of African gold producer Resolute Mining. He has previously held senior management positions at Red Back Mining, Orca Gold and Beadell Resources.

    Adrian Byass – Non-executive Director

    Adrian Byass has more than 30 years of experience in the mining industry. He has focused his career on the economic development of mineral resources. He is skilled in economic and resource geology. Byass has experience ranging from production in gold and nickel mines to the evaluation and development of mining projects with listed and unlisted entities in multiple countries. He has also held executive and non-executive board roles on both ASX and AIM-listed companies. Byass has played key roles in a range of exploration and mining projects in Australia, Africa, North America and Europe, covering a suite of commodities including gold, base and specialty metals.

    Michael Bohm – Non-executive Director

    Michael Bohm is a seasoned director and mining engineer in the resources industry. His career spans roles as a mining engineer, mine manager, study manager, project manager, project director, and managing director. He has been directly involved in the development of multiple mines in the gold, nickel, and diamond industries, and made significant contributions to Ramelius Resources during its formative years. This experience is particularly important as Sarama is currently in the process of rebuilding its operations in the Eastern Goldfields region of Western Australia. He is a current director of ASX-listed Riedel Resources and has previously been a director of ASX-listed Perseus Mining, Ramelius Resources, Mincor Resources NL and Cygnus Metals.

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    Here’s a quick recap of the crypto landscape for Wednesday (November 5) as of 9:00 a.m. UTC.

    Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

    Bitcoin and Ether price update

    Bitcoin (BTC) was priced at US$101,721, a 0.8 percent decrease in 24 hours. BTC’s lowest valuation today was US$99,075.89, and its highest was US$104,666.

    Bitcoin price performance, November 5, 2025.

    Chart via TradingView.

    Bitcoin is entering November on the defensive after suffering its first negative October in six years, a month traders have now dubbed “Red October’.

    The correction pulled prices below key technical levels and has raised questions about whether the downturn marks the start of a deeper bear phase or simply a healthy reset before the next rally.

    Overall sentiments point to a shaky market momentum remains in the near term. According to trader Ted Pillows, Bitcoin’s upcoming weekly close will be decisive: if Bitcoin manages to close the week above the EMA-50 with strong buying activity, it could confirm that prices have bottomed out. However, if it finishes below that threshold, it may signal that the downturn is only starting.

    Furthermore, Bitcoin has slipped below US$100,000 with losses over the past 48 hours climbing past 8 percent, its sharpest two-day decline in nine months. Data shows more than 235,000 BTC, which are worth roughly US$24 billion, were moved at a loss in the last 24 hours due to intensified panic selling.

    Whether Bitcoin stabilizes or extends its descent will depend largely on investor reaction in the coming days. If traders view the current dip as an entry point rather than an exit signal, analysts anticipate that November could lead to a swift turnaround.

    Ether (ETH) was priced at US$3,301.90, a 5.8 percent decrease in 24 hours. Its lowest valuation of the day was US$3,097.71, while its highest was US$3,576.09.

    Altcoin price update

    • Solana (SOL) was priced at US$155.60, down 3.2 percent over the last 24 hours. Its lowest valuation of the day was US$147.97, while its highest was US$164.71.
    • XRP was trading for US$2.22, a decrease of 1.7 percent over the last 24 hours. Its lowest valuation of the day was US$2.09, and its highest was US$2.32.

    Fear and Greed Index snapshot

    CMC’s Crypto Fear & Greed Index shows the continued deterioration of the current market sentiment, slipping down to 20 and further into ‘extreme fear’ territory as the chart dropped by -7 points overnight.

    Bitcoin itself has fallen almost 2 percent overnight, sitting roughly 19 percent below its October 7 all-time high of US$126,198.07. The cryptocurrency has now lost 10 percent over the past week.

    Crypto derivatives and market indicators

    Bitcoin derivatives metrics suggest traders are leaning cautiously bullish rather than risk-averse.

    Liquidations for contracts tracking Bitcoin have totaled approximately US$15.97 million in the last four hours, with the majority being short positions, a sign that bearish bets are being unwound as prices stabilize. Ether liquidations showed a similar pattern, with short positions making up most of the US$16.67 million in total liquidations.

    Futures open interest for Bitcoin was up by 2.30 percent to US$69.96 billion over four hours, while Ether futures open interest also gained 2.17 percent to US$39.05 billion, reflecting renewed leverage entering the market.

    The funding rate remains positive for both crytocurrencies, with Bitcoin at 0.004 and Ether at 0.002, indicating more overall bullish positioning than bearish.

    Bitcoin’s relative strength index stood at 36.50, suggesting that while price momentum remains subdued, it is approaching levels where a rebound could form if buying pressure strengthens.

    Today’s crypto news to know

    Ripple secures US$500 million boost at US$40 billion valuation

    Ripple has raised US$500 million in a new funding round led by Fortress Investment Group and Citadel Securities, valuing the company at US$40 billion.

    The investment follows Ripple’s $1 billion tender offer earlier this year at the same valuation, marking a continuation of investor confidence in the firm’s long-term outlook.

    Ripple said the funds will strengthen its partnerships with financial institutions and expand its services across custody, stablecoin issuance, and crypto treasury management. The company’s RLUSD stablecoin has gained traction for corporate payments amid clearer US regulations under the GENIUS Act.

    The funding also positions Ripple to deepen its role in global payments as more firms integrate stablecoins into settlement networks.

    Bitcoin slips below US$100,000 for the first time since June

    Bitcoin fell more than 7 percent this week to trade below the US$100,000 mark for the first time since June.

    The sharp dip extended a correction that has wiped out over 20 percent from its recent record high. Analysts attribute the decline not to leverage but to sustained selling from long-term holders and large investors.

    Research firm 10x found that wallets holding between 1,000 and 10,000 BTC offloaded about 400,000 coins in the past month, worth roughly US$45 billion.

    Analysts expect continued pressure through early 2026, though few foresee a full capitulation, with price consolidation likely around the mid-US$80,000 range before any recovery.

    Northern Data exits Bitcoin mining in US$200 million AI transition

    Northern Data Group, Europe’s largest Bitcoin mining company, is divesting its mining arm, Peak Mining, in a deal worth up to US$200 million as it pivots entirely toward artificial intelligence infrastructure.

    The transaction includes US$50 million in upfront cash and up to US$150 million in performance-based payments tied to future profits. The move follows the April 2025 Bitcoin halving, which cut mining revenues in half and accelerated the firm’s strategic shift.

    The company plans to repurpose its mining facilities in Texas for high-performance AI workloads, which can yield up to ten times more revenue per megawatt than Bitcoin mining. The company already owns over 220,000 GPUs through prior acquisitions.

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

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

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    Cybersecurity spending and innovation are accelerating globally, driven by AI-powered threats, cloud adoption and regulatory demands.

    Yet challenges remain, including talent shortages, evolving attack techniques and scaling technological solutions effectively across geographies. The cybersecurity landscape is grappling with an increasing number of breaches. IBM’s (NYSE:IBM) 2025 report found that nearly one in three incidents resulted from credential theft, with attackers able to access, exfiltrate and monetize login information through multiple avenues.

    Flare, a Canadian cybersecurity company specializing in threat exposure management (TEM), aims to shorten attackers’ windows of opportunity through proactive alerting and automated remediation using AI-driven analytics.

    Flare’s trajectory mirrors broader market imperatives to combine cutting-edge technology with adaptable, culturally aware execution to navigate complexities.

    Today, the company announced an additional US$30 million in a new round of funding, bringing the company’s total funding over the past year to US$60 million.

    Flare said it intends to use this capital to enhance the identity exposure management capabilities within its TEM platform and pursue strategic mergers and acquisitions.

    Company journey and evolution

    Founded in 2017 with an exclusive focus on financially motivated cybercrime on the dark web, the company has since broadened its scope to encompass all exposure management, an evolution that reflects the dynamic threat landscape and the need to identify any type of digital exposure an organization might face.

    “The team very quickly realized that in order to be a global company and scale, we needed to broaden the problem space that we were trying to solve for, and so that was just a natural evolution,” Menz explained.

    Flare’s platform is now designed to help organizations identify and manage exposure across the dark and clear web, as well as new risks stemming from new AI technologies.

    Menz identified two critical components of the exposure issue. The first is the sheer volume of data, now widely dispersed across enterprises and various AI providers, which significantly increases credential exposure risk.

    Menz cited the 2025 Verizon DBIR, which found that 88 percent of web application breaches are due to the use of stolen credentials. Flare’s identity exposure management, launched in October 2025, automates the detection and remediation of exposed credentials

    The second is identity exposure; not only human identities, but also the emerging non-human identities, such as AI agents. “What is the integrity of that agent?” Menz elaborated, “Are they doing the job that we’ve asked them to do, or has the data set that they’re working with been polluted? Has the instruction set that they’re working with, has that been polluted?

    “Going from not just external exposure management, but also to internal exposure management, we start looking at where the risk is coming from before the data gets exposed and leaked.”

    Strategic focus and innovation

    Flare is concentrating its efforts on developing a platform that can detect all types of exposure, with a specific emphasis on emerging threats originating from AI and the dark web.

    While AI is certainly a critical component of Flare’s strategy, Menz underscored that the technical challenge of monitoring the dark web, particularly in dynamic environments like Telegram, where Flare monitors over 50,000 channels, requires a mix of human-informed technology.

    Human knowledge directs the data collection and the application of initial filters, while algorithms and prioritization rules, developed through expert insight, efficiently process and sort vast amounts of data at scale. Automated crawlers mimic human review to determine content relevance, and generative AI enhances a prioritized subset of events by providing additional context, summarization or translation.

    A remote-first company with key talent hubs in Montreal, a place with a rich AI and tech ecosystem supported by world-class universities and competitive incentives, Menz attributes Flare’s success to its ability to attract and retain top AI and cybersecurity talent.

    “If you look at the work coming out of many of the universities in Canada, they’re very innovative, and it’s a very supportive ecosystem for AI.

    “Canada (also) has a number of AI-focused institutes such as AMII, MILA and the Vector Institute.” These institutions have played central roles in fostering AI research and innovation, including contributing to the Pan-Canadian AI Strategy.

    “In addition to that, Canada has a great reputation in areas like robotics and other types of industrial, autonomous innovations. And I think it’s because anywhere where you have a highly educated populace, which, frankly, only comes from strong government support, you end up with a big opportunity to innovate.”

    Menz also highlighted a common hurdle for Canadian startups: around 80 percent are acquired at below value, limiting their ability to scale into more significant players. He pointed to Cohere, a Canadian enterprise-grade AI company recently raising US$500 million with a valuation of over US$7 billion, as a positive exception.

    “As great as the community is, there needs to be a willingness for investors to lean in and support these companies at meaningful valuations so that they can be competitive in the market.”

    Future trends and challenges

    Looking ahead, Flare is focused on evolving its platform to manage the growing complexity of exposure risk, especially as enterprises adopt AI technologies.

    The company’s goal is to move closer to real-time prevention by automating responses such as locking accounts or forcing password resets, proactively protecting organizations before malicious actors can exploit vulnerabilities.

    Market expansion is integral to Flare’s strategy, with its European operations exemplifying the need to tailor solutions to diverse regulatory environments, languages and customer expectations.

    Menz said that Europe has quickly become the company’s second-largest market, while plans are underway for the Asia-Pacific entry.

    However, careful, phased growth aligned with local conditions is viewed as essential for sustainable success. “We try to move very quickly and be agile, but we want to lay the foundation to support the scale,” Menz said, emphasizing the importance of building strong foundational systems and processes that can sustain rapid growth without compromising stability or quality.

    Overall, Flare’s global strategy intertwines deep technological expertise with local market sensibilities and a strong cultural foundation, leaving it well-positioned in the emerging era of exposure management in cybersecurity worldwide.

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

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