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Trump claims Asia tour returned ‘trillions’ to US ahead of critical meeting with China’s Xi

President Donald Trump still has a major meeting on the agenda, but he’s already touting the success of his tour in Asia, saying it returned ‘trillions’ to the U.S.

‘Bringing back trillions of Dollars to USA! A great trip. Dealing with very smart, talented, and wonderful leaders,’ Trump wrote on Truth Social. ‘Tomorrow, President Xi of China. It will be a great meeting for both!!!’

Despite what he has been able to accomplish during his trip, all eyes will be on Trump as he sits down with Chinese President Xi Jinping on Thursday. Before he left for his trip, Trump vowed he would reach a ‘fantastic deal’ with China. The meeting will be the first in-person sit-down between the two leaders since Trump returned to the Oval Office in January.

While en route to South Korea, where he is expected to meet with Xi, Trump told reporters on Air Force One that fentanyl trafficking would be one of the focuses of the meeting. He also said he expected to make progress on ‘a lot of problems,’ including trade and tariffs.

‘The two heads of state will have in-depth communications on strategic and long-term issues,’ a spokesperson for China’s Foreign Ministry told Reuters, confirming the highly anticipated meeting.

While abroad, Trump inked deals with Malaysia, Thailand, Cambodia, Japan and South Korea. He also worked out reciprocal trade frameworks with Thailand and Vietnam. The trade agreements with Malaysia and Cambodia eliminated or significantly reduced tariffs on U.S. exports. The White House said that under these agreements, non-tariff barriers will be addressed and market access for U.S. products will be expanded. 

While in Malaysia, Trump was also able to secure billions in investments and a critical minerals deal that the White House says will expand trade and investment. Additionally, in Thailand, Trump landed a critical minerals deal that would promote partnerships between American and Thai companies, according to the White House.

In Japan, Trump announced that Tokyo agreed to expand its previous $550 billion investment commitment to the U.S. Additionally, he signed a critical minerals agreement and deepened cooperation between the U.S. and Japan to combat illegal drug trafficking. 

The investment commitments from Japan stretch across several industries, including artificial intelligence and energy. Additionally, Trump and Japanese Prime Minister Takaichi Sanae announced that they directed ‘relevant ministers and secretaries to take further steps for a NEW GOLDEN AGE of the ever-growing U.S.-Japan alliance.’

While in South Korea, Trump secured deals that the White House said were worth billions. This includes a deal in which Korean Air will purchase 103 new Boeing aircraft valued at $36.2 billion. In another deal, the Korea Gas Corporation committed to purchasing 3.3 million tons of U.S. liquefied natural gas per year via long-term agreements with sellers.

South Korea gifted Trump with the ‘Grand Order of Mugunghwa,’ the country’s highest decoration, according to Reuters. He also received a replica of a royal crown from the ancient Silla Kingdom, symbolizing Seoul’s recognition of his prior diplomatic efforts.

Additionally, Trump kicked off his trip at the signing of the Kuala Lumpur Peace Accords, ending the military conflict between Cambodia and Thailand. Trump had previously threatened higher tariffs against both countries to push them into agreeing to end the fighting, which left dozens of people dead and hundreds of thousands displaced.

While Trump expressed openness to sitting down with North Korean dictator Kim Jong Un, no meeting has been scheduled.

Fox News Digital’s Landon Mion and Christina Shaw contributed to this report.

This post appeared first on FOX NEWS

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‘Unprecedented’ panel of federal judges will tackle antisemitism at upcoming Federalist Society conference

Federal judges will tackle antisemitism at an annual convention next week, joining a rare multi-judge panel in a forum typically reserved for one-person lectures, Fox News Digital has learned. 

U.S. District Judge Roy Altman, who will moderate the discussion, said the panel is ‘unprecedented’ and a needed change to address what he said was a rise in antisemitism in the aftermath of Hamas’ terrorist attack on Israel in 2023. The panel is part of the Federalist Society’s annual National Lawyers Convention.

‘This conversation on faith, understanding, and moral responsibility could not be more timely,’ Altman said. ‘It reflects the importance of the moment, the endurance of Western values, and Judge [Robert] Bork’s abiding belief in moral clarity and in the strength that comes from open dialogue.’

The event has for years been named after the late Bork, who, incidentally, once helped break a law firm’s avoidance of hiring Jewish lawyers, according to Senate testimony by his peers in 1987. 

The judges who will participate in the discussion include seven Trump appointees, including Altman, one appointee of former President George Bush, and a justice of the Texas Supreme Court.

In an interview with Fox News Digital, Altman, a vocal Jewish judge who is based in the Southern District of Florida, said he has also arranged numerous trips for federal judges of varying faiths to visit Israel after the Oct. 7 attack.

He said that although his personal conversations about Israel had largely been centered on campuses, ‘it became clear’ to him that the judiciary needed to chime in because heated discourse surrounding the topic involved legal questions.

The deadly attack in Israel reignited conflict in Gaza and led to nationwide anti-Israel protests, especially on U.S. college campuses. Protesters claimed Israel was killing thousands of innocent Palestinians in Gaza indiscriminately, while the Israeli government said it gave fair warning about its offensive and that its targets were Hamas terrorists.

‘Those claims, is Israel violating the laws of war? Is it an apartheid state? Does it occupy land that doesn’t belong to it?’ Altman said. ‘Those are just legal questions with legal answers, and I thought, who better than federal judges to understand what the applicable legal rule is, to adduce and find out what the relevant facts are, and then to apply the facts to the law and issue a judgment, than a federal judge.’

Some of the judges who will participate on the panel have been on Altman’s Israel trips.

The Federalist Society indicated that the judges plan to speak about their personal experiences talking with people of other faiths about anti-Jewish sentiments. They also plan to address First Amendment concerns surrounding antisemitism.

The discussion comes as the Trump administration has aggressively targeted noncitizens for speech that it has claimed in court is at odds with its national security posture because it is too critical of Israel and potentially supportive of Hamas.

Free speech proponents have warned that offensive and politically charged speech is protected under the Constitution. In the case of Mahmoud Khalil, which has become a flashpoint in these discussions, the courts have been examining the extent to which noncitizens enjoy First Amendment protections.

Altman said he has observed a one-sidedness in the opposite direction on campuses and that pro-Israel expression has been suppressed. Just this year, New York University canceled Jewish legal scholar Ilya Shaprio’s talk there because of what it said were security risks from protesters.

‘I was shocked, honestly, to discover that so many young people in our country, especially on our college campuses, had a totally incorrect view about the one Jewish state in the world and its role in the Middle East and its history and how it came to be, and it also became clear that the sort of debate that was taking place on campus wasn’t really a debate, because only one side of the story was being told,’ Altman said.

This post appeared first on FOX NEWS

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Sankamap Announces Airborne Geophysical Survey Results Highlighting Promising Anomalies

Sankamap Metals Inc. (CSE: SCU) (‘Sankamap’ or the ‘Company’) is pleased to announce the completion of data processing and reports from Expert Geophysics for the 374 line-kilometer Airborne Magnetotelluric EM Survey (‘Mobile MT’) completed in July 2025. The survey covered 3,500 hectares of Sankamap’s 4,500-hectare (‘Ha’) Kuma property (‘Kuma’) (populated areas excluded) located 37 kilometers (‘km’) southeast of Honiara in south-central Guadalcanal, Solomon Islands.

CEO John Florek commented:

‘We are very encouraged by the results of the airborne geophysical survey, which reveal clear signatures consistent with porphyry-style mineralization. The strong alignment between these geophysical features, surface geochemistry, and alteration mapping gives us greater confidence in the continuity of mineralization at depth and helps refine our upcoming drill targets.’

Highlights

  • The results of the Mobile MT survey at Kuma reveals a broad 5 x 2 km ring-shaped zone of high conductivity that flanks a central 2 x 3 km highly resistive feature (see Figure 2), with the conductive feature spatially correlating to the mapped lithocap.
  • Geophysical data indicate potential for multiple intrusive centers and porphyry systems, while the alignment of magnetic and conductive trends suggests structural controls or fluid pathways associated with mineralization.
  • The resistive and conductive trends display typical porphyry signatures, similar to other economic porphyry systems currently being mined.

The results from the 2025 Mobile MT survey delineate resistive and conductive features consistent with porphyry, epithermal, and skarn-style mineral systems. The geophysical data further corroborate earlier surface exploration findings at the Kuma property, which delineated a well-developed lithocap exceeding two kilometers in extent. Hyperspectral analysis has outlined extensive phyllic, argillic, and advanced argillic alteration zones, while grab sampling has returned impressive assay results of up to 11.7% copper (‘Cu’) and 13.5 g/t gold (‘Au’), underscoring the strength and continuity of mineralization within the system.

The Kuma Project is strategically located along a highly prospective trend that hosts several major deposits; Lihir containing 71 Moz Au1 (310 Mt containing 23 Moz Au at 2.3 g/t Proven+Probable (‘P&P’), 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred) and Panguna containing 19.3 Moz Au + 5.3 Mt Cu2 (1.5 Mt containing 16.1 Moz Au at 0.33 g/t and 4.6 Mt Cu at 0.3 % Indicated, 300 Mt containing 3.2 Moz Au 0.4 g/t and 0.7 Mt Cu Inferred), both share geological similarities to the Kuma project.

Technical Discussion

Porphyry Cu-Au systems can exhibit a broad spectrum of electromagnetic (EM) responses, reflecting different host rocks, alteration styles, erosional levels and geological conditions unique to each system. For example, systems with intact lithocaps, which is potentially the case at Kuma, often differ from those with eroded or exposed mineralized cores, producing either predominantly conductive or resistive EM signatures.

As at Kuma, most calc-alkaline porphyry systems exhibit elevated electrical conductivity, largely attributable to extensive pyritic halos and mica-rich alteration zones that envelop a potassic core (as displayed in Figure 2 and 3). This core typically appears as a distinctly resistive feature, reflecting zones of magnetite or K-feldspar alteration characterized by relatively low sulfide concentrations.

In July 2025, Expert Geophysics was engaged to conduct a 374 line-kilometer airborne geophysical survey (Mobile MT), which was flown along north-south lines at 100-meter intervals (Figure 1).

The final geophysical data processing has been completed. Sankamap, together with Expert Geophysics and independent geophysical consultants familiar with this type of data, have reviewed the results. The survey highlights several significant geophysical features that will assist in defining the next phase of exploration and drill targeting.

Figure 1: Kuma property and lithocap extent with Mobile MT survey flight lines.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11623/272353_a2474b4434dceb50_002full.jpg

The geophysical models reveal a highly conductive feature that forms a continuous ring-shaped zone flanking a central resistive body. This conductive anomaly appears consistent with a potassic intrusive core or a resistive intrusive complex at depth. Notably, the highest conductivity corresponds with surface zones of advanced argillic and clay-mica alteration (Figure 2).

The conductivity and resistivity highs coincide with a previously mapped annular topographic depression, suggesting potential preferential erosion within the propylitic alteration zone surrounding a core of phyllic-altered rocks (Figure 2). The alignment of these geophysical, geological, and geomorphological features supports a coherent porphyry-style hydrothermal model, with a resistive intrusive core surrounded by conductive alteration halos and erosional depressions marking outer alteration zones.

The integration of these datasets provides a strong 3D framework for ongoing exploration and drill targeting.

Figure 2: Apparent conductivity map from Mobile MT survey on the Kuma property at -200m elevation.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11623/272353_a2474b4434dceb50_003full.jpg

Figure 3: Resistivity section at 8919250 mN from Mobile MT survey on the Kuma property.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11623/272353_a2474b4434dceb50_004full.jpg

Strategic Plan

  • Acquisition and deployment of drilling equipment underway in preparation for the January 2026 drilling campaign.

Kuma Property

  • Target Refinement: Ongoing analysis of newly released geophysical and geological datasets to define and prioritize high-quality drill targets.
  • Pad & Camp Construction: Scheduled to begin in late November.
  • Field Visit: Planned for early November to ground-truth targets, verify geological interpretations, and finalize logistics.
  • Drilling Program: Inaugural campaign to commence in January 2026, marking a key milestone in advancing the Kuma Project toward discovery.

Fauro Property

  • Prospecting activities to begin, following up on additional magnetic highs associated with elevated gold and copper values (see press release dated July 16, 2025).

Corporate & Investor Relations

  • Upcoming exploration milestones to serve as key catalysts for shareholder value creation.
  • Targeted marketing campaign underway to showcase the company’s exploration potential and investment opportunity.

Grant of Options

Subject to regulatory approval, the Company has granted 2,250,000 stock options to its directors, officers and consultants, exercisable for five years at a price of $0.30.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newmont’s Lihir Mine, with a resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au2; underscoring the area’s significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au3. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au3, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au3, further underscoring the property’s strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.

1. Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

2. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

3. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Summary Technical Info 2012

QP Disclosure

The technical content for the Oceania Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person in accordance with CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and a director and officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ ‘John Florek’
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

Contact:
John Florek, CEO
T: (807) 228-3531
E: johnf@sankamap.com

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

Forward-Looking Statements Certain statements in this release constitute ‘forward-looking statements’ or ‘forward-looking information’ within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘estimate’, ‘scheduled’, ‘forecast’, ‘predict’ and other similar terminology, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. These statements reflect the company’s current expectations regarding future events, performance and results and speak only as of the date of this release.

Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272353

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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SAGA Metals Mobilizes Final Team for Major Drill Program at Radar Project in Labrador, Targeting Maiden Mineral Resource Estimate & Provides Corporate Update

Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company advancing critical mineral discoveries, is pleased to confirm the full mobilization of exploration crews and equipment for its highly anticipated major diamond drill program at the 100% owned Radar Titanium-Vanadium-Iron (Ti-V-Fe) Project in southeastern Labrador, Canada.

With site preparations now in the final stages of completion, SAGA is ready to mobilize the rest of its exploration team as drilling is set to commence in early November, targeting the expansion of known oxide mineralization at the Radar project and advancing toward a maiden mineral resource estimate (MRE) over the Trapper Zone.

This major program represents a key milestone in delineating the project’s potential as a strategic domestic source of titanium, vanadium, and high-grade iron ore—minerals critical for defense, aerospace, renewable energy storage, and advanced steel production.

Figure 1: Radar Project’s Trapper Zone depicting a 3+ km Total Magnetic Intensity (TMI) anomaly from the 2025 ground survey and the oxide layering trend. The Trapper Trail (in black) will be the target of the planned 15,000 m diamond drilling program aimed at establishing Saga’s maiden mineral resource estimation.

Final Camp and Equipment Preparations:

With the geologists and drilling team set to arrive in the coming days, SAGA’s on-site team is working through the final stages of camp preparations including personnel and kitchen trailer placement as well as furnishing a full core shack, cutting shack and logging facility.

Figure 2: Brandon Sainsbury and Saga Technicians building core facility in Cartwright

Figure 3: Saga’s team from Cartwright preparing the metal core racks on site.

Meanwhile, the Gladiator Drilling crew from Springdale, Newfoundland has been doing final checks and maintenance on the Duralite 800 drill and associated equipment. They are currently packing up and loading the trailers for mobilization.

Figure 4: Gladiator Drilling team finalizing drill maintenance prior to mobilization to the Radar Project

‘The Gladiator crew is busy at the shop today getting ready for the upcoming drill program for Saga Metals in Labrador,’ stated Josh Blundell, CEO of Gladiator Drilling. ‘We are incredibly privileged and excited about being part of the team with Saga Metals and drilling the Trapper zone at the Radar Project. We had great success drilling the Hawkeye zone earlier this year and look forward to doing what we do best once again, putting rocks in the box.’

Drill Program Objectives:

The Phase 1 Trapper Zone drill campaign will target:

  • Grade continuity across a 3 km strike length.
  • Oxide layering widths and continuity to depths of about 200 metres.
  • Integration of structural insights from trenching and drilling into collar orientation and drill design.
  • Initial drilling of 1,500-2,500 m in 6-10 holes, each about 250 m in depth will be completed before the December break.
  • Test both the North and South sections of the Trapper zone prior to the break in order to fully grasp grade, width and structure prior to initiating the detailed grid and drill sections in 2026 for the purposes of a mineral resource estimate.
  • Drilling will be complemented by metallurgical sampling through the winter, with core from both the Hawkeye and Trapper zones undergoing detailed metallurgical testing.

Figure 5: Trapper base map – Oriented to base line in which 100-meter drill sections have been laid out across the Trapper Zone, perpendicular to the magnetite-oxide layers (seen above as magnetic highs on TMI anomaly from the 2025 ground survey ).

Outlook on Phase 1 of Drilling at the Trapper Zone:

Phase 1 drilling at the Trapper Zone builds on significant milestones from 2025, including:

  • Hawkeye drilling success: maiden drill program in early 2025, featuring a 2,209-metre, seven-hole diamond drill campaign across the Hawkeye Zone. The program intersected broad zones of titanomagnetite-rich oxide layering, with cumulative intersections displaying consistent grades of titanium dioxide (TiO 2 ), vanadium pentoxide (V 2 O 5 ) and iron (Fe).
  • Metallurgical readiness: Ongoing petrographic and mineralogical studies by Dr. Al Miller confirm those primary magmatic textures favourable for downstream processing.
  • Exploration momentum: Expanded property vision with preliminary metallurgical insights and confirmation of large-scale oxide continuity across the Dykes River intrusive complex.

Together, these achievements support SAGA’s strategy of advancing Radar toward resource definition and positioning it as a potential cornerstone critical minerals project in North America.

Advancing the Radar Project

The Radar Property spans 24,175 hectares and hosts the entire Dykes River intrusive complex (~160 km²), a unique position among Western explorers. Geological mapping, geophysics, and trenching have already confirmed oxide layering across more than 20 km of strike length, with mineralization open for expansion.

Vanadiferous titanomagnetite (‘VTM’) mineralization at Radar is comparable to global Fe–Ti–V systems such as Panzhihua (China), Bushveld (South Africa), and Tellnes (Norway), positioning the Project as a potential strategic future supplier of titanium, vanadium, and iron to North American markets.

Figure 6: Radar Property map, depicting magnetic anomalies, oxide layering and the site of the 2025 drill program in the Hawkeye zone. The Property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is overlaid by ground-based geophysics as shown. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs.

‘With the final team members mobilizing and the Gladiator drill rigs ready for the Trapper Zone, we’re on the cusp of transforming Radar from discovery to resource. The 3+ km oxide trend we’ve sampled and trenched is now ready for systematic drilling, and Phase 1 will give us the grade, width, and structural clarity needed to design the full 15,000-metre grid for our maiden MRE in 2026. The camp is built, the core shack is furnished, and the community of Cartwright has been our biggest supporter since day one. This is execution season for SAGA, and we look forward to providing updates along the way,’ stated Michael Garagan, CGO & Director of SAGA .

Investor Relations Agreements

SAGA has re-engaged Think Ink Marketing Data & Email Services (‘ Think Ink ‘) to provide corporate awareness and digital marketing services commencing on November 1, 2025.

Think Ink will leverage its expertise in native and display advertising, video content distribution, social media coverage, and targeted email marketing to enhance the Company’s digital presence and expand market awareness in exchange for cash consideration in the amount of USD$100,000. The IR Agreement has an initial term of 31 days unless earlier terminated or renewed in accordance with its terms. The Company may renew the IR Agreement for successive 31-day periods upon providing notice to Think Ink.

Compensation to Think Ink does not include any securities of the Company, and Think Ink does not hold any interest, directly or indirectly, in the Company. Think Ink is at arm’s length to the Company and has no relationship with the Company outside of this engagement.

Think Ink Data & Email Services, Inc., is a California-based marketing firm established in 1991 that provides its customers with a complete range of marketing services that span both digital and direct mail venues. With its digital services ranging from data appending, email marketing and pay-per-click online banner and native ads, Think Ink helps its clients to reach a network of potential investors.

For further information about Think Ink Marketing, please contact: Claire Stevens, 310-760-2616, 3308 W. Warner Ave, Santa Ana CA 92704, Email claire@thinkinkmarketing.com .

Qualified Person

Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information disclosed in this news release.

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the global transition to green energy. The Radar Titanium Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to date, including a 2,200m drill program, has confirmed a large and mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) with strong grades of titanium and vanadium.

The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares featuring uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U 3 O 8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

Additionally, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Metals.

With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.

On Behalf of the Board of Directors
Mike Stier, Chief Executive Officer

For more information, contact:
Rob Guzman, Investor Relations
Saga Metals Corp.
Tel: +1 (844) 724-2638
Email: rob@sagametals.com
www.sagametals.com

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

Cautionary Disclaimer

This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the exploration of the Company’s Radar Project. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company’s assets, and the risks detailed in the Company’s continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information 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 information. 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 news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/597af781-7eff-4799-ae2f-50aa279d01d2

https://www.globenewswire.com/NewsRoom/AttachmentNg/91bf9c41-2270-4c5b-92b0-7e02b06ee974

https://www.globenewswire.com/NewsRoom/AttachmentNg/2e615d60-b1e1-4799-8fe5-b4bb4056f2a6

https://www.globenewswire.com/NewsRoom/AttachmentNg/917e2382-2508-494a-b53e-29eb20cadb3e

https://www.globenewswire.com/NewsRoom/AttachmentNg/424a434b-189a-4004-8ec6-4d50a29151bb

https://www.globenewswire.com/NewsRoom/AttachmentNg/86cbf955-a8b3-4c40-9946-fa2cd038ac31

News Provided by GlobeNewswire via QuoteMedia

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Crypto Market Update: 21Shares Files for Hype ETF, Australia Moves to Regulate Stablecoins

Here’s a quick recap of the crypto landscape for Wednesday (October 29) 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$113,072, a 0.8 percent decrease in 24 hours. Its lowest valuation of the day was US$113,083, and its highest was US$116,041.

Bitcoin price performance, October 29, 2025.

Chart via TradingView

Bitcoin (BTC) and the broader cryptocurrency market are showing signs of renewed investor appetite after softer-than-expected US inflation data helped lift global risk sentiment.

In a post on X, blockchain analytics CryptoQuant said a “risk-on” tone has returned across major asset classes following the release of the September Consumer Price Index (CPI) report, which showed inflation rising 0.3 percent, slightly below consensus forecasts.

The modest increase from August reinforced expectations that the Federal Reserve could pursue a more accommodative stance at its next policy meeting.

The cooler inflation print appears to have reignited appetite for growth and speculative assets, marking a shift from the defensive tone that dominated markets earlier this quarter. Analysts noted that the CPI data has strengthened hopes of near-term rate cuts.

Meanwhile, Bitcoin researcher Axel Adler Jr. said on X that market data also point to improving sentiment across major exchanges. The exchange net-spread, which measures the difference between stablecoin inflows and BTC/ETH outflows, remains in positive territory.

This suggests that cash inflows are dominating, while Bitcoin and Ether are being withdrawn from exchanges, a sign that selling pressure is continuing to ease.

Ether (ETH) was priced at US$4,007.40, a 1.5 percent increase in 24 hours. Its lowest valuation of the day was US$3,946.84, and its highest was US$4,171.07

Altcoin price update

  • Solana (SOL) was priced at US$198.51, trading flat over the last 24 hours. Its lowest valuation of the day was US$191.75, and its highest was US$202.69.
  • XRP was trading for US$2.63, similarly trading flat over the last 24 hours. Its lowest valuation of the day was US$2.58, while its highest was US$2.68.

Fear and Greed Index snapshot

Chart via CoinMarketCap.

CMC’s Crypto Fear & Greed Index has begun to recover from last week’s slump, now sitting at 39, up from 29 a week ago, as market sentiment inches closer to neutral territory. The improvement marks a gradual shift in investor mood following a prolonged stretch of “fear” that lasted seven consecutive days—the longest since April.

The rise suggests that traders are slowly regaining confidence amid Bitcoin’s breakout above the US$115,000 level after nearly two weeks of range-bound trading between US$103,000 and US$115,000. While the index still reflects caution, its steady climb signals that market anxiety is easing and that investors are beginning to price in optimism ahead of the expected Federal Reserve rate cut.

Crypto derivatives and market indicators

Bitcoin derivatives metrics suggest traders remain cautious but less defensive than before.

Liquidations for Bitcoin futures totaled roughly US$2.43 million in the past four hours, with long positions still comprising the majority—a sign that some traders continue to take profits amid uncertain short-term momentum. Ether saw similar trends, with US$4.28 million in liquidations, also dominated by long positions.

Futures open interest for Bitcoin edged down 0.42 percent to US$73.87 billion, while Ether’s slipped -0.08 percent to US$48.22 billion, indicating a slight cooling in leveraged activity following the recent price uptick.

Meanwhile, Bitcoin’s relative strength index (RSI) of 50.60 indicates neutral momentum, suggesting that traders are holding back from aggressive positioning as markets digest recent macro data and await clearer direction.

Today’s crypto news to know

21Shares files for Hype ETF

Swiss asset manager 21Shares has filed with the US Securities and Exchange Commission to launch a passive ETF tracking the Hype token, marking its first product since agreeing to be acquired by FalconX.

The SEC has yet to act on several pending filings amid limited staffing during the US government shutdown. Hype, the native token of the Hyperliquid network, has surged more than 1,500 PERCENT over the past year, ranking as the 11th largest cryptocurrency.

21Shares said Coinbase and BitGo will serve as custodians for the fund’s holdings.

The firm currently manages over US$11 billion in crypto-linked products and expects the FalconX deal to accelerate ETF adoption through combined market infrastructure.

Western Union picks Solana for global stablecoin rollout

Western Union announced plans to issue a US dollar stablecoin on the Solana blockchain, marking one of the largest traditional finance moves into digital assets to date.

Dubbed USDPT, the stablecoin will be custodied by Anchorage Digital and begin rolling out in 2026 across Latin America, Africa, and Southeast Asia, regions where remittances and mobile money use are strongest.

Western Union said USDPT will integrate directly with its existing fiat payment network, letting users move funds between on-chain and cash outlets without intermediaries or FX fees.

The company plans to maintain its 4,500 global corridors while adding blockchain rails for faster settlement.

CEO Devin McGranahan described the move as “the next evolution” in its 175-year history of cross-border transfers. Global remittance flows currently total about US$860 billion annually.

Australia to classify stablecoins as financial products

Australia’s securities regulator has formally categorized stablecoins, tokenized assets, and wrapped tokens as financial products requiring licensing under existing law.

The Australian Securities and Investments Commission (ASIC) announced the update this week, granting firms until June 2026 to transition into compliance.

The decision extends full consumer protections to stablecoin users and allows the agency to act against misconduct in the sector.

Service providers will now need Australian Financial Services licenses, while custody standards are being updated to include digital holdings.

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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Almonty Acquires Montana Tungsten Project as US Seeks to Revive Domestic Supply

Almonty Industries (TSX:AII,ASX:AII,NASDAQ:ALM) is expanding its US footprint with the acquisition of a tungsten project in Montana, a move that could make it the first domestic producer of the critical metal in a decade.

The Toronto-based miner said it agreed to buy the site, which was previously operated by Union Carbide, through a combination of stock and cash payment, according to a Bloomberg report.

Subject to securing an extraction permit, the company also said it could restart mining there as soon as late next year using reconditioned equipment from its facilities in Spain.

Almonty Chief Executive Officer Lewis Black confirmed that the company has been in discussions with US defense agencies, including the Department of Defense and the Defense Advanced Research Projects Agency (DARPA), regarding potential long-term supply arrangements.

Rather than seeking government equity participation, Black said Almonty is proposing that the Pentagon make transparent, market-based tungsten purchases to strengthen domestic reserves.

The move comes as President Donald Trump has expanded exemptions from his global metals tariffs, removing tungsten, gold, graphite, and uranium from the list of materials subject to country-based levies.

China dominates the global tungsten market, producing roughly 67,000 tons annually, compared to zero from the United States. The metal is considered critical to both defense and emerging technologies, with applications ranging from armor-piercing ammunition to chips used in high-performance electronics.

The Montana acquisition complements Almonty’s growing global portfolio. The company operates the Panasqueira mine in Portugal and is nearing production at the Sangdong mine in South Korea, which is one of the world’s largest tungsten deposits outside China.

Almonty’s Nasdaq debut inJuly, backed by a US$90 million public offering (IPO), also strategically positioned the company as a key Western supplier ahead of a 2027 US policy that will ban tungsten sourced from China, Russia, or North Korea from entering Pentagon supply chains.

The firm holds a 15-year offtake agreement with a US defense contractor covering more than 90 percent of its initial production phase.

Once operational, the Montana project could produce tungsten concentrate for domestic refiners before being processed into tungsten carbide and other alloys.

The company’s shares have surged more than 600 percent over the past year, primarily driven by investor enthusiasm as trade tensions threaten the metal’s supply security.

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

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US, Brookfield and Cameco Strike US$80 Billion Nuclear Reactor Deal

The US government has entered into an US$80 billion partnership with Brookfield Asset Management (NYSE:BAM,TSX:BAM) and Cameco (TSX:CCO,NYSE:CCJ) to construct new Westinghouse nuclear reactors across the country.

The initiative aims to accelerate the domestic nuclear industry’s revival while powering the rapid expansion of artificial intelligence infrastructure, in line with President Donald Trump’s May 2025 executive orders.

Under the agreement, the US government will arrange financing and streamline permitting for the new Westinghouse reactors, which will serve as the backbone of America’s next generation of clean and reliable baseload power.

In return, the US government will receive a participation interest that entitles it to 20 percent of future cash distributions once Westinghouse’s profits exceed US$17.5 billion.

The agreement also allows Washington to convert that interest into an equity stake of up to 20 percent and to require an initial public offering of Westinghouse by 2029, should its valuation surpass US$30 billion.

“Our administration is focused on ensuring the rapid development, deployment, and use of advanced nuclear technologies,” said Howard Lutnick, US Secretary of Commerce, in the joint press release.

U.S. Energy Secretary Chris Wright echoed the sentiment, saying the collaboration would “help unleash President Trump’s grand vision to fully energize America and win the global AI race.”

For Brookfield and Cameco, the move solidifies their investment in Westinghouse, which they jointly acquired in 2023. Brookfield had first taken over Westinghouse in 2018, executing a turnaround that repositioned the company amid a global resurgence in nuclear development.

The two Canadian firms now expect the US deal to expand their global market reach while reinforcing North American energy independence.

The projects will rely on Westinghouse’s AP1000 reactor design, which the company calls the most advanced and compact reactor on the market, featuring passive safety systems and modular construction.

Six AP1000 reactors are already operating globally, with 14 under construction and several more under contract in countries such as Poland, Ukraine, and Bulgaria.

The deal comes as part of the Trump administration’s ongoing push to boost advanced energy manufacturing and strengthen ties with allied nations in the Indo-Pacific.

During a trip to Tokyo, Trump announced that Japan will provide up to US$332 billion in infrastructure support for US projects, including the Westinghouse and small modular reactors.

The projects are also expected to create tens of thousands of jobs and support the country’s growing energy demands, including those driven by large-scale data centers.

The most recent Westinghouse reactors built at Georgia’s Vogtle site—completed in 2023 and 2024—ran about seven years behind schedule and cost roughly US$35 billion, more than double initial estimates.

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

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Barbie, Monopoly toymakers see bright holiday season despite tariff pressure

President Donald Trump’s tariffs are hitting toy giants Mattel and Hasbro as the critical holiday season nears. Still, both companies see a successful year end ahead.

“This quarter, our U.S. business was again challenged by industry-wide shifts in retailer ordering patterns,” CEO Ynon Kreiz said on Mattel’s recent earnings call. “That said, consumer demand for our products grew in every region, including in the U.S.”

During the most recent quarter, which ended Sept. 30, Mattel said sales slipped 6% globally, led by a 12% decline in North America. International sales rose 3%.

Some of the company’s top performing categories included Hot Wheels and action figures, primarily from the “Jurassic World,” Minecraft and WWE franchises.

Other Mattel brands saw a drop in sales, however, including Barbie and Fisher-Price.

With retail stores waiting until the last minute to assess the level of tariffs that would apply to their holiday orders, Kreiz said “since the beginning of the fourth quarter, orders from retailers in the U.S. have accelerated significantly.”

Retailers “expect strong demand for the holiday and they are restocking,” he added.

Meanwhile, rival toy giant Hasbro’s revenue jumped 8% in the quarter and it raised its financial guidance for the rest of the year.

Key drivers of that included “Peppa Pig” and Marvel franchise toys, as well as the Wizards of the Coast games.

Hasbro “managed tariff volatility with agility” and used price hikes to protect its margins, said Gina Goetter, the company’s chief financial officer and chief operating officer.

The company remains “firmly on track” to achieve its financial targets.

“As we calculate the various scenarios of where that absolute rates will play out, we’re really putting all of our levers to work,” she said on the company’s recent earnings call.

“From how we think about pricing, how we’re thinking about our product mix, how we’re thinking about our supply chain, and how we’re managing all of our operating expenses to mitigate and offset the impact” of tariffs, she said.

For its part, Hasbro also saw “softness” in the U.S. during the quarter due to retail chains waiting longer to place holiday orders, but said momentum is accelerating as the season gets underway.

In July, Mattel’s chief financial officer, Paul Ruh, said that the company was raising prices because of tariffs.

“We have implemented a variety of actions that will help us withstand some of those headwinds and those include … supply chain efficiencies and some pricing adjustments, particularly in the U.S.,” Ruh said on the company’s earnings conference call.

“So with that array of actions, we’re able to withstand some of the uncertainty that is mostly coming in the top line,” Ruh said. “Our goal is to keep prices as low as possible for our consumers.”

Still, Kreiz said that “consumers are buying our products and the toy industry is growing.”

He also said that consumers are taking price hikes in stride and those increases haven’t hurt demand: “We are not seeing any slowdown in consumer demand so far.”

Hasbro CEO Chris Cocks said the company has also raised some prices, but it was “pretty surgical” in what it chose to adjust.

“In terms of ongoing pricing, I think we just kind of have to see how the holiday goes and the consumer holds up,” he told analysts on the company’s earnings call.

Cocks also cautioned that there may be a two-tier economy forming, something other executives and economists have observed in recent months.

“Right now, I think it’s really kind of a tale of two consumers. The top 20%, particularly in the U.S., continue to spend pretty robustly,” he said. “The balance of households are watching their wallets a bit more.”

On Friday, the Labor Department released the latest consumer price index data, which showed that inflation is rising at a 3% annual pace, up from August’s 2.9%.

In May, Kreiz told CNBC that approximately half of the company’s toys were sourced from China.

Beijing has faced some of the steepest tariffs from Washington of any U.S. trade partner, as Trump has rolled out his disruptive trade agenda this year.

Mattel’s Ruh said the company continued to adjust its supply chains in response to shifting global tariff policies.

“We will be continuing to work with our retailers to make sure that the product is on the shelf,” he said.

At the same time, Hasbro’s Goetter said the company is diversifying its supply chains away from high-tariff countries.

“By 2026, we expect approximately 30% of our total Hasbro toy and game revenue will be sourced from China and 30% of our revenue will be based in the U.S., as we opportunistically lean into our U.S. manufacturing capacity,” she said.

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Trump rallies US military’s might, floats armed forces pay raise in address to troops in Japan

President Donald Trump spoke to U.S. service members aboard the nuclear-powered aircraft carrier George Washington in Yokosuka, Japan, Tuesday morning to promote his administration’s ‘peace through strength’ military messaging on the world stage. 

‘A year and a half ago, we had a different country than we do right now,’ Trump told the military members. ‘Now we’re the most respected country in the world, we’re the hottest country anywhere in the world. And it hasn’t taken too long. But, I had no doubt. I just didn’t know we were going to do it this fast. We’ve done it fast because of people like you.’ 

Trump is in the midst of a whirlwind tour through Asia, including beginning his trip in Malaysia, before heading to Japan and later holding a planned meeting with Chinese President Xi Jinping during his final stop in South Korea Thursday. The president also oversaw the signing of a peace agreement between Cambodia and Thailand Sunday. 

Trump’s tour this week focuses on trade and regional security, and comes as China asserts greater control in the South China Sea and North Korea increases its weapons testing. 

Trump was joined by Japan’s newly elected Prime Minister Sanae Takaichi aboard the U.S. aircraft carrier Tuesday, as well as by U.S. military leaders such as Secretary of War Pete Hegseth. Trump celebrated in his remarks that the U.S. military is once again respected after bucking ‘political correctness’ out of an effort to better defend the U.S.

‘When it comes to defending the United States, we’re no longer politically correct,’ Trump said. ‘We’re going to defend our country any way we have to. And that’s usually not the politically, politically correct way. From now on, if we’re in a war, we’re going to win the war. We’re going to win it like nobody ever before.’ 

The service members were heard chanting ‘Trump, Trump, Trump’ when the president first took the stage. 

Trump thanked the military for their service and added that he’s supporting a pay increase for every U.S. service member in the armed forces. 

‘I’m also supporting an across-the-board pay raise for every sailor and service member in the United States armed forces,’ Trump told the crowd, which earned widespread applause. ‘Now, if you don’t want it, you want to give back to your country. Just let us know. We won’t give it to you. Is there anybody in that category?’ he joked before adding that Democrat lawmakers would approve the plan. 

‘But now all we really have to do is get the Democrats to approve it. But they’ll come along. They always do. You know, they always do that,’ he continued. 

The government is currently in the midst of a shutdown that has lasted since Oct. 1, when Senate lawmakers failed to reach a funding agreement. 

Takaichi, Japan’s first female prime minister, also addressed U.S. troops to thank them, as well as the Japanese military, for their dedication to protecting the region. 

‘I am truly honored to have this opportunity to deliver remarks with President Trump aboard the aircraft carrier USS George Washington, a symbol of protecting freedom and peace in this region,’ the Japanese leader said, according to a translator at the event. 

‘First and foremost, I would like to express my deep respect and sincere gratitude to all the men and women in uniform. From Japan’s Self-Defense Forces and the U.S. forces, Japan, for your dedication and commitment to safeguard peace and security of our nation and the region, day and night,’ she continued. 

Trump lauded the Japanese prime minister as a ‘winner’ in his remarks, while celebrating the U.S.’s relationship with Japan following World War II. 

‘This woman is a winner. So, you know, we’ve become very close friends all of a sudden because their stock market today and our stock market today hit an all-time high. That means we’re doing something right,’ he said. 

Trump and Takaichi signed a rare earths framework agreement on Tuesday as the U.S. looks to back away from its reliance on China for critical minerals for items such as cell phones. 

‘The cherished alliance between the United States and Japan is one of the most remarkable relationships in the entire world,’ Trump continued. ‘Really, there’s never been anything like it. Born out of the ashes of a terrible war, our bond has grown over eight decades into the beautiful friendship that we have. It’s a foundation of peace and security in the Pacific.’ 

Trump also announced that the first batch of missiles for Japan’s Self-Defense Forces will be delivered to the country later this week as Takaichi underscored that Japan is ‘committed to fundamentally reinforcing its defense capability’ and ‘ready to contribute even more proactively to peace and stability in the region.’

‘It’s the first batch of missiles to be delivered to the Japanese Self-Defense forces for Japan’s F-35s. And they’re coming this week, so they’re ahead of schedule,’ Trump said. 

The president concluded his speech by highlighting that the U.S. went ‘through four bad years, but now America will always be first,’ citing the U.S. military’s strength. 

‘Every sailor here today inherits a legacy of valor and grit and glory unmatched in the long history of mankind’s voyage on the seas,’ he said. ‘It’s a voyage like nobody’s ever had, like you have. For two and a half centuries, America’s Navy has preserved the vision of our first commander in chief who gave this ship its storied name, its righteous soul and its timeless motto, ‘first in war, first in peace.’ Very famous phrase, George Washington. After 250 years, that is exactly what our country is today. It’s first in war, first in peace, first in wealth, first in power, first in science, first in spirit and first in freedom.’

Fox News Digital’s Amanda Macias contributed to this report. 

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Trump files ‘powerhouse’ appeal in ‘politically charged’ Manhattan district attorney case

President Donald Trump’s legal team filed a ‘powerhouse’ appeal in Manhattan District Attorney Alvin Bragg’s case against him, demanding the verdict be thrown out and that the ‘most politically charged prosecution in our Nation’s history,’ as they called it, be dismissed altogether.

Fox News Digital obtained the 111-page appeal filed in New York Supreme Court’s Appellate Division late Monday night.

Sullivan & Cromwell’s Robert J. Giuffra Jr. is representing the president in the matter.

Trump pleaded not guilty to all 34 counts of falsifying business records in the first degree but was found guilty in May after a six-week unprecedented criminal trial in New York in 2025.  

New York v. Trump is on a halt until 2029.

‘President Trump’s legal team filed a powerhouse appeal in the Manhattan DA’s Witch Hunt, as the President continues his fight to put an end to the Radical Democrat Lawfare once and for all,’ a spokesman for the president’s legal team told Fox News Digital.

‘The Supreme Court’s historic decision on Immunity, the Federal and New York State Constitutions, and other established legal precedent mandate that this meritless hoax be immediately overturned and dismissed,’ the Trump spokesman continued.

‘President Trump will keep defeating Democrat weaponization at every turn as he focused on his singular mission to Make America Great Again.’

The 111-page filing details Giuffra’s argument for complete dismissal and reversal. 

‘This is the most politically charged prosecution in our Nation’s history,’ the filing states. ‘After years of fruitless investigation into decade-old, baseless allegations — and under immense political pressure to criminally charge President Donald J. Trump for something—New York’s district attorney (DANY) manufactured felony charges against a once-former and now-sitting President of the United States. The DA, a Democrat, brought those charges in the middle of a contentious Presidential election in which President Trump was the leading Republican candidate.’

Trump’s legal team called the charges against Trump ‘as unprecedented as their political context.’

‘Targeting alleged conduct that has never been found to violate any New York law, the DA concocted a purported felony by stacking time-barred misdemeanors under a convoluted legal theory, which the DA then improperly obscured until the charge conference,’ the filing states. ‘This case should never have seen the inside of a courtroom, let alone resulted in a conviction.’

Trump’s lawyers are asking the court to ‘now reverse.’

‘Federal law expressly preempts DANY’s misdemeanor-turned-felony charges because those charges rest on an alleged violation of federal campaign regulations that States cannot (and have never) enforced,’ the filing states. ‘The trial was fatally marred by the introduction of 2 official Presidential acts that the Supreme Court has made clear cannot be used as evidence against a President.’

Trump’s lawyers went on to argue that ‘the jury was instructed incorrectly, allowing a conviction without the unanimity required by both New York law and basic due process.’

‘Beyond these fatal flaws, the evidence was clearly insufficient to convict,’ the filing states. ‘In addition to all this overwhelming error, the trial was conducted by a judge who refused to recuse himself despite having made political contributions to President Trump’s electoral opponents and despite having disqualifying family conflicts. For each of these independent reasons, President Trump’s conviction must be set aside.’ 

Trump’s attorneys also noted that the review of the by federal prosecutors in 2021 led to ‘no actions against President Trump even after he left office in 2021,’ which ‘should have barred any prosecution’ in the Manhattan district attorney’s efforts.

Trump attorneys also argued that the trial court violated the presidential evidentiary immunity confirmed by the U.S. Supreme Court, which bars the ‘use of evidence about’ a president’s official acts while in office.

‘The jury improperly heard extensive testimony about at least four different kinds of official acts by President Trump,’ the filing states, including discussions between the president and the White House communications director in the Oval Office over the White House’s response to allegations of presidential wrongdoing; official presidential statements on social media; alleged discussions between the president and the attorney general about the enforcement of federal campaign regulations; and the president’s practices in discharging his presidential duties, including from the Situation Room.

‘The U.S. Supreme Court mandated that violations of Presidential evidentiary immunity require automatic reversal of a conviction without any harmless-error analysis,’ the filing states. ‘Even if such analysis were applied, the introduction of the prohibited testimony—which DANY repeatedly relied on and called ‘devastating’ in its summation, A7815—was far from harmless beyond a reasonable doubt.’

Trump attorneys also argued that the trial court ‘erred in instructing the jury that it could convict President Trump of having conspired to ‘promote or prevent the election of any person to a public office by unlawful means,’ Election Law § 17-152, without unanimously agreeing on what those ‘unlawful means’ actually were.’

‘Instead, the court permitted the jury to convict if some jurors believed only that President Trump had conspired to violate FECA, while others believed only that he had conspired to help others commit tax fraud, and still others believed only that he had conspired to help others make false statements to a 5 bank. Due process and Section 17-152 do not permit a conviction based on such a haphazard ‘combination of jury findings,’’ the filing states.

Trump lawyers also said the district attorney ‘had no proof that President Trump ever had the ‘intent to defraud’ expressly required by the business-records statute.’

‘There was zero evidence that President Trump intended to deprive anyone of money or property, and in fact no such deprivation occurred,’ the filing states. ‘Having no other choice, DANY advanced the flawed theory, erroneously blessed by the trial court, that ‘intent to defraud’ can include either (i) intent to interfere with unspecified government regulators, or (ii) intent to deceive ‘the voting public.’ Making matters worse, DANY did not prove that President Trump acted with either of those intentions in mind.’ 

The lawyers also argued that Judge Juan Merchan refused to recuse himself from the case, and questioned his impartiality due to his past political contributions — donating to both then-President Joe Biden and to a group called ‘Stop Republicans PAC.’

The lawyers also called into question, again, Merchan’s daughter’s work as the president and part-owner of an advertising company that was paid millions by the Kamala Harris campaign and other Democrats — ‘including for running advertisements specifically invoking DANY’s prosecution of President Trump in her father’s courtroom.’

Loren Merchan sits as the president for Authentic Campaigns — a company that has done political work for top Democrat clients like Biden and former Vice President Kamala Harris. 

‘In the face of all these undisputed and damaging facts, Justice Merchan’s refusal to recuse created, at the very least, ‘the appearance of bias,’ which ‘erode(s) public confidence in the judicial system’ and is yet another clear ground for reversal,’ Trump lawyers argued.

Trump’s attorneys concluded by saying that ‘despite years of rifling through President Trump’s business, DANY could not find a felony charge.’

‘So it concocted an elaborate theory that has never before been pursued in this State and is plainly preempted by federal law,’ the filing states. ‘Like every criminal defendant in a New York courtroom, President Trump was entitled to a fair trial before a properly instructed jury and a neutral judge.’

‘Instead, he was convicted after a trial that featured repeated and clear violations of his constitutional rights, federal law, and New York law, presided over by a judge who was required to recuse,’ they argued. ‘For all these reasons, this Court should reverse the judgment of conviction and dismiss the indictment.’

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