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Vancouver, British Columbia, September 24th, 2025 TheNewswire – Prismo Metals Inc. (the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to report that it has received preliminary assay results for the first batch of twenty-three samples taken at its Silver King project located in Arizona. This assay data highlights the different types of mineralization identified in the Company’s news releases of August 28 th and September 15 th 2025 (Figure 1).

‘These assay results confirm the exploration potential at the Silver King project,’ said Dr. Craig Gibson, Chief Exploration Officer. ‘Three samples with silver values reported as greater than 200 g/t were taken from the Silver King mine dump and from the new polymetallic vein recognized in our recent exploration program. Samples with high copper values, that also exhibit important gold values, are largely from the replacement mineralization which is similar to the type of mineralization at the nearby Magma mine.’

Several of the samples have reported values that are greater than the detection limit for the analytical method used. The analytical laboratory must re-analyze these samples by a different method, and the Company is expecting to receive these overlimit assays for silver, copper, lead and zinc within about two weeks. Upon receipt of the over limit assays Prismo will issue a further news release and use this information to help prioritize targets for the further exploration, including the upcoming drilling program. Additional samples, including samples from the Ripsey Mine are currently being analyzed and results are expected in the coming weeks.

‘Much of the focus of the exploration program to date has consisted of a property wide survey of historic mines and prospects surrounding the direct Silver King workings,’ said Gordon Aldcorn, President of Prismo’. This work has expanded our geological thinking and resulted in the recognition of several new types of mineralization at the project, providing additional targets for exploration. We are presenting the assay results for each of the exploration areas, namely the new mineralized veins (polymetallic and copper), stratigraphically controlled replacement mineralization and the area around the Silver Mine. Each of the areas will be prioritized for further exploration, including drilling.   The initial phase of Prismo exploration on the Silver King project confirmed the exploration potential in several areas. Our upcoming drill program is currently in the permitting stage and is anticipated to be advanced shortly.

Figure 1 . Geologic and land map of the Silver King project showing newly described polymetallic vein in magenta (Ag-Pb-Zn), copper vein in green (Cu-Ag) and stratigraphically controlled replacement mineralization in red.  The strongly altered intrusion with stock work quartz-pyrite veining is indicated by the crosshatch.

New Mineralized Veins (polymetallic and copper veins)

As previously reported in Prismo s news release of August 28, 2025, the Company geologists identified two previously undescribed veins in the area surrounding the historic glory hole developed on the original exposure of high-grade silver at the Silver King deposit.  The assay results confirm the visual inspection and indicate that there are two distinct veins, one with abundant silver, lead and zinc and the other with copper and silver values.

These veins provide additional exploration targets outside of the area of historic mine workings and may provide information on the controls to mineralization in the pipelike mineralized body.

Sample

Au g/t

Ag g/t

Cu %

Pb %

Zn %

Sb ppm

Bi ppm

Ba ppm

Hg ppm

New polymetallic vein

544509

26

0.02

0.17

0.07

562

0.1

140

0.14

544510

0.03

>200

>1.0

>1.0

>1.0

7788

0.3

>10000

12.84

Cu vein

544553

0.005

183

0.31

0.02

0.03

21.6

0.5

157

0.18

544554

0.009

198

0.29

0.01

0.03

24.5

0.6

92

0.02

544504

44

0.10

0.01

0.02

396

0.2

524

0.13

Table 1. Assay results for selected samples from newly identified veins at the Silver King project.

Stratigraphically Controlled Replacement Mineralization

Several samples were taken along the stratigraphic horizon that hosts replacement and skarn mineralization in numerous small workings. Several samples assayed more than 1% copper and generally contain elevated gold values.

Figure 2. Copper assays for samples taken at the Silver King project.

The m ineralization in this area is similar to that at the Magma mine. It is exposed in several historic mine workings with abundant oxide copper minerals, mainly malachite . These were developed along a northeast dipping limestone horizon near the contact with a quartz diorite intrusion and quartzite . It is located along the same structural and stratigraphic trend of the Magma mine located 0.6 to 1.5 kilometers to the southwest. The largest occurrence, at the Black Diamond mine in the eastern portion of the claim block, was developed on a large outcrop of abundant specular hematite and malachite replacing a limestone bed (Fig. 2) .

Table 2. Assay results for selected samples from the replacement area at the Silver King project.

Sample

Au g/t

Ag g/t

Cu %

Pb %

Zn %

Sb ppm

Bi ppm

Ba ppm

Hg ppm

Cu replacement zone

544501

0.01

3

0.01

0.03

1.9

0.4

171

0.13

544502

0.47

7

>1.0

0.02

0.8

71.8

30

544505

0.03

5

0.75

0.01

2.9

3.2

22

0.05

544507

2.26

25

>1.0

0.23

0.4

33.5

12

0.01

544508

0.73

12

>1.0

0.28

0.4

29.1

12

0.03

544552

35

0.14

>1.0

>1.0

114

0.5

24

2.11

Figure 3 .  Map showing Silver King project and nearby mineral deposits. The Silver King deposit is located three kilometers from the Resolution Copper deposit (a joint venture between Rio Tinto and BHP) and the high-grade Magma mine, a former copper and silver producer.

Around The Silver King Mine

Two samples were taken of mineralized fragments from the dump around the Silver King workings.  Samples 544514 is composed of selected fragments of quartz vein material with variable amounts of sulfide minerals including stromeyerite (AgCuS), freibergite (CuAgSbS) and base metal sulfides.  Sample 544517 is composed of stockwork veins and breccia with about 50% wall rock fragments.  These two compositions are believed to represent the dominant types of mineralization that will be encountered in and adjacent to the pipelike Silver King mineralized body.

Table 3. Assay results for selected samples from the Silver King mine.

Sample

Au g/t

Ag g/t

Cu %

Pb %

Zn %

Sb ppm

Bi ppm

Ba ppm

Hg ppm

Silver King mine

544514

1.07

>200

0.59

0.44

0.63

337

3

>10000

1.7

544517

0.04

>200

0.09

0.26

0.43

377

0.2

>10000

15.66

Several additional elements are important in characterizing the different types of mineralization.  The high silver in the Silver King mineralization is associated with gold, copper, lead, zinc and antimony as well as barium and mercury.  The copper replacement mineralization contains important gold along with bismuth.

Figure 4. Silver assays for samples taken at the Silver King project.

Figure 5 . Gold assay values for the Silver King exploration program.

Sample

Location

Type/width (m)

E WGS84

N WGS84

544501

Black Diamond

1.0

492,698

3,687,650

544502

Black Diamond

Grab

492,633

3,687,623

544504

Collapsed shaft

Dump

492,217

3,687,916

544505

Replacement zone

0.75

492,318

3,687,521

544507

Replacement zone

Dump

492,054

3,687,431

544508

Replacement zone

0.7

491,986

3,687,334

544509

Polymetallic vein

2.0

491,833

3,687,546

544510

Polymetallic vein

Dump

491,863

3,687,565

544514

Silver King Mine

Dump

491,855

3,687,907

544517

Silver King Mine

Dump

491,855

3,687,907

544552

Replacement zone float

Selected

491,928

3,688,043

544553

Silver King Mine

0.4

492,037

3,687,881

544554

Silver King Mine

0.4

492,037

3,687,881

Table 4. Locations for samples mentioned in the text.

Exploration Next Steps

Prismo has submitted a plan of operations for the drill program with the Forest Service. The drill permit is expected by the end of October. A drill program is planned for Silver King, with a minimum of 1,000 meters initially. This first phase of the drill program is designed to test the upper half of the steeply dipping pipelike Silver King mineralized body as well as potentially mineralization adjacent to the dense stockwork that was the focus of historic mining.  Follow up drilling will expand on the initial program based on the results and also include separate targets outside of the historic mining area, such as the polymetallic vein mentioned above. The discovery of the two mineralized veins and porphyry style mineralization has resulted in Prismo evaluating a larger drill program to test those targets.

QA/QC

Samples were analyzed by SGS, an internationally recognized analytical lab, with preparation at the Tempe, Arizona facility and analyses at the Burnaby laboratory.  Prismo inserts controls samples consisting of standard pulps and coarse blanks in the sample stream for QA/QC purposes and also utilizes the labs internal control samples.

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release. The historic data presented in this press release was obtained from public sources, should be considered incomplete and is not qualified under NI 43-101, but is believed to be accurate. The Company has not verified the historical data presented and it cannot be relied upon, and it is being used solely to aid in exploration plans. References to mineralization at the Magma Mine and Resolution Copper deposit is not necessarily indicative to the mineralization on the Silver King property.

About the Silver King

Discovered in 1875, the Silver King mine was one of Arizona s most important historic producers, yielding nearly 6 million ounces of silver at grades of up to 61 oz/t.  The Silver King mine sits only 3 km from the main shaft of the Resolution Copper project — a joint venture between Rio Tinto and BHP and one of the world s largest unmined copper deposits with an estimated copper resource of 1.787 billion metric tonnes at an average grade of 1.5% copper (1) . The unique land position is fully surrounded by Resolution Copper s claim block, offering strategic upside. Selected samples from small-scale production in the late 1990s returned grades as high as 644 oz/t silver (18,250 g/t) and 0.53 oz/t gold (15 g/t), indicating that high-grade mineralization remains.

(1) https://resolutioncopper.com/about-us/

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on , , , Instagram , and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6

Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as intends’ or anticipates’, or variations of such words and phrases or statements that certain actions, events or results may’, could’, should’, would’ or occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain appropriate funding to finance the exploration program at Silver King.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the ability to raise capital to fund the drilling campaign at Silver King and the timing of such drilling campaign.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce that it’s Maiden drilling program at the La Union gold and silver Project in Sonora, Mexico, is progressing on track and on budget, with three of the five main targets now having some initial drilling and work continuing toward completion of the current program. This update follows the Company’s August 6, 2025 announcement marking the start of the program and August 19 and September 10 news releases chronicling the progress of the program.

Saf Dhillon, President and Chief Executive Officer, states: ‘The maiden drill program has been indicating consistency with past mining, and targets are progressing with positive exploration drilling so far. The drilling is intersecting more quartzite than expected which is favorable for fracture-controlled mineralization. The property Operator, Riverside operations team is handling the current exploration program working with the local rancher and the drilling company to efficiently complete the first phase of this exploration program.’

The first hole at the Union Mine target was drilled southeast beneath historic workings, cutting through the Clemente and Caborca formations-both key host units for past mining at Union as described in the filed NI 43-101 report on SEDAR+ by Questcorp Mining (https://www.sedarplus.ca/csa-party/records/document.html?id=48299afdea2a73385e0513ce830753e11ddf957ee61888b81d46e76fa281ac17).

The hole ended in the Caborca Formation, encountering the distinctive microconglomeratic carbonate unit that historically hosted mineralization at the bottom of the Union Mine. Samples from this hole have been delivered to Bureau Veritas in Hermosillo, Sonora, for gold fire assay, with pulps to be sent to Vancouver, Canada, for ICP-MS analysis with 4-acid digestion to determine silver, base metal, and multi-element values. This consistent analytical approach has been applied since the outset of the Union program to ensure comparability across results.

Drilling then moved to the northern part of the project, testing two target areas: the El Cobre Mine area and the North Union Mine area. Here, holes were oriented perpendicular to stratigraphy and toward interpreted feeder zones along pre-mineral fault structures, primarily within the Clemente Formation. Drilling in these areas has intersected more quartzite than initially modeled, with extensive hematitic oxides-an encouraging sign for potential gold mineralization, possibly linked to sulfides that have been oxidized through supergene weathering. Historic mining in the district targeted oxides only, leaving sulfide zones untested. Riverside plans to evaluate this potential beneath past workings across four target areas: Union Mine, El Cobre, North Union, and Famosa.

The program has now moved south to the Famosa target, where two initial holes are planned to test beneath and along strike from historic workings toward a steeply west-dipping, north-south-trending fault structure, as well as into host rocks on either side of this major structural feature. Famosa produced gold historically, with reported grades exceeding ½ oz/ton Au in archived records referenced in the NI 43-101 report. The Company is encouraged by the target’s potential and is eager to advance drilling here.

Once this initial campaign is completed, follow-up work will integrate assay results, ongoing surface programs, additional induced polarization (IP) surveys, and refined geological interpretations based on stratigraphy and structure observed in drilling. The greater-than-expected quartzite content in the Clemente Formation supports the evolving model of fracture- and quartz-pyrite veinlet-hosted gold mineralization, which will help sharpen targeting at the Union Project. Core from all drilling has been logged, saw-cut, and half-core samples sent for assay, with remaining halves retained for reference and cataloging.

The Company looks forward to completing the Famosa drilling, receiving the pending assay results, and providing further updates as this program progresses.

Figure 1. Geologic map with the tenure of the Union internal concession shown in pink. Manto and chimney type CRD targets are shown as red polygons. Riverside now controls all mineral tenures on this map. The drill program will focus on the Union Mine and areas north of the Union Mine with the initial drill work.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10197/267723_25b092fc440cbaba_001full.jpg

Figure 2. Cross section looking west with conceptual drill targets and schematic drillhole traces. Assays from Riverside’s sampling of rock dump materials from the two mine areas are labeled in black. Red areas are interpreted as manto and chimney target bodies that are now well defined and drill ready. Assays shown on figures 1 and 2 have been previously released and disclosed as summarized below the geochemical QA/QC and in published NI 43-101 Report that Questcorp published 2025 on SEDAR+.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10197/267723_25b092fc440cbaba_002full.jpg

Qualified Person & QA/QC:

The technical content of this news release has been reviewed and approved by R. Tim Henneberry’, P. Geo (BC) a Director of the Company and a Qualified Person under National Instrument 43-101.

Rock samples from previous exploration programs discussed above at the Project were taken to the Bureau Veritas Laboratories in Hermosillo, Mexico for fire assaying for gold. The rejects remained with Bureau Veritas in Mexico while the pulps were transported to Bureau Veritas laboratory in Vancouver, BC, Canada for 45 element ICP/ES-MS analysis using 4-acid digestion methods. A QA/QC program was implemented as part of the sampling procedures for the exploration program. Standards were randomly inserted into the sample stream prior to being sent to the laboratory.

About Questcorp Mining Inc.

Questcorp Mining is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property, on Vancouver Island, B.C., subject to a royalty obligation. The company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Inc.
saf@questcorpmining.ca
Tel. (604-484-3031)

Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6.

Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding completion of survey work at the North Island Copper project. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267723

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The Supreme Court on Monday backed President Donald Trump’s decision to fire a commissioner on the Federal Trade Commission, sending yet another signal that the high court intends to revisit a 90-year-old court precedent about executive firing power.

The temporary decision to maintain Biden-appointed Commissioner Rebecca Slaughter’s termination was issued 6-3 along ideological lines. The Supreme Court set oral arguments in the case for December.

Trump’s decision to fire Slaughter and another Democrat-appointed commissioner, Alvaro Bedoya, faced legal challenges because it stood in tension with the FTC Act, which says commissioners should only be fired from their seven-year tenures for cause, such as malfeasance.

Trump fired Slaughter and Bedoya shortly after he took office without citing a cause other than the president’s broad constitutional authority over the executive branch. Bedoya resigned, but Slaughter vowed to fight her firing in court and see the case through to its conclusion.

A lower court initially sided with Slaughter and reinstated her, but she has since been fired and rehired several times as her case made its way to the Supreme Court. Monday’s decision came after the Trump administration asked the high court on an emergency basis to temporarily pause Slaughter’s reinstatement while it considers the merits of the case.

The Supreme Court’s decision to keep Slaughter’s firing intact means she will remain sidelined from the FTC until after the high court hears arguments about the case in December.

The case raises a pivotal question of whether Trump has the ability to fire members of independent agencies as the president pushes for a more unified executive branch. Independent agencies, such as the FTC, various labor boards and the Securities and Exchange Commission, have long been insulated by law from at-will firings.

Slaughter had argued to the Supreme Court that siding with Trump, even on an interim basis, directly flew in the face of the precedent set in Humphrey’s Executor vs. the United States, which deemed President Franklin D. Roosevelt’s firing of an FTC commissioner unlawful.

Legal experts have speculated that the current conservative-leaning Supreme Court is interested in narrowing or reversing Humphrey’s Executor, which could carry broader implications about a president’s ability to fire members of certain independent agencies.

The three liberal justices dissented and would have denied Trump’s stay request. Writing for the dissent, Justice Elena Kagan speculated that the court’s majority may be ‘raring’ to reverse Humphrey’s Executor. She said, though, that it should not make decisions on the shadow docket that contravene that precedent and instead wait until such a reversal happens.

‘Our emergency docket should never be used, as it has been this year, to permit what our own precedent bars,’ Kagan wrote. ‘Still more, it should not be used, as it also has been, to transfer government authority from Congress to the President, and thus to reshape the Nation’s separation of powers.’

Fox News Digital reached out to a representative for Slaughter for comment.

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Ryan Routh, the man accused of attempting to assassinate then-presidential candidate Donald Trump at his Florida golf course last year, said he would not take the stand in his own criminal case on Monday — the strongest sign yet that the defense is preparing to rest its case and kick the trial into its final phase before jury deliberation.

Routh, 59, has been representing himself in the federal criminal trial. He has pleaded not guilty to charges of attempting to assassinate a major presidential candidate, assaulting a federal officer, and possession of a firearm, among other crimes. If convicted, he could face life in prison. 

He previously floated the possibility that he could testify on his own behalf — a risky strategy that would have waived his Fifth Amendment protections against self-incrimination, and opened him up to cross-examination by federal prosecutors.

U.S. District Judge Aileen Cannon asked Routh repeatedly Monday morning whether he’d had enough time to consider his decision not to testify, and whether he wanted to consult standby counsel. He said he was sure. Prosecutors then asked for the lunch hour to decide if they would call rebuttal witnesses.

If none are called, the defense is expected to rest within hours, clearing the way for closing arguments and jury deliberations.

Routh opened his defense Monday with testimony from Michael McClay, a gun specialist and his only expert witness; followed by a family friend, Atwill Milsun, and a former colleague, Marshall Hinshaw.

McClay, an expert in sniper firearms and tactics with an extensive career in military and law enforcement, confirmed at the outset of Routh’s questioning that he was subpoenaed to testify, and did not want to appear on Routh’s behalf.

Routh spent most of the time questioning McClay about the operability scope of the rifle in question, including trying to cast doubt on the likelihood that the SKS rifle in question could not hit a target 375 yards away.

McClay said that it depended on the skill of the shooter — but confirmed that the rifle was capable of hitting a target from that distance.

During cross-examination, prosecutors asked McClay about whether the rifle could inflict damage to someone at that distance, which McClay confirmed it could.

Routh’s questions for McClay were buffeted by long pauses and sighs from Routh, who at one point, mused aloud: ‘I have to order my questions, or I will get confused.’

Routh’s witness list was sparse compared to the dozens of witnesses introduced by prosecutors, including forensics experts, FBI agents, and Secret Service agents over the course of a two-week period.

Instead, he used his two character witnesses to bolster his own attempts to cast himself as a person of ‘peacefulness, gentleness, and non-violence.’

Before his former colleague, Marshall Hinshaw, took the stand, Cannon reiterated to Routh the risks of introducing character witnesses, noting that personal relationships can leave such witnesses exposed to tough cross-examinations. Assistant U.S. Attorney John Shipley told Judge Cannon in response that they planned to limit such questions.

The bulk of the questions Routh asked his witnesses focused closely on his reputation and engagement within the community. ‘You were very well-liked,’ Hinshaw told Routh, adding that he would ‘not expect’ Routh to harm anyone.

Asked whether he could have run for city council, Hinshaw responded, ‘absolutely.’

Certain questions, including about Routh’s ex-wife, prompted Cannon to interject several times, noting that they were far beyond the scope of the case. 

His family friend, Atwill Milsun, echoed that Routh is not a violent person. ‘You’ve always been a jolly person,’ he told Routh, who he said offered ‘everything he had’ to the local community. 

Still, Routh’s absence of counsel was starkly on display. His questions prompted visible frustration from Cannon, who at times had to stop the proceedings and instruct the jury to disregard questions or statements from Routh.

At times, his questions veered into deeply unconventional territory, leaving Cannon seemingly at a loss for words.

At one point, Routh asked Milsun whether he had ‘ever met Tony Hawk.’ Milsun responded, ‘yes,’ though not because of Routh. 

Routh then asked, ‘Would you be willing to go with me to Taiwan to host an international music festival?’ prompting Cannon to cut Routh off from his questions completely.  

‘I’ve given you a great deal of latitude, [but] this must cease,’ she told him.

On a cross-examination, prosecutors asked Milsun if he was aware that Routh ran over an employee with his truck. Milsun responded that he had not been aware of this. 

Both witnesses acknowledged during cross-examinations they had not spoken to Routh for years.

Routh was also not expected to present any evidence on his own behalf. He suggested, at one point, the idea that had a ‘new flashlight item’ to submit, though it is unclear what, exactly, he was referring to. 

Cannon told him that he would need to ‘lay a proper foundation’ before submitting any evidence. Asked whether the flashlight had an exhibit number, Routh told her, ‘It’s a brand new item we just created.’

Cannon told him to defer the matter to standby counsel and return to questioning his witness. 

His earlier submissions to the court were deemed to be inadmissible evidence. Prosecutors noted the exhibits in question include books that were authored by Routh, as well as handwritten drawings and Eagle Scout awards from his childhood. Cannon previously said she would keep the exhibits on the docket to give Routh the ability to challenge the court’s ruling, if he felt the need to do so.

Routh’s attempt to defend himself in his own criminal trial, using scant evidence and a thin list of witnesses, starkly contrasts with the prosecution, which spent nearly two weeks carefully and extemporaneously making its case against Routh to a jury in Fort Pierce, Florida.

In that span, jurors heard from 38 witnesses and reviewed hundreds of exhibits — text messages, call logs, bank records, and cellphone data — linking Routh to the alleged gun purchase and placing him near Trump International Golf Club in West Palm Beach in the weeks before the attempted assassination.

Prosecutors also presented extensive digital and forensic evidence. FBI officials testified last week that Routh’s DNA was found on the rifle scope grip, a glove, a bungee cord, and a bag recovered from the ‘sniper’s nest’ near the sixth hole, where he allegedly waited at least 12 hours for the president’s arrival.

Before resting its case Friday, the government’s final witness, FBI Supervisory Special Agent Kimberly McGreevy, walked the jury through extensive cellphone data, license plate records, surveillance footage, and other information prosecutors alleged tied Routh to Trump’s movements in the weeks before the alleged attempt.

Cannon, despite her visible frustration, seemed to hope Routh would take the opportunity to testify on his own behalf.

‘Have you had enough time to decide?’ she pressed him at one point during the day. 

‘A year,’ Routh told her in response.

After the defense rests, both sides will present their closing arguments to the jury before they deliberate on the verdict. Closing arguments are expected Tuesday or Wednesday at the latest. 

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President Donald Trump will highlight the ‘return of American strength’ in his second administration during his speech at the United Nations General Assembly Tuesday, while delivering ‘blunt’ and ‘tough talk’ about the ‘failures of globalism,’ a White House official told Fox News Digital.

The president is scheduled to deliver his first address of his second administration at the UN General Assembly in New York City Tuesday just before 10 a.m.

A White House official gave Fox News Digital an exclusive preview of the president’s address.

‘President Trump has effectively restored American strength on the world stage,’ a White House official told Fox News Digital. ‘His historic speech at the United Nations General Assembly will highlight his success in delivering peace on a scale that no other president has accomplished, while simultaneously speaking bluntly about how globalist ideologies risk destroying successful nations around the world.’

The president is expected to highlight his successful efforts to negotiate peace around the world—specifically, Armenia and Azerbaijan; Thailand and Cambodia; Rwanda and the Democratic Republic of the Congo; among others.

The president is also expected to highlight his strikes against narcoterrorists from Venezuela.

Earlier this month, a U.S. military strike blew apart a Venezuelan drug boat in the southern Caribbean, leaving nearly a dozen suspected Tren de Aragua narcoterrorists dead. And last week, the president announced that the U.S. military had carried out its second kinetic strike on Venezuelan drug trafficking cartels.

Also last week, the president announced that he ordered a lethal strike on a vessel allegedly linked to a designated terrorist organization conducting narcotrafficking in the U.S. Southern Command’s area of responsibility. That strike left three narcoterrorists dead.

‘Intelligence confirmed the vessel was trafficking illicit narcotics, and was transiting along a known narcotrafficking passage en route to poison Americans,’ Trump posted to his Truth Social announcing the strike.

The president is also expected to highlight his ‘Operation Midnight Hammer,’ which marked the largest B-2 operational strike in history and represented the United States’ move to deliver a decisive blow against Iran’s nuclear program back in June.

Trump’s historic precision strikes on Iran’s nuclear sites hit their targets and ‘destroyed’ and ‘badly damaged’ the facilities’ critical infrastructure—an assessment agreed upon by Iran’s Foreign Ministry, Israel, and the United States.

Trump is also set to detail his work to ‘deliver historic peace deals in decades-long conflicts,’ the official told Fox News Digital.

Meanwhile, the president’s speech will also feature ‘some blunt, tough talk about the failures of globalism.’

‘This will include the global migration regime, energy and climate, and how these ideologies pushed by globalists are on the verge of destroying successful nations,’ a White House official told Fox News Digital.

The president is also expected to discuss America’s position as a ‘defender of western civilization.’

‘As the president delivers peace in major conflicts around the world, what has the United Nations been doing?’ the official said.

After his speech at the United Nations, the president is expected to have meetings with the Secretary-General of the United Nations, António Guterres; Ukrainian President Volodymyr Zelenskyy; the president of Argentina, Javier Milei; and the president of the European Commission, Ursula von der Leyen.

The president is also scheduled to have a multilateral meeting with leaders from Qatar, Jordan, Turkey, Pakistan, Indonesia, Egypt, the UAE and Saudi Arabia.  

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In the end, Disney and ABC had absolutely no choice but to rehire Jimmy Kimmel.

The reason the late-night host is returning to the air tonight is that this whole thing has been an utter PR debacle for ABC, and more personally for Disney chief Bob Iger, who even got whacked by his predecessor as CEO, Michael Eisner, accusing him of bowing to ‘out-of-control intimidation.’

I don’t think I’m going out on a limb in saying that Iger’s reputation is shattered forever.

The company became the poster child as a high-profile opponent of free speech — a deadly label for a news organization like ABC.

So the ‘indefinite’ suspension is over.

I could sniff that things were moving in this direction when I learned the two sides were talking. And when Disney asked Kimmel for a second meeting the other day, I knew the only question was which day he’d be back.

Let’s revisit the dumb and inaccurate comment that got Kimmel in trouble. And remember, like Stephen Colbert, he is so vociferously anti-Trump that he surrendered half his audience:

‘We hit some new lows over the weekend with the MAGA gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them.’  

First, it was beyond tone-deaf, with feelings rubbed so raw over Charlie Kirk’s assassination. And the killer is not ‘MAGA,’ just another crazed lunatic who said he was acting out of ‘hatred’ for Kirk, but also sympathetic to gays and transgender people like his roommate and romantic partner.

At the same time, there was pressure from the FCC, with Chairman Brendan Carr blundering by saying he would act on Kimmel if ABC didn’t. Even Carr’s allies, like Ted Cruz, said he sounded like a mob boss by declaring ‘we can do it the easy way or the hard way.’

Nice little network you got here – be a shame if anything happened to it. Carr walked it back the next day.

What Kimmel said wasn’t the worst thing ever uttered on the air, and maybe in a month it would have passed unnoticed. But not so soon after the targeted assassination.

With that kind of blatant government pressure, ABC caved and took Kimmel off the air as he was about to tape last Wednesday’s show – and was said to be preparing an even tougher monologue about the Kirk killer. Again, he failed to read the electronic room.

It was downhill from there.

For anyone who believes in free speech – and that includes some Democrats who don’t agree with Kirk on just about anything–Disney and ABC were now the enemy.

Howard Stern, Kimmel’s closest friend – their families vacation together – said yesterday he had canceled his Disney+ subscription, as did Robin Quivers. After conferring with Kimmel, he said on his first live show since the suspension:

‘When the government says, ‘I’m not pleased with you, so we’re going to orchestrate a way to silence you,’ it’s the wrong direction for our country. It isn’t good.’

Stern called the suspension ‘horrible’ and ‘outrageous’ for such a ‘big talent… You can’t support this kind of a move. I don’t care whether you like Jimmy or not. It’s about freedom of speech. If ABC wanted to fire Jimmy because they didn’t like him, or he had low ratings — they didn’t want to fire him. They’re being pressured by the United States government. We can’t have that, not if we’re going to have a democracy.’

Howard has an awful lot of followers on Sirius XM that would take their cue from him. 

Some 400 celebrities signed an ACLU letter calling this ‘a dark moment for freedom of speech in our nation.’ These include Jennifer Aniston, Jason Bateman, Robert De Niro, Jane Fonda, Selena Gomez, Tom Hanks, Olivia Rodrigo, Ben Stiller, Jamie Lee Curtis, Julia Louis-Dreyfus, Maggie Gyllenhaal, Michael Keaton, Regina King, Diego Luna, Lin-Manuel Miranda, Natalie Portman, Maya Rudolph, Martin Short and Kerry Washington.

This is the kind of thing that Hollywood really cares about, the bold-faced names.

Kimmel is said to be concerned about the jobs of dozens of producers, staff members and contractors who would lose their livelihoods if the show was deep-sixed.

Disney made a point of saying in its statement that Kimmel was suspended because ‘we felt some of the comments were ill-timed and thus insensitive.’ But ‘thoughtful’ conversations led to Jimmy’s return.

Whether you like Kimmel or not, no company can withstand that kind of pressure, even if it goes against the wishes of Donald Trump, who celebrated the suspension.

Now here’s the challenge Kimmel and Disney/ABC faced.

The suits had already been urging Kimmel to tone down the attacks against Trump. But Kimmel, who has hosted the program since 2003, and parlayed that into Oscars-hosting gigs, has always insisted on his independence. He’s arguably the most famous face at the network.

I played a small role in this last year by asking Trump about Kimmel after the Oscars, and the candidate slammed him, escalating their feud. Jimmy even took a swipe at me (horrors).

So perhaps with a wink and a nod, Kimmel has now agreed to tone things down a tad and the brass has agreed to let him basically say what’s on his mind.

Jimmy Kimmel is the only clear winner in this.

Everyone else – Disney, Bob Iger, Brendan Carr, ABC – is unmistakably a loser and will forever be branded, fairly or otherwise, as cowardly opponents of free speech.

And hey, ratings for tonight’s show should be through the roof. 

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The House of Representatives censured the late Roderick Butler, R-Tenn., in 1870 for taking a bribe for a military academy appointment. 

The House also censured late Rep. Thomas Blanton, D-Texas, in 1921 for inserting a document into the Congressional Record which contained obscene language.

And late Rep. Gerry Studds, D-Mass., faced censure in 1983 for having sex with a 17-year-old page. 

Those are three of the 28 Members ever censured by the House.

 Rep. Ilhan Omar, D-Minn., did not become the 29th Member slapped with censure recently.

That’s probably because Rep. Cory Mills, R-Fla., was one of four Republicans who joined Democrats to block a censure of Omar. And in so doing, Mills may very well have prevented himself from becoming the 30th House Member to be censured.

Censure is the second-highest form of discipline in the House. It falls between a reprimand and expulsion. Censure is more than a regular foul in a soccer game. Kind of like a yellow card, which serves as a caution. But it’s not a red card, either, which triggers ejection.

That said, censure has become a ‘thing’ in recent years on Capitol Hill. If the House were to ever consider censuring any Member, such an inquest would go behind closed doors with the Ethics Committee. An inquiry may take months.

No more. ‘Snap’ censures are now fashionable in the House of Representatives.

Here’s how it works:

Someone thinks someone says a colleague says something outrageous. So they just prep a censure measure, go over the head of the Congressional leadership by making their resolution privileged (meaning the House must consider it within two days) and, if the House votes in favor of your gambit, that Member is censured.

Done.

Rep. Nancy Mace, R-S.C., crafted a resolution to censure Omar and strip the Minnesota Democrat from her committee assignments. Mace accused Omar of using inflammatory rhetoric in the wake of Charlie Kirk’s assassination.

During an appearance on the news outlet Zeteo, Omar claimed ‘there is nothing more effed up, than to completely pretend that his words and actions have not been recorded and in existence for the last decade or so.’ Mace’s resolution quoted from a profane social media video not produced by Omar — but reposted by her — which fired invective at Kirk.

Mace’s maneuver came as leaders from both sides tried to urge calm at the Capitol amid the assassination of Charlie Kirk.

‘Every leader has an obligation to lower the temperature right now,’ said House Democratic Caucus Chairman Pete Aguilar, D-Calif. ‘I disagree with the retweet of one of our one of our colleagues.’

Aguilar said that Mace’s resolution to sanction Omar was not ‘helpful.’

‘Every member of Congress, and certainly the President of the United States, have a responsibility to take the temperature down,’ said House Minority Leader Hakeem Jeffries, D-N.Y. ‘Nancy Mace wants to lecture Ilhan Omar and Democrats about civility? Are you kidding me? It’s not a serious effort. It’s an effort to drive donors into her gubernatorial campaign.’

For his part, House Speaker Mike Johnson, R-La., didn’t try to sidetrack Mace. He declared that ‘Members have a prerogative to file privileged motions.’ 

‘What she did was outrageous and dangerous. And there has to be accountability in the House for these kinds of activities,’ said Johnson. ‘I don’t understand why she uses that kind of language.’

Mace and Omar wound up tangling over the censure resolution on X. 

‘One-way ticket to Somalia with your name on it, Ilhan Omar,’ posted Mace.

‘I am going soon, so please drop off the tickets on your way to your office. I am next door,’ retorted Omar. 

The Minnesota Democrat added that Mace was either not ‘well or smart.’ She added ‘you belong in rehab, not Congress.’

Democrats defended Omar.

‘When we are all trying to take the political temperature down, when we are all trying to work to be able to approach our differences with humanity and stand out against political violence, this is the wrong move,’ said House Minority Whip Katherine Clark, D-Mass.

But lawmakers from both sides are growing weary of the censure trap.

‘Every time a Republican in this House is offended, they pile on censure resolution,’ said Rep. Alexandria Ocasio-Cortez, D-N.Y. ‘I’m not here to be fighting over whatever people’s schoolyard thing is for the day.’ 

‘It’s escalation,’ said Rep. Don Bacon, R-Neb., of Mace’s maneuver. ‘You’ve got to remember, we’re going to be in the minority someday. We’ll be on the receiving end of this.’

Bacon added that Congress is now ‘better at shaming people versus legislating.’

Ultimately, the House never took a direct vote on sanctioning Omar. Democrats instead moved to ‘table’ or kill the resolution. That blocked an actual up/down vote on disciplining Omar. The House then voted 214-213 in favor of tabling Mace’s measure. All 210 Democrats who cast ballots voted to table. But four Republicans joined Democrats: Reps. Mike Flood, R-Neb., Jeff Hurd, R-Colo., Tom McClintock, R-Calif., and Mills.

A ballot by Mills against tabling would have reversed the final tally to 214-213. That means the House would have proceeded immediately to the actual vote to censure Omar. But Mills’ vote with the Democrats froze Mace’s effort.

It’s unclear if Mills based his decision on self-preservation. But had the House censured Omar, it would have undoubtedly triggered a resolution by Rep. Greg Casar, D-Texas, to sanction Mills.

Casar’s resolution accused Mills of assault – which Casar denies. It also alleged that Mills improperly received the Bronze Star when he served in the Army. But once the House diffused the Omar measure, Casar withdrew his plan for Mills.

Flood explained his vote to table.

‘I’m going to vote in ways that support the Ethics Committee,’ said Flood. ‘If we were to pursue a censure action against this Representative, that should be referred to the Ethics Committee. It should be investigated. There should be due process. There should be a back and forth before you issue a censure.’

Mace excoriated her Republican colleagues who voted to table.

‘They didn’t stand with Charlie Kirk. They didn’t stand with the millions of Americans mourning his death. They stood with the one who mocked his legacy. They showed us exactly who they are. And we won’t forget,’ said Mace in a statement.

But censure is now en vogue.

The House censured no members between Studds in 1983 and late Rep. Charlie Rangel, D-N.Y. in 2010. But five Members have felt the weight of censure since 2021.

The House voted to censure Rep. Paul Gosar, R-Ariz., for posting a cartoon video depicting him killing Ocasio-Cortez.

Republicans then began returning the favor.

The House voted to censure former Rep. and now Sen. Adam Schiff, D-Calif., for how he handled the Russiagate investigation. Rep. Rashida Tlaib, D-Mich., faced censure for her comments after Hamas attacked Israel. The House censured former Rep. Jamaal Bowman, D-N.Y., for pulling a false fire alarm. And the House voted earlier this year to censure Rep. Al Green, D-Texas, for heckling President Trump during his State of the Union speech. 

Members have embraced censure lately. Those censured have characterized it as a ‘badge of honor.’ They’ve fundraised off censure. Their colleagues have even engineered a pep rally in the well of the chamber to drown out the House Speaker when he issues the censure.

This probably won’t be the House’s last dalliance into the realm of censure.

‘It just seems like every week or so we want to censure somebody for something,’ lamented Rep. Troy Nehls, R-Tex., who is no fan of Omar. ‘A lot of people say a lot of stupid stuff around here.’ 

This is Congress. So you can bet that someone will say some ‘stupid stuff’ soon. And unless lawmakers can restore some calm, there will be another effort to censure someone else any day now.

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Here’s a quick recap of the crypto landscape for Monday (September 22) as of 9:00 p.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$112,214, a 2.9 percent decrease in 24 hours and its lowest valuation of the day. The cryptocurrency’s price peaked at US$113,384 on Monday.

Bitcoin price performance, September 22, 2025.

Chart via TradingView.

Bitcoin dropped to the US$112,000 range after falling below a key support level, triggering the year’s largest long-liquidation event — over US$1.7 billion in leveraged long positions were closed.

The decline came even as some investor accumulation showed through surging exchange outflows and rising longs on platforms like Bitfinex, which added pressure from both sides.

Bitcoin dominance in the crypto market is 56.74 percent, showing a slight rise week-on-week.

Ether (ETH) was trading at US$4,141.26, down by 7.9 percent. Its lowest valuation as of Monday was US$4,138.92, while its highest was US$4,213.42.

Altcoin price update

  • Solana (SOL) was priced at US$217.12, a decrease of 8.7 percent over the last 24 hours to its lowest valuation of the day. Its highest value was US$223.83.
  • XRP was trading for US$2.83, down by 5.2 percent in the past 24 hours, also reaching its lowest valuation of the day as markets wrapped. Its highest level was US$2.86.
  • Sui (SUI) was valued at US$3.32, trading at its lowest valuation of the day and down by 8.8 percent over the past 24 hours. Its highest price point on Monday was US$3.40.
  • Cardano (ADA) was priced at US$0.8156, down by 8.2 percent over 24 hours to its lowest value of the day. Its highest was US$0.832.

Crypto market insights

Total cryptocurrency liquidations have reached US$132.07 million in the past four hours, with long positions accounting for US$81.71 million and short positions reaching US$50.36 million. This activity signals bearish pressure in the derivatives market, as forced selling of longs often reflects market downside pressure.

Conversely, the BTC perpetual futures funding rate sits at 0.0081 percent, an indication of bullish sentiment.

Ethereum shows similar dynamics, with a funding rate of 0.002 percent; however, bullishness for Ethereum is milder versus Bitcoin. Open interest for BTC and ETH futures stands at US$81.91 billion and US$57.95 billion, respectively.

Anticipated regulatory hearings on crypto oversight, tentatively scheduled to be held by the end of the month, as well as key macroeconomic data releases and remarks from US Federal Reserve policymakers at the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon, are expected to influence market direction this week.

Existing US home sales data is also due on Wednesday (September 24). It will give insight on the state of the housing market, one of the key components of consumer spending and overall economic health.

Fear and Greed Index snapshot

CMC’s Crypto Fear & Greed Index has remained firmly in neutral territory over the past week.

The past week’s negative funding rates on perpetual futures and long/short ratios suggest slight caution, but strong exchange-traded fund (ETF) inflows and recent whale buying show underlying bullish conviction.

CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

Chart via CoinMarketCap.

Today’s crypto news to know

Coinbase launches Mag7 + Crypto Equity Index Futures

Coinbase Global (NASDAQ:COIN) announced the launch of Mag7 + Crypto Equity Index Futures, a monthly, cash-settled futures contract that offers equal exposure to 10 assets:

  • Coinbase’s own shares.
  • BlackRock’s Bitcoin and Ethereum ETFs.

The index follows an even-weighting methodology, with all 10 components representing 10 percent each, and will be rebalanced quarterly. It marks the first US-listed derivative combining traditional equities with crypto.

Strive to acquire Semler Scientific

Strive (NASDAQ:ASST), a former asset manager led by former presidential candidate Vivek Ramaswamy, has agreed to acquire Semler Scientific (NASDAQ:SMLR), a former healthcare tech firm that shifted its strategy by adopting Bitcoin as its primary treasury reserve asset in 2024. Strive itself became a Bitcoin treasury company in 2025 through a merger with Asset Entities, going public to pursue its Bitcoin accumulation strategy.

The all-stock deal is valued at about US$1.34 billion. According to Reuters, the combined entity will hold over 10,900 BTC, making it one of the largest corporate Bitcoin holders globally.

Strive announced a significant US$675 million Bitcoin purchase alongside the acquisition, boosting its Bitcoin holdings from about 70 BTC to almost 6,000 BTC before the acquisition closes. The deal also includes a 210 percent premium offer to Semler shareholders, exchanging each Semler share for 21.05 shares of Strive Class A stock.

“We are proud to announce this exciting strategic merger combining two pioneering Bitcoin treasury companies to form a scaled, innovative and accretive Bitcoin acquisition platform,” said Matt Cole, chairman and CEO of Strive.

Metaplanet becomes fifth largest corporate Bitcoin holder

Tokyo-based Metaplanet (TSE:3350,OTCQX:MTPLF) has cemented itself as a heavyweight in corporate crypto holdings, announcing the purchase of 5,419 BTC worth US$633 million.

The acquisition boosts its total stash to 25,555 BTC valued at nearly US$3 billion, making it the fifth largest corporate Bitcoin treasury, according to BitcoinTreasuries.net. The buy came at an average of about US$117,000 per Bitcoin, leaving the firm temporarily down almost 4 percent as spot prices hovered closer to US$112,500.

Despite the purchase, Metaplanet’s share price has struggled to keep pace. The company has tumbled by more than 30 percent over the past month, even as shares rose modestly this week.

London prepares for US$7 billion Bitcoin fraud trial

The UK is bracing for one of its most significant crypto trials as Zhimin Qian, a Chinese national accused of orchestrating a US$7 billion Ponzi-style fraud, faces charges in London starting on September 29.

Qian allegedly ran Tianjin Lantian Gerui Electronic Technology, a scheme that lured nearly 130,000 investors in China with promises of triple-digit returns between 2014 and 2017.

After China’s crypto ban, she fled to Britain and converted proceeds into Bitcoin, some of which were later seized in UK money laundering probes linked to her associate Jian Wen, already convicted in 2024. Prosecutors have avoided direct fraud charges, instead focusing on offenses tied to the possession and transfer of illicit cryptocurrency.

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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Perth, Australia (ABN Newswire) – On 20 January 2025, BPH Energy Limited (ASX:BPH) and Bounty Oil & Gas NL (Bounty) (ASX:BUY) as the PEP 11 Joint Venture announced that they had been given notice by the National Offshore Petroleum Titles Administrator (NOPTA) that the Joint Authority had refused the Joint Venture Applications made on 23 January 2020 (First Application) and 17 March 2021 (Second Application) (the Decision).

On 12 February 2025 BPH advised that investee Advent Energy Limited’s (BPH 36.1% direct interest) 100% subsidiary Asset Energy Pty Ltd had applied to the Federal Court for an Originating Application for judicial review pursuant to s 5 of the Administrative Decisions (Judicial Review) Act 1977 (Cth) and s 39B of the Judiciary Act 1903 (Cth) to review a Decision of the Commonwealth-New South Wales Offshore Petroleum Joint Authority, constituted under section 56 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth).

The Company has previously announced that the Originating Application was listed for a 2-day hearing commencing on 16 September 2025 and 17 September 2025.

On 16 September after hearing from the parties on technical points of law, the Honourable Justice Jackson decided that the hearing should be conducted by him in NSW and adjourned the proceeding.

On 16 September initial orders reflecting that decision were published and the Company advised that further orders concerning Justice Jackson’s decision will be published once available.

These orders and reasons are now available at the following link.
https://www.abnnewswire.net/lnk/XD14L72C

Asset Energy Pty Ltd is a 100% owned subsidiary of Advent Energy Ltd and lodged the Originating Application as Operator for and on behalf of the PEP11 Joint Venture Partners, Bounty Oil and Gas NL (ASX:BUY) and Asset Energy Pty Ltd.

About BPH Energy Limited:

BPH Energy Limited (ASX:BPH) is an Australian Securities Exchange listed company developing biomedical research and technologies within Australian Universities and Hospital Institutes.

The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.

BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.

BPH currently partners with several academic institutions including The Harry Perkins Institute for Medical Research and Swinburne University of Technology (SUT).

Source:
BPH Energy Limited

Contact:
David Breeze
admin@bphenergy.com.au
www.bphenergy.com.au
T: +61 8 9328 8366

News Provided by ABN Newswire via QuoteMedia

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Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce that the latest research and development efforts for the CERENERGY(R) cell and battery pack have resulted in the design possibility of a higher-capacity battery system. Development has focused on an expanded module concept that delivers greater energy within the same casing. By shifting from the current 48-cell configuration to a beehive arrangement of 72 cells per module, each pack-comprising five modules-now achieves an energy capacity of 90 kWh (from 60 KWh) while maintaining the existing battery casing structure.

Highlights

– R&D work developed an expanded CERENERGY(R) module concept, increasing capacity from 48 to 72 cells per module in a beehive arrangement

– Each five-module pack now delivers 90 kWh (from 60 KWh) of energy while retaining the existing casing and factory setup, requiring no infrastructure changes.

– System-level benefits include higher energy and power density, improved thermal behaviour, and cost reductions of ~30% at module and pack level

– Thermal modelling confirms uniform heat distribution with no excessive build-up, resulting in lower internal resistance and stable performance

– Engineering refinements-simplified cell contacting, optimised welding, repositioned sensors, and a redesigned frame-improve layout, assembly efficiency, and long-term reliability

– The redesign enhances competitiveness in EUR/kWh and strengthens scalability towards full industrial production

– No final decision on final design as yet – further modelling work

– R&D work on incorporation into a grid pack has commenced

Importantly, this innovation requires no modification to the established factory design and setup. At the system level, the improvements deliver higher energy and power density, enhanced thermal performance, and cost reductions of approximately 30% at both the module and pack levels.

The redesign reduces inactive or unheated areas within the battery, with R&D efforts focused on analysing thermal distribution and heat accumulation during operation. Thermal modelling confirms that effective heat management is achievable, showing no excessive build-up during charging and discharging. Results demonstrate a uniform temperature profile, leading to lower internal resistance and more stable performance under load.

From an engineering perspective, the new module concept also resolves practical design challenges. It introduces simplified cell contacting, creating additional internal space and a cleaner layout. Further refinements include optimised welding techniques, repositioned temperature sensors, and a redesigned frame-collectively enhancing assembly efficiency, structural robustness, and long-term reliability.

At the system level, these advancements deliver higher energy and power density, improved thermal behaviour, and cost reductions of around 30% at both the module and pack levels. This results in a more competitive EUR/kWh and strengthens scalability towards full industrial production.

A final decision on the design has not yet been reached, as additional modelling work continues alongside ongoing R&D focused on achieving seamless integration into a grid-scale battery pack, ensuring optimised performance, reliability, and cost-efficiency for future commercial deployment.

Group Managing Director, Iggy Tan said ‘We are very encouraged by the outcome of our latest CERENERGY(R) development program. Achieving a 72–cell beehive module design that lifts pack capacity to 90 kWh-without any change to the existing casing or factory setup-is a significant milestone. Not only does this innovation increase energy density, it also simplifies engineering, enhances thermal management, and reduces cost by nearly 30%. These results strengthen the commercial competitiveness of CERENERGY(R) and confirm its scalability towards full industrial production. With each step, we are moving closer to delivering a next-generation, high-performance battery solution for the global energy storage market.’

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/3NN1GBH0

About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

Source:
Altech Batteries Ltd

Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

News Provided by ABN Newswire via QuoteMedia

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