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Those College Football Playoff hopes for Notre Dame? 

They’re doing just fine.

The 15th-ranked Fighting Irish ensured their bid to get back to the national championship title game is far from over with their running game leading a 34-24 defeat of No. 21 Southern California in the 96th Battle of the Jeweled Shillelagh.

It was only the seventh game of the season for Notre Dame, but it was the one that would decide the fate of the rest of the campaign. It couldn’t afford another loss after opening with close defeats to Miami and Texas A&M.

The Fighting Irish played with the necessary urgency, running for 306 yards, led by a career day by Jeremiyah Love. The junior running back piled up a career-high 228 yards and one touchdown on the ground on just 24 carries for an average 9.5 yards per carry. It was the most rushing yards for a Notre Dame player in Notre Dame Stadium history.

‘We just played our butts off, and when the opportunity presented itself, we executed,’ Love said.

Love was complimented by 87 rushing yards from fellow back Jadarian Price, but his impact went beyond the running game. 

After USC rallied in the second half to take a 24-21 lead in the third quarter, Price took the ensuing kickoff 100-yards to the house and sent the Notre Dame faithful into a frenzy. Between Love and Price, the dynamic duo combined for 436 total yards.

‘It’s not very common in life to see two guys that are so talented that deserve the ball in their hand every snap, but choose to put the team in front of themselves and then make the most of their opportunities,’ Freeman said.

The strong performance from the running backs delivered what Freeman wanted in the rivalry matchup: a physical, ‘bloody’ performance. He believed which ever team proved its toughness at the line of scrimmage would emerge on top, and the steady rain in South Bend forced both teams to focus on the ground game.

On both sides, it all pointed to a Fighting Irish win. Not only did Notre Dame dominate on the ground, but it limited the Trojan rushing attack to 68 yards.

‘It was going to be one in the trenches,’ Freeman said. ‘We weren’t going to be able to throw up the ball a lot in the second half because of the moisture and the weather. That’s what we want.

‘That’s our edge. We got to be we got to play the game in a physical matter,’ he added.

Notre Dame has now won five consecutive games, but most importantly got its first ranked win of the season. Even if the Trojans fall out of the US LBM coaches poll, it’s a big resume booster that the Fighting Irish need to secure a spot in the playoff if they can win the rest of the games.

Costly mistakes dooms USC

The Trojans had a chance to reclaim the lead several times in the second half but were undone by too many mistakes. Quarterback Jayden Maiava threw an interception, but it was a failed trick play in the fourth quarter that really killed any momentum the Trojans had.

They attempted a reverse-pass play with receiver Makai Lemon, but he fumbled while looking to throw the ball. Notre Dame recovered for a key turning point in the game. It was one of three turnovers committed by USC. Notre Dame had just one.

It’s the failed trick play that was haunting Riley after the loss.

‘Stupid call, stupid call,’ he said.

Notre Dame was able to add another touchdown to make it a 10-point game and USC couldn’t cut the deficit, shut out in the final frame.

It’s a difficult loss for USC and Riley after showing signs of life in a win over Michigan last week. Although it wasn’t a conference win, the Trojans are 5-2 and the path to its first playoff appearance gets more difficult, especially with a road trip to Oregon later in the season.  

This post appeared first on USA TODAY

  • Kalen DeBoer dressed in his black assassin’s hoodie, and Alabama zapped another ranked opponent. This time, Tennessee fell victim.
  • If Ty Simpson keeps playing like this, he’ll be a Heisman Trophy finalist.
  • Interception swings game to Alabama.

TUSCALOOSA, Ala. – Must be the hoodie.

Couldn’t just be that Kalen DeBoer has become the best big-game coach in the country.

Seriously. Look it up. Peep his record against ranked opponents. It’s mind-bogglingly brilliant.

Couldn’t just be that DeBoer’s got Alabama playing like it intends to spend the first Saturday of December in Atlanta, competing for an SEC championship. And it couldn’t just be that he’s got his quarterback playing like he’ll be in New York City the following week.

Nah, it must be that “black hoodie of death.”

A mere seven weeks ago, Alabama and its coach were the butt of the joke.

Now, he’s Darth DeBoer. His No. 6 Crimson Tide just zapped a fourth straight ranked opponent, felling No. 11 Tennessee 37-20 at Bryant-Denny Stadium.

Alabama fans were ready for a bloodletting after DeBoer’s second season as the GOAT’s heir started with a pathetic performance in a loss at Florida State.

Boosters were grumbling, and the mood was such that one fan played the Powerball with hopes of winning so she could personally cover DeBoer’s buyout that tops $60 million and run him out of town. Seriously.

Better save those shekels. If Alabama keeps this up, this season will include bonuses, not buyouts, for DeBoer.

From Penn State to LSU and lands in between, what opposing fan bases would give for a coach with DeBoer’s 19-3 career record against ranked opponents, or his now 14-2 record in that assassin’s hoodie. All other game-day attire has been retired. DeBoer ought to burn that red polo he wore against Florida State, but he protected the precious hoodie from cigar smoke while players enjoyed a puff, as is tradition after the Third Saturday in October rivalry.

‘I told the guys not to get any ashes on it,’ DeBoer quipped.

Alabama, Ty Simpson continue march toward SEC championship game

Inside the messy SEC, only Texas A&M remains undefeated, but who wants to take on Alabama? It’s toppled Georgia and halted the nation’s longest home winning streak. It regained its honor against Vanderbilt. It survived Missouri. It mauled Tennessee.

Nobody should take wins like these for granted in perilous times like these, inside this unforgiving conference, not when Texas needs overtime to survive Kentucky, and Texas A&M is pushed to the brink by Arkansas and LSU’s losing to Vanderbilt.

These aren’t the 2022 Vols, and their pass defense is especially vulnerable. Quarterback Ty Simpson took full advantage, deftly passing for 253 yards. Tennessee fits into that middle glob of SEC teams that are pretty good, but not great. Alabama’s established itself onto a higher tier.

No, I’m not declaring Alabama “back,” because what does that even mean? Nick Saban’s dynasty is finished. This six-game win streak doesn’t change that. What this does do is establish Alabama as a top playoff contender, maybe even the SEC’s best national championship contender.

Anyway, Alabama’s not winning with the joyless murderball style that became the hallmark of Saban’s peak. This is a quarterback-fueled uprising.

Simpson’s playing as well as any quarterback south of the Mason-Dixon Line, and his wide receivers are some of the finest this side of Columbus, Ohio.

On Alabama’s first drive, Simpson faced peril. Two pass rushers had him pinned in — or so it seemed. He danced in the end zone to buy time, then fired a strike to Josh Cuevas to move the chains on third down. That entire first drive — a 91-yard march — became a master class of quarterbacking by this veteran who sat behind Bryce Young, then Jalen Milroe, and waited his turn to become a star in a transfer age. He went from a preseason question mark to a midseason premier asset.

Tide turns to Alabama on pivotal interception

Good as he was, Simpson’s arm didn’t deliver this victory.

This one swung on a 14-point twist on the final play before halftime. Tennessee’s Joey Aguilar flipped a pass toward the end zone, where Miles Kitselman was running an out route toward the pylon.

If Aguilar’s pass had found its mark, the Vols would have gone to their locker room trailing by just two points, having stolen the momentum. Instead, Alabama cornerback Zabien Brown stole the football.

Aguilar’s pass lacked the required zip, and it sailed to Kitselman’s back shoulder instead of leading him. Brown jumped the route, pried the pigskin from the sky and won a 99-yard footrace to the opposite end zone. A would-be seven points for Tennessee became seven for Alabama.

And the Tide hooped and hollered on their way to the locker room, and their fans pumped their red and white pompoms, and Tennessee was toast.

“Love it,” DeBoer said in his radio interview on his way to the halftime locker room.

Keep beating rivals like this, wearing that black hoodie, and maybe these rabid fans in this football-crazed state will even learn to love him back.

Blake Toppmeyer is the USA TODAY Network’s senior national college football columnist. Email him at BToppmeyer@gannett.com and follow him on X @btoppmeyer.

This post appeared first on USA TODAY

ATHENS, Ga. – It’s their own dang fault. They’ve set the bar so high, there’s only one way this could unfold. 

With the end of the boogeyman.

Structurally speaking, of course. Because even No. 7 Georgia’s 43-35 thrill-a-minute victory over No. 5 Ole Miss can’t hide the hideous truth. 

‘We weren’t dead,’ said Georgia defensive end Jordan Hall. ‘We just needed one stop.’

Said every Big 12 player and coach, ever. And here’s the crazy part: the architect of some of the greatest defenses of the modern era said it, too.

That was Georgia coach Kirby Smart, whose work as defensive coordinator at Alabama and head coach at Georgia over the past two decades redefined the art of stopping the other guy, standing at the podium in the aftermath of this epic volley of last man with the ball wins, struggling to comprehend and explain it all.

‘I always show confidence in our defense,’ Smart said. ‘Which is hard to do now.’

If you think that’s a shocking statement, consider this: but for Georgia’s typical meltdown last month against nemesis Alabama, the Bulldogs and their ungodly example of defense would be unbeaten.

The defense that gave up five touchdowns on Ole Miss’ first five drives, that didn’t force a punt until the fourth quarter, that last month gave up 41 points in a win over Tennessee, is still in position to play for the SEC championship and potentially earn a top-four seed in the College Football Playoff. 

With a defense that fits perfectly in the old Western Athletic Conference.

‘We just had to keep scoring points,’ said Georgia tight end Lawson Luckie, who caught three touchdown passes. ‘Every series, score points.’

The one saving grace for Georgia was the Ole Miss defense, which still can’t stop any legitimate offense in a big game — especially away from Oxford. So you get what we got on a perfect, sun-splashed day in the deep south. 

Points and touchdowns. All over the joint. 

Georgia’s nine drives: field goal, touchdown, touchdown, field goal, touchdown, touchdown, touchdown, field goal, end of game.

Were it not for Georgia finally figuring it out defensively on the final three drives of the game for Ole Miss — or more to the point, Ole Miss simply missing plays that were there for the taking — the official end of Georgia’s defensive dominance would’ve included a devastating loss. 

This is the same Ole Miss offense that last week struggled to score 24 points on lowly Washington State. Then the Georgia defense stepped on the field, and it may as well have been one of those Mark Richt era Todd Grantham defenses of long ago, helpless to stop anything and anyone.

Ole Miss failed to score on the final drive of the game, a three-and-out (three drives, no scores) of the worst kind. That’s 11 plays for 13 yards, after torching the Georgia defense for whatever it wanted over the first five drives.

As strange as it sounds, the best friend of the Georgia defense was the Georgia offense, which chewed clock with extended drives that kept Ole Miss off the field. Imagine that, the worst possible scenario for Georgia was its defense on the field ― until it mattered most.

‘We just looked at each other and said, we gotta have it,’ said Georgia linebacker CJ Allen. ‘Just needed one stop.’

Somewhere, all over the NFL footprint, the stars of Georgia past just puked.

Nothing about this Georgia defense remotely resembles past iterations under Smart, defenses that controlled the front with four down linemen, played two safeties high and dared you to throw the ball.  

Defenses that set the tone by eliminating the run game, pressuring the quarterback and forcing turnovers. Defenses that made Georgia the boogeyman of college football. 

Now Georgia can’t get to the quarterback, and can’t cover a simple hitch throw. To be fair to the defense, Ole Miss quarterback Trinidad Chambliss was masterful at extending plays and finding open receivers.

But there’s no such thing as extending plays on Jalen Carter and Jordan Davis, or Nolan Smith and Travon Walker, or Nakobe Dean and Quay Walker. And that’s kind of the point.

Those elite defenders Smart had stacked and packed on the roster like game day traffic on State Road 316, aren’t around anymore. Whether it’s recruiting misses, or development or players leaving for the transfer portal, this defense can’t dictate games ― much less control them.

The Bulldogs had eight sacks in six games before Ole Miss rolled into town, which is sort of like saying Lake Burton, the 2,800 acre playpen of the rich and famous (and Nick Saban) 90 minutes north of here, suddenly went dry.

If you think that’s bad, the Dawgs have forced six turnovers in seven games. Six.

The two areas that have defined the Georgia defense — and really, the Georgia program — under Smart are all but obsolete. The Dawgs aren’t getting to the quarterback, and aren’t forcing turnovers.

They’re just holding on for their very lives in big games.

At one point in the post-game news conference, an exasperated Smart was asked why the defense played so much man coverage if there were obvious problems in the secondary.

‘(Chambliss) was 12-for-12 against zone (coverage),’ Smart said. ‘I’d rather play man, and hope we can get to 2nd-and-10.’

That’s about as damning a statement as Smart could make. The Dawgs simply don’t have game-changing players on defense, which forces the offense — saved Saturday by tough, overachieving quarterback Gunner Stockton — to be nearly perfect. Or play a defense worse than their defense (see: Ole Miss). 

When Georgia isn’t perfect offensively, Tennessee blows a chance to beat the Dawgs for the first time since 2016. Alabama stops a bleed-out by beating Georgia (again), and Georgia needs some funky officiating to beat an Auburn team with a truly pitiful offense. 

It’s no secret how it got to this point, how the anchor of all things big, bad Georgia can’t find its footing. How the offense, with Gunner Stockton gutting it out despite an oblique injury and playing the best game of his brief career, now has to save the team in the fourth quarter.

There was a time when the Georgia defense salted away games long before that. When its very presence on the field intimidated everything and everyone.

The next thing you know, a quarterback (Chambliss) who was playing at Division II Ferris State last season, is running around and making plays ― and making the once feared Georgia defense look mighty average.

‘Our margins are small and tight,’ Smart said. ‘If we can run the ball and stop the run, we can win the game. It will just be holy hell to win it.’

Either way, the boogeyman is dead. Long live, the Georgia offense. 

Matt Hayes is the senior national college football writer for USA TODAY Sports Network. Follow him on X at @MattHayesCFB.

This post appeared first on USA TODAY

University of Tennessee coach Tony Vitello has emerged as a frontrunner for the San Francisco Giants’ managerial opening, yet his hiring is not certain, according to a person familiar with the Giants’ managerial negotiations.

The person spoke to USA TODAY Sports on condition of anonymity due to the sensitive nature of negotiations.

Vitello is the highest-paid coach in collegiate baseball, at more than $3 million a season, and it’s believed he’d have to take a pay cut to manage in the major leagues, where first-time managers earn significantly less.

Posey has interviewed multiple candidates, including Nick Hundley, his former backup catcher with the Giants. They’ve reportedly interviewed former Baltimore Orioles manager Brandon Hyde and Kansas City Royals bench coach Vance Wilson.

While many managers still struggle to make $1 million a season at the entry level, the top end of the market has gone up in recent years with Craig Counsell’s five-year, $40 million contract to shift from the Milwaukee Brewers dugout to the Chicago Cubs, and Dave Roberts’ $8.1 million annual salary with the Los Angeles Dodgers.

In the past five years, the pay scales have made a move from the pro ranks to the colleges more likely, with coaches such as former Minnesota Twins pitching coach Wes Johnson moving on to the same job at LSU before taking the head position at Georgia.

Posey meeting Vitello’s market would pose some risk for the second-year baseball chief, with the fiery Volunteers coach having to adjust to both the pro game and professional personalities. Posey made significant changes to the Giants roster this past winter, yet the club finished 81-81, the fourth consecutive season the club finished between 79 and 81 wins.

The Athletic first reported that Vitello and the Giants were in advanced discussions about the managerial opening.

This post appeared first on USA TODAY

MLS players gathered around each other, watching iPhones and stadium scoreboards, waiting for final whistles to blow on Decision Day, Oct. 18.

Some were celebrating with pride. Others left the pitch disappointed as their seasons came to an end.

The Philadelphia Union won the 2025 Supporters’ Shield. They’ve clinched home-pitch advantage in the 2025 MLS Cup playoffs.

FC Cincinnati and Inter Miami each finished one point behind them in the standings. All three clubs finished with higher point totals than any of their counterparts in the West.

The East well could host the West in the MLS Cup final on Dec. 6.

Expansion side San Diego FC won the Western Conference ahead of Vancouver. They’ve secured the most points by any expansion club in MLS history.

Messi wins MLS Golden Boot, could win MVP

  • Lionel Messi scored a hat trick with an assist to help Inter Miami beat Nashville SC 5-2. He finishes with 29 goals and 19 assists to finish with 48 goal contributions in 2025.
  • Anders Dreyer had two goals and an assist in a 3-0 win at Portland, finishing with 19 goals and 19 assists.
  • Denis Bouanga was held scoreless, finishing the season with 24 goals and nine assists.
  • Nashville’s Sam Surridge scored against Inter Miami, finishing with 24 goals and five assists.
  • Cincinnati’s Evander had a goal and assist against Montreal, finishing with 18 goals and 15 assists.

Final Eastern Conference standings

  1. Philadelphia Union (66 points)
  2. FC Cincinnati (65)
  3. Inter Miami CF (65)
  4. Charlotte FC (59)
  5. New York City FC (56)
  6. Nashville SC (54)
  7. Columbus Crew (54)
  8. Chicago Fire (53)
  9. Orlando City SC (53)

Eastern Conference playoff matchups

Wild-card matchup:

  • Chicago Fire (No. 8) vs. Orlando City (9)

Round 1 (best-of-three series):

  • Philadelphia Union (1) vs. Chicago Fire-Orlando City (8/9 winner)
  • FC Cincinnati (2) vs. Columbus Crew (7)
  • Inter Miami CF (3) vs. Nashville SC (6)
  • Charlotte FC (4) vs. New York City FC (5)

Final Western Conference standings

  1. San Diego FC (63 points)
  2. Vancouver Whitecaps (63)
  3. Los Angeles FC (60)
  4. Minnesota United (58)
  5. Seattle Sounders (55)
  6. Austin FC (47)
  7. FC Dallas (44)
  8. Portland Timbers (44)
  9. Real Salt Lake (41)

Western Conference playoff matchups

Wild-card matchup:

  • Portland Timbers (No. 8) vs. Real Salt Lake (No. 9)

Round 1 (best-of-three series):

  • San Diego FC (1) vs. Portland Timbers/Real Salt Lake (8/9 winner)
  • Vancouver Whitecaps (2) vs. FC Dallas (7)
  • LAFC (3) vs. Austin FC (6)
  • Minnesota United (4) vs. Seattle Sounders (5)

When do the MLS playoffs start?

Here is the playoff schedule:

  • Oct. 22: Wild-card matches (single-elimination matches)
    • Chicago Fire vs. Orlando City (8:30 p.m. ET, MLS Season Pass)
    • Portland Timbers vs. Real Salt Lake (10:30 p.m. ET, MLS Season Pass)
  • Oct. 24-Nov. 9: Round 1 (best-of-three series)
  • Nov. 22-23: Conference semifinals (single-elimination matches)
  • Nov. 29-30: Conference finals (single-elimination matches)
  • Dec. 6: MLS Cup (single winner-take-all match)
This post appeared first on USA TODAY

Vince Lanci of Echobay Partners explains what’s driving silver’s record-setting price run.

According to Lanci, who is also a professor at the University of Connecticut and publisher of the GoldFix newsletter on Substack, the London market is facing a liquidity crisis as nations that would typically sell or lend their silver choose to keep the metal at home.

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

This post appeared first on investingnews.com

  • MAVERIC Phase III pivotal trial of orphan drug candidate CardiolRx in recurrent pericarditis is fully funded through to a planned New Drug Application submission with the FDA.

  • New data from the ARCHER trial, highlighting the magnitude of reduction in left ventricular (LV) mass and the read through to heart failure, to be presented at a cardiology conference in November 2025.

  • Next-generation therapy CRD-38 for heart failure funded through to clinical development, with partnership discussions advancing with leading pharmaceutical companies.

Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) (‘Cardiol’ or the ‘Company’), a clinical-stage life sciences company advancing late-stage, anti-inflammatory and anti-fibrotic therapies for heart disease, today announced the successful completion of a private placement offering (the ‘Offering’) of units (‘Units’) for net proceeds of US$11 million. The initial closing of US$10 million has been completed, with the remaining US$1 million to close on Monday, October 20, 2025.

‘As recruitment in our pivotal Phase III MAVERIC trial gains momentum, with several prominent centers across the U.S. now enrolling patients, we are pleased to have secured a direct investment of US$11 million to strengthen our balance sheet and accelerate the development of our novel heart failure drug, CRD-38, based on the recently reported findings from our ARCHER trial,’ said David Elsley, President and CEO of Cardiol Therapeutics. ‘Topline results from our ARCHER trial demonstrated a significant reduction in LV mass-marking the first evidence of structural and remodeling improvement in patients with myocarditis. This landmark finding represents our second clinical validation in inflammatory heart disease and establishes a key translational link to data published earlier this year in the Journal of the American College of Cardiology, which demonstrated the beneficial effects of the active pharmaceutical ingredient or API in CardiolRx on cardiac structure, inflammation, and fibrosis in a model of heart failure. The ARCHER findings support pursuing an additional Orphan Drug Designation for CardiolRx in myocarditis and advancing the development of our next-generation CRD-38 formulation, which delivers the same API via subcutaneous administration, to target the broader heart failure market. Notably, blockbuster drugs that reduce LV mass have been shown to lower heart failure-related death and hospitalization, underscoring the clinical potential of Cardiol’s differentiated anti-inflammatory mechanism to address a large unmet need in heart failure, where five-year mortality rates still exceed 50%.’

Under the Offering, the Company sold a total of 11 million Units at a price of US$1.00 per Unit. Each Unit consists of one Class A common share of the Company (a ‘Common Share‘) and one-half of one Common Share purchase warrant. Each whole warrant entitles the holder to acquire one additional Common Share at an exercise price of US$1.35 for a period of 24 months from the date of issuance. The warrants include an acceleration provision, allowing the Company to advance their expiry to the 30th day following the issuance of a news release if the daily volume-weighted average trading price of the Common Shares exceeds US$2.00 for five consecutive trading days. Proceeds from the Offering provide cash resources that are anticipated to support operations into the third quarter of 2027.

The securities have not been registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘), or any U.S. state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the ‘United States’ or ‘U.S. persons’ (as such terms are used in Regulation S under the U.S. Securities Act), absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or in compliance with an exemption therefrom. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Certain insiders of the Company participated in the Offering. Such participation is considered to be a ‘related-party transaction’ within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company is relying on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related-party participation in the Offering as the fair market value (as determined under MI 61-101) of the subject matter of, and the fair market value of the consideration for, the transaction, insofar as it involved interested parties, did not exceed 25% of the Company’s market capitalization (as determined under MI 61-101).

About Cardiol Therapeutics

Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) is a clinical-stage life sciences company advancing late-stage, anti-inflammatory and anti-fibrotic therapies for heart disease. The Company’s lead small molecule drug candidate, CardiolRx, modulates inflammasome pathway activation, an intracellular process known to play an important role in the development and progression of inflammation and fibrosis associated with pericarditis, myocarditis, and heart failure.

The MAVERIC Program in recurrent pericarditis, an inflammatory disease of the pericardium which is associated with symptoms including debilitating chest pain, shortness of breath, and fatigue, and results in physical limitations, reduced quality of life, emergency department visits, and hospitalizations, comprises the completed Phase II MAvERIC-Pilot study (NCT05494788) and the ongoing pivotal Phase III MAVERIC trial (NCT06708299). The U.S. FDA has granted Orphan Drug Designation to CardiolRx for the treatment of pericarditis, which includes recurrent pericarditis.

The ARCHER Program (NCT05180240) comprises the completed Phase II study in acute myocarditis, an important cause of acute and fulminant heart failure in young adults and a leading cause of sudden cardiac death in people less than 35 years of age.

Cardiol is also developing CRD-38, a novel subcutaneously administered drug formulation intended for use in heart failure-a leading cause of death and hospitalization in the developed world, with associated healthcare costs in the United States exceeding US$30 billion annually.

For more information about Cardiol Therapeutics, please visit cardiolrx.com.

Cautionary statement regarding forward-looking information:

This news release contains ‘forward-looking information’ within the meaning of applicable securities laws. All statements, other than statements of historical fact, that address activities, events, or developments that Cardiol believes, expects, or anticipates will, may, could, or might occur in the future are ‘forward-looking information’. Forward-looking information contained herein may include, but is not limited to statements regarding the Company’s focus on developing anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease, the Company’s intended clinical studies and trial activities and timelines associated with such activities, including the Company’s plan to complete the Phase III study in recurrent pericarditis with CardiolRx, the Company’s plan to advance the development of CRD-38, a novel subcutaneous formulation intended for use in heart failure, the Company’s presentation and publication of the comprehensive ARCHER trial data, the Company’s belief that results from the ARCHER trial provide compelling clinical proof of concept for CardiolRx and strongly support advancing the clinical development of CardiolRx and CRD-38 for the treatment of inflammatory cardiac disorders including cardiomyopathies, heart failure, and myocarditis, and statements regarding the expected length and scope of funding for the Company’s development plans as a result of the Offering. Forward-looking information contained herein reflects the current expectations or beliefs of Cardiol based on information currently available to it and is based on certain assumptions and is also subject to a variety of known and unknown risks and uncertainties and other factors that could cause the actual events or results to differ materially from any future results, performance or achievements expressed or implied by the forward looking information, and are not (and should not be considered to be) guarantees of future performance. These risks and uncertainties and other factors include the risks and uncertainties referred to in the Company’s Annual Information Form filed with the Canadian securities administrators and U.S. Securities and Exchange Commission on March 31, 2025, available on SEDAR+ at sedarplus.ca and EDGAR at sec.gov, as well as the risks and uncertainties associated with product commercialization and clinical studies. These assumptions, risks, uncertainties, and other factors should be considered carefully, and investors should not place undue reliance on the forward-looking information, and such information may not be appropriate for other purposes. Any forward-looking information speaks only as of the date of this press release and, except as may be required by applicable securities laws, Cardiol disclaims any intent or obligation to update or revise such forward-looking information, whether as a result of new information, future events, or results, or otherwise. Investors are cautioned not to rely on these forward-looking statements.

For further information, please contact:
Trevor Burns, Investor Relations +1-289-910-0855
trevor.burns@cardiolrx.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270946

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

The Government of Ontario started taking applications for resource development projects under its “One Project, One Process” framework on Friday (October 17).

The new process, which Ontario lawmakers introduced in the spring, promises to streamline and reduce the permitting time for selected projects by at least half, introducing a dedicated office to consolidate applications. Under the current system, the permitting process can add up to 15 years to a project’s development cycle, the government stated.

In addition to supporting Ontario’s mining industry, the new framework is also a reaction to policy shifts in the United States under the Trump administration, as his tariff policy affects the Ontario and Canadian economies.

“With President Trump taking direct aim at our economy, it has never been more important to protect Ontario jobs and build the mines that will power our future,” said Stephen Lecce, Minister of Energy and Mines.

The new policy is similar to the national one introduced by Prime Minister Mark Carney in September. That program, which created the Major Projects Office, is geared to support investment and permitting for projects deemed to be in the national interest. The initiative was part of his election platform earlier in the year in response to Trump’s tariffs on imports of Canadian goods.

In a speech to the Peterson Institute of International Economics on Thursday (October 16), Bank of Canada Governor Tiff Macklem stated that Canada’s growth outlook remains “soft.”

He identified several trends that are affecting Canadian and global economies. The first is a slowing of global trade that began in 2010, which then accelerated as Trump increased tariff rates to the highest levels since the 1930s.

The second is a shift away from the US as the world’s largest trading hub, as supply chains strengthen in China and Europe, creating new hubs there. Macklem also noted that, while the US remains dominant in global finance, investors have expressed uncertainty due to its declining trade position and increasing debt load.

For Canada, Macklem said the tariffs have affected cross-border trade and stymied investment into Canadian industries, weakening gross domestic product growth.

Although it’s uncertain if the Bank of Canada will cut its rate when it makes its next policy decision on October 29, Macklem said, “Monetary policy cannot undo the damage of tariffs.” Instead, he suggested that Canada needs to lower barriers to interprovincial trade and focus on projects that increase the export of Canadian goods overseas.

South of the border, Federal Reserve Chairman Jerome Powell gave a speech on Tuesday (October 14) to the National Association of Business Economics in Philadelphia. In his remarks, he said the outlook for the jobs market and inflation has not changed since September, and signaled the likelihood of another rate cut when the Federal Open Market Committee meets on October 28 and 29.

In the days following Powell’s remarks, the price of gold surged to a new record high of US$4,379.13 on Thursday, and silver rose to a new record of US$54.40 per ounce. Both have since retreated, but remain elevated.

For more on what’s moving markets this week, check out our top market news round-up.

Markets and commodities react

Canadian equity markets were down this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) lost 0.71 percent over the week to close Friday at 30,108.48.

The S&P/TSX Venture Composite Index (INDEXTSI:JX) fared worse, ending the week down 3.85 percent at 965.58. The CSE Composite Index (CSE:CSECOMP) also fell this week, shedding 5.33 percent to close out the week at 179.76.

The gold price set another new record, reaching an intraday high of US$4,379.13 per ounce in early morning trading Friday EST before retreating to US$4,252.69 by Friday’s close. Ultimately, gold was up 5.82 percent over the week.

The silver price also gained significantly this week, again breaking its own all-time high in early trading Friday when it reached US$54.47 per ounce. However, it had pulled back US$51.76 by 4:00 p.m. EDT Friday, posting a weekly gain of 3.46 percent.

The copper price was flat on the week, down just 0.2 percent to US$5.03 per pound.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) fell 2.23 percent to end Friday at 539.84.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 4:00 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. JZR Gold (TSXV:JZR)

Weekly gain: 112.77 percent
Market cap: C$28.95 million
Share price: C$0.50

JZR Gold is a gold company with exposure to the Vila Nova gold project, located in Amapá, Brazil, through a joint venture royalty agreement with the project’s operator, ECO Mining Oil & Gaz Drilling and Exploration.

JZR received a 50 percent net profit interest in the Vila Nova project following the completion of payments totaling US$6 million to ECO in January 2023. The funds were used to advance the project and construct an 800 metric ton per day bulk sampling gravimetric mill at the site.

According to JZR, the funding is considered a loan and will be “repaid to the Company from the proceeds of the sale of any products, prior to the distribution of any profits.”

The project holds approximately 9 million metric tons of gold tailings grading an average of 2.47 grams per metric ton (g/t) gold from historic operations. The companies plan to reprocess the tailings to generate near-term cash flow that will fund further exploration at the site, anticipating production of 2 kilograms of gold per day.

Shares gained this week alongside the October 14 news that ECO produced the first gold concentrate from the Vila Nova gold project’s mill. JZR said that ECO has begun to stockpile material at the mill site as it continues testing and optimization, with the goal of improving efficiency and increasing throughput.

2. Austral Gold (TSXV:AGLD)

Weekly gain: 90 percent
Market cap: C$75.37 million
Share price: C$0.095

Austral Gold is a gold production company operating two mines in Latin America.

Its Guanaco – Amancaya mine complex in Chile is its primary operation, hosting a 1,500 metric ton per day milling circuit, a 3,000 metric ton per day crushing circuit and a heap leaching processing plant. In 2024, the complex produced 15,138 ounces of gold and 37,154 ounces of silver.

Austral’s other operation is the Casposo – Manantiales complex in Argentina, which hosts a 1,100 metric ton per day mill and a dry-stack tailings facility. The mine had been on care and maintenance since 2019, during which time Austral worked on exploration at the site, along with its refurbishment plan to restart operations.

Shares in Austral rose this week following a pair of announcements on Tuesday.

The first was a report that Austral has resumed production at Casposo, currently sourcing material from the existing stockpiles. The company said it plans to transition to open-pit mining and is in negotiations with a contractor to finalize an agreement.

The company produced 230 gold equivalent ounces of doré during the commissioning phase, which began in December 2024, according to the release. It expects Casposo to produce 4,000 to 6,000 gold equivalent ounces during Q4.

In the other release, Austral provided an updated mineral reserve estimate for Casposo reporting proven and probable gold contained to be 80,000 ounces of gold and 3.28 million ounces of silver with average grades of 1.31 g/t gold and 58.52 g/t silver from 2.15 million metric tons of ore.

3. Resouro Strategic Metals (TSXV:RSM)

Weekly gain: 88.64 percent
Market cap: C$29.14 million
Share price: C$0.415

Resouro Strategic Metals is a polymetallic exploration and development company working to advance its mineral properties in Brazil.

Its Tiros rare earth metals and titanium project is located in Minas Gerais, Brazil, and comprises 28 mineral rights covering an area of 497 square kilometers.

According to a May 2025 technical report, the site hosts a measured and indicated resource of 1.4 billion metric tons of ore grading 12 percent titanium dioxide and 4,000 parts per million of total rare earth content.

The company also owns the Novo Mundo gold project located in the Alta Floresta gold province in Central Brazil. It consists of three licenses totaling 167 square kilometers.

On Tuesday, Resouro provided an update to its ongoing private placement, noting that it had received subscription agreements and expects to close in the next week.

4. Nio Strategic Metals (TSXV:NIO)

Weekly gain: 75 percent
Market cap: C$16.24 million
Share price: C$0.175

Nio Strategic Metals is an exploration company working to advance its assets in Québec, Canada.

Its primary focus has been on its Oka rare earth and critical minerals project. The property hosts a past-producing niobium mine and several nearby mineralized zones.

According to the project page, Oka’s total measured and indicated resource is 10.63 million metric tons of ore at an average grade of 0.65 percent niobium oxide.

While the company did not release any news this week, shares in Nio Strategic Metals rose significantly.

5. Boron One (TSXV:BONE)

Weekly gain: 71 percent
Market cap: C$14.92 million
Share price: C$0.06

Boron One is an exploration company focused on advancing its Piskanja project located near Belgrade, Serbia.

The asset hosts two primary densely mineralized zones with gently undulating borate beds. The company was initially granted its exploration license in 2010, with the exclusive right to apply for a mining license.

In a preliminary economic assessment for the project released in June 2022, Boron One, then named Erin Ventures, reported an economic case with an after-tax, net present value of US$524.9 million with an internal rate of return of 78.7 percent and a payback period of 12 months.

It also provided a mineral resource statement that demonstrated a measured and indicated resource of 2.36 million metric tons of boric oxide from 6.87 million metric tons of ore with an average grade of 34.36 percent boric oxide.

The most recent news from the project came on September 26 when the company provided an update on its application for a mining license, noting the Ministry of Mining has requested amendments to the company’s application before it can be approved.

Boron One said it is preparing the revised version “as quickly as possible.”

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

This post appeared first on investingnews.com

This week was marked by strong, event-driven volatility across the tech sector.

Market moves were shaped by artificial intelligence (AI) infrastructure announcements, semiconductor earnings, signals of macroeconomic stress and escalating tensions between the US and China.

Effects of the US government shutdown, coupled with renewed trade tensions between the world’s largest tech markets, weighed on global equities. Quarterly results from regional banks eased earlier concerns about credit risks after Zions Bancorp (NASDAQ:ZION) and Western Alliance (NYSE:WAL) disclosed loan issues related to apparent fraud.

Wall Street ultimately saw weekly gains, despite a midweek selloff that impacted high-value, high-risk sectors.

Hardware and infrastructure were the core positive contributors in the tech sector, reflecting the ongoing AI supercycle investment theme fueled by chip production and data center buildouts.

Semiconductor stocks were the standout performers, boosted by record earnings reports from Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE:TSM) on Tuesday (October 14) and ASML Holding (NASDAQ:ASML) on Wednesday (October 15). Broadcom (NASDAQ:AVGO) and NVIDIA (NASDAQ:NVDA) also rose alongside TSMC, contributing to PHLX Semiconductor Sector’s (INDEXNASDAQ:SOX) 1.2 percent rebound on Thursday (October 16).

Advanced Micro Devices’ (NASDAQ:AMD) deal with Oracle (NYSE:ORCL) to deploy 50,000 GPUs, which was announced the same day as TSMC’s earnings, added a competitive dynamic that sparked selective volatility among chipmakers; at the same time, it underscored strong AI-driven hardware demand across the sector.

In consumer hardware, Apple’s (NASDAQ:AAPL) product launch was notable, but not the primary market mover.

Data centers also had a big impact, highlighted by Microsoft’s (NASDAQ:MSFT) US$14 billion Texas AI data center partnership with Nscale, and Brookfield Asset Management’s (TSX:BAM,NYSE:BAM) US$5 billion investment in Bloom Energy’s (NYSE:BE) fuel cell technology for powering AI-focused data centers. Oracle is forecasting acceleration in its AI data center business, indicating expanding hardware-backed infrastructure demand

Software and cloud-native company movements were more mixed, with gains from Salesforce (NYSE:CRM), but declines from others like Meta Platforms (NASDAQ:META) and Palantir Technologies (NASDAQ:PLTR).

3 tech stocks that moved markets this week

1. Broadcom (NASDAQ:AVGO)

Broadcom shares surged nearly 10 percent on Monday (October 13) after OpenAI announced a multi-year agreement to co-develop custom AI GPUs. The collaboration will focus on deploying 10 gigawatts of custom AI accelerators designed by OpenAI and built by Broadcom, with deployment set to start in H2 2026 and continue through 2029.

Later, multiple reports emerged citing individuals claiming that OpenAI is also partnering with Arm Holdings (NASDAQ:ARM) to produce custom CPUs to work alongside its Broadcom co-designed chip.

Shares of Arm also advanced by over 11 percent.

2. Advanced Micro Devices (NASDAQ:AMD)

Oracle and AMD also announced a major partnership this week, where Oracle will deploy 50,000 AMD-powered MI450 GPUs in its cloud infrastructure starting in the third quarter of 2026, with plans for ongoing expansion.

AMD’s share price rose by over 9 percent on the news, with the deal creating competitive pressure for rival chipmakers like NVIDIA. Meanwhile, Oracle shares declined by almost 7 percent on Friday (October 17) after the firm’s CEO, Clay Magouryk, provided an upbeat projection to analysts, indicating that the deployment of 50,000 AMD-powered MI450 GPUs will significantly accelerate Oracle’s AI business growth.

However, analysts highlighted the potential for a significantly high CAPEX, possibly leading to negative free cashflow totaling more than US$26 billion over the next three fiscal years.

3. Salesforce (NYSE:CRM)

Shares of Salesforce rose by almost 4 percent on Thursday after the company announced a revenue target of US$60 billion by 2030 during its Investor Day at Dreamforce event on Wednesday.

Salesforce plans to achieve this ambitious target through accelerated adoption of AI-powered cloud platforms and ongoing innovation in enterprise software services, as well as expanded use of generative AI across its CRM, analytics, and automation suites.

Broadcom, Salesforce and AMD performance, October 14 to 17, 2025.

Chart via Google Finance.

Tech ETF performance

This week, the iShares Semiconductor ETF (NASDAQ:SOXX) advanced by 1.94 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) saw a weekly gain of 1.66 percent.

The VanEck Semiconductor ETF (NASDAQ:SMH) increased by 1.59 percent.

These modest gains occurred against a backdrop of heightened volatility, indicating ongoing optimism in the long-term growth of the semiconductor industry.

Other tech market news

            Tech news to watch next week

            Next week brings quarterly earnings from major tech firms Tesla (NASDAQ:TSLA) and IBM (NYSE:IBM) on October 22, followed by Intel (NASDAQ:INTC) and Amazon (NASDAQ:AMZN) on October 23.

            Any new developments in US-China relations, potential technology export restrictions or antitrust actions could significantly affect tech stock performance. Market watchers will also be on the lookout for any indication of an end to the US government shutdown.

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

            This post appeared first on investingnews.com

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            finlay minerals ltd. (TSXV: FYL,OTC:FYMNF) (OTCQB: FYMNF) (‘Finlay’ or the ‘Company’) is pleased to announce that it has closed its non-brokered private placement (the ‘Private Placement’), previously announced on October 6, 2025, consisting of the issuance of: (i) 10,633,999 flow-through units of the Company (each, a ‘FT Unit’) at a price of $0.15 per FT Unit, and (ii) 883,000 non-flow-through units of the Company (each, a ‘NFT Unit’) at a price of $0.13 per NFT Unit, for aggregate gross proceeds to the Company of $1,709,890.

            Each FT Unit is comprised of one common share of the Company issued on a flow-through basis under the Income Tax Act (Canada) (a ‘FT Share‘) and one-half of one non-flow-through common share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant is exercisable by the holder thereof to acquire one non-flow-through common share of the Company (a ‘NFT Share‘) at an exercise price of $0.25 per NFT Share until October 17, 2027.

            Each NFT Unit is comprised of one NFT Share and one Warrant with identical terms to the Warrants underlying the FT Units.

            The Company intends to use the gross proceeds of the Private Placement for exploration of the Company’s SAY, JJB and Silver Hope properties, and for general working capital purposes, as more particularly described in the offering document for the Private Placement. The Company will use the gross proceeds from the issuance of FT Shares to incur ‘Canadian exploration expenses’ and qualify as ‘flow-through critical mineral mining expenditures’, as such terms are defined in the Income Tax Act (Canada).

            The Private Placement was conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions and in reliance on the Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. The securities issued to purchasers in the Private Placement are not subject to a hold period under applicable Canadian securities laws. The Private Placement is subject to final approval of the TSX Venture Exchange.

            The Company paid aggregate cash finder’s fees of $96,550.78 and issued 648,358 non-transferable finder warrants (each a ‘Finder Warrant‘) to arm’s length finders of the Company, as compensation for identifying purchasers in the Private Placement. Each Finder Warrant entitles the holder thereof to purchase one NFT Share at an exercise price of $0.25 per NFT Share until October 17, 2027. The Finder Warrants and the NFT Shares issued on exercise thereof are subject to a hold period expiring on February 18, 2026 in accordance with applicable securities laws.

            This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.

            About finlay minerals ltd.

            Finlay is a TSXV company focused on exploration for base and precious metal deposits through the advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and central BC. All of the properties are located in areas of recent copper-gold porphyry discoveries.

            Finlay trades under the symbol ‘FYL’ on the TSXV and under the symbol ‘FYMNF’ on the OTCQB. For further information and details, please visit the Company’s website at www.finlayminerals.com 

            On behalf of the Board of Directors,

            Robert F. Brown,
            Executive Chairman of the Board

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

            Forward-Looking Information: This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as ‘expect’, ‘plan’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘schedule’, ‘forecast’, ‘budget’, ‘estimate’, ‘intend’ or ‘believe’ and similar expressions or their negative connotations, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’, ‘should’ or ‘might’ occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the final approval for the Private Placement from the TSXV and the planned use of proceeds for the Private Placement. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include the ability to obtain regulatory approval for the Private Placement, the state of equity markets in Canada and other jurisdictions, market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements, and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law. 

            SOURCE finlay minerals ltd.

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