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Skeptics of the Taylor Swift-Travis Kelce romance were dead wrong

Sport 4 Mins Read

  • Taylor Swift and Travis Kelce are engaged. Proving it was never a fake love story.
  • Initial skepticism stemmed from perceptions of Kelce as a goof and an unlikely match for Swift.
  • This moment shows the power of love. Yes, it really does.

Once, someone wrote that the Taylor Swift and Travis Kelce relationship was fake. Not real. A made up thing. Some kind of publicity stunt. Some of what was written was tongue in cheek but it also seemed like the right approach. You know why. These types of highly public romances seem artificially inflated.

The headline to the story read: ‘The Taylor Swift-Travis Kelce romance is fake. You know it is. So what? Let’s enjoy it.’

Well, it wasn’t fake, was it?

You know the dolt who wrote that story? This guy. Me. That’s who.

It was two years ago. What I will say is that when I reached out to NFL players around that time, as well people in various front offices, and even inside the NFL’s offices, no one believed it. And I mean, no one. It was considered a total joke.

Long live the Eras Tour with our enchanting book

Part of the perception was no one took Kelce’s love life seriously. The Kansas City Chiefs tight end was viewed as a future Hall of Famer and remarkable player but kind of a goof. After all, this is a man who was the star of his own reality dating show, ‘Catching Kelce,’ in 2016.

With news of Kelce’s engagement to Swift coming Tuesday, Aug. 26, what we see now is that love isn’t so easily explained. It doesn’t come in neat little packages. It’s not something we can predict. It’s not something that we can even vision. It’s like a fifth dimension that only becomes clear when it’s right before our face and, even then, it can be muddled.

And predicting other people’s love? LOL. Even more impossible. When I see Kelce. When I hear him. When I see him melt around Swift, well, hoo boy were we wrong. But at the time, he didn’t seem like the kind of person who would be capable of such deep emotional connections.

What the football world saw in Kelce (outside of the Chiefs) was someone seemed too odd to date someone like Swift — a megastar, talented businesswoman and super intelligent human. But we deeply, wrongly underestimated Kelce.

We saw in the ‘New Heights’ podcast just how much they love each other, but also, how much love Kelce has inside of him. He’s no goof.

This lesson is about love. Its powers and abilities are more super than any Avenger. It can destroy us but it can also captivate us. We know it when we see it and we see two people deeply in love. For once, for just once, we should drop our cynicism. That protective veil who sees a heating Earth and soiled politics and just enjoy this.

It’s OK. It’s totally OK.

Remember the beginning? Swift was shown at Arrowhead Stadium during FOX’s broadcast of the Kansas City’s game against the Chicago Bears at the end of Sept. 2023. Swift was sitting in a box next to Donna Kelce, Travis’ mom. Swift was cheering while wearing a red hoodie as the team prepared for kickoff. People rolled their eyes.

No longer. At least no one should be.

I see there are betting odds for when they will get divorced. Those oddsmakers will be as wrong as I was.

It’s fine to believe in love. Try it.

Just try it. It won’t hurt this time.

This post appeared first on USA TODAY

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Sport

Coco Gauff outlasts Ajla Tomljanovic in first round of US Open

Sport 3 Mins Read

Coco Gauff fired her primary coach, and that decision is about to come under scrutiny at the US Open tennis tournament.

Her new coach, Gavin MacMillan, is a biomechanics specialist Gauff is hoping can help her fix ongoing struggles with her serve.

So far, good enough.

The third-seeded Gauff, the American star, outlasted the formidable Ajla Tomljanovic 6-4, 6-7 (7), 7-5 — despite a flawed serve that proved solid enough.

During an on-court interview after the match, Gauff said preparing for the US Open for the past 5-6 days with a new coach “has been really tough and mentally exhausting. … I think I’m just trying to improve with each match.’’ 

Both players had trouble holding serve, but neither had trouble powering the ball from the baseline. They spent much of the match slugging it out during long rallies. They combined for 115 unforced errors, but they also cracked 41 winners — 29 from Gauff.

Although Gauff had 10 double faults, she also uncorked four aces and her fastest serves topped 110 mph.

And in the end, it was pure Gauff. She struck a signature backhand for a winner and match point.

Gauff called it a tough match and it lasted just three minutes shy of three hours.

“Ajla was tough,” Gauff said. ‘I felt she was getting so many balls back and I was trying to push her back and she was standing on top of the baseline.

‘But, yeah, it wasn’t the best but I’m happy to get through to the next round.’’

Coco Gauff vs. Ajla Tomljanovic highlights

Coco Gauff interview

Coco Gauff vs Ajla Tomljanović: US Open score

Coco Gauff def. Ajla Tomljanovic 6-4, 6-7 (7), 7-5 in first round of US Open.

Coco Gauff next opponent

Coco Gauff is slated to face Donna Vekic in the second round on Thursday, Aug. 28.

Uh oh, Coco

Gauff led 4-2 in the second set before Tomljanovic fought back and went up 5-4. Soon Gauff looked clutch, saving two set points before knotting the set at 5-5. But the set went to a tiebreak and Tomljanovic was in control the whole way before closing it out 7-2.

Coco Gauff bounces back after shaky start

Gauff dropped the first two games of the match and she looked especially apprehensive with her service. But she fought back. Showing increased confidence, she won six of the next eight games and secured the set, 6-4.

How to watch Coco Gauff at US Open Round 1

Match time: 7 p.m. ET

TV: ESPN

Streaming: ESPN+, Fubo

Opponent: Ajla Tomljanović of Australia. Gauff and Tomljanović have played only once, with Gauff winning that match at the Paris Olympics 6-3, 6-0.

Watch the US Open with ESPN+

Coco Gauff: What to know

Gauff, who won the US Open in 2023, is seeded third. She recently parted ways with her primary coach, Matt Daly, and hired biomechanics specialist Gavin MacMillan as she continues to struggle with her serve. Gauff and her first-round opponent, Ajla Tomljanović of Australia, have played only once, with Gauff winning that match at the Paris Olympics 6-3, 6-0.

This post appeared first on USA TODAY

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Sport

When is the UEFA Champions League draw? What to know for 2025-26

Sport 3 Mins Read

Entering the second year under its new format, the 2025-26 UEFA Champions League draw will be held on Thursday, Aug. 28 in Monaco, assigning all the matchups for the primary stage of the world’s premier club soccer competition.

Coming off the club’s first-ever European title, Paris Saint-Germain enters the new campaign as one of the favorites to lift the trophy in Budapest, Hungary, at the end of May. Real Madrid, the 15-time winners, will look to get back on top after an exit in last year’s quarterfinals.

This is the first time the tournament has featured six teams from one domestic league, with Liverpool, Arsenal, Manchester City, Newcastle United, Chelsea and Tottenham all representing the English Premier League.

Here’s what to know about Thursday’s draw:

When is the Champions League draw?

The UEFA Champions League draw is scheduled for Thursday, Aug. 28 at 12 p.m. ET.

How does the Champions League draw work?

Thirty-six teams from across Europe will participate in the league phase, with each being assigned eight opponents – four home matches and four on the road – in Thursday’s draw.

The clubs enter the draw in four pots based on UEFA rankings and cannot be matched up against another team from their own country (ex: Real Madrid can’t draw Barcelona), and no team can face more than two opponents from any other country.

Champions League format

The 36 clubs all play in one ‘league’ with matches staged on select Tuesdays and Wednesdays through January, with the top eight teams advancing directly to the round of 16.

The teams that finish ninth-24th enter the knockout round playoffs in February, two legged ties that will determine the other eight teams in the last 16.

Once the 16 remaining teams are determined, the rest of the bracket is drawn – with the top eight finishers seeded.

Champions League schedule

League stage

  • Matchday 1: Sept. 16-18
  • Matchday 2: Sept. 30-Oct. 1
  • Matchday 3: Oct. 21-22
  • Matchday 4: Nov. 4-5
  • Matchday 5: Nov. 25-26
  • Matchday 6: Dec. 9-10
  • Matchday 7: Jan. 20-21, 2026
  • Matchday 8: Jan. 28, 2026

Knockout round playoffs

  • First leg: Feb. 17-18
  • Second leg: Feb. 24-25

Round of 16

  • First leg: March 10-11
  • Second leg: March 17-18

Quarterfinals

  • First leg: April 7-8
  • Second leg: April 14-15

Semifinals

  • First leg: April 28-29
  • Second leg: May 5-6

Final: May 30 at Puskás Aréna in Budapest, Hungary

This post appeared first on USA TODAY

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Sport

Las Vegas Aces salvage season, eye another deep playoff run

Sport 5 Mins Read

CHICAGO — The Las Vegas Aces are back to their old selves. And that ought to scare the hell out of the rest of the WNBA.

After falling two games below .500 on July 10 and being in danger of missing the playoffs, the Aces take an 11-game win streak into Atlanta on Wednesday night (7:30 p.m. ET, NBA TV). Their win over Chicago on Monday clinched a playoff spot, and they could move up to the No. 2 seed with a win against the Dream.

“People should be nervous,” Aces point guard Chelsea Gray told USA TODAY Sports. “I still don’t think that we’ve really hit our peak yet.”

The Aces, back-to-back champs in 2022 and 2023 and semifinalists last year, were quietly and then not so quietly written off after an awful start to the season. The low point came after the All-Star break, when they got walloped twice in eight days by the Minnesota Lynx.

The first loss, by 31 points, was bad. The second, by 53 points, was a cover-your-eyes-and-hide-the-children train wreck.

“I had a locker room full of frustration and my biggest goal was just keep everybody on the ship and keep the ship moving in the right direction. Nobody gets to jump overboard,” Aces coach Becky Hammon said.

From the outside, Las Vegas’ struggles were confounding. The Aces still had four starters from their 2023 championship team, including A’ja Wilson, the three-time MVP and most dominant player in the game, and Gray, one of the best point guards in WNBA history.  

They’d added Jewell Loyd, a two-time WNBA champion with the Seattle Storm and 2023 scoring leader, and veteran Dana Evans. Hammon, in her fourth season after returning to the WNBA, is now one of the league’s longest-tenured coaches.

But the losses of Kelsey Plum and Alysha Clark, along with former assistants Natalie Nakase (Golden State Valkyries) and Tyler Marsh (Chicago Sky), meant this was a very different team. Even with their biggest names still around, this Aces team needed to establish its own rhythm.

“We spoiled a lot of people with the way we played and how we played, and they expected that year after year from us when it looks different, it was very different, for us. We had a completely new team from top to bottom, and that takes time,” Wilson told USA TODAY Sports.

Under Hammon, Las Vegas had become a fast-paced offensive juggernaut. The 2023 title team had four players who averaged 15 points or more, and the 2022 team had three. (Gray averaged 13.7 points in 2022.) The Aces had the league’s top offensive rating in 2022 and 2023, and were second last year.

This version of the Aces doesn’t have that same firepower. Or speed, much to Hammon’s irritation.

The Aces are currently seventh in scoring, at 82.8 points a game. They’re taking fewer shots (67.4) than they did in both 2023 (69.2) and 2022 (70.3), and their pace and offensive ratings are the lowest, by far, of Hammon’s tenure.

“None of it’s been intentional. I hate playing slow,” Hammon said. “I want that ball kicked up. I want to play faster. But at the end of the day, it’s like the personality of your kid. It’s going to be what it’s going to be. I can’t make it be something it’s not.”

The difference is this team is better defensively than Hammon’s previous Las Vegas teams.

“Their ownership and their accountability on that end of the floor with each other has really gone through the roof,” Hammon said. “Even with a high-powered offense, you have a bad shooting night, a lot of times you’re in jeopardy of losing games. And with this team we can shoot terrible and still win some games.”

Since that terrible, awful, no good loss to Minnesota, the Aces are allowing 77.8 points a game. That’s an improvement of more than five points from the first 28 games. They haven’t allowed anyone to score more than 87 points, after giving up 90 or more nine times in the early going.

The addition of NaLyssa Smith, acquired from Dallas right before the All-Star break, has only strengthened the Aces on the defensive end.

In Monday night’s game against the Chicago Sky, Las Vegas was clinging to a two-point lead, and its win streak, with 1:21 left to play. Smith delivered a monster block on Kamilla Cardoso’s close-range layup, then had the defensive rebounds on Chicago’s next two possessions as Las Vegas escaped with a 79-74 win.

“Back in what? Early May, June, we probably would’ve lost this game,” Aces guard Jackie Young said. “But I think it just shows our growth throughout the year and how we’re able to just come together as a team and grind out a win.”

After Wednesday’s game, the Aces’ eighth in 14 days, they will get a week off before playing Minnesota again. It will be a measure of how far Las Vegas has come and, improbable as it was just a month ago, a possible preview of the WNBA Finals.

“We’re just trying to hit our stride,” Gray said. “There’s times where we play a good 30-minute game. Or a 32-minute dominant game. We’re looking forward to 40.”

The rest of the W should consider itself warned.

Follow USA TODAY Sports columnist Nancy Armour on social media @nrarmour.

This post appeared first on USA TODAY

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Sport

Unlucky bat toss costs MLB slugger six-game suspension

Sport 1 Min Read

Major League Baseball disciplined Contreras, the St. Louis Cardinals’ first baseman, on Aug. 26, one day after he flew into a rage after getting ejected and chucked the bat toward the field, striking hitting coach Brant Brown in the arm.

Contreras, 33, is appealing the suspension and was in the lineup for their game against the Pittsburgh Pirates.

Contreras, 33, was upset at home plate umpire Derek Thomas’s called strike call in the seventh inning of their game against Pittsburgh and was ejected after apparently saying something while walking back to the dugout.

Contreras is batting .261 with 29 homers and an .802 OPS this season for the Cardinals.

The USA TODAY app gets you to the heart of the news fast. Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

This post appeared first on USA TODAY

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Editor's pick

What a stake in Intel could mean for U.S. taxpayers now and in the future

Editor's pick 5 Mins Read

U.S. taxpayers are now the largest shareholders in Intel. What comes next isn’t so clear.

The Trump administration announced Friday that the government had taken a 10% stake in the California-based computer chipmaker, which has fallen behind rivals Nvidia and AMD in the artificial intelligence race. Over the past five years, Intel’s share price has declined more than 50%.

The administration has not provided any details about when or under what circumstances it would sell the Intel shares — or whether it would sell them at all. Nor did it say whether the United States would benefit from any dividends, although Intel has not paid out any since last year. The administration does not plan to take any board seats and has said it will vote against the company only in “limited” circumstances.

While Commerce Secretary Howard Lutnick suggested Friday that national security was a key motivator for taking the stake, President Donald Trump focused Monday more on the prospect of financial gains.

“I will make deals like that for our Country all day long,” Trump said on Truth Social. “I love seeing their stock price go up, making the USA RICHER, AND RICHER. More jobs for America!” he added.

Intel’s shares have climbed about 4% since the transaction was announced. Some experts said that while there is a potential upside to the agreement, it represents another norm-shattering expansion of presidential authority by Trump into the business world — and most likely not the last.

Already, the Trump administration has taken a “golden share” in Japan’s Nippon Steel as part of a deal granting approval to that company’s bid for U.S. Steel and giving the government a say in future Nippon transactions. Last month, the Defense Department announced it had purchased $400 million in rare earth miner MP Materials, making it the company’s largest shareholder. The White House also plans to take a cut of the sales that chipmakers Nvidia and AMD make to China.

Trump told reporters Monday that he hopes to see “many more” deals like Intel’s, adding that nobody “realizes how great it will be.” Kevin Hassett, director of Trump’s National Economic Council, said similar deals could help form the basis of a sovereign wealth fund, an idea that the administration had floated earlier as a way of giving U.S. taxpayers direct stakes in companies but had yet to fully develop.

“At some point there’ll be more transactions, if not in this industry, in other industries,” Hassett said on CNBC.

The U.S. stake in Intel does not amount to a complete government takeover. While the federal government has assumed total control of private corporations before, such incidents have usually happened during times of crisis — and not with the direct intention of trying to play the markets.

“He’s doing all this in a spooky, controversial way,” said Clyde Wayne Marks, a fellow in regulatory studies at the Competitive Enterprise Institute, a libertarian think tank. “Right now there is no crisis.”

President Woodrow Wilson nationalized railroads, as well as the telegraph, telephone, radio and wireless stations, during World War I. Nearly two decades ago, the government bailed out a host of private firms during the 2008-09 global financial crisis.

While the bailout involved holding corporate assets on the U.S. government’s books with the goal of returning earnings to taxpayers, there was never any serious intention to own them over the long term. And a Government Accountability Office study concluded in 2023 that the program ultimately came at a net cost of about $31 billion.

The U.S. government has long provided subsidies to private corporations in the form of loans and grants, to varying degrees of success. Two high-profile examples came during the Obama administration, when the Energy Department provided loans to a solar power company called Solyndra and to electric vehicle maker Tesla. Solyndra ultimately went bankrupt, while today Tesla is worth $1.2 trillion on the stock market.

Some have argued that the United States would have benefited from having taken a stake in Tesla. Yet at the time Tesla received the loan, in 2010, beliefs about the free market and the need to limit the government’s role in it prevailed not just among Republicans, but among Democrats, as well, experts say.

“Our system has not typically been built that way — it’s not how free enterprise is typically run,” said Dan Reicher, a former Energy Department official under Presidents Bill Clinton and Barack Obama. “History has proven that the more free-market approach, making the bottom line the bottom line for the companies running these operations, is a smarter way to go.”

Intel’s fortunes have sagged. Its manufacturing segment lost $3.2 billion in the second quarter, and last month it said it would lay off 15% of its workforce by year’s end while canceling billions in planned investments and delaying the completion date for a $28 billion chip plant near Columbus, Ohio.

In a securities filing Monday, Intel warned investors of the potential risks involved in the U.S. investment, among them that the arrangement may actually limit its ability to secure grants down the road, depending on its future performance. It could also harm international sales and make Intel subject to additional regulations and restrictions, both at home and abroad, it said.

On Monday, Trump was asked whether the Intel investment represented a new way of doing industrial policy.

“Yeah. Sure it is,” Trump said. “I want to try to get as much as I can.”

This post appeared first on NBC NEWS

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Editor's pick

Frontier Airlines goes after struggling rival Spirit’s customers with 20 new routes

Editor's pick 3 Mins Read

Frontier Airlines is going after customers of Spirit Airlines, whose financial footing has gotten so shaky in recent weeks that it warned earlier this month it might not be able to survive another year without more cash.

Frontier on Tuesday announced 20 routes it plans to start this winter, many of them in major Spirit markets like its base at Fort Lauderdale International Airport in Florida. Frontier overlaps with Spirit on 35% of its capacity, more than any other airline, according to a Monday note from Deutsche Bank airline analyst Michael Linenberg.

Some of Frontier’s new routes from Fort Lauderdale include flights to Detroit, Houston, Chicago and Charlotte, North Carolina. It’s also rolling out routes from Houston to New Orleans; San Pedro Sula, Honduras; and Guatemala City.

Frontier had tried and failed to merge with its budget airline rival several times since 2022.

“I’m not here to talk about M&A,” Frontier CEO Barry Biffle said in an interview with CNBC on Tuesday when asked whether Frontier would buy Spirit. Biffle said he expects that Frontier would pick up the majority of Spirit’s market share if Spirit collapsed.

Both carriers have struggled from changing customer tastes for more upmarket seats and trips abroad, an oversupply of domestic capacity, and higher labor and other costs. Spirit’s situation has become more dire however, after it emerged from four months of bankruptcy protection in March facing many of the same problems.

Ultra-low-cost airlines are also challenged by larger rivals like United Airlines, American Airline and Delta Air Lines that have rolled out their own no-frills basic economy tickets but also offer customers bigger choices of destinations and other perks onboard like snacks and beverages.

Stock prices of rival airlines surged after Spirit’s warning earlier this month.

Biffle said the carrier wants to become the country’s largest budget airline and has rolled out loyalty matching programs to grab more customers. Frontier’s capacity was slightly smaller than Spirit’s in the second quarter, through the latter had slashed its flying by nearly 24% from a year earlier, while Frontier was down only 2%.

Spirit last week said it drew down the entire $275 million of its revolver and while it reached a two-year extension on its credit card processing agreement with U.S. Bank N.A., it agreed that it would hold back up to $3 million a day from the carrier.

The airline lost $245.8 million in the second quarter. Frontier lost $70 million.

Spirit has been looking for ways to slash costs, including furloughing and demoting hundreds more pilots and cutting unprofitable routes. Hundreds of flight attendants are on unpaid leaves of absence.

Spirit CEO Dave Davis said in an Aug. 12 staff memo after its “going concern” warning that “the team and I are confident that we can build a Spirit that will continue to provide consumers the unmatched value that they have come to expect for many years to come.”

The carrier reached a deal with bondholders who agreed to convert debt to equity in its Chapter 11 bankruptcy, but it didn’t cut other costs like renegotiating aircraft leases. Leasing firms have been reaching out to rivals in recent weeks to gauge whether competitors would take any of the Airbus planes that are in Spirit’s hands, according to people familiar with the matter, who asked to speak anonymously because the talks were private.

— CNBC’s Phil LeBeau contributed to this report.

This post appeared first on NBC NEWS

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Investing

Alvopetro Announces Production Results from Murucututu 183-D4 Well and an Operational Update

Investing 10 Mins Read

Alvopetro Energy Ltd. (TSXV: ALV,OTC:ALVOF) (OTCQX: ALVOF) announces initial production results from our recently completed 183-D4 Murucututu well (100% working interest) and an operational update.

President & CEO, Corey C. Ruttan commented:

‘The initial results from our 183-D4 well are extremely encouraging and have allowed us to post record daily natural gas production levels from our 100% owned Murucututu asset. This result reinforces our vision for Murucututu and our long-term growth objectives.’

Operational Update

Brazil

On our 100% owned Murucututu field, the 183-D4 well was drilled in the second quarter to a total measured depth of 3,072 metres. The well encountered the Caruaçu Member of the Maracangalha Formation 106 metres structurally updip of our 183-A3 well which has been on production since the fourth quarter of 2024. Based on cased-hole gamma ray logs and normalized gas while drilling, the well encountered potential natural gas pay in the Caruaçu Member of the Maracangalha Formation, with an aggregate 61 metres total vertical depth (‘TVD’) of potential natural gas pay between 2,439 and 2,838 metres TVD. We completed the well in seven intervals. The well went through an initial 116-hour cleanup period, recovering 2,620 barrels of completion fluid and 132 barrels of natural gas liquids. After this initial cleanup period, we flowed the well for 70 hours at a constant 32/64’choke at an average rate of 162 e 3 m 3 /d (5.7 MMcfpd, 953 boepd) with a 1,401psi flowing wellhead pressure. During this period, we also recovered a total of 995 barrels of completions fluid and 174 barrels of natural gas liquids. Average natural gas liquids (condensate) production during the flow period was 60 boepd. The flow rate over the last hour was 161 e 3 m 3 /d (5.7 MMcfpd, 947 boepd) with 1,384 psi flowing wellhead pressure. There are 12,190 barrels of 15,806 barrels of completions fluid left to recover. Given these extremely strong production results we are currently producing the Murucututu field from this single well as we are limited by our current facility capacity at Murucututu. As we continue to monitor these initial flow results, we will be evaluating options to improve production capacity of the system to allow for more production from the Murucututu field.

Our joint development on the unitized area (‘the Unit’) which includes our Caburé field commenced in the second quarter and four wells (2.2 net) have now been drilled. We have just commenced the completion program and expect to have the additional production online by the end of the third quarter. These development wells were primarily drilled to extend and enhance the productive plateau of the Unit and the results will also be incorporated into future Unit working interest redeterminations. The timing of drilling the fifth development well (0.6 net) is subject to the receipt of all necessary regulatory approvals.

Development Activities – Western Canada

In June, we further expanded our joint Mannville focused land based to 17,780 gross acres (8,890 net acres) and in July, two additional multi-lateral wells (1.0 net) were drilled with an aggregate of over 19 kilometers of open hole reservoir contact. Both wells have been completed and equipped and have just commenced production. Following a clean-up flow period, we will commence oil sales from these two new wells.

Corporate Presentation

Alvopetro’s updated corporate presentation is available on our website at: http://www.alvopetro.com/corporate-presentation .

Social Media

Follow Alvopetro on our social media channels at the following links:

Twitter – https://twitter.com/AlvopetroEnergy
Instagram – https://www.instagram.com/alvopetro/
LinkedIn – https://www.linkedin.com/company/alvopetro-energy-ltd

Alvopetro Energy Ltd. is deploying a balanced capital allocation model where we seek to reinvest roughly half our cash flows into organic growth opportunities and return the other half to stakeholders. Alvopetro’s organic growth strategy is to focus on the best combinations of geologic prospectivity and fiscal regime. Alvopetro is balancing capital investment opportunities in Canada and Brazil where we are building off the strength of our Caburé and Murucututu natural gas fields and the related strategic midstream infrastructure.

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

Abbreviations:

boepd                    =

barrels of oil equivalent (‘boe’) per day

bopd                      =

barrels of oil and/or natural gas liquids (condensate) per day

e 3 m 3 /d                   =

thousand cubic metre per day

m 3 =

cubic metre

m 3 /d                      =

cubic metre per day

Mcf                        =

thousand cubic feet

Mcfpd                    =

thousand cubic feet per day

MMcf                     =

million cubic feet

MMcfpd                 =

million cubic feet per day

NGLs                    =

natural gas liquids (condensate)

psi                         =

pounds per square inch

BOE Disclosure

The term barrels of oil equivalent (‘boe’) may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel (6 Mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All boe conversions in this news release are derived from converting gas to oil in the ratio mix of six thousand cubic feet of gas to one barrel of oil.

Well Results

Data obtained from the 183-D4 well identified in this press release, including cased-hole logging data, potential net pay and initial production results should be considered preliminary. There is no representation by Alvopetro that the data relating to the 183-D4 well contained in this press release is necessarily indicative of long-term performance or ultimate recovery. The reader is cautioned not to unduly rely on such data as such data may not be indicative of future performance of the well or of expected production or operational results for Alvopetro in the future.

Forward-Looking Statements and Cautionary Language

This news release contains forward-looking information within the meaning of applicable securities laws. The use of any of the words ‘will’, ‘expect’, ‘intend’, ‘plan’, ‘may’, ‘believe’, ‘estimate’, ‘forecast’, ‘anticipate’, ‘should’ and other similar words or expressions are intended to identify forward-looking information. Forward‐looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the expectations discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events. Accordingly, when relying on forward-looking statements to make decisions, Alvopetro cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties. More particularly and without limitation, this news release contains forward-looking statements concerning future production and sales volumes, the expected timing of production and sales commencement from certain wells, and plans relating to the Company’s operational activities, proposed development activities and the timing for such activities. Forward-looking statements are necessarily based upon assumptions and judgments with respect to the future including, but not limited to the success of future drilling, completion, testing, recompletion and development activities and the timing of such activities, the performance of producing wells and reservoirs, well development and operating performance, expectations and assumptions concerning the timing of regulatory licenses and approvals, equipment availability, environmental regulation, including regulations relating to hydraulic fracturing and stimulation, the ability to monetize hydrocarbons discovered, the outlook for commodity markets and ability to access capital markets, foreign exchange rates, the outcome of any disputes, the outcome of redeterminations, general economic and business conditions, forecasted demand for oil and natural gas, the impact of global pandemics, weather and access to drilling locations, the availability and cost of labour and services, and the regulatory and legal environment and other risks associated with oil and gas operations. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. Current and forecasted natural gas nominations are subject to change on a daily basis and such changes may be material. In addition, the declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. Although we believe that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because we can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, reliance on industry partners, availability of equipment and personnel, uncertainty surrounding timing for drilling and completion activities resulting from weather and other factors, changes in applicable regulatory regimes and health, safety and environmental risks), commodity price and foreign exchange rate fluctuations, market uncertainty associated with trade or tariff disputes, and general economic conditions. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Although Alvopetro believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Alvopetro can give no assurance that it will prove to be correct. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on factors that could affect the operations or financial results of Alvopetro are included in our AIF which may be accessed on Alvopetro’s SEDAR+ profile at www.sedarplus.ca . The forward-looking information contained in this news release is made as of the date hereof and Alvopetro undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

www.alvopetro.com
TSX-V: ALV, OTCQX: ALVOF

SOURCE Alvopetro Energy Ltd.

View original content: http://www.newswire.ca/en/releases/archive/August2025/25/c1020.html

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Silver47 Announces $14 Million Brokered LIFE Financing

Investing 7 Mins Read

Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) (‘Silver47’ or the ‘Company’) is pleased to announce that it has entered into an agreement with Research Capital Corporation, to act as lead agent and sole bookrunner, on behalf of a syndicate of agents including Eventus Capital Corp. and Haywood Securities Inc., in connection with a brokered private placement (the ‘Offering’) of up to 20,000,000 units (each, a ‘Unit’) at a price of $0.70 per Unit, for aggregate gross proceeds of up to $14,000,000.

Each Unit will be comprised of one common share of the Company (a ‘Common Share‘) and one-half of one Common Share purchase warrant (each whole warrant, a ‘Warrant‘). Each whole Warrant shall be exercisable to acquire one Common Share at a price of $1.00 per Common Share for a period of 36 months from the closing of the Offering.

The Company intends to use the net proceeds of the Offering for further exploration work on the Company’s projects and for general working capital purposes.

In addition, the Company has granted the Agents an option (the ‘Agents’ Option‘) to increase the size of the Offering by up to $2,100,000 by giving written notice of the exercise of the Agent’s Option, or a part thereof, to the Company at any time up to 48 hours prior to closing of the Offering.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106‘), the Units are being offered for sale to purchasers resident in all provinces of Canada, except Quebec, in reliance on the ‘listed issuer financing exemption’ from the prospectus requirement available under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemptions (the ‘Listed Issuer Financing Exemption‘). The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.

There is an offering document (the ‘Offering Document‘) related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.silver47.ca. Prospective investors should read this Offering Document before making an investment decision.

The Company expects to close the Offering on or about September 16, 2025, or such other date as mutually agreed by the Company and the Agents. The Offering remains subject to the satisfaction of certain conditions including the receipt of all necessary regulatory approvals, and the approval of the TSX Venture Exchange.

The Company has agreed to pay to the Agents a cash commission equal to 6% of the gross proceeds of the Offering, subject to a reduction for orders on a president’s list. In addition, the Company has agreed to issue to the Agents broker warrants of the Company exercisable for a period of 36 months, to acquire in aggregate that number of common shares of the Company which is equal to 6% of the number of Units sold under the Offering, subject to a reduction for orders on a president’s list, at an exercise price of $0.70.

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, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Silver47 Exploration

Silver47 Exploration Corp. is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a combined resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq Indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America’s most prolific mining jurisdictions. For detailed information regarding the Company’s properties, please refer to the technical reports and other filings available on SEDAR at www.sedarplus.ca.

For more information about the Company, please visit www.silver47.ca.

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    On Behalf of the Board of Directors
    Mr. Galen McNamara
    CEO & Director

    For investor relations
    Giordy Belfiore
    604-288-8004
    gbelfiore@silver47.ca

    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 STATEMENTS

    This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. ‘Forward-looking information’ includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the expectation that the Offering will close in the timeframe and on the terms as anticipated by management, that the Offering will be completed at all, and the use of proceeds. Generally, but not always, forward-looking information and statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’ or the negative connotation thereof.

    Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company will complete the Offering in the timeframe and on the terms as anticipated by management, and that the Company will receive all regulatory and Exchange approvals. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

    Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the failure to complete the Offering at all or in the timeframe and on the terms as anticipated by management, market conditions and timeliness of regulatory approvals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by 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 forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263859

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    Tavi Costa: Gold’s Next Catalyst, Silver’s Path to US$50, Copper Opportunity

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    Tavi Costa, macro strategist at Crescat Capital, shares his thoughts on gold, including what could unleash the yellow metal’s next move higher.

    He sees a ‘major collapse’ in the US dollar, saying a break in a key support line could boost gold.

    Costa also shares his outlook for silver and copper.

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

    This post appeared first on investingnews.com

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