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Here’s a quick recap of the crypto landscape for Monday (December 8) as of 9:00 p.m. UTC.

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

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$90,672.01, down by 0.9 percent over 24 hours.

Bitcoin price performance, December 8, 2025.

Chart via TradingView.

Cryptocurrencies traded choppily, but were ultimately directionless over the weekend.

Bitcoin briefly slipped toward the high US$87,000s on Sunday (December 7) ahead of this week’s US Federal Reserve meeting, with both short and long positions liquidated.

Markets are pricing in a 25 basis point interest rate cut from the Fed on Wednesday (December 10), but labor weakness and sticky inflation will make Chair Jerome Powell’s tone pivotal.

Linh Tran, senior market analyst at XS.com, believes Bitcoin “will likely continue oscillating within the US$84,000 to US$100,000 range until the Fed delivers a clear message,” adding that a 0.25 percentage point cut and dovish signals “would be favorable for risk assets, particularly Bitcoin,” while a hawkish stance risks downward pressure.

On Monday, Bitcoin briefly traded at around US$92,000, but failed to retest US$92,000 to US$93,500 resistance, dropping below US$90,000 as the US market opened.

Crypto analyst Daan Crypto Trades said bulls must defend the 0.382 Fibonacci retracement zone, which serves as a key area of support and resistance during market cycles. Failure to do so could result in a fall to April lows. Fellow analyst van de Poppe is eyeing US$86,000 as key support before potential lows retest.

Liquidity stayed thin, and derivatives positioning showed waning momentum rather than clear trend conviction, setting up a cautious, data‑dependent start to the new week.

Last week, US spot Bitcoin exchange-traded funds (ETFs) experienced net outflows of US$87.77 million, while spot Ether ETFs recorded US$65.59 million in outflows.

Cycle data mirroring 2022’s market suggests Bitcoin’s long-term bottom is in or imminent, according to investment manager Timothy Peterson. Derivatives data analyzed by CryptoQuant indicates trader apathy, signaled by low OI and leverage, paving the way for a potential rally.

Ether (ETH) is currently priced at US$3,129.54, down 0.4 percent over 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$2.09, a decrease of 0.2 percent over 24 hours.
  • Solana (SOL) was trading at US$134.23, down by 1.3 percent over 24 hours.

Crypto derivatives and market indicators

Bitcoin futures open interest rose 0.53 percent to US$58.18 billion in the last four hours of trading, alongside US$4.88 million in liquidations that hit mostly long positions, while Ether open interest climbed 0.49 percent to US$37.84 billion, with US$8.76 million liquidated.

Bitcoin’s relative strength index sits neutral at 51.67 with a mildly negative funding rate of -0.001 percent, signaling balanced momentum and slight short bias, whereas Ether’s positive 0.006 percent funding rate points to lingering long interest despite the downside pressure.

These metrics reflect cautious positioning amid recent Bitcoin consolidation, with rising open interest indicating fresh capital entering despite liquidation flushes that targeted longs more aggressively. The neutral-to-bearish Bitcoin funding and RSI suggest limited upside conviction short-term, potentially capping rallies until macro catalysts provide direction, while Ether’s funding tilt hints at relative resilience in alt positioning.

Today’s crypto news to know

StableChain launches mainnet

StableChain has launched its mainnet, introducing USDT as the gas fee token alongside a new dedicated governance token for network participants.

Tether’s USDT regulatory win

Tether’s USDT stablecoin received key regulatory status in Abu Dhabi, enhancing its legitimacy for institutional use.

BlackRock files for staked Ether ETF

BlackRock filed to list a staked Ether ETF, signaling growing institutional appetite for Ether-based yield products.

SEC closes Ondo probe

The US Securities and Exchange Commission (SEC) ended its investigation into tokenized equity platform Ondo Finance, clearing a major regulatory hurdle.

Strategy boosts BTC holdings

Strategy’s (NASDAQ:MSTR) Bitcoin treasury has surpassed 660,000 BTC after a US$962 million purchase, underscoring aggressive accumulation by major players.

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

This post appeared first on investingnews.com

Clem Chambers, CEO of aNewFN.com, shares his outlook for silver in 2026.

In his view, the white metal could rise as high as US$150 to US$160 per ounce.

Chambers also discusses his other areas of focus right now, including gold, as well as the defense industry and tech stocks like Intel (NASDAQ:INTC).

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

This post appeared first on investingnews.com

(TheNewswire)

Vancouver, British Columbia, December 8, 2025 TheNewswire – Prismo Metals Inc. (‘ Prismo ‘ or the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that it has continued out of the jurisdiction of Canada under the Canada Business Corporations Act into the provincial jurisdiction of British Columbia under the Business Corporations Act (British Columbia) (the ‘ BCBCA ‘). Shareholders approved the continuance at the Company’s annual general and special meeting of shareholders held on October 2, 2025.

In connection with the continuance, the Company has replaced its articles and bylaws with new notice of articles and articles, respectively, under the BCBCA. The CUSIP / ISIN numbers for the Company’s common shares and the stock symbol for the Company’s common shares remain unchanged.

About Prismo Metals Inc.

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

Please follow @ PrismoMetals on , , , Instagram , and

Prismo Metals Inc.

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

Phone: (416) 361-0737

Contact:

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

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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After 2025’s volatile end, 2026 is poised to be a watershed moment for the cryptocurrency sector, marking a transition from a speculative asset class to essential global financial infrastructure.

Further regulatory clarity, artificial intelligence (AI) integration, real-world asset (RWA) tokenization and sustained institutional inflows could propel DeFi and crypto markets in 2026. According to experts, this is no longer a conversation about crypto versus TradFi; it’s about a hybrid financial system where digital assets are simply better tools.

Crypto market maturity and resilience

According to Elkaleh, Bitcoin’s resilience during its recent pullback, which brought a 37 percent drawdown from its October all-time high, was telling. While such severity was surprising, he observed that long-term holders and institutions continued to accumulate rather than unwind exposure, which he sees as an indicator of health.

“Q4 was defined by a major leverage reset, with BTC’s sharp pullback forcing a broader reassessment of risk,” he said.

At the time of this writing, analysts were split on where Bitcoin could go next. A further crash risk lingers if the US Federal Reserve delays interest rate cuts; however, a post-purge rally to US$135,000 to US$150,000 is in sight mid-year if institutions return, exchange-traded fund (ETF) flows flip positive and futures premiums stabilize above 5 percent.

As Bitcoin dropped, Elkaleh observed other segments of the market tied to practical use cases and diversification strategies — such as privacy assets, decentralized AI and stablecoin ecosystems — weather the storm.

“The market (has shown) growing maturity: capital and developer attention shifted toward utility-driven sectors such as tokenization, stablecoins and real-world integrations.”

Tokenization: The on-chain first institutional default

Mersch sees tokenization accelerating in 2026, eventually becoming the default for new institutional financial products.

He sees the foundation of this shift being built, with tokenized treasuries and money-market funds serving as a core yield sleeve for institutional investors who demand liquidity, standardized reporting and programmable settlement.

“If current growth holds, tokenized assets could be a multi-trillion dollar market by 2030, with government bonds and cash-like instruments as the anchor,” he said. “Over the next five years, the key shift is likely that new institutional products are designed as on-chain first, and only secondarily wrapped in legacy wrappers.”

He anticipates that stablecoins will be solidified as the liquidity backbone for a growing tokenized market, acting as the new cash layer. The most likely end state, according to Mersch, will be a hybrid digital cash stack, where bank-issued stablecoins, private stablecoins and central bank digital currenciesco-exist and interoperate.

Mersch predicts that tokenized real estate and private credit will now start to see expansion.

For real estate, tokenization converts a traditionally illiquid market into tradable, divisible assets, lowering the barrier to entry for global investors and providing recurring revenue streams.

Rupena, whose company, Milo, pioneered the crypto-backed mortgage, asserts that lenders will be expected to recognize digital assets as a core part of a client’s real balance sheet, just like cash or securities.

Elkaleh also expects to see strong expansion in RWA tokenization in 2026, alongside stablecoin-based payouts and small-business payment rails. “The most accelerated growth will occur in emerging markets, where mobile-first users turn to crypto as a practical financial alternative,” he wrote in an email.

“The rise of RWA markets, L2 scalability and more accessible DeFi will allow onchain credit and savings to scale meaningfully. Combined with steady institutional inflows, these economies will become the strongest demand engines of 2026, driving both user growth and real economic activity onchain.”

DeFi: An institutional derivatives and credit layer

The final pillar of the 2026 crypto outlook is the maturation of DeFi. Mersch asserted that DeFi is poised to emerge as a compliance-ready core platform for credit and risk management in 2026.

Real-world structural resilience supports Mersch’s forecast.

Rupena noted that market ups and downs are expected in the digital asset ecosystem, and that conservative LTVs, real-time monitoring and clear margining frameworks are designed to cope with volatility.

“Lower forced liquidation activity, even during big market moves, is a very healthy signal,” he explained, adding that customers are purposely keeping collateral cushions so they can stay calm during market swings.

This focus on prudence and durability validates the market’s readiness for institutional-grade credit and risk products.

“If successful, this creates a liquid, 24/7 derivatives layer that sits on top of both tokenized and traditional markets,” Mersch said. “By 2026 and beyond, the most interesting innovation may not be crypto versus TradFi, but portfolio and product designs that blend tokenized assets, stablecoin liquidity and DeFi-based synthetic exposure into a single stack.”

This institutional leap is fundamentally enabled by regulatory clarity.

“You can already see this through partnerships like Coinbase (NASDAQ:COIN) with Circle Internet Group (NYSE:CRCL) and Morpho (TSE:3653), where yield is embedded at the platform level without requiring users to interact directly with on-chain protocols. Regulation will accelerate that model,’ he added.

Elkaleh noted that clearer rules will allow users to adopt on-chain tools for cross-border payments, tokenized savings and AI-driven bill pay with the same confidence they have in regulated fintech apps. He expects the most transformational impact will come from next-generation L2 scalability paired with AI-agent execution.

“These shifts will bring down transaction costs, compress settlement times, and enable autonomous payments, subscriptions and cross-chain operations,” the expert explained.

“We also expect prediction-market aggregation to emerge as a breakout consumer interface and RWA perpetuals to bring macro assets, including commodities, credit and inflation onchain through synthetic markets. These developments collectively move crypto into a more comprehensive, high-velocity financial system.”

Upcoming crypto market catalysts

The pivot to a hybrid financial system will be driven by several concurrent catalysts.

The US Market Structure Bill is targeted for a Senate floor vote in early 2026, aiming to create the first federal framework for digital assets. North of the border, Canada’s Stablecoin Act, which provides C$10 million for Bank of Canada oversight starting in 2026, signals official endorsement of the digital cash layer.

Globally, the Basel Committee on Banking Supervision is set to implement new capital standards for banks’ crypto exposures, crucial for encouraging institutional momentum, by January 1, 2026.

The technological engine supporting this adoption is fueled by scalability and intelligence.

On the blockchain side, Ethereum’s aggressive roadmap, including the Glamsterdam upgrade targeted for 2026, continues to refine Layer-2 (L2) systems. This focus on L2 efficiency, combined with the integration of AI agent execution, is key for supporting the millions of transactions needed for a comprehensive, high-velocity financial system.

Investor takeaway

In 2026, the crypto market is set to deliver meaningful gains and stable, sustained growth as this new, highly efficient, and globally interoperable financial system moves from the laboratory into production scale.

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

This post appeared first on investingnews.com

The NBA Cup action continues with a full slate of quarterfinal games this week.

The Toronto Raptors will host the New York Knicks in the second game of a doubleheader on Tuesday, Dec. 9. The Miami Heat travel to take on in-state rival Orlando Magic.

The Oklahoma City Thunder, the defending NBA champions, will take on the Phoenix Suns in the first game of Wednesday’s doubleheader. That game will be followed by the San Antonio Spurs’ road game against the Los Angeles Lakers.

The winner of those games will move on to the tournament’s semifinal.

LeBron James and the Lakers won the first NBA Cup in 2023. The Milwaukee Bucks won the tournament in 2024.

The in-season tournament team won a trophy, and each player on that team will share a portion of the $500,000 prize.

Here’s everything to know heading into the knockout rounds, including matchups and schedule for the quarterfinals and the final standings after group play:

Final NBA Cup group play standings

*- indicates a team that advanced to the quarterfinals

East Group A

  1. Toronto Raptors (4-0)*
  2. Atlanta Hawks (2-2)
  3. Cleveland Cavaliers (2-2)
  4. Indiana Pacers (1-3)
  5. Washington Wizards (1-3)

East Group B

  1. Orlando Magic (4-0)*
  2. Boston Celtics (2-2)
  3. Detroit Pistons (2-2)
  4. Philadelphia 76ers (1-3)
  5. Brooklyn Nets (1-3)

East Group C

  1. New York Knicks (3-1)*
  2. Miami Heat (3-1)*
  3. Milwaukee Bucks (2-2)
  4. Charlotte Hornets (1-3)
  5. Chicago Bulls (1-3)

West Group A

  1. Oklahoma City Thunder (4-0)*
  2. Phoenix Suns (3-1)*
  3. Minnesota Timberwolves (2-2)
  4. Utah Jazz (1-3)
  5. Sacramento Kings (0-4)

West Group B

  1. Los Angeles Lakers (4-0)*
  2. Memphis Grizzlies (3-1)
  3. Los Angeles Clippers (2-2)
  4. Dallas Mavericks (1-3)
  5. New Orleans Pelicans (0-4)

West Group C

  1. San Antonio Spurs (3-1)*
  2. Denver Nuggets (2-2)
  3. Houston Rockets (2-2)
  4. Portland Trail Blazers (2-2)
  5. Golden State Warriors (1-3)

NBA Cup knockout stage schedule

*All knockout stage games will stream on Amazon Prime

Quarterfinals

Tuesday, Dec. 9

  • Miami Heat at Orlando Magic, 6 p.m. ET
  • New York Knicks at Toronto Raptors, 8:30 p.m. ET

Wednesday, Dec. 10

  • Phoenix Suns at Oklahoma City Thunder, 7:30 p.m. ET
  • San Antonio Spurs at Los Angeles Lakers, 10 p.m. ET

Semifinals

  • Saturday, Dec. 13 at 5:30 p.m. ET
  • Saturday, Dec. 13 at 9 p.m. ET

Finals

  • Tuesday, Dec. 16 at 8:30 p.m. ET at T-Mobile Arena in Las Vegas, Nevada
This post appeared first on USA TODAY

The UFC event at the White House on June 14 will feature eight or nine championship fights, President Donald Trump told reporters at the Kennedy Center Honors on Dec. 8.

“The biggest fights they’ve ever had,’’ Trump said. “Every one’s a championship fight. And every one’s a legendary type of fight.’’

Trump also said UFC CEO Dana White is holding back fights “right now’’ to save them for the White House. The UFC event will be held there to celebrate America’s 250th anniversary.

An arena being built in front of the White House for the UFC event will have 5,000 to 6,000 seats, according to Trump, who said there will be 100,000 people in the back, where they’re putting up eight or 10 “very big screens.’’

“That’s going to be an exciting night,’’ Trump added. “So many people are asking for tickets.’’

Conor McGregor, the former UFC champion who hasn’t fought since 2021, has lobbied for a spot on the White House card. So has Jon Jones, arguably the greatest fighter in UFC history.

This post appeared first on USA TODAY

The Chicago White Sox have the best odds (27.73%) to land the No. 1 overall pick, followed by the Minnesota Twins (22.18%) and Pittsburgh Pirates (16.81%).

While the Colorado Rockies had MLB’s worst record (43-119), the team had a top-six lottery pick in each of the past two drafts, making them ineligible for a third.

This marks baseball’s fourth draft lottery and the previous teams to win the lottery had odds of 16.5% (2023 Pirates), 2.0% (2024 Guardians) and 10.2% (2025 Nationals).

Here’s what to know entering Tuesday’s draft lottery:

When is MLB draft lottery? How to watch, TV channel

  • Time: 5:30 p.m. ET
  • TV channel: MLB Network

MLB draft lottery odds 2026

  • White Sox: 27.73%
  • Twins: 22.18%
  • Pirates: 16.81%
  • Orioles: 9.24%
  • Athletics: 6.55%
  • Braves: 4.54%
  • Rays: 3.03%
  • Cardinals: 2.35%
  • Marlins: 1.85%
  • Diamondbacks: 1.51%
  • Rangers: 1.34%
  • Giants: 1.01%
  • Royals: 0.84%
  • Mets: 0.67%
  • Astros: 0.34%
  • Rockies: ineligible
  • Nationals: ineligible
  • Angels: ineligible

The Colorado Rockies had the worst record in baseball but are are ineligible for the lottery because a team can’t receive a top-six pick three years in a row, after the team had such picks in 2024 and 2025. The Washington Nationals and Los Angeles Angels are also ineligible as ‘payor’ teams, unable to receive back-to-back lottery picks.

This post appeared first on USA TODAY

On Saturday, college football’s most prestigious individual honor will be handed out, with the Heisman Trophy being awarded to the young man deemed to be the most outstanding player in the sport.

While the winner won’t be announced until Dec. 13, the four players vying for the famed, 45-pound bronze trophy have been revealed.

Indiana quarterback Fernando Mendoza, Vanderbilt quarterback Diego Pavia, Ohio State quarterback Julian Sayin and Notre Dame running back Jeremiyah Love are the finalists for the 2025 Heisman Trophy, with ESPN announcing the group on Monday, Dec. 8.

Mendoza and Pavia are in line to make history for their respective programs, as neither Indiana nor Vanderbilt has ever produced a Heisman winner.

Twelve of the past 15 Heisman recipients have been quarterbacks, though only three of the past five. Last season, Colorado wide receiver/cornerback Travis Hunter took home the award.

Unlike Hunter, whose Buffaloes team went 9-3 in the 2024 regular season, each of the Heisman finalists played on teams that won at least 10 games, including Mendoza and Sayin, whose squads earned first-round byes in the 12-team College Football Playoff.

Love had some history on his side, though. Since 1955, a running back or halfback has won the Heisman in every year that ends in a five, a trend that most recently saw Alabama running back and future NFL All-Pro Derrick Henry hoist the trophy.

In what has become an increasingly transient sport over the past several years, threeof the Heisman finalists are transfers. Mendoza is in his first season at Indiana after transferring from Cal, Pavia is in his second season at Vanderbilt after coming in from New Mexico State and Sayin was an early enrollee at Alabama who spent about a month with the Crimson Tide before transferring to Ohio State shortly after legendary coach Nick Saban’s retirement in Jan. 2024.

Who are the finalists for the Heisman Trophy?

Here’s a look at the four finalists for the 2025 Heisman Trophy:

  • QB Fernando Mendoza, Indiana
  • QB Diego Pavia, Vanderbilt
  • QB Julian Sayin, Ohio State
  • RB Jeremiyah Love, Notre Dame

Heisman Trophy ceremony date

The 2025 Heisman Trophy will be awarded during a ceremony on Saturday, Dec. 13 at 7 p.m. ET from Jazz at Lincoln Center’s Appel Room in New York City.

The ceremony will air on ABC.

Fernando Mendoza stats

In his first season with the Hoosiers, Mendoza has completed 71.5% of his passes for 2,980 yards, 33 touchdowns and six interceptions. He has also rushed for 240 yards and six touchdowns. He led Indiana to a program-record 13 wins, the Hoosiers’ first Big Ten championship game victory and the program’s first undefeated regular season since 1945.

Mendoza had only thrown for a combined 30 touchdowns in his first two seasons of college football, both of which came at Cal.

Mendoza’s 33 touchdown passes are the most among FBS players. He’s tied for second nationally, along with Pavia, in yards per attempt (9.4) and is sixth in completion percentage.

Diego Pavia stats

Pavia improved upon what was already a stellar debut season for Vanderbilt, completing 71.2% of his passes for 3,192 yards, 27 touchdowns and eight interceptions. He added 826 rushing yards and nine touchdowns.

He’s second among all FBS players in total yards per game, with 334.8, ranking him behind only South Florida quarterback Byrum Brown.

With Pavia at quarterback, the Commodores have gone 17-9 the past two seasons, including a 10-2 mark this season that set a program record for wins. Vanderbilt went just 12-45 in the four seasons before Pavia transferred there.

Julian Sayin stats

In his first season as a starter, Sayin has completed 78.4% of his passes for 3,323 yards, 31 touchdowns and six interceptions.

He’s tied for second among all FBS quarterbacks in touchdown passes, behind only Mendoza, and his completion percentage is currently an FBS single-season record.

Jeremiyah Love stats

The lone non-quarterback of the group, Love has rushed for 1,372 yards and 18 touchdowns this season while averaging 6.9 yards per carry. Love had been a receiving threat out of the backfield, too, with 27 catches for 280 yards and three touchdowns.

Love is third among all FBS players in rushing touchdowns and fourth in rushing yards.

This post appeared first on USA TODAY

With five turnovers on ‘Monday Night Football,’ Philadelphia Eagles quarterback Jalen Hurts helped sink his team during a 19-16 overtime loss to the Los Angeles Chargers — and he fell just short of matching an NFL record.

The league record for turnovers by a in a single game is six, according to StatMuse. The record is shared by nine players, including two Hall of Famer quarterbacks — Peyton Manning and Kurt Warner.

Hurts almost joined the six-turnover club, in excruciating fashion.

Hurts even accomplished the rare feat of fumbling twice on one play. His final turnover, an interception, came off a tipped pass at the 1-yard line and ended the game in overtime.

The final tally: four interceptions, one lost fumble and turnover trauma for a lifetime.

Remarkably, Warner had six turnovers in a single game twice, both as a member of the Arizona Cardinals. He had three interceptions and three lost fumbles on Sept. 28, 2008 in a 56-35 loss to the New York Jets and on Nov. 1, 2009 had five interceptions and one lost fumble in a 34-21 loss to the Carolina Panthers.

Manning’s turnover-fest took place Nov. 11, 2007, when he threw six interceptions in a 23-21 loss to the San Diego Chargers. Cornerback Antonio Cromartie intercepted Manning three times, including a one-handed pick.

Warner coughed up three interceptions and three fumbles Nov. 1, 2009

Rex Grossman earned a share of the record when, as quarterback for the Chicago Bears on Oct. 16, 2006, he had four interceptions and two lost fumbles. Yet incredibly enough, the Bears beat the Arizona Cardinals, 24-23.

‘I’ve never played so bad and won a game like that,’ Grossman said after the game. ‘It was unbelievable.’

Surely Hurts would have liked to know that feeling.

The other players who had six turnovers in a single game are Jameis Winston, Ryan Fitzpatrick, Phillip Rivers, Gus Frerotte, Tony Romo and Chris Chandler.

Indianapolis Colts quarterback Daniel Jones recently had a five-turnover game in a 27-20 loss against the Pittsburgh Steelers in Week 9.

Most turnovers in a single game

  • 1 (tie). 6 — Jameis Winston, Tampa Bay Buccaneers (vs. Carolina Panthers on Oct. 13, 2019): 1 fumble, 5 INTs
  • 1 (tie). 6 — Ryan Fitzpatrick, New York Jets (vs. Kansas City Chiefs on Sept. 25, 2016): 6 INTs
  • 1 (tie). 6 — Philip Rivers, San Diego Chargers (vs. Denver Broncos on Oct. 15, 2012): 2 fumbles, 4 INTs
  • 1 (tie). 6 — Kurt Warner, Arizona Cardinals (vs. Carolina Panthers on Nov. 1, 2009): 1 fumble, 5 INTs
  • 1 (tie). 6 — Kurt Warner, Arizona Cardinals (vs. New York Jets on Sept. 28, 2008): 3 fumbles, 3 INTs
  • 1 (tie) 6 — Peyton Manning, Indianapolis Colts (vs. San Diego Chargers on Nov. 11, 2007): 6 INTs
  • 1 (tie). 6 — Gus Frerotte, St. Louis Rams (vs. Baltimore Ravens on Oct. 14, 2007): 1 fumble, 5 INTs
  • 1 (tie). 6 — Tony Romo, Dallas Cowboys (vs. Buffalo Bills on Oct. 8, 2007): 1 fumble, 5 INTs
  • 1 (tie). 6 — Rex Grossman, Chicago Bears (vs. Arizona Cardinals on Oct. 16, 2006): 2 fumbles, 4 INTs
  • 1 (tie). 6 — Chris Chandler, St. Louis Rams (vs. Carolina Panthers on Dec. 12, 2004): 6 INTs
This post appeared first on USA TODAY

Perth, Australia (ABN Newswire) – Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) announced the successful completion of a heavily oversubscribed capital raising (‘Placement’), securing firm commitments to raise approximately A$17 million via a placement of new shares at A$0.24 per share to domestic and international professional and institutional investors.

HIGHLIGHTS

– A$17 million raised at A$0.24 per share through an oversubscribed placement to domestic and international institutional and sophisticated investors

– Cornerstone U.S. institutional support provides strong strategic validation of Locksley’s role in advancing onshore supply of antimony and rare earths for U.S. national security and industrial supply chains

– Strengthened balance sheet enables rapid progression of Locksley’s U.S. Mine to Market strategy while complementing ongoing engagement with federal funding and grant programs

– Funding accelerates drilling, downstream technology development, and project execution, while deepening engagement with U.S. institutional partners and key government agencies

– Locksley Investor Webinar – See link below

The Placement was led by well established U.S. institutional investors, providing a strong endorsement of Locksley’s strategy to deliver a fully integrated U.S. based ‘Mine to Market’ critical minerals supply chain. Their participation brings not only capital but aligned sector expertise and ongoing engagement that supports the Company’s downstream development objectives within the United States.

The raise was conducted under the Company’s refreshed placement capacity pursuant to ASX Listing Rules 7.1 and 7.1A, following shareholder approval at the Annual General Meeting held on 28 November 2025.
Strategic Execution Enabled by the Placement

Proceeds from the Placement will accelerate execution across the following:

– Rapid Advancement of drilling, assay programs and structural mapping to define mineralisation across the Mojave Project

– Acceleration of downstream processing and American-made conversion planning for antimony products

– Enhanced positioning for engagement with federal level funding initiatives, supporting Locksley’s role within the U.S. critical minerals ecosystem

– Accelerated progression toward first-mover status in restoring domestic U.S antimony supply, aligned with national security and industrial demand

– Continuous parallel execution of permitting, stakeholder engagement, engineering and project scheduling

Locksley Managing Director, Kerrie Matthews, commented:

‘The depth of support across both international and Australian institutional markets represents a strong validation of our strategic pathway. In particular, the strong level of U.S. participation aligns directly with our downstream ambitions and reinforces the commercial relevance of our development plan.

The involvement of leading U.S. institutional investors is more than capital allocation; it is a strategic endorsement of Locksley’s emerging role within the domestic U.S critical minerals sector. This support comes at a time when the U.S administration is emphasising critical minerals as a national security priority and seeking to reduce reliance on foreign-controlled processing capacity.

With this institutional backing, Locksley is positioned to advance its contribution to a U.S. based supply chain for antimony and rare earths.

Importantly, this funding allows us to execute at pace while continuing to progress federal engagement initiatives. The capital secures our ability to accelerate exploration, development planning, and downstream partnerships, unlocking the full potential of the Mojave Project.

We are delighted to welcome these new investors to the register and look forward to working with partners who can support our long-term growth agenda.’

Investor Webinar – U.S Development Progression & Execution Strategy

Locksley invites shareholders and investors to attend a live Investor Webinar to discuss recent milestones and provide an update on the advancement of its U.S Mine to Market execution pathway and upcoming development milestones.

ZOOM WEBINAR: TUESDAY, 9th DECEMBER 2025 at 1:00pm AEDT / 10:00am AWST
REGISTRATION LINK:
https://www.abnnewswire.net/lnk/85LT5VD6

Placement Details:

The Placement was managed by Alpine Capital Pty Ltd and Titan Partners Group, a division of American Capital Partners, acting as Joint Lead Managers.

Settlement of the Placement is expected to occur on or around 11 December 2025, with new shares to rank equally with existing fully paid ordinary shares. An Appendix 2A and cleansing notice will be released to the ASX in due course.

The Placement is structured under a single tranche comprising 70,833,334 new Securities to raise approximately A$17,000,000, conducted under the placement capacity of the Offer in accordance with ASX LR 7.1 & LR 7.1A.

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

Source:
Locksley Resources Limited

Contact:
Kerrie Matthews
Chief Executive Officer
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au

Jane Morgan
Investor and Media Relations
T: +61 (0) 405 555 618
jm@janemorganmanagement.com.au

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