Breaking
Rich Dads News
Archive

February 2026

Browsing
Investing

Top 5 Canadian Mining Stocks This Week: Giant Mining Gains 70 Percent

Investing 10 Mins Read

Statistics Canada released January’s jobs report on Friday (February 6). The data showed that the Canadian workforce shrank by 25,000, or 0.1 percent.

Manufacturing experienced the largest decline, losing 28,000 workers, followed by education with 24,000, and the public sector, which decreased by 10,000. These declines were balanced by increases of 17,000 across information, culture, and recreation; 14,000 in business, building and support services; and 11,000 in agriculture.

Despite the declines, the unemployment rate fell 0.3 percentage points to 6.5 percent. While the rate was the lowest since September 2024, the agency notes that the decrease was driven by fewer people looking for work through the month, and coincided with a 0.4 percent drop in the labor force participation rate, which came in at 65 percent.

The release came just a day after the US Bureau of Labor Statistics (BLS) released its job opening report on Thursday (February 5) that showed that labor demand had decreased to its lowest level since September 2020, as December’s figures fell by 386,000 openings.

The report differs from the employment situation summary, which is typically released on the first Friday of each month. The report has been delayed due to the extended US government shutdown in late 2025 and will be released next Wednesday, February 11.

Employment data is an important metric for assessing the overall health of the Canadian and US economies and plays a significant role in helping central banks set interest rate policy.

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 mixed this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 1 percent over the week to close Friday at 32,470.98, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) shed 5.38 percent to 1,015.34. The CSE Composite Index (CSE:CSECOMP) dropped 1.22 percent to 167.56.

The gold price gained 4.84 percent to close at US$4,951.69 per ounce on Friday at 4:00 p.m. EST. The silver price didn’t fare as well, closing the week down 1.78 percent at US$77.32 on Friday.

In base metals, the Comex copper price recorded a 0.85 percent rise this week to US$5.93.

On the other hand, the S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was down 3.7 percent to end Friday at 587.55.

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. EST 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. Giant Mining (CSE:BFG)

Weekly gain: 69.57 percent
Market cap: C$27.51 million
Share price: C$0.39

Giant Mining is an exploration company working to advance its Majuba Hill District copper, silver and gold project north of Reno in Nevada, US.

The site consists of 403 federal lode mining claims and four private property parcels that cover an area of 3,919 hectares. Mining at the property took place between 1900 and 1950, resulting in the production of 2.8 million pounds of copper, 184,000 ounces of silver and 5,800 ounces of gold.

Extensive exploration work has been carried out at Majuba Hill, with 89,930 feet being drilled since 2007.

The most recent news from Giant came on January 30, when it reported that it planned to drill up to 10,000 feet in a multi-phase drill program at Majuba Hill, targeting three breccia zones.

Following the first phase of 5,000 feet of drilling, the program will include underground and surface sampling to support follow-up drill targeting for the remaining holes.

2. CGX Energy (TSXV:OYL)

Weekly gain: 64.71 percent
Market cap: C$66.02 million
Share price: C$0.28

CGX Energy is an oil and gas exploration company with 27.48 percent ownership of a portfolio of wells in the Corentyne block off the coast of Guyana. Frontera Energy (TSX:FEC) is the company’s joint venture partner in the Corentyne block and also holds 76.05 percent interest in CGX.

The Kawa-1 exploration well was drilled in 2021 and 2022 and encountered an active hydrocarbon system extending to a depth of 6,000 feet, mirroring trends in the Guyana-Suriname Basin. CGX’s Wei-1 well was drilled in late 2022 and is located on-trend between the Kawa-1 well and Exxon’s (NYSE:XOM) Pluma discovery.

CGX and Frontera are currently in a legal dispute with the government of Guyana, which believes the petroleum prospecting license for Corentyne expired in 2024, a stance the joint venture disagrees with. The most recent update on the matter mentioned plans to meet and discuss the situation, with potential dates in November or December of last year.

Shares in CGX posted gains this week, but the company has not released news since November 13, when it announced its third-quarter financial statements. However, Frontera announced on January 30 that it divested its producing Colombian assets while retaining its interests in Guyana, news that may signal that the Corentyne block permitting situation could still be resolved.

3. Saba Energy (TSXV:SABA)

Weekly gain: 61.11 percent
Market cap: C$12.07 million
Share price: C$0.29

Saba Energy is an oil and gas exploration company with operations in British Columbia, Canada, as well as the Philippines.

The company’s primary Canadian operations consist of the producing Boundary Lake and Laprise oil and gas fields, which have a net present value of C$43 million as of its September quarterly report.

The most recent news from Saba came on January 27, when it announced a heads-of-agreement with Nido Petroleum for a farm-in arrangement on a pair of offshore assets in the Philippines.

Saba will earn 60 percent of Service Contract 54 (SC54). SC54 covers an area of 550 square kilometers to depths of 50 to 110 meters and hosts three discovery wells and one production well, which previously produced 270,000 barrels at 19,000 barrels per day before it was closed due to water encroachment.

The company will also earn a 52.73 percent share in the DPPSC Cadlao, which covers an area of 914 square kilometers to depths of 93 meters. The site has 6.8 million barrels in reserves and produced 11.1 million barrels between 1982 and 1992.

If the transaction is completed, Saba will become the operator of both assets. The company plans to open a US$7.5 million convertible debenture private placement to achieve the requirement of raising US$7 million by mid-April.

4. Copper Giant Resources (TSXV:CGNT)

Weekly gain: 60.66 percent
Market cap: C$157.77 million
Share price: C$0.98

Copper Giant Resources is an exploration company advancing its Mocoa copper-molybdenum project in Southern Colombia. It changed its name from Libero Copper and Gold last year.

The property covers 1,324 square kilometers and hosts a copper porphyry system originally discovered in 1973.

A November 2025 mineral resource estimate significantly increased its resource. Mocoa now holds an inferred resource of 7.6 billion pounds of copper and 1 billion pounds of molybdenum, at 0.31 percent copper and 0.039 percent molybdenum, from 1.12 billion metric tons of ore. The upgrade made the project South America’s largest undeveloped molybdenum deposit.

The most recent news from Copper Giant came on January 29, when it reported results from the first drill hole at the La Estrella target. While assays returned low-grade mineralization, the company noted that the significance was geological, as it confirmed continuity of the porphyry system beyond the established deposit.

The release also reported results from a second hole at the southern edge of the Mocoa footprint, which the company said were stronger than previously interpreted at the southern margin of the deposits. Grades in the hole were 0.13 percent copper and 0.01 percent molybdenum over 804 meters starting from surface, which included an intersection of 0.44 percent copper and 0.05 percent molybdenum over 33 meters.

5. Benz Mining (TSXV:BZ)

Weekly gain: 50.46 percent
Market cap: C$749.9 million
Share price: C$3.25

Benz Mining is a gold exploration company that is focused on advancing projects in Québec, Canada, as well as Western Australia.

Its Eastmain project consists of an 8,000 hectare property located in Central Québec within the Upper Eastmain Greenstone belt. The most recent resource estimate from May 2023 reported an indicated resource of 384,000 ounces of gold from 1.3 metric tons of ore grading 9 g/t gold, and an inferred resource of 621,000 ounces of gold from 3.8 metric tons grading 5.1 g/t.

In 2025, Benz acquired the Glenburgh and Mount Egerton gold projects in Western Australia from Spartan Resources (ASX:SPR). It spent much of 2025 exploring Glenburgh, which covers an area of 786 square kilometers and features 50 kilometers of strike. The site hosts six priority extension targets and 5 kilometers of exploration trend with over 100 parts per billion gold.

A November 2024 resource estimate for Glenburgh showed an indicated and inferred resource of 510,000 ounces of gold from 16.3 million metric tons of ore with an average grade of 1 g/t gold.

On January 28, the company announced a shallow, high-grade discovery at the Glenburgh project’s Icon trend. Assays returned grades including 29 g/t gold over 13 meters starting at a depth of 60 meters. Additionally, results showed wide mineralization as well, including 200 meters grading 1 g/t gold starting at 76 meters.

The most recent news from Benz came the next day, when it announced it received firm commitments for a AU$75 million bought deal placement, which it said was led by strong demand from two global institutional fund. The company said the investment increases its pro forma cash position to AU$94 million, which will be allocated across its portfolio, particularly focused on the Glenburgh project.

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 December 2025, 898 mining companies and 71 oil and gas companies are listed on the TSXV, combining for more than 60 percent of the 1,531 total companies listed on the exchange.

As for the TSX, it is home to 175 mining companies and 51 oil and gas companies. The exchange has 2,089 companies listed on it in total.

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

Keep Reading
Investing

Editor’s Picks: Is Gold and Silver’s Price Correction Over?

Investing 5 Mins Read

It’s been a wild couple of weeks for gold and silver.

After surging to record highs at the end of January, prices for both precious metals saw significant corrections, creating turmoil for market participants.

This week brought some relief, with gold bouncing back from its low point and even trading above US$5,000 per ounce for a brief period of time.

Silver, which is known for outperforming gold on both the upside and the downside, was more volatile, but seems to have found support around the US$70 per ounce level.

Why did gold and silver drop, and more importantly, what’s next? As always, there are a variety of different factors at play, but I’ll give you a rundown of what I’ve been hearing.

Starting with the pullback, I spoke with Joe Cavatoni of the World Gold Council, who pointed to speculative players as a key reason for gold’s price decline. Here’s how he explained it:

‘At the end of this, you’re looking at a lot of people who were pushing the price higher — speculative in nature — pulling back and taking money off the table. That’s why I think we’re seeing a correction in the price. I don’t think that we have an issue with, fundamentally, what’s going on in the gold market.’

Gary Savage of the Smart Money Tracker newsletter made a similar comment, saying that there are times when sentiment gets so bullish that eventually there’s no one left to buy.

However, on the silver side he saw signs of market manipulation as well:

‘Some of it is just (that) we got way too bullish, ran out of buyers. We were due for some kind of correction anyway, and I think the banks took advantage of that and coordinated a huge overnight attack that dropped silver … I think it was almost 30 percent, or maybe it was 30 percent, almost overnight. That allowed them to get out of their shorts, because a lot of those contracts were going to stand for delivery, and they were going to have to buy physical silver at US$120 an ounce to to deliver.’

Adding more nuance to the silver story this week was the news that billionaire Chinese trader Bian Ximing has reportedly established the largest net short position on the Shanghai Futures Exchange, with his bet against the white metal clocking in at US$300 million.

Bloomberg analysis of exchange data shows he started ‘ramping up silver shorts’ in the last week of January, although he initially began shifting from a long silver stance this past November.

Aside from silver, Bian is known for his moves in gold and copper.

There’s also been commentary suggesting that the nomination of Kevin Warsh for the US Federal Reserve chair position has weighed on gold and silver prices.

President Donald Trump announced his choice on January 30, with market watchers quickly pointing to Warsh’s hawkish reputation and questioning whether he will fall in line with Trump’s calls for lower interest rates. Rates have been a sticking point between Trump and current Fed Chair Jerome Powell.

However, in the days since the news broke, the tone has shifted, with Trump himself saying that Warsh wouldn’t have gotten the job if he said he wanted to raise rates.

Taking a step back from what’s happening now, I want to emphasize that the majority of the experts I’ve been speaking with recently don’t believe gold and silver are topping.

In a January 25 interview, Adrian Day of Adrian Day Asset Management said exactly that, pointing to previous bull markets where both metals moved steeply down before continuing up. This quote is from before last week’s correction, but I think you’ll see why it’s still relevant:

‘A pullback is always in the cards. And people forget, everybody talks about … 1974 to 1975, when gold dropped almost 50 percent. But people forget, the same thing happened in 2006. Halfway through the bull market, you had a 30 percent correction in gold, which of course means a much bigger correction for gold stocks.

‘So a pullback at some point is always not just a possibility, but it’s almost a certainty. But if we rephrase the question to, ‘Is this a top?’ You know, absolutely not. In my view, we are absolutely nowhere near a top.’

With that said, a point that’s come up repeatedly in my interviews lately is personalization — while it’s valuable to listen to other people’s views, what’s really important is to form your own opinions and understand why you own the assets in your portfolio. If you can do that, you’ll be better equipped to weather any storms, and to buy and sell when it’s time.

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

This post appeared first on investingnews.com

Keep Reading
Investing

Beyond the Pilot: Wiring Wall Street’s New Internet

Investing 4 Mins Read

For years, blockchain had promise in the finance industry, but lacked the liquidity and connectivity to scale.

Yuval Rooz, CEO and co-founder of Canton Network, believes that era is now ending.

The problem: Legacy friction

Traditional banking still depends on millions of costly, slow and error-prone messages as institutions attempt to reconcile fragmented records across systems.

Repurchase agreement (repo) trades highlight the problem. Moving cash and collateral typically requires multiple intermediaries, manual checks and settlement delays that can stretch for days.

Public blockchains such as Ethereum offer speed, but their full transparency creates a different obstacle, exposing sensitive transaction data that banks cannot legally or competitively disclose.

At the heart of the issue is a structural trade off. Banks need shared networks to scale efficiency, yet legacy infrastructure and open ledgers force a choice between operating in isolation or revealing too much information. The result has been a patchwork of private systems that protect data sovereignty, but sacrifice interoperability and efficiency.

Explaining how Canton’s technology removes that trade off, Rooz said:

“Banks built walled gardens because there was no way to share infrastructure without giving up control or privacy. What we’re seeing now is a gradual shift away from isolated systems toward shared rails where institutions retain sovereignty over their data, while still achieving interoperability.

‘That doesn’t mean internal systems disappear overnight, but it does mean the center of gravity shifts toward networks where counterparties can transact in real time.”

Canton’s solution: Privacy-enabled synchronization

Canton has created a shared ledger where institutions maintain private blockchains, yet synchronize seamlessly.

“I think critics misunderstand what financial institutions actually need,” Rooz explained. “Banks don’t want a system where everything is hidden, and they don’t want one where everything is public. They need a way to work together on shared processes, while keeping sensitive details private. That’s what Canton was designed for.”

In practice, JPMorgan keeps its ledger sovereign, while plugging into LSEG for atomic delivery-versus-payment (DvP) settlements, all without revealing private data. Sub-transaction privacy ensures only trade participants see details; to others, it’s invisible. This network of networks lets banks achieve interoperability without sacrificing control.

“(This) gives institutions a shared record they can trust, with configurable privacy at the protocol level to divulge transactional information only with involved parties. And because it’s built to connect different applications, firms can link markets and workflows together without sacrificing confidentiality,’ said Rooz.

“This combination is something traditional systems cannot offer and is why you’re seeing institutions move from pilots into production onchain,’ the expert added.

Live momentum: JPM Coin and tokenized repos

JPM Coin’s native integration is a strong signal that the market is maturing.

JPMorgan’s blockchain rail, with over US$1 trillion in processed volume, has fueled settlements across Canton’s ecosystem. Paired with LSEG’s tokenized deposits, which power live repo activity, there are now synchronized markets where DvP happens in seconds, not days.

Rooz highlighted the deeper impact, commenting, “Everyone notices the speed, but the collateral mobility is the substance beyond the headline. In legacy markets, collateral spends most of its life idle because moving it safely across systems requires messaging, reconciliation and time. Atomic settlement collapses those steps into a single transaction.’

He added, ‘When repos settle in seconds, collateral stops being static and becomes reusable. That improves liquidity, balance sheet efficiency and risk management.”

2026 outlook

JPM Coin and LSEG repos demonstrate Canton’s shift from pilots to production.

“We measure success by utilization,” said Rooz, adding, “Having Canton be the network where real transactions are taking place, and regulated assets are moving.’

He envisions steady expansion powering this transformation. Indeed, similar efforts are already live elsewhere, such as BlackRock’s BUIDL fund, which has tokenized US$1.7 billion in treasuries for 24/7 yields, and DRW Cumberland’s weekend repos, which use tokenized collateral with instant DvP settlements.

“I’d like to see more asset classes brought on to Canton, and the corresponding transaction volume we’re already seeing will continue to grow in the year ahead,’ said Rooz.

He sees this convergence accelerating across markets.

“Our ‘North Star’ is to drive the convergence of TradFi and DeFi onchain to create a new AllFi reality,’ he said.

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

This post appeared first on investingnews.com

Keep Reading
Investing

LaFleur Minerals Announces Grant of Stock Options

Investing 3 Mins Read

LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’ or ‘Issuer’) is pleased to announce that it has granted incentive stock options (‘Options’) to management and consultants of the Company to acquire an aggregate of 1,000,000 common shares at $0.50 per share, for a period of three years. These Options have been granted in accordance with the Company’s stock option plan.

About LaFleur Minerals Inc.

LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (OTCQB: LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 16,600 hectares (166 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road with a rail line running through the property allowing direct access to several nearby gold mills, further enhancing its development potential. LaFleur Minerals’ fully-refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.

ON BEHALF OF LaFleur Minerals INC.
Paul Ténière, M.Sc., P.Geo.
Chief Executive Officer
E: info@lafleurminerals.com
LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements in this news release include, without limitation, statements related to the use of proceeds from the Offering. Although the Company 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 may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. 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. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282966

News Provided by TMX Newsfile via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

5 Biggest AI ETFs for Investors in 2026

Investing 4 Mins Read

For investors who want to gain exposure to artificial intelligence stocks, exchange-traded funds (ETFs) are a popular avenue, because AI ETFs allow investors exposure to the overall market rather than individual AI stocks.

AI investing has exploded in popularity in recent years, particularly with the proliferation and advancement of generative AI technology. Today, many of the world’s largest tech stocks are focused on increasing their AI capabilities, or developing and supplying the hardware and technology needed to support the industry.

However, the sector has a long history. The phrase ‘artificial intelligence’ has been around since 1955, when it was used to describe a new computer science subdiscipline. Today, we use AI to describe simulated intelligence in machines. In other words, machines with AI are capable of simulating thinking like people and mimicking their actions.

As applications for AI rapidly expand, it’s clear that this market isn’t going away anytime soon.

1. Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)

Assets under management: US$7.97 billion

The Global X Artificial Intelligence & Technology ETF is passively managed, tracking the Indxx Artificial Intelligence & Big Data Index. The Global X fund, which was established in May 2018, has an expense ratio of 0.68 percent.

‘AIQ is passively managed to invest in developed market companies that are involved in the use of artificial intelligence to analyze big data, whether for their own operations, as a service to other companies, or through the production of related hardware,’ according to ETF.com.

The Global X Artificial Intelligence & Technology ETF’s 87 holdings include Samsung Electronics (KRX:005930), Alphabet (NASDAQ:GOOGL) and Micron Technology (NASDAQ:MU).

2. Defiance Quantum ETF (NASDAQ:QTUM)

Assets under management: US$3.67 billion

The Defiance Quantum ETF launched in September 2018. It tracks an index composed of 84 companies that derive at least half of their annual revenues from quantum computing and machine learning technology development activities.

The fund has the lowest expense ratio of the five AI funds on this list at 0.4 percent.

Some of the ETF’s top holdings include Quantum Emotion (TSX:QNC), Micron Technology and MKS (NASDAQ:MKSI).

3. Dan IVES Wedbush AI Revolution ETF (ARCA:IVES)

Assets under management: US$1.04 billion

The newest addition to this list, the Dan Ives Wedbush AI Revolution ETF launched on June 4, 2025, as Wedbush Fund’s inaugural ETF. The ETF’s holdings are based on the research of Dan Ives, Wedbush’s Global Head of Technology Research, and on the IVES AI 30 list, which is updated on a quarterly basis. It has an expense ratio of 0.75 percent.

The Dan Ives Wedbush AI Revolution ETF has 32 holdings comprising mostly large-cap tech stocks based in North America. Its top holdings include Micron Technology, Taiwan Semiconductor Manufacturing Company (NYSE:TSM) and NVIDIA (NASDAQ:NVDA).

4. Roundhill Generative AI & Technology ETF (ARCA:CHAT)

Assets under management: US$1.036 billion

The Roundhill Generative AI & Technology ETF launched on May 13, 2023, and focuses on companies that will benefit from the growth of generative AI. Companies must derive 50 percent of their revenue from generative AI or tech to qualify for its portfolio.

This AI ETF is actively managed and does not track an index. It has an expense ratio of 0.75 percent.

The ETF has 49 holdings, with 98 percent being large-cap companies. Its top holdings include Alphabet, NVIDIA and Microsoft (NASDAQ:MSFT), and it offers exposure to North American and Asian tech firms.

5. Invesco AI and Next Gen Software ETF (ARCA:IGPT)

Assets under management: US$715.8 million

The last AI ETF on this list is the Invesco AI and Next Gen Software ETF. It is the longest running compared to the other ETFs on this list, having launched in June 2005. The fund has an expense ratio of 0.58 percent.

It is based on the STOXX World AC NexGen Software Development Index and tracks the performance of companies that derive a direct revenue from technologies or products that contribute to future software development.

The Invesco AI and Next Gen Software ETF’s 100 holdings include Micron Technology, Meta Platforms (NASDAQ:META) and Advanced Micro Devices (NASDAQ:AMD).

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

This post appeared first on investingnews.com

Keep Reading
Investing

CSE, NSX Team Up to Boost Australia’s Venture Market

Investing 1 Min Read

Anna Serin of the Canadian Securities Exchange (CSE) and Eduardo Carmona of the National Stock Exchange of Australia (NSX) discuss the CSE’s recent acquisition of the NSX, outlining what it means for both companies and investors.

‘What we’re hoping to create, and where we think the opportunity lies in Australia, is creating the venture market a little bit like the CSE’s done (in Canada),’ Carmona explained.

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

This post appeared first on investingnews.com

Keep Reading
Investing

Syntholene Energy Corp. Announces $2.0 Million Non-Brokered Private Placement

Investing 6 Mins Read

Proceeds to be used to Accelerate Procurement and Component Assembly for Demonstration Facility Deployment in Iceland

Syntholene Energy CORP. (TSXV: ESAF,OTC:SYNTF) (FSE: 3DD0) (OTCQB: SYNTF) (the ‘Company’ or ‘Syntholene’) announces that it intends to complete a non-brokered private placement of up to $2.0 million (the ‘Financing’).

The Financing is expected to consist of the issuance of units of the Company (the ‘Units’) at a price of $0.45 per Unit, with each Unit comprising one common share of the Company (a ‘Common Share’) and one non-transferable common share purchase warrant (each whole warrant, a ‘Warrant’). Each whole Warrant will entitle the holder to purchase one additional Common Share at an exercise price of $0.63 for a period of two years from the date of issuance, subject to an acceleration provision in accordance with the terms of the Financing.

Gross proceeds from the Financing are expected to be used as follows: up to approximately $1.5 million toward the procurement and assembly of components for the Company’s planned demonstration facility in Iceland, and up to approximately $0.5 million toward corporate marketing initiatives, investor relations and working capital.

The Company expects that insiders of the Company may participate in the Financing. The extent of insider participation, if any, has not been determined at this time. Any insider participation will be disclosed in accordance with the policies of the TSX Venture Exchange and applicable securities laws.

Finder’s fees may be payable in connection with the Financing, subject to compliance with applicable securities laws and the policies of the TSX Venture Exchange.

All securities issued pursuant to the Financing will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws. Completion of the Financing remains subject to the receipt of all required regulatory approvals, including approval of the TSX Venture Exchange.

The securities offered pursuant to the Financing have not been and will not be 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. This news release does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Syntholene

Syntholene is actively commercializing its novel Hybrid Thermal Production System for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, manufactured at 70% lower cost than the nearest competing technology today. The company’s mission is to deliver the world’s first truly high-performance, low-cost, and carbon-neutral synthetic fuel at an industrial scale, unlocking the potential to produce clean synthetic fuel at lower cost than fossil fuels, for the first time.

Syntholene’s power-to-liquid strategy harnesses thermal energy to power proprietary integrations of hydrogen production and fuel synthesis. Syntholene has secured 20MW of dedicated energy to support the Company’s upcoming demonstration facility and commercial scale-up.

Founded by experienced operators across advanced energy infrastructure, nuclear technology, low-emissions steel refining, process engineering, and capital markets, Syntholene aims to be the first team to deliver a scalable modular production platform for cost-competitive synthetic fuel, thus accelerating the commercialization of carbon-neutral eFuels across global markets.

For further information, please contact:
Dan Sutton, CEO
comms@syntholene.com
www.syntholene.com
+1 608-305-4835

Investor Relations
KIN Communications Inc.
604-684-6730
ESAF@kincommunications.com

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

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words ‘expect’, ‘anticipate’, ‘aims’, ‘continue’, ‘estimate’, ‘objective’, ‘may’, ‘will’, ‘project’, ‘should’, ‘believe’, ‘plans’, ‘intends’ and similar expressions are intended to identify forward-looking information or statements. All statements, other than statements of historical fact, including but not limited to statements regarding the completion of the Financing, the proposed use of proceeds of the Financing, TSXV approval, development of the test facility, commercial scalability, technical and economic viability, anticipated geothermal power availability, anticipated benefit of eFuel, and future commercial opportunities, are forward-looking statements.

The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including without limitation the assumption that the Company will be able to complete the Financing on the proposed terms or at all, that the TSXV will approve the Financing, the Company will be able to execute its business plan, including that it will use the Proceeds of the Financing, if any, as described herein, that the Company will be able to advance its planned test facility, that the eFuel will have its expected benefits, that there will be market adoption, and that the Company will be able to access financing as needed to fund its business plan. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including without limitation the assumption that the Company will be able to execute its business plan, that the eFuel will have its expected benefits, that there will be market adoption, and that the Company will be able to access financing as needed to fund its business plan. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information 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, including, without limitation, Syntholene’s ability to meet production targets, realize projected economic benefits, overcome technical challenges, secure financing, maintain regulatory compliance, manage geopolitical risks, and successfully negotiate definitive terms. Syntholene does not undertake any obligation to update or revise these forward-looking statements, except as required by applicable securities laws.

Readers are advised to exercise caution and not to place undue reliance on these forward-looking statements.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282924

News Provided by TMX Newsfile via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Crypto Market Update: Bitcoin Price Slide Drives Half-Trillion Crypto Wipeout

Investing 5 Mins Read

Here’s a quick recap of the crypto landscape for Wednesday (February 4) 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$73,420.53, down by 3.9 percent over 24 hours.

Bitcoin price performance, February 4, 2026.

Chart via TradingView.

Expectations of tighter monetary policy and unresolved regulatory tensions are also weighing on investors.

Meanwhile, XS.com’s Samer Hasn is observing positive sentiment marked by long-term investors and new Bitcoin addresses accumulating at current low prices, despite speculative money leaving. He views the downtrend as a buying opportunity while the broader market anticipates crucial economic data and earnings from Alphabet (NASDAQ:GOOGL).

Ether (ETH) was priced at US$2,164.80, down by 5.7 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.54, down by 4.7 over 24 hours.
  • Solana (SOL) was trading at US$93.04, down by 7.7 percent over 24 hours.

Today’s crypto news to know

Bitcoin-led selloff wipes nearly US$500 billion from crypto market

A sharp crypto selloff has erased nearly half a trillion dollars in market value in less than a week, with Bitcoin leading the decline, according to a Bloomberg report.

The total market cap for crypto has fallen by about US$467.6 billion since January 29.

Meanwhile, Bitcoin slid to its lowest level since US President Donald Trump’s re-election in early November 2024, briefly touching US$72,877 in US trading before clawing back to around US$75,900.

The pullback comes despite a more crypto-friendly White House and growing institutional adoption, reflecting how fragile sentiment remains after months of heavy leverage.

More than US$700 million in bullish and bearish bets were liquidated in the past 24 hours alone, taking total liquidations since January 29 to over US$6.6 billion, according to CoinGlass data.

Burry warns Bitcoin slide could trigger cascading financial stress

In a Substack post published on Monday (February 2), Michael Burry speculated that Bitcoin’s recent sharp decline could be something beyond a normal bear market, framing it as a uniquely dangerous setup that could trigger cascading financial turmoil across leveraged portfolios, as well as the entire crypto market and metals.

As Bitcoin is deeply embedded into leveraged structures, further price drops could force more selling. He outlined several ‘sickening scenarios,’ including 15 to 20 percent hits for large institutional holders like Strategy (NASDAQ:MSTR), a company he predicts could see major losses if Bitcoin were to fall to US$60,000.

If the cryptocurrency were to dip toward US$50,000, Burry said miners could dump reserves to avoid bankruptcy, dragging minerals and tokenized metal futures into a collapse. Burry sees Bitcoin as a purely speculative asset that has failed to act as a reliable debasement hedge like gold, so its drawdown exposes broader balance sheet fragility driven not just by price moves, but also by over‑levered positions, aggressive artificial intelligence and cloud CAPEX accounting and weak capital discipline that will only become apparent when liquidity tightens.

Strategy’s Bitcoin bet goes underwater

Michael Saylor doubled down on his Bitcoin conviction this week even as Strategy’s vast holdings slipped below their average purchase price. Bitcoin’s drop under roughly US$76,000 has pushed the firm’s estimated cost basis into negative territory, leaving it about US$630 million underwater on paper, according to market estimates cited by critics.

The company has accumulated more than 712,000 BTC since 2020 using a mix of share issuance and convertible debt, a strategy that paid off during the bull market, but now faces renewed scrutiny.

Bitcoin critics, including Peter Schiff, argue that Strategy’s aggressive buying helped fuel the earlier rally and that slowing purchases are now exacerbating the decline. Saylor has rejected that view, posting on X that volatility is “Satoshi’s gift to the faithful” and reiterating his rule to “Buy Bitcoin.”

TRM Labs hits US$1 billion valuation

Blockchain intelligence firm TRM Labs has reached a US$1 billion valuation after closing a US$70 million Series C funding round that was led by Blockchain Capital and included backing from Goldman Sachs (NYSE:GS), Bessemer Venture Partners, Brevan Howard, Thoma Bravo and Citi Ventures.

Co-founder Esteban Castaño said the company was built around the belief that widespread crypto adoption would inevitably require sophisticated risk and compliance tools.

TRM gained traction with law enforcement agencies and financial institutions by tracking activity across multiple blockchains, an early strategic choice that helped it compete with more established rivals.

Bessent reasserts government Bitcoin stance

During testimony before the House Financial Services Committee during a mandatory oversight hearing on the annual report of the Financial Stability Oversight Council, US Secretary of the Treasury Scott Bessent reasserted his stance that Bitcoin is an asset of the US government, not a liability, and that the Strategic Bitcoin Reserve built from forfeited coins is a legitimate balance sheet asset that the treasury is treating as part of the nation’s financial toolkit.

Bessent noted that roughly US$500 million in seized Bitcoin retained by the government has appreciated to over US$15 billion while in custody, underscoring Bitcoin’s role as a high‑growth strategic asset on the federal balance sheet.

He reiterated that the US is not planning to buy more Bitcoin on the open market, but will continue to accumulate it in budget‑neutral ways to build the reserve, such as through forfeitures and seizures.

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

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

This post appeared first on investingnews.com

Keep Reading