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New speed limits may be viewed as a 'revenue maker' by drivers, councillor saysBy ADRIANA GOMEZ LICON FORT LAUDERDALE, Fla. — Republican senators pushed back on Sunday against criticism from Democrats that , Donald Trump’s pick to lead , is “compromised” by and , as a congresswoman, with Syria’s president, a close ally of the Kremlin and Iran. Sen. Tammy Duckworth, an Illinois Democrat and veteran of combat missions in Iraq, said she had concerns about Tulsi Gabbard, Trump’s choice to be . “I think she’s compromised,” Duckworth said on CNN’s “State of the Union,” citing Gabbard’s 2017 trip to Syria, where she held talks with Syrian President Bashar Assad. Gabbard was a Democratic House member from Hawaii at the time. “The U.S. intelligence community has identified her as having troubling relationships with America’s foes. And so my worry is that she couldn’t pass a background check,” Duckworth said. Gabbard, who said last month she is joining the Republican Party, has served in the Army National Guard for more than two decades. She was deployed to Iraq and Kuwait and, according to the Hawaii National Guard, a Combat Medical Badge in 2005 for “participation in combat operations under enemy hostile fire in support of Operation Iraqi Freedom III.” Duckworth’s comments drew immediate backlash from Republicans. “For her to say ridiculous and outright dangerous words like that is wrong,” Sen. Markwayne Mullin, a Republican from Oklahoma, said on CNN, challenging Duckworth to retract her words. “That’s the most dangerous thing she could say — is that a United States lieutenant colonel in the United States Army is compromised and is an asset of Russia.” In recent days, other Democrats have accused Gabbard without evidence of being a “Russian asset.” Sen. Elizabeth Warren, a Massachusetts Democrat, has claimed, without offering details, that Gabbard is in Russian President Vladimir “Putin’s pocket.” Mullin and others say the criticism from Democrats is rooted in the fact that Gabbard left their party and has become a Trump ally. Democrats say they worry that Gabbard’s selection as national intelligence chief endangers ties with allies and gives Russia a win. Rep. Adam Schiff, a California Democrat just elected to the Senate, said he would not describe Gabbard as a Russian asset, but said she had “very questionable judgment.” “The problem is if our foreign allies don’t trust the head of our intelligence agencies, they’ll stop sharing information with us,” Schiff said on NBC’s “Meet the Press.” Gabbard in 2022 endorsed one of Russia’s justifications for : the existence of working on some of the world’s nastiest pathogens. The labs are part of an international effort to control outbreaks and stop bioweapons, but Moscow claimed Ukraine was using them to create deadly bioweapons. Gabbard said she just voiced concerns about protecting the labs. Gabbard also has suggested that Russia had legitimate security concerns in deciding to invade Ukraine, given its desire to join NATO. Republican Sen. Eric Schmitt of Missouri said he thought it was “totally ridiculous” that Gabbard was being cast as a Russian asset for having different political views. “It’s insulting. It’s a slur, quite frankly. There’s no evidence that she’s a asset of another country,” he said on NBC. Sen. James Lankford, another Oklahoma Republican, acknowledged having “lots of questions” for Gabbard as the Senate considers her nomination to lead the intelligence services. Lankford said on NBC that he wants to ask Gabbard about her meeting with Assad and some of her past comments about Russia. “We want to know what the purpose was and what the direction for that was. As a member of Congress, we want to get a chance to talk about past comments that she’s made and get them into full context,” Lankford said.:Lumen Technologies has kicked off a process to sell its consumer fiber operations, as the telecommunications company looks to phase out its legacy mass markets business and reduce its sizable debt pile, according to people familiar with the matter. The move to offload the fiber business, which provides high-speed internet services to residential customers, comes as Lumen is doubling down on the artificial intelligence boom to power its near-term growth, while grappling with a rapid decline in sales and profits from its legacy business. Monroe, Louisiana-based Lumen is working with investment bankers at Goldman Sachs to gauge interest for the business from potential acquirers that include industry rivals, the sources said, requesting anonymity as the matter is confidential. The company's shares closed up nearly 5 per cent on the news on Thursday. Lumen could also choose to sell a stake in the fiber unit or sign a joint-venture deal with a strategic partner, the sources said, adding that the talks are at an early stage and a deal is not guaranteed. The company has been exploring options for the mass markets business, which houses the fiber operations, since earlier this year. At the Bank of America Leveraged Finance Conference earlier this month, Lumen Chief Financial Officer Chris Stansbury said the fiber business was "a great asset, but an asset that is probably better suited in somebody's hands that has a wireless offering." Any deal would require Lumen to split up its fiber business, which also offers internet services to large enterprise customers, the sources said, adding that the company is not planning to sell the enterprise fiber operations. As of the end of September, Lumen operated 4.1 million fiber-enabled locations. Depending on what parts of the consumer fiber unit Lumen chooses to sell and how a deal is structured, the transaction could be valued at $6 billion to $9 billion, the sources said. Lumen and Goldman Sachs both declined to comment. STRATEGIC SHIFT Known as CenturyLink before its 2020 rebranding, Lumen has changed course several times over the years, most recently in 2021 when the company sold its local exchange carrier assets in 20 states to Apollo-backed Brightspeed for $7.5 billion. Lumen's legacy business offers broadband, voice and other services to businesses and residential customers. It owns underground cables that are leased out through long-term contracts and helps provide fiber connectivity to customers. To turn around its fortunes, Lumen has restructured its debt and signed billions of dollars of new contracts to provide networking and cybersecurity services to Big Tech companies. Lumen has also been attempting to shrink its reliance on the legacy business, which was grown from past acquisitions - including its $25 billion merger with Level 3 Communications in 2017 - and has declined in value over the years as the technology has become outdated. In August, the company secured $5 billion in business from new customers, including Microsoft, to provide AI connectivity to cloud computing data centers. In its latest quarter, Lumen signed new contracts worth $3 billion, which included partnerships with Meta, Alphabet and Amazon. The contract wins have bolstered Lumen's share price, which has more than tripled in value this year, giving the company a market value of about $6.2 billion. Lumen’s long-term debt stood at $18.1 billion for the quarter ended Sept 30. Lumen posted revenue of $3.2 billion in the third quarter, down 11.5 per cent from the same period a year earlier, while its net loss widened to $148 million. Its fiber broadband business, which accounts for 40 per cent of its mass markets broadband revenue, grew 16.6 per cent from last year. In September, Lumen launched a debt swap for near-term bonds to extend some of its maturities. The exchange triggered a downgrade in Lumen's credit rating from S&P Global Ratings. In November, S&P assigned a CreditWatch Positive rating to Lumen on the back of the company's recent AI contract wins, indicating that its credit rating could be upgraded by a notch depending on its fourth-quarter results.

TORONTO, ON / ACCESSWIRE / December 23, 2024 / Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF)(FRA:BAI0) ("Cerrado" or the "Company") announces that it and its wholly owned subsidiary, Minera Don Nicolas S.A. ("MDN"), have entered into an option agreement ("Option Agreement") with Cerro Vanguardia S.A. ("CVSA") a wholly-owned subsidiary of AngloGold Ashanti Holdings Plc, whereby MDN has granted to CVSA the option ("Option") to purchase a 100% interest (the "Transaction") in certain properties (the "Michelle Properties") located in the south region of MDN's Minera Don Nicolas Project in Santa Cruz, Argentina, for total consideration of the Argentina peso equivalent of US$14 million (approximately C$19 million) (the "Purchase Price"), subject to the fulfilment of certain conditions. The Option Agreement was ratified December 23, 2024, with effect December 18, 2024.Minera Don Nicolas Enters Option Agreement with AngloGold Ashanti Argentinian Subsidiary, Cerro Vanguardia SA, for the Sale of its Michelle Exploration Properties for Total Consideration of US$14 Million The Purchase Price is payable in the following stages: During the Option Period CVSA will take operational control of the Michelle Properties. Mark Brennan, CEO and Chairman commented: "The option of these non-core properties to CVSA, the logical owner of these properties, is highly accretive to Cerrado and its shareholders. The Transaction will immediately improve the balance sheet and short-term capital position at MDN, allowing us to focus on our core properties. With current strong operating cashflows at MDN and capital proceeds from asset sales, we are very well positioned to pursue strong growth programs at MDN and at our Mont Sorcier high grade iron project, as well as look at additional opportunities to grow the Company in the near term." Transaction Summary and Details The Michelle Properties are a collection of 14exploration concessions, totaling approximately 14,000 hectares located approximately 100 km to the South-East of the MDN plant and 10 km to the North-West of CVSA's Cerro Vanguardia Mine. The Michelle Properties are highlighted in the following map: MDN will receive from CVSA the Argentina CCL peso equivalent of US$4 million to MDN on or about December 27, 2024. CVSA may exercise the Option at its sole discretion at any time within three (3) years unless earlier terminated (the "Option Period") by providing an exercise notice to MDN and paying the exercise price of the Argentina pesos equivalent of US$10 million. The Option may be exercised at CVSA's sole discretion at any time during the Option Period, provided that the required payment has been paid by CVSA. Pursuant to the terms of the Option Agreement, CVSA is intended to assume operational control of the Michelle Properties from the date of the Option Agreement until the expiry of the Option Period. Royalty and Stream Holders Concurrent with the Transaction, MDN obtained prior written consents to the Transaction and exercise of the Option from all holders of royalties and metals streams applicable to the Michelle Properties (the "Consents"), including RG Royalties, LLC ("Royal Gold"), a subsidiary of Royal Gold Inc., Sandstorm Gold Limited ("Sandstorm"), a subsidiary of Sandstorm Gold Royalties, and Sprott Private Resource Streaming and Royalty (B) Corp. ("Sprott"). Receipt of the Consents reduces risks and expedites closing if CVSA elects to exercise the Option. Prior to executing the Option Agreement, Royal Gold was paid all accrued royalty amounts outstanding as of September 30, 2024, and Sandstorm was paid a lump sum. Both Royal Gold and Sandstorm agreed to waive all accrued interest and penalties on royalty amounts outstanding as of September 30, 2024, provided that in the case of Sandstorm, all royalty amounts are paid when due in instalments over the next two quarters. The waiver of accrued interest and penalties, taken together with the repayment of outstanding royalties, results in substantial reductions of Company accounts payable. In connection with the Consents and the waiver of interest and penalties, the Company provided corporate guarantees to Royal Gold and Sandstorm relating to their royalty agreements with MDN, and MDN and has conditionally agreed to pay Sandstorm up to US$500,000 in connection with a cap on royalty payments on the Michelle Properties subject to the existing maximum royalty amount of approximately $1,300,000 that may be payable to Sandstorm under the applicable Sandstorm royalty agreement. Review of Technical Information The scientific and technical information in this press release has been reviewed and approved by Sergio Gelcich, P.Geo., Vice President, Exploration for Cerrado Gold Inc., who is a Qualified Person as defined in National Instrument 43-101. About Cerrado Cerrado Gold is a Toronto-based gold production, development, and exploration company focused on gold projects in South America. The Company is the 100% owner of both the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron Ore and Vanadium project located outside of Chibougamou, Quebec. In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas operation through continued operational optimization and is growing production through its operations at the Las Calandrias Heap Leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff. In Canada, Cerrado holds a 100% interest in the high grade, high purity Mont Sorcier Iron Ore and Vanadium project, which has the potential to produce a premium iron ore concentrate over a long mine life at low operating costs and with low capital intensity. Furthermore, its high grade and high purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of SDG goals. For more information about Cerrado please visit our website at: www.cerradogold.com . Mark Brennan CEO and Chairman Mike McAllister Vice President, Investor Relations Tel: +1-647-805-5662 Email: info@cerradogold.com Disclaimer 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. This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements contained in this press release include, without limitation, statements regarding the business and operations of Cerrado, that CVSA will exercise the Option, receipt by Cerrado of the whole Purchase Price including the $10 million upon exercise the Option, the value of Argentina pesos at the CCL Buyers rate, that MDN will satisfy conditions relating to the waiver of interest and penalties. In making the forward- looking statements contained in this press release, Cerrado has made certain assumptions, including, but not limited to the satisfactory completion of due diligence by Amarillo and the exercise of the Option by Amarillo, the satisfaction of all conditions to closing of the Proposed Transaction, including the receipt of all required approvals (including regulatory and shareholder approval), cash flow generated from MDN and changes in economic and monetary policies and regulations in jurisdictions in which Cerrado and its subsidiaries operate. Although Cerrado believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, Cerrado disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. SOURCE: Cerrado Gold Inc. View the original on accesswire.com

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Arctic Bay, Nunavut, is expecting to receive federal money to build a small craft harbour in 2025, six years after the project was first announced. In 2019, the federal government revealed plans to build harbours in four Nunavut communities — Arctic Bay, Clyde River, Grise Fiord and Resolute Bay. That's part of the Tallurutiup Imanga National Marine Conservation Area and the associated Inuit Impact and Benefit Agreement, which is meant to support local training and employment. The federal government's fall economic statement last week proposed $105.9 million over seven years, starting in 2025, for construction in Arctic Bay. The Department of Fisheries and Oceans Canada (DFO) expects it to be operational by 2031. "Community and commercial fishing, hunting, food supply, safety and security issues, transportation, tourism, and socialization will be enhanced at the community and regional level," DFO wrote in an email. DFO estimates the harbour will create roughly 60 to 150 jobs during the construction period, and $90 to $130 million in GDP. "This project will be publicly tendered as a set-aside project for firms on the Nunavut Tunngavik Inc. Inuit Firm Registry and will include Inuit Benefits Criteria," DFO said. Nunavut NDP MP Lori Idlout said the announcement has been a long-time coming. "Time and time again they keep neglecting the North unless forced to act. Now, we see the first steps and I won't stop pushing until the harbour is complete," she said. "Hunters and trappers in Nunavut feed their families and keep their culture alive." Construction of Clyde River's small craft harbour in September 2024. (Caitlin Joanas/CBC) Meanwhile in Clyde River, construction of a small craft harbour there is underway by Pilitak Enterprises. That's set to be operational by summer 2026. Pond Inlet, which was also a party to that conservation area agreement, opened their community harbour in 2022. The construction timelines for Grise Fiord and Resolute Bay remain unclear. According to the Nunavut Impact Review Board database , the Government of Nunavut partnered with Worley Consulting this year to support geotechnical studies for the two proposed community harbours.

Celebrated filmmaker Prakash Jha captivated audiences at the 55th International Film Festival of India (IFFI) in Goa as he delved into the nuances of his latest film, ‘Amar Aaj Marega’. Known for his gripping narratives and socially charged cinema, Jha described the film as a deeply relatable exploration of a pivotal human experience. “The story of ‘Amar’ is timeless,” Jha shared during an interaction with ANI. “At some point, everyone feels they’ve reached a breaking point where life needs reevaluation. This film reflects that universal sentiment.” Directed by Rajat K, ‘Amar Aaj Marega’ was unveiled at IFFI on November 24, garnering attention for its dark humor and layered storytelling. Advertisement Jha praised the director’s vision, saying, “Rajat’s approach to the narrative is unique. He’s infused humor into dark themes, creating a rich tapestry of emotions. It’s a wonderful opportunity to explore such a complex character on screen.” Confident in the film’s impact, Prakash Jha added, “It’s a powerful story that will resonate with audiences. The film is not only well-made but also highly relatable.” Jha, who boasts an illustrious career with National Award-winning works such as ‘Damul’, ‘Mrityudand’, ‘Gangaajal’, ‘Apaharan’, and ‘Raajneeti’, also hinted at exciting projects in the pipeline. He revealed plans for a third installment in the ‘Gangaajal’ series and a sequel to the political drama ‘Raajneeti’. “Political narratives have evolved significantly over the last decade,” he explained. “We’re weaving these changes into compelling stories. However, my current focus is on ‘Janadesh’.” Meanwhile, IFFI 2024 continues to shine as a global cinematic platform, showcasing over 180 films from 81 countries. The festival includes 16 world premieres, 43 Asian premieres, and 109 Indian premieres. This year’s edition also features a heartfelt tribute to Indian cinema icons Raj Kapoor, Tapan Sinha, Akkineni Nageswara Rao (ANR), and Mohammed Rafi, marking their 100th birth anniversaries. Running until November 28, IFFI 2024 offers an unparalleled celebration of storytelling, innovation, and cultural diversity. AdvertisementBangkok, Thiland, Nov. 21, 2024 (GLOBE NEWSWIRE) -- BDMS Wellness Clinic, a leading preventive healthcare center, introduces the Longevity Card —an exquisite privilege designed to help individuals transcend traditional health care limits through the Wellness Life Blueprint, a sustainable roadmap to optimal health. This privilege card offers comprehensive health assessments, providing insights into micronutrient balance, sleep quality, weight management, mental health support, personalized exercise planning, and lifestyle medicine for enhanced healthspan. 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Dr.Tanupol concluded Discover the privilege of healthcare with the Longevity Card at BDMS Wellness Clinic Wireless Road, Soonvijai, Bangkok Hospital Phuket, and Laguna Phuket brand. For more information, please visit https://bdmswellness.com/longevity-card # # # About BDMS Wellness Clinic BDMS Wellness Clinic, a pivotal entity within the Bangkok Dusit Medical Services (BDMS) network—Thailand's operator of private hospitals—embodies a forward-thinking approach to healthcare, prioritizing prevention over cure. Specializing in early detection and prevention of diseases, our clinic offers a holistic suite of services, including advanced dental care and fertility treatments. Leveraging cutting-edge science and technology, BDMS Wellness Clinic not only anticipates future health challenges but also enhances the quality of life, marking its stature as Asia's premier healthcare facility dedicated to elevating both mental and physical well-being. More Information FB: Facebook.com/BDMSWellnessClinic IG @BDMSWellness Media Inquiries: Please contact the Marketing and Communication Department, BDMS Wellness Clinic Co. Ltd. Chanokphat Pawangkanan +6684-703-5963 Email: chanokphat.pa@bdmswellness.com