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Defense Metals invited to submit proposal for C$32M rare earth project funding by Canadian government

Market News
12 Aug 2026
PRNewsWire
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Bullish
Defense Metals invited to submit proposal for C$32M rare earth project funding by Canadian government

Defense Metals Corp. has been invited by Natural Resources Canada to submit a full project proposal for up to C$32 million in funding to advance its Wicheeda Rare Earth Element Project in British Columbia. This invitation follows an expert review of the company's initial expression of interest and signals potential government support for developing critical mineral supply chains in Canada. The funding would support feasibility studies and pilot-scale work on rare earth processing technologies, addressing a strategic gap in Canada's midstream rare earth capacity. The project aims to supply critical rare earth elements essential for defense, technology, and clean energy sectors, with further studies and approvals needed before production can begin.

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Rezolve AI CFO to discuss AI-driven commerce at Maxim Growth Summit 2026

Rezolve AI CFO to discuss AI-driven commerce at Maxim Growth Summit 2026

Rezolve AI announced that Arthur Yao, their Group CFO, will participate in the Consumer & Lifestyle Panel at the Maxim Growth Summit 2026 on October 13. The panel will focus on the rise of agentic commerce and its effects on consumer and lifestyle se...

Market News
Neutral
1 hour ago
STMicroelectronics repurchases 346,538 shares worth €17M to support employee share programs

STMicroelectronics repurchases 346,538 shares worth €17M to support employee share programs

STMicroelectronics repurchased 346,538 of its ordinary shares on Euronext Paris between October 5 and 9, 2026, spending about €17 million at an average price of €49.24 per share. This buyback, representing 0.04% of its issued share capital, aims to f...

Company Fundamentals
Neutral
1 hour ago
Freshworks to acquire Torii, enhancing AI and software spend governance in Freshservice platform

Freshworks to acquire Torii, enhancing AI and software spend governance in Freshservice platform

Freshworks Inc. has signed an agreement to acquire Torii, a leader in SaaS and AI spend management, to extend its Freshservice platform. This acquisition aims to provide IT teams with comprehensive visibility and control over software and AI usage, c...

Company Fundamentals
Bullish
1 hour ago
Five major U.S. banks report Q3 earnings amid rising yields and market volatility this week.

Five major U.S. banks report Q3 earnings amid rising yields and market volatility this week.

This week, five major U.S. banks—JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, and Morgan Stanley—are set to release their third-quarter earnings. The reports come amid a challenging market environment where bank shares have declined due to ...

Company Fundamentals
Neutral
1 hour ago
Nano Labs schedules 2026 AGM to approve share consolidation, re-designation, and subdivision plans.

Nano Labs schedules 2026 AGM to approve share consolidation, re-designation, and subdivision plans.

Nano Labs Ltd announced its 2026 Annual General Meeting on November 24, 2026, in Hangzhou, China. The meeting will seek shareholder approval for a share consolidation (10-to-1), re-designation of shares into Class A and B, and a conditional share sub...

Company Fundamentals
Neutral
1 hour ago
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