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President Donald Trump says Ukraine and Russia are ‘making progress’ toward a peace agreement, but he conceded that the conflict remains ‘difficult’ to solve.

Trump made the comments while speaking to reporters aboard Air Force One on Tuesday night, giving insight into the ongoing Ukraine-Russia talks. He went on to say that U.S. Envoy Steve Witkoff would soon be engaging in talks in Moscow, potentially alongside Trump’s son-in-law, Jared Kushner.

‘We’re having good talks,’ Trump said. ‘Ukraine is doing well. I think they’re pretty happy about it. I’d like to see it end, and we won’t know for a little while. Well, we’re making progress.’

‘We settled eight wars, and I thought this would be one of the easier ones because of my relationship with President Putin, but this is probably one of the more difficult ones. There’s a lot of hatred,’ he added.

Trump said that Europe is playing a large part in ensuring there are security guarantees for Ukraine to prevent any further aggression from Russia.

The Trump administration had come under scrutiny last week after presenting a 28-point peace plan to U.S. lawmakers. Some lawmakers, including Republicans, initially described it as a ‘wish list’ for Russia.

Trump downplayed that plan while speaking Tuesday night, telling reporters that it was ‘just a map.’

‘All that was was a map. That was not a plan. It was, a concept. And from there they’re taking each one of the 28 points, and then you get down to 22 points. A lot of them were solved and actually very favorably solved. So, so we’ll see how we’ll see what happens,’ he said.

While the talks are moving quickly, Trump said he does not have a deadline for securing a deal.

‘The deadline for me is when it’s over,’ he said. ‘I think everybody’s tired of fighting at this moment. They are losing, losing too many people.’

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Fulton County Superior Court Judge Scott McAfee issued an order dismissing the 2020 election interference case against President Donald Trump and his co-defendants after the state of Georgia had moved to drop the matter.

‘The State having moved for an entry of nolle prosequi for all remaining defendants, the Court grants the motion,’ the order declares. ‘This case is hereby dismissed in its entirety.’

Trump’s lead Georgia defense counsel Steve Sadow described the case as ‘lawfare.’

‘The political persecution of President Trump by disqualified DA Fani Willis is finally over. This case should never have been brought. A fair and impartial prosecutor has put an end to this lawfare,’ Sadow said in the statement.

Peter J. Skandalakis, who took over prosecution after Fulton County District Attorney Fani Willis was disqualified from handling it, filed a motion to dismiss the case earlier Wednesday in order to ‘serve the interests of justice and promote judicial finality.’

‘This entire case, from the initiation of the District Attorney’s investigation in 2021 to the present, is without precedent,’ noted Skandalakis. ‘In my professional judgment, the citizens of Georgia are not served by pursuing this case in full for another five to ten years.’

The Georgia case yielded the iconic 2023 mugshot of then-candidate Trump.

‘Never before, and hopefully never again, will our country face circumstances such as these. The case is now nearly five years removed from President Trump’s phone call with the Secretary of State, and two years have passed since the Grand Jury returned charges against President Trump and the eighteen other defendants,’ Skandalakis noted. ‘There is no realistic prospect that a sitting President will be compelled to appear in Georgia to stand trial on the allegations in this indictment. Donald J. Trump’s current term as President of the United States of America does not expire until January 20, 2029; by that point, eight years will have elapsed since the phone call at issue.’

The prosecutor explained why the other defendants in the criminal case would not be tried separately. 

‘Severing President Trump from the remaining defendants and conducting separate trials, while simultaneously waiting for the conclusion of his term and addressing all of the aforementioned legal issues, would be both illogical and unduly burdensome and costly for the State and for Fulton County,’ Skandalakis wrote. ‘The Prosecuting Attorneys’ Council of Georgia lacks the resources to conduct multiple trials in this matter.’

Fox News’ Samantha Daigle and David Lewkowict contributed to this report

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A federal court ruled Wednesday that President Donald Trump and his former lawyer, Alina Habba, are still on the hook for a $1 million penalty for filing a ‘frivolous’ lawsuit against Hillary Clinton, former FBI director James Comey and others.

The ruling from the 11th Circuit Court of Appeals relates to a now-dismissed lawsuit filed by Trump relating to Russian collusion claims. Trump was first ordered to pay the $1 million in the case in 2023, but he and Habba appealed the ruling.

In addition to Clinton and Comey, their lawsuit also named Sen. Adam Schiff, D-Calif., former FBI officials Peter Strzok and Lisa Page, and many more.

Trump and Habba, who now serves as U.S. attorney for New Jersey, will be forced to pay approximately $938,000 — split between the dozens of individuals named in the lawsuit.

In the original lawsuit, Trump accused the high-profile figures of conspiring to tank his successful 2016 presidential campaign.

‘Here we are confronted with a lawsuit that should never have been filed, which was completely frivolous, both factually and legally, and which was brought in bad faith for an improper purpose,’ wrote Judge Donald Middlebrooks in his 2023 ruling, which was upheld Wednesday.

‘Mr. Trump is a prolific and sophisticated litigant who is repeatedly using the courts to seek revenge on political adversaries. He is the mastermind of strategic abuse of the judicial process and he cannot be seen as a litigant blindly following the advice of a lawyer,’ he added.

Two defendants in the case also claimed that Trump’s appeal itself was frivolous and sought additional sanctions for it, but the court disagreed.

Fox News Digital reached out to the White House for comment, but they did not immediately respond.

Wednesday’s ruling comes just days after a separate federal court dismissed false statements charges leveled against Comey. Judge Cameron Currie ruled that the charges were brought by an unqualified U.S. attorney. That U.S. attorney is Lindsay Halligan, who Trump appointed to the position just weeks prior.

Currie, a Clinton appointee based in South Carolina, was brought in from out of state to preside over proceedings about the question of Halligan’s authority because it presented a conflict for the Virginia judges. Comey’s and James’ challenges to Halligan’s appointment were consolidated because of their similarity.

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A local Namibian politician named Adolf Hitler Uunona is widely expected to retain his council seat in the country’s latest round of regional elections, drawing international attention for a name he says carries no ideological meaning.

A longtime member of Namibia’s ruling SWAPO party, he is running again in the Ompundja constituency in the northern Oshana region. 

While final tallies have not yet been released, several international outlets report he is projected to win by a wide margin, consistent with previous elections. SWAPO, which has governed Namibia since independence in 1990, has shifted from its socialist liberation roots toward a more centrist, market-oriented governing approach.

His German dictator-linked name — ‘Adolf Hitler’ — was given to him by his father, he told the German outlet Bild, who he claimed did not understand the historical weight the name carried.

‘It was a perfectly normal name for me when I was a kid,’ Uunona told Bild. ‘It wasn’t until I grew older that I realized this man wanted to subjugate the whole world and killed millions of Jews.’

He said his childhood name reflected no political intent and stressed that he has never held extremist beliefs. 

‘The fact I have this name does not mean I want to conquer Oshana,’ he said, adding in earlier interviews he generally goes by Adolf Uunona in daily life.

Namibia was a German colony from 1884 to 1915, and Germanic names and place names remain common in some communities. Historians note that this legacy sometimes results in unusual or jarring combinations by modern standards, though they carry no inherent ideological meaning.

According to official information from the Oshana regional government, the Ompundja constituency has 4,659 inhabitants, 19 administrative centers and covers 466 square kilometers.

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President Donald Trump said Wednesday that he would not invite South Africa to the 2026 G-20 summit in Florida, citing alleged ‘horrific human rights abuses.’

‘To put it more bluntly, they are killing white people and randomly allowing their farms to be taken from them,’ Trump alleged in a Truth Social post. ‘At my direction, South Africa will NOT be receiving an invitation to the 2026 G-20, which will be hosted in the Great City of Miami, Florida next year,’ he added.

The Embassy of South Africa did not immediately respond to Fox News Digital’s request for comment.

Clayson Monyela, head of diplomacy for the Department of International Relations and Cooperation, dismissed the notion that South Africa could be shut out.

‘South Africa is a founding member of the G-20. We don’t get invited to G-20 meetings and leaders summit. Those are gatherings of members. If other members allow this then the G-20 will die,’ Monyela told Fox News Digital.

‘Other countries have already told us that they too will boycott the U.S. G-20 if South Africa is excluded,’ Monyela added.

If carried out, the move would break with more than two decades of precedent and mark the first time a member has been formally excluded from the gathering of the world’s major economies.

The G-20, which brings together major advanced and emerging economies and accounts for roughly 80% of global GDP and two-thirds of the world’s population, has historically operated on the principle of inclusion.

That tradition already was strained after the U.S. boycott of the 2025 meeting held in Johannesburg earlier in November.

The Trump administration argued that the country’s government had failed to address violence and discrimination it claimed was occurring in rural farming communities. Additionally, the U.S. objected to the meeting’s focus on climate and development issues rather than core economic priorities.

The boycott marked a notable break from past U.S. engagement, leaving the world’s largest economy missing from a key forum for global economic policymaking.

Trump also said in the same Truth Social post that he would halt U.S. payments to South Africa.

‘South Africa has demonstrated to the world they are not a country worthy of membership anywhere and we are going to stop all payments and subsidies to them, effective immediately,’ Trump wrote.

The White House and State Department did not immediately respond to Fox News Digital’s request for further details.

It remains unclear how the move will affect the country’s standing within the G-20 or broader U.S.–South Africa relations ahead of the 2026 summit in Florida.

Relations between Trump and South African President Cyril Ramaphosa have steadily deteriorated in recent months.

In February, Trump suspended U.S. aid to South Africa, alleging discrimination against White farmers. Tensions escalated again in March when the State Department expelled the South African ambassador, labeling him ‘persona non grata.’

In May, the two leaders clashed in the Oval Office when Trump pressed Ramaphosa over allegations that White Afrikaners were being targeted and killed in South Africa. 

Ramaphosa pushed back, telling Trump he had seen no evidence to support those claims.

Paul Tilsley contributed to this report from Johannesburg, South Africa.

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Senate Democrats are ready to break a fragile truce that would avert a partial government shutdown after a Minneapolis man was fatally shot by a border patrol agent on Saturday. 

Congressional Democrats were already leery of backing funding for the Department of Homeland Security (DHS) in the wake of the agency’s presence in Minnesota and beyond, but the shooting of 37-year-old Alex Pretti during an immigration enforcement operation has shattered what little unity they had on the bill. 

Now, Senate Democrats, led by Senate Minority Leader Chuck Schumer, D-N.Y., plan to vote against the legislation, which is currently included in a broader funding package along with five other spending bills. 

Schumer, in a statement on Saturday, said that Democrats tried to get ‘common sense reforms’ in the DHS funding bill, but charged that ‘because of Republicans’ refusal to stand up to President Trump, the DHS bill is woefully inadequate to rein in the abuses’ of Immigration and Customs Enforcement (ICE).

 ‘I will vote no,’ Schumer said. ‘Senate Democrats will not provide the votes to proceed to the appropriations bill if the DHS funding bill is included.’

Schumer’s play call serves as a blow to Senate Republicans, who worked with their colleagues across the aisle to find compromises in the DHS bill, in particular. It also comes as the deadline to fund the government is rapidly approaching on Friday, Jan. 30. Further complicating matters is the arctic storm ripping across the country, which has already forced the upper chamber to cancel votes on Monday. 

A senior Senate aide told Fox News Digital that Senate Democrats had been for weeks saying that they weren’t interested in shutting the government down again, and had praised the bipartisan nature of the government funding process up until Saturday.

 ‘These bills were negotiated with Dems — they agreed to what’s in them,’ they said.

The agency would be fully funded in the current proposal with several restrictions and reporting requirements that if not met, would act as triggers to turn off certain cash flows. 

Ripping the bill from the current six-bill funding package would cause a domino effect of headaches in Congress, given that any changes to the package would have to go through the House.

The lower chamber is gone until Feb. 2, making the likelihood of a partial shutdown much higher. 

Before the shooting, a handful of Senate Democrats had already made their opposition to the legislation known, including senators Chris Murphy, D-Conn., and Tim Kaine, D-Va.

Kaine, notably, crossed the aisle last year to join a cohort of Senate Democratic caucus members to reopen the government after the longest shutdown in U.S. history.

He was not the only member of that group of eight to voice opposition — senators Catherine Cortez Masto, D-N.V., and Jacky Rosen, D-N.M., both came out against the DHS bill’s inclusion in the broader package on Saturday. 

‘My personal guiding principle has always been ‘agree where you can and fight where you must,’ Rosen said in a statement. ‘And I believe this is a time when we must fight back.’

Meanwhile, House lawmakers are on a week-long recess after passing their latest spending package in two chunks — one standalone vote on DHS funding and another wrapping together funding legislation for the departments of War, Health and Human Services, Labor, Education, Transportation, and Housing and Urban Development — this past Thursday.

A provision was added to the legislation before it passed the House that would combine the bills into one large package for the Senate to consider at once. It was then expected to be paired with other bills the Senate has not yet considered but which passed the House this month.

Changing that ahead of the Jan. 30 shutdown deadline would mean House lawmakers must return to Washington early to go through multiple procedural hurdles and another vote on the legislation — something House GOP leaders are ruling out, at least for now.

‘We passed all 12 bills over to the Senate, and they still have six in their possession that they need to pass to the president,’ a House GOP leadership source told Fox News Digital on Saturday evening, referring to the lower chamber completing its portion of Congress’ annual appropriations process. ‘We have no plan to come back next week.’

Even if House leaders changed their plans, the impending snow storm would mean lawmakers may not return until Tuesday at the earliest. That would put final passage sometime Wednesday or Thursday, virtually guaranteeing Congress does not complete consideration of the bills until after the Friday deadline.

House GOP leaders would also likely be grappling with attendance issues if they did order a return, with various lawmakers on planned trips and over a dozen busy campaigning for higher office.

A partial government shutdown would mean only agencies that Congress has not yet funded would have to reduce or cease functions — in this case, payment to active duty troops, air traffic controllers, and border patrol agents could all be affected.

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Christians in Sudan are daily facing hunger, misery and terror. The new Open Doors World Watch List for 2026, which ranks the worst countries in the world for the persecution of Christians, placed the country at No. 4, up one place from last year’s report. 

There are an estimated 2 million Christians in the conflict-ridden northeastern African country. Sudan’s civil war has raged past the 1,000- day milestone with 150,000 people reported to have been killed and more than 13 million displaced. Christians have lived in Sudan since the late first century.

Many of Sudan’s Christians live in the Nuba Mountains, part of the Kordofan region. Rafat Samir, general secretary of the Sudan Evangelical Alliance, told Fox News Digital that the ‘Nuba Mountains now, where the majority of our church members are  coming from, is under siege and  bombing every day for the last six months or seven months. Last week, after Christmas, they bombed our church, hospital and school.’

Adding to the misery, a report by MEMRI, citing Christian Daily international, said 11 Sudanese Christians were killed, as they took part in a procession to their church for a religious celebration on Christmas Day by a drone operated by the government’s Sudanese Armed Forces. 18 others were injured in the attack. MEMRI reported the SAF are backed by the Muslim Brotherhood.

A State Department spokesperson told Fox News Digital, ‘Since the April 2023 outbreak of conflict in Sudan, we have witnessed significant backsliding in Sudan’s overall respect for fundamental freedoms, including religious freedom. This backsliding especially impacts Sudan’s oppressed ethnic and religious populations, including Christians.’ 

In a Fox News Digital report last year, Christians were said to be eating grass to survive. Samir says the position is even more bleak in 2026: ‘even the grass is gone now.’

‘The conflict is accelerating the erasure of ancient Christian communities and sacred heritage,’ Mariam Wahba, research analyst at the Foundation for Defense of Democracies (FDD), told Fox News Digital. ‘These losses will be far harder to reverse than the rebuilding of roads or ministries once the guns fall silent,’ she said.

Ideologically, Sudan’s Christians face a hostile future, Samir of the Evangelical Alliance said. ‘Both sides in the civil conflict are daughters of the Islamist movement in Sudan, and the Islamic ideology of both of them is to not have tolerance for others. They consider everyone different from them is against them. The Christian is considered their enemy as part of their religious ideology, and opposing them their religious duty.’

He continued, ‘So whoever does something to harm Christians is considered favorable to the law or to Allah.’ Samir went on to say, ‘the country is getting back to the dark ages.’

Repeated and continuing attempts at getting the government’s Sudanese Armed Forces (SAF) and the opposing militia, the Rapid Support Forces (RSF), to reach a ceasefire have failed. Both sides admit they are still fighting and, it’s clear, killing civilians with sustained energy, particularly in the central Sudanese region of Kordofan, home to many Christians.

‘The United States is committed to ending the horrific conflict in Sudan,’ a State Department spokesperson told Fox News Digital, adding, ‘Under President Trump’s leadership, we are working with our allies and others to facilitate a humanitarian truce and bring an end to external military support to the parties which is fueling the violence. President Trump wants peace in Sudan.’     

The spokesperson continued, ‘The suffering of civilians has reached catastrophic levels, with millions lacking food, water and medical care. Every day of continued fighting costs more innocent lives. The war in Sudan is an enduring threat to regional stability.’

The U.N. says fighting is increasing in Kordofan, with U.N. High Commissioner for Human Rights Volker Türk telling reporters in Port Sudan on Jan. 18, ‘I am very worried that the atrocity crimes committed during and after the takeover of El Fasher are at grave risk of repeating themselves in the Kordofan region, where the conflict has been rapidly escalating since late October.’

‘The Kordofan states are extremely volatile,’ he continued, ‘with relentless military engagements, heavy shelling, drone bombardments and airstrikes causing widespread destruction and collapse of essential services.’

Wahba said that ‘while the United States remains kinetically active across neighboring theaters, it is unlikely to wade directly into Sudan’s civil war.’

‘President Trump’, Wahba added, ‘has signaled a clear desire to see the conflict resolved —  an objective echoed by both Egypt and Saudi Arabia — but translating that consensus into outcomes on the ground has proven far more difficult than the rhetoric suggests.’

‘For now,’ Wahba continued, ‘U.S. policy is centered on convening regional stakeholders and pressing for alignment among them, while prioritizing humanitarian corridors, aid delivery and coordination with partners willing to host talks. Washington is acting as a facilitator, not an enforcer.’

‘This posture reflects both constraint and caution. Sudan presents few reliable leverage points, no unified opposition partner, and (there’s) little appetite in Congress or the White House for another open-ended entanglement in a fragmented civil war. The result is a policy that remains fluid and reactive, and is shaped less by strategy than by crisis management,’ she said.

Despite everything, the Sudan Evangelical Alliance’s Samir has hope, ‘The Holy Spirit is moving and God’s hand is working in our country. I can tell you through this evil, this darkness, the light of love of our God is lighting in many hearts. The devil is stealing people to death every day. We pray that let us Christians live for one day more, for one day more to proclaim Jesus’s message.’

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Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (‘Skyharbour’, ‘SYH’ or the ‘Company’) is pleased to announce that it has entered into a definitive repurchase agreement (the ‘Strategic Agreement’) with Denison Mines Corp. (‘Denison’ or ‘DML’) whereby Denison will acquire an initial project interest in Skyharbour’s Russell Lake Uranium Project (‘Russell’ or the ‘Project’) and the parties have agreed to enter into four separate joint venture agreements at closing on various claims making up Russell (the ‘Transaction’). The Project is strategically located in the central portion of the Eastern Athabasca Basin of northern Saskatchewan, with access to regional infrastructure, including an all-weather road and powerline.

Russell Lake Project Location Map:
http://www.skyharbourltd.com/_resources/images/2025-11-14%20SKY-RussellLake-Updated.jpg

Highlights:

  • Strategic Agreement represents combined total project consideration of up to CAD $61.5 million consisting of cash or share payments to Skyharbour totalling up to $21.5 million (including $18.0 million before year end) plus expenditures totalling up to $40.0 million for Denison to acquire between a 20% and 70% ownership interest over seven years in the claims making up Russell, with Skyharbour owning the remaining interests.
  • Denison (TSX: DML; NYSE American: DNN), a leading uranium mining company with a market capitalization of over $3 billion, is developing the Wheeler River Project (‘Wheeler River’), which shares a 55 kilometre border with Russell. Denison is an existing, large corporate shareholder of Skyharbour and now joins the Company as a strategic, active, funding partner at Russell.
  • The Project will be divided into four different joint ventures, including Russell Lake (‘RL’), Getty East, Wheeler North, and the Wheeler River Inlier Claims, of which Skyharbour will retain initial ownership interests of 80%, 70%, 51%, and 30%, respectively. Denison can then earn up to a 70% interest in the Wheeler North and Getty East properties through option agreements.
  • The technical teams of Denison and Skyharbour will work cooperatively to advance and unlock value across the joint ventures, employing top-tier exploration and development expertise in the region.
  • Denison has committed to a minimum of $4 million in exploration expenditures over the first two years at Wheeler North and Getty East combined, as well as agreeing to fund to maintain its pro-rata 20% participation interest in the RL claims through 2029 up until such time that total exploration expenditures on the property reach $10 million.
  • Skyharbour to remain operator with an 80% ownership interest at the RL claims comprising over 53,192 hectares of the original 73,314 hectare Russell Lake Project. The Company will also act as operator during the first earn-in at Getty East with Denison sole funding the exploration in order to fulfill the earn-in option criteria.
  • Skyharbour to benefit with a substantial financial commitment from Denison before year end to help fund its uranium exploration and corporate activities through 2026. The Company will also generate revenue from its operator fee at the McGowan Lake exploration camp at the Project.
  • Skyharbour will continue to directly advance its high-grade Moore Uranium project as well as the RL claims at Russell, while partner companies fund exploration at some of the Company’s other projects.

Jordan Trimble, President and CEO of Skyharbour, stated: ‘This is a transformative transaction for Skyharbour and our shareholders as it represents a major stamp of approval for Russell with up to $61.5 million in combined project consideration coming in. We are very pleased to expand upon our long-standing relationship with Denison and to partner with their team to advance one of the more prospective exploration projects in the Athabasca Basin proximal to existing and developing mines. Denison’s success in exploring, permitting, and developing the neighboring world-class Wheeler River Project will provide considerable insight and experience as we jointly pursue success at Russell. Further, this transaction delivers on our belief that Russell should be treated as multiple different projects due to the abundance of targets and sheer scale of the land package in one of the most prolific uranium exploration corridors in the world. The structure and terms of the Strategic Agreement allow Skyharbour to continue exploring as operator at the majority of the claims at Russell, while participating in the future success that Denison seeks as operator at the Wheeler North and Wheeler River Inlier claims. Furthermore, we will receive a significant amount of cash and Denison shares to help fund our exploration efforts and corporate activities through 2026.’

David Cates, President and CEO of Denison, further commented: ‘As Denison nears receipt of final regulatory approvals for the Phoenix In-Situ Recovery mine proposed for our flagship Wheeler River property, we are also making measured investments in our project pipeline – including our next development assets and high-potential exploration properties. Given its proximity to Wheeler River, Denison has had an interest in adding Russell to our property portfolio for much of my nearly two decades with the Company. This transaction achieves that objective by providing Denison with the opportunity to lead and participate in exploration efforts across four newly created joint ventures, which are designed to drive collaboration between Denison and Skyharbour’s technical teams. We are excited to build on our long-standing relationship with Skyharbour and accelerate the evaluation of this exceptional package of highly prospective ground.’

Reorganization of the Russell Lake Project:
https://www.skyharbourltd.com/_resources/images/Russell-Map-New.jpg

Upon closing of the Strategic Agreement, Denison will earn an initial project interest in each of the four new Russell exploration projects including a 49% interest in the Wheeler North claims, a 20% interest in the RL claims, a 30% interest in the Getty East claims, and a 70% interest in the Wheeler River Inlier claims.

  1. Wheeler North (51% SYH, 49% DML ; subject to additional earn-in options ) : The yellow claims in the map above represent 16,409 hectares over eight claims. The claims host some of the exploration targets located proximal to Wheeler River, including the Grayling and Fork Zones. Upon closing of the Transaction, Denison will have the option to increase its interest in Wheeler North to a 70% interest in these claims and Denison will become the operator of Wheeler North as described in more detail below.
  2. Russell Lake or RL (80% SYH, 20% DML) : The pink claims in the map above represent 53,192 hectares over 16 claims. These claims are located north and west of Skyharbour’s Moore Project and host numerous exploration target areas including Christie Lake, NE Russell, Blue Steel, Taylor Bay, South Russell, and Kowalchuk Lake. In order to maintain its initial interest in RL, Denison has agreed to fund its pro rata share of up to a maximum of C$10.0 million in total project expenditures. Upon the closing of the Transaction, Skyharbour will remain operator of RL.
  3. Wheeler River Inliers (30% SYH, 70% DML) . The blue claims in the map above represent 608 hectares over two claims. These are inlier claims within Denison’s Wheeler River project hosting the West Russell and C-Block exploration target areas. DML will become operator of the Wheeler River Inliers.
  4. Getty East (70% SYH, 30% DML ; subject to additional earn-in options ) . The green claim in the map above representing 3,105 hectares is host to the Little Man Lake exploration prospect. The claim borders Cameco’s Cree Zimmer property which holds its Key Lake operations to the south.  Upon the closing of the Transaction, Skyharbour will remain operator of Getty East; however, Denison will have the option to become the operator and acquire up to a 70% interest in this joint venture as described in more detail below.

Transaction Details:

The consideration payment will consist of a $2 million cash payment immediately upon execution of the Strategic Agreement (the ‘Upfront Payment’), and deferred consideration of $16 million (the ‘Deferred Consideration’) payable on or before December 31 st , 2025.

The Deferred Consideration shall be payable in two tranches, each of which may be paid in cash or shares of Denison at Denison’s election, including $8 million on or before the fifth business day prior to December 21 st , 2025, and another $8 million within 10 days of December 21 st , 2025. Closing of the transaction (‘Closing’) is expected to occur on or before December 21 st , 2025.

The current exploration camp at McGowan Lake on the Project will continue to be operated by Skyharbour and an administrative fee will be payable by Denison to Skyharbour. The claims comprising Russell are subject to various existing underlying royalties to other parties.

The Transaction is subject to customary approvals, including Skyharbour obtaining TSX Venture Exchange approval. The Transaction will be considered a Reviewable Transaction under TSX Venture Exchange policies as David Cates is a director of both Denison and Skyharbour.

Denison Earn-In Options:

The Earn-In Option Agreements grant Denison an option to earn additional interests in Wheeler North and Getty East.

Wheeler North Earn-In Option :

Under the terms of the Wheeler North Earn-In Option Agreement, Denison may acquire up to a 70% interest in Wheeler North. The option agreement contains two (2) phases, as summarized below:

Phase 1: To earn an additional 11% interest in Wheeler North (increasing Denison’s ownership to 60%), Denison must:

  • Incur $10.0 million in exploration expenditures at Wheeler North within 48 months of Closing, of which $2.5 million in exploration expenditures must be completed within 24 months of Closing, and
  • Make a cash payment in the amount of $1.5 million to Skyharbour within 48 months of Closing.

Phase 2: To earn an additional 10% interest (increasing Denison’s ownership to 70%) in Wheeler North, Denison must complete the requirements of Phase 1, plus the following:

  • Incur an additional $15.0 million in exploration expenditures at Wheeler North within 7 years of Closing, and
  • Make a further cash payment in the amount of $2.0 million to Skyharbour within 7 years of Closing.

Getty East Earn-In Option Agreement:

Under the terms of the Getty East Option Agreement, Denison may acquire up to a 70% interest in Getty East. The option agreement contains two (2) phases, as summarized below:

Phase 1: To earn an additional 19% interest in Getty East (increasing Denison’s ownership to 49%), Denison must incur $5.0 million in exploration expenditures at Getty East within 48 months of Closing, of which $1.5 million must be completed within the first 24 months of Closing.

Phase 2: To earn an additional 21% interest in Getty East (increasing Denison’s ownership to 70%), Denison must complete the requirements of Phase 1, plus incur an additional $10 million in exploration expenditures within 7 years of Closing. Upon completion of the Phase 2 earn-in option criteria, Denison will have the option to become the operator in this joint venture.

Russell Lake Uranium Project Overview:

The Russell Lake Project is a large, advanced-stage uranium exploration property totalling 73,314 hectares strategically located between Cameco’s Key Lake and McArthur River Projects, and adjoining Denison’s Wheeler River Project to the west and Skyharbour’s Moore Uranium Project to the east. The northern extension of Highway 914 between Key Lake and McArthur River runs through the western extent of the property and greatly enhances accessibility, while a high-voltage powerline is situated alongside this road.

Skyharbour’s New 80% Owned RL Project:

The claims making up the RL Project constitute over seventy percent of the original Russell project area and will continue to be explored by Skyharbour as the operator and 80% owner. Denison will acquire a 20% interest and has agreed to fund to maintain its pro-rata participation interest in the RL claims through December 31 st , 2029, or until such time that total expenditures on the properties have reached $10 million.

The RL claims have numerous highly prospective targets that Skyharbour will continue to advance. The Christie Lake target area contains basement-hosted uranium mineralization with historical drilling returning 0.17% U 3 O 8 over 0.4 metres at 436.4 metres depth in hole CL-10-03, hosted within a strongly hematized breccia. A prospective clay altered basement fault system runs throughout this area.

The Blue Steel target area comprises graphitic metasediments that were last drilled in 2008. The full extent of the graphitic corridor remains unknown and completely untested. Historical geophysics indicate potential faulting along this corridor, highlighting it as a priority area for follow-up work using modern geophysical methods to refine drill targets.

The Kowalchuk area, situated within the southern Russell claims, is another prospective area on the RL claims, with multiple inferred structural trends passing through it. This area has seen only limited modern geophysical coverage to date.

In addition to the aforementioned target areas, there are many kilometres of untested EM conductors on the RL claims underlain by rocks of low magnetic intensity, suggestive of the presence of prospective graphitic meta-pelitic basement lithologies typical of Athabasca-style uranium systems. With limited modern exploration conducted over the past 12 years, the RL claims remain underexplored and highly prospective for both expanding known mineralized zones and making new discoveries.

Advisors and Counsel:

Haywood Securities Inc. is acting as financial advisor to Skyharbour in connection with the Transaction, and AFG Law LLP and DuMoulin Black LLP are acting as legal counsel to Skyharbour.

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Serdar Donmez, P.Geo., VP of Exploration for Skyharbour as well as a Qualified Person.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with interest in thirty-seven projects covering over 616,000 hectares (over 1.5 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project, which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization in several zones at the Maverick Corridor. Adjacent to the Moore Project is the Russell Lake Uranium Project, which hosts widespread uranium mineralization in drill intercepts over a large property area with exploration upside potential. The Company is actively advancing these projects through exploration and drilling programs.

Skyharbour also has joint ventures with industry leaders Denison Mines, Orano Canada Inc., Azincourt Energy, and Thunderbird Resources at the Russell, Preston, East Preston, and Hook Lake Projects, respectively. The Company also has several active earn-in option partners, including CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the Highway Project; CSE-listed Mustang Energy at the 914W Project; and TSX-V listed Terra Clean Energy at the South Falcon East Project.

In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to potentially over $76 million in partner-funded exploration expenditures and over $42 million in cash and share payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:
http://www.skyharbourltd.com/_resources/images/SKY-SaskProject-Locator-2025-11-14-Updated.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com .

Skyharbour Resources Ltd.

‘Jordan Trimble’

Jordan Trimble
President and CEO

For further information contact myself or:
Nicholas Coltura
Investor Relations Manager
Skyharbour Resources Ltd.
Telephone: 604-558-5847
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This release includes certain statements that may be deemed to be ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including receipt of TSXV approval to the Transaction and the closing of the Transaction. Although management 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 or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, exploration and development successes, regulatory approvals including TSXV approval, and general economic, market or business conditions. Please see the public filings of the Company at www.sedarplus.ca for further information.

 

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Nick Hodge, publisher at Digest Publishing, is most bullish on copper and uranium in 2026, but also believes gold and silver prices have further to go despite recent gains.

‘We are in the middle of a precious metals bull market,’ he said. ‘Silver hasn’t had its day yet, so I think that’s a pretty good indicator that we’ve still got some time to go.’

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

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Gerardo Del Real, co-owner of Digest Publishing, breaks down his portfolio, saying he’s currently bullish on copper, gold, silver and uranium, as well as critical metals.

‘I think this is the golden age of exploration and development in the critical metals space and the precious metals space. So take advantage of the market, folks,’ Del Real said.

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

This post appeared first on investingnews.com