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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) announces that it has revised the terms of its previously announced non-brokered private placement (the ‘Offering’). The Company will now offer up to 7,500,000 units (each, an ‘AI Unit’) at a price of $0.20 per AI Unit for gross proceeds of up to $1,500,000 pursuant to the accredited investor exemption (the ‘Accredited Investor Exemption’) under Section 2.3 of National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106’). In addition, the Company will also offer up to 11,111,112 units (each, a ‘LIFE Unit’) at a price of $0.18 per LIFE Unit for gross proceeds of up to $2,000,000 pursuant to the listed issuer financing exemption under Part 5A of NI- 45-106 (the ‘Listed Issuer Financing Exemption’).

Each AI Unit will consist of one common share of the Company (each, a ‘Share‘) and one-half-of-one share purchase warrant (each whole warrant, an ‘AI Warrant‘). Each AI Warrant will entitle the holder to acquire an additional common share of the Company at a price of $0.30 for a period of twenty-four months following closing of the Offering, subject to accelerated expiry in the event the closing price of the Shares is $0.50 or higher for ten consecutive trading days.

Each LIFE Unit will consist of one Share and one-half-of-one share purchase warrant (each whole warrant, an ‘LIFE Warrant‘). Each LIFE Warrant will entitle the holder to acquire an additional common share of the Company at a price of $0.24 for a period of twenty-four months following closing of the Offering.

The Company expects to utilize the proceeds of the Offering for advancement of ongoing exploration and drill work at the La Union Gold and Silver Project, upcoming exploration work at the North Island Copper Property, and for general working capital purposes. The Company anticipates that UK-based institutional investor, Sorbie Bornholm LP, will participate in a portion of the Offering.

There is an offering document related to the Offering that will be made available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at: www.questcorpmining.ca. Prospective investors should read this offering document before making an investment decision.

In connection with completion of the Offering, the Company will pay finders’ fees to eligible third-parties who have introduced subscribers to the Offering. All securities issued in connection with the Accredited Investor Exemption will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. All securities issued in connection with the Listed Issuer Financing Exemption will not be subject to a hold period. Completion of the Offering remains subject to receipt of regulatory approvals.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.

Saf Dhillon, President & CEO

Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to 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: the ability of Riverside to secure geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269182

News Provided by Newsfile via QuoteMedia

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President Donald Trump made a social media post about Hamas on Sunday evening, minutes before the deadline for a peace proposal passed.

The deadline was 6 p.m. ET Sunday. In a message on Truth Social, Trump wrote that there had been ‘very positive discussions with Hamas, and Countries from all over the World (Arab, Muslim, and everyone else) this weekend, to release the Hostages, end the War in Gaza but, more importantly, finally have long sought PEACE in the Middle East.’

‘These talks have been very successful, and proceeding rapidly,’ Trump said. ‘The technical teams will again meet Monday, in Egypt, to work through and clarify the final details.’

The president added that the first phase of the peace plan ‘should be completed this week.’

‘I am asking everyone to MOVE FAST,’ Trump emphasized. ‘I will continue to monitor this Centuries old ‘conflict.’’

Trump added, ‘TIME IS OF THE ESSENCE OR, MASSIVE BLOODSHED WILL FOLLOW — SOMETHING THAT NOBODY WANTS TO SEE!’

Trump previously announced the deadline in an Oct. 3 post on Truth Social, delivering an ominous warning to Hamas about accepting the deal.

‘If this LAST CHANCE agreement is not reached, all HELL, like no one has ever seen before, will break out against Hamas,’ Trump wrote. ‘THERE WILL BE PEACE IN THE MIDDLE EAST ONE WAY OR THE OTHER. Thank you for your attention to this matter!’

The peace proposal was unveiled by Trump in late September.

The plan calls for an end to Israel’s military operations, the disarmament of Hamas and the reconstruction of the Gaza Strip under a Palestinian governing body overseen by a U.S.-led international coalition.

Israeli  Prime Minister Benjamin Netanyahu’s reportedly agreed to the 20-point plan, per Reuters.

Fox News Digital’s Caitlin McFall and Bonny Chu contributed to this report.

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Democratic Sen. John Fetterman of Pennsylvania, a staunch and unflinching Israel supporter, wants Hamas to accept the peace deal President Donald Trump is aiming to help broker, and is calling out pro-Palestinian protesters for not demanding that Hamas agree to the peace deal.

‘Good morning to everyone except all the protesters who aren’t protesting for Hamas to accept the peace deal,’ the senator declared in a Sunday post on X.

In a post on Friday, Fetterman shared a screenshot of a Mediaite headline that read, ‘CNN’s Dana Bash Wonders Why Pro-Palestine Movement Isn’t Pressuring Hamas to Accept Trump Deal’ — in his post, the senator commented, ‘For those protesters: Hamas > Peace,’ adding, ‘No flotilla, blocking a highway or disrupting public events demanding Hamas to take the peace deal.’

Israel went to war against Hamas in response to the heinous October 7, 2023, attack in which terrorists committed atrocities including mass murder, rape, and kidnapping. But Trump posted a statement on Truth Social last week in which Hamas declared willingness to negotiate a deal including the release of all hostages, dead and alive.

‘Hamas must choose peace or its own destruction. Send the hostages home, now. As an unapologetic supporter of Israel, the Gaza War must end to have peace and security for Israel and Palestinians. Politics aside, credit to @POTUS’ peace plan to get to this encouraging point,’ Fetterman noted in a Friday post on X, sharing a screenshot of a Reuters headline that said, ‘Hamas says it agrees to release all Israeli hostages under Trump Gaza plan.’

Trump indicated in a Sunday evening Truth Social post, ‘There have been very positive discussions with Hamas, and Countries from all over the World (Arab, Muslim, and everyone else) this weekend, to release the Hostages, end the War in Gaza but, more importantly, finally have long sought PEACE in the Middle East.’  

Later in the post, he warned, ‘TIME IS OF THE ESSENCE OR, MASSIVE BLOODSHED WILL FOLLOW — SOMETHING THAT NOBODY WANTS TO SEE!’

Fetterman accused the Democratic Party of an ‘ongoing and escalating betrayal of Israel,’ in a post on X last month.

Sharing a screenshot of a headline from The Hill that read, ‘Pair of Senate Democrats charge Israel with ‘ethnic cleansing’ of Palestinians,’ Fetterman firmly pushed back.

‘I reject this in the strongest terms. My party’s ongoing and escalating betrayal of Israel is gross and outrageous,’ he asserted.

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A growing number of lawmakers on both sides of the aisle have declared they’re forgoing their paychecks as the government shutdown drags on.

The federal government has been shut down for nearly a week after Senate Democrats rejected Republicans’ plan to fund agencies through Nov. 21 multiple times.

Reps. Chip Roy, R-Texas, Ashley Hinson, R-Iowa, Tom Barrett, R-Mich., Mariannette Miller-Meeks, R-Iowa, and Rob Bresnahan, R-Pa., are among the Republicans who wrote to the Chief Administrative Officer of the U.S. House of Representatives asking for their pay to be withheld during a shutdown.

Democrats like Reps. Josh Gottheimer, D-N.J., and Lou Correa, D-Calif., have requested the same.

But lawmakers requesting their pay be withheld cannot forgo it altogether, because federal law requires them to be paid.

Article I of the Constitution states, ‘The Senators and Representatives shall receive a Compensation for their Services, to be ascertained by Law, and paid out of the Treasury of the United States.’

Further, the 27th Amendment prevents any changes to congressional pay until after the next election.

Most House and Senate lawmakers are paid $174,000 yearly — a figure that has not changed since 2009 — while members of congressional leadership can earn more.

A source familiar with the matter told Fox News Digital that members of Congress can elect to have their pay withheld until a shutdown is over, but they must receive that as backpay when the government is funded again.

Meanwhile, Rep. Joe Morelle, D-N.Y., the top Democrat on the Committee for House Administration, told Bloomberg Government last week that those checks can go into an account separate from lawmakers’ usual salaries. He told the outlet, ‘It’s an administrative way of withholding pay for people who choose to.’

Congressional staffers, meanwhile, automatically miss paychecks if their pay period falls during a government shutdown — but that is also backpaid when the shutdown ends.

Some lawmakers, like Sens. Ashley Moody, R-Fla., and Lindsey Graham, R-S.C., have announced they would donate their paychecks for the duration of the shutdown.

‘Each day the government remains closed, I will be donating my salary to the Crisis Center of Tampa Bay, which provides help to vulnerable populations who may be impacted by this reckless choice,’ Moody said in a statement last week.

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U.S. ambassador to the United Nations Mike Waltz said he believes President Donald Trump’s new Gaza peace plan could represent a ‘once-in-a-generation opportunity for Middle East peace.’

On Monday, Trump released his Gaza peace plan, which Israel agreed to. Despite U.S. criticism of the U.N.’s actions in Gaza, the plan relies on the international body’s assistance. When asked how this would work, Waltz said that the U.S., while working with the U.N. in Gaza, will ‘continue to call it out’ and will ‘demand reforms.’

In an interview with Fox News Digital, Waltz highlighted a key issue with the U.N.: aid delivery in Gaza. The U.N.’s numbers show that nearly 90% of its aid trucks were intercepted by armed groups or crowds of hungry people between May 19 and Aug. 5. The U.S. has pointed to Hamas as the main culprit, saying operatives of the terrorist organization steal the aid to make money by selling it.

‘We can’t have a situation where U.N. agencies — the U.S. pays for about a quarter of their costs — are actually delivering aid in a way that Hamas takes it over. Hamas uses it to make money reselling it on the black market,’ Waltz told Fox News Digital.

The U.S.- and Israel-backed Gaza Humanitarian Foundation, which has been heavily criticized by the U.N., said on Friday that it had delivered more than 178 million meals since starting its operation in May.

Waltz hit the ground running after his appointment to the role on Sept. 19, just days before the international body held its ‘High-level Week.’ During that week, leaders from around the world, including Trump, addressed fellow member states in New York City.

Trump has made it clear that his goal is to be a peacemaker, something Waltz emphasized during his sit-down with Fox News Digital. However, that doesn’t mean he isn’t bringing his own experience to the role.

‘Green Berets are called ‘warrior diplomats.’ We often have a big stick behind us,’ Waltz, who was the first Green Beret elected to Congress, told Fox News Digital.

He compared this ethos to Trump’s handling of Iran over the summer.

‘He gave them opportunity after opportunity to walk away from a weaponized nuclear program, to handover their enriched materials, to engage in diplomacy and when they didn’t, our amazing B-2s went and took it out,’ he said.

Waltz said he was looking to follow Trump and Secretary of State Marco Rubio’s visions to carry out America First policies and ‘make the U.N. great again.’ He said the institution had moved away from its roots and was not acting as a place where everyone from around the world could work out issues, but the U.S. is looking to bring that back.

The other major priority for the U.S. at the U.N., according to Waltz, is to get rid of ‘the bloat.’

‘Like any bureaucracy over 80 years, it has gotten too big, too bureaucratic, and therefore less effective. So I’m not going to say that we’re going to pull the DOGE up here, but we definitely need to make some cuts,’ he told Fox News Digital.

Waltz pointed to a recent vote on Haiti as an example of the U.S. working to achieve results at the U.N. As a former congressman from Florida, he noted that the lawlessness in Haiti has spilled onto U.S. shores. However, Waltz believes the U.N.-backed gang-suppression force will restore law and order, without making the U.S. foot the bill.

‘In line with what the president has demanded, we’re going to share the burden,’ Waltz said. ‘Other countries are involved. Kenya has taken the lead, El Salvador is taking a key role. Other countries are paying for it. It’s not just all on the United States’ shoulders.’

Waltz acknowledged Americans’ skepticism about the U.N., but he argued that it’s essential for the world’s leaders to meet on U.S. soil, and for Washington to remain at the table. He also pointed to the growing influence of international bodies on the American economy through regulation.

‘There’s all these international bodies that can directly affect our economy and our way of life that touch aviation and how we fly around the world, space, telecommunications, radio, data,’ he said. ‘And just as we fight for deregulation in our own federal government, we certainly don’t want global overregulation on many of our industries.’

Waltz stressed that staying engaged globally is critical to protecting U.S. interests and preventing bad actors from filling the void.

‘We have to say engaged, I think, to fight for the values that we hold dear. And if anything, this president is a fighter. We’re going to keep fighting for our way of life,’ Waltz said.

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The FBI says two men have been indicted in connection with an alleged money-laundering scheme tied to Venezuelan dictator Nicolás Maduro’s children.

The indictments come after a years-long investigation that dates back to 2019 when the FBI’s Miami Field Office launched the probe based on indications that Arick Komarczyk opened U.S. bank accounts for Maduro’s children and their U.S.-based associates. Suspicious Activity Reports allegedly showed that Komarczyk received wire transfers from individuals and businesses in Venezuela, according to the FBI.

An undercover operation in 2022 revealed that Komarczyk and his associate, Irazmar Carbajal, agreed to move $100,000 of what the FBI believed to be sanctioned money belonging to members of Venezuela’s government. The FBI said the men moved about $25,000 into the U.S.

The bureau noted that when confronted about the situation, Kormarczyk was not alarmed, rather he called it ‘sexy business.’

FBI Director Kash Patel said money-laundering schemes linked to Maduro were ‘criminal lifelines’ for his regime.

‘Nicolás Maduro is not just another corrupt strongman, he is an indicted narcoterrorist dictator with a $50 million bounty on his head from the United States Department of Justice,’ Patel said in an exclusive statement to Fox News Digital. ‘His regime’s laundering schemes are nothing more than criminal lifelines for a failing dictatorship, and under my leadership, this FBI will continue to choke off every dollar, every account, and every enabler. America will never be a safe haven for Maduro’s blood money.’

On Sept. 25, both Kormarczyk and Carbajal were indicted in Florida. Kormarczyk was indicted on charges of money laundering and conspiracy to commit unlicensed money transmitting, while Carbajal was indicted for conspiracy to commit unlicensed money transmitting.

Carbajal traveled from his home country of Uruguay to the Dominican Republic, but he was deported on Oct. 2. The deportation flight made a layover in the U.S., where Carbajal was arrested, the FBI said. Meanwhile, Komarczyk is believed to be living in Venezuela, according to the bureau.

‘The Maduro regime’s alleged efforts to attempt evasion and conduct money laundering in the United States through third-party individuals will not go unchecked,’ FBI Miami Special Agent in Charge Brett Skiles said in an exclusive statement to Fox News Digital.

‘Komarczyk and Carbajal’s indictments should demonstrate the FBI’s commitment to investigating alleged international money laundering involving [Office of Foreign Assets Control] sanctioned governments and individuals,’ Skiles added. ‘The United States and our financial institutions will never be a safe haven for international corruption and money laundering, particularly for those countries which pose significant risks to our national interests.’

The U.S. does not recognize Maduro as a legitimate leader and the Department of Justice has an active reward for information leading to his arrest and/or conviction.

Patel’s remarks echoed the Trump administration’s condemnation of the Maduro regime.

In July, on the one-year anniversary of an election in which Maduro declared himself the winner, Secretary of State Marco Rubio issued a statement expressing solidarity with the people of Venezuela. He vowed the United States would continue working with its partners ‘to hold accountable the corrupt, criminal and illegitimate Maduro regime.’

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The government shutdown costs taxpayers $400 million every day to pay federal employees who are not actively working, totaling $1.2 billion as of Friday, Congressional Budget Office (CBO) data published by Sen. Joni Ernst’s, R-Iowa, office estimates. 

‘Schumer’s Shutdown Shenanigans mean taxpayers will be on the hook for another $400 million today to pay 750,000 non-essential bureaucrats NOT to work,’ Ernst said in comment to Fox News Digital Friday. 

‘Democrats’ political stunt to fight for taxpayer-funded healthcare for illegal immigrants has officially become a billion-dollar boondoggle,’ she added. ‘Enough has to be enough for the radical left. We must reopen the government and get Washington back to work serving veterans, families, and hardworking Americans.’ 

A law passed in 2019 requires furloughed employees receive backpay after a funding agreement is reached and a shutdown ends. The CBO found that the furloughed employees’ daily cost of compensation sits at about $400 million, or a total of $1.2 billion as of Friday. 

‘Using information from the agencies’ contingency plans and the Office of Personnel Management (OPM), CBO estimates that under a lapse in discretionary funding for fiscal year 2026 about 750,000 employees could be furloughed each day; the total daily cost of their compensation would be roughly $400 million,’ a letter from the Congressional Budget Office to Ernst stated Tuesday. The data was released after the Iowa Republican requested CBO provide a data cost breakdown of the shutdown in September as the deadline clock ran out. 

The CBO data largely was based on statistics from a five-week partial shutdown that ran from Dec. 22, 2018, until Jan. 25, 2019, under the first Trump administration, the office noted in its letter to Ernst.

The letter added that the number of furloughed federal employees, which is currently estimated to sit at about 750,000 staffers, could vary by the day ‘because some agencies might furlough more employees the longer a shutdown persists and others might recall some initially furloughed employees.’ 

The government shut down early Wednesday morning after Senate lawmakers failed to reach a budget agreement. House lawmakers had approved a short-term extension of fiscal year 2025 funding earlier in September that aimed to keep the government funded through Nov. 21. 

The Trump administration and Republicans have since pinned blame for the shutdown on Democrats, claiming they sought taxpayer-funded medical benefits for illegal immigrants. Democrats have denied they want to fund healthcare for illegal immigrants, and instead have blamed Republicans for the shutdown.

Fox News Digital reached out to Schumer’s office for comment on the CBO data and Ernst’s remarks but did not immediately receive a reply. 

White House spokesman Kush Desai slammed Democrats as ‘not serious people’ when asked about the CBO data Friday morning. 

‘Democrats are burning $400 million a day to pay federal workers not to work because they want to spend $200 billion on free health care for illegal aliens,’ Desai told Fox News Digital. ‘These are not serious people.’ 

Trump repeatedly has said he did not want a shutdown to unfold, but noted Tuesday as the clock ran out that some ‘good’ could come from it. 

‘A lot of good can come down from shutdowns,’ he told reporters. ‘We can get rid of a lot of things that we didn’t want, and they’d be Democrat things. But they want open borders. They want men playing in women’s sports. They want transgender for everybody. They never stop. They don’t learn. We won an election in a landslide.’ 

The administration is expected to lay off federal employees across various agencies amid the shutdown, with Trump meeting Office of Management and Budget chief Russell Vought Thursday to map out which departments and programs to target for cuts. 

White House press secretary Karoline Leavitt told reporters Thursday that ‘thousands’ of employees will likely be laid off. 

‘Look, it’s likely going to be in the thousands,’ Leavitt said. ‘It’s a very good question. And that’s something that the Office of Management and Budget and the entire team at the White House here, again, is unfortunately having to work on today.’ 

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House Speaker Mike Johnson, R-La., said Republicans are winning the messaging war over the ongoing government shutdown and urged his conference to keep the heat on congressional Democrats during a private call with lawmakers on Saturday.

The call came on the fourth day of the shutdown, a day after Senate Democrats again rejected a GOP-led plan to keep federal agencies funded through Nov. 21.

During the call, Johnson and other House GOP leaders urged fellow Republicans to use this next week in their districts to tell constituents about what the ongoing shutdown means for them, Fox News Digital was told.

The House speaker expressed confidence that the shutdown would end quickly if Republicans ‘hold the line,’ Fox News Digital was told, and praised the House GOP’s unity so far amid the fallout.

Johnson also told Republicans toward the end of the call that the House would return only after Senate Democrats voted to reopen the government, a source said.

House and Senate GOP leaders have signaled that they will not budge from their current federal funding proposal, a short-term spending bill called a continuing resolution (CR) that would keep spending levels roughly flat for seven weeks.

That measure passed the House — largely along party lines — on Sept. 19. The House has since been out of session in a bid to put pressure on Senate Democrats to accept the plan.

It is also why Johnson opted on Friday to designate the next week as a district work period, canceling a previously planned legislative session from Tuesday through Friday.

Johnson told House Republicans on the Saturday call that it was the best way to prevent ‘Democrat disruptions,’ Fox News Digital was told. 

No Republicans voiced disagreement with the plan, Fox News Digital was told, signaling the GOP’s unity on the issue.

He told reporters during a press conference Friday morning that the House may not return until Senate Majority Leader Chuck Schumer, D-N.Y., and Democrats agreed with Republicans’ bill.

‘We passed it, and it’s been rejected by the Senate,’ Johnson told reporters during a news conference. ‘So the House will come back into session and do its work as soon as Chuck Schumer allows us to reopen the government. That’s plain and simple.’

Democrats, who were infuriated by being sidelined in the federal funding negotiations, have been pushing for an extension of Obamacare subsidies enhanced during the COVID-19 pandemic. Those enhancements would expire by the end of 2025 without congressional action.

Democrats have also introduced a counter-proposal for a CR that would keep the government funded through Oct. 31 while reversing the GOP’s cuts to Medicaid made in their ‘One Big, Beautiful Bill’ (OBBB).

The counter-proposal would have also restored federal funding to NPR and PBS that was cut by the Trump administration earlier this year.

Republicans have panned that plan as a non-starter full of partisan demands, while pointing out that Democrats have voted for a ‘clean’ measure similar to the GOP proposal 13 times during former President Biden’s time in office.

On the Saturday call, House GOP leaders encouraged Republicans to emphasize that Democrats’ counter-proposal would restore funding for illegal immigrants receiving Medicaid dollars that was cut by the so-called Big, Beautiful Bill, Fox News Digital was told.

Democrats have accused Republicans of lying about that line of attack.

GOP leaders also emphasized on the call that military members are not paid during government shutdowns, urging Republicans to make that point in their districts, while also warning that federal flood insurance funding is also in danger of drying up.

Fox News Digital was also told that House Majority Leader Steve Scalise, R-La., said the next important date in the shutdown fight would be Oct. 15, the date of servicemembers’ next paycheck — which they could miss if the shutdown is ongoing.

Senate Democrats have now rejected the GOP’s funding plan four times since Sept. 19. The Senate is expected to next vote on the bill again on Monday.

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President Donald Trump on Saturday announced Israel has agreed to the ‘initial withdrawal line’ in Gaza, which the U.S. has shared with Hamas.

Pending Hamas confirmation, the agreement will trigger an immediate ceasefire and exchange of Israeli hostages and Palestinian prisoners.

‘After negotiations, Israel has agreed to the initial withdrawal line, which we have shown to, and shared with, Hamas. When Hamas confirms, the Ceasefire will be IMMEDIATELY effective, the Hostages and Prisoner Exchange will begin, and we will create the conditions for the next phase of withdrawal, which will bring us close to the end of this 3,000 YEAR CATASTROPHE,’ Trump wrote in a Truth Social post Saturday. ‘Thank you for your attention to this matter and, STAY TUNED!’

The announcement comes hours after Israeli Prime Minister Benjamin Netanyahu released a statement Saturday morning noting they were ‘on the verge of a very great achievement.’

‘It is not yet final; we are working on it diligently, and I hope, with God’s help, that in the coming days, during the Sukkot holiday, I will be able to inform you about the return of all our hostages, both living and deceased, in one phase, while the IDF remains deep within the Strip and in the controlling areas within it,’ Netanyahu said.

Netanyahu claimed that after intense military and diplomatic pressure, Hamas was pressured into agreeing to Israel’s proposed plan — rejecting the fact that Hamas had previously been ready to release the Israeli hostages without a full withdrawal from Gaza.

In the first stage of the withdrawal plan, he said Hamas will release all Israeli hostages while the IDF redeploys but maintains control over key strategic areas deep inside the Gaza Strip.

Netanyahu will send his negotiating team, headed by Minister Ron Dermer, to Egypt to finalize the technical details of the hostage release, which he expects to conclude within a few days. 

The prime minister emphasized that both Israel and the U.S. intend to prevent any stalling or delay tactics by Hamas. 

In the second stage of the plan, Netanyahu said Hamas will be disarmed and the Gaza strip demilitarized—either through diplomatic means under the Trump Plan or, if necessary, by military force. 

‘I also said this in Washington: Either it will be achieved the easy way, or it will be achieved the hard way—but it will be achieved,’ he said. 

‘Together, we pushed back our enemies’ plans of destruction. From Gaza to Rafah, from Beirut to Damascus, from Yemen to Tehran, together we have achieved great things,’ Netanyahu added. ‘From victory to victory—we are changing the face of the Middle East together. Together we will continue to act to ensure the eternity of Israel.’

Netanyahu thanked Trump for his assistance in dispatching the B2 planes to bomb the nuclear facility in Fordo, and for his ‘steadfast support.’

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The silver price kept surging on Friday (October 3), breaking US$48 per ounce.

The white metal last reached this level in 2011, the same year it nearly hit US$50 for only the second time in history. Silver’s first run to the US$50 level came in 1980, when the Hunt brothers attempted to corner the market.

Silver price chart, December 31, 2024, to October 3, 2025.

Known for lagging behind gold before outperforming, silver is now ahead of its sister metal in terms of percentage gains — it’s up close to 60 percent year-to-date, while gold has risen around 47 percent.

Still, silver remains below its all-time high, while gold continues to set new records — it’s been closing in on US$3,900 per ounce this week, buoyed by the US government shutdown.

Gold is also seeing underlying support from strong central bank buying, global geopolitical uncertainty, concerns about the US dollar and other fiat currencies and expectations of lower interest rates.

Silver acts as both a precious and industrial metal, meaning that it’s driven by many of the same factors as gold, but also has additional sources of demand. According to the Silver Institute, industrial demand for silver reached a record 680.5 million ounces in 2024, driven by usage in grid infrastructure, vehicle electrification and photovoltaics.

Total silver demand was down 3 percent year-on-year in 2024, but still exceeded supply for the fourth year in a row, resulting in a deficit of 148.9 million ounces for the year.

Watch five experts share their thoughts on the outlook for silver.

As silver gets closer to surpassing its all-time high, investors are wondering about its long-term prospects.

While many experts have lofty expectations for silver, including triple-digit price predictions, there’s a broad consensus that the white metal may correct before continuing on upward.

However, there’s also recognition that silver’s situation today is different than it was previously.

‘If you have something happen with the supply, and then on top of that at some point you’re running into issues with debt loads and currencies, that would certainly leave us probably into a much different environment for silver than either 1980 or 2011,’ said Chris Marcus, founder of Arcadia Economics.

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

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