Latest news with #Ainsworth
Yahoo
6 days ago
- Business
- Yahoo
Ala. Lt. Governor announces 12-bill package aimed at supporting veterans, troops was approved during 2025 regular session
ALABAMA (WHNT) — Alabama Lieutenant Governor Will Ainsworth announced Tuesday that a package of bills was approved by the Legislature during the 2025 regular session. The Office of the Lieutenant Governor sent out a news release announcing that a package of 12 bills was approved during the 2025 regular session. The Office said Ainsworth, who chairs the Alabama Military Stability Commission, said the bills 'will help ensure that our state remains the nation's friendliest and most welcoming for active service members, veterans, and their dependents.' In the release, Ainsworth said Alabama was among the first states to pass legislature ensuring 'occupational licensing reciprocity for military dependents, which allows a military spouse who is licensed to practice in a specific job area in another state to also practice locally while stationed in Alabama.' The bills approved created a one-stop Alabama Veterans Resource Center, expanded the use of Veterans Treatment Courts, protected veterans from predatory scams and more. Below is a list of the bills approved and what it would mean for veterans in Alabama: SB70-engrossedDownload SB70 aims to 'establish the Alabama Veterans Resource Center to assist military members entering the private sector with employment services, benefits navigation, education opportunities and mental health services,' the Lt. Governors office said. The bill was signed into law on Feb. 27. It is set to take effect on June 1. You can read the engrossed bill provided to the left. Alabama-2025-SB200-EnrolledDownload SB200 aims to 'expand the use of Veterans Treatment Courts across the state and incorporates Veterans Treatment Courts into a newly established statewide Accountability Court system,' the Lt. Governors office said. This bill was signed into law on April 17. It is set to take effect on October 1 You can read the full text of the bill to the left. Alabama-2025-SB59-Enrolled-enactedDownload SB59 aims to 'allow children/dependents of active duty military personnel to substitute military medical records as evidence of age-appropriate immunization and testing in place of the Blue Card for presentation to a public or private school authority. It also renames the 'drug courts' to the 'accountability courts,'' the Lt. Governors office said. This bill was enacted on March 19. It is set to take effect on July 1. You can read the full text of the bill to the left. Alabama-2025-SB91-EnrolledDownload SB91 aims to 'update the Military Planning Act to further prevent the construction of tall structures near military installations and provides clarification for the approval of construction of tall structures by local governing authorities,' the Lt. Governors office said. It was signed into law on April 16 and is set to take effect on October 1. You can read the full text of the bill to the left. Alabama-2025-SB206-EnrolledDownload SB206 aims to 'adopt federal standards to prevent predatory practices by private entities assisting veterans to obtain their benefits and applies Alabama consumer protection penalties to those who violate federal protections,' the Lt. Governors office said. It was signed into law on May 22 and is set to take effect on October 1. You can read the full text of the bill to the left. HJR22-enrDownload HJR22 aims to 'update the military friendly designation program, the Purple Star Schools Program, to allow private schools to participate in the program,' the Lt. Governors office said. It was signed into law on May 2. You can read the full text of the bill to the left. SB181-enrDownload SB181 aims to 'enroll the state of Alabama in the Respiratory Care Interstate Compact to assist with military spouse occupational license reciprocity,' the Lt. Governors office said. It was signed into law on April 17 and is said to go into effect on October 1. You can read the full text of the bill to the left. Alabama-2025-SB61-EnrolledDownload SB61 aims to 'enroll Alabama in the School Psychology Interstate Compact to assist with military spouse occupational license reciprocity,' the Lt. Governors office said. It was signed into law on April 22 and is said to go into effect on October 1. You can read the full text of the bill to the left. Alabama-2025-SB104-EnrolledDownload SB104 aims to 'updates the membership of the Alabama Military Stability Commission,' the Lt. Governors office said. It was signed into law on April 10 and will take effect on October 1. You can read the full text of the bill to the left. Alabama-2025-HJR66-EnrolledDownload HJR66 aims to 'express the support of the Alabama Legislature for the basing of the KC-46A aircraft at the 117th Air Refueling Wing in Birmingham, AL,' the Lt. Governors office said. It was signed into law on March 3. You can read the full text of the bill to the left. Alabama-2025-SB179-EnrolledDownload SB179 aims to 'make updates to the Alabama Code of Military Justice at the request of the Alabama National Guard,' the Lt. Governors office said. It was signed into law on April 16 and is set to take effect on October 1. You can read the full text of the bill to the left. Alabama-2025-SB198-EnrolledDownload SB198 aims to 'clarify the ability of Judge Advocate Generals to provide legal services to a range of National Guard, civilian, and prior service personnel at the Request of the Alabama National Guard,' the Lt. Governors office said. It was signed into law on April 8 and is set to take effect on October 1. You can read the full text of the bill to the left. 'Since taking office as lieutenant governor seven years ago, we have worked hard to anticipate and meet the needs of the men and women who currently wear a uniform, those who have previously defended the U.S.A., and the family members who love and support them. Passing these bills creates jobs, grows our economy, and protects Alabama's military bases, but, more importantly, it fulfills what I believe is a moral obligation to support soldiers and service members of the past, present, and future.' Alabama Lt. Governor Will Ainsworth Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
21-05-2025
- Business
- Yahoo
District Announces Closing of $6 Million Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that it has closed its non-brokered private placement financing under the Listed Issuer Financing Exemption (as defined below), whereby the Company raised C$6,000,000 through an offering of 22,222,221 common shares in the capital of the Company (the "Shares") at C$0.27 per Share (the "Offering"). The Shares offered under the Offering are not subject to a hold period in accordance with applicable Canadian securities laws. The Company intends to use the net proceeds of the Offering to fund exploration activities on the Company's projects in Sweden, and for general corporate purposes. The Company paid a finder's fee to Pareto Securities AB ("Pareto") of C$299,999.98 in connection with purchasers introduced by Pareto to the Offering. The Company also paid certain expenses of Pareto reasonably incurred in connection with the Offering. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions ("NI 45-106"), the Offering was made pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the "Listed Issuer Financing Exemption") and in reliance on the exemptions in Coordinated Blanket Order 45-935 Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. The securities offered have not, nor will they be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any applicable securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent such registration or an applicable exemption from such registration requirements. This release does not constitute an offer for sale or the solicitation of an offer to buy any of the securities in the United States or to, or for the account or benefit of, a U.S. person. "U.S. person" and "United States" are as defined in Regulation S under the U.S. Securities Act, or elsewhere. Technical Information All scientific and technical information in this news release has been prepared by, or approved by Garrett Ainsworth, President and CEO of the Company. Mr. Ainsworth is a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. About District Metals Corp. District Metals Corp. is led by industry professionals with a track record of success in the mining industry. The Company's mandate is to seek out, explore, and develop prospective mineral properties through a disciplined science-based approach to create shareholder value and benefit other stakeholders. District is a polymetallic exploration and development company focused on the Viken and Tomtebo Properties in Sweden. The Viken Property covers 100% of the Viken Energy Metals Deposit, which contains the largest undeveloped Mineral Resource Estimate of uranium in the world1 along with significant Mineral Resource Estimates of vanadium, molybdenum, nickel, copper, zinc, and other important and critical raw materials. See the Company's news release dated April 29, 2025 for further information with respect to the Mineral Resource Estimate. The advanced exploration stage Tomtebo Property is located in the Bergslagen Mining District of south-central Sweden and is situated between the historical Falun Mine and Boliden's Garpenberg Mine that are located 25 km to the northwest and southeast, respectively. Two historic polymetallic mines and numerous polymetallic showings are located on the Tomtebo Property along an approximate 17 km trend that exhibits similar geology, structure, alteration and VMS/SedEx style mineralization as other significant mines within the district. For further information on the Tomtebo Property, please see the technical report titled "NI 43-101 Update Technical Report on the Tomtebo Project, Bergslagen Region of Sweden" dated effective October 15, 2020 and amended and restated on February 26, 2021, which is available on SEDAR+ at On Behalf of the Board of Directors "Garrett Ainsworth" President and Chief Executive Officer(604) 288-4430 Neither the 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. Information to investors in accordance with the Swedish Act (2023:560) on the Screening of Foreign Direct Investments The Company has made the assessment that the Swedish Act (2023:560) on the Screening of Foreign Direct Investments (the "FDI Act") is applicable to the Company's operations. In the event that acquisition of shares in the Company would entail that an investor after the investment would, directly or indirectly, hold votes corresponding to or exceeding any of the thresholds of 10, 20, 30, 50, 65 or 90 percent of the votes in the Company, the investor must, in accordance with the FDI Act, notify the Swedish National Inspectorate of Strategic Products (the "ISP") of its investment, before the investment is executed. For more information, please refer to the ISP's website, or contact the Company. Important information The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in the Company in any jurisdiction, neither from the Company nor from someone else where such offer would be considered illegal or in conflict with applicable legislation. This press release is not a prospectus for the purposes of Regulation (EU) 2017/1129 of the European parliament and of the council (the "Prospectus Regulation") and has not been approved by any eligible regulatory authority in any jurisdiction. The Company has not authorized any offer to the public of shares or rights in any member state of the EEA and no prospectus has been or will be prepared in connection with the Offering. In each member state of the EEA, this press release is directed only to "qualified investors", in accordance with the definition in the Prospectus Regulation, in each such member state. This announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in the new Shares. Any investment decision in connection with the Offering must be made on the basis of all publicly available information relating to the Company and the Company's shares, which has not been independently verified by Pareto. Pareto is acting for the Company in connection with the Offering and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for giving advice in relation to the Offering or any other matter referred to herein. This press release does not constitute a recommendation for any investors' decisions regarding the Offering. Each potential investor should conduct a self-examination, analysis and evaluation of the business and information described in this press release and any publicly available information regarding the Company and its industry. The price and value of the securities can decrease as well as increase. Achieved results do not provide guidance for future results. The information in this press release is made available only as background information and does claim to be exhaustive. An investor should thus not solely rely on the information in this press release, nor on its accuracy or completeness. Neither the contents of the Company's website nor any other website accessible through hyperlinks on the Company's website are incorporated into or form part of this press release. Cautionary Statement Regarding "Forward-Looking Information" This news release contains certain statements that may be considered "forward-looking information" with respect to the Company within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved" and any similar expressions. In addition, any statements that refer to expectations, predictions, indications, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events. Forward-looking information in this news release relating to the Company include, among other things, statements relating to the Offering including, but not limited to, use of proceeds; the Company's Swedish polymetallic properties; the Company's planned exploration activities, including its drill target strategy and next steps for the Swedish properties; and the Company's interpretations and expectations about the results on the Swedish properties. These statements and other forward-looking information are based on opinions, assumptions and estimates made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that the Company believes are appropriate and reasonable in the circumstances, as of the date of this news release, including, without limitation the reliability of exploration and drill results; reliability of data and the accuracy of publicly reported information regarding current, past and historic mines in the Bergslagen district and in respect of the Swedish properties; that the Swedish government will eventually lift or amend its moratorium on uranium exploration and mining in Sweden; the Company's ability to satisfy the terms of the Company's agreement with Boliden; the Company's ability to raise sufficient capital to fund planned exploration activities, maintain corporate capacity; and stability in financial and capital markets. Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to risks associated with the following: the reliability of historic data on District's properties; the Company's ability to raise sufficient capital to finance planned exploration; that the Swedish government maintains its moratorium on uranium exploration and mining in Sweden for the foreseeable future; the Company's limited operating history; the Company's negative operating cash flow and dependence on third-party financing; the uncertainty of additional funding; the uncertainties associated with early stage exploration activities including general economic, market and business conditions, the regulatory process, failure to obtain necessary permits and approvals, technical issues, potential delays, unexpected events and management's capacity to execute and implement its future plans; the Company's ability to identify any mineral resources and mineral reserves; the substantial expenditures required to establish mineral reserves through drilling and the estimation of mineral reserves or mineral resources; the uncertainty of estimates used to calculated mineralization figures; changes in governmental regulations; compliance with applicable laws and regulations; competition for future resource acquisitions and skilled industry personnel; reliance on key personnel; title matters; conflicts of interest; environmental laws and regulations and associated risks, including climate change legislation; land reclamation requirements; changes in government policies; volatility of the Company's share price; the unlikelihood that shareholders will receive dividends from the Company; potential future acquisitions and joint ventures; infrastructure risks; fluctuations in demand for, and prices of metals; fluctuations in foreign currency exchange rates; legal proceedings and the enforceability of judgments; going concern risk; risks related to the Company's information technology systems and cyber-security risks; and risk related to the outbreak of epidemics or pandemics or other health crises. For additional information regarding these risks, please see the Company's Annual Information Form dated July 11, 2022 for the fiscal year ended June 30, 2021, under the heading "Risk Factors", which is available at These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company. These factors and assumptions, however, should be considered carefully. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of such factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to publicly update or revise such forward-looking information, except as required by applicable securities laws. Information to distributors Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014/65/EU on markets in financial instruments, as amended ("MiFID II"); (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures (together, the "MiFID II Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the shares in the Company have been subject to a product approval process, which has determined that such shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, Distributors should note that: the price of the shares in the Company may decline and investors could lose all or part of their investment; the shares in the Company offer no guaranteed income and no capital protection; and an investment in the shares in the Company is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Offering. For the avoidance of doubt, the Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of MiFID II; or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the shares in the Company. Each distributor is responsible for undertaking its own target market assessment in respect of the shares in the Company and determining appropriate distribution channels. NOT FOR DISTRIBUTION TO THE UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES 1 S&P Global Market Intelligence - Market Intelligence Research. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Alabama Lt. Gov. Will Ainsworth not running for governor in 2026
Lt. Gov. Will Ainsworth speaks to a senator in the Alabama Senate on May 7, 2025 at the Alabama Statehouse in Montgomery, Alabama. Ainsworth announced Wednesday he will not be running for Alabama governor in 2026. (Brian Lyman/Alabama Reflector) Alabama Lt. Gov. Will Ainsworth will not run for governor next year. In a social media post Wednesday morning, Ainsworth said the decision came after prayers and discussions with his family. 'Kendall and I have decided that focusing on our children during their last years in high school and transitioning to the private sector makes the most sense for all of us at this time in our lives,' he wrote. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX Ainsworth, who is term-limited in his current office, said he would campaign for GOP candidates next year. 'I will be on the campaign trail working alongside President Trump to help elect a strong, conservative governor and other Republican elected officials who will keep Alabama moving in the right direction,' he wrote. Though the lieutenant governor's office is relatively powerless, Ainsworth had managed to raise large sums of money over the years from the Big Mules on Goat Hill, taking in $4.8 million between 2017 and today. According to campaign finance records, Progress PAC, the fundraising arm of the Business Council of Alabama, gave Ainsworth over $170,000 from 2017 to 2022. Alabama Forestry PAC gave Ainsworth just over $186,000 during that time; Alabama Power's Employee PAC had given him $152,000. The Alabama Builders Association gave him $150,000. Ainsworth had $1.3 million in his campaign account at the end of January, according to campaign finance records. Ainsworth, 44, was first elected as lieutenant governor in 2018 after serving in the Alabama House of Representatives and re-elected in 2022. His term is set to end on Jan. 18, 2027. The Guntersville resident served one term in the Alabama House before becoming lieutenant governor. Gov. Kay Ivey, who has served in the office since 2017, is term-limited. U.S. Sen. Tommy Tuberville has expressed interest in running for the governor's office. SUPPORT: YOU MAKE OUR WORK POSSIBLE
Yahoo
21-05-2025
- Business
- Yahoo
Lt. Governor Ainsworth not running for Governor in 2026
MONTGOMERY, Ala. (WHNT) — Alabama Lt. Governor Will Ainsworth announced that he will not be entering the race for Governor in 2026. Ainsworth said that he will be taking time away to focus on his family and will be transitioning into the private sector. You can read Lt. Governor Ainsworth full statement below: 'After much prayer and many discussions with my family, friends and supporters, I will not be a candidate for governor during the 2026 election cycle. Kendall and I have decided that focusing on our children during their last years in high school and transitioning to the private sector makes the most sense for all of us at this time in our lives. Serving as Alabama's Lieutenant Governor has been the honor of my lifetime, and in the year-and-a-half remaining in my term, I will continue working night and day to meet the needs, improve the lives, and protect the conservative values of the Alabama citizens I took an oath to serve. When first elected, I promised to the most active, engaged, and hardest working Lieutenant Governor in the history of our state, and I will leave the office secure in the knowledge that I kept my promise. We led the effort to remove the state sales tax on groceries and enacted the largest tax cut in Alabama's history. We championed school choice because we believe parents know what is best for their children. We made our state the nation's friendliest and most welcoming for active service members, veterans, and their dependents. We created a new high school diploma to ensure students are prepared for high-paying, long-lasting 21st Century jobs when they graduate. And we pushed to quickly reopen Alabama and get back to business in the days following the pandemic. My heart is deeply rooted in Alabama, my passion is in helping people, and neither of those truths will ever change. Even when I leave elected office, I will still get up every day with a drive to help Alabama grow. While my name will not be on the ballot for governor in 2026, I will be on the campaign trail working alongside President Trump to help elect a strong, conservative governor and other Republican elected officials who will keep Alabama moving in the right direction. I am grateful for your support and prayers over the years, and I will always remember the trust the people of Alabama put in me. We will continue giving back to this wonderful state that has given us so much. As I have said many times – 'You are given only one life to make a difference, so you better make a difference while you are here.' Lt. Governor Will Ainsworth This is a developing story.. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
21-05-2025
- Business
- Yahoo
Lt. Governor Ainsworth not entering 2026 governor's race
MONTGOMERY, Ala. (WIAT) — Lieutenant Governor Will Ainsworth announced he will not enter the race for governor Wednesday. In a statement released exclusively to CBS 42 News, Ainsworth said he will instead focus on his children for their last years in high school and move into the private sector once his term as lieutenant governor comes to a close. Ainsworth's full statement can be read below: After much prayer and many discussions with my family, friends and supporters, I will not be a candidate for governor during the 2026 election cycle. Kendall and I have decided that focusing on our children during their last years in high school and transitioning to the private sector makes the most sense for all of us at this time in our lives. Serving as Alabama's Lieutenant Governor has been the honor of my lifetime, and in the year-and-a-half remaining in my term, I will continue working night and day to meet the needs, improve the lives, and protect the conservative values of the Alabama citizens I took an oath to serve. When first elected, I promised to the most active, engaged, and hardest working Lieutenant Governor in the history of our state, and I will leave the office secure in the knowledge that I kept my promise. We led the effort to remove the state sales tax on groceries and enacted the largest tax cut in Alabama's history. We championed school choice because we believe parents know what is best for their children. We made our state the nation's friendliest and most welcoming for active service members, veterans, and their dependents. We created a new high school diploma to ensure students are prepared for high-paying, long-lasting 21st Century jobs when they graduate. And we pushed to quickly reopen Alabama and get back to business in the days following the pandemic. My heart is deeply rooted in Alabama, my passion is in helping people, and neither of those truths will ever change. Even when I leave elected office, I will still get up every day with a drive to help Alabama grow. While my name will not be on the ballot for governor in 2026, I will be on the campaign trail working alongside President Trump to help elect a strong, conservative governor and other Republican elected officials who will keep Alabama moving in the right direction. I am grateful for your support and prayers over the years, and I will always remember the trust the people of Alabama put in me. We will continue giving back to this wonderful state that has given us so much. As I have said many times – 'You are given only one life to make a difference, so you better make a difference while you are here.' Lt. Gov. Ainsworth This is a developing story and will be updated. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
