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SAGA Metals Completes Strategic Infrastructure Upgrades in Preparation for Major Drill Program at the 100% Owned Radar Titanium Property in Labrador, Canada

 

Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company focused on critical mineral discovery, is pleased to announce SAGA’s team has completed the 4 km access trail along the core of the Trapper zone providing necessary access for future drill programs and exploration activities. The access trail is located to run along the surface trend of extensive outcropping and sub-cropping oxide layers. In addition, a 25-tonne excavator from Gladiator drilling has opened 3 trenches across the two significant aeromagnetic anomalies of the Trapper zone, exposing a total of 504m 2 (5,425ft 2 ) of semi-massive to massive vanadiferous titanomagnetite (‘VTM’) mineralization.

 

 

 

   Figure     1     :    Radar Pro   ject’s Trapper Zone depicting two aeromagnetic anomalies and the trend of the inferred oxide layering. The Trapper trail will support a new diamond drilling program.   SAGA has demonstrated    the reliability of the regional airborne magnetic surveys after ground-truthing and drilling    in the 2024 and 2025 field programs.  

 

Located just 10 km from Cartwright, Labrador, the 24,175-hectare Radar Titanium Project is supported by existing infrastructure, including road access, a deep-water port, an airstrip, and nearby hydroelectric power. The property completely encompasses the Dykes River Intrusive Complex, a previously underexplored layered mafic body.

 

With a large oxide layering thickness, a near-monomineralic Vanadiferous Titanomagnetite (VTM) composition, and extensive mineral tenures, the Radar Titanium Project shows the potential to become a globally significant VTM project.

 

 

 

   Figure 2:    Radar Property map, depicting aeromagnetic anomalies, oxide layering and the site of the 2025 drill program. The Property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is shown. SAGA has demonstrated    the reliability of the regional airborne magnetic surveys after ground-truthing and drilling    in the 2024 and 2025 field programs.  

 

  2025 Summer Field Program – Road Maintenance, Trail Access, Trenching and Geophysics  

 

The 2025 summer field program marked a critical phase in advancing the exploration efficiency and cost-effectiveness of future drill programs and exploration activities in the western portion of the property, including the highly prospective Trapper zone. Key components of this program include:

 

  1. Maintenance of the forestry road

    2.  

  2. Construction of the drill rig compatible access trail across the Trapper zone

    3.  

  3. Trenching in the Trapper and Hawkeye zones

    4.  

  4. Ground-based magnetometer surveys over the two major anomalies in the Trapper zone

    5.  

  1.   Forestry Road Maintenance:  

    2.  

The first step for the team was to perform maintenance on the Cartwright Forest Service road, which had not seen regular clearing for the last few decades. This work included:

 

  •   Objective: Clear overgrown sections of the existing forestry road to enable access for trucks and heavy equipment to reach the laydown area. This road is essential for allowing the team proper access to the west of the property claims, and includes an equipment lay-down area and an access trail into the Trapper Zone.

    •  

  •   Work: Brush-cutting and removal with heavy equipment.

    •  

  •   Equipment: Brush-saws, Chain-saws, 6-tonne excavator, 25-tonne excavator.

    •  

  •   Outcome: The 4.2 km of refurbished track now provides reliable access to the lay-down area, enhancing logistical efficiency for the Trapper zone trail building.

    •  

 

 

   Figure 3.1:    Completed maintenance on the Cartwright Forest Service Road  

 

 

 

   Figure 3.2:    Start of the Trapper Zone Trail, viewed from the lay down along the Cartwright Forest Service Road  

 

2. Trapper Trail Construction:  

 

The next phase of infrastructure development aimed to upgrade the pre-existing snowmobile/ATV trail into a drill rig-compatible trail, which gains access to the heart of the Trapper zone and extends past the two major anomalies. This work included:

 

  •   Facilitate Access: Provide direct trail access into the Trapper Zone on the western extent of the 20 km aerial oxide layer of the Dykes River Intrusion, connecting the eastern Hawkeye Zone to the western Trapper Zone.

    •  

  •   Support Drilling Operations: Enable efficient mobilization of diamond drilling equipment to high-priority targets identified through geophysical surveys within the Trapper zone.

    •  

  •   Enhance Cost Efficiency: Reduce logistical costs for future exploration campaigns by leveraging existing infrastructure and minimizing reliance on helicopter support.

    •  

  •   Ensure Sustainability: Minimize environmental impact through strategic trail planning and compliance with Newfoundland and Labrador’s permitting requirements.

    •  

 

 

   Figure 3.3:    Excavator and work truck located along the Trapper Trail over the northern portion of the oxide layer trend within the Trapper zone.  

 

3. Trapper & Hawkeye Zone Trenching:  

 

The trenches within the Trapper zone were identified as targets due to extremely high readings on the GSM-19 Magnetometer. On numerous occasions, the geophysics team had the GSM-19 Magnetometer Instruments reading well beyond the highest highs of the Hawkeye zone, which reached 74,000 nt.

 

Upon trenching these locations, it was discovered that the presence of semi-massive to massive VTM – oxide layering outcrops were not far from the surface. A total of 504m 2 (5,425ft 2 ) was trenched across the oxide layering strike in the north and south anomalies of the Trapper zone. Work is ongoing to complete pressure washing of the outcrops, clearing away dirt and debris to better show the structure and mineralogy of these exposures.

 

 

 

   Figure 4.1:    Excavator and Michael Garagan (CGO & Director of SAGA) standing on a VTM oxide layer outcrop in the northern anomaly at the Trapper zone.  

 

 

 

   Figure 4.2:    Semi-massive to Massive VTM oxide layer outcrop in the southern anomaly at the Trapper zone.  

 

4. Trapper Zone Geophysics:  

 

As previously reported, SAGA mobilized two geophysical crews to complete magnetic and VLF-electromagnetic survey coverage across the north and south anomalies within the Trapper Zone.

 

SAGA’s geophysics team has continued to report strong magnetic detection levels over both anomalies, requiring recalibration of the geophysical instruments. The team is excited to report that readings have exceeded the 74,000 nT detected in the Hawkeye zone, with readings recorded as high as 115,498 nT over the northern Trapper zone anomaly and over 113,000 nT over the southern Trapper zone anomaly. In some cases, the instruments reached the maximum level of detection (120,000 nt).

 

 

 

   Figure 5:    Reading off of the Magnetometer GSM-19 geophysical instrument recording 115,498 nT over the Tapper zone.  

 

SAGA’s geophysics team is working to complete the remaining lines over the coming days and will be the subject of a future new release in the near term.

 

  Michael Garagan, CGO & Director of SAGA stated:   ‘This summer has been a critical juncture in the development of the project and preparation for efficient and cost-effective drilling in the future. We believe that with the infrastructure upgrades completed our drilling cost per meter has come down significantly, setting us on the right track to reach our goal of approximately $300-$350/m. SAGA’s plans and objectives over the next 12-month are to complete a 10,000-15,000-meter drill program, setting the stage for the completion of a maiden resource calculation. A project like this, with homogenous geochemistry and large oxide layers, can move towards a resource calculation with 100 m drill spacing over the 2.5 km stretch of the entire oxide layering strike that runs continuously through the Trapper zone.’  

 

  Qualified Person  

 

Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information related to the Radar Ti-V-Fe Project disclosed in this news release.

 

  About Saga Metals Corp.  

 

 Saga Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the global transition to green energy. The Radar Titanium Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to date, including a 2,200m drill program, has confirmed a large and mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) with strong grades of titanium and vanadium.

 

The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares featuring uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U 3 O 8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

 

Additionally, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Metals.

 

With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.

 

  On Behalf of the Board of Directors  

 

  Mike Stier, Chief Executive Officer  

 

For more information, contact:

 

Rob Guzman, Investor Relations
Saga Metals Corp.
Tel: +1 (844) 724-2638
Email: rob@sagametals.com
www.sagametals.com

 

  Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

 

  Cautionary Disclaimer  

 

This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the exploration of the Company’s Radar Project. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company’s assets, and the risks detailed in the Company’s continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

 

Photos accompanying this announcement are available at:

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/e8128200-d3b7-48da-aee0-484bad883fca  

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/6c8d3aa5-99b1-4eba-ab0c-616ac8aa84eb  

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/26751ee2-942d-431f-8bf1-c64df78353de  

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/fdf6776f-80be-4a01-b78b-1dcc786d5051  

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/66c2fa8f-6518-4aed-988f-09d98f483a25  

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/c5ff730b-9a14-4cad-843f-696bcf80efad  

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/63807f35-1f7c-4a3c-b3c7-6fa0df9d0d83  

 

  https://www.globenewswire.com/NewsRoom/AttachmentNg/42529e33-6d14-4c03-bfc4-9ec7030a7fc6  

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

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Homerun Resources Inc. Appoints Strand Hanson Limited as UK Financial Adviser to Explore Dual Listing on London Stock Exchange

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is pleased to announce that Strand Hanson Limited has been appointed as its UK Financial Adviser.

This engagement marks a significant step as Homerun evaluates a potential dual listing on the international commercial companies secondary listing segment of the FCA’s Official List, and admission to trading on the Main Market of the London Stock Exchange (LSE).

Strand Hanson Limited is a leading independent financial advisory firm based in London, known for its expertise in corporate finance and capital markets. With a strong track record in advising growth companies, particularly in the natural resources and energy sectors. Their extensive experience in advising international companies on LSE listings brings valuable insight to Homerun’s growth objectives and ambition to increase its global investor base.

Homerun is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions.

The decision to pursue a dual listing on the London Stock Exchange supports Homerun’s strategy of expanding its capital markets presence, improving share liquidity, and enhancing visibility with institutional and retail investors worldwide. London, as one of the world’s premier financial centers, offers unparalleled access to international capital and a diverse range of sophisticated investors.

This move will position Homerun to:

  • Broaden its shareholder base beyond North America.
  • Access deeper pools of capital and improve funding flexibility.
  • Enhance the Company’s brand recognition in the UK and European markets.
  • Attract high-caliber institutional investors who are active on the LSE.
  • Offer investors increased trading flexibility, transparency, and regulatory standards associated with London’s Main Market.

Commenting on the partnership, CEO, Brian Leeners, stated: ‘We are excited to welcome Strand Hanson Limited as our UK Financial Adviser. Their proven track record and expertise with London listings will be instrumental as we assess the merits of a dual listing on the Main Market of the London Stock Exchange, aligning with our objectives to create greater value for our shareholders.’

About Homerun (www.homerunresources.com)

Homerun (TSXV: HMR,OTC:HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:

Homerun Advanced Materials

  • Utilizing Homerun’s robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.

  • Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California – Davis.

Homerun Energy Solutions

  • Building Latin America’s first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.

  • European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).

  • Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.

  • Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company’s high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.

With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company’s HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.

Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.

On behalf of the Board of Directors of

Homerun Resources Inc.

‘Brian Leeners’

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260662

News Provided by Newsfile via QuoteMedia

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Crypto Market Update: Markets Pull Back After Fed Opts to Keep Current Interest Rate

Here’s a quick recap of the crypto landscape for Wednesday (July 30) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$16,964, down by 0.5 percent over the last 24 hours. Its highest valuation on Wednesday was US$118,644, while its lowest valuation was US$116,079.

Bitcoin price performance, July 30, 2025.

Chart via TradingView

Markets rallied briefly following the release of the White House’s crypto policy report, which called for greater SEC clarity and new legislation to regulate digital assets, but pulled back after the Federal Reserve left interest rates unchanged and warned of slowing economic growth.

Ethereum (ETH) was priced at US$3,764.26, down by 0.1 percent over the past 24 hours. Its lowest valuation on Wednesday was US$3,708.13, and its highest was US$3,820.17.

Altcoin price update

  • Solana (SOL) was priced at US$176.09, down by 2.9 percent over 24 hours. Its lowest valuation on Wednesday was US$173.22, and its highest was US$179.83.
  • XRP was trading for US$3.10, down by 0.6 percent in the past 24 hours. Its lowest valuation of the day was US$3.04, and its highest valuation was US$3.15.
  • Sui (SUI) is trading at US$3.77, down 1.3 percent over the past 24 hours. Its lowest valuation of the day was US$3.66, and its highest was US$3.81.
  • Cardano (ADA) was trading at US$0.7600, down by 2.3 percent over 24 hours. Its lowest valuation on Wednesday was US$0.7414, and its highest was US$0.7759.

Today’s crypto news to know

Ethereum marks a decade since launch

Ethereum marked its 10th anniversary on July 30 with growing corporate interest in Ether as a potential treasury reserve asset.

The Ethereum network launched in 2015 and has since maintained uninterrupted uptime, becoming the backbone of the decentralized finance (DeFi) movement. In the lead-up to the anniversary, Ether’s price approached US$4,000, driven in part by renewed institutional inflows and growing confidence in the asset’s long-term utility.

The Ethereum Foundation will commemorate the milestone by issuing celebratory NFTs and organizing more than 100 events globally.

A live broadcast featuring Vitalik Buterin, Joseph Lubin, and Tim Beiko will also be hosted to reflect on the network’s origins and future direction.

SEC greenlights in-kind ETP creations and redemptions

On Tuesday, July 29, the Securities and Exchange Commission (SEC) gave its approval for in-kind creations and redemptions by authorized participants for crypto asset exchange-traded products (ETPs).

“It’s a new day at the SEC, and a key priority of my chairmanship is developing a fit-for-purpose regulatory framework for crypto asset markets,” said Chairman Paul Atkins in the announcement. “Investors will benefit from these approvals, as they will make these products less costly and more efficient.

“Today’s approvals continue to build a rational regulatory framework for crypto, leading to a deeper and more dynamic market, which will benefit all American investors. This decision aligns with the standard practices for similar ETPs.”

Authorized institutions can now directly exchange crypto assets like Bitcoin or Ethereum for shares of a crypto ETP, and vice versa, making these products more efficient and potentially cheaper to manage than when only cash transactions were allowed.

Senator Lummis proposes bill to allow digital assets for mortgages

In a Tuesday notice, Wyoming Senator Cynthia Lummis introduced the 21st Century Mortgage Act, a law that could compel mortgage purchasers to consider digital assets in applications.

Lummis said her proposed bill would initiate congressional action following a June order from the US Federal Housing Finance Agency (FHFA) that mandated US mortgage purchasers Fannie Mae and Freddie Mac “consider cryptocurrency as an asset for single-family loans.”

“This legislation embraces an innovative path to wealth-building, keeping in mind the growing number of young Americans who possess digital assets,” said Lummis.

A similar crypto mortgage proposal, the American Homeowner Crypto Modernization Act, was introduced by Republican Representative Nancy Mace on July 14. Mace’s proposed bill would mandate that mortgage lenders incorporate the value of a borrower’s digital assets held in cryptocurrency brokerage accounts into their mortgage credit evaluations.

The bill is one of three that the US Senate may consider after a month-long recess, alongside a digital asset market structure bill and a bill aimed at barring the Federal Reserve from launching a central bank digital currency.

eToro expands 24/5 trading and tokenizes US stocks

Trading platform eToro has announced plans to expand its current 24/5 trading for 100 popular US stocks and ETFs, meaning customers can now trade these assets five days a week, almost around the clock, even outside regular market hours.

Co-founder and CEO Yoni Assia spoke with Yahoo Finance Executive Editor Brian Sozzi about the move on Tuesday (July 29).

“We’re expanding a lot of the trading universe and trading hours on the eToro platform. Announced today, more 24-hour stock trading on the platform, as well as near 24/5 trading on exchange CME traded futures, a new type of futures product,” Assia said.

“That’s very exciting for our users worldwide. And very excited also about revamping tokenization in eToro, launching those 100 stocks that trade 24/5 on the eToro platform as tokenized assets, gradually available to people with the eToro crypto wallet.”

The company also announced the launch of tokenized versions of these same US stocks as ERC20 tokens on the Ethereum blockchain.

This will eventually enable true 24/7 trading and transfers, and is part of eToro’s strategy to tokenize all assets on their platform and integrate them into the broader decentralized finance world. They’re also rolling out spot-quoted futures with CME Group, a simpler futures product, currently in Europe, with plans for wider availability.

Trump Working Group calls for aggressive federal action on crypto markets

A White House-appointed working group on digital asset markets has released a sweeping set of recommendations to overhaul US crypto policy, according to a preview.

The group, established under an executive order by Donald Trump in January, urged Congress to pass the Digital Asset Market Clarity Act and called on regulators to use existing powers to support immediate crypto market growth.

The report recommends that the Commodity Futures Trading Commission be granted broader oversight over spot markets for non-security tokens and that safe harbor provisions be used to accelerate product launches.

It also advises federal banking regulators to clarify permissible crypto-related bank activities and modernize capital rules to reflect token-based risks.

The Trump administration said the proposals would help ensure US leadership in the “blockchain revolution” and usher in a “Golden Age of Crypto.”

JPMorgan to let Chase customers buy Crypto via Coinbase

JPMorgan Chase (NYSE:JPM)has announced a major partnership with Coinbase that will allow Chase credit card users to purchase cryptocurrencies directly from the exchange.

The service is expected to roll out in fall 2025, with full account-linking functionality available by 2026. Customers will also be able to redeem Chase credit card reward points for USDC, a stablecoin pegged to the US dollar.

The move marks a notable shift in the firm’s stance toward crypto, going from a cautious observer to an active participant in retail-focused blockchain infrastructure.

With crypto’s total market cap recently crossing US$4 trillion, large banks are now racing to integrate digital asset capabilities into their core offerings.

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

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

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Psychedelics Market Update: H1 2025 in Review

The psychedelic drugs market is emerging as a strategic investment opportunity in healthcare, with forecasts generally placing its value around US$6.4 billion in 2025.

This burgeoning sector is set for robust, double-digit compound annual growth, significantly driven by North America, which is anticipated to account for approximately 45–50 percent of this market.

The first half of 2025 was characterized by clinical advancements and softening policy stances, furthering momentum and contributing to growing market interest.

Clinical progress and policy shifts drive market interest

Interest in the space continued in H1 as drug candidates advanced into pivotal trials, particularly in the treatment of depression, anxiety and PTSD. Cybin (NYSEAMERICAN:CYBN) reported meaningful progress, citing investor and regulatory confidence in the therapeutic potential of psilocybin, LSD analogs and DMT derivatives.

Cybin’s 2025 financial results, released on June 30, highlighted significant progress in its lead programs, as well as its strong financial position, with C$135 million in cash reported.

CEO Doug Drysdale emphasized the company’s progress in building a strong foundation for anticipated clinical and regulatory milestones.

Key highlights include strengthened intellectual property with new patents for CYB003 and CYB004, strategic partnerships with Osmind and Thermo Fisher Scientific, and promising Phase 2 efficacy data for CYB003 in MDD, showing 100 percent responder rates and 71 percent remission with two 16 mg doses. The Phase 2 study for CYB004 in GAD is underway and expected to be completed around mid-2025.

Likewise, COMPASS Pathways (NASDAQ:CMPS) announced that its COMP360 psilocybin treatment successfully met its primary goal in a Phase 3 trial for treatment-resistant depression on June 23.

A single 25mg dose of COMP360 significantly reduced depression symptoms compared to a placebo at six weeks, showing a clinically meaningful difference and strong statistical significance. This marks the first Phase 3 efficacy data reported for a classic psychedelic, and Compass Pathways said it plans to discuss these positive results with the FDA.

Policy signals were equally consequential. Notably, the Texas House and Senate passed SB 2308 in May, which will provide up to US$100 million in state funds for ibogaine trials.

The results of the trials will be presented to the US Food and Drug Administration (FDA) for potential approval of ibogaine for opioid use disorder, co-occurring substance use disorder and other neurological or mental health conditions. Governor Abbott signed the bill into law on June 11, representing a notable and progressive shift in the Republicans’ approach to drug policy.

However, the sector continues to face real challenges, such as costly clinical access and inconsistent regulatory frameworks that have resulted in a patchwork of state-level regulations. Despite these challenges, there are ongoing efforts towards federal reform and standardized guidelines.

Health Secretary Robert F. Kennedy Jr. recently told members of Congress that new therapeutics using psychedelic substances could revolutionize treatment for mental health challenges.

‘This line of therapeutics has tremendous advantage if given in a clinical setting and we are working very hard to make sure that happens within 12 months,” he said during a House subcommittee meeting regarding the Trump administration’s proposed budget for the US Department of Health and Human Services (HHS).

FDA head Marty Makary has likewise labeled the assessment of MDMA and other psychedelics as a “top priority,” announcing initiatives aimed at potentially expediting their approval.

One new program in particular aims to accelerate drug approval, potentially cutting review times from six months to one month.

This initiative might relax requirements for some drugs, possibly waiving placebo-controlled studies, which have been a hurdle for psychedelic research because patients often know if they’ve received the drug.

Looking ahead

The National Psychedelic Landscape Assessment (NPLA) identifies 11 states with a high likelihood of future movement based on legislative viability, advocacy strength, public support, legislative momentum and strategic impact: New Mexico, Nevada, Texas, Illinois, Missouri, California, Massachusetts, Connecticut, Indiana, New York and Arizona.

The report also points to several key trends and persistent challenges in the current psychedelic market.

Decriminalization at the state level has seen an enactment rate of just two percent, despite being a frequently introduced legislative concept, with 67 bills introduced since 2020. Movements have been hampered by public health and safety concerns, although local efforts are gaining momentum.

However, adult-use access has seen no legislative enactments through state legislatures, with existing programs in Oregon and Colorado being implemented predominantly via citizen-led ballot initiatives.

When it comes to medical access programs, New Mexico stands out as the sole state to successfully enact a licensed and regulated psilocybin therapy program through SB 219, battling hurdles such as regulatory complexity, affordability and securing sufficient provider participation.

The report also found that clinical trials have been gaining traction, particularly when state-funded and focused on vulnerable populations like veterans and first responders, with Indiana emerging as a leader in this area.

The state established a therapeutic psilocybin research fund in 2024 that compares psilocybin against existing treatments, and ensures transparent fund administration and research application processing.

A more moderate approach is seen in pilot programs, which offer a controlled environment for access and data collection. The crucial step of implementing legislation, necessary to operationalize enacted policies, shows a 50 percent success rate, according to the report’s findings.

The report also points to corporate influence and the strategic efforts by corporate entities to gain commercial advantage through state trigger laws and compound-specific legislation favoring patented compounds like COMP360.

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

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Gold Retreats, Equities Down as Fed Leaves Rates Unchanged​

The US Federal Reserve held its fifth meeting of 2025 from Tuesday (July 29) to Wednesday (July 30) against a backdrop of trade tensions, spurred on by the Trump administration’s tariffs.

The central bank met analysts’ expectations by holding its benchmark rate in the 4.25 to 4.5 percent range.

Chair Jerome Powell stated that although there were differences of opinion among the Federal Open Markets Committee members, they were clear on why they made their decisions, noting that inflation was tracking higher, but the job market remained stable.

“The labor market looks solid, inflation is above target, and even if you look through the tariff effects, we think it’s still a bit above target, and that’s why our stance is where it is,” Powell said.

The Fed chair also noted a slowing in gross domestic product, which he pointed out was up 2.5 percent in 2024, but initial data from 2025 points to a slowing in growth to 1.1 percent.

The vote to hold the rate was 9-2, with Governors Michelle Bowman and Christopher Waller being the dissenters who advocated for cuts. It marks the first time since December 1993 that two board members have broken with consensus.

Both Bowman and Waller were appointed by Donald Trump during his first term in office, with Waller being one of the front-runners to replace Powell when his term as board chairman ends in May 2026.

Trump has been critical of Powell in recent months, with the latest statements coming just minutes before the Fed meeting. The president has said Powell has not moved quickly enough to make rate cuts, despite data suggesting inflation has been starting to increase.

North of the Border, the Bank of Canada (BoC) also held its June meeting on Wednesday.

It also met expectations by holding its benchmark rate at 2.75 percent, with Bank Governor Tiff Macklem citing resilience in the economy despite trade disputes brought on by the Trump administration in the United States.

The BoC last changed its rate with a 0.25 percent cut in March to the current 2.75 percent from 3 percent.

Gold was down in the day’s trading, losing 1.6 percent to US$3,272.75 per ounce. Silver declined more sharply, losing 3.37 percent to US$36.93 per ounce at 3:30 p.m. EST.

The S&P 500 (INDEXSP:INX) was down, recording a 0.4 percent decline to reach 6,344.17. The Nasdaq-100 (INDEXNASDAQ:NDX) slipped 0.17 percent to come in at 23,265 , and the Dow Jones Industrial Average (INDEXDJX:DJI) lost 0.74 percent, coming to 44,297.

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

This post appeared first on investingnews.com

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Recall warns some Celsius energy drink cans accidentally contain alcohol

The canned cocktail maker High Noon is warning customers that some of its vodka seltzers were accidentally labeled as Celsius energy drinks.

In a recall notice posted to the Food and Drug Administration’s website, High Noon said an unspecified number of its Beach Variety packs contain cans are filled with High Noon vodka seltzer alcohol but have been mislabeled as Celsius Astro Vibe energy drink, Sparkling Blue Razz Edition, with a silver top.

Celsius Astro Vibe Energy Drink, Sparkling Blue Razz Edition.Celsius

The products were shipped to retailers in Florida, New York, Ohio, South Carolina, Virginia and Wisconsin from July 21 to July 23.

The recall was initiated after High Noon discovered that a shared packaging supplier mistakenly shipped empty Celsius cans to High Noon, it said.

No illnesses have been reported to date.

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Trump ends de minimis exemption for global low-cost goods

President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries.

The order, which takes effect Aug. 29, will subject any shipments of imported goods into the U.S. worth $800 or less to duties, the White House said.

Any goods shipped through the international postal network will be subject to tariff rates based on the value of the package and its country of origin.

The move comes after Trump in May shuttered the de minimis loophole for goods from China and Hong Kong. A federal trade court on Monday declined to block Trump’s de minimis ban, even after an auto parts retailer argued the action was unlawful and threatened its business.

Use of the de minimis provision has exploded in recent years as online shopping has become more prevalent. Ultra-cheap online retailers such as Temu and Shein have used the loophole to ship packages to American shoppers directly from China duty-free.

Shares of PDD Holdings, the parent company of Temu, dipped lower following the announcement.

The Trump administration has sought to close the loophole, calling it a “big scam” that hurts U.S. businesses. Officials have said de minimis facilitates shipments of fentanyl and other illicit substances, saying the packages are less likely to be inspected by customs agents.

The volume of de minimis shipments has skyrocketed to 309 million units so far this fiscal year, up from 115 million for all of last year, the White House said.

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Oldest active MLB player designated for assignment: Can he make history?

The oldest active player in MLB will have to soon find another team to continue his career.

Left-hander Rich Hill was designated for assignment by the Kansas City Royals, the club announced Tuesday, July 29. The move was made with Kansas City recalling Thomas Hatch from Triple-A Omaha.

The 45-year-old Hill had a short stint with the Royals after signing a minor league contract with the team in May. On July 22, Kansas City called up Hill and started him the same day against the Chicago Cubs, making him the oldest player to appear in MLB this season and oldest ever to play for the Royals. He also became one of just five players over 45 to play in the majors since 2010, and the first to do so since 2018. 

Hill made two starts for Kansas City, giving up seven runs − five earned − on nine hits and eight walks allowed with four strikeouts. He went 0-2 with the Royals.

Rich Hill could make history

While it marks the sudden end of Hill’s time in Kansas City, it presents him with the opportunity to make MLB history if he continues his career.

The Royals marked the 14th team Hill has played for in his 21-year career, which tied retired pitcher Edwin Jackson for the most teams played for in MLB history. If Hill is able to sign with another new team and pitch for it, he would be the first person to play for 15 teams − half of MLB’s squads.

Hill made his MLB debut in 2005 with the Chicago Cubs, and has a 90-76 record with a 4.02 ERA in 388 games played.

What teams has Rich Hill played for?

  • Chicago Cubs (2005-2008)
  • Baltimore Orioles (2009)
  • Boston Red Sox (2010-2012, 2015, 2022, 2024)
  • Cleveland Guardians (2013)
  • Los Angeles Angels (2014)
  • New York Yankees (2014)
  • Athletics (2016)
  • Los Angeles Dodgers (2016-2019)
  • Minnesota Twins (2020)
  • Tampa Bay Rays (2021)
  • New York Mets (2021)
  • Pittsburgh Pirates (2023)
  • San Diego Padres (2023)
  • Kansas City Royals (2025)
This post appeared first on USA TODAY

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Roger Goodell sends letter to NFL employees after NYC shooting

The NFL’s Manhattan headquarters were targeted by a gunman who killed four people and ‘seriously injured’ an NFL employee during a mass shooting on Monday, July 28.

On Tuesday, July 29, NFL commissioner Roger Goodell sent an email to all of the league’s employees addressing the incident.

‘I want to take a moment to reach out to you all following yesterday’s tragic events,’ Goodell wrote in a letter obtained by USA TODAY Sports. ‘Our hearts go out to all of the victims and their families, and we are deeply grateful for the first responders and medical staff who acted so quickly and continue to provide care.

‘Our thoughts and prayers remain especially with our colleague who was impacted. He is currently surrounded by his family and members of the NFL community, and we are all continuing to hope for and support his full recovery.’

Goodell said in a statement earlier in the day the injured employee was in ‘stable condition,’ but declined to identify him.

Multiple reports identified Craig Clementi as the NFL employee injured in the shooting. Clementi is a member of the league’s finance department.

Goodell also announced the league’s New York office will remain closed through at least Aug. 8. All employees based at that location are instructed to work from home.

The NFL will provide a virtual town hall for its employees on Wednesday, July 30, during which they ‘can connect, share, and support each other.’

‘Thank you to all of you for the compassion, care, and support you are showing to one another right now. It means so much to see how our team is pulling together,’ Goodell wrote.

‘In the midst of this difficult time, we hold on to hope and optimism for healing and brighter days ahead.’

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MLB trade deadline: Latest news and rumors from around baseball

Just days from Major League Baseball’s July 31 trade deadline, the market held its collective breath on Monday when Eugenio Suárez was hit by a pitch on the hand and removed from Arizona’s game. But X-rays came back negative on the Diamondbacks slugger, presumed to be the top bat available before Thursday’s 6 p.m. deadline.

The AL Central-leading Tigers added a pair of arms, making an in-division trade with the Minnesota Twins to add right-handers Chris Paddack and Randy Dobnak. Detroit officially lost starter Reece Olson for the season with a shoulder injury earlier in the day Monday.

Here’s a look back at all the news and updates from Tuesday, July 29:

New York Mets trade rumors

It’s been rather evident around the baseball world that the New York Mets have been looking to upgrade their outfield before the trade deadline. The New York Post’s Jon Heyman reports that the Chicago White Sox’s Luis Robert Jr. and the Baltimore Orioles’ Cedric Mullins have been two outfielders the Mets are looking at to fill that hole on their roster.

Robert Jr.’s trade value has been heating up over the last seven games, as he is hitting .280 at the plate with seven hits, six RBIs and a home run in that stretch. According to ESPN’s Buster Olney, it remains unclear if the White Sox will trade their centerfielder away, as they have ‘tons of payroll flexibility moving forward’ next season to carry his $20 million option. However, if they do, the price is expected to be high. — John Leuzzi, USA TODAY Sports

David Bednar trade rumors: Yankees eying Pirates closer

The New York Post’s Jon Heyman reports that the Yankees are looking to improve their bullpen two days away from the trade deadline, and have talked to the Pittsburgh Pirates about their All-Star closer David Bednar, who has become a target of theirs.

Heyman also noted that the Yankees are looking at Pirates starter Mitch Keller. Trading for Bednar would add another lockdown late-inning option for Aaron Boone and the Bronx Bombers to pair with Devin Williams and Luke Weaver. — John Leuzzi, USA TODAY Sports

Jhoan Duran trade rumors: Has Twins closer been traded?

Has one of the top closers on the market been traded? According to ESPN’s Jeff Passan, the answer is no for Minnesota right-handed reliever Jhoan Duran, who was caught on the Twins TV broadcast hugging teammates in the bullpen during the third inning at Target Field with his glove in his hand.

Passan noted that Duran, for now, had not been traded and was ‘just hugging his bullpen catcher’ — got to love trade deadline week (and season). The Twins radio broadcast was the first to mention Duran grabbing his glove and stuff from the bullpen and leaving it. — John Leuzzi, USA TODAY Sports

Wilson Contreras wants to stay with Cardinals

Meeting with reporters ahead of Tuesday’s game vs. the Miami Marlins, St. Louis Cardinals first baseman Willson Contreras told reporters that he recently spoke with Cardinals president of baseball operations John Mozeliak and expressed that he didn’t want to be traded.

‘I’m good here. I’m good here,’ Contreras said. ‘… I don’t think I have done enough for me to leave (St. Louis) yet.’

Contreras is hitting .259 on the season with 14 home runs and 61 RBIs for the Cardinals, who are nine games back of the Milwaukee Brewers in the NL Central. — John Leuzzi, USA TODAY Sports

Yankees looking to upgrade starting rotation

MLB Network’s Jon Morosi reports that the New York Yankees have had talks with the Miami Marlins and Arizona Diamondbacks to improve his team’s starting rotation, and have had talks with the Miami Marlins and Arizona Diamondbacks for that.

As noted by Morosi, both the Marlins and Diamondbacks have several pieces who can fill the Yankees’ rotational needs in Sandy Alcantara (Marlins), Edward Cabrera (Marlins), Zac Gallen (Diamondbacks) and Merrill Kelly (Diamondbacks).

On the Tuesday episode of ‘MLB on TBS: Leadoff,’ Morosi mentioned that Gallen — who has a 7-12 record this season with a 5.60 ERA — and Kelly, who has a 9-6 record and 3.22 ERA, could be more suitable options for the Yankees compared to Alcantara and Cabrera, as the Diamondbacks starters are rentals.

The Yankees are five games back of the Toronto Blue Jays for first place in the AL East. — John Leuzzi, USA TODAY Sports

Blue Jays trade rumors: Toronto eying Ryan Helsley

The Blue Jays reportedly will look to bolster their bullpen following their trade for Baltimore Orioles right-handed reliever Seranthony Dominguez earlier this afternoon: MLB.com’s Mark Feinsand reports Toronto is eying St. Louis Cardinals closer Ryan Helsley.

Helsley, 31, is 3-1 on the season with a 3.00 ERA and 21 saves in 36 innings of work for the Cardinals. — John Leuzzi, USA TODAY Sports

Orioles trade Seranthony Dominguez to Blue Jays – in opposing clubhouse

In between games of the teams’ doubleheader in Baltimore on Tuesday, the Toronto Blue Jays acquired 30-year-old right-handed reliever Seranthony Dominguez from the Orioles, according to multiple reports. The Orioles will receive right-handed pitching prospect Juaron Watts-Brown to complete the trade, Sportsnet and ESPN reported.

In 298 career games with the Philadelphia Phillies (2018-24) and Orioles (2024-25), Dominguez has gone 21-22 with 40 saves, a 3.54 ERA and 335 strikeouts across 285 innings. He did not play in 2020 due to injury. In 2025, Dominguez is 2-3 with two saves and a 3.24 ERA in 43 appearances for the Orioles. He’s struck out 54 batters for a rate of 11.7 strikeouts per nine innings.

Watts-Brown, 23, has split this season between Double-A New Hampshire and High-A Vancouver. He has gone 2-5 with a 3.54 ERA in 19 starts. MLB Pipeline ranked Watts-Brown as Toronto’s No. 10 prospect. — Field Level Media

Eugenio Suárez to Tigers? Gleyber Torres backs a trade

The Tigers are one of many teams interested in acquiring Eugenio Suárez from the Diamondbacks before the MLB trade deadline, set for 6 p.m. Thursday, July 31. Other teams in the mix include the Cincinnati Reds, Chicago Cubs, Milwaukee Brewers, Philadelphia Phillies and Seattle Mariners.

‘If he comes here at some point, it’s going to be awesome,’ said Torres, a former teammates of Suárez with Team Venezuela in the World Baseball Classic. ‘He treats people the right way. He’s easy to talk to. He always wants to help the players. It would be a really, really good addition for us.’

Said Torres: ‘I think he’s a better person than player. I have a really good relationship with him. He is a humble guy, an awesome person. I’ve known him for many years. Our relationship is really good.’

Suárez has said he wants to play for the Tigers. The Tigers signed Suárez out of Venezuela for a $10,000 bonus during the 2008 international signing period. He made his MLB debut with the Tigers in 2014. After 85 games, the Tigers traded Suárez to the Reds. – Evan Petzold, Detroit Free Press

Danny Jansen trade has catcher back in Wisconsin

Not so long ago, members of the Wisconsin Timber Rattlers lived in the home young Danny Jansen shared with his family, just a bike ride away from Fox Cities Stadium in Appleton. In a twist of fate, it was a Timber Rattlers player sent to another organization who brought Jansen back to Wisconsin.

Jansen, 30, joined the Brewers on July 29, one day after Milwaukee consummated a deal with the Tampa Bay Rays in exchange for Class A infielder Jadher Areinamo. The catcher Jansen, an alumnus of Appleton West and part of a former Timber Rattlers host family, now finds himself with his fourth team in the span of a year after getting dealt on back-to-back trade deadlines.

Eugenio Suárez injury update: D’backs slugger out of lineup

Arizona third baseman Eugenio Suárez, considered the top hitter available ahead of Thursday’s deadline, is out of the Diamondbacks lineup Tuesday in Detroit after being hit on the hand by a pitch on Monday night.

X-rays after the game were egative and Suárez told reporters on Tuesday that he also underwent a CT scan and MRI, both coming back clean. Suárez could return to the lineup on Wednesday for what may be his final game in a Diamondbacks uniform.

Suárez has 36 home runs, is tied for the MLB lead with 87 home runs and could become the first player traded in the middle of a 50-homer campaign since Mark McGwire in 1996.

Phillies trade rumors, team needs

The Philadelphia bullpen took a hit when left-handed reliever José Alvarado was suspended for 80 games in May for violating MLB’s PED policy. To help fill the void, the Phils recently signed veteran right-handed reliever David Robertson after he sat out the season following a strong 2024 season with the Texas Rangers. Robertson has spent two other stints with Philadelphia, including during the team’s 2022 World Series run.

Outfield has also been a concern for much of the year with free-agent addition Max Kepler struggling to provide offensive stability. While he has improved at the plate as the summer has progressed, center fielder Brandon Marsh, along with outfielders Nick Castellanos and Johan Rojas, has been inconsistent offensively this season.

Pirates trade rumors: David Bednar, Mitch Keller

The Pittsburgh Pirates have a few impact players who could be moved ahead of the trade deadline including closer David Bednar and starter Mitch Keller.

An All-Star in 2022 and 2023, the 30-year-old Bednar had a miserable 2024 campaign (5.77 ERA in 62 games), but has rounded back into form this year with a 2.37 ERA, including a career-best 12.1 strikeouts per nine innings.

Keller, 29, signed a four-year extension worth $77 million with the Pirates prior to the 2024 season. An All-Star in 2023, Keller has a 3.69 ERA in 22 starts, his best since 2020, but has seen his strikeout rate fall each of the past two seasons.

‘I think we want to be careful about it, because you have pitching depth until you don’t,’ Cherington told reporters. ‘It’s hard to get it back. We’re not anxious to trade pitching.’

Nick Fortes to Rays in trade with Marlins

The Tampa Bay Rays acquired catcher Nick Fortes from the Miami Marlins on Tuesday in exchange for minor league outfielder Matthew Etzel.

Fortes, 28, batted .249 with two home runs and 10 RBIs in 59 games with the Marlins this season. He is a career .225 hitter with 25 homers and 96 RBIs in 363 games since making his debut with Miami in 2021.

Etzel, 23, was ranked as the Rays’ No. 28 prospect by MLB Pipeline.

He batted .230 with five homers, 34 RBIs and 17 stolen bases in 56 games at Double-A Montgomery this season before landing on the injured list on June 22. – Field Level Media

Chris Paddack, Randy Dobnak traded to Twins

The Tigers acquired right-handers Chris Paddack and Randy Dobnak from the Minnesota Twins on Monday, July 28 — just three days before the MLB trade deadline, which is set for 6 p.m. Thursday, July 31. Although Paddack becomes a free agent after 2025, Dobnak has team options for 2026, 2027 and 2028.

Trading for Paddack was sparked by right-hander Reese Olson suffering a right shoulder strain. He has been ruled out for the remainder of the regular season, but there’s still a chance he returns for the postseason.

‘It’s really an unfortunate piece of news for Reese,’ Tigers president of baseball operations Scott Harris said. ‘We really feel for him. But we are excited to strengthen our pitching before the trade deadline, and we’re really excited to add Chris to the mix.’ – Evan Petzold, Detroit Free Press

Yankees rumors: Cam Schlitter a trade deadline candidate?

MLB’s trade deadline, Thursday at 6 p.m., is a looming presence at Yankee Stadium, where Cam Schlittler’s third big-league start showed an unpolished pitcher with plenty of promise.

“He walks out there with a lot of weapons, starting with a high-90s, 100-mph fastball,’’ Yankees manager Aaron Boone said before Monday night’s game against Tampa Bay.

Schlittler impressively flashed that 100-mph fastball against the Rays but also lost his command for a stretch and the Yankees ultimately lost another divisional game. Maybe that won’t mean parting with Yankees’ slugging prospect Spencer Jones, but he’s clearly part of a lot of trade conversations – as are Schlittler and fellow right-handed starter Will Warren.

Eugenio Suárez injury update

USA TODAY Sports’ Bob Nightengale confirmed that Eugenio Suárez underwent X-rays, which came back negative. Diamondbacks manager Torey Lovullo told reporters that Suárez’s left hand and finger were ‘tender to the touch,’ according to The Athletic’s Cody Stavenhagen. Lovullo added that Suárez is day-to-day for now.

‘The good thing right now is we did the X-ray, and it was negative,’ Suárez said after the game. ‘We got more tests to do tomorrow. Right now, it’s painful, obviously.’

Braves add Erick Fedde

With all five members of their opening day rotation now on the injured list, the struggling Atlanta Braves have added a veteran starter. Erick Fedde, who was designated for assignment by the St. Louis Cardinals last week, fills the void in Atlanta’s rotation after Grant Holmes hit the injured list with elbow inflammation. He joins fellow rotation mates Chris Sale, Spencer Schwellenbach, Reynaldo Lopez and A.J. Smith-Shawver on the 60-day IL.

The Braves acquired Fedde (3-10, 5.22 ERA this season) in exchange for a player to be named later or cash considerations.

Yankees trade Carlos Carrasco

Dealing with the pitching-strapped Braves on Monday, the Yankees traded veteran right-hander Carlos Carrasco to Atlanta.

In announcing the trade prior to their Monday night series opener against the Rays at Yankee Stadium, the Yankees said they will receive cash considerations from the Braves.

2025 MLB trade deadline targets

Here’s a list of a handful of players who could potentially be moved at this year’s deadline:

Pitchers:

  • Sandy Alcantara (Marlins)
  • Zac Gallen (Diamondbacks)
  • Merrill Kelly (Diamondbacks)
  • Mitch Keller (Pirates)
  • Andrew Heaney (Pirates)
  • Johan Duran (Twins)
  • Kenley Jansen (Angels)

Position players:

  • Eugenio Suárez (Diamondbacks)
  • Jarren Duran (Red Sox)
  • Luis Robert Jr. (White Sox)
  • Taylor Ward (Angels)
  • Ryan O’Hearn (Orioles)
This post appeared first on USA TODAY

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