CHF WEEKLY ROUNDUP: July 20 - Aug. 14, 2026

Global markets have lurched through the summer with thin volumes and continuing investor confusion over inflation, interest rates, oil prices, Middle East conflict, and some degree of AI burnout, but have mostly turned positive since the beginning of August. AI-related stocks have come to dominate many of the indices, and the concerns about this “bubble” bursting and its potential impact on the global economic system are spreading.

The TSX has continued to make new highs through the summer and is up 4% in the last month, closing at a new all-time high Thursday. The Venture exchange struggled through the summer as investors abandoned resource-related junior stocks, losing more than 4%.  Much of that loss has been regained since the beginning of August, driven by a rebound in Gold prices. Hopefully, a final push for a Canada/USA trade agreement will succeed and bring some stability to the Canadian economy.

U.S. markets have surged into August, with the S&P 500 and Dow making new all-time highs, and the NASDAQ less than 1% from its last high set two months ago. A small number of AI-related companies, primarily the chip makers and data processors, are driving the gains. Many traditional “Value” sectors and commodity-based issuers are being left behind, with “Fear of Missing Out” (FOMO) holding investors in Tech. The U.S. dollar (USD) peaked at the end of July and has been moving lower, now down 1.25% in August. The Fed’s next meeting is September 15-16, 2026, and speculation continues to lean toward rate increases. A weakening U.S. economy leaves little room for higher borrowing costs.

Gold has moved up since the beginning of August, opening today at USD$4,378.80/oz. Silver has followed along, opening at USD$64.92/oz this morning. Some are already calling it a breakout, but there is much more to come. Precious metal producers are generating impressive free cash flow and are undervalued after being left behind in the AI frenzy.

Copper has remained buoyant through the summer, holding well above the USD$6.00/lb level, reaching toward USD$7.00 last week and still at USD$6.54/lb today.  

The CHF Weekly Roundup continues its Summer schedule, with the next issue expected on September 4, 2026.

We are pleased to present our roundup of client news for the period from July 20 to August 14, 2026.

Mining

On July 22, 2026, Pirate Gold Corp. (TSXV: YARR) (OTCQB: YARRF) reported initial visual observations from drilling at the Scurvy Fault, within the Crippleback area of its 100%-owned Treasure Island Project in Central Newfoundland. Treasure Island covers more than 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold district. The Scurvy Fault is closely associated with a continuous graphitic sedimentary horizon that extends for at least 15 km through felsic volcanic sequences of the Crippleback Intrusive Suite. The conductive graphitic horizon is readily identifiable in electromagnetic surveys.

Episode 15 of Pirate Gold Treasure Hunters is now airing: View Here.

On July 29, 2026, Rocky Shore Gold Ltd. (CSE: RSG) (OTCQB: RSGLF) announced the election of Alex Crosbie to the Board of Directors at the annual general and special meeting of shareholders. Shareholders voted in favour of all matters put forth before the meeting. Alex Crosbie is a highly respected entrepreneur and business leader with more than 45 years of experience building, scaling, and strategically exiting companies across industrial services, resource sectors, and remote operations. He is a director of Crosbie Group Limited, a family-owned Newfoundland and Labrador-based company providing services in oil and gas, marine construction, and commercial and residential real estate.

On August 5, 2026, Pirate Gold Corp. (TSXV: YARR) (OTCQB: YARRF) announced field exploration results from Crippleback at its Treasure Island Project in Central Newfoundland that covers more than 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold district. The Crippleback Intrusive Suite is a Neo-Proterozoic, multiphase intrusive complex comprising quartz monzonite to Dioritic intrusions and coeval Felsic to Mafic volcanic units. Located in the southern portion of the Treasure Island Project, it covers more than 200 square kilometres. Multiple broad target regions show potential to host copper-gold porphyry and epithermal-style mineralization.

Episode 16 of Pirate Gold Treasure Hunters is now airing: View Here.

On August 5, 2026, Rocky Shore Gold Ltd. (CSE: RSG) (OTCQB: RSGLF) announced the discovery of gold mineralization at the Lucky 13 Gold Zone identified during the Company's ongoing inaugural diamond drill program at the Lane Pond Gold Target, part of its 100%-owned Gold Anchor Project in central Newfoundland. To date, the Lucky 13 Gold Zone has been intersected in numerous widely spaced drill holes along a potential strike length of 1,800 metres, a dip extent of up to more than 500 metres and ranges between 6.38 metres and 17.02 metres thick (interpreted to be approximately true thickness). The zone remains open in all directions and shows increasing gold grades at depth, based on drill results to date.

On August 11, 2026, Arya Resources Ltd. (TSXV: RBZ) announced that it has completed the early exercise of its option to acquire a 100% interest in the Wedge Lake Gold Project, located in Saskatchewan's La Ronge Gold Belt. To complete the acquisition, Arya made the remaining cash payment of $30,000 ahead of schedule and issued 500,000 common shares of the Company to North-Sask Ventures Ltd. The payment and share issuance were made pursuant to the Assignment, Assumption and Amended Agreement dated October 24, 2022, between North-Sask, as optionor, and Rebel Capital Inc. (now Arya Resources Ltd.), as optionee, as amended on June 18, 2025.

On August 11, 2026, Athena Gold Corporation (CSE: ATHA) (OTCQB: AHNRF) announced that it has further consolidated its land position at its 100%-owned Forester project in Ontario's Musselwhite Gold Camp. Through recent map staking, the Company acquired an additional 6,088 hectares of contiguous mining claims, expanding the project by approximately 69% to a total of 14,930 hectares.

On August 11, 2026, Pirate Gold Corp. (TSXV: YARR) (OTCQB: YARRF) announced the appointment of Dr. Rael Lipson as Strategic Advisor. Dr. Lipson is a recognized specialist in paleoplacer and orogenic gold systems and brings more than 50 years of global exploration and mine experience to the Company as it advances the district-scale Treasure Island Project along the Valentine Lake Fault Zone in Central Newfoundland.

On August 12, 2026, Athena Gold Corporation (CSE: ATHA) (OTCQB: AHNRF) provided an exploration update from its Excelsior Springs Project in Nevada. Mammoth Minerals Limited has been exploring Excelsior pursuant to its option agreement to earn an 80% interest in the Project over five years.

On August 12, 2026, Rocky Shore Gold Ltd. (CSE: RSG) (OTCQB: RSGLF) announced the commencement of a first-phase drill program at a newly termed Mosquito Target Horizon immediately south of the Company’s Mosquito Hill Gold Deposit. The Mosquito Hill Gold Deposit is part of its 100%-owned Gold Anchor Project in central Newfoundland.

Fintech

On July 13, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced plans to conduct a private placement financing by issuing up to 24 million common shares at a price of $0.05 per share for aggregate gross proceeds of up to $1.2 million (the "Private Placement") to assist the Company in the completion and commercialization of its product offering destined for the North American market.

On July 20, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced that it has begun the process of having its shares listed for trading again on the OTCQB exchange in the United States. Tenet expects the OTCQB listing to be in place before filing the Company's financial results for the second quarter of 2026, which is due by August 31, 2026.

On July 21, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced that it has amended the terms of the accelerated expiry clause of its outstanding warrants issued between September 2024 and December 2024 (the "2024 Warrants") and those issued in March 2025 (the "2025 Warrants"). The 2024 Warrants have an exercise price of $0.20 and are set to expire three years after the date of their issuance, while the 2025 Warrants have an exercise price of $0.15 and are set to expire two years following the date of their issuance.

On July 23, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced that it has signed a partnership agreement with the Shanghai Guiqi Trading Company Ltd. ("SGT") for the registration on the Cubeler Platform of SGT's import/export small and medium enterprise clients. SGT provides import/export brokerage services to approximately 2,000 Chinese SMEs located in 13 provinces including Jiangsu, Zhejiang and Guangdong.

On August 4, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced that its supply chain services related sales for the month of July 2026 were approximately $16.8 million, prompting the Company to update its full year 2026 revenue guidance range to between $120,000,000 and $130,000,000 (up from $100,000,000 to $110,000,000).

On August 7, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced that experienced sales manager Warren Haughton has joined the Company to help with the upcoming expansion of the Business Hub in both Canada and the U.S. With his 24 years of sales experience as both a representative and a manager, combined with positions in marketing and customer service, Mr. Haughton possesses a well-rounded perspective of the sales life cycles

On August 11, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced the release of the latest version of the Business Hub, which now allows U.S.-based SME owners and executives to register their businesses on the platform and take advantage of its features and functionality. The newly released version includes several agentic AI features, including continuous analysis of registered SMEs' financial data to create matches and recommend business opportunities across 4 categories: buyer-supplier, general partnership, referral, and shared resources. Each AI-recommended opportunity provides a brief description and the potential annual revenue or cost savings it could generate.

On August 14, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) announced that it has signed an agreement with Sum Hung Hang Tai Trading Ltd. whereby Sum Trading will purchase products and services through the Company's GoldRiver platform worth a minimum of CAD$225 million per year over a 3-year period, valuing the agreement at CAD$675 million over its duration. The Agreement is similar to the agreement Tenet signed in the fourth quarter of 2025 with Chengdu Honglongyi Trading Ltd., which has largely helped put Tenet's revenues on track to exceed CAD$100 million in 2026.

On August 14, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF), an innovative analytics service provider, owner and operator of the Cubeler Business Hub, has clarified that the Company expects to earn gross margins of 8% to 10% on the CAD$225 million minimum guarantee annual services agreement recently signed by the Company, which was announced earlier today.