The M&E Dispatch // 114

Hello Everyone,

Happy post-Thanksgiving weekend, or as I like to call it, day one of seven days of leftover turkey creativity.

I’ve got something a little different for you today, a short detour from the usual commentary on the world’s affairs.

For the past couple of decades, I’ve built software for some of the largest, most exclusive hotel chains, investment brokerages, and insurance companies in the world.

Tools designed to spot trends, identify opportunities, and maximize revenue. Sometimes that meant figuring out, based on your age, zip code, and arrival time, whether you were the child of a wealthy guest from 90210 or the property owner themselves.

If you were the former, you’d walk into your room to find Haribo gummies and Patrón available for purchase.

If you were the latter, it might’ve been a bottle of 1984 something-or-other and a pair of hockey tickets, also for purchase, just a click away.

Different guests. Same principle. Know who’s walking through the door, and make sure the right offer is waiting.

The world swims in data, and I’ve spent my career distilling it into actionable touchpoints. Whether that’s helping a hotel chain upsell smarter, a brokerage spot emerging investor behavior, or an insurance firm detect risk before it surfaces.

When I took the helm of M&E, I wanted to apply that same logic to surface value you wouldn’t find anywhere else. So I built a tool for myself. It’s what surfaces the stories you see in The Dispatch, though what you read each week is just the curated tip of a much larger system.

It tracks, spots patterns, classifies, and surfaces high-value items that might otherwise slip through the cracks.

And now, I want to share it with you. Because when you only build software for yourself… it gets boring.

// Introducing The Monitor
Founding Member Access Now Open

The Monitor is the custom tool I use to track global trends, spot story leads, and connect the dots before they hit the Dispatch.

For a one-time $49, you can grab a lifetime founding membership to The Monitor. You’ll see what I see: the stream that feeds The Dispatch (and other publications).

It’s a discovery tool that every now and then surfaces gems you didn’t even know you were looking for. Like going to find your Titleist and somehow coming back to the cart path with two.

Out here, daybreak means lunchtime in the biggest markets. The Monitor helps you ‘front-run the sunrise’, figuratively speaking of course, by loading you up with data from while you slept, surfacing global events before everyone else out here spots them.

Early. Actionable. Useful.

I know, I’m asking you to buy something sight unseen, but sometimes that’s exactly what we do in our line of work 😉

• We stake ground based on gut and the way the creek sounds in the spring before anyone else even samples it.

• We buy a thousand shares on a hunch or a tip from a friend who happened to be right about Teck back in 2016 at six bucks (pure luck, of course).

Point being, we take a swing when the pitch feels right. Sometimes you strike out, sometimes you get on base, and every now and then, you walk off with a homer.

To borrow a line from Moneyball: I get on base. And I swing hard enough to have a shot at those homers.

👉 Join The Monitor — Lifetime Access $49

If you want in to try it out and see how it can help you while Q4 closes out, jump on this now.

After the signup period, I’m closing the door to new members so I can focus on improving The Monitor until mid-January (fingers crossed), when I’ll open it back up to the public.

At that point, new members will be paying a subscription of $29/month (or more) for the same thing you locked in today for just $49 once.

I’ll be sending out login links to founding members starting next week in the order they purchased.
(Limited to the first 100 signups.)

Shhh.. Super sneak peek, I was working on empty states (normally there is data in there) and took this screenshot. So not totally sight-unseen ;)

// The Dirt

🔥 Top 3 Headlines to Watch

1. Commerce Resources Announces 2025 AGM Results and Mont Royal Acquisition Approval
Commerce Resources shareholders voted overwhelmingly in favour of a plan of arrangement with Mont Royal Resources. The deal will see Commerce shareholders receive 2.3721 MRZ shares per CCE share. Final court approval in BC is expected mid-October, positioning the Ashram Rare Earths Project in Quebec for renewed development under Mont Royal’s direction.
https://commerceresources.com/commerce-reshapes-management-team-in-preparation-for-renewed-development-focus-of-ashram-rare-earths-project-copy/

2. Star Copper Mobilizes Additional Rig at Copper Creek, BC
Star Copper Corp. (CSE: STCU) launched its maiden drill program at Copper Creek, 2 km from its flagship Star Project in northwestern BC. The campaign targets high-grade copper-gold anomalies confirmed by geophysics and historical data, with two initial holes totaling 400 m.
https://starcopper.com/star-copper-drill-program-mobilizes-additional-rig-at-copper-creek-to-test-high-value-historic-target-in-bc/

3. Adelayde Exploration Acquires Sisson NW Tungsten Project, New Brunswick
Vancouver-based Adelayde Exploration (CSE: ADDY) announced plans to acquire the Sisson NW Tungsten Project from arm’s-length vendors, expanding its footprint in Eastern Canada’s critical mineral space.
https://www.adelaydeexp.com/2025/10/adelayde-exploration-acquires-the-sisson-nw-tungsten-project-in-new-brunswick/

🛠 Exploration & Development Highlights

Star Copper Corp. — Copper Creek Target, BC
Ongoing pad construction precedes drilling at two high-priority copper-gold zones defined by 2013 IP surveys and 2025 fieldwork. The program seeks to validate a structurally controlled porphyry system.
https://starcopper.com/star-copper-drill-program-mobilizes-additional-rig-at-copper-creek-to-test-high-value-historic-target-in-bc/

Commerce Resources — Ashram Rare Earth & Fluorspar, Quebec
Ashram hosts one of the world’s largest potential fluorspar sources. The project’s next phase, under Mont Royal’s acquisition, aims to advance toward low-cost rare earth production from northern Quebec.
https://commerceresources.com/commerce-reshapes-management-team-in-preparation-for-renewed-development-focus-of-ashram-rare-earths-project-copy/

TNR Gold Corp. — Los Azules Copper Project (NSR Royalty)
McEwen Copper’s Feasibility Study confirmed Los Azules as a low-cost, long-life copper producer in Argentina. Vancouver-based TNR holds a 0.4 % NSR royalty, benefiting from potential near-term construction.
https://tnrgoldcorp.com/2025-news/tnr-gold-nsr-royalty-update-los-azules-feasibility-study-confirms-economically-robust-copper-project-with-leading-esg-performance/

💰 Financings & Market Moves

NioCorp Developments — $150.2 Million Direct Offering
NioCorp (NASDAQ: NB) priced a US $150.2 million at-the-market share offering to fund construction of its Elk Creek Project. Proceeds will advance niobium-scandium-titanium production plans.
https://www.niocorp.com/niocorp-announces-pricing-of-150-2-million-registered-direct-offering-of-common-shares-priced-at-the-market/

NioCorp Developments — Q3 Preliminary Results
NioCorp reported a record US $162.8 million cash balance and US $42.7 million net loss, reflecting non-cash warrant revaluations and Elk Creek drilling expenditures.
https://www.niocorp.com/niocorp-provides-preliminary-unaudited-financial-results-for-the-three-month-period-ended-september-30-2025/

Ares Strategic Mining — $10 Million LIFE Private Placement
The Vancouver-based company launched a private placement to raise up to C$10 million, funding development of its fluorspar operations.
https://www.aresmining.com/post/ares-strategic-mining-announces-lifeprivate-placement-offering-to-raise-up-to-10-000-000

Ares Mining — Summary of Offering
Details accompanying Ares’ current offering document outlining investor participation terms.
https://www.aresmining.com/post/summary-of-offering

🧬 Corporate & Policy

Mundoro Capital — BHP Option Agreement
Vancouver-based Mundoro (TSXV: MUN) granted BHP an option to earn-in on seven exploration licenses in Serbia’s Timok region, extending its global partnership model.
https://www.mundoro.com/post/mundoro-announces-option-agreement-with-bhp-for-exploration-licences-in-central-timok-serbia

JPMorgan Chase — $1.5 Trillion Resilience Plan
The bank unveiled a 10-year U.S. initiative spanning defense, energy, and advanced manufacturing sectors, with implications for North American supply chain security and critical minerals financing.
https://www.reddit.com/r/mining/comments/1o5iq78/jpmorgan_chase_launched_a_15t_plan_to_bolster_us/

🌄 On the Horizon

• Critical Minerals Momentum: Canadian projects in BC and Quebec underscore continued investor confidence in copper and rare earth exploration despite market volatility.

• Financing Resurgence: Multiple junior issuances (NioCorp, Ares, Commerce) signal robust capital appetite ahead of 2026 build-outs.

• Policy Alignment: Cross-border cooperation on critical minerals (BHP–Mundoro and U.S. financing initiatives) suggests renewed strategic integration between Canadian and U.S. supply chains.

I know this isn’t the kind of publication that usually asks for a sale, but in this case I hope you’ll let me step out a bit and, for a moment, help shape something that I think could be genuinely useful to savvy investors and executives like yourself.

Best case, you’ve secured something for $49 that helps you make smarter decisions, pays for itself in early opportunities and saves you hundreds in monthly fees.

Worst case, you’re out about what you’d drop at the beer cart or into the “water feature” on the 12th hole of a skins game…

👉 Here’s the link again — Lifetime Access $49

Enjoy the week all and send me your left over turkey recipes.

-Lee