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EGF Theramed Health (OTC:EVAHF) Stock, Option Chain

EGF Theramed Health Corp is an early-stage development company. It develops products, technologies, and diagnostic tools focused on personalized medical care including research with natural health and wellness products. The products serve the overall goal of improving health and elevating the human condition. The company explores many other medical areas including weight loss, skincare and heart disease.

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EGF Theramed Health Corp. (OTCPK:EVAHF) (CSE:TMED) (FSE:AUH) is very close to acquiring various dispensary targets in British Columbia.

EGF Theramed Signs Non-Binding LOI To Acquire Its First Cannabis Dispensary

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EGF THERAMED HEALTH CORP by EGF THERAMED HEALTH CORP.

EGF Theramed Health Corp

Panama&#8217;s President José Raúl Mulino strongly rejected President-elect Donald Trump&#8216;s suggestion to return the Panama Canal to U.S. control, highlighting potential tensions that could affect maritime trade through the critical waterway.
What Happened: &#8220;Every square meter of the Panama Canal and its adjacent zone belongs to Panama, and will continue to do so,&#8221; Mulino said in a video statement on Sunday. 
His response came after Trump told supporters at Turning Point&#8217;s &#8220;American Fest&#8221; that he would demand the canal&#8217;s return to U.S. control, citing concerns over fees and fair treatment, <a href="https://thehill.com/policy/international/5053110-president-of-panama-fires-back-at-trump-canal-belongs-to-panama/">reported</a> The Hill.
"It was given to Panama and to the people of Panama, but it has provisions. You got to treat us fairly and they haven't treated us fairly," Trump said. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f1f5;&#x1f1e6; Mensaje del Presidente José Raúl Mulino &#x1f1f5;&#x1f1e6; <a href="https://t.co/DMXU8qAuNT">pic.twitter.com/DMXU8qAuNT</a>
&mdash; José Raúl Mulino (@JoseRaulMulino) <a href="https://twitter.com/JoseRaulMulino/status/1870937535578333496?ref_src=twsrc%5Etfw">December 22, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The Panama Canal, transferred to Panamanian control in 1999, serves as a crucial maritime route connecting the Atlantic and Pacific oceans. The waterway handles <a href="https://www.benzinga.com/news/19/07/14072752/commentary-expansion-of-the-panama-canal-benefits-global-trade">approximately 12,000 vessel transits</a> annually and is particularly vital for U.S. East Coast ports, which have seen stronger cargo growth since the canal&#8217;s 2016 expansion.
Mulino defended the canal&#8217;s fee structure, explaining that rates &#8220;are established publicly and in an open hearing, taking into account market conditions, international competition, operating costs, and maintenance needs.&#8221; 
See Also: <a href="https://www.benzinga.com/24/12/42639340/bernie-sanders-is-all-for-canada-becoming-the-51st-state-if-the-u-s-will-also-adopt-universal-healthcare">Bernie Sanders Is &#8216;All For&#8217; Canada Becoming The 51st State If The U.S. Will Also Adopt Universal Healthcare</a>
Why It Matters: The canal&#8217;s significance to U.S. trade is substantial. According to <a href="https://www.benzinga.com/partner/cryptocurrency/24/12/42507134/hive-digital-technologies-nasdaq-hive-experiences-monumental-month-amid-tech-tailwinds-tri">FreightWaves data</a>, shipping costs from Asia to U.S. East Coast ports via the canal are approximately $1,400 higher per standard forty-foot container compared to West Coast routes, reflecting the waterway&#8217;s strategic importance in global trade.
Recent challenges include climate-related issues, with the Panama Canal Authority implementing additional fees due to historically low water levels. In 2019, total rainfall dropped 20%, affecting the Gatun and Madden Lakes that <a href="https://www.benzinga.com/partner/cryptocurrency/24/12/42507134/hive-digital-technologies-nasdaq-hive-experiences-monumental-month-amid-tech-tailwinds-tri">supply the canal</a>.
Despite the diplomatic tension, Mulino expressed hope for maintaining strong bilateral relations with the incoming Trump administration, particularly on security issues like illegal migration and drug trafficking. However, he emphasized that Panama&#8217;s sovereignty over the canal is &#8220;not negotiable.&#8221;
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/12/42638957/warren-buffetts-timeless-advice-if-youre-gonna-do-dumb-things-because-your-stock-goes-down-you-shouldnt-own-a-stock-at-all">Warren Buffett&#8217;s Timeless Advice: &#8216;If You&#8217;re Gonna Do Dumb Things Because Your Stock Goes Down, You Shouldn&#8217;t Own A Stock At All&#8217;</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Global

Trump's Call To Reclaim Panama Canal Sparks Backlash: 'Every Square Meter Belongs To Panama,' Says President Mulino

Sen. <a href="https://www.benzinga.com/personal-finance/24/12/42494409/bernie-sanders-proposes-taxing-income-over-1-billion-at-100-and-urges-its-time-to-make-greedy-billionaires-pay-their-fair-share">Bernie Sanders</a> has sparked conversation on social media with a post tying universal health care to an idea floated by President-elect <a href="https://www.benzinga.com/markets/24/11/41869001/heres-how-trumps-policies-might-shape-the-markets-future">Donald Trump</a>. According to The Associated Press (AP), at a dinner with Canadian Prime Minister Justin Trudeau in November, Trump jokingly suggested that Canada become the 51st state of the United States of America.&nbsp;
In Sanders' post on X, he wrote: "Trump has suggested that Canada become the 51st state in our union. Does that mean we can adopt the Canadian health care system and guarantee health care to all, lower the cost of prescription drugs and spend 50% less per capita on health care? I&#8217;m all for it."
Don't Miss:
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<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.</li>
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Sanders, a longtime proponent of universal health care, has drawn attention to Canada's single-payer health care model. According to the Canadian Institute for Health Information (CIHI), in 2020, Canada&#8217;s per capita spending on health care was CA$7,507 (USD$5,220), less than half the United States per capita spending of CA$15,275 (USD$10,622). Sanders has frequently criticized the <a href="https://www.benzinga.com/personal-finance/24/12/42491306/is-u-s-health-insurance-failing-the-sickest-and-poorest-new-study-reveals-49-million-americans-lack-proper-health-coverage">U.S. health care system</a> for its high costs and gaps in access.
Trump's comment about Canada becoming the 51st state was made during a meeting with Trudeau at Mar-a-Lago in November. The meeting, which followed Trump&#8217;s threats to impose a 25% tariff on Canadian goods, came at Trudeau's request. According to AP, the meeting was overall positive and covered subjects including trade, border security, fentanyl, defense, Ukraine, NATO, China and pipelines.&nbsp;
See Also: Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!</a>
The notion of Canada becoming a U.S. state has been explored, typically as a thought experiment. Constitutional experts cited by the National Post highlighted the significant political, legal and cultural hurdles such a transition would face. Both nations must agree to monumental changes, including constitutional amendments in the U.S. and Canada relinquishing its sovereignty.
AP also pointed out that Canada is a vital economic partner to the U.S., with 77% of its exports going to American markets. Canada also supplies critical resources, such as energy and minerals, to the U.S., which would make any trade disruption mutually damaging.
Trending: Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a>
While Trump's statehood comment may not have been serious, Sanders' response has reignited debates over health care in the U.S. Many Americans consider Canada's system a model for reducing costs and improving access. However, opponents argue that implementing such a system in the U.S. would be complicated and expensive.
Though the concept of Canada becoming the 51st state remains speculative at best, it has provided a platform for renewed discussion on trade, immigration and health care<a href="https://www.benzinga.com/government/regulations/24/11/41866438/donald-trumps-second-term-could-reshape-us-healthcare-system-with-major-impacts-on-affordable-care-act-and-medicare"> policy</a>. Whether prompted by Sanders&#8217; advocacy for universal health care or Trump's tariff threats, the conversation underscores the interconnectedness of U.S.-Canada relations.
Read Next:
<ul>
<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
<li><a href="https://www.benzinga.com/money/62-years-old-with-1-mil-saved">I&#8217;m 62 Years Old And Have $1.2 Million Saved. Is This Enough to Retire Stress-Free?</a></li>
</ul>

Bernie Sanders Is 'All For' Canada Becoming The 51st State If The U.S. Will Also Adopt Universal Healthcare

News Corporation ("News Corp" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWS#NASDAQ">NWS</a>, NWSA: ASX: NWS, NWSLV)) announced today that it has entered into a definitive agreement for the sale of Foxtel Group ("Foxtel") to DAZN Group Limited ("DAZN"), a premier global sports streaming platform.
Under the terms of the agreement, shareholder loans in the amount of A$578 million outstanding and owing to News Corp will be repaid in full in cash at closing. Foxtel's current debt will be refinanced at closing and transfer with Foxtel, and News Corp will hold a minority equity interest in DAZN of approximately 6% as well as one seat on its Board of Directors. Telstra Group Ltd ("Telstra") will also sell its minority interest in Foxtel, have its shareholder loans of A$128 million repaid, and take a minority stake in DAZN of approximately 3%. The proposed transaction values Foxtel at an enterprise value of A$3.4 billion, representing more than 7x fiscal 2024 Foxtel EBITDA.

Asset Sales

NWSA

News Corp Announced Agreement To Sell Foxtel To DAZN For Enterprise Value Of A$3.4B

Faraday Future Intelligent Electric Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>) ("FF", "Faraday Future", or "Company"), a California-based technology company specializing in artificial intelligence electric vehicles (AIEV), announced that it has secured approximately $30 million in cash financing commitments. The funds will be used to accelerate the Company's growth and the development of Faraday X (FX), FF's strategy of launching affordable high performance AIEV equipped vehicles with cutting edge technology, filling the U.S. market gap in this segment, and for general corporate purposes.
The $30 million financing commitment includes a pre-funded $7.5 million, which was received in the fourth quarter of this year, and $22.5 million in new cash commitments (the "Financing"), structured in the form of unsecured convertible notes ("Convertible Notes") and warrants to acquire additional shares of the Company's common stock ("Warrants"). The conversion price for the Convertible Notes and exercise price for the Warrants are $1.16 and $1.392 per share, respectively, subject to adjustment as set forth therein. The shares of common stock underlying the Convertible Notes and Warrants issued in the Financing are currently unregistered, subject to trading restrictions, and not immediately tradable. The Financing is subject to customary closing conditions. For additional information regarding the material terms relating to the Financing, please see the Company's Form 8-K to be filed with the SEC on December 23, 2024.

Financing

FFIE

Faraday Future Secured $30M In Cash Financing Commitments For AI Electric Vehicle Development

Reid Hoffman, LinkedIn co-founder and major Democratic donor, has revealed he has faced violent threats and had to hire security following accusations fueled by Elon Musk. 
What Happened: The claims, made by Musk on social media platform X and during interviews, allege a connection between Hoffman and Jeffrey Epstein, the late convicted sex offender.
Hoffman <a href="https://www.thetimes.com/business-money/companies/article/linkedin-founder-reid-hoffman-ive-had-threats-of-violence-since-musk-slanders-nfclq2s0r">told</a> The Sunday Times that Musk&#8217;s comments stemmed from &#8220;convictions with no evidence.&#8221; Musk, the CEO of Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), replied with the &#8220;100&#8221; emoji to an X post suggesting Hoffman had visited Epstein's private island.
Musk also implied during an interview with Tucker Carlson that Hoffman was one of the "billionaires behind Kamala" Harris, fearful of Epstein's client list being released.
"Elon's defamation makes me angry and sad," Hoffman said. "Angry because it is an ugly assault. Sad because it comes from someone whose entrepreneurial achievements I continue to admire." Hoffman declined to share details of the threats but confirmed he had hired security in response.
Also Read: <a href="https://www.benzinga.com/general/entertainment/22/06/27557540/musk-says-he-wants-to-see-epstein-maxwell-client-list-twitterati-cant-stop-trolling-him-3">Musk Asks Why Epstein-Maxwell Client List Hasn&#8217;t Leaked, Responds To Twitter User Who Suggested He Was A Client Himself</a>
Hoffman admitted to a past interaction with Epstein, apologizing in 2019 for inviting him to a 2015 dinner party with tech luminaries, including Musk, Mark Zuckerberg, and Peter Thiel. At the time, Hoffman said he relied on assurances from MIT Media Lab that Epstein's involvement in fundraising had been vetted. 
He later expressed regret, writing to Axios, "By agreeing to participate in any fundraising activity where Epstein was present, I helped to repair his reputation and perpetuate injustice. For this, I am deeply regretful."
Hoffman has denied attending any Epstein-related events, stating, "I went to no Epstein parties. I didn't even know who he was."
The controversy emerges as Musk strengthens ties with President elect Donald Trump, co-chairing DOGE alongside entrepreneur Vivek Ramaswamy. 
Hoffman, a vocal supporter of Vice President Kamala Harris, has used X to oppose Trump's political campaigns, describing them as a "scam."
Read Next
<a href="https://www.benzinga.com/general/social-media/24/11/42152805/elon-musk-agrees-that-people-want-to-see-jeffrey-epstein-files">Elon Musk Agrees That People Want To See Jeffrey Epstein Files</a>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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LinkedIn Cofounder Reid Hoffman Says Musk's Baseless Jeffrey Epstein Claims Forced Him To Hire Security: 'Elon's Defamation Makes Me Angry'

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