Nordic Resources (NNL:AU) has announced A$3.5M Institutional Placement and New Chairman Appointed
Download the PDF here.
Nordic Resources (NNL:AU) has announced A$3.5M Institutional Placement and New Chairman Appointed
Download the PDF here.
Kaiser Reef Limited (“Kaiser”, or “the Company”) (ASX:KAU) is pleased to announce that the first 10 days of ownership of the Henty Gold Mine has progressed to plan and the operation continues to bed in under Kaiser ownership.
Highlights
The first gold pour under Kaiser’s ownership has likely exceeded 1,200oz of gold, and is currently in transit to the Perth Mint for refining and outturn.
The acquisition of the Henty Gold Mine has positioned Kaiser as a multi-asset gold producer with significant growth potential.
Brad Valiukas, Kaiser’s executive Director – Operations commented:
“It’s been an excellent start for Kaiser at Henty, the team is transitioning well, and operational performance has been excellent. We are well positioned to build on the success that Catalyst has had at Henty, as it becomes our flagship asset. Kaiser is now a significantly stronger Company with the incorporation of Henty, and we look forward to advancing our assets and the Company.”
Key highlights of the Henty Gold Mine include:
For further information in respect to the acquisition, please refer to the Company’s ASX Announcement dated 24 March 2025.
Click here for the full ASX Release
/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/
finlay minerals ltd. (TSXV: FYL) (OTCQB: FYMNF ) (‘Finlay’ or the ‘Company’) is pleased to announce that it intends to complete a non-brokered private placement (the ‘ Private Placement ‘) consisting of the issuance of any combination of: (i) common shares of the Company to be issued on a flow-through basis under the Income Tax Act ( Canada ) (each, a ‘ FT Share ‘) at a price of $0.11 per FT Share, and (ii) non-flow-through units of the Company (each, a ‘ NFT Unit ‘) at a price of $0.10 per NFT Unit, for aggregate gross proceeds to the Company of up to $1,000,000 . The Private Placement is subject to a minimum offering amount of $500,000 to be raised through any combination of FT Shares and NFT Units.
Each NFT Unit will be comprised of one non-flow-through common share of the Company (each, a ‘ NFT Share ‘) and one non-flow-through common share purchase warrant (a ‘ Warrant ‘). Each Warrant will be exercisable by the holder thereof to acquire one NFT Share at an exercise price of $0.20 per NFT Share for a period of two years from the date of issuance of the Warrant (the ‘ Warrant Expiry Date ‘), subject to acceleration. The Warrant Expiry Date may, at the Company’s sole discretion, be accelerated if at any time following the Closing Date (as defined herein), the common shares of the Company trade at a daily volume-weighted average trading price above $0.30 per common share for a period of 30 consecutive trading days on the TSX Venture Exchange (the ‘ TSXV ‘) or on such other stock exchange where the majority of the trading occurs (the ‘ Trading Target ‘) and the Company provides notice to the Warrant holders by way of press release announcing that such Trading Target has been achieved, provided that the accelerated expiry date of the Warrants falls on the earlier of (unless exercised by the holder prior to such date) (the ‘ Accelerated Expiry Date ‘): (i) the 30th day after the Company provides notice to the Warrant holders of its intention to accelerate the Warrant Expiry Date; and (ii) the Warrant Expiry Date. The failure of the Company to give notice in respect of a Trading Target will not preclude the Company from giving notice of any subsequent Trading Target. All Warrants that remain unexercised following the Accelerated Expiry Date shall immediately expire and all rights of holders of such Warrants shall be terminated without any compensation to such holders.
The Company intends to use the gross proceeds of the Private Placement for exploration of the Company’s SAY, JJB and Silver Hope properties, and for general working capital purposes. The Company will use the gross proceeds from the issuance of FT Shares to incur ‘Canadian exploration expenses’ and qualify as ‘flow-through mining expenditures’, as such terms are defined in the Income Tax Act ( Canada ).
Subject to compliance with applicable regulatory requirements, the Private Placement is being conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions and in reliance on the Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption . The securities issued to purchasers in the Private Placement will not be subject to a hold period under applicable Canadian securities laws. There is an offering document related to the Private Placement that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.finlayminerals.com . Prospective investors should read this offering document before making an investment decision.
The closing of the Private Placement is expected to occur on or about June 9, 2025 (the ‘ Closing Date ‘). The closing of the Private Placement is subject to certain closing conditions, including the approval of the TSXV. The Company may pay finder’s fees in cash and securities to certain arm’s length finders engaged in connection with the Private Placement, subject to the approval of the TSXV.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933 , as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.
About finlay minerals ltd.
Finlay is a TSXV company focused on exploration for base and precious metal deposits through the advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and central BC. Each property is located in areas of recent development and porphyry discoveries with the advantage of hosting the potential for new discoveries.
Finlay trades under the symbol ‘FYL’ on the TSXV and under the symbol ‘FYMNF’ on the OTCQB. For further information and details, please visit the Company’s website at www.finlayminerals.com
On behalf of the Board of Directors,
Robert F. Brown ,
Executive Chairman of the Board & Director
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information: This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as ‘expect’, ‘plan’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘schedule’, ‘forecast’, ‘budget’, ‘estimate’, ‘intend’ or ‘believe’ and similar expressions or their negative connotations, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’, ‘should’ or ‘might’ occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the terms and completion of the Private Placement, raising the minimum and maximum amounts of the Private Placement, the payment of finder’s fees and issuance of finder’s securities, the anticipated closing date and the planned use of proceeds for the Private Placement. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include the ability to obtain regulatory approval for the Private Placement, the state of equity markets in Canada and other jurisdictions, market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements, and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.
SOURCE finlay minerals ltd.
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Ramp Metals Inc. (TSXV: RAMP) (‘Ramp Metals’ or the ‘Company’) is pleased to announce that the Company has closed its previously announced non-brokered private placement financing (the ‘Financing’) for total proceeds of $3,464,917.74. Due to investor demand, the Company increased the size of the flow-through portion of the Financing from $2.3M to approximately $3.07M.
In the Financing, Ramp Metals issued and sold an aggregate of 1,481,482 charity flow-through common shares (the ‘CFT Shares‘) at a price of $2.07 per CFT Share, plus 295,000 common shares (the ‘Common Shares‘) at a price of $1.35 per Common Share. No finder’s fees were payable in connection with the Financing.
The Company plans to use the proceeds from the issuance of CFT Shares for critical mineral exploration expenses at the Company’s Rottenstone SW property in Saskatchewan, Canada. The proceeds from the sale of the Common Shares will be used for both exploration expenses and general working capital.
All securities issued in the Financing are subject to a hold period in Canada until September 24, 2025, in accordance with applicable securities laws.
The CFT Shares will qualify as ‘flow-through shares’ (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the ‘Tax Act‘). An amount equal to the gross proceeds from the issuance of the CFT Shares will be used to incur eligible resource exploration expenses which will qualify as (i) ‘Canadian exploration expenses’ (as defined in the Tax Act), (ii) as ‘flow-through critical mineral mining expenditures’ (as defined in subsection 127(9) of the Tax Act), and (iii) as ‘eligible flow-through mining expenditures’ within the meaning of The Mineral Exploration Tax Credit Regulations, 2014 (Saskatchewan) (collectively, the ‘Qualifying Expenditures‘). Qualifying Expenditures in an aggregate amount not less than the gross proceeds raised from the issuance of the CFT Shares will be incurred (or deemed to be incurred) by the Company on or before December 31, 2026 and will be renounced by the Company to the initial subscribers of the CFT Shares with an effective date no later than December 31, 2025.
The closing of the Financing remains subject to the approval of the TSX Venture Exchange.
About Ramp Metals Inc.
Ramp Metals is a grassroots exploration company with a focus on a potential new Saskatchewan gold district. The Company currently has new high-grade gold discovery of 73.55 g/t Au over 7.5m at its flagship Rottenstone SW property. The Rottenstone SW property comprises 32,715 hectares and is situated in the Rottenstone Domain.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS
This news release contains ‘forward-looking statements’ within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or may contain statements that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘will continue’, ‘will occur’ or ‘will be achieved’. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the completion of the Financing, the use of proceeds therefrom, and the Company’s exploration activities.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
For further information, please contact:
Ramp Metals Inc.
Jordan Black
Chief Executive Officer
jordaneblack@rampmetals.com
Prit Singh
Director
905 510 7636
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253365
News Provided by Newsfile via QuoteMedia
The 2025 Women’s College World Series field is set.
No. 2 Oklahoma dominated No. 15 Alabama in the super regionals, advancing to Oklahoma City for the ninth consecutive time while also searching for its fifth straight national championship. No. 12 Texas Tech earned its first ever WCWS appearance, and Tennessee and Texas fought back from Game 1 losses to advance.
The eight-team field was finalized on Sunday with four ‘if necessary’ games: No. 3 national seed Florida downed Georgia 5-2 in the Gainesville Super Regional; No. 7 seed Tennessee beat Nebraska in the Knoxville Super Regional; No 9 UCLA beat No. 8 South Carolina in the Columbia Super Regional; and unseeded Ole Miss beat No. 4 seed Arkansas in the Fayetteville Super Regional.
Here’s the full bracket and schedule for the 2025 WCWS, which kicks off May 29:
All times Eastern
All times Eastern.
Thursday, May 29
Friday, May 30
Saturday, May 31
Sunday, June 1
Monday, June 2
WCWS finals
Pittsburgh Pirates outfielder Oneil Cruz entered Sunday holding the record for the hardest-hit ball in the Statcast era.
He’s broken his own record.
Cruz launched a ball 122.9 miles per hour off the bat and into the Allegheny River for a solo home run in Sunday’s home contest against the Milwaukee Brewers. The ball left the stadium in quick fashion to get Pittsburgh on the scoreboard, although the Pirates lost the contest 6-5.
The Statcast era began in 2015. The previous record, held by Cruz, was a single on Aug. 24, 2022 against the Atlanta Braves that came off the bat at 122.4 mph.
‘I connected really well. It feels even better just to know that it’s the hardest-hit ball in the history of Statcast,’ Cruz said postgame through an interpreter.
Pittsburgh manager Don Kelly joked he was glad the hit went out of the stadium because ‘if that would’ve been into the stands, that thing is flying.’
Even though he didn’t make his MLB debut until 2021, Cruz now owns the two hardest-hit balls in the past 10 years. Cruz owns three of the top 10 hardest-hit balls in the Statcast era, a list that is heavily occupied by him and the New York Yankees’ Giancarlo Stanton.
Although these are the hardest hits in the Statcast era, not all of them had the same result. Here are the fastest speeds off the bat since 2015:
The first step to Omaha and the College World Series is complete, as the NCAA selection committee released the regional host sites for the 2025 NCAA baseball tournament on Sunday.
Despite an early exit from the SEC baseball tournament, Texas undoubtedly received the right to host a regional at UFCU Disch-Falk Field in Austin, Texas. After being on the bubble of hosting a regional, defending national champion Tennessee, received the invite to host the Knoxville Regional for the fourth time in the last five years after reaching the semifinals of the SEC tournament.
The full NCAA baseball tournament bracket and schedule, including the full seedings, will be revealed on May 26 at noon ET. The College World Series field has already been partially filled with automatic bids from conference championships.
The regional round of the NCAA baseball tournament gets underway on May 30. From there, the 64 teams that make the bracket will look to become one of the eight teams that secure a spot at the College World Series, which starts on June 13.
Here’s what you need to know about who is hosting a regional in the NCAA baseball tournament and more:
Watch the NCAA baseball tournament live with Fubo (free trial)
The SEC, which has been the conference to beat this entire season, landed eight of the regional host sites in Sunday’s announcement.
Here’s a full breakdown of the regional site location for the NCAA baseball tournament, which were listed in alphabetical order by the NCAA.
Here’s a look at the important dates for the 2025 NCAA baseball tournament schedule:
ESPN2 will carry the NCAA baseball tournament bracket reveal show on Monday, May 26 at noon ET. Streaming options include the ESPN app (with a TV login) and Fubo, which carries the ESPN family of networks and offers a free trial to new subscribers.
The New York Knicks are still alive.
The Knicks erased a 20-point, second-quarter deficit, chipping away in the second half, and scraped past the Indiana Pacers on Sunday night in Game 3 of the Eastern Conference finals, 106-100.
New York rode a massive fourth quarter from Karl-Anthony Towns, who scored 20 of his 24 points in the final period. Towns had shot just 2-of-8 through the first three quarters, scoring just four points in that span, but was far more aggressive in the fourth attacking the paint and getting to the line.
The Knicks will now look to even the series Tuesday in Game 4 (8 p.m. ET, TNT), as the road team now has won each of the three games in this series.
Going back to the end of the second quarter, New York closed that and each of the subsequent periods on a run. And in each case, the outbursts were sparked on defense. The Knicks had struggled all series long with their defensive effort and intensity, at times losing Pacers in transition and watching as their teammates got beat off the ball.
In the second half, however, the Knicks swarmed the ball and generated turnovers, slowing the Pacers. It also led to a quicker, more assertive offense from New York.
Indiana’s offense, as a result, struggled to find consistency in the third and fourth quarters, going several minutes without field goals.
Towns led the Knicks with 24 points and 15 rebounds, while Jalen Brunson poured in another 23.
Pacers point guard Tyrese Haliburton led the Pacers with 20 points, while Indiana center Myles Turner added 19 points.
See all the highlights from USA TODAY Sports from the Knicks vs. Pacers Game 3:
Karl-Anthony Towns’ 24-point performance – 20 of which came in the fourth quarter – helped spark the Knicks to a must-have win in Game 3.
Pacers forward Aaron Nesmith, who went to the locker room with a sprained right ankle in the third quarter, returned with less than 7 minutes remaining in the fourth after the Knicks had tightened the score.
The Pacers produced a 6-0 scoring run to maintain a 68-52 lead with eight minutes left in the third quarter.
The Knicks produced a scoring run of their own, outscoring the Pacers with a 7-2 run to end the quarter.
Tyrese Haliburton has 13 points and six assists through the first three quarters. Myles Turner scored 15 points and T.J. McConnell added 12 points off the bench.
Jalen Brunson leads the Knicks with 17 points despite shooting 4-for-14 from the field. He has made all eight of his free throw attempts, but is playing with four fouls. OG Anunoby has scored 16 points.
The Pacers are 6-0 during this postseason run when leading at the end of the third quarter.
Pacers forward Aaron Nesmith went back to the locker room after suffering a right ankle sprain during the third quarter. He is considered questionable to return, according to TNT.
The New York Knicks are on the brink.
Already down 0-2 in the Eastern Conference finals, the Knicks sputtered in the second quarter of Game 3 and now face a 13-point deficit at the break, 58-45.
The Pacers exploded late in the quarter with a 13-0 run sparked by their defense, while Indiana’s offense is getting contributions from everywhere; each of the 10 Pacers who have entered the game have scored. But the second quarter run was led by All-Star point guard Tyrese Haliburton, who has nine points and four assists at the half.
New York would respond to close the half, going on an 8-2 run to end the second quarter just minutes after Indiana had opened its biggest lead of the game, at 20 points.
Knicks center Karl-Anthony Towns struggled in the first half, both with his shot selection and with his discipline. Towns picked up a careless foul with three seconds left in the first quarter and then was whistled for two more in the following 5:50 of the second quarter — three fouls in a span of fewer than six minutes. Towns has just four points on 2-of-7 shooting.
He isn’t the only player in foul trouble. More precarious for New York is that Jalen Brunson, the team’s unquestioned leader and top offensive threat, picked up his fourth foul late in the half.
Brunson leads all Knicks scorers with 11 points on just 2-of-9 shooting, while Mikal Bridges and OG Anunoby have chipped in seven points and 10 points, respectively.
The Knicks started the quarter fast, taking an 11-6 lead, their largest of the first quarter, before giving it away. They trail, 30-26.
Indiana went on a 10-4 run to take its first lead of the game after Ben Sheppard made a 3-point shot off an assist from Tyrese Haliburton.
Myles Turner scored five points after shooting 2-for-3 from the field. Haliburton had four points, two assists and two rebounds.
The Pacers’ bench contributed 13 points, while the Knicks’ reserves nearly went scoreless before Josh Hart added two points late.
Jalen Brunson scored 11 points for the Knicks after shooting 2-of-6 from the field.
Game 3 of the NBA Eastern Conference finals between the Indiana Pacers and New York Knicks is set to start at 8 p.m. ET, on Sunday May 25.
Watch Pacers vs. Knicks Game 3 on Fubo
The New York Knicks, down 0-2 in the Eastern Conference finals, are making a change to their starting lineup.
Center Mitchell Robinson will be on the floor for tipoff, replacing forward Josh Hart, who has struggled in the series.
Hart, who scored just six points on 2-of-3 shooting Friday night in New York’s 114-109 loss, had started all 77 regular-season games he appeared in this season, as well as the team’s 14 postseason games. Known for being a high-energy player who excels on the glass and pushes the ball up the floor, Hart had been finding it difficult to make an impact against the Pacers.
Robinson has been a steady spark off the bench for Knicks coach Tom Thibodeau, particularly on offensive rebounding and defensive rotations.
Alex Palou, who wore a Tyrese Haliburton jersey during the Indy 500 parade through downtown Indianapolis on Saturday, and his team planned for a possible Game 3 trip.
The Indy 500 winner greeted the crowd at Gainbridge Fieldhouse, wearing the winner’s ring and wreath, during the second quarter. His attendance came just hours after becoming the first Spaniard to win the legendary race held in Indianapolis since 1911.
Alex Palou finally got the one piece missing from his IndyCar resume: an Indianapolis 500 victory.
The three-time IndyCar Series champion passed Marcus Ericsson with 14 laps remaining and held off the 2022 Indy 500 winner and 2023 runner-up to win the ‘Greatest Spectacle in Racing’ under caution as Nolan Siegel before the leaders took the checkered flag.
Palou, driving the No. 10 Chip Ganassi Racing Honda, became the first Spaniard to win the legendary race that dates back to 1911.
“I cannot believe it. It’s amazing to be here. It’s amazing to win,” an overwhelmed Palou said after climbing from his car. “First oval win. What better place.” ‒ Ellen J. Horrow
According to ESPN’s Matchup predictor, the Indiana Pacers have a 59.6% chance of beating the New York Knicks in Game 3.
Staff writes: ‘The Pacers have covered the spread in the same percentage of games at home as away games (46.3%). They have covered 19 times in 41 games at home and 19 times in 41 games on the road. At home, Indiana exceeds the over/under 53.7% of the time (22 of 41 games). It hits the over in the same percentage of road games (22 of 41 contests).’
Staff writes: ‘ The Pacers average 117.4 points per game (seventh in the league) while allowing 115.1 per outing (17th in the NBA). They have a +183 scoring differential overall and outscore opponents by 2.3 points per game. The Pacers pull down 41.8 rebounds per game (27th in the league) while allowing 45.0 per outing to their opponents. They are outrebounded by 3.2 boards per game.’
The Indiana Pacers are favored to win Game 3, according to BetMGM.
Odds as of Saturday, May 24.
Pacers lead series 2-0
Alex Palou finally got the one piece missing from his IndyCar resume: an Indianapolis 500 victory.
The three-time IndyCar Series champion passed Marcus Ericsson with 14 laps remaining and held off the 2022 Indy 500 winner and 2023 runner-up to win the ‘Greatest Spectacle in Racing’ under caution as Nolan Siegel crashed before the leaders took the checkered flag.
Palou, driving the No. 10 Chip Ganassi Racing Honda, became the first Spaniard to win the legendary race that dates back to 1911.
“I cannot believe it. It’s amazing to be here. It’s amazing to win,” an overwhelmed Palou said after climbing from his car. “First oval win. What better place.”
Palou had been the dominant driver in the NTT IndyCar Series in recent years, capturing season championships in 2021, 2023 and 2024. The 28-year-old won 13 races during that period, but surprisingly, none had come on an oval until Sunday.
“It was tough conditions out there, especially when you were like third or fourth in the pack,” Palou continued. “The team wanted me to lead, I wanted to lead obviously but I made it happen. I already lost my voice and I haven’t even started celebrating.”
Ericsson, driving the No. 28 Andretti Global Honda, finished second. He was followed by David Malukas in third, Pato O’Ward in fourth and Felix Rosenqvist in fifth.
Four-time Indy 500 champion Helio Castroneves finished 13th, while two-time defending race winner Josef Newgarden finished 25th after suffering mechanical difficulties.
NASCAR star Kyle Larson, seeking to become the first driver since Tony Stewart in 2001 to complete the motor sports double – racing the Indy 500 and Coca-Cola 600 on the same day – crashed on Lap 92 and finished 27th. He boarded a helicopter immediately after his crash to take a plane to Charlotte, North Carolina, for the marathon NASCAR Cup Series race.
USA TODAY Sports provided complete coverage of the 2025 Indianapolis 500. Scroll below for a recap and highlights of all the action:
Here are the top-10 finishers in the 2025 Indy 500 (with car number in parentheses, team and car manufacturer):
2025 INDY 500 RESULTS: Full finishing order from Sunday’s race
INDIANAPOLIS — Indianapolis 500 winner Alex Palou said he would attend Game 3 of the Eastern Conference Finals on Sunday night. He finished in plenty of time to kiss the bricks, drink the milk, celebrate with fans and conduct countless interviews before heading downtown.
The Indiana Pacers hold a 2-0 lead on the New York Knicks as they host the back end of the ‘Racers and Pacers’ doubleheader at Gainbridge Fieldhouse.
‘That will be good,’ Palou said of catching the NBA playoff game in person as the new Indy 500 champion. — Scott Horner, IndyStar
Alex Palou had two very important things to do after winning the 2025 Indy 500: celebrate in victory lane with a bottle of milk then head back to the yard of bricks at the start-finish line for another Indianapolis Motor Speedway tradition. Kissing the bricks actually began when Dale Jarrett won NASCAR’s Brickyard 400 in 1996, but it soon became a tradition embraced by Indy 500 winners as well.
Chip Ganassi likes winners. That’s long been the motto of the IndyCar team owner, who added another title to his legacy with Alex Palou’s victory in the 109th running of the Indy 500.
Palou had become a household name in the Indianapolis area after winning three of the past four IndyCar Series championships, and capturing the ‘Greatest Spectacle in Racing’ will only add to his popularity. But the Spanish racer still has a ways to go to reach the status of Indiana’s favorite female, Caitlin Clark, currently one of the most famous women in all of sports.
Watch below as Ganassi compares the 2025 Indy 500 champion to the Indiana Fever All-Star during his post-race press conference.
Marcus Ericsson has been one of the best racers at Indianapolis Motor Speedway in recent years, and the Swedish driver nearly got to celebrate again. After a nearly perfect final pit stop, the 2022 Indy 500 champion was leading with fewer than 20 laps remaining until Alex Palou passed him with 14 laps to go. Ericsson valiantly tried to chase Palou down in the closing laps but came up short, finishing 0.6822 seconds behind in the the 109th running of the legendary race.
‘Of course, finishing second is really tough. At the same time, congrats to Alex and Chip Ganassi Racing. Yeah, this one hurts, for sure,’ Ericsson said.
‘It’s just very frustrating. I was out in the lead there. I had that race covered and missed it. That’s going to be a tough one to swallow.’
It was the second time in three years the 34-year-old felt the sting of a missed opportunity after finishing second to Josef Newgarden in 2023 by a miniscule 0.0974 seconds.
The tradition started in 1936 when Louis Meyer drank buttermilk in victory lane. According legend, Meyer drank the milk because his mother said it would refresh him on a hot day.
A dairy industry executive saw a photo of Meyer drinking the milk and decided to offer it to winners thereafter. The Indiana Dairy Association became an official sponsor in the 1950s, and these days every driver is asked what kind of milk they prefer — whole, skim or 2% — just in case they get the opportunity to celebrate with it.
Alex Palou was one of 29 drivers to select whole milk before the race. — Rachel Bowers
Three-time IndyCar Series champion Alex Palou passed Marcus Ericsson with 14 laps remaining and held off the 2022 Indy 500 winner and 2023 runner-up to win the ‘Greatest Spectacle in Racing.’ Palou, driving the No. 10 Chip Ganassi Racing Honda, had 13 career IndyCar wins entering the day but had never won on oval until taking the checkered flag in the biggest race in his sport.
Marcus Ericsson, the 2022 winner and 2023 runner-up, was perfect on his final pit stop, blending back into the field with the lead. Ericsson, who started ninth in the No. 28 Andretti Global Honda, was running on an alternate strategy than some of the other leaders. He can run full throttle to the end compared to the drivers chasing him, who might need to save fuel. Alex Palou, the three-time IndyCar Series champion, runs second, David Malukas third, Pato O’Ward fourth and Felix Rosenqvist fifth.
Ryan Hunter-Reay, the 2014 Indy 500 winner who is driving a one-off race for Dreyer & Reinbold Racing/Cusick Motorsports, leads the field with 40 laps remaining. The next five drivers are all seeking their first win in the ‘Greatest Spectacle in Racing.’ Conor Daly runs second, David Malukas third, three-time IndyCar Series champion Alex Palou fourth, Santino Ferrucci fifth and Felix Rosenqvist sixth. Marcus Ericsson, the 2022 winner and 2023 runner-up, races in seventh.
Two-time defending Indianapolis 500 Josef Newgarden had raced his way through the field after starting 32nd following a qualifying penalty. Newgarden had moved all the way up to seventh when he came down pit lane for gas and tires. But after reentering the track, Newgarden was forced to come back down pit lane with a fuel pump issues. His Team Penske crew furiously tried to make repairs before announcing on Lap 140 of 200 that Newgarden was done for the day.
‘It’s tough not to have a shot at the end. I just wish we had a chance to fight for it,’ a disappointed Newgarden said.
Following a number of caution laps after Kyle Larson’s big crash, Devlin DeFrancesco led the field to green, while Conor Daly made a big move to grab second place as drivers raced four-wide. David Malukas ran third, three-time IndyCar champion Alex Palou fourth and Santino Ferruci fifth. Defending race winner Josef Newgarden, who was forced to start at the rear of the field following a qualifying penalty, has raced his way up to ninth. Newgarden is seeking to become the first driver to win the Indianapolis 500 three years in a row.
The historic Memorial Day weekend double attempt by Kyle Larson has come to an abrupt halt.
Larson, who had hoped to complete the Indy 500 and then jet roughly 430 miles to Charlotte, North Carolina, in time for NASCAR’s Coca-Cola 600, had his plans thwarted by a crash on Lap 92. Shortly after a green-flag restart, Larson lost control of his car as he was downshifting, causing him to spin out and slam into the outside wall. Kyffin Simpson and Sting Ray Robb were also caught up in the crash.
Larson is expected to continue his odyssey by flying by private jet to Charlotte Motor Speedway for this evening’s NASCAR race. The 2021 Cup Series champion was seeking to become the first driver since Tony Stewart in 2021 to complete the motor sports double.
‘Just hate that I got a little loose there on the restart and yeah, caused that crash. I hate it for everybody that also got caught up in it. Just bummed out,’ Larson said after getting checked and cleared in the medical center.
‘I’ll try to get over this quickly and get on to Charlotte and yeah, just forget about it and try to win next time.’ — Steve Gardner
Two-time winner Takuma Sato, who had been leading the race, skidded into his box on pit lane on a stop under caution and was forced to reverse back into his spot. Sato lost the lead and multiple positions on the stop.
Meanwhile, pole winner Robert Shwartzman had an even more disastrous stop, crashing into his crew members as he tried to stop in his box. The rookie, who shocked the motor sports world by earning the pole last Sunday, was racing in his first Indianapolis 500. His day came to an end with damage to his No. 83 Prema Racing Chevrolet.
Alexander Rossi, the 2016 Indianapolis 500 winner, caught a terrible break on Lap 75. Rossi brought his car down pit road for a splash of gas when his No. 20 Ed Carpenter Racing Chevrolet caught fire as the crew was fueling the car. Rossi was forced to quickly climb out of his car as crews rushed to extinguish the flames, but the fueler was taken to the medical center to check for burns.
The 33-year-old Rossi was seeking his second Indy 500 win.
‘It’s always a terrible situation and it’s so disappointing. That was such a phenomenal race car,’ Rossi said after his race ended. ‘That’s what’s so painful about this place is you have to have so many things go right, and it’s disappointing because it’s another opportunity gone. But it’s the way it goes.’
Fifty of 200 laps are complete in the 109th running of the Indy 500 with drivers hitting pit road under green nand shuffling up the leaderboard. Two-time Indy 500 winner Takuma Sato has retaken the lead, followed by Indiana native Conor Daly.
Following a short caution for light rain and pit stops for most of the field, Alexander Rossi, the 2016 Indy 500 winner, assumed the lead and led the field to green on a restart on Lap 31. But Christian Rasmussen passed him nearly immediately, with Rossi falling back to second and Ed Carpenter third. Rossi resumed the lead on Lap 34 with a pass on his Ed Carpenter Racing teammate, Rasmussen.
Two-time Indianapolis 500 champion Takuma Sato had taken the lead from pole sitter Robert Shwartzman and was leading the 109th running of the race on Lap 20 when the yellow flag came out for light rain. The start of the race had also been delayed for light rain.
The Andretti curse at Indianapolis has added yet another unfortunate chapter.
Marco Andretti, who started the race 29th in the Andretti Global Honda, collided with the car driven by Jack Harvey entering the first turn on the race’s first green lap (officially Lap 4) and was turned sideways into the outer wall.
It’s the second consecutive year Andretti will not finish in the Indy 500.
‘Once I was committed up there, I couldn’t move … I was kinda at the wall,’ Andretti told Fox Sports. ‘Whoever was next to me crowded me and I ran out of room.’
It also adds to his family’s misfortune at the Brickyard.
Not since family patriarch Mario Andretti did it 1969 has an Andretti family member won the Indianapolis 500. That, despite a number of close calls:
— Steve Gardner
The 33 drivers in the field for the 109th running of the Indianapolis 500 have taken the green flag to start the race after a short rain delay. The Indy 500 is scheduled for 200 laps and 500 miles.
Team Penske driver Scott McLaughlin was eliminated from the 109th running of the Indianapolis 500 when he crashed into inside wall during pace laps. McLaughlin was trying to warm up his tires by swerving on the track before the green flag flew but lost control on the cold track and slammed into the inside wall.
A devastated McLaughlin climbed out of his car and was visibly upset when his No. 3 Chevrolet was towed away. He was scheduled to start 10th on the inside of Row 4.
‘I can’t believe we’re out of the race. I had so much hope today,’ McLaughlin told Fox Sports.
‘By far, the worst moment of my life. I know it’s probably dramatic but … I put so much into this race. Everyone does. And I didn’t even get to see the green flag.’ — Steve Gardner
The green flag for the 109th running of the Indianapolis 500 is scheduled for 12:45 p.m. ET. Cars will begin arriving in pit lane between 9-9:20 a.m. ET, with the command to start engines at 12:38 p.m. ET.
The 2025 Indianapolis 500 will air on Fox, with the race set to begin at 12:45 p.m. ET. Pre-race coverage on Fox will start at 10 a.m. ET.
Fans can stream the Indy 500 with the Fox Sports app and at FoxSports.com, as well as with Fubo, which is offering a free trial to new subscribers.
Watch the 2025 Indy 500 on Fub
A few rain drips have started coming down at Indianapolis Motor Speedway, delaying the start of the 109th running of the Indianapolis 500. The rain is light, so the hope is that the race won’t be dayed too long. The forecast for today, according to AccuWeather, was for mostly cloudy skies with a high of 65 degrees Fahrenheit.
Here are the drivers starting in the first four rows on Sunday:
(Car number in parentheses, followed by driver, team, manufacturer; R=rookie; W=former winner)
STARTING GRID: Click here for full 33-car starting lineup
Josef Newgarden is the two-time defending Indy 500 champion and is looking to become the first driver to win the legendary event three years in a row. But in the leadup to Sunday’s race, Newgarden is drawing attention for another reason: the controversy and fallout at his race team.
The IndyCar Series determined Team Penske made illegal modifications to some of their cars, including Newgarden’s, during Indy 500 qualifying, and penalized the drivers by fining them and forcing them to start at the rear of the field. Roger Penske, who owns the race team – and also owns Indianapolis Motor Speedway and the IndyCar Series – fired the entire leadership of his IndyCar team in the wake of the scandal, making Newgarden’s attempt at a three-peat even more difficult.
— Jon Hoefling
The 2021 NASCAR Cup Series champion is attempting ‘The Double’ on Sunday by racing in both the Indy 500 for Arrow McLaren and the Coca-Cola 600 for Hendrick Motorsports. He’s ranked 10th to win the Indy 500 and the favorite to win the Coca-Cola 600, per BetMGM’s latest odds.
‘I enjoy challenges and I enjoy trying to learn on the fly,’ Larson told USA TODAY Sports ahead of his second attempt to drive in both events.
A rain delay at the Indy 500 last year kept Larson from making it to Charlotte for the Coca-Cola 600. With no rain in the weather forecast for Indianapolis, he’s ready for another attempt this year.
‘I wouldn’t be doing it, obviously, if I didn’t feel like I had a shot to win both,’ said Larson, who starts 19th at the Brickyard on the inside of Row 7.
— Ayrton Ostly
Prema Racing driver Robert Shwartzman is in pole position for the 2025 Indianapolis 500, the first rookie to qualify first since 1983. The Russian-Israeli driver posted a four-lap average speed of 232.790 miles-per-hour, nosing ahead of two-time Indy 500 winner Takuma Sato. — Jason Anderson
In keeping with tradition, the 2025 Indianapolis 500 is 200 laps around the 2.5-mile Indianapolis Motor Speedway for a total of 500 miles.
The honorary starter at the 2025 Indianapolis 500 will be Casey Irsay Foyt.
Irsay Foyt ‘will wave the flag to honor the irreplaceable and impactful legacy of her father, Jim Irsay, whose stewardship of the Indianapolis Colts and generous philanthropic efforts had a transformative impact across Central Indiana and the Hoosier State,’ per a press release from Indianapolis Motor Speedway. Jim Irsay, who owns the Colts, passed away Wednesday at the age of 65.
On top of her connections to the city of Indianapolis, Irsay Foyt is also very close to the world of motor racing. Her husband, A.J. Foyt IV, drove in IndyCar and NASCAR, and is the grandson of four-time Indy 500 champions A.J. Foyt. — Jason Anderson
Pro Football Hall of Famer Michael Strahan will drive the pace car at the 2025 Indianapolis 500. Strahan, now a host on ‘Good Morning America’ and a member of Fox’s NFL studio team, will drive a white 2025 Chevrolet Corvette ZR1 to pace the cars before the rolling start at Indianapolis Motor Speedway. — Jason Anderson
Drivers with the best odds to win 2025 Indianapolis 500 via BetMGM as of Sunday morning
From the start, he’s partnered with former Indianapolis 500 champion Bobby Rahal in what’s now known as Rahal Letterman Lanigan Racing (RLL).
David Letterman’s team has four drivers in the 109th running of the Indianapolis 500:
— Steve Gardner
The record for most Indianapolis 500 wins is four, held by four people: A.J. Foyt (1961, 1964, 1967, 1977), Al Unser (1979, 1971, 1978, 1987), Rick Mears (1979, 1984, 1988, 1991), and Helio Castroneves (2001, 2002, 2009, 2021).
Five drivers have won the Borg-Warner Trophy three times:
INDIANAPOLIS CHAMPIONS: See the full list of Indy 500 winners by year
Brown writes, ‘Is it predictable? Yes, but Palou has proven over the course of the last three months that picking against him is largely silly. He’s yet to win on an oval in his career, but the championship leader checks that box with the help of a pit crew that’s been nearly flawless all year and a car that’s been near the top of the charts virtually every session this month.’
Ferguson writes: It would be a statement weekend for (Chip) Ganassi to win after being outspoken about (Team) Penske. Dixon won in 2008 and has finished second three times and has five poles, so I’m trusting the veteran.’
Benbow writes: ‘This two-time Indy 500 champ has the skill, the experience and the IMS wisdom to become the oldest winner in history at 48.’
STAFF PICKS: Click here for more expert predictions from IndyStar
After a very strong move in the week before this one, the markets chose to take a breather. They moved in a wide range but ended the week on a mildly negative note after rebounding from their low point of the week. While defending the key levels, the markets largely chose to stay within a defined range. The trading range remained reasonably wide; the Nifty oscillated in a 600.55-point range over the past five sessions. The volatility inched modestly higher; the India Vix rose 4.40% to 17.28 on a weekly basis. While keeping its head above crucial levels, the headline index closed with a net weekly loss of 166.65 points (-0.67).
The coming week will be an expiry week; we will have monthly derivatives expiry playing out as well. Going by the options data, the Nifty has created a trading range between 25100 and 24500 levels. The markets are likely to consolidate in this 600-point trading range. A directional bias would emerge only if the Nifty takes out 25100 on the upside convincingly or ends up violating the 24500 level. While the underlying trend stays intact, the markets are unlikely to develop any sustainable trend so long as they do not move past the 25100 level. While the markets stay in the defined range, it would be prudent to vigilantly guard profits at higher levels and rotate sectors effectively to remain invested in the relatively stronger pockets.
The weekly RSI is at 60.14; it stays neutral and does not show any divergence against the price. The weekly MACD is bullish and stays above its signal line.
The pattern analysis shows that the Nifty has formed a trading range between 25100 on the higher side and 24500 on the lower side. This means that a directional bias would emerge only if Nifty moves past 25100 convincingly or violates the 24500 level. Until either of these two things happens, we will see the Nifty consolidating in this defined range. The Nifty has so far defended the pattern support level that also exists in the 24400-24500 zone.
Overall, the markets continue to remain in a challenging environment and face strong resistance near the 25100 level. So long as the Nifty stays below this level, it stays prone to corrective spikes, which may also keep volatility at slightly elevated levels as well. Given the current technical structure, it would be imperative that not only the sectors be rotated properly to stay invested in relatively stronger pockets, but all existing gains must also be vigilantly guarded at current levels by the investors. While continuing to keep leveraged exposures at modest levels, a cautious outlook is advised for the coming week.
In our look at Relative Rotation Graphs®, we compared various sectors against the CNX500 (NIFTY 500 Index), representing over 95% of the free-float market cap of all the listed stocks.
Relative Rotation Graphs (RRG) show that while the Nifty Consumption, PSU Bank, Infrastructure, Banknifty, FMCG, and Commodities indices are in the leading quadrant, all are showing a distinct slowdown in their relative momentum against the broader Nifty 500 Index. While these groups are likely to show resilience and may relatively outperform, except for the Consumption Index, they are giving up in favor of other sectors that are showing renewed relative strength.
The Nifty Financial Services Index has rolled inside the weakening quadrant. The Nifty Metal and Services Sector Indices are also inside the weakening quadrant.
While the Nifty Pharma Index continues to languish inside the lagging quadrant, the IT Index, which is also inside the lagging quadrant, is showing sharp improvement in its relative momentum against the broader markets.
The Nifty Realty, Auto, Midcap 100, and Energy Sector Indices are inside the improving quadrant. These groups are expected to continue bettering their relative performance against the broader markets.
Important Note: RRG charts show the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals.
Milan Vaishnav, CMT, MSTA
Consulting Technical Analyst