Business
REAlloys Appoints Canada’s former Ambassador to the United States David MacNaughton to Corporate Board of Directors
DALLAS, July 29, 2025 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), announces that its merger target REalloys Inc.
About this update from Realloys Inc.
[{"type":"text","content":"DALLAS, July 29, 2025 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), announces that its merger target REalloys Inc. (“REA” or “REalloys”) a vertically integrated critical mineral company, today announced the appointment of David MacNaughton, Canada’s former Ambassador to the US, to its Corporate Board of Directors. David MacNaughton served as Canada’s ambassador to the United States from 2016 to 2019 during the first Trump Administration. Ambassador MacNaughton successfully represented Canadian interests in the complex negotiations leading to the 2020 United States-Mexico-Canada Agreement (USMCA). The USMCA, which substituted the North America Free Trade Agreement (NAFTA) and was a mutually beneficial win for North American workers, farmers, ranchers, and businesses, created a more balanced, reciprocal trade supporting high-paying jobs for Americans and Canadians and opportunities for growing the North American economy. Ambassador MacNaughton was formerly Chairman of StrategyCorp and served as Canadian and North American president of Hill and Knowlton. He also headed Strathshore Financial, Inc. where he did mergers and acquisitions with a special focus on structuring public-private partnerships. He stepped down from his position as Ambassador in 2019 in order to join Palantir Technologies as President of Palantir’s Canadian office. He also served on the Board of TC Energy Corporation, which operates 92,000 kilometers of gas pipeline and transports more than 25% of North American natural gas demand. As REalloys progresses in building its vertically integrated rare earth supply chain, with fully owned upstream asset Hoidas Lake in Saskatchewan, an MOU with The Saskatchewan Research Council on a strategic collaborative relationship in which SRC will provide midstream services to REA in support of this effort, and downstream capability with the acquisition of PMT Critical Metals in the United States, Ambassador MacNaughton will contribute his extensive expertise in public-private partnerships and North American statecraft to ensure REalloys’ consortium meets its targets to enable North America to substantially divest from reliance on China during the timeframe of the current Canadian and US Administrations. David MacNaughton mentioned: “I am thrilled to join the first Canada-US critical minera...