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Pantera Minerals Limited (ASX:PFE)

ALERT: Price-sensitive ASX Announcement for PFE
Current share price for PFE : $0.018 -0.001 (-5.26%)+
Announcement
Release
16 Sep 2025 8:19AM
Price at Release
$0.019
Full Release
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Summary
Pantera Lithium Limited announced a significant shareholder approval for the sale of Daytona Lithium Pty Ltd to Energy Exploration Technologies Inc. (EnergyX). This decision indicates strong investor support for the move, which aligns with Pantera's strategic and value-creation goals. The due diligence for the transaction is complete, and the closing is expected in October 2025. Concurrently, Pantera is expanding its exploration efforts across the U.S. in search for critical minerals such as antimony, silver, copper, and rare earth elements, aiming to diversify its resources and strengthen its role in the North American critical minerals supply chain. EnergyX is progressing with its Project Lonestar Lithium, and both companies are working towards finalizing the remaining agreements and conditions.
Key Points
  • Pantera shareholders voted in favor of the EnergyX transaction.
  • Due diligence has been completed satisfactorily.
  • Pantera is expanding its exploration in the U.S. for critical minerals.
  • EnergyX is advancing its Project Lonestar Lithium.
  • Definitive agreements with EnergyX are being finalized.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.