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Pinnacle Minerals Limited (ASX:PIM)

ALERT: Price-sensitive ASX Announcement for PIM
Current share price for PIM : $0.040 -0.155 (-79.49%)+
Announcement
Release
17 Oct 2025 8:28AM
Price at Release
$0.195
Full Release
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Summary
Pinnacle Minerals Limited (ASX: PIM) is advancing its presence in the U.S. market by listing on the OTCQB Market, facilitated by the appointment of Viriathus Capital LLC and Ellis Martin as its U.S. Corporate and Strategic Advisers. This strategic move aims to attract U.S. institutional and retail investors, providing a potential pathway toward a future NASDAQ listing. The listing is driven by strong U.S. investor interest following Pinnacle's agreement to acquire several Gold and Antimony projects in Idaho and Washington. This interest is fueled by antimony's designation as a critical mineral amid supply constraints, particularly owing to China's export restrictions. The OTCQB listing is expected to enhance Pinnacle's U.S. market profile and liquidity, opening opportunities for acquisitions, mergers, and joint ventures.
Key Points
  • Pinnacle Minerals Ltd (PIM) is listing on the OTCQB Market.
  • Viriathus Capital LLC and Ellis Martin appointed as U.S. Corporate and Strategic Advisers.
  • OTCQB listing serves as a potential stepping stone to NASDAQ.
  • Enhanced market presence in the U.S. for potential Department of War funding.
  • Increased investor interest due to antimony's critical mineral status and supply concerns.
  • Potential opportunities include acquisitions, mergers, and joint ventures in the U.S.
  • U.S. investor interest driven by high antimony prices and export bans by China.
  • Pinnacle Minerals is acquiring 8 Gold and Antimony Projects in Idaho and Washington State.
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.