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Pinnacle Minerals Limited (ASX:PIM)

ALERT: Price-sensitive ASX Announcement for PIM
Current share price for PIM : $0.040 -0.017 (-29.82%)+
Announcement
Release
2 Feb 2026 8:18AM
Price at Release
$0.057
Full Release
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Summary
On 2nd February 2026, Pinnacle Minerals Limited announced the mutual termination of agreements related to the acquisition of US critical minerals, gold, and silver projects. The agreements in question were the binding heads of agreement dated 9 October 2025 and another dated on or about 25 August 2025. The termination was amicable and mutually agreed upon by all parties involved, with a shared understanding that the assets remain strategically valuable due to market interest in critical minerals. Pinnacle maintains a strong cash position of $2.8 million as of December 2025 and continues to focus on strategic mineral opportunities.
Key Points
  • Mutual termination of Idaho Antimony Transaction Agreements
  • Agreement dated 9 October 2025 and 25 August 2025 terminated
  • Termination agreed upon amicably and by mutual consent
  • Assets are still considered strategically valuable
  • Pinnacle maintains a cash position of $2.8 million as of December 2025
  • Focus on strategic mineral opportunities continues
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.