Latest Pinnacle Minerals (ASX:PIM) News

Pinnacle Minerals Limited has launched a new options prospectus offering nearly 40 million options, potentially raising $3.18 million if exercised. The options carry an exercise price of $0.08 and expire in 2028, aiming to reward shareholders and fulfill placement obligations.

Pinnacle Minerals Ltd is set to raise an additional $440,000 through a third tranche placement, aiming to accelerate its exploration programs and pursue new opportunities. This move follows strong investor demand and awaits shareholder approval.

Pinnacle Minerals has progressed metallurgical reviews and exploration across its rare earth, lithium, and heavy mineral sands projects, supported by a recent $1.76 million capital raising to fund ongoing and new opportunities.

Pinnacle Minerals Ltd has announced a $1.76 million capital raise through a two-tranche share placement with free attaching options, aiming to advance its exploration projects in Canada and Australia.

Pinnacle Minerals reports significant exploration progress across its Canadian and Australian projects, highlighting multiple lithium pegmatite targets and strong rare earth element assays while maintaining a disciplined cash position.

Pinnacle Minerals Ltd reports a strategic shift towards cost reduction and partnership development across its lithium, uranium, and rare earth projects, positioning itself for future growth.