PIM - Pinnacle Minerals

[System]

Pinnacle Minerals is currently focused on exploring for kaolin on four projects (the Projects), including the Bobalong and Holly projects in Western Australia and the Camel Lake and White Knight projects in South Australia.

The Company has recently entered into share sale agreements to acquire 100% of the issued share capital of Bulk Mineral Holdings Pty Ltd (Bulk Minerals) and Witby Clays Pty Ltd (Witby Clays) and thereby acquire an indirect interest in the tenements held by the subsidiaries of Bulk Minerals and the tenements held by Witby Clays comprising the Camel Lake Project, White Knight Project, Holly Kaolin Project and Bobalong Project.

It is anticipated that PIM will list on the ASX during March 2022.

Home - Pinnacle Minerals Limited

pinnacleminerals.com.au

 

[Dona Ferentes]

Listing date	23 March 2022 12:00 PM AEDT ##
Company contact details	Home - Pinnacle Minerals Limited pinnacleminerals.com.au Ph: +61 8 9426 0666
Principal Activities	Mining exploration company
GICS industry group	TBA
Issue Price	AUD 0.20
Issue Type	Ordinary Fully Paid Shares
Security code	PIM
Capital to be Raised	$5,500,000
Expected offer close date	21 February 2022
Underwriter	Not underwritten. PAC Partners Securities Pty Ltd (Lead Manager).