Mutual Termination of Idaho Antimony Transaction Agreements
Released
Released
Announcement PDF
ASX Announcement
2nd
February 2026
Pinnacle Minerals Ltd Issued Capital Australian Registered Office Directors
ACN: 655 033 677
ASX: PIM
117,219,517 Shares
57,887,507 Options
Unit 6, Level 1, 389 Oxford Street
Mount Hawthorn WA 6016
T: + 61 8 9426 0666
E: admin@pinnacleminerals.com.au
STEPHENS ROSS –- Chairman
WILLIAM WITHAM – Managing Director and CEO
JAY STEPHENSON – Non-Executive Director
www.pinnacleminerals.com.au
Mutual Termination of Idaho Antimony Transaction Agreements
With reference to ASX announcement 15 October 2025 “Pinnacle to acquire eight US critical minerals, gold and
silver projects, including past-producing assets” Pinnacle Minerals Ltd (ASX: PIM) (PIM or the Company) wishes to
advise that all parties involved in the sale and purchase of these US assets have mutually agreed to terminate:
• the binding heads of agreement dated 9 October 2025 between PIM, Idaho Antimony Critical Minerals
Pty Ltd and Templeton Idaho Custodian Pty Ltd (as trustee of the IACM Trust) (Acquisition HOA); and
• the binding heads of agreement dated on or about 25 August 2025 between Lia Energy Holdings LLC,
Idaho Antimony Corp and Idaho Antimony Critical Minerals Pty Ltd (Option HOA).
The termination of both agreements has been agreed amicably and by mutual consent. The parties have also
agreed the form of this announcement.
Positive Outlook
The Company continues to regard the Idaho Antimony opportunity as highly prospective and believes the
underlying assets remain attractive and strategically relevant, particularly given strong and growing market
interest in critical minerals. The mutual termination of the agreements does not reflect any adverse view on
the quality or potential of the assets.
Pinnacle has a strong cash position at the end of the December 2025 quarter of $2.8m and the Company
remains focused on disciplined value creation and will continue to assess and pursue value-accretive mineral
opportunities aligned with its strategic objectives.
Additional Information
Following termination, there are no further obligations on PIM under the agreements. The Company will
provide further updates to the market in accordance with its continuous disclosure obligations.
This announcement has been authorised for release by the Board of Pinnacle Minerals Ltd.
For further information, please contact:
Managing Director and CEO
William Witham
Pinnacle Minerals Limited
E: admin@pinnacleminerals.com.au
T: +61 417 097 172
InvestorHub: https://pinnacleminerals.com.au/link/PQbbby
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