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Pantera Minerals Ltd. ( (AU:PFE) ) just unveiled an update.
Pantera Lithium Limited has completed the sale of its Smackover Project to Energy Exploration Technologies Inc. for A$2 million in cash and shares worth A$34 million, with additional deferred payments. This transaction allows Pantera to realize significant value for shareholders while maintaining exposure to EnergyX’s lithium projects. The company is now well-capitalized to pursue further opportunities in the U.S. critical minerals sector, aiming to deliver long-term shareholder value through strategic resource investments.
More about Pantera Minerals Ltd.
Pantera Lithium Limited is a company operating in the critical minerals industry, focusing on lithium, antimony, copper, silver, and rare earth elements. The company is involved in the exploration and development of these minerals primarily in the United States, leveraging supportive infrastructure and regulatory frameworks.
Average Trading Volume: 4,040,771
Technical Sentiment Signal: Hold
See more data about PFE stock on TipRanks’ Stock Analysis page.