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How Pantera’s $40M Smackover Sale Fuels U.S. Critical Minerals Ambitions
9:35am on Thursday 2nd of October, 2025 AEST
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Mining
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How Pantera’s $40M Smackover Sale Fuels U.S. Critical Minerals Ambitions
9:35am on Thursday 2nd of October, 2025 AEST
Key Points
Sale of Smackover Project to Energy Exploration Technologies Inc. (EnergyX) completed
Upfront cash of A$2 million plus 2.34 million EnergyX shares valued at A$34 million
Deferred cash payments of A$4 million over 18 months
Pantera retains exposure to EnergyX’s lithium projects and technology
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