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Why Pinnacle Minerals Is Cancelling 22.5 Million Shares Placement

8:50am on Wednesday 17th of December, 2025 AEDT Mining
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Why Pinnacle Minerals Is Cancelling 22.5 Million Shares Placement

8:50am on Wednesday 17th of December, 2025 AEDT
Key Points
  • Cancellation of 22.5 million Tranche 2 Placement shares
  • Focus on reducing shareholder dilution and tightening capital structure
  • Funds from Tranche 1 remain secured for near-term exploration
  • Strategic funding approach aligned with current development stage
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