Perth, Australia – Pantera Lithium Limited (ASX:PFE) welcomes the announcement that Energy Exploration Technologies Inc. (EnergyX) has increased the offer price for its current Reg A capital raise from US$10.00 to US$11.00 per share, representing a 15.8% uplift in valuation.
The increase reflects renewed market confidence in the lithium sector, a rebound in global lithium prices during 2025, and continuing operational progress across EnergyX’s expanding project portfolio – including development of its Texas Lithium Hydroxide Facility and rollout of Direct Lithium Extraction (DLE) technology. EnergyX has also appointed Goldman Sachs as financial advisor for partnerships and capital markets initiatives, while the U.S. EXIM Bank has issued a US$690 million letter of interest to support project financing for its Black Giant Project in Chile.
Pantera currently holds 2.34 million EnergyX shares acquired at US$9.50 per share. The revised valuation of US$11.00 per share increases the value of Pantera’s holding to approximately A$39.5 million, representing an uplift of around A$5.4 million. Pantera’s current cash position of around A$2 million, together with no further EnergyX payment due until 1 July 2026, ensures the Company remains fully funded for its current exploration programs.
Pantera Chairman and CEO, Barnaby Egerton-Warburton, said:
“The uplift in EnergyX’s raise price confirms what the market is recognising — a clear rebound in lithium sentiment and renewed confidence in the U.S. critical minerals sector. Our early partnership with EnergyX continues to add value for Pantera shareholders as the EnergyX platform matures.”
For more information, please visit https://panterali.com/
ENDS
About us:
About Pantera Lithium
Pantera Lithium Limited (ASX:PFE) is a forward-looking mineral exploration and development company focused on advancing projects in critical minerals across the United States with a particular focus on its projects located in Southwest Arkansas.
Contact details:
Jane Morgan
Investor Relations
E: [email protected]
P: +61 (0) 405 555 618
