Pursuit Minerals Ltd Concludes Investor Conference Amid Market‑Price Inquiries
Pursuit Minerals Limited (ASX: PUR) closed its latest share‑price spike on September 18, 2025, after a series of disclosures and a formal response to an ASX price‑query letter. The company’s share price, which had risen sharply between 17 September and 18 September, settled near AUD 0.086—well below its 52‑week high of AUD 0.20 and only modestly above its recent low of AUD 0.035.
Investor Conference Highlights
The company’s Managing Director and CEO, Mr. Aaron Revelle, presented at the Resources Rising Stars Gold Coast Investor Conference on 17–18 September. The live‑streamed event, held at the RACV Royal Pines Resort in Benowa, QLD, allowed both in‑person and virtual attendance, with no charge to investors. A full recording of the presentation was promised to all registered participants and subsequently made available on the company’s website and other platforms.
During the conference, Revelle provided an updated corporate overview, outlining Pursuit’s ongoing exploration of lithium resources in Argentina. He emphasized the company’s strategic positioning as a specialist supplier of lithium to global customers, reinforcing its role within the broader materials sector.
ASX Price‑Query Response
On 18 September, Pursuit submitted a letter to the ASX’s Compliance team in response to a query regarding the sudden price movement. Key points of the company’s reply included:
- No Unannounced Information – Pursuit confirmed that there was no material information in the market that had not already been disclosed through ASX announcements or periodic reports.
- No Additional Explanations – The company stated it was unaware of any other factors that could explain the trading activity beyond the disclosures already made.
- Compliance Assurance – Pursuit reiterated its adherence to ASX Listing Rules and outlined its commitment to transparent communication with investors.
The letter, addressed to Mr. Sam Dorland of ASX Compliance, reinforced the company’s proactive stance on regulatory matters and its readiness to clarify any concerns that may affect investor confidence.
Market Context
With a market capitalization of approximately AUD 8.7 million, Pursuit remains a small‑cap exploration entity. Its share price has experienced significant volatility in the past year, reflected in the 52‑week range from AUD 0.035 to AUD 0.20. Despite this, the company’s focus on lithium—a critical component for batteries and electric vehicles—positions it within a high‑growth commodity market.
The recent investor engagement and regulatory correspondence signal Pursuit’s intent to maintain transparency and build investor trust as it continues to advance its Argentine lithium projects.