Inc. (Pinnacle), incorporated in January 6, 1995 under the laws of the
State of Wyoming, is an international natural resources company that
specializes in emerging mining and mineral development projects. Pinnacle
became a publicly traded company on July 15, 1999 and is traded on the
Over The Counter Bulletin Board (OTCBB) under the symbol PNRR. The Company
is also listed on the Frankfurt Exchange under the symbol PIN.
Management has over 70 years of combined business experience involving a variety of situations where financing and/or funding has been required in order to exploit a mining opportunity. Individually, management personnel have directly funded, underwritten, or brokered financing for a number of mining projects over the years, both in the domestic market as well as in South Africa and South America.
Additionally, Pinnacle is focusing on new technologies, improvements or modifications to existing mining industry technologies whereby cash flow and profits are increased. One such project is an improved methodology and technique that will recover vanadium, titanium, and tantalum.
The Company formed Titan Processors in South Africa and has built a tantalite refinery to produce 20 tons of finished product per month using innovative technology and know-how it acquired from Professor Jan Becker of South Africa. The Titan plant began production of high-purity tantalum pentoxide in January 2004.
The Company has
also funded a newly patented equipment design that overcomes the problems
faced by ocean diamond recovery boats. This new concept eliminates boat
operations entirely and places the exploration and mining equipment
on a moving (walking) platform that elevates the equipment above the
treacherous swell tides that haunt the diamond-rich South African west
coast. One such platform is expected to do the work of eight boats.
Pinnacle's first platform is currently operating under contract with
Trans-Hex's marine diamond division. The contract provides that Pinnacle
share in the diamond production from certain concessions owned by Trans-Hex
|Pinnacle Resources Inc.|
|9600 East Arapahoe Road|
|Englewood, CO 80112|
|Corporate Stock Transfer|
|3200 Cherry Creek Drive South #430|
|Denver, Colorado USA 80209|
|Symbol and Listing:|
|PIN Frankfurt Exchange|
|16,795,050 shares outstanding as of February 28, 2005.|