Terms of Use

Thank you for visiting the website of Panamint Capital, LLC and its affiliates (together, “Panamint”, “we” “our” or “us”).   The “Site” shall mean the website of Panamint available to the general public and located at PanamintCapital.com and select other domains. By accessing the Site, you acknowledge and agree to accept the following Terms of Use pertaining to the use of the Site, which constitute a legal agreement between you and Panamint.

By accessing the Site [or by clicking to accept or agree to the Terms of Use when this option is made available to you], you accept and agree to be bound and abide by these Terms of Use and the Privacy Policy (found at <LINK>), both of which may be updated at any time by us. We will post updates to the Terms of Use here and any such changes will be effective upon posting. You should consult the Terms of Use each time you visit the Site. If you do not agree with these Terms of Use or the Privacy Policy, you must not access or use the Site.

1. Uses of Our Site and Content

The Site and its entire contents, features and functionality (including but not limited to all information, materials, attachments, software, text, displays, images, video and audio, and the design, selection and arrangement thereof) (collectively, the “Content”) are owned by Panamint, its licensors or other providers of such Content and are protected by United States and international copyright, trademark, patent, trade secret and other intellectual property or proprietary rights laws. Except for the rights expressly granted to you in these Terms of Use, Panamint reserves all other rights, title, and interest in and to the Site and Content, including all intellectual property rights therein. By visiting the Site you agree to the following with respect to the Content:

  • Panamint grants you a limited, revocable, nonexclusive and nontransferable right to view, store, bookmark, download, copy and print pages from the Site solely for your personal and noncommercial use only.
  • You may not use any trademarks, service marks, names, logos, product and service names, designs and slogans of Panamint or any third party that appears on the Site without prior written consent.
  • You agree not to copy portions of the Site (such as by bots, robots or spiders that “harvest” the Site), interfere with the functioning of the Site or restrict or inhibit any others from using the Site.
  • If you download copy, or print any information from the Site, you agree that you will not remove or obscure any copyright or other notices or legends contained in any such Content. You may not alter or modify the Content in your copies.
  • Unless you receive our written permission in advance, you may not exploit any of the Content commercially, forward it as a mass distribution, post it on another site, or otherwise copy, distribute or modify any portion of the Content or the Site.
  • If you link other websites to the Site, you may not imply or suggest that Panamint has endorsed or is affiliated with such websites and you may not display the Site as “framed” within another website.
  • All information we collect on the Site is subject to our Privacy Policy. By accessing the Site, you consent to all actions taken by us with respect to your information in compliance with our Privacy Policy.
  • You may not (and may not encourage or assist others to) violate any law, regulation, rule or the intellectual property or contractual rights of others, or attempt to violate the security of the Site or use or gain access to the identities, information or computers of others through the Site.
  • You may not delete, decompose, decompile, reverse engineer, disassemble or otherwise deconstruct all or any portion of the Site.
  • You may not transmit any virus, worm, time bomb or similar system interference or malicious code through the Site.
  • You may not impersonate or attempt to impersonate Panamint, our employees, other users, or any other person or entity (including, without limitation, by using email addresses associated with any of the foregoing).

Panamint has the right (but not the obligation) to monitor the Site for any unauthorized or objectionable conduct and to take all appropriate actions in response, without notice to you. We may at any time revoke your right to use all or any portion of the Site. Panamint may investigate any complaint regarding or suspected violation of these Terms of Use and may report any activity relating to the Site to regulators, law enforcement officials or other persons or entities that it deems appropriate.

Without limiting the foregoing, we have the right to cooperate fully with any law enforcement authorities or court order requesting or directing us to disclose the identity or other information of anyone posting any materials on or through the Site. YOU WAIVE AND HOLD HARMLESS PANAMINT FROM ANY CLAIMS RESULTING FROM ANY ACTION TAKEN BY PANAMINT DURING, OR TAKEN AS A CONSEQUENCE OF, INVESTIGATIONS BY EITHER PANAMINT OR LAW ENFORCEMENT AUTHORITIES.

2. Disclaimers

The Site is for general informational purposes only. Under no circumstances should any information or materials presented on the Site be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments or other services. Dated content speaks only as of the date indicated.

The Site does not provide specific investment advice or strategies to any individual or entity. The investments and strategies discussed in the Content may not be suitable for all investors and are not obligations of or guaranteed by Panamint. The investments are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other entity and are subject to investment risks, including the loss of the principal amount invested. Nothing contained on the Site constitutes investment, legal, tax or other advice nor is to be relied on in making an investment or other decision. Decisions based on the Content are the sole responsibility of the user. If you would like investment, accounting, tax or legal advice, you should consult with your own financial advisors, accountants or attorneys regarding your individual circumstances and needs. You agree that Panamint is not liable for any action you take or decision you make in reliance on any Content. Panamint will not treat users of the Site as its partners, clients, customers or investors by virtue of their accessing the Site. Your use of the Site does not create a fiduciary, advisory, or principal-agent relationship between you and Panamint.

Past performance is not a guarantee of future results. The performance information relating to Panamint’s historical investments is not intended to be indicative of any future results or the future results of Panamint. Certain strategies are also relatively new and their limited historical results may not be indicative of results they will experience over a longer period of time. There can be no assurance that any Panamint entity (including any Panamint investment, vehicle or account), the Panamint balance sheet will achieve results comparable to any results included on this Site, or that any investments made by Panamint entity now, in the past or in the future will be profitable, or that Panamint entities will find investment opportunities similar to any presented on this Site. Actual realized value of currently unrealized investments will depend on, among other factors, the value of the investments and market conditions at the time of disposition, related transaction costs, and the timing and manner of sale, all of which may differ from the assumptions and circumstances on which the currently unrealized valuations are based. Accordingly, the actual realized values of unrealized investments may differ materially from the values indicated herein.

The Site contains forward-looking statements, which reflect our current views with respect to, among other things, the operations and performance of our businesses. You can identify these forward-looking statements by the use of words such as “outlook,” “believe,” “expect,” “potential,” “continue,” “may,” “should,” “seek,” “approximately,” “predict,” “intend,” “will,” “plan,” “estimate,” “anticipate” or the negative version of these words or other comparable words. Forward-looking statements are subject to various risks and uncertainties. These forward-looking statements are based on Panamint’s beliefs, assumptions and expectations, but these beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to Panamint or within its control. Due to various risks and uncertainties, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

Target, goal, hypothetical or estimated results, projections and other comparable phrases and concepts are hypothetical in nature and are shown for illustrative, informational purposes only. Except as otherwise specifically stated, this information is not intended to forecast or predict future events, but rather to show the hypothetical estimates calculated using the specific assumptions presented herein. It does not reflect any actual results, which may differ materially. Certain information has been made for illustrative purposes and may not materialize. No representation or warranty is made as to the legitimacy of the assumptions made or that all assumptions used in calculating the target, goal, hypothetical or estimated results have been stated or fully considered. Changes in the assumptions may have a material impact on the target, goal, hypothetical or estimated results presented. Target, goal, hypothetical or estimated results or projections may not materialize.

Any transactions described on the Site as having been engaged in by Panamint are included as representative transactions for illustrative purposes only and may not be representative of all transactions engaged in by Panamint.

The views on Site may be the personal views of each author and contributor, as applicable, and do not necessarily reflect the views of Panamint or its subsidiaries or the strategies and products that Panamint offers or in which it invests. Further, the inclusion of such views do not constitute a representation that Panamint has adopted or intends to adopt practices that align with such views. Certain information may have been obtained from third parties and may have not been updated through the date hereof. Neither Panamint nor the author or contributor, as applicable, guarantees the accuracy, adequacy or completeness of information provided in each blog post. No representation or warranty, express or implied, is made or given by or on behalf of Panamint, the author, the contributor or any other person as to the accuracy and completeness or fairness of the information and no responsibility or liability is accepted for any such information.

The Site is prepared solely for information purposes. All forward-looking statements speak only as of the date such statements are made, and neither Panamint nor each author or contributor, as applicable, assumes any duty to update such statements except as required by law. To the extent that any documents, presentations or other materials produced, published or otherwise distributed by Panamint are referenced on the Site (collectively, “Panamint Materials”), they are for informational purposes only. Panamint Materials are only current as the date indicated therein and may be superseded or become irrelevant over time. Panamint assumes no obligation to update or review the information in Panamint Materials except as required by law. You are encouraged to read carefully all disclaimers provided within any Panamint Materials.

3. Third-Party Content and Linked Sites

References on this Site to any names, marks, products or services of third parties who may or may not be affiliated with Panamint, or hypertext links to third-party sites or information or content provided by third parties, are provided solely as a convenience to you and do not in any way constitute or imply our endorsement, sponsorship or recommendation of the third party, its information, materials or services.

Panamint does not review or monitor any websites linked from or to the Site, is not responsible for the content or accuracy of any such websites and does not make any representations regarding third party materials or services or any products or services contained on or accessible through such other websites, their terms of use or privacy policies. Panamint makes no express or implied warranty about the accuracy, copyright compliance, legality, merchantability or any other aspect of the content of such links. You are advised to review the terms of use and privacy policies of any website that you visit. Panamint disclaims responsibility for the privacy policies and customer information practices of third-party internet websites linked from the Site. The use of third-party websites is entirely at your own risk, and Panamint disclaims responsibility for the privacy policies and customer information practices of third-party internet websites hyperlinked from the Site.

The content on Panamint’s social media channels, including but not limited to X, LinkedIn, and YouTube, are provided as information only. It does not constitute an offer to sell any securities or the solicitation of an offer to purchase any securities. Panamint does not warrant the accuracy, completeness or usefulness of the information available on its social media channels. Panamint does not control and is not responsible for any third-party content on such channels or on other third-party sites that may be linked to by such channels. Such third-party content or sites should not be presumed to reflect the view of Panamint or our employees, consultants, advisors or contingent workers. Panamint is not responsible for the ramifications of your use of such channels or such third-party content or sites, or for any third party’s policies or practices regarding security, privacy, use or other matters. We reserve the right to remove any comments or content that contain profanity, solicitations or in any way violate our policies. We may also block users who abuse our online communities. 

4. Transmission to and from the Site

Any communication or content that you send to the Site is and will be deemed to be non-confidential as between you and us, and Panamint will be free to use, modify, reproduce and distribute it for any purpose without compensation to you.

5. Password and Security Notification

Certain areas of the Site are password-protected. You may not attempt to access any password-protected areas of the Site without authorization. If you have been issued a password for the Site, you agree that Panamint has granted you limited access to specific files pertaining to investments relevant to you, and you agree not to attempt to access other computer files.

All information that Panamint provides to Site users supplying a password is confidential and intended solely for the information of its intended recipient and/or such recipient’s financial, legal or tax advisors, provided that such advisors agree not to disclose any information that is confidential.

You are solely responsible for maintaining the confidentiality of your passwords, account information, usernames, and/or security questions and answers for the Site, and for logging off any protected areas of the Site when you finish a session. Accordingly, you should protect the confidentiality of your password and notify Panamint immediately if you become aware of its unauthorized use. If you share your password with a third party, you assume all responsibility for all such party’s activity related to the Site.

6. Limitation of Liability

Panamint, its affiliates, and their respective officers, directors, managers, partners, members, shareholders, employees, affiliates and agents (collectively “Related Persons”) make no representations or warranties and specifically disclaim any and all warranties of any kind, express or implied, with respect to the Site and the Content, including any representations or warranties with respect to merchantability, fitness for a particular purpose, title, non-infringement, availability, security, accuracy, freedom from viruses or malware, completeness, timeliness, functionality, reliability, sequencing or speed of delivery. Your use of the Site and the Content is on an “as is” and “as available” basis.

TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT WILL PANAMINT, ITS AFFILIATES, OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE SITE, ANY WEBSITES LINKED TO IT, ANY CONTENT ON THE SITE OR SUCH OTHER WEBSITES, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT, OR OTHERWISE, EVEN IF FORESEEABLE.

7. Indemnification

You agree to defend, indemnify, and hold harmless Panamint, its affiliates and their respective representatives from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys’ fees) arising out of or relating to your violation of these Terms of Use or your use of the Site, including, but not limited to, any use of the Site’s content, services, and products other than as expressly authorized in these Terms of Use, or your use of any information obtained from the Site.

8. Governing Law and Forum

All matters relating to the Site and these Terms of Use, and any dispute or claim arising therefrom or related thereto (in each case, including non-contractual disputes or claims), shall be governed by and construed in accordance with the internal laws of the State of Delaware without giving effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction).

Any legal suit, action, or proceeding arising out of, or related to, these Terms of Use or the Site shall be instituted exclusively in the federal courts of the United States or the courts of the State of Delaware. You waive any and all objections to the exercise of jurisdiction over you by such courts and to venue in such courts.

Last updated: October 2025