Each Unit will be comprised of one common share of the Company (each, a 'Common Share') and one Common Share purchase warrant (each, a 'Warrant' and together with the Common Share, the 'Offered Securities'), with each Warrant entitling the holder thereof to purchase one additional Common Share at a price of
The Company intends to use the net proceeds of the Offering for ongoing exploration and drilling at the Company's La Adelita project and for general corporate purposes.
We are looking forward to resuming drilling at La Adelita. Our 2022 exploration program produced multiple high-grade intercepts which show the deposit is open to the north and at depth. By applying
The closing date of the Offering is expected to occur on or about
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ('NI 45-106'), the Units will be offered for sale to purchasers resident in
There is an offering document relating to the Offering that can be accessed under the Company's profile at www.sedar.com and on the Company's website at https://infinitumcopper.com/. Prospective investors should read this offering document before making an investment decision. In the interests of clarity this Offering supersedes all previously announced capital raisings that have not already completed.
Contact:
Email: matt@infinitumcopper.com
About
Backed by a strong team of industry veterans,
Cautionary Note Regarding Forward-Looking Statements
This press release contains 'forward-looking information' within the meaning of Canadian securities legislation. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, are inherently subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information. The risks, uncertainties, contingencies and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information may include, but are not limited to, risks generally associated with the Company's business, as described in the Company's Filing Statement dated
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