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Infinitum Copper Corp. has announced an amendment to the terms of its private placement, aiming to raise C$450,000 through the issue of up to 11,250,000 units at a price of C$0.04 per unit. Each unit includes one common share and one common share purchase warrant. The net proceeds will be used for establishing mining operations at the La Adelita project and general corporate purposes, with no funds allocated for investor relations activities. The offering is subject to a four-month resale restriction, with the closing date expected on or about May 31, 2024. The company also confirmed that no finder's fees will be paid in connection with the offering.
