Welcome to our dedicated page for INFINITUM COPPER news (Ticker: INUMF), a resource for investors and traders seeking the latest updates and insights on INFINITUM COPPER stock.
Infinitum Copper Corp (INUMF) drives exploration of high-grade copper-silver-gold deposits through advanced geological strategies in North America's prime mining regions. This hub provides investors and industry observers with essential updates on operational milestones, financial developments, and technical advancements.
Access authoritative reporting on La Adelita (Mexico) and Hot Breccia (Arizona) project developments, including mineralization discoveries and exploration methodologies. Track strategic financing initiatives and share structure optimizations designed to enhance market positioning.
Our news collection features verified updates on resource assessments, partnership announcements, and operational efficiencies. Content spans drilling results, environmental compliance measures, and capital allocation strategies critical for evaluating the company's trajectory.
Bookmark this page for streamlined access to Infinitum Copper's latest corporate announcements. Combine technical expertise with financial insights through our curated news repository, updated as developments unfold.
Infinitum Copper Corp. successfully closed the first tranche of a C$1,500,000 private placement, garnering C$1,473,669.19 from the sale of 21,052,417 units. The second tranche, totaling C$26,330.81, is anticipated to close by April 27, 2023. CEO Matt Hudson noted strong support from investors, emphasizing the high-grade potential of the La Adelita project. Funds raised will support ongoing exploration at Cerro Grande and initiate drilling at the Sangre del Toro feature, which previously returned 9.15m of 16.45g/t Au and 1.9% Cu. Additionally, the company granted 1,000,000 incentive stock options to the CEO, priced at C$0.08 per share, expiring in five years.
Infinitum Copper Corp. (OTCQB:INUMF) has announced a private placement to raise up to C$1,500,000 by issuing 21,428,571 Units at C$0.07 per Unit. Each Unit includes one common share and one share warrant, allowing the purchase of an additional share at C$0.14 for 24 months. The funds will support ongoing exploration and drilling at the La Adelita project. The closing date is expected around March 31, 2023, pending necessary approvals. The project has shown promising results, including high-grade mineral intercepts, which could position Infinitum for significant growth in 2023.
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