The TSX Venture Exchange has accepted for filing a share purchase agreement dated May 29, 2024, between Infield Minerals Corp. and arm's-length vendors, pursuant to which the company will acquire all the issued and outstanding share capital of 1468289 B.C. Ltd. in exchange for 5,422,896 common shares of the company. The sole asset of 1468289 B.C. is an option to acquire a 100-per-cent interest in the Kings Canyon property in the state of Utah, held by Geomark Minerals USA Inc. pursuant to an option agreement dated Feb. 29, 2024. Pursuant to the terms of the Kings Canyon option agreement, in order to earn a 100-per-cent undivided interest in the property, the company must pay to Geomark a total of $1.2-million over a period of 30 months, as further described in the May 30, 2024, news release.

For further details, please refer to the company's news releases dated May 30, 2024, and June 25, 2024.