20:37:11 EDT Thu 28 Mar 2024
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Infinitum Copper 5,698,953-share private placement

2022-07-20 19:55 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 27, 2022.

Number of shares:  5,698,953 shares

Purchase price:  20 cents per share

Warrants:  5,698,953 share purchase warrants to purchase 5,698,953 shares

Warrant exercise price:  45 cents for a two-year period

Number of placees:  22 placees

Insiders:  Western Blue Sky Management Corp. (Steve Robertson), 100,000; Amica Resource Inc. (Melinda Hsu), 100,000; Marco Rogue, 100,000; Emerging Markets Capital Ltd. (Jorge Ramiro Monroy), 125,000

Finders' fees:  Canaccord Genuity Corp., $30,100 cash and 150,500 finder's warrants; Red Cloud Securities Inc., $7,000 cash and 35,000 finder's warrants (The finders' warrants are non-transferable and each is exercisable into one common share at a price of 20 cents per share for a period of two years from closing.)

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