19:36:56 EST Thu 26 Dec 2024
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Infinity Stone Ventures Corp (2)
Symbol GEMS
Shares Issued 46,606,091
Close 2024-02-15 C$ 0.02
Market Cap C$ 932,122
Recent Sedar Documents

Infinity Stone cancels stock split until AGM vote

2024-02-15 16:58 ET - News Release

Mr. Glenn Giles reports

STOCK SPLIT CANCELLED UNTIL AGM VOTE

Due to the management cease trade order (MCTO) granted to Infinity Stone Ventures Corp. (see news of Feb. 12, 2024), the closing of both the Tesla iron project and the Crazy What Love Can Do copper project will occur after the MCTO removal, if that occurs. With the delay in the closing of the two projects, the stock split announced on Feb. 8, 2024, is cancelled and will be delayed until a later date after being voted on at the future, not-yet-announced, annual general meeting.

The company also had announced a proposed non-brokered financing as per news of Jan. 19, 2024, with no commitments from any party as of today.

About Infinity Stone Ventures Corp.

Infinity Stone's mission is to be a diversified, single-source supplier for the critical energy metals being used in the clean energy revolution alongside its established software-as-a-service solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100-per-cent interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs. The company recently announced the 100-per-cent acquisition of the Tesla iron project located in Quebec, the Thor manganite occurrence located in Quebec, ground in Ontario and British Columbia in the area of American Eagle Gold Corp. and Defense Metals Corp., the Crazy What Love Can Do copper project in Quebec, ground adjacent to Frontier Lithium in Ontario, ground adjacent to Li-FT Power in Northwest Territories, and ground adjacent to Power Metals in Ontario.

We seek Safe Harbor.

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