Infinitum Copper Corp. is pleased to announce a private placement to raise gross proceeds of up to C$1,500,000 through the issue of up to 21,428,571 units of the Company at a price of C$0.07 per Unit . Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant , with each Warrant entitling the holder thereof to purchase one additional Common Share at a price of C$0.14 per Common [...]
Infinitum Copper Corp. is pleased to announce the successful closing of the previously announced transaction with Prismo Metals Inc. with respect to Hot Breccia porphyry copper-skarn project located in the Arizona Copper Belt. In accordance with the agreement, Infinitum has now received CA$350,000 cash and 500,000 Prismo shares. Prismo will now complete CA$5,500,000 of exploration work over the next five years following [...]
Infinitum Copper Corp. announces that Matt Hudson has been appointed as President and CEO of the Company effective February 1, 2023. Matt's operational experience in Mexico, knowledge of capital markets and ability to advance resources projects globally represents a unique set of skills that will allow him to lead Infinitum as we progress our flagship Adelita project. Building on what has already been achieved since going [...]
Infinitum Copper Corp. announces that it has signed an agreement granting Prismo Metals Inc. the option to acquire up to a 75% interest in the Hot Breccia project in Arizona State, by assuming all cash payment and work commitment obligations remaining under the Option Agreement with Walnut Mines LLC . Infinitum acquired the Option to earn 100% in Hot Breccia, subject to a 2% NSR to the vendor, in April 2022 . Prismo will [...]
Infinitum Copper Corp. announces that it has closed the first tranche of its previously announced non?brokered private placement financing. The private placement tranche was completed with a total of 1,198,129 units at a price of $0.13 per Unit, for gross proceeds of $155,757 . Each Unit consists of one common share of the Company and one-half of one transferable Common Share purchase warrant of the Company. Each whole [...]
Infinitum Copper Corp. is pleased to announce that it intends to raise up to C$1,000,000 by way of a non-brokered private placement financing consisting of up to 7,692,308 units at a price of C$0.13 per Unit, for gross proceeds of up to C$1,000,000 . Each Unit will consist of one common share of the Company and one-half of one transferable Common Share purchase warrant of the Company. Each whole warrant will entitle the [...]
Infinitum Copper Corp. is pleased to report results from diamond drilling at its flagship project, La Adelita in Sonora and Sinaloa states, Mexico. Drill hole AD-22-0019 returned 32.25 metres of 1.01% copper , 0.52 grams per tonne gold and 39.69 g/t silver or 1.74% copper equivalent 1 starting at 36.65 m downhole in the Cerro Grande zone . Drill holes AD-22-0019 and AD-22-0020A were collared on the same pad, approximately [...]
Infinitum Copper Corp. is pleased to report results from the first two of twelve diamond drill holes at Infinitum's flagship project, La Adelita in Sonora and Sinaloa states, Mexico. Drill hole AD-22-0018 returned 20.60 metres of 1.91% copper , 2.00 grams per tonne gold and 40.91 g/t silver starting at 163.15 m down hole in the Cerro Grande zone . This mineralization is hosted in pervasive skarn alteration with abundant [...]
Infinitum Copper Corp. is pleased to announce completion of the first phase of the current exploration program at its flagship La Adelita project in Sonora and Sinaloa States, Mexico. Exploration activities in 2022 have resulted in the discovery of three significant showings, including a previously announced trench at Las Trancas zone that returned 9.15 metres of 16.45 grams per tonne gold, 1.90% copper and 3.50 g/t [...]
Infinitum Copper Corp. is pleased to announce that it has completed its previously announced issuance of shares in exchange for mineral exploration services. The Company entered into a debt settlement agreement with an arm's length contractor, pursuant to which the Company has now issued 1,156,770 common shares at a deemed value of $0.20 per Common Shares in full satisfaction of the mineral exploration services The Common [...]
Infinitum Copper Corp. is pleased to announce that it has closed its second tranche to its previously announced non-brokered private placement financing. The private placement has been over-subscribed with an additional 518,778 units at a price of $0.20 per Unit, being offered in the second tranche resulting in an aggregate total of 5,698,953 Units being issued for gross proceeds of $1,139,790.60 . Each Unit consists of [...]
Infinitum Copper Corp. is pleased to announce that it has closed its previously announced non?brokered private placement financing. The private placement has been over-subscribed with a total of 5,180,175 units at a price of $0.20 per Unit, for gross proceeds of $1,036,035 . Each Unit consists of one common share of the Company and one transferable Common Share purchase warrant . Each Warrant entitles the holder to [...]