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An update from Infield Minerals Corp ( (TSE:INFD) ) is now available.
Infield Minerals Corp. has announced a non-brokered private placement to raise up to $115,000 through the issuance of 3,833,333 common shares at $0.03 per share. The proceeds will be used to fund property costs on the company’s mineral properties in Western USA and for general working capital purposes. The financing is subject to TSX Venture Exchange approval, and certain officers and directors are expected to participate. This initiative is part of Infield’s strategy to enhance its operations and strengthen its market position in the mineral exploration industry.
More about Infield Minerals Corp
Infield Minerals Corp. is a company focused on exploring for gold within the U.S. Great Basin. Founded in 2020, it aims to grow and deliver value through discovery, acquisitions, and sustainable development of high-quality, high-potential assets for the social and economic benefits of its stakeholders. The company is led by a team of mining entrepreneurs with extensive technical and resource evaluation experience.
Average Trading Volume: 55,972
Technical Sentiment Signal: Buy
Current Market Cap: C$1.35M
Find detailed analytics on INFD stock on TipRanks’ Stock Analysis page.