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Infield Minerals Corp Secures $115,000 in Private Placement to Bolster Exploration Efforts

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Infield Minerals Corp Secures $115,000 in Private Placement to Bolster Exploration Efforts

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An announcement from Infield Minerals Corp ( (TSE:INFD) ) is now available.

Infield Minerals Corp has successfully closed a non-brokered private placement, raising $115,000 through the issuance of 3,833,334 common shares at three cents per share. The proceeds will be used for property costs on the company’s mineral properties in Western USA and for general working capital purposes. This financing move strengthens Infield’s financial position, enabling it to continue its exploration activities and potentially enhance its market positioning within the gold mining industry.

More about Infield Minerals Corp

Infield Minerals Corp is a mining company focused on exploring for gold within the U.S. Great Basin. Founded in 2020, the company 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. It is led by a team of mining entrepreneurs with extensive technical and resource evaluation experience.

Average Trading Volume: 51,745

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$1.12M

See more data about INFD stock on TipRanks’ Stock Analysis page.

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