Infield Minerals Corp (TSE:INFD) has released an update.
Infield Minerals Corp. announces a plan to raise $250,000 through a non-brokered private placement of shares, concurrently with a share consolidation initiative. The proceeds from this financing will support exploration work on their Kings Canyon Property and fortify general working capital. The share consolidation will be executed on a 1-for-2 basis, aiming to attract a broader investor base and improve marketability of the stock.
For further insights into TSE:INFD stock, check out TipRanks’ Stock Analysis page.