Infield Minerals Corp (TSE:INFD) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.