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Infield Minerals Issues Shares for Gold Option

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Infield Minerals Issues Shares for Gold Option

Infield Minerals Corp (TSE:INFD) has released an update.

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Infield Minerals Corp has issued over 4 million common shares at a price of $0.035747 each to Geomark Minerals, marking the second option payment for the Kings Canyon Gold Property in Utah. The shares are subject to a statutory hold period until April 2025. The deal is part of Infield’s strategy to earn a full interest in the property, with a total payment of $1.2 million over 30 months.

For further insights into TSE:INFD stock, check out TipRanks’ Stock Analysis page.

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