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The latest update is out from Infini Resources Ltd. ( (AU:I88) ).
Infini Resources Limited, listed on the ASX under the code I88, has announced a proposed issue of up to 1,464,435 fully paid ordinary shares via a placement or similar equity mechanism, with an intended issue date of 21 January 2026. The additional capital raising, detailed in its Appendix 3B lodgement, signals an expansion of the company’s equity base that may support future corporate or operational initiatives and modestly dilute existing shareholders, while potentially strengthening its financial flexibility and market positioning ahead of 2026 activities.
More about Infini Resources Ltd.
Average Trading Volume: 969,340
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$26.15M
For a thorough assessment of I88 stock, go to TipRanks’ Stock Analysis page.