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The latest announcement is out from Burin Gold Corp. ( (TSE:INFM) ).
Infinico Metals Corp., a company listed on the TSX Venture Exchange, has announced a non-brokered private placement to raise up to $200,000 through the sale of pre-consolidation shares. The funds will be used for general working capital, and the offering is pending regulatory approval. The company also plans a share consolidation to facilitate future financing and business development. Additionally, Infinico has appointed Sam Walding and Manish Z. Kshatriya to its Board of Directors, while Tom Panoulias has resigned. These changes aim to strengthen the company’s leadership and strategic direction.
More about Burin Gold Corp.
Average Trading Volume: 199,670
Technical Sentiment Signal: Sell
Current Market Cap: C$680.2K
For detailed information about INFM stock, go to TipRanks’ Stock Analysis page.