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Burin Gold Corp. ( (TSE:INFM) ) has provided an announcement.
Infinico Metals Corp. has announced a $200,000 non-brokered private placement to support its working capital, alongside changes to its board of directors and a proposed share consolidation. The company has appointed Sam Walding and Manish Z. Kshatriya to its board, bringing extensive experience in mineral exploration and financial leadership. The share consolidation aims to facilitate future financing and business development, reducing the number of outstanding shares significantly.
More about Burin Gold Corp.
Average Trading Volume: 199,670
Technical Sentiment Signal: Sell
Current Market Cap: C$680.2K
Learn more about INFM stock on TipRanks’ Stock Analysis page.