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Infinico Metals Launches $1.4M Private Placement

Infinico Metals Launches $1.4M Private Placement

Burin Gold Corp. (TSE:INFM) has released an update.

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Infinico Metals Corp. has launched a non-brokered private placement to raise $1.4 million through the sale of various unit types, with proceeds aimed at funding Canadian exploration expenses and general corporate purposes. The placement includes hard dollar units, flow-through units, and charity flow-through units, each with share purchase warrants exercisable over 24 months. The offering is set for a close on May 30, 2024, pending regulatory approvals.

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

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