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An update from Infinitum Copper Corp ( (TSE:INFI) ) is now available.
Infinitum Copper Corp announced the results of its annual general and special meeting, where shareholders approved the sale of its subsidiary, Exploraciones Margarita S.A., to Kenadyr Metals Corp. This transaction, which involves cash and shares, is significant as it represents a major asset disposition for Infinitum, potentially leading to a reclassification on the TSX Venture Exchange. The deal is pending final regulatory approvals and could impact the company’s market positioning and listing status.
More about Infinitum Copper Corp
Infinitum Copper Corp is a company in the mining industry, primarily focused on copper exploration and development. The company is engaged in transactions and operations that align with its market focus on mineral resources.
Average Trading Volume: 52,389
Technical Sentiment Signal: Sell
Current Market Cap: C$1.72M
For an in-depth examination of INFI stock, go to TipRanks’ Overview page.