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Infinitum Copper Corp ( (TSE:INFI) ) has issued an announcement.
Infinitum Copper has closed a mineral property sub-option agreement allowing Prismo Metals to acquire 80% of Infinitum’s remaining interest in the Hot Breccia copper project in Arizona for C$185,000, with Prismo assuming all remaining obligations under the underlying option agreement and the potential to acquire Infinitum’s remaining 5% interest under certain conditions. The transaction aligns with Infinitum’s strategy to dispose of non-core assets, streamline its portfolio, and redeploy proceeds into working capital and the pursuit of new mineral property opportunities, signaling a continued focus on higher-priority copper exploration projects in the Americas.
More about Infinitum Copper Corp
Infinitum Copper Corp. is a Canadian-based junior exploration company focused on advancing near-term copper projects across the Americas. Leveraging an experienced team and strategic advisors, the company pursues a disciplined growth strategy centered on the discovery, acquisition and responsible development of scalable copper assets to build long-term shareholder value.
Average Trading Volume: 62,165
Technical Sentiment Signal: Hold
Current Market Cap: C$1.84M
For detailed information about INFI stock, go to TipRanks’ Stock Analysis page.