Infinity Mining Executes Strategic Share Sale Agreement for Leonora Goldfields Project

Infinity Mining Limited ( (AU:IMI) ) has shared an announcement.

Infinity Mining Limited has finalized a binding Share Sale Agreement with U Resource Pty Ltd and Evergreen Lithium Limited, transferring its interest in the Leonora Goldfields Project. This strategic move enables Infinity to focus on its core assets while retaining a stake in the project’s future through shares in Evergreen Lithium. The transaction aligns with Infinity’s strategy to unlock value and maximize shareholder returns, providing additional funding to advance its primary projects, particularly the Cangai Copper Project. The agreement is expected to offer both immediate value realization and long-term growth potential for Infinity’s stakeholders.

More about Infinity Mining Limited

Infinity Mining Limited holds a diverse portfolio of projects across over 3,700 km² in regions such as NSW’s Macquarie Arc, Victoria’s Melbourne Zone, and Western Australia’s East Pilbara and Central Goldfields. The company focuses on high-grade resources including copper, gold, and lithium, with its flagship project being the Cangai Copper Project, a historic high-grade copper mine with near-term development potential.

YTD Price Performance: -9.09%

Average Trading Volume: 537,172

Technical Sentiment Signal: Buy

Current Market Cap: A$3.81M

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