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Infinity Mining Issues 100 Million Shares in Strategic Move

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Infinity Mining Issues 100 Million Shares in Strategic Move

TipRanks Black Friday Sale

An announcement from Infinity Mining Limited ( (AU:IMI) ) is now available.

Infinity Mining Limited has issued 100,000,000 ordinary shares without disclosure under the Corporations Act, as announced to the Australian Securities Exchange. This move indicates the company’s compliance with relevant legal provisions and suggests a strategic effort to bolster its financial position, potentially impacting its market operations and stakeholder interests.

More about Infinity Mining Limited

Infinity Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is based in Australia and is involved in the production and distribution of mining products.

Average Trading Volume: 2,709,995

Technical Sentiment Signal: Sell

Current Market Cap: A$5.5M

See more insights into IMI stock on TipRanks’ Stock Analysis page.

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