The latest update is out from Infinity Mining Limited ( (AU:IMI) ).
Infinity Mining Limited has announced a pro-rata non-renounceable entitlement issue of new options to its eligible shareholders, aiming to raise approximately $282,010. The offer is fully underwritten by CPS Capital Group Pty Ltd and partially sub-underwritten by a substantial shareholder, David Michael. This strategic move is expected to strengthen the company’s financial position and potentially enhance shareholder value.
More about Infinity Mining Limited
YTD Price Performance: 30.0%
Average Trading Volume: 473,220
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.5M
See more data about IMI stock on TipRanks’ Stock Analysis page.