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Infinity Mining Limited ( (AU:IMI) ) has issued an announcement.
Infinity Mining Limited has announced a proposed issue of securities, which includes 110,000,000 options expiring on November 15, 2028, and 100,000,000 fully paid ordinary shares. The proposed issue date is set for November 12, 2025. This move is likely to impact the company’s financial structure and could influence its market positioning by potentially increasing capital for further exploration and development activities.
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 primarily engaged in the extraction and production of various minerals, catering to the demands of the global market.
Average Trading Volume: 2,395,740
Technical Sentiment Signal: Sell
Current Market Cap: A$5.08M
For an in-depth examination of IMI stock, go to TipRanks’ Overview page.