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Infinity Mining Options Lapse Without Exercise

Story Highlights
  • Infinity Mining reported that 5.2 million listed options, exercisable at $0.20, have expired unexercised.
  • The lapse of these options modestly reduces potential dilution but delivers no new equity capital to the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Infinity Mining Options Lapse Without Exercise

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Infinity Mining Limited ( (AU:IMI) ) has provided an update.

Infinity Mining Limited has notified the market that 5.2 million listed options (ASX code IMIAH), each exercisable at $0.20 and due to expire on 18 December 2025, have lapsed unexercised. The expiration of these options reduces the company’s pool of potential dilutive securities but does not bring in new equity capital, slightly tightening its capital structure while leaving existing shareholdings unaffected.

More about Infinity Mining Limited

Average Trading Volume: 3,249,441

Technical Sentiment Signal: Sell

Current Market Cap: A$4.71M

For an in-depth examination of IMI stock, go to TipRanks’ Overview page.

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