Infinity Mining Plans Significant New Share Issue

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

Infinity Mining Limited has announced a new securities issuance of 106 million ordinary fully paid shares, under the code IMI, with a proposed issue date of October 21, 2024. This move aims to bolster the company’s financial position and is subject to ASX approval for quotation. The announcement indicates a strategic step for the entity, potentially influencing its market performance.

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