Infinity Mining Proposes Major Securities Issue

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

Infinity Mining Limited is set to expand its financial horizons through a proposed issue of 32 million securities, consisting of options and ordinary shares, with the options exercisable at A$0.029, expiring three years from the issue date. The new securities are scheduled to be issued on October 21, 2024, aiming to enhance the company’s capital structure and support future growth initiatives.

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