Infinity Mining Limited (AU:IMI) has released an update.
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Infinity Mining Limited has announced a significant proposed issue of securities, which includes the issuance of up to 350 million options expiring in 24 months and approximately 457 million ordinary fully paid shares, with the proposed issue date set for November 29, 2024. This strategic move aims to expand the company’s financial capabilities, reflecting a potential growth opportunity for investors and stakeholders in the mining sector.
For further insights into AU:IMI stock, check out TipRanks’ Stock Analysis page.