Australian (ASX) Stock Market Forum

IMI - Infinity Mining

Joined
27 June 2010
Posts
3,803
Reactions
196
Infinity Mining Limited holds the Pilbara Projects in the Pilbara region of Western Australia comprising of an extensive portfolio of gold, copper, zinc and lithium exploration tenements and, subject to the completion of the Zanil/Pointon Sale Purchase Agreement, will hold the Central Goldfields Projects located in and around the Leonora Goldfields region in Western Australia.

Infinity Mining holds the following Pilbara Tenements:

INI101221.jpg


Exploration Licence E45/4685 expires on 11 January 2022. The Company intends to lodge its renewal application with DMIRS by the due date, and while the Company considers the licence will be renewed, there is no guarantee that DMIRS will grant this renewal. Accordingly, there is a risk that Exploration Licence E45/4685 will not be renewed and accordingly will not form part of the Company's tenement package following expiry.

It is anticipated that IMI will list on the ASX during December 2021.

 

Dona Ferentes

NEMO SIBI NASCITVR
Joined
11 January 2016
Posts
8,600
Reactions
10,156
Listing date14 December 2021 2:00 PM AEDT ##
Company contact detailshttps://infinitymining.com.au/
+61 7 3221 1796
Principal ActivitiesDiversified minerals exploration and development
GICS industry groupTBA
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeIMI
Capital to be Raised$10,000,000
Expected offer close date19 November 2021
UnderwriterNot underwritten. Foster Stockbroking Pty Ltd and CPS Capital Group Pty Ltd (Joint Lead Managers)
 
Top