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An announcement from Infinity Mining Limited ( (AU:IMI) ) is now available.
Infinity Mining Limited has secured commitments for a $1 million placement to advance its exploration program and develop mineral extraction technology in partnership with Orivium Global Pte Ltd. The funds will support exploration at key projects in Victoria and the Cangai Project, focusing on recovering critical metals amid rising demand for sustainable supply. This capital raise positions Infinity to fast-track its projects and deliver value to stakeholders.
More about Infinity Mining Limited
Infinity Mining Limited is an exploration and development company with a diverse portfolio spanning over 3,700 km² in Australia, focusing on high-grade resources such as copper, gold, and lithium. Its flagship project is the Cangai Copper Project, known for its high-grade copper and near-term development potential. The company is strategically positioned near established mining operations, enhancing the economic viability of its projects. Infinity has partnered with Orivium Global Pte Ltd to utilize their Super Oxidiser technology for element recovery.
Average Trading Volume: 2,395,740
Technical Sentiment Signal: Sell
Current Market Cap: A$5.08M
Find detailed analytics on IMI stock on TipRanks’ Stock Analysis page.