Infinitum Copper Adjusts Private Placement Terms to Enhance Upcoming Mining Operations

VANCOUVER, BC - Infinitum Copper Corp. announced an amendment to their private placement terms aimed to raise C$450,000. This correction follows a previous release, modifying the warrant exercise period from 24 to 36 months after the offering's close. The company plans to issue up to 22,500,000 units at C$0.02 each, with each unit consisting of a common share and a warrant, allowing the purchase of an additional share at C$0.03.

The raised funds are earmarked for initiating mining operations at the La Adelita project, alongside general corporate purposes. Infinitum has confirmed that no portion of the proceeds will fund Investor Relations Activities or payments to Non-Arm's Length Parties. CEO Matt Hudson highlighted the venture's potential for providing both revenue and valuable insights into the mineralized body.

No finder's fees will be associated with this offering, which adheres to a four-month and one-day resale restriction, per TSX Venture Exchange and applicable securities laws. The anticipated closing date is March 31, 2024, pending necessary approvals, including conditional TSX-V approval.