TLOOF - Infinity Stone to acquire Galaxy Pegmatite Project Quebec and private placement
Infinity Stone Ventures (OTC:TLOOF) enters agreement with Quartier Minerals to option the Galaxy Pegmatite Project located near Mont-Laurier, Quebec. Company also announces a non-brokered private placement of up to 3M units at a price of $0.15 per unit, for gross proceeds of up to $450,000. Each Unit will be composed of one share and one-half of one share purchase warrant. Each warrant will entitle the holder to acquire one additional share at a price of $0.30 for a period of three years from the date of issuance of the units. Net proceeds from the private placement to marketing, software development and other general working capital.
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Infinity Stone to acquire Galaxy Pegmatite Project, Quebec, and private placement