Infinitum Announces Non-Brokered Private Placement
(TheNewswire)
VANCOUVER, BC – TheNewswire - March 20, 2026 - Infinitum Copper Corp. (TSXV: INFI)(“Infinitum ” or the “Company”)is pleased to announce a non-brokered privateplacement of up to 14,000,000units of the Company (the “Units”) at a priceof $0.18 per Unit for aggregate gross proceeds of up to $2,520,000(the “PrivatePlacement”). Each Unit will consist of onecommon share (a “CommonShare”) and one common share purchase warrant(a “Warrant”) with each Warrant entitling theholder to acquire one Common Share at a price of $0.20 for a period of60 months from the date of issuance.
Finders' fees may be payable in connection withthe private placement.
The private placement is subject to approval of the TSXVenture Exchange (“TSXV”), and all securities issued under theprivate placement will be subject to a statutory hold period expiringfour months and one day from the date of closing of the privateplacement.
The Company intends to use the net proceeds raised fromthe private placement to advance and evaluate a pipeline ofproperties, and for general administrative expenses and workingcapital.
Certain directors and officers of the Company mayacquire securities under the private placement. Any such participationwould be considered to be a “related party transaction” as definedunder Multilateral Instrument 61-101 (“MI 61-101”). Thetransaction will be exempt from the formal valuation and minorityshareholder approval requirements of MI 61-101 as neither the fairmarket value of any shares issued to or the consideration paid by suchpersons will exceed 25% of the Company’s marketcapitalization.
The securities offered have not been, and will not be,registered under the United States Securities Act of 1933, as amended(the “U.S. Securities Act”), or any U.S. state securities laws andmay not be offered or sold in the United States absent registration oran available exemption from the registration requirement of the U.S.Securities Act and applicable U.S. state securities laws. This newsrelease shall not constitute an offer to sell or the solicitation ofan offer to buy, nor shall there be any sale of these securities, inany jurisdiction in which such offer, solicitation or sale would beunlawful.
On Behalf of the Board of Directors of
INFINITUM COPPER CORP.
For more information, please contact:
Alex Gostevskikh
Chief Executive Officer
(888) 455-7620
info@infinitumcopper.com
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
About Infinitum Copper
Infinitum Copper Corp is a Canadian-based juniorexploration company focused on advancing near-term copper projects inthe Americas. With an experienced team and strategic advisors, theCompany is pursuing a disciplined growth strategy centered on thediscovery, acquisition, and responsible development of scalable copperassets to create long-term shareholder value.
Cautionary Note RegardingForward-Looking Statements
This press release contains “forward-lookinginformation” within the meaning of applicable Canadian securitieslegislation. F Forward-looking informationincludes statements regarding the completion of the Private Placement,receipt of TSXV approval, use of proceeds, and insider participation. Forward-looking information is based on management’s reasonableassumptions, estimates, expectations, analyses and opinions as of thedate of this press release, but such information is inherently subjectto significant risks, uncertainties and other factors that may causeactual results or events to differ materially from those expressed orimplied. These risks and uncertainties include, but are not limitedto, the risk that TSX Venture Exchange acceptance may not be obtainedon the terms currently anticipated or at all, and risks generallyassociated with the Company’s business as described in theCompany’s continuous disclosure filings available under theCompany’s profile on SEDAR+. Readers are cautioned not to placeundue reliance on forward-looking information. The Company does notundertake to update or revise any forward-looking information, exceptas required by applicable securities laws.
Copyright (c) 2026 TheNewswire - All rights reserved.
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