Infinitum Announces Closing of Kenadyr Transaction

Executive Summary

• Infinitum Copper Corp. completed the sale of its wholly‑owned Mexican subsidiary, Exploraciones Margarita, S.A. de C.V. (“EM”), to Algo Grande Copper Corp. on December 18, 2025.
• The consideration consisted of $100,000 cash plus 1,842,719 Algo Grande shares (subject to a 18‑month resale restriction) and an additional post‑closing issuance of 901,600 Algo Grande shares tied to Algo Grande’s financing.
• The transaction transfers Infinitum’s 80% interest in the Adelita Project (Sonora & Sinaloa, Mexico) to Algo Grande, removing the project from Infinitum’s asset base.

Key Details

• Transaction Parties: Seller – Infinitum Copper Corp.; Buyer – Kenadyr Metals Corp., now operating as Algo Grande Copper Corp.
• Asset Sold: All shares of Exploraciones Margarita, S.A. de C.V., which held an 80% interest in the Adelita Project (Mexico).
• Closing Date: December 18, 2025, following conditional TSX Venture Exchange approval and shareholder approval at Infinitum’s AGM on September 18, 2025.
• Consideration Paid:
• Cash payment of $100,000 to Infinitum.
• 1,842,719 shares of Algo Grande issued to Infinitum; these shares are subject to voluntary resale restrictions with releases over an 18‑month period.
• Post‑closing issuance: Additional 901,600 Algo Grande shares contingent upon the completion of a financing undertaken by Algo Grande in connection with the transaction.
• Resale Restrictions: The initial share consideration is locked for a defined period; specific release schedule spans 18 months from closing.
• Regulatory Approvals: Transaction required and received conditional approval from the TSX Venture Exchange and shareholder approval at Infinitum’s AGM.

Notable Quotes

(No executive quotes were included in the release.)