Financings

Infinico Metals Announces the Closing of $165,000 Non-Brokered Private Placement

By The Northwire Desk — AI Analysis Jan 13, 2026 · 20:20 INFM · 0.01 Infinico Metals Corp.

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Infinico Metals Corp. closed a non‑brokered private placement of 16,500,000 common shares at $0.01 per share, raising gross proceeds of $165,000 for general working capital.
Plethora Private Equity (the Acquiror) purchased an additional 15,000,000 shares in the same transaction, increasing its ownership to approximately 40.3% of Infinico’s outstanding shares.
The offering is subject to TSXV regulatory approval; all issued shares carry a four‑month‑plus hold period and the related‑party transaction relies on exemptions under NI 61‑101.

Offering size: 16,500,000 Shares sold at $0.01 per Share → Gross proceeds: $165,000.
Use of proceeds: General working capital purposes.
Regulatory conditions: Subject to TSXV approval; hold period of four months and one day on all newly issued shares.
Insider participation: Director Perry Ing and Plethora Private Equity (holder of >10% of Shares) participated, constituting a related‑party transaction under TSXV Policy 5.9 and NI 61‑101.
Acquisition by Acquiror: Plethora Private Equity acquired 15,000,000 Shares in the closing.
Ownership impact:
Pre‑acquisition: 19,065,809 Shares (28.03% of outstanding shares).
Post‑acquisition: 34,065,809 Shares (40.30% of outstanding shares).
Exemptions relied upon: Fair market value of the Offering does not exceed 25 % of Infinico’s market capitalization; therefore exemptions from formal valuation and minority‑holder approval under sections 5.5(a) and 5.7(a) of NI 61‑101 were applied.
Reporting obligations: An early‑warning report will be filed on SEDAR+ in accordance with NI 62‑104 and NI 62‑103.

(No executive quotes included in the release.)

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