Infield Minerals to trade under new symbol

Executive Summary

• Infield Minerals Corp. announced a change of its trading symbol on the TSX Venture Exchange from 'INFD' to 'IN', effective October 24, 2025, to improve brand alignment.
• The company amended the option agreement for its Kings Canyon oxide gold property in Utah, restructuring the remaining option payments to reduce near-term financing requirements.
• The amendment replaces two $300,000 payments with three $200,000 payments due at 24, 36, and 48 months post-acquisition.

Key Details

• Trading Symbol Change:
  • New Symbol: IN
  • Previous Symbol: INFD
  • Exchange: TSX Venture Exchange
  • Effective Date: Opening of trading on Friday, Oct. 24, 2025
  • Impact: No change in capitalization; Cusip and ISIN remain unchanged; no action required by shareholders; share certificates/DRS advice not affected.
• Kings Canyon Option Amendment:
  • Property: Kings Canyon oxide gold property, Millard County, Utah.
  • Original Agreement Date: Feb. 29, 2024.
  • Acquisition Date: June 24, 2024.
  • Amendment Date: Sept. 29, 2025.
  • Original Terms: Two payments of $300,000 each, payable on the 18-month and 30-month anniversaries of acquisition.
  • New Terms: Three payments of $200,000 each, payable on the 24-month, 36-month, and 48-month anniversaries of acquisition.
  • Rationale: Reduces near-term financing requirements and aligns payment schedule with exploration objectives.

Notable Quotes

• "The change in the company's trading symbol from INFD to IN allows for improved and synchronized brand alignment for the stock and the company."
• "The amendment reduces the near-term financing requirements and better aligns the option payment schedule to the company's exploration objectives."