Infinitum Copper closes sale of Exploraciones Margarita

Executive Summary

• Infinitum Copper Corp. has officially closed the sale of its wholly-owned subsidiary, Exploraciones Margarita S.A. de C.V., to Algo Grande Copper Corp. (formerly Kenadyr Metals Corp.).
• The transaction involves the transfer of an 80% interest in the Adelita project, located in Sonora and Sinaloa, Mexico.
• The deal was finalized on December 18, 2025, following shareholder and TSX Venture Exchange approvals.

Key Details

• Transaction Structure: Sale of all shares in Exploraciones Margarita (EM), a wholly owned subsidiary of Infinitum holding an 80% interest in the Adelita project.
• Closing Date: December 18, 2025.
• Counterparty: Algo Grande Copper Corp. (formerly Kenadyr Metals Corp.).
• Consideration:
  • Cash: $100,000 paid to Infinitum.
  • Equity: 1,842,719 shares of Algo Grande issued to Infinitum.
  • Vesting/Restrictions: The 1,842,719 shares are subject to voluntary resale restrictions with releases occurring over an 18-month period.
  • Contingent Consideration: Infinitum is entitled to receive an additional 901,600 shares post-closing, contingent upon the completion of a financing undertaken by Algo Grande in conjunction with the transaction.
• Regulatory Approvals: Conditional TSX Venture Exchange approvals were received, along with shareholder approval obtained at the Annual General Meeting (AGM) held on September 18, 2025.

Notable Quotes

• No direct quotes from management were included in the provided text.