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Financings

Infinico Metals Corp. Announces $200,000 Non-Brokered Private Placement, Changes to Board of Directors, and Proposed up to 15-for-1 Common Share Consolidation

By The Northwire Desk — AI Analysis Dec 03, 2025 · 17:00 INFM · 0.01 Infinico Metals Corp.
INFM · Price

Executive Summary

  • Infinico Metals Corp. announced a proposed non‑brokered private placement to raise up to $200,000 by selling up to 20 million pre‑consolidation shares at $0.01 per share for general working capital.
  • The company appointed Sam Walding (CEO) and Manish Z. Kshatriya as new directors, while Tom Panoulias resigned from the board.
  • Infinico disclosed a planned share consolidation of up to 15‑to‑1, which would reduce the outstanding share count from ~68 million to ~4.5 million post‑consolidation shares, subject to shareholder and TSX‑V approvals.

Key Details

  • Financing Structure:
  • Private placement, non‑brokered, up to 20,000,000 pre‑consolidation Shares.
  • Price: $0.01 per Share.
  • Gross proceeds target: $200,000.
  • Proceeds will be used for general working capital.

  • Securities subject to a four‑month‑plus‑one‑day hold period and require TSX Venture Exchange approval.

  • Board Changes:

  • Sam Walding appointed Director (also CEO since Nov 2023).
  • Manish Z. Kshatriya appointed Director.

  • Tom Panoulias resigned effective 27 Nov 2025.

  • Share Consolidation Proposal:

  • Proposed ratio: up to 15 pre‑consolidation Shares → 1 post‑consolidation Share.
  • Pre‑consolidation shares outstanding: 68,023,240.
  • Post‑consolidation shares (max ratio): approx. 4,534,882.
  • Fractional shares < ½ will be cancelled; ≥ ½ will be rounded up.

  • Consolidation contingent on regulatory approvals and shareholder vote at an upcoming annual/general meeting.

  • Regulatory Notices:

  • Offering not registered under U.S. securities laws; cannot be offered or sold to U.S. persons without exemption.
  • Forward‑looking statements included, covering the above corporate actions and future plans.
Read the original news release →

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Jan 13, 2026 · 20:20

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

Financings