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

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.