Infield Minerals closes $115,000 private placement

Executive Summary

• Infield Minerals Corp. closed a non‑brokered private placement, raising $115,000 in gross proceeds.
• The financing consisted of 3,833,334 common shares sold at C$0.03 per share, with a hold period expiring Jan 6 2026.
• Proceeds will be used to fund property costs on Western U.S. mineral assets and for general working capital.

Key Details

• Financing Structure: 3,833,334 common shares at C$0.03 per share; total gross proceeds of $115,000.
• Hold Period: All issued shares are subject to a hold period that expires on Jan 6 2026.
• Post‑Financing Share Count: 48,703,091 common shares issued and outstanding after closing.
• Insider Participation: Insiders purchased ~1.4 million shares (≈36.52% of the financing).
• Early Warning Disclosure – Ms. Evandra Nakano:
• Prior to financing: owned 5,376,250 shares (≈11.98% of outstanding).
• Acquired additional 700,000 shares in the financing (≈1.43% of outstanding).
• Post‑financing ownership: 6,076,250 shares (≈12.48% of outstanding).
• Regulatory Exemptions: Financing relied on MI 61‑101 exemptions from valuation and minority shareholder approval requirements (sections 5.5(a) & 5.7(1)(a)).
• Use of Proceeds: Primarily to finance property costs on mineral properties in the Western United States and for general working capital.

Notable Quotes

(No direct quotes were provided in the release.)