Talent Infinity amends private placement terms

Executive Summary

• Talent Infinity Resource Developments Inc. amended its previously announced non‑brokered private placement, reducing the target size from $475,000 to $300,000.
• The company will now issue up to 6 million common shares at C$0.05 per share, with no accompanying warrants.
• Gross proceeds are earmarked for general working capital; finders’ fees may be paid and a statutory hold period of four months plus one day applies.

Key Details

• Amended Offering Size: Reduced to a maximum aggregate gross proceeds of C$300,000 (down from the originally announced $475,000).
• Securities Offered: Up to 6 million common shares only; no share purchase warrants included.
• Price per Share: C$0.05.
• Use of Proceeds: General working capital purposes.
• Finders’ Fees: May be paid in accordance with Canadian Securities Exchange policies.
• Statutory Hold Period: All securities issued will be subject to a hold period of four months plus one day from issuance date.

Notable Quotes

(No executive quotes were provided in the release.)