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Infinitum Copper Corp. (V:INFI)

Business Focus: Copper Ore Mining

Get the company report for the most recent outlook updated daily

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for INFI within the last 6 months
See all filings within the past 6 months

Company News

Jun 07, 2024 07:41 ET
Infinitum Copper Closes $CAD450,000 Placement
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2024) - Infinitum Copper Corp. (TSXV: INFI) (OTCQB: INUMF) ("Infinitum Copper" or the "Company") announces that it has closed its previously announced non-brokered private placement financing. The private placement tranche was completed with a total of 11,250,000 units (the "Units") at a price of $0.04 per Unit, for gross proceeds of $450,000 (the "Offering"). Each Unit consists of one common share of the Company (each, a "Common Share") and Common Share purchase warrant of the Company. Each purchase warrant (each, a "Warrant") entitles the holder to purchase one additional Common Share for a period of three (3) years from closing at a price of $0.06.
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Apr 29, 2024 01:08 ET
Infinitum Copper Updates C$450,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2024) - Infinitum Copper Corp. (TSXV: INFI) (OTCQB: INUMF) ("Infinitum" or the "Company"). Further to the Company's news release of April 15, 2024 the Company has amended the terms of its private in light of the 1:2 roll back. The placement will now raise gross proceeds of up to C$450,000 through the issue of up to 11,250,000 units of the Company (the "Units") at a price of C$0.04 per Unit (the "Offering").
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Valuation Ratios

Price to Sales - TTM
Price to Book - most recent quarter
Price to Cash Flow per share - TTM
Price to Free Cash Flow per share - TTM
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Short Report

DateNumber of Shares ShortedNet Change
May 15, 20242,836131
Apr 30, 20242,705-217
Apr 15, 20241,461289
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Business Summary

Sector:  Basic Materials Industry:  Specialty Mining & Metals

Infinitum Copper Corp. is a Canada-based mining exploration company. The Company is focused on exploration and discovery of properties containing copper mineralization in Mexico. The Company is advancing La Adelita project, where the Company has an option to earn an 80% interest. The copper-silver-gold La Adelita Project is located in Sonora and Sinaloa states in Mexico. La Adelita project includes seven mining claims covering approximately 6,446 hectares. It also has an option to earn a 25 % interest in the Hot Breccia project in the heart of the Arizona Copper Belt, about 90 kilometers north of Tucson, Arizona. The Hot Breccia project is prospective for porphyry copper and copper skarn mineralization. The Hot Breccia project consists of over 35 unpatented federal mining claims over the heart of the zone, plus 192 surrounding unpatented claims.

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