Key developments in Infinity Mining's expansion

Infinity Mining (ASX:IMI) has executed formal sale and royalty agreements to acquire gold and copper projects in New South Wales, Victoria, and Tasmania. This move follows shareholder approval and a successful A$2 million placement.

Infinity Mining's strategic expansion outlook

Infinity Mining has taken a significant step in expanding its portfolio by acquiring gold and copper projects in New South Wales, Victoria, and Tasmania. The company successfully raised A$2 million to facilitate these acquisitions, which have received shareholder approval. While the focus includes these new projects, Infinity Mining remains committed to lithium exploration, particularly in its Pilbara tenements. The company's broader strategy encompasses exploring lithium, nickel, copper, and gold, aiming to leverage its 100% interest in tenements across Australia. Future updates regarding the finalization of these transactions will be communicated to shareholders, aligning with the company's growth and expansion objectives.

Executive insights on Infinity Mining's strategic move

Infinity Mining is pleased to announce the execution of formal sale and royalty agreements for the acquisition of a portfolio of gold and copper projects. This follows the successful completion of a placement raising A$2 million, satisfying all conditions precedent for the acquisitions. We are set to finalize these transactions shortly and will update shareholders accordingly.