Source: Infinity Stone Ventures Corp.
  • Infinity Stone Ventures (GEMS) has closed the first tranche a flow-through private placement for gross proceeds of $400,000
  • The company issued 2,000,000 units for $0.20 per unit
  • Infinity Stone is a supplier of critical energy metals
  • Infinity Stone Ventures Corp. (GEMS) opened trading at C$0.225

Infinity Stone Ventures (GEMS) has closed the first tranche of a flow-through private placement for gross proceeds of $400,000.

The company issued 2,000,000 units for $0.20 per unit. Each unit consists of one Class A Subordinate Voting share and one-half of one share purchase warrant. Each whole warrant is exercisable for one share for a period of three years.

The company issued 140,000 finders’ warrants, and paid finder’s fees of $28,000. 

Infinity Stone’s mission is to be a diversified, single-source supplier for the critical energy metals used in the clean energy revolution alongside its established SaaS solution portfolio. The company’s primary business units include HealthCheck (Stratum Health Technologies LLC) and its energy metals portfolio. 

Infinity Stone Ventures Corp. (GEMS) opened trading at C$0.225.


More From The Market Online

BlackBerry expands AI-powered cybersecurity service

BlackBerry (TSX:BB) releases the new and expanded CylanceMDR, a managed detection and response tool backed by its Cylance AI platform.

Qualcomm stock jumps on Q2 2024 earnings

Qualcomm (NDAQ:QCOM) shares rise nearly 10 per cent early Thursday on better-than-expected adjusted earnings and strong revenue guidance.

Fobi AI could address a market in the trillions: Why it’s time to buy

Fobi AI (TSXV:FOBI) is an essential stock to consider to capitalize on the exponential trends of digital wallets and artificial intelligence.