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Infinity Stone (CSE:GEMS) options Taiga Lithium Project

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CSE:GEMS
01 September 2022 12:00 (EDT)

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Infinity Stone Ventures Corp. (GEMS) has agreed to acquire a 100 per cent interest in the Taiga Lithium Project.

The project is adjacent to Patriot Battery Metals’ Corvette Lithium discovery in the James Bay Region of Quebec.

CEO Zayn Kaylan sat down with Daniella Atkinson to discuss the news.

The company has the option to acquire a 100 per cent interest in the Taiga Project by making cash payments totalling $305,000, issuing a total of 3,000,000 Class A subordinate voting shares, incurring a total of $550,000 in exploration expenditures over the course of three years and issuing upon execution (complete) a total of 1,500,000 share purchase warrants.

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$0.35.


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