INFINITY STONE VENTURES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC, May 12, 2023 /PRNewswire/ -- Infinity Stone Ventures Corp. (CNSX:GEMS.CN) (OTC:GEMSF) (FSE:B2I) (the "Company" or "Infinity Stone"), is pleased to announce a non-brokered private placement of up to 18,000,000 units of the Company ("Units") at a price of $0.05 per Unit (the "Offering"), for aggregate gross proceeds of up to $900,000. Each LIFE Unit will be composed of one (1) Class A Subordinate Voting share in the capital of the Company (a "Share") and one-half of one (1/2) Class A Subordinate Voting share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one (1) additional Share (a "Warrant Share") at a price of $0.10 per Warrant Share for a period of 24 months from issuance.