Announces a non-brokered private placement of up to 18,000,000 units of the Company at a price of $0.05 per Unit, for aggregate gross proceeds of up to $900,000. Each LIFE Unit will be composed of one Class A Subordinate Voting share in the capital of the Company and one-half of one (1/2) Class A Subordinate Voting share purchase warrant. Each Warrant will entitle the holder thereof to acquire one additional Share at a price of $0.10 per Warrant Share for a period of 24 months from issuance. The Company intends to use the proceeds raised from the Offering for payment of account payables, exploration expenditures and general working capital. The Offering may close in tranches. The first tranche of the Offering is expected to close on or around May 25, 2023. Infinity Stone Ventures Corp shares C.GEMS are trading down one cent at $0.06.
Stocks in play: Infinity Stone Ventures Corp
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