Ms. Ana Lopez Pineda reports
MCTO GRANTED - UPDATE
Infinity Stone Ventures Corp. had been
granted a management cease trade order (MCTO) from the British Columbia, Alberta and Ontario
securities commissions under National Policy 12-203 -- Cease Trade Orders for Continuous
Disclosure Defaults (NP 12-203), which will prohibit trading securities of the company by certain
individuals until such time as the required filings (defined below) and all continuous disclosure
requirements have been filed by the company and the MCTO has been lifted. Infinity Stone is
required to provide an update every two weeks.
While the MCTO is effective, all management, officers and directors of the company will be
prohibited from trading in the company's securities, but the general public, who are not insiders of
the company, will continue to be able to trade in the company's listed securities.
The company was unable to file its audited financial statements for the year ended Aug. 31, 2023,
and the related management's discussion and analysis, and chief executive officer and chief
financial officer certificates for this period before the Dec. 29, 2023, filing deadline.
The company's failure to file its required filings by the filing deadline is due to recent financial
difficulties affecting the issuer's ability to finance its audit and recent changes to the company's
management, including a change in the company's chief financial officer. The company anticipates
that it will be in a position to file the required filings on or about Jan. 29, 2024, as per direction
from company bookkeeper previous chief financial officer. The MCTO will be in effect until the required filings are
filed.
The company confirms that there is no other material information relating to its affairs that has not
been generally disclosed. The company will provide updates as further information relating to the
annual financial filings becomes available. The company intends to satisfy the provision of the
alternative information guidelines set out in sections 9 and 10 of NP 12-203 as long as the required
filings are outstanding.
About Infinity Stone Ventures
Corp.
Infinity Stone's mission is to be a diversified, single-source supplier for the critical energy metals being
used in the clean energy revolution alongside its established SaaS (software-as-a-service) solution portfolio. Infinity Stone is
meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy
producers, and energy metals speculators by acquiring 100-per-cent interest in critical mineral deposits and
occurrences in stable mining-friendly jurisdictions, close to final-use destinations in North American
manufacturing hubs. The company recently announced the 100-per-cent acquisition of the Tesla iron projects located in
Quebec, the Thor manganite occurrence located in Quebec, ground in Ontario and British Columbia in
the area of American Eagle Gold Corp., Defense Metals Corp. and NeoTech Metals Corp., lithium potential
with ground adjacent to both Frontier Lithium in Ontario and Li-Ft Power in the Northwest Territories, and recently announced
Crazy What Love Can Do copper project in Quebec.
We seek Safe Harbor.
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