Mr. Glenn Giles reports

INFINITY STONE CLARIFIES TESLA IRON PROJECT DISCLOSURE

Infinity Stone Ventures Corp. has clarified the following two news releases issued on Dec. 27, 2023, and Jan. 10, 2024.

The company wishes to clarify that the historical estimates do not comply with National Instrument 43-101, paragraphs 2.4 (a) to (g) "Disclosure of Historical Estimates," the company clarifies a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and the company clarifies it is not treating the historical estimate as current mineral resources or mineral reserves, a qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources, and the historical estimate should not be relied upon.

The technical review was compiled by Isabelle Robillard, PGeo, a qualified person for the purposes of NI 43-101, Standards of Disclosure for Mineral Projects, reviewed and approved the scientific and technical information contained in the news release of Jan. 10, 2024. The historical information reviewed were as follows.

References

1. Sujkowski, Z. L., 1952 -- the geological structure of Fenimore Iron Mines Ltd. concession in Ungava peninsula; Fenimore Iron Mines Ltd.; GM 02135-C;
2. Beland, R., 1953 -- ore reserves calculation with seven plans; Fenimore Iron Mines; GM 02823-B;
3. MRN, 1971 -- Le Fer au Quebec; special paper ES 012.

Readers are cautioned that the quoted estimates date back to 1955 and were mentioned in a compilation of iron occurrences in Quebec. Their relevance and reliability remain uncertain. The historical assessment predates the NI 43-101 and related policies. They were based on limited drill holes -- 39 drill holes for Gossen Hill and three drill holes for Red Hill. Assay results were reported but are not validated with certificates of analysis. Since they predated NI 43-101, none of these historical assessments led to a categorization of any of the metals or minerals described therein as a mineral resource as defined in NI 43-101. There are no other exploration works or more recent resources estimate that are known to have taken place since Fenimore Iron Mines in 1955 and a new resource estimate should be started from the beginning in order to verify historical reserves stated herein. Therefore, a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and the issuer is not treating the historical estimate as current mineral resources or mineral reserves.

No one with the company, including Ms. Robillard, has conducted any work to verify any of the historical information or data reported, and, as such, the information should not be relied upon.

The company is in the process of using the historic information to create plans to verify the historical information by twinning historic reported holes, then infill and stepout drilling -- all based on financing and results. The current board of directors consists of Glenn Giles, interim chief executive officer and director, Jeremy Close, interim chief financial officer and director, and Ana Laura Lopez Pineda, interim corporate secretary and director.

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 metal 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 project, located in Quebec; the Thor manganite occurrence located in Quebec; ground in Ontario and British Columbia (in the area of American Eagle Gold Corp. and Defense Metals Corp.); the Crazy What Love Can Do Copper project in Quebec; ground adjacent to Frontier Lithium in Ontario; ground adjacent to Li-FT Power in Northwest Territories; and ground adjacent to Power Metals in Ontario.

We seek Safe Harbor.