Ms. Evandra Nakano reports
INFIELD MINERALS ANNOUNCES FINANCING
Infield Minerals Corp. has arranged a non-brokered private placement to raise gross proceeds of up to $115,000, comprising up to 3,833,333 common shares of the company at a price of three cents per common share.
Any securities issued under the financing will be subject to a statutory hold period of four months and one day from the date of issuance. The financing is subject to approval of the TSX Venture Exchange.
It is anticipated that certain officers and directors of the company will participate in the financing. The company may pay commissions to qualified finders in Canada in connection with the financing, in accordance with TSX-V policies.
Proceeds of the financing will be used to finance property costs on the company's mineral properties in Western United States and for general working capital purposes.
About Infield Minerals Corp.
Infield Minerals is currently exploring for gold within the U.S. Great Basin. The company's mission is to grow and deliver value through discovery, acquisitions and sustainable development of high-quality, high-potential assets for the social and economic benefits of its stakeholders. Founded in 2020, Infield is led by a team of mining entrepreneurs with extensive technical and resource evaluation experience.
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