Mr. Zayn Kalyan reports

INFINITY STONE ANNOUNCES SALE OF JAMES BAY PROJECT

Infinity Stone Ventures Corp. has executed a definitive agreement with Galan Lithium Ltd. and Redstone Resources Ltd. to sell all of Infinity Stone's rights, title and interest to its Taiga, Hellcat and Camaro properties, located in the James Bay lithium district of Quebec.

Pursuant to the terms of the agreement, in consideration for the company's interest in the property, the company will receive total cash consideration of $500,000 and 250,000 shares in the capital of Galan, whose shares are listed on the Australian Securities Exchange. Of the Galan shares received by the company, 225,000 of such Galan shares will be paid to an arm's-length third party as a finder's fee.

In addition, the purchasers will grant to the company a 2-per-cent net smelter royalty from mineral production on certain of the claims comprising the property, 1 per cent of which may be repurchased from the company by the purchasers for $1-million.

The sale of the property will help strengthen the company's cash position and allow the company to focus on its other exploration projects, including the Zen-Whoberi project in Ontario. Closing of the transaction is anticipated to occur on or about Oct. 5, 2023. Completion of the transaction is subject to the satisfaction or waiver of all conditions set out in the agreement, as well as the receipt of all regulatory and stock exchange approvals.

In addition to the sale of the company's interest in the Taiga property, pursuant to the agreement, the company has granted a three-month exclusive option to the purchasers to acquire the company's entire right, title and interest to the PAK South and PAK Southwest properties in Ontario in consideration for: (i) a cash payment of $20,000, payable upon signing the agreement; and (ii) either a cash payment of $200,000 or the issuance of such number of Galan shares as is equal to $230,000, based on the five-day volume-weighted average closing price of the Galan shares on the ASX at the time the option is exercised. Exercise of the option is at the discretion of the purchasers.

Resignation of director

The company also announces that Case Lewis has stepped down from the board of directors of the company. The company would like to thank Mr. Lewis for his contributions to the company.

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 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 a 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.

We seek Safe Harbor.