Vancouver, British Columbia–(Newsfile Corp. – July 28, 2022) – Infinity Stone Ventures Corp. (CSE: GEMS) (OTC Pink: TLOOF) (FSE: B2I) (the “Company” or “Infinity Stone“), is pleased to announce the closing of the second tranche of a financing (the “Financing“) of units (each, a “Unit“) of the Company through the issuance of 1,328,333 Units at a price of $0.15 per Unit, for gross proceeds of $199,250. Each Unit is comprised of one Class A Subordinate Voting Share (a “Share“) and one-half (1/2) of one share purchase warrant (a “Warrant“). Each whole Warrant is exercisable into one (1) Share (a “Warrant Share“) at a price of $0.30 for a period of three (3) years from the date of issuance.
In connection with the first tranche, the Company issued 15,600 finders’ warrants, and paid finder’s fees of $2,340. Each finders’ warrant is exercisable at a price of $0.30 for a period of two (2) years from the date of issuance.
The Company intends to use the net proceeds from the financing towards general working capital.
About Infinity Stone Ventures
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 solution portfolio. The Company’s primary business units include HealthCheck (Stratum Health Technologies LLC) and its energy metals 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% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.
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Infinity Stone Contact
CEO and Director
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Forward-Looking Statements Disclaimer
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