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Infinico Metals Corp. (V:INFM)

Business Focus: Diversified Mining

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for INFM within the last 6 months
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Company News

May 02, 2024 07:00 ET
Infinico Metals Announces $1.4 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2024) - Infinico Metals Corp. (TSXV: INFM) ("Infinico" or the "Company") is pleased to announce a proposed non-brokered private placement financing (the "Offering") for gross proceeds of up to $1,400,000 composed of the sale of: (i) hard dollar units ("HD Units") at a price of $0.075 per HD Unit for gross proceeds of up to $400,000; and (ii) flow-through units ("FT Units") at a price of $0.09 per FT Unit and charity flow-through units (the "CFT Units") at a price of $0.145 per CFT Unit, in any combination, for gross proceeds of up to $1,000,000. Each HD Unit shall be composed of one common share (each, a "Share") in the capital of the Company and one-half of one Share purchase warrant (each, a "Warrant"), with each whole Warrant exercisable by the holder for a period of twenty-four (24) months from the date of issuance at a price of $0.15 per Warrant. Each FT Unit and each Charity FT Unit shall be composed of one common share that qualifies as a "flow-through share" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec))(each, a "FT Share") and one-half of one Warrant, with each whole Warrant exercisable by the holder for a period of twenty-four (24) months from the date of issuance at a price of $0.15 per Warrant.
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Apr 24, 2024 07:00 ET
Infinico Metals Corp. Identifies New Borehole and Surface Electromagnetic Conductors at its Nicobi Magmatic Nickel Sulphide Project
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2024) - Infinico Metals Corp. (TSXV: INFM) ("Infinico" or the "Company") is pleased to announce it has received encouraging results from borehole electromagnetic (BHEM) surveys completed during the January 2024 drill program, and newly interpreted conductive features identified from surface electromagnetic surveys conducted in 2015 and 2023 on its Nicobi Project, located 160 kilometres northeast of Val-d'Or, Québec.
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Valuation Ratios

Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
--
7.07
4.91
Price to Book - most recent quarter
2.57
2.24
2.15
Price to Cash Flow per share - TTM
--
9.18
9.96
Price to Free Cash Flow per share - TTM
--
15.99
20.44
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Apr 30, 202415,0130
Mar 15, 2024239-19,761
Feb 29, 202420,0000
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Business Summary

Sector:  Basic Materials Industry:  Diversified Mining

Infinico Metals Corp. is focused on the exploration for critical metals (nickel, copper, and cobalt) in the province of Quebec. The Company has an option agreement with Globex Mining Enterprises Inc. on the Dalhousie Project, which hosts magmatic Ni-Cu-Co sulfide mineralization. The Dalhousie Project consists of approximately 31 claims located over 53 kilometers (km) to the east of Matagami and four km south of Ramsay Bay at Lac au Goeland, Quebec. The Company also holds a series of key gold prospects on the Burin Peninsula, Newfoundland, where it has completed 6,840 meters of diamond drilling on the Hickey's Pond target. Hickey's Pond is a gold showing within the Burin Gold Project, a Neoproterozoic high-sulphidation gold system located on the Burin Peninsula, Newfoundland. The property encompasses two parallel mineralized trends: the Hickey's Pond trend and the Paradise trend. Its Hickey's Pond-Paradise Gold Project hosts several historical high-sulphidation gold showings.

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