Source: Infinity Stone Ventures.
Market Herald logo


Be the first with the news that moves the market

As demand rises and supply falls, battery and energy metals stocks are becoming more critical.

From battery and wind turbine manufacturers to nuclear and hydrogen energy producers, and energy metals speculators, the industry is seeking a diversified, single source supplier.

Infinity Stone Ventures Corp. (CSE:GEMS) is engaged in developing battery metals projects powering the green revolution.

The opportunity:

This is a story worthy of investor attention as the team has acquired 100 per cent interest in seven critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.

Two of Infinity Stone’s projects are directly adjacent to lithium exploration companies, Patriot Battery Metals (PMET:TSXV) and Frontier Lithium (FL:TSXV), that have seen impressive increase and share price and market capitalization over the past months.

Infinity Stone is currently undertaking extensive drilling and exploration programs underway on three core projects.

Initial scoping of Buda Pegmatite Project has been completed and 55 samples were delivered for assay.

A work program has begun at its Galaxy Pegmatite Project and a geochemical survey has been completed on its Zen-Whoberi Copper-Cobalt Project.

Most recently, the Vancouver, British Columbia-based company secured an option to acquire the Thor Manganite project on the Magdalene Islands in Québec.

The property covers 6.9 sq. km. in two blocks of 5.8 sq. km and 1.1 sq. km., respectively, is highly prospective for manganite, an important manganese ore mineral.

A historical report on the property’s larger, northern block identified 10 diamond drill holes which were reported to have intersected significant manganese mineralization.

The report mentioned that there is “459,333 tons of mill feed ore, which, it is believed, will yield 153,111 tons of ferro-grade ore after beneficiation,” but the company warns that it is not treating the historical estimate as current mineral resources or mineral reserves.

The company has the right to acquire a 100 per cent interest in the property upon paying $15,000 in cash, issuing 350,000 subordinate voting shares within 30 days, and paying $25,000 in cash and issuing 650,000 shares within one year. The property is subject to a 2 per cent net smelter return royalty, half of which the company can buy back for $1 million.

The company’s CEO, Zayn Kalyan, stated that over the past months, the team has been working to acquire battery metals projects that would help turn the company into an aggregator and owner of energy metals mineral deposits that are in strong demand.

“With the addition of the Property, we have acquired five of the six stones, and we are actively working to round out the portfolio with the acquisition of the sixth.”

CEO Kalyan leads an experienced management crew with deep exploration experience has raised hundreds of millions for projects over the last 20 years.

The deal:

To advance its operations, GEMS is advancing its non-brokered private placement, seeking up to C$300,000 with an offering price at $0.15 per unit, which consists of one share and one 1/2 share warrant at $0.30.

Net proceeds will be used for general working capital.

The company recently closed a first tranche for gross proceeds of $201,250 and a second tranche for $199,250.

To view or participate in the Infinity Stone Ventures Corp. Deal Room offering, click here.

The Deal Room is your destination to participate in exclusive financings, featuring some of the best companies – and deals – currently available on the market.

FULL DISCLOSURE:  The Market Herald is not registered as a broker, dealer, exempt market dealer, or any other registrant in any securities regulatory jurisdiction and will not be performing any registerable activity as defined by the applicable regulatory bodies. This deal room is for informational purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees, and expenses. The information contained in this deal room is selective and does not purport to contain all the information relating to Infinity Stone Ventures Corp. in all cases, parties should conduct their own investigation and due diligence, not rely solely on the data provided herein and are encouraged to consult with a financial adviser, lawyer, accountant, and any other professional that can help to understand and assess the risks associated with any investment opportunity.

More From The Market Herald

" @ the Bell: TSX snaps six-day selloff

A day after posting its longest streak of daily declines since May, Canada’s main stock index rose on Wednesday led by precious metal
Aston Bay Holdings Inc. - CEO, Thomas Ullrich.

" Aston Bay (TSXV:BAY) finds new copper-zinc mineralization

Aston Bay Holdings (BAY) has confirmed a mineralization discovery from hole ST22-10 at the Storm Copper Project in Nunavut.

" Central Iron Ore (TSXV:CIO) files new technical report

Central Iron Ore (CIO) has filed a new technical report for its South Darlot Gold Project.

" Silvercorp Metals Inc. Confirms Its Golden Potential with a Reserve and Resource Update

By Dr. Ryan D. Long