Infield Minerals Secures $1.25 Million in Private Placement

Infield Minerals Corp. has announced the closure of a $1.25 million non-brokered private placement. This financing involved the issuance of 25 million units, each priced at $0.05. Each unit includes one common share and a warrant allowing the purchase of an additional share for $0.10 until May 12, 2027. The warrants may expire sooner if conditions are met.

Proceeds from this financing will support mineral exploration in the western United States and cover general administrative expenses. Notably, the CEO, Evandra Nakano, acquired 1,700,000 units. Her investment now represents a 10.55% stake on a non-diluted basis.

This financing strategy aims to bolster Infield's exploration efforts without incurring significant external brokerage fees. The company leverages insider participation with transparency, adhering to Canadian securities regulations.