Infinity Stone Provides Update on Rockstone Drill Program and Corporate Update

Infinity Stone Provides Update on Rockstone Drill Program and Corporate Update

Highlights
  • Infinity Stone has been active with exploration across its portfolio of battery metals projects over the past 6 months
  • Rockstone Drill Program has begun, with the first core samples recovered from the RS-22-01 drill hole
  • Infinity Stone is well positioned in the rapidly growing battery metals sector in Quebec and Ontario to support the North American market
  • Multiple short-term catalysts for growth, including assays, geophysics, and drilling, across portfolio

Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the " Company " or " Infinity Stone "), is pleased to provide a general corporate update on the Company's recent activities, initiatives and upcoming catalysts for growth. Infinity Stone has been active with exploration on its four core battery metal projects with extensive prospecting and preliminary work ahead of planned and ongoing drilling programs. The Company's current drill program on the Rockstone Graphite Project has recovered its first core sample from the RS-22-01 drill hole, a twinned hole of the GC-12-01 discovery hole, which intercepted 25% Cg over 24 metres.

Infinity Stone Ventures Corp. Logo (CNW Group/Infinity Stone Ventures)

"Battery metals, and lithium specifically, have been one of the only performing asset classes over the past year, in a volatile economic climate driven by inflation and rising interest rates. We have stayed true to our goal of providing a diversified investment platform for battery metals and believe we are still in the early stages of a market that is about to take off", said Zayn Kalyan , CEO of Infinity Stone Ventures. "It seems that on a nearly daily basis there are announcements of investment and development in the lithium-ion battery supply chain in North America . From new battery metal processing infrastructure to EV manufacturing plants, it is quickly becoming evident that Quebec and Ontario are at the epicentre of a major shift of investment from government and the private sector. With major manufacturers such as Tesla, Mercedes and VW making direct investment in battery metal mining and exploration companies, it is an unprecedented time to be in this industry, and Infinity Stone is ideally positioned," furthered Mr. Kalyan.

Short-Term Catalysts for Growth

Investor Presentation

Schedule Call with Management

Recent News
Media Articles and Features
  • November 4, 2022 - Stockhead: Infinity Stone supplies 150kg pegmatite sample from Galaxy to be processed into CRM
  • November 3, 2022 - Proactive: Infinity Stone Ventures expands claims at Galaxy project in Quebec showing a "sea of pegmatites"
  • November 3, 2022 - Resource Stock Digest: Infinity Stone Ventures (CSE: GEMS)(OTC: GEMSF) CEO Zayn Kalyan on De-Risking & Advancing A Critical Metals Portfolio to Help Meet Surging Demand
  • November 2, 2022 - AGORACOM: Infinity Stone $GEMS Is Collecting Minerals For EV Batteries That Iron Man & The Avengers Would Envy
  • November 2, 2022 - Stockhouse Publishing: Infinity Stone Further Expands Galaxy Lithium Project with New Zone
  • October 21, 2022 - Independent Tribune: Zayn Kalyan : Lithium shortage will require more mining to speed the production of electric vehicles
  • October 20, 2022 - Virtual Investor Conferences: Infinity Stone Ventures Corp. (OTCQB: GEMSF | CSE: GEMS)
  • October 17, 2022 - Resource Stock Digest: Infinity Stone Ventures (CSE: GEMS)(OTC: GEMSF) CEO Zayn Kalyan on Unlocking Key Battery Metals Via Multiple High-Potential Projects in the Tier-One Jurisdictions of Ontario and Quebec, Canada
  • October 7, 2022 - Stockhead: Infinity Stone Ventures Draws Australian Support for 2.1M Raising
  • October 6, 2022 - The Market Herald: Infinity Stone (CSE:GEMS) closes $2.1M private placements and announces intention to dual list on ASX
  • October 2, 2022 - AGORACOM: Thanos Would Be Jealous Of This Critical Minerals Collection | Infinity Stone $GEMS
  • September 29, 2022 - Stockhead: Infinity Stone Ventures Kicks Off Its Grand Canada Lithium Adventure
Qualified Person

Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a "Qualified Person" as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Company.

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. 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.

To register for investor updates please visit https://infinitystone.ventures .

Connect with Infinity Stone

Email | Website | Facebook | LinkedIn | Twitter | Instagram |

Forward Looking Statements Disclaimer

This press release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "projects", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this press release are based upon what management of Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements may also be affected by risks and uncertainties in the business of the Company, including those described in the Company's public filings available on www.SEDAR.com . The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/infinity-stone-provides-update-on-rockstone-drill-program-and-corporate-update-301674420.html

SOURCE Infinity Stone Ventures

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/November2022/10/c6008.html

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CSE Bulletin: Consolidation - Infinity Stone Ventures Corp.

CSE Bulletin: Consolidation - Infinity Stone Ventures Corp.

Infinity Stone Ventures Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every two (2) pre-consolidated common shares.

As a result, the outstanding shares of the company will be reduced to approximately 44,507,230 common shares.

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- Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the " Company " or " Infinity Stone "), is pleased to announce it will become available today at 10:00am EST under the ticker symbol " GEMS " on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex ("Horizon") and MERJ Exchange Limited ("MERJ").  Infinity Stone's free digital collectible NFT commemorating the dual listing is now available for all Upstream participants to claim with the claim code " GEMS".

Infinity Stone Ventures Corp. Logo

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INFINITY STONE VENTURES APPROVED TO CROSS LIST ON UPSTREAM

- Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the " Company " or " Infinity Stone "), is pleased to announce it has been approved to cross list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (" Horizon ") and MERJ Exchange Limited (" MERJ "). Trading is anticipated to become available on Upstream July 6, 2023 at 10:00am ET under the ticker symbol " GEMS ".

The cross listing on Upstream is designed to provide Infinity Stone the opportunity to access a global, digital-first investor base outside the U.S. that can trade using USDC digital currency along with credit, debit, PayPal, and USD; unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in the Canadian Securities Exchange-listed company.

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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TSX Venture Exchange (TSX-V): LIT  
Frankfurt Stock Exchange (FSE): OAY3

/NOT FOR DISTRIBUTION TO UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

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Highlights

- Successful settlement of Tranche 1 of the share placement to sophisticated and professional investors, raising $1.94 million

- Entitlement Offer to open to shareholders on 11 November 2024

- Tranche 2 of the Placement (subject to shareholder approval) is anticipated to be completed on or around 9 December 2024, raising $0.20 million

- Funds will be predominately used to further progress the Definitive Feasibility Study and the payment of the Becancour land option costs

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Tranche 2 Placement

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Entitlement Offer

The Entitlement Offer will open on Monday, 11 November 2024 and has been made under a transaction-specific prospectus that was lodged with ASIC and ASX on 1 November 2024.



About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.



Source:
Lithium Universe Ltd

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FRA): OAY3
OTCQX Venture Market (OTC): PNXLF

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MEDIA CONTACT:
Mike Stier
Chief Executive Officer and Director
mike@sagametals.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228925

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