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Infini Resources Ltd. ( (AU:I88) ) has issued an update.
Infini Resources Ltd. has announced a proposed issuance of 4,050,223 fully paid ordinary securities, slated for February 14, 2025. This move is part of a placement or other type of issue, which may affect the company’s operations by potentially increasing its capital base and enhancing its financial flexibility. The announcement could also impact the company’s market positioning by attracting new investors and possibly affecting stakeholder interests.
More about Infini Resources Ltd.
Infini Resources Ltd. operates in the resources industry, focusing on the exploration and development of resource-based projects. It is engaged in the assessment and potential extraction of natural resources, aiming to enhance its market presence and value in the sector.
YTD Price Performance: 19.09%
Average Trading Volume: 116,233
Technical Sentiment Consensus Rating: Strong Sell
See more insights into I88 stock on TipRanks’ Stock Analysis page.
