Infinity Mining Limited’s Financial Maneuvers Amidst Challenges

Infinity Mining Limited (AU:IMI) has released an update.

Infinity Mining Limited reported a challenging quarter ending September 2024, with operating cash flows showing a deficit, largely due to staff and administrative costs. Despite these challenges, the company bolstered its financial position through financing activities, securing net proceeds of $322,000. Investors may find interest in the company’s proactive steps in managing cash flows and securing funds for future operations.

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