Infinico Metals Corp. Announces Termination of Options Agreement
Infinico Metals Corp. Announces Termination of Options Agreement
Vancouver, Canada, July 25, 2024 – Infinico Metals Corp. (“Infinico” or the “Company”) (TSX-
V: INFM) announces that it has terminated the Option Agreement dated July 31, 2023 with
Globex Mining Enterprises Inc. Following the Termination of the Option Agreement Infinico
Metals Corp. has relinquished its option to acquire the Dalhousie Property, located in Québec,
Canada.
About Infinico Metals Corp.
Infinico Metals Corp. is a public company on the TSX Venture Exchange (TSX-V: INFM) focusing
on the exploration for critical metals in the province of Québec. The Company has signed an
option agreement on the Nicobi Project, located approximately 160 kilometres northeast of
Val d’Or, Québec, hosting magmatic Ni-Cu-Co sulphide mineralization.
For more information, please contact:
Sam Walding, Chief Executive Officer
Telephone: (+44) 7568 508610
www.infinicometals.com
Forward Looking Statements
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
This News Release includes certain “forward-looking statements” which are not comprised of
historical facts. Forward looking statements include estimates and statements that describe
the Company’s future plans, objectives or goals, including words to the e ffect that the
Company or management expects a stated condition or result to occur . Forward looking
statements may be identified by such terms as “believes”, “anticipates”, “expects”,
“estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are
based on assumptions and address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Although these statements are based on information
currently available to the Company, the Company prov ides no assurance that actual results
will meet management’s expectations. Risks, uncertainties and other factors involved with
forward-looking information could cause actual events, results, performance, prospects and
opportunities to differ materially fr om those expressed or implied by such forward -looking
information. Forward looking information in this news release includes, but is not limited to
the termination of the Option Agreement , the Company’s objectives, goals or future plans,
statements, exploration results, potential mineralization, the estimation of mineral resources,
exploration and mine development plans, timing of the commencement of operations and
estimates of market conditions. Factors that could cause actual results to differ materially
from such forward-looking information include, failure to identify mineral resources, failure
to convert estimated mineral resources to reserves, the inability to complete a feasibility study
which recommends a production decision, the preliminary nature of metallurgical test results,
delays in obtaining or failures to obtain required governmental, environmental or other
project approvals, political risks, inability to fulfil the duty to accommodate First Nations and
other indigenous peoples, uncertainties relating to the availability and costs of financing
needed in the future, changes in equity markets, inflation, changes in exchange rates,
fluctuations in commodity prices, delays in the development of projects, capital and operating
costs varying significantly from estimates and the other risks involved in the mineral
exploration and development industry, an inability to predict and counteract the effects of
COVID-19 on the business of the Company, including but not limited to the effects of COVID -
19 on the price of commodities, capital market conditions, restriction on labour and
international travel and supply chains, and those risks set out in the Company’s publi c
documents filed on SEDAR. Although the Company believes that the assumptions and factors
used in preparing the forward-looking information in this news release are reasonable, undue
reliance should not be placed on such information, which only applies as of the date of this
news release, and no assurance can be given that such events will occur in the disclosed time
frames or at all. The Company disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information, future events or
otherwise, other than as required by law.