Infinitum Announces Closing of Kenadyr Transaction

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[{"type":"text","content":"Infinitum Announces Closing of Kenadyr Transaction\n(TheNewswire)\n\n\nVANCOUVER, BC / TheNewswire / December 19, 2025/ Infinitum Copper Corp. (TSXV: INFI)\n(“Infinitum” or the “Company”) is\npleased to advise it has closed the previously announced sale of\nExploraciones Margarita, S.A. de C.V.\nto Kenadyr Metals Corp. (now, Algo Grande Copper\nCorp. - “Algo\nGrande”). \n\n \n\nAs announced on June 20, 2025 and September 19, 2025,\nthe Company had agreed to sell to Algo Grande all of its shares in the\ncapital of Exploraciones Margarita, S.A. de C.V.\n(“EM”), a wholly-owned subsidiary of Infinitum and a\ncorporation existing under the laws of Mexico, which holds an 80%\ninterest in the “Adelita Project” located in the States of Sonora\nand Sinaloa, Mexico.\n\n \n\nFollowing receipt of conditional TSX Venture Exchange\napprovals, and the approval of the Company’s shareholder obtained at\nthe Company’s AGM held September 18, 2025, the transaction was\nclosed on December 18, 2025.  Under the terms\nof the transaction, Algo Grande acquired EM in exchange for:\n\n\n\n\n$100,000 in cash; and \n\n\n\n1,842,719 shares of Algo Grande, which are subject to\nvoluntary resale restrictions with releases occurring over a period of\n18 months. \n\n\n\n\nInfinitum will also receive a post-closing payment of\nan additional 901,600 shares in connection with the completion of a\nfinancing undertaken by Algo Grande in conjunction with the\ntransaction.\n\n \n\nOn Behalf of the Board of Directors\n\n \n\nAlex Gostevskikh\n\n\nChief Executive Officer\n\n\[email protected]\n\n\n(888) 455-7620\n\n  \n\nNeither TSX Venture Exchange nor its\nRegulation Services Provider (as that term is defined in the policies\nof the TSX Venture Exchange) accepts responsibility for the adequacy\nor accuracy of this release.\n\n \n\nCopyright (c) 2025 TheNewswire - All rights reserved.\n","length":5029,"tagName":"div"}]

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