RE: MIO/MMS24 Nov 2021 14:09
Key Points
Under the offer, the Company intended to raise between $7 million and $10 million with the offer closing oversubscribed at its targeted maximum subscription of $10 million
Infinity is on track to complete its Initial Public Offering (IPO) and list on the Australian Securities Exchange (ASX)
Reserved ASX ticker code IMI
Infinity, a spin-out of Macarthur’s non-iron assets will fast track further exploration and the future development potential of the Pilbara Assets and allow Macarthur to focus solely on the development of its flagship iron ore projects situated at Lake Giles in the Yilgarn region of southwestern, Western Australia.