| Vancouver, BC, February 7, 2023 – Infinity Stone Ventures Corp. (CSE:GEMS) (OTC:GEMSF) (FSE:B2I) (the “Company” or “Infinity Stone”), is pleased to announce that it has optioned the 38,441-hectare Sugar Loaf and Little Dipper Lithium Projects (the “Sugar Loaf Project” and “Little Dipper Project”, respectively; collectively, the “Projects”). The Sugar Loaf Project is located 15 kilometres from both Sigma Lithium Resources’ (“Sigma Lithium”) (NASDAQ:SGML) Grota do Cirilo Project and Lithium Ionic Inc’s (“Lithium Ionic”) (TSXV:LTH) Itinga Project in the state of Minas Gerais, Brazil. The Little Dipper Project is located in the state of Ceará, approximately 10 kilometres from Oceana Lithium Ltd.’s (“Oceana”) (ASX:OCN) Solonopole Lithium Project. The Sugar Loaf Project comprises 13 exploration permits, while the Little Dipper Project comprises 9 exploration permits. (Figures 1 & 2). The Sugar Loaf and Little Dipper Projects were optioned on the basis of perceived geological potential from known mineralized trends. Both Minas Gerais and Ceará have become regions of interest for hard rock lithium exploration, with a number of early and later stage exploration companies active in the region, as well as companies much closer to production such as Sigma Lithium. Brazil has been recognized as one of the world’s major high-grade lithium producers. For example, LG Energy Solutions (“LG”) recently secured a 6-year offtake agreement with Sigma’s subsidiary Brazilian Sigma Mineração SA. LG is a battery supplier to multiple EV companies, including Tesla Inc. (NASDAQ:TSLA). Sigma’s properties are located in the municipalities of Araçuaí and Itinga, in Brazil’s mining-friendly Minas Gerais State, approximately 450 kilometres northeast of the state capital of Belo Horizonte. Sigma holds 27 mineral rights in four properties spread over 191 square kilometres (19,100 hectares), which include nine past-producing lithium mines.Figure 1: Sugar Loaf Project Area Map |
 Figure 2: Little Dipper Project Area Map |
| Infinity Stone intends to conduct a satellite imagery-based spectral analysis to determine areas of interest for targeted exploration. Following this, the Company intends to mobilise an exploration team immediately to the Projects to conduct initial groundwork, including grab and channel sampling, trenching, and mapping. There will be a focus on identifying pegmatites across the claim blocks that have the potential for lithium-cesium-tantalum (LCT) mineralization. The Company notes that mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s properties. Option TermsPursuant to an option agreement (the “Option Agreement”) dated February 2, 2023 between the Company and Talisman Venture Partners Ltd. (“Talisman”), the Company has been granted an option to acquire the Projects upon: (i) payment of $50,000 on execution (paid), $100,000 within 30 days of execution and $150,000 within 180 days of execution; and (ii) issuance of 4,000,000 class A subordinate voting shares (“Shares”) of the Company within 30 days of execution and 4,000,000 Shares within 180 days of execution. Upon the Company earning in under the Option Agreement, Talisman will retain a 1% net smelter royalty (NSR) over the Projects, half of which may be repurchased by the Company for $1,000,000 within 90 days of the public filing of a bankable feasibility study respecting the Projects. Stock Option Issuance & Marketing EngagementInfinity Stone has retained Machai Capital Inc. (“Machai”) to provide digital marketing services (the “Engagement”). Machai will provide certain digital marketing services in compliance with the policies and guidelines of the Canadian Securities Exchange and other applicable legislation. The Engagement has an initial term of six months, Machai will receive $80,000 in cash plus applicable taxes and be issued 400,000 stock options at an exercisable price of $0.25 for a 5-year term. Machai is at arm’s length to Infinity Stone and has no other relationship with the company except pursuant to the Engagement. References:1.https://www.prnewswire.com/news-releases/sigma-lithium-and-lg-energy-solution-sign-milestone-six-year-binding-term-sheet-for-lithium-offtake-agreement-301392472.html 2.https://insideevs.com/news/630122/tesla-battery-supplier-lg-invests-increased-production/Qualified PersonTechnical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a “Qualified Person” as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Company. About Infinity Stone VenturesInfinity Stone’s mission is to be a diversified, single source supplier for the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs. To register for investor updates please visit https://infinitystone.ventures. Connect with Infinity StoneEmail | WebsiteInfinity Stone ContactZayn KalyanCEO and DirectorDirect: 778-938-3367zayn@altuscapital.caThe Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release. Forward Looking Statements Disclaimer This press release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “projects”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this press release are based upon what management of Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements may also be affected by risks and uncertainties in the business of the Company, including those described in the Company’s public filings available on www.SEDAR.com. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. |
Company Relationship Disclosure
OTB is responsible for the OTB opinions provided in this disclosure except all sources or information provided by other parties were not verified or authenticated and OTB does not undertake to confirm or substantiate or be responsible for such information provided by other parties.
Any Content posted regarding a Profiled Issuer is not a solicitation or recommendation to buy, sell or hold securities. We cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. All information should be independently verified. We are not responsible for errors or omissions in our publications, and any opinions expressed are subject to change, without notice. We do not, nor are we under any obligation to undertake due diligence or investigation or authenticate and verify whatsoever regarding Profiled Issuers or any Content posted in relation thereto and we do not receive any verification from the Profiled Issuer regarding the Content we disseminate. Similarly, while we endeavor to facilitate the provision of quality information, we are not responsible for any loss or damages caused or alleged to have been caused by its use nor verify or authenticate or update such information.
Pursuant to an agreement between StoneBridge Partners LLC and Infinity Stone Ventures Group. We have been hired for a period of 180 days beginning August 15, 2022 and ending February 15, 2023 to publicly disseminate information about (GEMS) including on the Website and other media including Facebook and Twitter. We are being paid $2,500 per month for a period of 6 months. We own zero shares of (GEMS), which we purchased in the open market. We plan to sell the “ZERO” shares of (GEMS) that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of (GEMS) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.
This article contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs regarding future performance are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “expects”, “does not expect”, “is expected”, “believes”, “intends”, “anticipates”, “does not anticipate”, “believes” or variations of these words, expressions or statements, that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, will occur or will be realized. Such forward-looking statements involve risks, uncertainties and other known and unknown factors that could cause actual results, events or developments to differ materially from the results, events or developments expected and expressed or implied in such forward-looking statements. These risks and uncertainties include, but are not limited to, dependence on obtaining and maintaining regulatory approvals, including the acquisition and renewal of federal, provincial, state, municipal, local or other licenses, and any inability to obtain all necessary government authorizations, licenses and permits to operate and expand the Company’s facilities; regulatory or policy changes such as changes in applicable laws and regulations, including federal, state and provincial legalization, due to fluctuations in public opinion, industry perception of integrative mental health, including the use of psychedelic-assisted therapy, delays or inefficiencies or any other reason; any other factor or development likely to hamper the growth of the market; the Company’s limited operating and profitability track record; dependence on management; the Company’s need for additional financing and the effects of financial market conditions and other factors on the availability of capital; competition, including that of more established and better funded competitors; the impact of the Russia-Ukraine conflict on the global economy; the continued impact of the COVID-19 pandemic; and the need to build and maintain alliances and partnerships, including with research and development companies, customers and suppliers. These factors should be carefully considered, and readers are cautioned not to place undue reliance on forward-looking statements. Despite the Company’s efforts to identify the main risk factors that could cause actual measures, events or results to differ materially from those described in forward-looking statements, other risk factors may cause measures, events or developments to materially differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company does not undertake to revise forward-looking statements, even if new information becomes available as a result of future events, new facts or any other reason, except as required by applicable laws
