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INFINI RESOURCES LIMITED — Capital/Financing Update 2025
Sep 15, 2025
65087_rns_2025-09-15_ec551e0f-e398-440b-bc67-c21fd1ef6aa2.pdf
Capital/Financing Update
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ASX Announcement
Released 16 September 2025
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Securities Issue and Cleansing Notice
Infini Resources Ltd (ASX: I88, “Infini” or the “Company”) advises that, as approved by Shareholders at the Company’s general meeting held on 12 September 2025, the Director and Management Placement of $200,000 has settled with the issue of 1,481,481 new fully paid ordinary shares (“Shares”).
An Appendix 2A has been lodged together with this announcement in respect of the Shares.
Additionally, the Company has completed the allotment of CEO Performance Rights (ASX: I88 announcement 12 May 2025, refer Appendix 1).
Notice Given Under Section 708A(5) of the Corporations Act
This notice is given by the Company under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the Act).
In accordance with Section 708A(5)(e) of the Act, the Company hereby gives notice that:
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the Shares were issued without disclosure to investors under Part 6D.2 of the Act;
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as at the date of this notice, the Company has complied with:
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(a) the provisions of Chapter 2M of the Act as they apply to the Company; and
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(b) section 674 and 674A of the Act; and
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as at the date of this notice, there is no information which is “excluded information” requiring disclosure for the purposes of sections 708A(7) and 708A(8) of the Act, other than as specified below.
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Release authorised by the Board of Infini Resources Ltd.
Contacts
Rohan Bone Chief Executive Officer E: [email protected]
Infini Resources Limited
www.infiniresources.com.au InfiniResources
ABN 77 656 098 583
1
Securities Issue and Cleansing Notice
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About Infini Resources Ltd (ASX: I88)
Infini Resources Ltd is an Australian energy metals company focused on mineral exploration in Canada and Western Australia for uranium and lithium. The company has a diversified and highly prospective portfolio of assets that includes greenfield and more advanced brownfield projects. The company’s mission is to increase shareholder wealth through exploration growth and mine development.
| JOR 2012 Mineral Resource Deposit | JORC 2012 Classification | Tonnes and Grade |
|---|---|---|
| Des Herbiers (U) | Inferred Combined Resource | 162 Mt @ 123ppm U3O8(43.95mlb) |
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Figure 1: Overview of Infini's portfolio of projects and global footprint.
Compliance Statement
This report contains information regarding the Des Herbiers Mineral Resources Estimate extracted from the Company’s Prospectus dated 30 November 2023 and released to the ASX market announcements platform on 10 January 2024, reported in accordance with the 2012 edition of the “Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). The Company confirms that it is not aware of any new information or data that materially affects the information included in any original announcement and that all material assumptions and technical parameters underpinning the estimates in the original market announcement continue to apply and have not materially changed. The original market announcements are available to view on www.infiniresources.com.au and www.asx.com.au.
Forward Looking Statements
This announcement may contain certain forward-looking statements and projections. Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon. Forward looking statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved. Infini Resources Limited does not make any representations and provides no warranties concerning the accuracy of the projections and disclaims any obligation to update or revise any forward-looking statements/projects based on new information, future events or otherwise except to the extent required by applicable laws. While the information contained in this report has been prepared in good faith, neither Infini Resources Limited or any of its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement.
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
2
Securities Issue and Cleansing Notice
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Appendix 1
Entitlement
Subject to the terms and conditions, each Performance Right, once vested, entitles the holder to the issue of one fully paid ordinary share in the capital of the Company (“Share”).
Term
The Performance Rights will expire and lapse on the earlier of, the Vesting Condition becoming incapable of satisfaction due to expiration of the Milestone Date or due to the cessation of employment, or 5.00 pm (WST) 16 September 2028, or the Performance Rights lapsing and being forfeited under the Company’s Plan.
Vesting LTI includes, performance-based performance rights, which will vest on the achievement of Conditions the following milestones.
| Vesting Condition | Number of Performance Rights |
Milestone Date |
|---|---|---|
| Performance Rights (which are convertible on a 1:1 basis into shares in the Company) upon the Company achieving a VWAP over 20 consecutive tradingdays of at least$0.40. |
150,000 | 16-Sept-2028 |
| Performance Rights (which are convertible on a 1:1 basis into shares in the Company) upon the Company achieving a VWAP over 20 consecutive tradingdays of at least$0.60. |
150,000 | 16-Sept-2028 |
| Performance Rights (which are convertible on a 1:1 basis into shares in the Company) upon the Company achieving a VWAP over 20 consecutive tradingdays of at least$0.80.* |
150,000 | 16-Sept-2028 |
| Performance Rights (which are convertible on a 1:1 basis into shares in the Company) upon the Company achieving a VWAP over 20 consecutive tradingdays of at least$1.00.* |
150,000 | 16-Sept-2028 |
| Performance Rights (which are convertible on a 1:1 basis into shares in the Company) upon the Company achieving a VWAP over 20 consecutive tradingdays of at least$1.50.* |
150,000 | 16-Sept-2028 |
| Performance Rights (which are convertible on a 1:1 basis into shares in the Company) upon the Company achieving a VWAP over 20 consecutive tradingdays of at least$2.00.* |
150,000 | 16-Sept-2028 |
*Performance Rights are subject to the additional vesting condition that the CEO be continuously employed for a period of 12 months from 1 June 2025.
Issue Price The Performance Rights are issued for nil cash consideration
Termination In the case of a termination of Employment during the milestone performance period, the of Performance Rights will be dealt with under the terms of the Company’s ESIP. Employment
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Infini Resources Limited
www.infiniresources.com.au
ABN 77 656 098 583
InfiniResources
3