INFINITY MINING LIMITED — Board/Management Information 2023

Nov 27, 2023

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News release

For Immediate Dissemination

ASX Announcement | 28 November 2023

Infinity Mining Limited ABN 73 609 482 180 ASX Code: IMI

Directors Joe Phillips Executive Chairman

Joe Groot Director

INFINITY MINING BOARD AND EXECUTIVE CHANGES

Highlights:

• Corporate Governance refresh ahead of Company Strategy update.

• Joe Groot resigns as CEO and continues on as a Director.

Cameron McCall Non-Executive Director

Dr Michael Kale Non-Executive Director

Mima Wirakara Company Secretary

Contact Details

Kings Row Office Park Building 01, Suite 1G 40-52 McDougall St Milton QLD 4064

Tel: +61 7 3221 1796

• Harley Groot steps down as a Non-Executive Director.

Infinity Mining Limited (ASX: IMI) (the Company or Infinity ) announces a refresh of Corporate Governance ahead of a Company Strategy update. Resignations have been received by the company from Joe Groot as CEO of the company as well as from Harley Groot as Non-Executive Director, effective 27 November 2023. Their decision to step down comes after 2 years of dedicated service to the company.

Joe Phillips, Executive Chairman of Infinity said “Joe Groot’s dedication to the role of CEO has been the cornerstone of the first 2 years as a listed company and provided the foundation for rapid exploration and identification of new mineralised zones on the 836.2 km2 of East Pilbara Greenstone tenement portfolio. The company acknowledges Joe Groot’s loyalty as a major shareholder and importantly is retaining his knowledge and capability on the board. Furthermore, as the General Manager of Operations, Joe will continue delivering active field work on key lithium assets in the East Pilbara.”

“Harley Groot played a pivotal role as a foundation director and building a safe workplace culture in the company. His ongoing contribution to the company in the role of Senior Exploration Manager is critical, especially given he is the registered officer under the Workplace Health & Safety Act 2022 (Cth)” said Joe Phillips.

The board continues to evaluate its Corporate Governance and the skills required as it completes planning the next phase of its drive towards delivering substantial shareholder value. Further drilling is planned on the Tambourah South tenements with the goal of achieving a JORC resource classification as soon as possible.

On behalf of the Board of Directors, Mr Joe Phillips, Executive Chairman For more information please contact:

Joe Phillips Executive Chairman +61 7 3221 1796 communications@infinitymining.com.au

Company Profile

Infinity Mining Limited holds 100% interest in 836.2 km[2] of tenements in the East Pilbara and 22.3 km[2] in the Central Goldfields regions of Western Australia. These tenements are located in highly prospective Lithium, Nickel, Copper and Gold terranes. The Company’s business strategy is an increasing focus on substantial East Pilbara lithium assets.

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