Infinity Stone Ventures Corp. — Capital/Financing Update 2022

Oct 5, 2022

MATERIAL CHANGE REPORT

• Item 1. Name and Address of Company – Infinity Stone Ventures Corp. (the “ Company ”), #750-1095 West Pender Street, Vancouver, BC V6E 2M6.

• Item 2. Date of Material Change –October 5, 2022

• Item 3. News Release – News Release issued October 5, 2022 through Newsfile Corp.

• Item 4. Summary of Material Change – Infinity Stone Ventures Corp. (formerly Contakt World Technologies Corp.) (CSE:GEMS) (OTC:TLOOF) (FSE:B2I0) (the “Company” or “Infinity Stone”) is pleased to announce the closing of non-brokered private placements of flow-through units and an non-flow-through units.

Item 5. Full Description of Material Change – The Company is pleased to announce the closing of a non-brokered private placement (the “ Offering ”) of 6,400,000 Units (each a “ Unit ”) at a price of $0.25 per Unit, for gross proceeds of $1,600,000. Each Unit is comprised of one (1) Class A Subordinate Voting Share (a “ Share ”) and one-half (1/2) of one share purchase warrant (a “ Warrant ”). Each whole Warrant is exercisable into one (1) Share (a “ Warrant Share ”) at a price of $0.50 for a period of two (2) years from the date of issuance.

The Company also announces that it has closed a non-brokered private placement of 1,428,571 flow-through Units (each a " FT Unit ") at a price of $0.35 per FT Share for gross proceeds of $500,000 (the " FT Offering "). Each FT Unit is comprised of one (1) Class A Subordinate Voting Share (a “ Share ”) and one-half (1/2) of one share purchase warrant (a “ FT Warrant ”). Each whole Warrant is exercisable into one (1) Share (a “ FT Warrant Share ”) at a price of $0.45 for a period of three (3) years from the date of issuance.

In connection with the FT Offering, the Company issued 100,000 finders’ warrants, and paid finder’s fees of $34,999.99. Each finders' warrant is exercisable at a price of $0.45 for a period of three (3) years from the date of issuance.

The gross proceeds from the FT Offering will be used to incur eligible "Canadian exploration expenses" (CEE) that are "flow-through mining expenditures" (as such term is defined in the Income Tax Act (Canada)) related to the Company's mining projects. The net proceeds from the Offering will be used for exploration expenses and general working capital.

Item 6. Reliance on Section 7.1(2) or (3) of National Instrument 51-102 – Not applicable.

• Item 7. Omitted Information – No significant facts remain confidential in, and no information has been omitted from, this report.

• Item 8. Executive Officer – Mr. Zayn Kalyan, Director of the Company, is knowledgeable about the material change and this report. He can be contacted at (778) 938-3367.

• Item 9. Date of Report – October 5, 2022