Infinito Gold Ltd. is pleased to announce that it entered into a litigation funding agreement effective December 21, 2015. Under the terms of the LFA, the funder has agreed to provide non-recourse financing to Infinito in connection with the legal costs of Infinito's arbitration claim against the Republic of Costa Rica before the International [...]
Infinito Gold Ltd. announced today that Balraj Sahota, Erich Rauguth and Stewart Hay were appointed as directors of Infinito pursuant to an order of the Supreme Court of British Columbia on September 25, 2015. In addition, the Corporation announces the appointment of Erich Rauguth as the interim President and Chief Executive Officer of Infinito [...]
Infinito Gold Ltd. announces that all of the directors of the Company and all of the officers of the Company have resigned from their respective positions with the Company effective immediately. As of the date of this news release, the Company has a material working capital deficit comprised primarily of demand loan principal in excess of $19.7 [...]
Infinito Gold Ltd. announces that it has accepted an offer of a demand loan facility for up to $500,000 from Exploram Enterprises Ltd., its major shareholder, and that $115,000 has been advanced to the Company under the Loan to date. The closing occurred promptly upon acceptance of the offer by Infinito. Any further advances pursuant to this Loan [...]
Infinito Gold announces a further advance of $130,000 under the demand loan facility provided by Exploram Enterprises, the Company's major shareholder. A condition of the advance was the transfer of certain data relating to the Crucitas gold project in Costa Rica as nominal consideration. The funds were advanced promptly after Infinito provided [...]
Infinito Gold announces that it has accepted an offer of a demand loan facility for up to $750,000 from Exploram Enterprises Ltd., its major shareholder, and that $300,000 has been advanced to the Company under the Loan to date. The closing occurred promptly upon acceptance of the offer by Infinito. Any further advances pursuant to this Loan [...]
Infinito Gold announces that it has accepted an offer of a demand loan facility for $250,000 from Exploram Enterprises, its major shareholder, and that all of the $250,000 has been advanced to the Company. The closing occurred promptly upon acceptance of the offer by Infinito. The indebtedness under the Loan is to be secured under the existing [...]
Trading Symbol: TSXV: IG CALGARY, July 3, 2014 /CNW/ - Infinito Gold Ltd. (the "Company") today announced that, effective June 26, 2014, Mr. Steven Dean has resigned from the Company's Board of Directors including the position of Chairman. The Company and the Board of Directors would like to thank Mr. Dean for his contributions over the years and [...]
Trading Symbol: TSXV: IG CALGARY, Feb. 10, 2014 /CNW/ - Infinito Gold Ltd. (the "Company") today announced that it has filed a Request for Arbitration under the Arbitration Rules of the International Centre for Settlement of Investment Disputes against the Republic of Costa Rica ("Republic") seeking compensation for losses caused to the Company [...]
Trading Symbol: TSXV: IGCALGARY, April 4, 2013 /CNW/ - Infinito Gold Ltd. ("Infinito" or the "Company") announces that on April 4, 2013 it has served notice to the Government of the Republic of Costa Rica (the "Republic") that Infinito considers the Republic to be in breach of the provisions of the Agreement Between the Government of Canada and the [...]
Trading Symbol: TSXV: IGCALGARY, Feb. 20, 2013 /CNW/ - Infinito Gold Ltd. ("Infinito Gold" or the "Company") announces that the TSX Venture Exchange ("TSXV") has accepted for filing the asset purchase agreement (the "Agreement"), which was previously announced by the Company on January 28, 2013.Under the terms of the Agreement, Zandor Capital S.A [...]
Trading Symbol: TSX-V: IGCALGARY, Jan. 28, 2013 /CNW/ - Infinito Gold Ltd. ("Infinito Gold" or the "Company") announces that its wholly-owned indirect subsidiary in Costa Rica, Industrias Infinito S.A. ("IISA"), has entered into an asset purchase agreement (the "Agreement") with an arm's length third party, Zandor Capital S.A. Colombia, (the [...]