Joe Phillips on Infinity Mining Limited's Strategic Moves and Equity Stakes | Joe Phillip, Chairman, Infinity Mining Limited. 00:10:00
Joe Phillips, Chairman of Infinity Mining Limited, discusses the company’s strategic decision to retain 100% interest in its Pilbara tenements in Australia. As part of the arrangement, Macarthur Australia Limited, the current sole shareholder, will maintain equity in Infinity Mining Limited (IMI), the entity set to be listed. Additionally, Infinity Mining Limited will acquire Central Goldfields assets from Zanil Pty Ltd in exchange for equity. Phillips outlines how these moves are poised to enhance IMI's market position and asset base, positioning the company for future growth and development.
