Infinite Lithium Corp (ILI)

[Sam Dan]

A massive dilution of shares proposed by management to raise significant monies for the development of Jackpot lithium holding.
3 million dollars at .06 a share for 50 million shares. Plus 5 million dollars at .10 a warrant for another 50 million shares.
8 million dollars should allow a major attempt to prove up a significant reserve if it is there!
" Infinite Ore Corp. (the "Company") (TSXV:ILI)(OTCQB:ARXRF) announces that it has arranged a non-brokered private placement of 50 million units ("Units") at a price of $0.06 per Unit for aggregate gross proceeds of $3,000,000.00 (the "Offering"). Each Unit will be comprised of one common share ("Share") and one transferable Share purchase warrant of the Company ("Warrant"). Each Warrant will entitle the Subscriber to purchase one Warrant Share for a 24-month period after the Closing Date at an exercise price of $0.10 per share. Proceeds raised from the Offering will be used towards exploration activities on the Company's Jackpot Lithium project and for general working capital and unallocated funds as per Tier 2 status requirements.

Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange.

These offerings are subject to TSX Venture Exchange acceptance.

About Infinite Ore Corp.

Infinite Ore is a junior mining exploration company focused on seeking and acquiring world-class mineral projects. The company is focused on the exploration and development of its 100% owned Jackpot lithium property located near Nipigon, Ont."[B]