Infinico Metals Announces the Closing of $165,000 Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC / ACCESS Newswire / January 13, 2026 / Infinico Metals Corp. ("Infinico" or the "Company") (TSXV:INFM) announces that, further to its news releases of December 3, 2025, it has closed its non-brokered private placement financing (the "Offering") of common shares ("Shares"). The Offering consisted of the sale of 16,500,000 Shares at a price of $0.01 per Share for aggregate gross proceeds of $165,000.

The gross proceeds from the sale of Shares will be used for general working capital purposes. The Offering is subject to regulatory approval, including the approval of the TSX Venture Exchange (the "TSXV"), and all Shares issued pursuant to the Offering will have a hold period of four months and one day.

Perry Ing, a director of the Company, and Plethora Private Equity, a holder of greater than 10% of the issued and outstanding Shares of the Company, are insiders of the Company (within the meaning of the rules and policies of the TSXV) (the "Insiders") and have acquired an aggregate of 16,500,000 Shares in connection with the Offering. The Insiders' participation in the Offering therefore constitutes a "related-party transaction" within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority security holder approval requirements of the related-party rules set out in sections 5.5(a) and 5.7(a) of MI 61-101 as the fair market value of the subject matter of the Offering does not exceed 25% of the market capitalization of the Company.

The securities described herein have not been, and will not be, registered under the United States Securities Act, or any state securities laws, and accordingly may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

In connection with the closing of the Offering on January 13, 2026, Plethora Private Equity (the "Acquiror"), a company controlled by Peter Vermeulen, acquired an aggregate of 15,000,000 Shares (the "Acquisition"). Prior to the Acquisition, the Acquiror and Mr. Vermeulen beneficially owned or exercised control or direction over 19,065,809 Shares, representing 28.03% of the outstanding Shares of the Company on both an undiluted and partially diluted basis. After completion of the Acquisition, the Acquiror beneficially owns or exercises control or direction over 34,065,809 Shares, representing 40.30% of the outstanding Shares of the Company on both an undiluted and partially diluted basis.