INFINITUM COPPER CLOSES PRIVATE PLACEMENT

VANCOUVER, BC / ACCESSWIRE / July 20, 2022 / Infinitum Copper Corp. (TSXV: INFI, OTCQB: INUMF) (“Infinitum Copper” or the “Company”) is pleased to announce that it has closed its previously announced
non-brokered private placement financing. The private placement has been over-subscribed with a total
of 5,180,175 units (the “Units”) at a price of $0.20 per Unit, for gross proceeds of $1,036,035 (the “Offering”). Each Unit consists of one common share of the Company (each, a “Common Share”) and one transferable Common Share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder to purchase one additional Common Share for a period of two (2) years from closing at a price of $0.45.

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