Promising diversified play Infinity Stone Ventures ($GEMS.c) just came onto my radar and they've really caught my attention as they expanded their focus to the battery and energy metals sector, having recently entered into an agreement to acquire the PAK Lithium Project in the Red Lake Mining District in Ontario.
$GEMS will acquire a 100% interest in the Pak Lithium Project which is comprised of 72 mining claims and is located adjacent to Frontier Lithium.
This is a significant acquisition as Frontier Lithium is currently on a huge run and recently announced 405m of 1.5% Li2O - and $GEMS could easily follow in Frontier's footsteps due to their proximity. Plus, the upcoming increases in lithium battery production capacity in North America will require an increased supply of lithium that $GEMS has the opportunity to capitalize on.
$GEMS overall mission is to deliver solutions across a range of industries so transition to a focus on growth in the critical energy metals sector diversifies their portfolio while allowing them to continue offering and expanding within the SaaS space.
Going to be keeping a close eye on this one.
https://www.barrons.com/articles/infinity-stone-ventures-enters-agreement-to-acquire-claims-adjacent-to-frontier-lithium-01648807571