UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549  FORM 10-KSB  [ X ]
        Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934  For the nine month period endedJanuary 31, 2006.  [
        ]
        Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934  For the transition period
        to  Commission File Number
        0-29431   INFINEX VENTURES, INC. (Exact name of small Business Issuer as specified in its charter)   Nevada
        52-2151795  (State or other jurisdiction of
        (IRS Employer Identification No.) incorporation or organization)   3914 Seaton Place Las Vegas, Nevada
        89121  (Address of principal executive offices)
        (Postal or Zip Code)   Issuers telephone number, including area code:
        702-387-4005    (Former name, former address and former fiscal year, if changed since last report)   (Exact name of small Business Issuer as specified in its charter)  Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the issuer was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days     [ X ]  Yes    [   ] No  State the number of shares outstanding of each of the issuers classes of common stock, as of the latest practicable date:6,438,850 Shares of $0.001 par value Common Stock outstanding as of March 10, 2006.      PART 1  FINANCIAL INFORMATION






Item 1.
        Financial Statements



The accompanying unaudited financial statements have been prepared in accordance with the instructions to Form 10-QSB and Item 310 (b) of Regulation S-B, and, therefore, do not include all information and footnotes necessary for a complete presentation of financial position, results of operations, cash flows, and stockholders equity in conformity with generally accepted accounting principles. This report on Form 10-Q should be read in conjunction with the Companys financial statements and notes thereto included in the Companys Form 10-K for the fiscal year ended October 31, 2005. The Company assumes that the users of the interim financial information herein have read or have access to the audited financial statements for the preceding fiscal year and that the adequacy of additional disclosure needed for a fair presentation may be determined in that context. Accordingly, footnote
disclosure, which would substantially duplicate the disclosure contained in the Companys Form 10-K for the fiscal year ended October 31, 2005, has been omitted. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. Operating results for the three months ended January 31, 2006 are not necessarily indicative of the results that can be expected for the year ending October 31, 2006.





























INFINEX VENTURES, INC.

(A Development Stage Company)



FINANCIAL STATEMENTS



JANUARY 31, 2006

Unaudited

(Stated in U.S. Dollars)









INFINEX VENTURES, INC.

(A Development Stage Company)



BALANCE SHEETS

(Unaudited)

(Stated in U.S. Dollars)






JANUARY 31
        OCTOBER 312006
        2005ASSETSCurrentCash in bank
        $
        -
        $
        805Cash in trust
        
        620
        
        620$
        620
        $
        1,425LIABILITIESCurrentBank indebtedness
        $
        2
        $
        -Accounts payable and accrued liabilities
        
        115,675
        
        108,349Loans payable
        
        274,294
        
        274,294Due to related party
        
        8,879
        
        7,214398,850
        
        389,857STOCKHOLDERS DEFICIENCYShare CapitalAuthorized:75,000,000 voting common shares, par value $0.001 per
shareIssued and outstanding:6,438,850 common shares at January 31, 2006 and October 31, 2005
        
        6,439
        
        6,439Additional paid-in capital
        
        398,914
        
        398,914Deficit Accumulated During The Development Stage
        
        (803,583)
        
        (793,785)(398,230)
        
        (388,432)$
        620
        $
        1,425See accompanying notes to the financial statements




INFINEX VENTURES, INC.

(A Development Stage Company)



STATEMENTS OF OPERATIONS

(Unaudited)

(Stated in U.S. Dollars)






CUMULATIVE PERIOD FROM INCEPTIONDECEMBER 30THREE MONTHS ENDED
        1998 TOJANUARY 31
        JANUARY 312006
        2005
        2006ExpensesBank charges
        $
        49
        $
        -
        $
        745Consulting
        
        -
        
        -
        
        6,500Interest
        
        1,333
        
        1,234
        
        22,546License fee
        
        -
        
        -
        
        400,000Mineral property option payments and exploration expenditures (Note 4 (a))
        
        -
        
        -
        
        129,750Office facilities and sundry
        
        542
        
        5,818
        
        39,114Professional fees
        
        7,874
        
        2,742
        
        169,175Net Loss For The Period
        $
        9,798
        $
        9,794
        $
        767,830Basic And Diluted Loss Per Share
        $
        (0.00)
        $
        (0.00)Weighted Average Number Of Shares Outstanding
        
        6,438,850
        
        6,438,850See accompanying notes to the financial statements







INFINEX VENTURES, INC.

(A Development Stage Company)



STATEMENTS OF CASH FLOWS

(Unaudited)

(Stated in U.S. Dollars)




CUMULATIVE PERIOD FROM INCEPTIONDECEMBER 30THREE MONTHS ENDED
        1998 TOJANUARY 31
        JANUARY 312006
        2005
        2006Cash Flows From Operating ActivitiesNet loss for the period
        $
        (9,798)
        $
        (9,794)
        $
        (767,830)Adjustments To Reconcile Net Loss To Net
Cash Used By Operating ActivitiesShares issued for license fee
        
        -
        
        -
        
        402,750Change in prepaid expenses
        
        -
        
        (3,662)
        
        -Changes in accounts payable and accrued
liabilities
        
        7,326
        
        (1,169)
        
        115,675(2,472)
        
        (14,625)
        
        (249,405)Cash Flows From Investing ActivityShares issued for merged predecessor
corporation net of consideration paid in excess of additional paid-in capital at the acquisition date
        
        -
        
        -
        
        (45,000)Cash Flows From Financing ActivitiesBank indebtedness
        
        2
        
        -
        
        2Shares issued for cash and services
        
        -
        
        -
        
        11,850Loans payable
        
        -
        
        14,625
        
        274,294Due to related party
        
        1,665
        
        -
        
        8,8791,667
        
        14,625
        
        295,025Increase (Decrease) In Cash
        
        (805)
        
        -
        
        620Cash, Beginning Of Period
        
        1,425
        
        2,100
        
        -Cash, End Of Period
        $
        620
        $
        2,100
        $
        620Supplemental Disclosure Of Cash Flow InformationInterest accrual
        $
        1,333
        $
        -
        $
        22,546Supplemental Disclosure Of Non-Cash Financing And Investing ActivitiesCommon shares issued pursuant to acquisition agreement
        $
        -
        $
        -
        $
        1,000See accompanying notes to the financial statements





INFINEX VENTURES, INC.

(A Development Stage Company)



NOTES TO FINANCIAL STATEMENTS



JANUARY 31, 2006

(Unaudited)

(Stated in U.S. Dollars)






1.
        NATURE OF OPERATIONS AND BASIS OF PRESENTATION


a)
        Organization

Infinex Ventures, Inc. (the Company) was incorporated in the State of Nevada, U.S.A., on December 30, 1998. On July 23, 2004, the Board of Directors authorized a 1 for 1.1 stock split on the common shares. The authorized number of common shares remain at 75,000,000 common shares with a par value of $0.001. All references in the accompanying financial statements to the number of common shares issued have been restated to reflect the stock split.




b)
        Development Stage Activities

The Company is in the development stage, therefore, recovery of its assets is dependent upon future events, the outcome of which is indeterminable. In addition, successful completion of the Companys development program and its transition, ultimately to the attainment of profitable operations, is dependent upon obtaining adequate financing to fulfil its development activities and achieve a level of sales adequate to support its cost structure.




c)
        Unaudited Interim Financial Statements

The Accompanying unaudited interim financial statements have been prepared in accordance with United States generally accepted accounting principles for interim financial information and with the instructions to Form 10-QSB of Regulation S-B. They may not include all information and footnotes required by United States generally accepted accounting principles for complete financial statements. However, except as disclosed herein, there has been no material changes in the information disclosed in the notes to the financial statements for the year ended October 31, 2005 included in the Companys Annual Report on Form 10-KSB filed with the Securities and Exchange Commission. The interim unaudited financial statements should be read in conjunction with those financial statements included in the Form 10-KSB. In the opinion of management, all adjustments considered necessary for a fair
presentation, consisting solely of normal and recurring adjustments have been made. Operating results for the three months ended January 31, 2006 are not necessarily indicative of the results that may be expected for the year ending October 31, 2006.




d)
        Basis of Presentation

These financial statements have been presented in United States dollars and prepared in accordance with United States Generally Accepted Accounting Principles (US GAAP).







INFINEX VENTURES, INC.

(A Development Stage Company)



NOTES TO FINANCIAL STATEMENTS



JANUARY 31, 2006

(Unaudited)

(Stated in U.S. Dollars)






1.
        NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Continued)


e)
        Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.



As shown in the accompanying financial statements, the Company has a working capital deficiency of $398,230 and an accumulated a deficit of $803,583 for the period from inception, December 30, 1998 to January 31, 2006, and has no revenue. The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its business. Management has plans to seek additional capital through a private placement and public offering of its common shares. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence.






2.
        SIGNIFICANT ACCOUNTING POLICIES

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgement. Actual results could differ from these estimates.



The financial statements have, in managements opinion, been properly prepared within reasonable limits of materiality and within the framework of the significant accounting policies summarized below:




a)
        Development Stage Company

The Company is a development stage company as defined in the Statements of Financial Accounting Standards No. 7. The Company is devoting substantially all of its present efforts to establish a new business and none of its planned principal operations have commenced. All losses accumulated since inception are considered part of the Companys development stage activities.




b)
        Website Content

The company expenses, as incurred, costs to develop, initialize, populate, and maintain content for its website.







INFINEX VENTURES, INC.

(A Development Stage Company)



NOTES TO FINANCIAL STATEMENTS



JANUARY 31, 2006

(Unaudited)

(Stated in U.S. Dollars)






3.
        LOANS PAYABLE (Note 5)


JANUARY 31
2006
        OCTOBER 31 2005Repayable on demand with interest at 8% per annum compounded annually
        $
        45,000
        $
        45,000Repayable on demand without interest
        
        229,294
        
        229,294$
        274,294
        $
        274,294

At January 31, 2006, accounts payable and accrued liabilities include $22,426 (October 31, 2005 - $21,093) of accrued interest on the loans payable.




4.
        MINERAL PROPERTY INTEREST


a)
        Yew Claims

On June 14, 2004, the Company entered into an agreement with 697446 B.C. Ltd. (the Agreement) providing for the exploration and development of the following mineral properties:






Yew
        Tenure Number 399712Yew 2
        Tenure Number 516724Yew 3
        Tenure Number 399714Yew 4
        Tenure Number 399715Yew 5
        Tenure Number 516721Yew 6
        Tenure Number 516735Yew 7
        Tenure Number 345340Yew 8
        Tenure Number 516730

The Yew Claims are located on Texada Island, in the province of British Columbia, Canada.







INFINEX VENTURES, INC.

(A Development Stage Company)



NOTES TO FINANCIAL STATEMENTS



JANUARY 31, 2006

(Unaudited)

(Stated in U.S. Dollars)






4.
        MINERAL PROPERTY INTEREST (Continued)

The agreement gives the Company the right to acquire a 60% interest in the claims providing the following conditions are met:




i)
        Delivery of 10,000 common shares of the Company upon execution of the agreement (the share issuance was postponed until the drilling program resumes in Spring 2006);


ii)
        Companys obligation to carry out a drilling program for an amount not less than $205,255 (CDN$250,000), within three months of the execution of the agreement;


iii)
        Completion of a feasibility study within two years of the completion of the drilling program;


iv)
        On the completion of the feasibility study, the Company will execute annual payments of $41,051 (CDN$50,000) to 697446 B.C. Ltd.;


v)
        Upon the exercise of the right, the parties shall enter into a joint venture agreement to develop the Yew Claims in accordance with the feasibility study recommendation.

On October 31, 2004, and in the Summer of 2005, the parties amended the agreement. The Company is now required to complete the drilling program obligation before March 31, 2006. To date, the Company has spent $118,300 (CDN$155,774) towards this obligation, as follows:




Drilling
        $
        84,800Geology
        
        10,100Management fees
        
        9,500Assays
        
        6,800Report
        
        4,200Expenses/disbursements
        
        2,900$
        118,300



INFINEX VENTURES, INC.

(A Development Stage Company)



NOTES TO FINANCIAL STATEMENTS



JANUARY 31, 2006

(Unaudited)

(Stated in U.S. Dollars)






4.
        MINERAL PROPERTY INTEREST (Continued)


b)
        Gossen Claims

In 1999, the Company entered into an option agreement, as amended, to acquire a 100% interest, subject to a 2% net smelter royalty, in the Gossen 1 to 9 mining claims located in Blaine County, Idaho, for consideration consisting of staged cash payments totalling $200,000 ($5,000 paid), issuance of 250,000 common shares (issued), and exploration expenditures totalling $100,000 by August 30, 2006.



During 2004, the Company terminated its participation under the option agreement.




5.
        RELATED PARTY TRANSACTIONS

As at October 31, 2003, loans payable of $102,011 and related accrued interest of $11,652 were owing to the then-president of the Company. Effective August 11, 2004, the then-outstanding balance of loans payable, amounting to $102,011 and related accrued interest of $15,054 was assigned by the former president to a third party corporation. The only director of that corporation is also a director of 697446 B.C. Ltd. (Note 4(a)). During the year ended October 31, 2005, the third party corporation expended $14,904 (October 2005 - $14,904) on behalf of the Company. Amounts expended on behalf of the Company are added to loans payable.



During the year ended October 31, 2005, the President of the Company advanced $8,879 (October 2005 - $7,214), these advances are unsecured, non interest bearing and with no specific terms of repayment.



Item 2. Management Discussion and Analysis or Plan of Operation





This section of this report includes a number of forwarding-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often indentified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, bu their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which may apply only as of the date of  this report. These forward-looking statements are subject to certain risks and uncertainties that could cause actual result to differ materially from his torical results or predictions.



Plan of Operation



The following plan of operation should be read in conjunction with the Financial Statements and accompanying notes and the other financial information appearing elsewhere in this quarterly report.





We are a development stage company and have a minimum amount of cash and have not yet developed any producing mines. We have no history of any earnings. There is no assurance that we will be a profitable company. We presently operate with minimum overheads and need to raise additional funds in the next 12 months either in the forms of loans or by selling our equity.



Our primary activity for the next 12 months, weather permitting, will be to carry out our obligations under the agreements drill program, which are only initial phases of a full feasibility study lasting up to two years.



We currently have no plans to purchase or sell any plant or significant equipment.



We do not expect any significant changes in the number of employees. Work on our property will be conducted by unaffiliated independent contractors if and when necessary.



Net Loss



For the three months ended January 31, 2006, we recorded an operating loss of $9,798, consisting of $7,874 on legal, audit and accounting fees; $ 1,333 on interest and $591 on office expenses. We did not generate any revenues during this period. There can be no assurance that we will ever achieve profitability or that revenues will be generated and sustained in the future. We are dependent upon obtaining additional and future financing to pursue our exploration activities.



Liquidity and Further Capital Resources



As of January 31, 2006, the Company had total assets of $620 consisting of cash in trust and total liabilities of  $398,850 consisting of $115,675 in accounts payables, $274,294 in loans payables and $8,879 in due to related party. The net stockholders deficiency at January 31, 2006 was $398,230. We are a development stage company and, since inception, have experienced significant changes in liquidity, capital resources and shareholders equity.



Management has relied upon debt financing from shareholders and Loans Payable. As at October 31, 2003, loans payable of $102,011 and related accrued interest of $11,652 were owing to the then-President of the Company. Effective August 11, 2004, the then-outstanding balance of loans payable, amounting to $102,011 and related accrued interest of $15,054 was assigned by the former president to a third party corporation. The only director of that corporation is also a director of 697446 B.C. Ltd. (Note 4(a)). As at January 31, 2006, the third party corporation expended $14,904 (October 2005 - $14,904) on behalf of the Company. Amounts expended on behalf of the Company are added to loans payable.



During the three months ended January 31, 2006, the President of the Company advanced $8,879 (October 2005 - $7,214), these advances are unsecured, non interest bearing and with no specific terms of repayment.

We seek additional equity or debt financing of up to $1,000,000 which we plan to use towards exploration and possibly a feasibility study on our joint venture agreement property over the next two years. If we are not able to get further financing, we may not be able to continue as a going concern and we may have to delay exploration or cease our operations and liquidate our business.




Item 3.
        Control and Procedures

Within the 90 days prior to the filing date of this Quarterly Report, we carried out an evaluation, under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, of effectiveness of the design and operation of our disclosure controls and procedures as defined in Rule 13a-14 of the Securities & Exchange Act of 1934. Based upon that evaluation, the Chief Executive Officer and the Chief Financial Officer concluded that our disclosure controls and procedures are effective in timely, alerting them to materials information relating to us required to be included in this Quarterly Report. There have been no significant changes in our internal controls or in other factors, which could significantly affect such internal controls, subsequent to the date we carried out our evaluation.





PART II- OTHER INFORMATION



Item 1. Legal Proceedings



The Company is not a party to any pending legal proceeding. Management is not aware of any threatened litigation, claims or assessments.



Item 2. Changes in Securities



None.



Item 3. Defaults Upon Senior Securities




None.

Item 4. Submission of Matters to a Vote of Security Holders




None.

Item 5. Other Information




None.

Item 6. Exhibits and Report on Form 8-K




31.1
        Certification of Chief Executive Officer pursuant to Section 302 of theSarbanes-Oxley Act of 2002.


32.1
        Certification of Chief Executive Officer pursuant to 18 U.S.C. section 1350,asadopted pursuant to section 906 of the Sarbanes-Oxley act of 2002

One (1) Report was filed on Form 8-K during this period.





SIGNATURES



In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.




Infinex Ventures, Inc.


March ______, 2006.
        /s/ Michael De RosaMichael De Rosa, CEO and CFO