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Infinity Lithium Corporation Limited ( (AU:INF) ) has issued an update.
Infinity Lithium Corporation Limited has announced a proposed issue of 10 million ordinary fully paid securities, set to be issued on April 1, 2025. This move is part of a placement or other type of issue, which could potentially enhance the company’s capital structure and support its strategic initiatives in the lithium market, potentially impacting stakeholders and the company’s positioning in the industry.
More about Infinity Lithium Corporation Limited
Infinity Lithium Corporation Limited operates in the mining industry, focusing on the extraction and development of lithium resources. The company is primarily involved in producing lithium, a key component in battery manufacturing, which is crucial for the growing electric vehicle market.
YTD Price Performance: -28.57%
Average Trading Volume: 276,896
Technical Sentiment Signal: Buy
Current Market Cap: A$9.25M
For detailed information about INF stock, go to TipRanks’ Stock Analysis page.