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Infinity Lithium Corporation Limited ( (AU:INF) ) has shared an announcement.
Infinity Lithium Corporation Limited announced a proposed issue of securities, including 10 million Performance Rights Tranche A and 25 million Performance Rights Tranche B, with the issue date set for July 1, 2025. This strategic move is expected to enhance the company’s financial flexibility and support its ongoing projects, potentially strengthening its position in the lithium market and benefiting stakeholders by aligning with the increasing demand for lithium products.
More about Infinity Lithium Corporation Limited
Infinity Lithium Corporation Limited operates in the lithium industry, focusing on the development and supply of lithium chemicals for the battery industry. The company is engaged in advancing its lithium projects to meet the growing demand for lithium-ion batteries, particularly in the electric vehicle and renewable energy sectors.
YTD Price Performance: -28.57%
Average Trading Volume: 367,123
Technical Sentiment Signal: Buy
Current Market Cap: A$9.45M
See more insights into INF stock on TipRanks’ Stock Analysis page.