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Infinity Lithium Expands with Highland Resources Acquisition

Story Highlights
  • Infinity Lithium issued 10 million shares for Highland Resources acquisition.
  • The acquisition aligns with Infinity’s strategy to diversify and strengthen its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Infinity Lithium Expands with Highland Resources Acquisition

Confident Investing Starts Here:

Infinity Lithium Corporation Limited ( (AU:INF) ) has shared an update.

Infinity Lithium Corporation Limited has announced the issuance of 10,000,000 fully paid ordinary shares as part of its acquisition of Highland Resources, a move that aligns with its strategic expansion into gold projects. This acquisition, detailed in a recent ASX announcement, signifies Infinity Lithium’s commitment to diversifying its portfolio and strengthening its market position, potentially impacting stakeholders by enhancing the company’s growth prospects in the resources sector.

More about Infinity Lithium Corporation Limited

YTD Price Performance: -20.0%

Average Trading Volume: 302,905

Technical Sentiment Signal: Buy

Current Market Cap: A$11.1M

For detailed information about INF stock, go to TipRanks’ Stock Analysis page.

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