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Infinity Lithium Issues 30 Million Performance Rights to Boost Market Position

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Infinity Lithium Issues 30 Million Performance Rights to Boost Market Position

Confident Investing Starts Here:

Infinity Lithium Corporation Limited ( (AU:INF) ) has provided an announcement.

Infinity Lithium Corporation Limited announced the issuance of 30 million unquoted performance rights, divided into two tranches, as part of previously announced transactions. This move is likely to impact the company’s operational strategy by potentially enhancing its ability to attract and retain key personnel, thereby strengthening its position in the competitive lithium market.

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 sector. The company is involved in projects aimed at supporting the growing demand for electric vehicles and renewable energy storage solutions.

YTD Price Performance: -20.0%

Average Trading Volume: 302,905

Technical Sentiment Signal: Buy

Current Market Cap: A$11.1M

Learn more about INF stock on TipRanks’ Stock Analysis page.

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