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Infinity Lithium Announces Proposed Securities Issue to Bolster Market Position

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Infinity Lithium Announces Proposed Securities Issue to Bolster Market Position

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

Infinity Lithium Corporation Limited has announced a proposed issue of securities, specifically 30 million performance rights divided into two tranches. This move is part of the company’s strategic efforts to enhance its financial position and support its ongoing projects, potentially strengthening its market position in the lithium industry.

More about Infinity Lithium Corporation Limited

Infinity Lithium Corporation Limited operates in the lithium industry, focusing on the development and production of lithium chemicals, which are essential for battery manufacturing and renewable energy technologies.

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.

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