Infinity Lithium Corporation Limited (AU:INF) has released an update.
Infinity Lithium Corporation Limited has reported a decrease in cash reserves in its quarterly report, with a net cash outflow of $580,000 from operating activities and $556,000 invested in exploration and evaluation. Despite these outflows, the company maintains a positive year-to-date cash flow from operations, bolstered by significant government grants and tax incentives, totaling an addition of $28.75 million.
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