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Infinity Lithium agrees European funding deal for San José project

Infinity Lithium Corporation Ltd's (ASX:INF) Vincent Ledoux Pedailles speaks to Proactive London's Andrew Scott following the news they've signed an MoU for a multi-staged investment and assistance package with European Union’s (EU) EIT InnoEnergy.

The initial part of the package is an investment in Infinity of a staged €800,000 at a 66% premium to the last traded share price, to fund Phase I of Infinity’s innovative lithium conversion process.

Quick facts: Infinity Lithium Corporation Ltd

Price: 0.095 AUD

ASX:INF
Market: ASX
Market Cap: $23.22 m
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Infinity Lithium secures milestone partnership and investment from EU-backed...

Infinity Lithium Corporation Ltd (ASX:INF) (FRA:3PM) has executed binding agreements for a multi-staged funding and added services assistance package with European Union-based innovation initiative EIT InnoEnergy. Executive director corporate strategy Vincent Ledoux Pedailles tells Proactive...

on 18/6/20

2 min read