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Infinity Lithium completes capital raise bringing 2.2 million dollars into Treasury

Infinity Lithium (ASX: INF) Managing Director Ryan Parkin joined Steve Darling from Proactive with news the company has had a firm commitment to raise 2.2 million dollars through a private placement. That money, according to Parkin, will be used to advance their San Jose Lithium project.

Parkin talks about raising that money in this current climate and he also addresses his company’s involvement in “ERMA” The European Raw Materials Alliance.

Quick facts: Infinity Lithium Corporation Ltd

Price: 0.096 AUD

ASX:INF
Market: ASX
Market Cap: $29.79 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