Infinity Lithium secures EU funding to develop Spanish San Jose lithium project
Published: Thursday, 26 March 2020
Australian exploration company Infinity Lithium has signed a memorandum of understanding (MoU) for a multi-staged investment and assistance package to secure funding for its San Jose lithium project in Spain.
The company signed the MoU with the European Institute of
Innovation &Technology (EIT) initiative, Innoenergy, which
supports innovation for sustainable energy.
The initial part of the package entails an investment in
Infinity of a staged €800,000 ($866,660) at a 66% premium
to its last traded stock price. The aim...