Australia's Infinity Lithium Corp set for best day in 3 years on fresh funds

Infinity Metals

13/11/2023 24:42

** Shares of Infinity Lithium Corporation  INF.AX  rise as
much as 88.2% to A$0.160, hitting their highest levels since
April 3
    ** Stock set for best day since June 18, 2020, if gains hold
    ** Co says it received 18.8 mln euros ($20.09 mln) in grant
funding for San José, awarded by the Spanish government's
Ministry of Industry, Trade and Tourism
    ** Adds that further grant funding submissions in Spain have
been announced for the beginning of 2024
    ** More than 3.8 mln shares change hands, 17.7x compared
with the 30-day average volume of 214,670 shares
    ** Stock down 29.2% this year, as of last close

   ($1 = 0.9357 euros)

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))