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Infinity Lithium Secures Option Agreements for Victorian Projects

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Infinity Lithium Corporation Limited ( (AU:INF) ) just unveiled an update.

Infinity Lithium Corporation Limited has entered into option agreements with Dart Mining NL for the potential acquisition of the Mitta Mitta and Corryong exploration projects in Victoria’s Lachlan Fold Belt. This transaction, which includes a 60-day exclusivity period, allows Infinity to acquire a 100% interest in the Mitta Mitta Project and an 80% interest in the Corryong Project through a joint venture. The deal is structured to incentivize exploration success, with a total potential consideration of $3.4 million in cash and shares, impacting both companies’ strategic positioning in the mineral exploration industry.

More about Infinity Lithium Corporation Limited

YTD Price Performance: -28.57%

Average Trading Volume: 368,344

Technical Sentiment Signal: Buy

Current Market Cap: A$9.45M

See more data about INF stock on TipRanks’ Stock Analysis page.

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