Join our daily newsletter At The Bell to receive exclusive market insights
- Infinity Lithium Corporation (INF), through its subsidiary Extremadura New Energies, receives membership access to the Círculo Empresarial Cacereño (CEC)
- The CEC is one of the preeminent business groups in the town of Cáceres, in Spain, and represents 3500 businesses in the Cáceres province
- The group provides a voice for local businesses to allow growth, opportunity and accessibility for its members
- In addition to this membership, Extremadura New Energies has signed a co-operative agreement outlining how they can work together to benefit the people of Cáceres
- On the market, Infinity is up 14.3 per cent and trading at 16 cents per share
Infinity Lithium Corporation (INF), through its subsidiary Extremadura New Energies, has been awarded membership access to the Círculo Empresarial Cacereño (CEC).
The CEC is one of the preeminent business groups in the town of Cáceres, in Spain, and represents 3500 businesses in the Cáceres province.
The group provides a voice for local businesses to allow growth, opportunity and accessibility for its members.
In addition to this membership, Extremadura New Energies has signed a co-operative
agreement outlining how they can work together to benefit the people of Cáceres.
The purpose of this agreement is to promote economic development through the promotion of business initiatives within the lithium-ion battery industry.
“This is an opportunity for the city and for the province, this project is a generator of employment and wealth, and it can also provide an opportunity on the future for the retention of talent and a way to combat depopulation,” CEC President Diego Hernández said.
Infinity Chairman Adrian Byass said the company is “very happy to be working alongside the CEC.”
“We are humbled by the support and hospitality we have been shown in Cáceres over the past few weeks,” he said.
“We believe this, and other relationships like this which we are forging will help us as we work towards ensuring maximum benefits from the project are realised by the town.”
On the market, Infinity was up 14.3 per cent and was trading at 16 cents per share at market close.
