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Infinity Metals Limited (ASX:INF)

ALERT: Price-sensitive ASX Announcement for INF
Current share price for INF : $0.008 -0.001 (-11.11%)+
Announcement
Release
4 Aug 2026 9:34AM
Price at Release
$0.009
Full Release
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Summary
Infinity Metals Limited announced that its Exploitation Concession Application for the San José Lithium Project in Spain was rejected by the Extremadura government, citing insufficient technical information. The company argues that this situation arose due to governmental administrative failures, which prevented necessary access and drilling work. Infinity is considering options such as appealing the decision or resubmitting an application. Additionally, the company has strategically prepared for such outcomes by securing other project opportunities.
Key Points
  • Infinity Metals Limited's Exploitation Concession Application for the San José Lithium Project was rejected by the Extremadura government.
  • The rejection was due to insufficient technical information, which Infinity contends was a result of governmental administrative failures.
  • Infinity has been unable to conduct necessary drilling and technical work due to lack of access and revoked permits.
  • The company is considering an appeal or resubmitting an Investigation Permit Application.
  • Infinity has prepared for potential project disruptions by accumulating other project opportunities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.