Infinity Lithium Corporation Ltd (ASX:INF) has been granted a trading halt by the ASX pending the release of information regarding a capital raising.
Shares in the company will remain halted until the earlier of either, the release of relevant information, or, the commencement of trading on Thursday 27 June 2019.
READ: Infinity Lithium sees significant opportunity in European domestic lithium supply chain
The company is witnessing an increasing focus in Europe on developing an integrated lithium supply chain within the continent.
Infinity's San Jose Lithium Project in Spain is in a unique position to supply the European lithium-ion battery and electric vehicle (EV) industries.
The company is on track to complete the San Jose pre-feasibility study (PFS) next month.