Regional Grant Funding Awarded For Strategic Training Programs

Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’) is pleased to note the Regional Government of Extremadura has now declared “Strategic” qualification to the battery training and development programs offered through the Company’s wholly owned subsidiary Extremadura New Energies.

HIGHLIGHTS

• Grant funding to be provided for Extremadura New Energies’ training programs.
• The Regional Government of Extremadura declares the training programs of special interest for the region and awards “Strategic” qualification.

The Extremadura Public Employment Service (‘SEXPE’), part of the Regional Government of Extremadura, will provide grants through public funding for its advancement in the coming months to advance these initiatives. The commitment for funding is the first grant aligned by the Regional Government of Extremadura to the San José Lithium Project (‘San José’, or ‘the Project’).

The resolution issued by SEXPE recognises that the Extremadura New Energies’ business project is of special interest for the region due to its significant impact on employment opportunities and evolution of industry potential in Extremadura. SEXPE has also recognised that Extremadura New Energies, in its continued collaboration with EIT InnoEnergy, is the only group successfully carrying out technical training plans in lithium technology in Extremadura. The training and development programs were established through the European Battery Alliance EBA250 Battery Academy.

Ramón Jiménez, CEO of Extremadura New Energies commented“We are really proud to lead with the development career pathways and the progression of new industries for the region against the backdrop of the inevitable rapid evolution to e-Mobility. The SEXPE decision recognises Extremadura New Energies’ business project as of special interest for the region of Extremadura, and as the only one carrying out technical training plans in lithium technology.

The funds committed to the programs reinforce our commitment with the city and the citizens of Cáceres. Through the progression of San José, we are facilitating generational opportunities which align our increased efforts in training future workers for our Project through launching the second edition of the established courses. We will continue to collaborate with local and regional stakeholders to ensure the benefits of this world class project are in concert with the people.”

Extremadura New Energies executed an agreement with the European Battery Alliance for the provision of training and development courses following significant consultation with local business, industry and the community groups (refer to ASX Announcement 27 April 2022).

Infinity and Extremadura New Energies have previously announced the alignment of training and development courses to the local community of Cáceres and region of Extremadura, including courses and programs offered through Círculo Emprassrial Cacerño (refer to ASX Announcement 3 March 2022) and Cáceres Chamber of Commerce (refer ASX Announcement 8 July 2022).

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