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INFINITY METALS LIMITED — Board/Management Information 2019
Nov 11, 2019
65127_rns_2019-11-11_971b6954-6915-4f6c-9a7f-78d6715bcf09.pdf
Board/Management Information
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ACN 147 413 956
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ASX: INF ANNOUNCEMENT
12 November 2019
Director Resignation
Infinity Lithium Corporation Limited (‘Infinity’ or ‘the Company’) today announces the resignation of Kevin Tomlinson as Chairman, effective from 27 November 2019.
Mr Tomlinson has been with Infinity (previously Plymouth Minerals Limited) for more than two years and has overseen the increase in the Company’s ownership interest in the San José Lithium Project (‘San José or ‘the Project’) from zero to 75% with a clear trajectory to 100% through the delivery of key technical studies and commercial agreements that have established significant value for the asset. The transformation of the Company included the evolution from a Lithium Carbonate to Lithium Hydroxide Project to satisfy the projected burgeoning demand in the European Union (‘EU’).
Mr Tomlinson’s guidance and achievements have included the oversight in the delivery of two lithium chemical Scoping Studies, the recent delivery of the Lithium Hydroxide Pre-Feasibility Study and a significant push into the European Market establishing closer ties to the European Investment Bank and the European Battery Alliance. The Board thanks Mr Tomlinson for his valued contribution and wishes him well in his future endeavours.
Mr Ryan Parkin, CEO and Managing Director of Infinity commented, “Kevin has provided valuable guidance and a strong and growing European presence throughout the transformation of the Company which now holds a majority ownership interest in the San José Lithium Project. The Board and I would like to express our appreciation for the leadership that Kevin has shown in progressing the Company as we move to the next stage of development for the EU’s leading fully integrated Lithium Hydroxide Project.”
A search is underway for Mr Tomlinson’s successor and the Board will ensure a smooth transition throughout the process with Mr Adrian Byass assuming the role of Non-Executive Chairman on an interim basis.
For further inquiries please contact;
Ryan Parkin CEO, Managing Director T: +61 (8) 6461 6350 E: [email protected]
Infinity Lithium Corporation Limited
ASX:INF