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INFINITY METALS LIMITED Board/Management Information 2020

Aug 26, 2020

65127_rns_2020-08-26_f8ceaece-da68-4073-8476-5f23e838a41b.pdf

Board/Management Information

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RESIGNATION OF NON-EXECUTIVE DIRECTOR

Infinity Lithium Corporation Limited (‘Infinity’ or ‘the Company’) wishes to advise the resignation of Non-Executive Director Mr Vincent Ledoux-Pedailles, effective immediately.

The Company’s continued evolution will focus on an increase in technical and local Spanish appointments for the management and delivery of the San José Lithium Project (‘San José’, or ‘the Project’) Feasibility Study and project development.

Experienced European finance and commodities executive and new appointed

Infinity Director Mr Remy Welschinger maintains the Company’s European financial markets focus as the Company moves to engage with key European institutions and investors.

The Company continues to advance phase one technical work at Dorfner Anzaplan’s German facilities as funded under the agreement with KIC InnoEnergy SE (‘EIT InnoEnergy’).

Non-Executive Chairman Adrian Byass stated, “I would like to thank Vincent for his work and being a key part of the recent major advances for San José, Infinity, and the European battery supply chain. Infinity is now well placed to continue under the stewardship of our Executive and the Board wish Vincent well in his future endeavours.”

Authorised for release by the Board. For further inquiries please contact;

Ryan Parkin CEO, Managing Director T: +61 (8) 6146 5325 E: [email protected]

ASX Release 27 August 2020 ASX: INF FRA: 3PM

Project highlights

2[nd] Largest JORC hard rock lithium deposit in the EU

Strategically located in Spain, Europe to be the 2[nd] largest market for battery grade lithium after China

1st lithium project to secure EIT InnoEnergy Funding

Uniquely fully integrated project with mine and adjacent conversion plant

Low carbon footprint and sustainable operation

Corporate Directory

Ryan Parkin Managing Director & CEO

Adrian Byass Non-Executive Chairman

Remy Welschinger Non-Executive Director

Contact

Level 3, 22 Railway Road Subiaco WA 6008

T: +61 (8) 6146 5325 E:[email protected] W: www.infinitylithium.com W: www.sanjosevaldeflorez.es

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Infinity Lithium Corporation Limited ACN 147 413 956

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About Infinity Lithium

Infinity Lithium is an Australian listed minerals company who is seeking to develop its 75% owned San José Lithium Project in Spain. The fully integrated industrial Project is focused on the production of battery grade lithium chemicals from a mica feedstock that represents the EU’s 2[nd] largest JORC compliant hard rock lithium deposit.

The Project provides an essential component in the EU’s development of a vertically integrated lithium-ion battery supply chain. The availability of critical raw materials and the production of battery grade lithium hydroxide in the EU is essential to ensure the long-term production of lithium-ion batteries for electric mobility and the transition of the burgeoning EU’s automotive industry to electric vehicles.

Infinity Lithium Corporation Limited ACN 147 413 956