15 Mar 2017 13:26
Infinity Energy S.A. - Statement re Share Price MovementInfinity Energy S.A. - Statement re Share Price Movement
PR Newswire
London, March 15
Infinity Energy S.A.("Infinity Energy" or the "Company")
Statement re Share Price Movement
The Board of Infinity notes the sharp increase in the Company's share price this morning. The Board is not aware of any reason for the price movement.
The Company continues to have very limited cash resources and is dependent on the continued financial support of its major shareholder. The Company is planning to raise funding to provide additional capital to pursue its investing policy. A further announcement will be made in due course.
For further information, please contact:
| Infinity Energy S.A. Gerwyn Williams Bruce Vandenberg | Tel: +44 7889 677 397 Tel: +44 7899 791 726 |
| Nomad Cairn Financial Advisers LLP Sandy Jamieson / James Caithie | Tel: +44 207 213 0880 |
| Joint-Broker WH Ireland Limited Paul Shackleton / Nick Prowting | Tel: +44 207 220 1666 |
| Joint-Broker Peterhouse Corporate Finance Limited Eran Zucker / Lucy Williams | Tel: +44 20 7469 0930 |
Infinity Eng (INFT)