News

VANCOUVER, BC / March 5, 2023 / Infinitum Energy Pte. Ltd. (“Infinitum”, “iEg”, or the “Company”), a pioneering climate infrastructure company, is pleased to announce the agreement with the Mahaweli Authority for up to 1,100 acres of land in Sri Lanka. This acquisition marks a pivotal advance in the implementation of iEg’s renewable energy portfolio and enables the Company to move into the next phase of conducting detailed project studies. Infinitum has been approved to spearhead the development of a portfolio of wind and solar projects, cumulatively expected to deliver a robust 488MW installed capacity. This initiative aligns with Sri...

VANCOUVER, BC / ACCESSWIRE / November 18, 2022 / Infinitum Energy Pte. Ltd. (“Infinitum“, “iEg“, or the “Company“) is pleased to announce it has closed a non-brokered private placement for gross proceeds of $7,500,000 priced at $0.75 per Common Share. The private placement was fully subscribed by eWealthTech LLC (“eWealthTech“), through their wholly owned US-based subsidiary, MyTC Corporation (“MyTC“). Pursuant to significant interest, the Company announces that it is arranging a follow-on non-brokered private placement financing for up to $2,500,000, also priced at $0.75 per Common Share, targeting close prior to December 15, 2022. Mr. Lindsay Nagle, CEO of Infinitum, commented: “We are very pleased to have…

Vancouver, B.C., February 1, 2022 – Infinitum Energy Pte Ltd. (“Infinitum”, “iEg”, or the “Company”) is pleased to announce it has entered into a joint venture agreement (the “JV Agreement”) with Samsara Energy Management LLC (“Samsara”) to develop a 240MW wind energy project in Mongolia (the “Project”). Pursuant to the JV Agreement, Samsara has secured 200 hectares of land in a potential Class 1 wind area (the “Project Site”), which will be contributed to the Project. The Company anticipates up to 240MW of installed wind capacity at the Project Site. The Project Site’s Class 1 designation gives this project tremendous…

Vancouver, B.C., December 23, 2021 – Infinitum Energy Pte Ltd. (“Infinitum”, “iEg”, or the “Company”) is pleased to announce it has entered into an amalgamation agreement dated December 14th, 2021 ( the “Amalgamation Agreement”) by and among the Company, Infinitum Energy Ltd. (“Subco”), a wholly-owned British Columbia based subsidiary of Infinitum, and Lambo Acquisition Corp. (“Lambo”), pursuant to which, Subco agreed to amalgamate with Lambo by way of a three-cornered amalgamation (the “Transaction”) to form one corporation, continuing under the name Infinitum Energy Pte Ltd. (“Amalco”). About Infinitum Energy Pte Ltd. Infinitum is a climate infrastructure company focused on emerging…