Infinity Energy Resources Inc.

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Post Date
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Description

NEW, Infinity Energy Resources Inc., Denver, (Nasdaq: IFNY) has retained C.K. Cooper & Co. to explore strategic alternatives for its 1.4-million-acre prospect in the Caribbean Sea, offshore Nicaragua. The assets include a production contract with an initial government royalty of 5%, increasing to a maximum of 15%, graduated income tax rates with a maximum rate of 30% and an initial working interest of 100% for Infinity. For more information, contact Jim Dean, 720-932-7800