Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | 1120-789 Pender St. West VANCOUVER BC V6C 1H2 |
Tel: | N/A |
Website: | https://internationallithium.com |
IR: | See website |
Key People | ||
John Michael Wisbey Chairman of the Board, Chief Executive Officer | Maurice Brooks Chief Financial Officer, Director | Anthony Kovacs Chief Operating Officer, Director |
Business Overview |
International Lithium Corp. is a lithium and rare metals company. The Company is in the process of exploring and investing in mineral properties located in Canada and Ireland. The Company has interest in various projects, such as Raleigh Lake, Wolf Ridge, Avalonia, and Forgan Lake and Lucky Lake. The Raleigh Lake Project is wholly owned by the Company and consists of a total of 48,500 hectares (485 square kilometers) of mineral claims in the Kenora Mining District of Ontario, Canada. The Forgan Lake and property consists of certain claims located in the Thunder Bay Mining District in Northwestern Ontario, Canada. The Wolf Ridge property is comprised of approximately 5,700 hectares located in Ontario. The Avalonia Lithium Project is comprised of certain licenses in the Carlow and Wicklow counties, Ireland. The Company retains a 1.5% NSR on the Forgan Lake and Lucky Lake projects. The Company's subsidiaries include International Lithium UK Ltd. and International Lithium Canada Ltd. |
Financial Overview |
For the fiscal year ended 31 December 2023, International Lithium Corp revenues was not reported. Net loss increased 87% to C$2.5M. Higher net loss reflects (Loss) gain on marketable securities decrease from C$1.1M (income) to C$196K (expense), G/L on Sale of Tangible & Intangible FA decrease from C$1.3M (income) to C$0K, Foreign exchange (gain) loss increase from C$356K (income) to C$40K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $3.36M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$2.99M as of Dec 31, 2023 |
Net annual income (TTM): | -$2.49M as of Dec 31, 2023 |
Free cash flow (TTM): | -$4.03M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 248,586,588 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |