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International Lithium Corp. (V:ILC)

Business Focus: Specialty Mining & Metals

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Apr 12, 2019 08:12 am ET
International Lithium Updates on Raleigh and Mariana Projects
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it has decided to prioritize exploration on in its 100%-owned Raleigh Lake project in Ontario, Canada in the first half of 2019. Based on this decision, the Board of the Company has decided not to contribute to the funding of operations on the Company's interest in the Mariana project in Argentina in the first half of 2019.
Apr 11, 2019 06:35 am ET
International Lithium Reports on 2018 Avalonia Drill Results
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") reports analytical results for the 2018 drill program at the Avalonia lithium pegmatite project in Ireland. The results were received from the Company's joint venture partner, GFL International Co. Ltd., a subsidiary of Jiangxi Ganfeng Lithium Co. Ltd. ("Ganfeng Lithium" or "GFL"). GFL is the Operator of the project (see the Company's news release dated May 14, 2018 for further details).
Apr 02, 2019 05:00 am ET
International Lithium Closes $530,000 Second Tranche of Private Placement Bringing Total to $1.73 Million
Vancouver, British Columbia--(Newsfile Corp. - April 2, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that it has closed the second tranche of its non-brokered private placement (the "Private Placement") of units for proceeds of CAD $531,240. On closing, the Company issued 10,624,820 Units.
Mar 22, 2019 02:31 pm ET
International Lithium Announces Extension and Amendment to Terms of Outstanding Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it intends to amend the terms for up to $2,700,000 of secured convertible debentures in the principal amount of $2,980,000 (the "Convertible Debentures") which remain outstanding and mature on June 30, 2019. The Company first announced the proposed issuance of the Convertible Debentures on March 29, 2018 and April 18, 2018. The Convertible Debentures bear interest of 15% per annum and have a maturity date of June 30, 2019. The Convertible Debentures are convertible into common shares of the Company at a conversion price of $0.085 per common share. The Company seeks to extend the maturity date of the Convertible Debentures for one year until June 30, 2020 and amend the conversion price of the Convertible Debentures to $0.065 per common share (the "Amendments").
Mar 01, 2019 04:13 pm ET
International Lithium Private Placement Extension
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that the closing date to March 31, 2019, for the previously announced non-brokered private placement (the "FT Private Placement") of up to 15,384,615 flow-through shares (the "FT Shares") of the Company at a price of $0.065 per FT Share for total gross proceeds of up to $1,000,000. Proceeds of the FT Private Placement will be used for exploration on the Company's Raleigh Lake Project in Ontario.
Feb 13, 2019 01:45 pm ET
International Lithium Closes Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of convertible debentures (the "Debentures") in the principal amount of GBP 240,000 (CAN $408,000). The Debentures will mature on May 31, 2019 and bear interest at a rate of 15% per annum. The debentureholders may convert at any time, all or a portion of the convertible loan principal into common shares of the Company at a price of CDN $0.07 per common share.
Feb 07, 2019 08:51 am ET
International Lithium Closes $1,200,000 First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that it has closed the first tranche of its non-brokered private placement (the "Private Placement") of units for proceeds of $1,200,000. On Closing, the Company issued 24,000,000 shares and 12,000,000 warrants. The securities were issued pursuant to a private placement of up to 50,000,000 units (each a "Unit") at a price of $0.05 per Unit to raise gross proceeds up to CAD $2,500,000. Each Unit consists of one common share of the Company and one-half of a transferable common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable into one common share in the capital of the Company at an exercise price of $0.10 per share for two years from issue.
Feb 04, 2019 09:59 am ET
International Lithium Announces Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that it intends to complete a non-brokered private placement (the "Private Placement") of convertible debentures (the "Debentures") in the principal amount of up to GBP 240,000. The Debentures will mature on May 31, 2019 and bear interest at a rate of 15% per annum. The debentureholders may convert at any time, all or a portion of the convertible loan principal into common shares of the Company at a price of CDN $0.07 per common share.
Feb 01, 2019 02:57 pm ET
International Lithium Announces Private Placement of Flow-Through Shares
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that it intends to complete a non-brokered private placement (the "FT Private Placement") of up to 15,384,615 flow-through shares (the "FT Shares") of the Company at a price of $0.065 per FT Share for total gross proceeds of up to $1,000,000.
Jan 22, 2019 05:00 am ET
International Lithium Files Positive PEA of Mariana Lithium Brine Project, Salta, Argentina
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that the technical report "Preliminary Economic Assessment of the Mariana Lithium Brine Project," or "PEA" with an effective date of November 15, 2018, (see the Company's news release dated December 6, 2018 for further details) is now filed under the Company's profile on SEDAR.
Dec 11, 2018 11:50 am ET
International Lithium Announces $2,500,000 Private Placement of Units
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2018) - International Lithium Corp. (the "Company" or "ILC") (TSXV: ILC) announces that it will conduct a private placement of of up to 50,000,000 units (each a "Unit") at a price of $0.05 per Unit for gross proceeds up to CAD $2,500,000, which may include directors of the Company. Each Unit will consist of one common share of the Company and one-half of a transferable common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable into one common share in the capital of the Company at an exercise price of $0.10 per share until January 31, 2021.
Dec 10, 2018 09:45 am ET
International Lithium Reports Results of 2018 Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2018) - International Lithium Corp. (TSXV: ILC) ("ILC" or the "Company") is pleased to announce that all resolutions proposed at the Company's annual general and special meeting of shareholders held on December 10, 2018 were passed. All agenda items outlined in the information circular for the meeting were approved and all director nominees were elected, with over 85% of votes cast in favour of all the motions. The directors elected for the ensuing year were: John Wisbey, Maurice Brooks, Nicholas Davies, Anthony Kovacs and Ross Thompson.
Dec 06, 2018 04:00 am ET
International Lithium Announces Positive Preliminary Economic Assessment Results for the Mariana Lithium Brine Project, Salta, Argentina
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce the results of a Preliminary Economic Assessment ("PEA") for the Mariana Lithium Brine Project located in the province of Salta, Argentina.
Nov 13, 2018 10:05 am ET
International Lithium Announces Resignation of Director
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC"), announces the resignation of Kirill Klip from the Board of Directors, effective today. This follows a Board vote, following consultation with major shareholders, not to put Mr. Klip forward for re-election at the Company's AGM to be held on December 10, 2018.
Nov 09, 2018 10:05 am ET
International Lithium Appoints Nicholas Davies Director
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC"), announces the appointment of Nicholas Davies to its Board of Directors.
Sep 11, 2018 09:09 am ET
Ultra Lithium Signs Agreement to Acquire Forgan Lake Lithium Property in Northwestern Ontario
Ultra Lithium Inc. (TSX-V: ULI) (“Ultra Lithium” or “the Company”) is pleased to announce that it has entered into an agreement with International Lithium Corp. (TSX-V: ILC) to acquire 100% interest in the Forgan Lake Lithium property, consisting...
Sep 10, 2018 08:12 am ET
International Lithium Appoints Investor Relations Director
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it has appointed Dr. Yana O'Sullivan as Investor Relations Director. Her responsibilities will include capital markets activity and strategy generally, communications, and assisting the Company with its objective of growing and diversifying its shareholder base in Europe and specifically in the United Kingdom. Initially Dr. O'Sullivan's appointment is for a minimum period of four months, but the Company has reserved the right to extend this appointment should the business need arise.
Sep 10, 2018 05:00 am ET
International Lithium Acquires Further Mineral Rights at Raleigh Lake, Ontario and Agrees to Sell Forgan Lake Project
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2018) - International Lithium Corp. (the "Company" or "ILC") (TSXV: ILC) announces that it has reached an agreement (the "Raleigh Agreement") to acquire from a third party 55 additional claims adjacent to its Raleigh Lake Project in Ontario. This new acquisition will increase the total size of the Raleigh Lake property to 1,976 hectares, or approximately double the original size. On August 29, 2018, the Company announced that, as part of a wider agreement with Pioneer Resources Limited (ASX: PIO) ("Pioneer"), all the rights, title and interest in the Raleigh Lake property were being returned to the Company, with no further obligations by ILC.
Aug 29, 2018 02:51 pm ET
International Lithium Amends Ontario Project Agreements
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that that it has entered into an agreement (the "PIO Agreement") with Pioneer Resources Limited (ASX: PIO) ("Pioneer") whereby:
Jul 16, 2018 04:36 am ET
International Lithium Closes Final Tranche of CAD $1,800,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it has closed the final tranche of the previously announced CAD $1,800,000 non-brokered private placement (the "Private Placement") of secured convertible debentures (the "Debentures") to raise proceeds of CAD $625,000. The total funds raised for this private placement is CAD $1,800,000.
Jun 27, 2018 02:56 pm ET
International Lithium Extends Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it has extended the period of time to July 16, 2018, for closing the final tranche of the non-brokered private placement (the "Private Placement") of secured convertible debentures (the "Debentures") announced on April 18, 2018. The Private Placement is in the principal amount of up to $1,800,000. The Debentures will mature on June 30, 2019, and bear interest at a rate of 15% per annum, payable quarterly.
Jun 15, 2018 11:14 am ET
International Lithium Closes Second Tranche of CAD$1,800,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC"), announces that it has closed the second tranche of previously announced CAD$1,800,000 non-brokered private placement (the "Private Placement") of secured convertible debentures (the "Debentures") to raise proceeds of CAD$900,000. This brings the total funds raised for this private placement to CAD$1,175,000. The Company expects a further final tranche closing.
Jun 05, 2018 09:47 am ET
International Lithium Extends Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it has extended the closing date to June 25, 2018 for the final tranche of the non-brokered private placement (the "Private Placement") of a convertible debentures (the "Debentures") announced on April 18, 2018. The Private Placement is in the principal amount of up to $1,800,000. The Debentures will mature on June 30, 2019 and bear interest at a rate of 15% per annum, payable quarterly.
May 14, 2018 05:00 am ET
International Lithium Reports Drilling Commences at the Avalonia Lithium JV, Ireland
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce, together with joint venture partner GFL International Co. Ltd., a subsidiary of Jiangxi Ganfeng Lithium Co. Ltd. ("Ganfeng Lithium" or "GFL") the commencement of drilling at the Avalonia lithium pegmatite project ("Avalonia JV") in Ireland, a joint venture between the two companies.
May 03, 2018 05:00 am ET
International Lithium Closes First Tranche of $1,800,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC"), announces that it has closed the first tranche of previously announced $1,800,000 non-brokered private placement (the "Private Placement") of secured convertible debentures (the "Debentures") to raise proceeds of $275,000. The Debentures will mature on June 30, 2019 and bear interest at a rate of 15% per annum, payable quarterly. The debentureholders may convert at any time, all or a portion of the convertible loan principal into common shares of the Company at a price of $0.085 per common share.
Apr 18, 2018 12:15 pm ET
International Lithium Announces Convertible Debenture Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 18, 2018) - International Lithium Corp. (the "Company" or "ILC") (TSXV: ILC) announces that it will conduct a non-brokered private placement (the "Private Placement") of a convertible debentures (the "Debentures") in the principal amount of up to $1,800,000. The Debenture will mature on June 30, 2019 and bear interest at a rate of 15% per annum, payable quarterly. The debentureholders may convert at any time, all or a portion of the convertible loan principal into common shares of the Company at a price of $0.085 (8.5 cents) per common share, with $0.080 being the previous day's closing trading price of the Company's shares.
Apr 18, 2018 07:54 am ET
International Lithium Closes $1,180,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 18, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC"), announces that it has closed the previously announced non-brokered private placement (the "Private Placement") of a secured convertible debenture (the "Debenture") in the principal amount of up to $1,180,000 with John Wisbey, Chairman, CEO and a significant shareholder of the Company. The Debenture will mature on June 30, 2019 and bear interest at a rate of 15% per annum, payable quarterly. The debentureholder may convert at any time, all or a portion of the convertible loan principal into common shares of the Company at a price of $0.085 per common share. Should Debenture conversion take place more than one year after closing, the conversion price will be $0.10 per common share.
Apr 09, 2018 05:00 am ET
International Lithium Announces Mavis Lake Lithium Project Assays Confirm Wide Spodumene-Bearing Pegmatite Intersections
Vancouver, British Columbia--(Newsfile Corp. - April 9, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC"), in conjunction with its joint venture partner, Pioneer Resources Limited ("Pioneer"), is pleased to provide the results of a successful drilling program at the Mavis Lake Lithium Project in the province of Ontario, Canada (see Company news releases February 19, 2018 and January 23, 2018).
Mar 29, 2018 12:40 pm ET
International Lithium Announces Convertible Debenture Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces, further to its news release of March 23, 2018, that it will conduct a non-brokered private placement (the "Private Placement") of a secured convertible debenture (the "Debenture") in the principal amount of up to $1,180,000 with John Wisbey, Chairman, CEO and a significant shareholder of the Company. The Debenture will mature on June 19, 2019 and bear interest at a rate of 15% per annum, payable quarterly. The lender may convert at any time, all or a portion of the convertible loan principal into common shares of the Company at a price of $0.085 per common share, being the closing trading price of ILC shares on March 28, 2018. Should Debenture conversion take place more than one year after closing, the conversion price will be $0.10 per common share.
Mar 23, 2018 09:36 am ET
International Lithium Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces: Following the announcement on March 16, 2018 that John Wisbey has replaced Kirill Klip as Chairman and Chief Executive Officer of the Company, the Board of ILC is pleased to confirm a few more details.
Feb 19, 2018 04:30 am ET
International Lithium Anounces Completion of Successful Drill Program at Mavis Lake Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - February 19, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC"), in conjunction with its joint venture partner Pioneer Resources Limited ("Pioneer"), is pleased to announce the completion of the drilling program at the Mavis Lake Lithium Project in the province of Ontario, Canada (Company news release January 23, 2018).
Feb 02, 2018 11:00 am ET
International Lithium Announces Strategic Goals For 2018
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2018) - International Lithium Corp. (the "Company" or "ILC") (TSXV: ILC) is pleased to announce the completion of a successful transitional year. We are building a green energy metals company in order to provide our shareholders with the opportunity to participate in the ongoing Energy rEVolution. ILC currently holds highly prospective projects in the most prolific areas of the world for lithium and rare metals. ILC's joint ventures with Jiangxi Ganfeng Lithium Co. Ltd. in Argentina and Ireland are an entry point to a vertically integrated lithium business with the largest lithium materials producer from China.
Jan 25, 2018 02:06 pm ET
International Lithium Closes First Tranche of $1,000,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it has closed the first tranche of the previously announced non-brokered private placement (see Company news release December 29, 2017) of up to 5,000,000 units (the "Units") at $0.20 per Unit to raise proceeds of up to $1,000,000. On closing of the first tranche of $450,000, the Company issued 2,250,000 Units, each Unit comprising one share and one-half of a share purchase warrant exercisable at $0.30 per share until 24 months from closing.
Jan 25, 2018 12:43 pm ET
International Lithium Closes $450,000 First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it has closed the first tranche of the previously announced non-brokered private placement of units to raise proceeds of $450,000. Three non-arms' length parties participated in the private placement for total investments of $300,000: significant shareholder of the Company, TNR Gold Corp. ("TNR"), Executive Chairman, Kirill Klip, and Deputy Chairman, John Wisbey.
Jan 23, 2018 04:00 am ET
International Lithium Reports Drilling Underway at Mavis Lithium Project, Ontario, Canada
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC"), in conjunction with its strategic partner, Pioneer Resources Limited ("Pioneer") (ASX: PIO), is pleased to announce that drilling is underway at the Mavis Lake Lithium Project in the province of Ontario, Canada.
Jan 11, 2018 04:10 am ET
International Lithium Reports $1 million Budget for the Avalonia Lithium JV, Ireland
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce, together with joint venture partner GFL International Co. Ltd., a subsidiary of Jiangxi Ganfeng Lithium Co. Ltd. ("Ganfeng Lithium" or "GFL"), the adoption of a 2018 budget for continued work at the Avalonia lithium pegmatite project ("Avalonia JV") in Ireland, a joint venture between the two companies
Jan 08, 2018 05:13 am ET
International Lithium and Ganfeng Lithium Approve $17M Budget for Mariana JV, Argentina
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce, together with joint venture partner Mariana Lithium Co. Ltd. (("MLC"), a subsidiary of Jiangxi Ganfeng Lithium Co. Ltd. ("Ganfeng Lithium")) the adoption of a 2018 budget for continued work at the Mariana lithium brine project ("Mariana JV") in Salta, Argentina, a joint venture between the two companies. Current ownership of the project is through a joint venture company, Litio Minera Argentina S. A., a private company registered in Argentina, ownership of which will be 82.754% by Ganfeng Lithium and 17.246% by ILC. In addition, ILC has an option to acquire 10% in the Mariana project through a back-in right.
Dec 29, 2017 06:22 am ET
International Lithium Announces $1,000,000 Private Placement of Units
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2017) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it will conduct a private placement of up to 5,000,000 units (each a "Unit") at a price of $0.20 per Unit for gross proceeds of up to $1,000,000 CAD, which may include non-arm's length parties, including TNR Gold Corp. and directors of the Company. Each Unit consists of one common share of the Company and one-half of one transferable common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable into one common share in the capital of the Company for a period of 24 months from the date of issue, at an exercise price of $0.30 per Warrant.
Dec 28, 2017 04:18 am ET
IIROC Trade Resumption - International Lithium Corp.
Vancouver, British Columbia--(Newsfile Corp. - December 28, 2017) - Trading resumes in:
Dec 28, 2017 04:14 am ET
International Lithium Reaches Settlement Agreement with Ganfeng Lithium on Mariana JV, Argentina
Vancouver, British Columbia--(Newsfile Corp. - December 28, 2017) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce a settlement agreement between the Company and its joint venture partner, Mariana Lithium Co. Ltd. (("MLC"), a subsidiary of Jiangxi Ganfeng Lithium Co., Ltd. ("Ganfeng")) regarding the Mariana Lithium JV brine project (the "Mariana JV") in Salta, Argentina.
Dec 28, 2017 03:25 am ET
IIROC Trading Resumption - ILC
VANCOUVER, Dec. 28, 2017 /CNW/ - Trading resumes in:
Dec 27, 2017 05:03 am ET
IIROC Trade Halt - International Lithium Corp.
Vancouver, British Columbia--(Newsfile Corp. - December 27, 2017) - The following issues have been halted by IIROC:
Dec 27, 2017 04:13 am ET
IIROC Trading Halt - ILC
VANCOUVER, Dec. 27, 2017 /CNW/ - The following issues have been halted by IIROC:
Dec 08, 2017 10:00 am ET
International Lithium Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2017) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces the grant of 3,500,000 stock options (the "Options") to directors, officers, employees and consultants of the Company. The Options are exercisable at $0.18 per share until five years from the date of grant.
Dec 06, 2017 04:25 am ET
International Lithium Receives Encouraging Pump Test Results on Mariana Lithium Brine Project, Argentina
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2017) - International Lithium Corp. (the "Company" or "ILC") (TSXV: ILC) is pleased to announce that it has received a report prepared by Geos Mining Minerals Consultants of Australia ("Geos") through ILC's joint venture partner, Mariana Lithium Co., Ltd., a subsidiary of Jiangxi Ganfeng Lithium Co., Ltd. The report summarizes results from trial pump tests conducted in September 2017 at Salar de Llullaillaico, location of the Mariana lithium brine joint venture project ("Mariana") in Salta, Argentina. The trial tests are part of ongoing pump tests to be completed at three locations on the project. A conclusion from the trial pump test report states, "A step-drawdown test pumped at three (3) rates of between 10 and 30 litres per second ("L/s") indicated a high transmissivity, hydraulic conductivity and storativity." The ultimate goal for these ongoing tests is to carry out long term pumping at a constant rate of 60 L/s at three sites within the resource area. The Company will provide further updates on the progress of these tests.
Nov 27, 2017 10:41 am ET
International Lithium Closes Private Placement of Convertible Securities
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2017) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it has closed the previously announced private placement of convertible securities to raise proceeds of $700,000 from a non-arms' length party, being a significant shareholder of the Company, TNR Gold Corp. ("TNR"). The convertible securities bear interest at the rate of 15% per annum, payable January 31 of each year, and have a maturity date of January 31, 2019. The lender may convert at any time, all or a portion of the principal into common shares of the Company at a price of $0.14 per common share. The Company has the right to repay the convertible loan, at any time on the last business day of the month, upon 10 days' notice to the lender.
Nov 20, 2017 01:24 pm ET
International Lithium Reports Results of 2017 Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2017) - International Lithium Corp. (TSXV: ILC) ("ILC" or the "Company") is pleased to announce that all resolutions proposed at the Company's annual general meeting of shareholders held on November 20, 2017 were passed. All agenda items outlined in the information circular for the meeting were approved and all directors standing for election were re-elected. The directors elected for the ensuing year were Maurice Brooks, Kirill Klip, Ross Thompson and John Wisbey.
Oct 17, 2017 09:03 am ET
International Lithium Provides Update on Exploration Strategy For Mavis Lithium Project, Ontario, Canada
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2017) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce, with strategic partner Pioneer Resources Limited ("Pioneer"), and further to the Company's news release of April 11, 2017, an update on the Mavis Lake Lithium Project in Ontario, Canada.
Oct 10, 2017 03:23 pm ET
International Lithium announces Private Placement of Convertible Securities
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2017) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it will conduct a private placement of convertible securities having a face value of up to $700,000 from a non-arms' length party, being a significant shareholder of the Company, TNR Gold Corp. The convertible securities bear interest at the rate of 15% per annum, payable January 31 and have a maturity date of January 31, 2019. The lender may convert at any time, all or a portion of the principal into common shares of the Company at a price of $0.14 per common share. The Company has the right to repay the convertible loan, at any time on the last business day of the month on 10 days notice.