International Lithium Corp. is pleased to announce results from the lithogeochemistry program on the Company's 100% owned Raleigh Lake lithium, caesium and rubidium project in Ontario, Canada. Further to a news release dated December 16, 2021, early analysis of the results confirms there are over 15 new coincident lithium, caesium and rubidium anomalies in predominantly meta-volcanic host rocks. These targets within the [...]
The board of International Lithium Corp. is pleased to announce the completion of the sale of its 49% stake in the Mavis Lake lithium project in Ontario to Critical Resources Ltd. in line with the announcement made on October 25, 2021 whereby CRR buys 100% of the claims from the Company and its partner Essential Metals Ltd. Highlights Following completion of the Mavis Lake sale and the sale of its remaining stake in Mariana to Ganfeng Lithium in October 2021, ILC now has CAD$ 12.9m of cash and marketable securities. Proceeds of the Mavis Lake sale being used to strengthen balance sheet further to fund exploration program in Raleigh Lake, where ILC now has claims of 47,700 hectares, and to progress acquisition of other properties Upon completion of the Mavis Lake sale,... [...]
International Lithium Corp. is pleased to announce that all resolutions proposed at the Company's annual general and special meeting of shareholders held on December 29, 2021 were passed. All agenda items outlined in the information circular for the meeting were approved and all director nominees were elected, with over 99% of votes cast in favour of all the motions. The directors elected for the ensuing year were: John [...]
The International Lithium Association , a new not-for-profit trade body representing the global lithium industry, is delighted to welcome Albemarle Corporation as a founding Core Member. Albemarle is one of the industry leaders in lithium and lithium derivatives, and one of the few vertically integrated suppliers with several resources and conversion facilities across the globe. The Association is based in London, UK [...]
The board of International Lithium Corp. is pleased to announce the further expansion of its Raleigh Lake lithium and rubidium project in Ontario, Canada where it now has claims totalling over 47,000 hectares , an increase of more than 20,000 hectares from the previously announced 27,000 hectares . At the same time the Company announces the completion of an exploration program at Raleigh Lake and the discovery of several [...]
International Lithium Corp. announces that pursuant to the Company's stock option plan and the policies of the TSX Venture Exchange, it has granted 6,955,000 stock options to directors and officers of the Company. The Options are exercisable at $0.12 per common share until November 4, 2026. The Options vest one year from the date of grant. This brings the number of outstanding options to 16,680,000, representing a total [...]
The board of International Lithium Corp. is pleased to announce the further expansion of its Raleigh Lake lithium and rubidium project in Ontario, Canada where it now has claims totalling 27,000 ha, an increase of 10,000 hectares from the previously announced 17,000 hectares and from 3,000 hectares when ILC's drilling began in April 2021. At the same time the Company and its partner Essential Metals Limited have announced [...]
The board of International Lithium Corp. is pleased to announce the completion of its transaction to sell its remaining interest in the Mariana project. The Company announced on September 21, 2021 that it had contracted to sell its remaining 8.58% stake in Litio Minera Argentina S.A. and the Company's remaining rights and obligations related to the Mariana project to ILC's partner Ganfeng Lithium. The deal included [...]
The board of International Lithium Corp. is pleased to announce an update on progress at the end of the quarter. Sale of Mariana This sale of ILC's remaining 8.58% stake in Litio Minera Argentina and the remaining rights in the Mariana project to ILC's partner Ganfeng Lithium for CAD$ 16.8 million was announced on September 21, 2021. The Mariana transaction counts as a "Reviewable Disposition" under TSXV policies and is [...]
The board of International Lithium Corp. is pleased to announce that it has agreed to the sale of its remaining 8.58% stake in Litio Miñera Argentina S.A. "LMA", the company owning the Mariana lithium salar project in Argentina, and also to sell its other rights in the project, including the right to acquire a further 10% in the Mariana project. The legal entity acquiring is Ganfeng Lithium Netherlands Co., B.V., a [...]
International Lithium Corp. is pleased to announce that it has closed the second and final tranche of its oversubscribed non-brokered private placement of units announced on July 15, 2021. On closing, the Company issued 7,706,669 Units at CAD $0.06 per Unit for proceeds of CAD $462,400. Each Unit is comprised of one common share and one-half of one share purchase warrant . Each Warrant entitles the holder to acquire one [...]
International Lithium Corp. announces that it has acquired through staking more than 14,000 hectares of claims in the vicinity of the Raleigh Lake lithium and rubidium project in Ontario, Canada, bringing the Raleigh Lake project area to just over 17,000 hectares . The new claims were staked within the Raleigh Lake Greenstone Belt adjacent to the pre-existing Raleigh Lake claim grouping. The Company's ongoing [...]