International Lithium Corp. announces the closing extension, to July 15, 2019, of its previously announced non-brokered private placement of up to 16,666,667 units at a price of $0.06 per Unit to raise up to CAD $1,000,000. Each Unit will consist of one common share of the Company and one-half of a transferable common share purchase warrant . Each Warrant will be exercisable into one common share in the capital of the [...]
International Lithium Corp. announces the grant of 4,070,000 stock options to directors and officers of the Company. The Options are exercisable at $0.065 per share until May 31, 2024. A total of 695,000 of the options vest immediately and a total of 3,375,000 vest one year from the date of grant. This brings the number of outstanding options to 10,705,000, representing a total of 8.07% of the Company's outstanding [...]
International Lithium Corp. is pleased to announce that it has closed the final tranche of its non-brokered private placement of Units for proceeds of $148,759 On Closing, the Company issued 2,975,178 Units. The securities were issued pursuant to a private placement of up to 50,000,000 units at a price of $0.05 per Unit to raise gross proceeds up to CAD $2,500,000. The total funds raised pursuant to this private placement [...]
International Lithium Corp. 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. As a result of cash calls made up to the present date [...]
International Lithium Corp. 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. . GFL is the Operator of the project . A total of 1947.6 metres of NQ diameter core drilling was completed in fifteen drill holes spanning a [...]
International Lithium Corp. is pleased to announce that it has closed the second tranche of its non-brokered private placement of units for proceeds of CAD $531,240. On closing, the Company issued 10,624,820 Units. The securities were issued pursuant to a private placement of up to 50,000,000 units at a price of $0.05 per Unit to raise gross proceeds up to CAD $2,500,000. This brings the total funds raised pursuant to [...]
International Lithium Corp. 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 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 [...]
International Lithium Corp. is pleased to announce that the closing date to March 31, 2019, for the previously announced non-brokered private placement of up to 15,384,615 flow-through 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. The Company is also [...]
International Lithium Corp. is pleased to announce that it has closed a non-brokered private placement of convertible debentures in the principal amount of 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 [...]
International Lithium Corp. is pleased to announce that it has closed the first tranche of its non-brokered 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 at a price of $0.05 per Unit to raise gross proceeds up to CAD $2,500,000. Each Unit consists of one [...]
International Lithium Corp. is pleased to announce that it intends to complete a non-brokered private placement of convertible 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 [...]
International Lithium Corp. is pleased to announce that it intends to complete a non-brokered private placement of up to 15,384,615 flow-through shares of the Company at a price of $0.065 per FT Share for total gross proceeds of up to $1,000,000. The FT Shares will qualify as "flow-through shares" for the purposes of the Income Tax Act . The proceeds of the FT Private Placement will be used to incur "Canadian exploration [...]
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