International Lithium Corp. 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, is now filed under the Company's profile on SEDAR. PEA Highlights: 25-year mine life producing 10,000 tonnes per year Lithium Carbonate Equivalent plus 84,000 TPY Sulphate of Potash . The estimated CAPEX and OPEX are for a [...]
International Lithium Corp. announces that it will conduct a private placement of of up to 50,000,000 units 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 Warrant will be exercisable into one common share in the capital of the [...]
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 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 [...]
International Lithium Corp. is pleased to announce the results of a Preliminary Economic Assessment for the Mariana Lithium Brine Project located in the province of Salta, Argentina. PEA Highlights: 25-year mine life producing 10,000 tonnes per year Lithium Carbonate Equivalent plus 84,000 TPY Sulphate of Potash . The estimated CAPEX and OPEX are for a conventional brine extraction facility, solar evaporation ponds and [...]
International Lithium Corp. , 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. Mr. Klip was Chairman and CEO of the Company from January 2017 until he was removed by the board in March 2018. Previously he served as [...]
International Lithium Corp. , announces the appointment of Nicholas Davies to its Board of Directors. Nicholas Davies has served as a public company director since 2010 when he joined the board of Lombard Risk Management plc . He has over 20 years of experience in building technology applications. Since 2016, he has been Chief Technical Officer of Convendia Ltd., which is a young start-up that aims to help organizations [...]
International Lithium Corp. 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 [...]
International Lithium Corp. announces that it has reached an 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 Ltd. , all [...]
International Lithium Corp. is pleased to announce that that it has entered into an agreement with Pioneer Resources Ltd. whereby: Pioneer is deemed to have completed its first earn-in under a 2016 joint venture agreement , by which it will hold a 51% interest in the Mavis property in Ontario, Canada, with ILC retaining the other 49%. The joint venture agreement for ILC's Raleigh property in Ontario, Canada is terminated [...]
International Lithium announces that it has closed the final tranche of the previously announced CAD $1,800,000 non-brokered private placement of secured convertible debentures to raise proceeds of CAD $625,000. The total funds raised for this private placement is CAD $1,800,000. 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 [...]
International Lithium announces that it has extended the period of time to July 16, 2018, for closing the final tranche of the non-brokered private placement of secured convertible debentures announced on April 18. 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. About International Lithium [...]
International Lithium announces that it has closed the second tranche of previously announced CAD$1,800,000 non-brokered private placement of secured convertible 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. The Debentures will mature on June 30, 2019 and bear interest at a rate of 15% per [...]