International Lithium Announces Close of Private Placement and Loan Restructure
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2021) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that it has closed the non-brokered private placement (the "Private Placement") of units ("Units") announced on January 6, 2021, for proceeds of $185,788. On closing, the Company issued 3,715,750 Units. Each Unit is comprised of one common share and one-half of a share purchase warrant (each whole warrant being a "Warrant"), with each Warrant exercisable into...
2021-01-26 7:32 PM EST
International Lithium Announces $2,000,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2021) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it plans to complete a private placement of up to 36,363,636 units ("Units") at $0.055 per Unit to raise gross proceeds of up to $2,000,000. Each Unit will be comprised of one common share and one-half of one share purchase warrant (each whole warrant being a "Warrant"), with each Warrant exercisable into one common share until February 29, 2024 at...
2021-01-26 4:21 PM EST
International Lithium Announces Loan Restructure and Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2021) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it intends to restructure its indebtness, whereby the Company will issue to certain insiders and other private investors of the Company ("Lenders") an aggregate of 60,355,000 bonus share purchase warrants (the "Bonus Warrants") of the Company in consideration of debentures with a total principal value of CDN $3,017,750 being substituted with non-convertible debt from the Lenders to the Company (the...
2021-01-06 8:30 AM EST
International Lithium Amends Terms of Warrants
Vancouver, British Columbia--(Newsfile Corp. - December 24, 2020) - International Lithium Corp. (TSXV: ILC.V) (the "Company" or "ILC") announces that it intends to amend the terms of an aggregate 18,800,000 common share purchase warrants (each, a "Warrant") by extending the expiry date by two years to March 31, 2023. All other terms and conditions of the Warrants, including the exercise price of $0.10, will remain unchanged.Of the 18,800,000 Warrants, 12,000,000 were previously issued pursuant to a non-brokered private placement of units that...
2020-12-24 9:00 AM EST
International Lithium Reports Results of 2020 Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2020) - 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 22, 2020 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...
2020-12-23 8:36 AM EST
International Lithium Provides Update on Financial Statements
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2020) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that due to delays resulting from the Covid-19 pandemic, the Company will be postponing the filing of its annual consolidated financial statements and accompanying management's discussion and analysis, and related CEO and CFO certificates for the financial year ended December 31, 2019 (collectively, the "Annual Filings"), which are required to be filed by April 29, 2020 under National Instrument 51-102...
2020-04-29 7:23 PM EDT
International Lithium Announces Measured + Indicated Resource of 4.41 Million Tonnes LCE at Mariana Lithium Brine Project
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2020) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce the receipt of a technical report from strategic partner Ganfeng Lithium Co. Ltd., ("GFL") and (GFL and ILC together the "Companies"), that contains an updated mineral resource estimate for the Mariana lithium brine project (the "Project") located in Salta, Argentina.HighlightsThe resource estimate contained in the technical report, detailed in the table below, includes:4,410,000 tonnes of lithium carbonate ("Li2CO3")...
2020-02-06 8:00 AM EST
International Lithium Closes Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2020) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") (www.internationallithium.com) is pleased to announce the close of the CAD$1,027,500 non-brokered private placement (the "Private Placement") of secured convertible debentures (the "Debentures") announced on November 29, 2019 and January 24, 2020. The Debentures will mature on September 30, 2020 and bear interest at a rate of 12% per annum. The debentureholders will have the right to redeem the Debentures on March 31,...
2020-01-30 7:31 PM EST
International Lithium Announces Increase in Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2020) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that it has increased to $1,027,500 the non-brokered private placement (the "Private Placement") of secured convertible debentures (the "Debentures") announced on November 29, 2019. The Debentures will mature on September 30, 2020 and bear interest at a rate of 12% per annum. The debentureholders will have the right to redeem the Debentures on March 31, 2020 and may convert...
2020-01-24 1:04 PM EST
International Lithium Announces Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce a non-brokered private placement (the "Private Placement") of secured convertible debentures (the "Debentures") in the principal amount of up to $900,000. The Debentures will mature on September 30, 2020 and bear interest at a rate of 12% per annum. The debentureholders will have the right to redeem the Debentures on March 31, 2020 and may convert at...
2019-11-29 5:07 PM EST
International Lithium Reports on 2019 Raleigh Lake UAV Magnetic Survey Results
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce the receipt of the final results from an unmanned aerial vehicle magnetometer ("UAV-MAG") survey designed to collect high-resolution magnetic field data over the Raleigh Lake project area. The resulting magnetic images confirm that a geologic body with elevated magnetic response, previously interpreted to be a gabbroic intrusive hosting the lithium bearing pegmatites, continues onto the adjacent group...
2019-10-01 1:56 PM EDT
International Lithium Amends Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2019) - International Lithium Corp. (TSXV:
2019-07-22 8:30 AM EDT
International Lithium not Affected by Argentina Glacier Law
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2019) - International Lithium Corp. (TSXV:
2019-06-13 8:00 AM EDT
International Lithium Amends Private Placements
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces the closing extension, to July 15, 2019, of its previously announced non-brokered private placement (the "Private Placement") of up to 16,666,667 units (each a "Unit") 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 whole...
2019-06-12 8:45 PM EDT
International Lithium Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2019) - International Lithium Corp. (TSXV: ILC) (OTC PINK: ILHMF) (the "Company" or "ILC") announces the grant of 4,070,000 stock options (the "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 ves
2019-06-11 9:00 AM EDT
International Lithium Closes Final Tranche of $1,880,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2019) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that it has closed the final tranche of its non-brokered private placement (the "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 (each a "Unit") at a price of $0.05 per Unit to raise gross proceeds...
2019-04-17 10:15 AM EDT
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.As a result of cash...
2019-04-12 12:12 PM EDT
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).A total...
2019-04-11 10:35 AM EDT
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. 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...
2019-04-02 9:00 AM EDT
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...
2019-03-22 6:31 PM EDT