International Lithium is pleased to announce, together with joint venture partner Mariana Lithium Co., a subsidiary of Jiangxi Ganfeng Lithium Co.the adoption of a 2018 budget for continued work at the Mariana lithium brine project in Salta, 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 [...]
International Lithium announces that it will conduct a private placement of up to 5,000,000 units 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 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 Warrant is exercisable into one [...]
International Lithium is pleased to announce a settlement agreement between the Company and its joint venture partner, Mariana Lithium Co. Ltd. , a subsidiary of Jiangxi Ganfeng Lithium Co., Ltd. ) regarding the Mariana Lithium JV brine project in Salta, Argentina. As it was reported in Company's MD&A, in January 2017, during the transition from the former management of ILC to the current management, it is acknowledged [...]
International Lithium announces the grant of 3,500,000 stock 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. Any shares issued on the exercise of the Options will be subject to a trading hold period of four months from the date of grant. On behalf of the Board of Directors, Kirill Klip Executive Chairman [...]
International Lithium Corp. is pleased to announce that it has received a report prepared by Geos Mining Minerals Consultants of Australia 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 in [...]
International Lithium 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. 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 [...]
International Lithium 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. In [...]
International Lithium is pleased to announce, with strategic partner Pioneer Resources, and further to the Company's news release of April 11, 2017, an update on the Mavis Lake Lithium Project in Ontario, Canada. Drilling at the Mavis Lake Lithium Project conducted in February 2017 under the direction of Pioneer resulted in several key intersections at the Pegmatite 6 Target Area . Key Intersections from the Pegmatite 6 [...]
International Lithium 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 [...]
International Lithium is pleased to announce that it has received a final report, "Proof of Concept Study — Lithium Recovery Using Membrane Separation" prepared by Synexus (Pty) Limited of South Africa. The Study was conducted utilizing raw brine from the Salar de Llullaillaico, location of the Mariana lithium brine joint venture project in Salta, Argentina. Results from the Study indicate that the selective recovery of [...]
International Lithium is pleased to announce, with JV partner Ganfeng Lithium and together the "Companies", an update for the Mariana lithium brine project located in Salta, Argentina. Mariana Lithium JV Update Further to the Company's news release dated April 10, 2017, announcing a maiden resource estimate for the Mariana lithium brine project, the following activities have been ongoing at the project site as the project [...]
International Lithium is pleased to announce that it has closed the final tranche of its previously announced $1,000,000 non-brokered private placement of convertible securities, for proceeds of $475,000. The securities were issued pursuant to a convertible loan bearing interest at the rate of 15% per annum, payable quarterly, with a maturity date of one year from the date of advance. The lenders may convert at any time [...]
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