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 [...]
International Lithium Corp. is pleased to announce that it has closed the first tranche of its non-brokered private placement of units announced on July 15, 2021. On closing, the Company issued 8,966,667 Units at CAD $0.06 per Unit for proceeds of CAD $538,000. Each Unit is comprised of one common share and one-half of one share purchase warrant . Each Warrant entitles the holder to acquire one additional common share at [...]
International Lithium Corp. is pleased to announce a non-brokered private placement of up to 16,666,667 units at CAD $0.06 per Unit to raise gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share and one-half of one share purchase warrant . Each Warrant will entitle the holder to acquire one additional common share at an exercise price of CAD $0.08 per common share until June 30, 2024 [...]
International Lithium Corp. announces that the original news release captioned "International Lithium Announces Measured + Indicated Resource of 6.85 Million Tonnes LCE at Mariana Lithium Brine Project" published on July 8, 2020 contained a typographical error in the table illustrating the updated resource estimate. Column one of the table contained the heading "Brine Volume* " which should read "Aquifer Volume " Column [...]
International Lithium Corp. is pleased to announce an update on its Mariana project in Argentina. As at December 31, 2020 the Company owned 11.243% of the joint venture company owning Mariana called Litio Minera Argentina , and this stake has since then diluted to around 10%, a number which is subject to audit. The Company currently enjoys a back in right to increase its stake in LMA by a further 10%. If exercised, this [...]
International Lithium Corp. is pleased to announce that assay results have been received for the maiden diamond drilling program at the Raleigh Lake Lithium project near Ignace. The Company is highly encouraged by the results to date in Zone 1 of the Raleigh Lake claim grouping, and especially by the consistent and highly anomalous quantities of rubidium and caesium encountered in the first round of drilling. The chemical [...]
International Lithium Corp. is pleased to announce that the Company has completed a maiden diamond drilling program on the Raleigh Lake Lithium project near Ignace. A total of 1,504 metres of NQ core drilling were completed in eight holes to test the continuity of spodumene bearing pegmatites and their associated lithium, tantalum and cesium mineralization down dip and along strike from outcrop and previous operators [...]
International Lithium Corp. is pleased to announce a non-brokered private placement of up to 18,181,818 units at CAD $0.11 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 Warrant will entitle the holder to acquire one additional common share at an exercise price of CAD $0.165 per common share until March 31, 2024. This [...]
International Lithium Corp. is pleased to announce that it has closed the second and final tranche of its CAD $3,000,000 non-brokered private placement of units announced on January 26, 2021 and February 9, 2021. The Private Placement was oversubscribed and the Company was unable to accept several further significant expressions of interest, On closing, the Company issued 29,403,309 Units at $0.055 per Unit for proceeds [...]
International Lithium Corp. announces, further to its news release of January 6 concerning convertible debenture amendments, that it intends to replace the securities by completing a private placement of convertible debentures to raise up to $717,500. Each Debenture will be convertible at CAN $0.05 per common share until September 30, 2020 and bear interest at 15% per annum. The private placement is subject to approval of [...]
International Lithium Corp. is pleased to announce that it will increase its non-brokered private placement financing previously announced on January 26, 2021. The increased private placement will consist of up to 54,545,455 units at CAN $0.055 per Unit to raise increased gross proceeds from CAN $2,000,000 to up to CAN $3,000,000. Each Unit is comprised of one common share and one-half of one share purchase warrant , with [...]
