International Lithium Corp.: International Lithium Announces $2,000,000 Private Placement
Company or
Offering ) of up to 18,181,818 units (
Unit ) 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 whole warrant, a
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 Offering follows the success of the recent $3,000,000 private placement that was oversubscribed. Those applying for the previous private placement who were unable to participate or were scaled down will be given preference in allocation. The proceeds of the Offering will be used for general and administrative expenses, for the next stage of drilling at the Company s Raleigh Lake Project, for the Company s Mariana project and to further strengthen the Company s balance sheet. All private
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International Lithium Corp.: International Lithium Closes Final Tranche of $3,000,000 Oversubscribed Private Placement
ILC) (the
Company or
ILC ) is pleased to announce that it has closed the second and final tranche of its CAD $3,000,000 non-brokered private placement (the
Private Placement ) of units (
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 of $1,617,182. Each Unit is 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 an exercise price of $0.08 per common share.
Vancouver, British Columbia (Newsfile Corp. - February 9, 2021) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces, further to its news release of January 6 concerning convertible
Vancouver, British Columbia (Newsfile Corp. - February 9, 2021) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that it will increase its non-brokered private