Vancouver, British Columbia--(Newsfile Corp. - February 19, 2021) - International Lithium Corp. (TSXV: ILC) (the " 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 placement securities will be restricted from trading for a period of four months plus one day from closing. The Offering is subject to the approval of the TSX Venture Exchange.