Sunday, July 24, 2011

Lithium Investments: International Lithium Closes $1 mln Private Placement ilc.v, tnr.v, czx.v, cgp.v,, lmr.v, rm.v,,,, jnn.v, abn.v, ura.v, mxr.v, tsla, res, mcp,, quc.v, cee.v, sqm, fmc, roc, li.v, wlc.v, clq.v, lit, nsany, byddf, gm, dai,, hev, aone, vlnc


  Now it is getting really interesting with this newly-listed Lithium Development play from Canada. The stock is trading at 0.21CAD and company has secured another investor at 0.275CAD price level. It is not hard dollars and Flow Through financing assume the premium to the market price, but serious investors, including Chinese Ganfeng Lithium, are buying the tickets to join the show with this junior Lithium play with projects in Argentina, Nevada, Canada and Ireland. 
  Now we can expect serious advance on the company's projects and first drill programs on Canadian projects in addition to the announced program on Mariana Lithium and Potash project in Argentina.
   David Talbot from Dundee Securities is pushing now his ideas about Lithium  investments in the recent couple of articles and names Rodinia Lithium with its 1.0CAD price target in the space. We are following this lithium junior here as well and it is trading now in 0.35CAD range, just coming up from the recent low. We are using Rodinia Lithium as a potential benchmark for the International Lithium development and David's recommendation and outlook for the Lithium investment landscape   can suggest that the future of both companies can enjoy an increasing interest from the investors.

Lithium is becoming an increasing vital element that will be essential in the development of sustainable technologies to curb global warming emissions,” noted Wang Xiaoshen, General Manager of Ganfeng Lithium. “We look forward to having additional Lithium supply source in the future from ILC to meet our growing demand for Lithium element.”

  "It is very interesting timing for the International Lithium, stock is trading at 0.22CAD and somebody else is taking the position at 0.275CAD. It is a Flow-Through - which is supposed to be done at the premium to the hard dollars, but it is nice to see this premium to the market price and recent IPO pricing at 0.25CAD. Serious investors must like the story and do not afraid of recent general market hesitation after the last two weeks gains. If somebody seriously considering the U.S. to Default or Italy sink into the Mediterranean - it will be another story. In all other cases the Debt problem will be resolved by the old and tested means of QE or money printing in the old school. Oil, Gold, Silver, Copper can not be printed as Lithium and Rare Earths. The smaller the market - the more powerful fireworks we are going to see down the road.
  Financing should be closed before anybody will get too excited, but it is a very good indication that the company is going to be aggressive with its Rare Metals projects in Canada this summer as it is discussed in the recent corporate update:

"Inaugural International Lithium Corp. President's Message; Argentina and Canada Projects Update. Our Top Pick in Lithium and Rare Metals sector is getting on the strong footing and is going to hit with drills the grounds in Argentina and Canada with the exploration programmes this summer. Company is moving very fast forward and just after its IPO in May has already build the camp, drilling pads and roads on its Mariana Brine project in Argentina. It looks like everything is ready for the drilling campaign just after the winter in Argentina."

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International Lithium Corp. 


International Lithium Corp. 
July 22, 2011 20:51 ET

International Lithium Closes $1,000,000 Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 22, 2011) - International Lithium Corp. (TSX VENTURE:ILC)(TSX VENTURE:ILC.WT)(PINK SHEETS:ILHMF) (the "Company") is pleased to announce that it has closed the brokered private placement to raise up to $1,000,000 announced on July 11, 2011.
The Company issued 3,636,363 flow-through units (the "FT Units") at a price of $0.275 per FT Unit. Each FT Unit consists of one flow-through common share and one-half of one transferable common share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one additional non flow-through common share of the Company for a period of 24 months from the closing date of the private placement at an exercise price of $0.40 per share.
A Finder was paid a cash finder's fee equal to 6% of the proceeds of the private placement. In addition, they received 290,909 non flow-through common share purchase warrants being 8% of the number of FT Units subscribed for (each a "Finder's Warrant"). Each Finder's Warrant entitles the Finder to purchase an additional non flow-through common share of the Company at a price of $0.40 per share for a period of 24 months from the closing. All of the securities issued under the private placement are subject to hold periods expiring on November 22, 2011.
International Lithium Corp. is an international rare element metals ("REM") mineral exploration company with an outstanding portfolio of projects, strong management ownership, robust financial support and a prominent lithium product manufacturer as a keystone investor.
ILC currently has 9 active REM projects, well balanced between lithium brines in Argentina and Nevada and hard-rock pegmatites in Canada and Ireland. The Company's primary focus is the Mariana lithium brine project, a salar or 'salt lake', covering an expansive 160 square kilometres and strategically encompassing the entire basin. Mariana is located in the renowned South American 'Lithium Belt' centred on the junction of Argentina, Bolivia and Chile that is host to the vast majority of global lithium resources, reserves and production. The Mariana lithium brine project ranks as one of the more prospective salars in the region.
Complementing the Company's lithium brine projects are the REM pegmatite properties. The key characteristics shared by the hard-rock REM projects are their limited past exploration, excellent accessibility, limited assaying for rare metals, clear potential for additional exploration to add project value and development potential to meet the global technological growth in demand for the REM suite of elements.
International Lithium Corp.'s mandate is to increase shareholder value through aggressive advancement of its core projects and to source joint venture partners to expand the scope and diversify risk of its exploration effort.
On behalf of the Board,
Mike Sieb, President – International Lithium Corp.
Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Shares CUSIP: #459820 10 6
Warrant CUSIP: #459820 11 4
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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