"International Lithium Corp. ("ILC") a "Clean Tech" lithium resource developer with a global portfolio of lithium assets. It is 29% owned by TNR Gold Corp (TNR:TSX).
International Lithium Corp. ("ILC") currently holds highly prospective projects in the most prolific areas of the world for lithium and rare metals. ILC has recently secured a strategic investor, Jiangxi Ganfeng Lithium Co Ltd, from China, with focus on advancing the core ILC projects.
- TNR Gold Corp. has successfully spun-off ILC as a separate publicly traded entity to maximize TNR shareholder value. ILC will focus on developing Lithium & Rare Metals prospect worldwide while TNR continues to generate early staged assets and co-developing them with JV partners.
- The Record Date has been set as of May 16, 2011 and the spinoff has successfully closed.ILC is now trading independent of TNR Gold under the symbol "ILC" on the TSX Venture."