Prime Equity Research, LLC Initiates Research Coverage on International Lithium Corp. ILC.v, TNR.v

International Lithium Corp Initiation Report

International Lithium Corp.- Global Portfolio of Lithium Assets ILC.v, TNR.v

International Lithium Year End Summary - President's Update ILC.v, TNR.v

"International Lithium has demonstrated very impressive exploration success this year, our team is extremely pleased with the advance of our projects to date,  resultantly I would like to provide a more comprehensive update to our shareholders" - Kirill Klip, President of ILC.

MILESTONES:

• Extensive 78 meter Mineralized Pegmatite with Extensive Lithium and Tantalum Zonation at Mavis Lake - Fairservice Lithium and Rare Metals Project, Ontario, Canada
• High-Grade Lithium Boulder Field Discovery Significantly Extends Moylisha - Blackstairs Project, Ireland
• Discovered Extensive Sand Layers Hosting Lithium - Boron and Highest Potash Grades in an Argentine Salar, - Mariana Brine Project, Argentina
• Strengthened Strategic Partnership with Ganfeng Lithium"

Nasdaq:

Source: Prime Equity Research, LLC Date: June 18, 2012 13:35 ET

Prime Equity Research, LLC Initiates Research Coverage on International Lithium Corp.

NEW YORK, June 18, 2012 (GLOBE NEWSWIRE) -- Steve Wilder, CFA and Analyst with New York based Independent Research firm Prime Equity Research, LLC, has Initiated research coverage on International Lithium Corp (ILC.V). The 18 page report details information on the company's business, opportunities and potential. For free access to the report and information on Prime Equity Research, LLC please visit the company's website. Interested parties may obtain the report at www.primeequityresearch.com. Prime Equity Research advises investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. Prime Equity Research further advises that any analyst rating, target valuation, price target or opinion should be considered merely a portion of an investor's total investigative process. About International Lithium Corp. International Lithium Corp. is an exploration company with an outstanding portfolio of projects, strong management ownership, robust financial support and a strategic partner and keystone investor Jiangxi Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer. Additional information concerning International Lithium Corp. projects can be found on the company's website at www.internationallithium.com About Prime Equity Research Prime Equity Research was founded and is managed by a team that has been actively involved in the research and finance industry for over 20 years -- dating back to the origins of corporate-sponsored research. Our business is rooted in principles of integrity and fundamentals-driven markets. Our seasoned pool of equity securities analysts have extensive securities market research experience, and are highly qualified and credentialed CFA (Chartered Financial Analyst) charterholders or MBAs. The research we provide is as comprehensive, and unbiased as any on the market. Furthermore, we create strategic partnerships with companies and firms around the world to gain unprecedented domestic and international following of our coverages. Our reports and ratings are used by both institutional and individual investors to obtain accurate, independently-compiled securities data and takes steps to ensure the independence and integrity of published research that exceed those of the CFA Institute Code of Ethics and Standards of Professional Conduct and the CFA-NIRI Guidelines, by following the exacting "Standards for Independent Research Providers", which are also in accordance with guidance set forth by U.S. Securities and Exchange Commission's Advisory Committee on Smaller Public Companies. Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "optimizing," "potential," "anticipate," "goal," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in International Lithium Corp. filings with the Securities and Exchange Commission. The company notes that the numbers contained in this release are unaudited, and are made in good faith and based on all the financial information available to the company today. Further, past financial business, operations and stock performance are not necessarily indicative of the company's future performance. The opinions expressed in the research report are the analyst's personal views about the company. Definitions of ratings are available to the public and to the analysts. No rating is to be issued that is labeled a recommendation. No analyst may recommend the purchase or the sale of any equity.. The analyst is responsible only to the public and this report is not a service to the company. The report is for information purposes and is not intended as an offering or a solicitation to buy or sell the securities mentioned above. Neither the analyst nor Prime Equity Research owns any equity or debt securities in the analyzed company. Analysts are independent contractors and not employed by Prime Equity Research. The analyst is paid in advance to ensure independent and objective opinions are rendered without conflict. International Lithium Corp.. paid Prime Equity Research $12,500 for independent equity coverage. The following is from the Final Report of the SEC Advisory Committee on Smaller Public Companies, adopted February 21, 2006: www.sec.gov/info/smallbus/acspc/acspc-finalreport.pdf "In order to address the need for more independent research for smaller public companies, [the U.S. Securities and Exchange Advisory Committee on Smaller Public Companies recommends] that the Commission: "Maintain policies that allow company-sponsored research to occur with full disclosure by the research provider as to the nature of the relationship with the company being covered. "Entities providing such research should disclose and adhere to a set of ethical standards* that ensure quality and transparency and minimize conflicts of interest." Contact: Prime Equity Research,LLC Robert Wasserman 80 Broad St. 5th Floor New York, NY 10004 888-285-9932 info@primeequityresearch.com"

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