Monday, August 19, 2013

Powered By Lithium: Renault Nissan Sells Its 100,000th Electric Car LIT, RM.v, ILC.v, TNR.v

  Electric Cars are not toys any more and they are here to stay. Tesla is beating up Mercedes, BMW and Audi in the luxury sector sales in U.S. this year and Nissan puts more and more electric cars on the roads.
  After initial surge in 2009 of everything related to Lithium the market has cooled off and now there is another interesting opportunity to step up and pick up the best players in the supply chain of strategic commodities for electric revolution.
  Chinese and Japanese companies are in the front row of this new trend and accumulating the stakes in lithium developers with valuable projects in the pipeline.

Will Tesla Model S Bring The Life Back To Lithium Miners?

"For us here the only question left is when. We are following Lithium story for years and have our own ups and downs with the sector. Tesla Model S has taken the question about the viability of electric cars out of the market equation now - they are here to stay. 
  Now the only time is required for general public to realise that shale oil is the dead end and find out why China and Japan are securing the Lithium supply now. Way Of The Future came out with the great article putting Lithium Big Picture together."

International Lithium Corp., President's Update ILC.v, TNR.v

Update August 17th, 2013

International Lithium Corp., President's Update

Vancouver B.C., 8-8-2013: International Lithium Corp. ("ILC" or the "Company") (ILC: TSX-V) I am pleased to provide a corporate update and summary of the Company's activities for our shareholders. International Lithium Corp. continues to advance its core exploration projects by securing the land tenure at the Mariana brine project in Argentina and working towards monetizing the Blackstairs pegmatite project in Ireland. We have avoided equity financings at low share prices and instead built up our allegiance with strategic partner Ganfeng Lithium Co. Ltd.

  • Total number of fully diluted shares is reduced from 151,964,995 to 83,958,046.
  • Strategic Partner, Ganfeng Lithium Co. Ltd. ("GFL" or "Ganfeng Lithium") delivers advanced payment of $250,000 for Blackstairs options
  • Ganfeng Lithium provide loan of $1,199,000 to secure the second option payment for the Mariana project option with the original vendors. GFL enter into an agreement to acquire up to 51% of the Mariana project by making an additional payment of $1,090,000 totaling $2,289,000 to secure the full rights to the Mariana project from the original vendors
  • Successful exploration programs carried out at the Blackstairs, Ireland and Mavis Lake, Ontario lithium pegmatite projects."

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