John Wisbey Is Pleased To Report: After Granting Himself Options And Convertible Debenture At 8.5 Cents He Can Become The Largest Shareholder Of International Lithium.

Please read our legal disclaimer. There is no tax, legal or investment advice on this blog. Authors are expressing only their personal opinions. Different authors can have different opinions. We have guest writers. We are using open source public information only. We have decided to use our Pen Name in order to protect our sources. We believe in Democracy and Free Speech. Please do not send us any insider information.

It will be very interesting what kind of questions ILC shareholders will be asking "the new management":

International Lithium Announces Convertible Debenture Private Placement

https://internationallithium.com/international-lithium-announces-convertible-debenture-private-placement/

"Vancouver, B.C. March 29, 2018: International Lithium Corp. (the “Company” or “ILC”) (TSX VENTURE: ILC) announces, further to its news release of March 23, 2018, that it will conduct a non-brokered private placement (the “Private Placement”) of a secured convertible debenture (the “Debenture”) in the principal amount of up to CAN $1,180,000 with John Wisbey, Chairman, CEO and a significant shareholder of the Company. The Debenture will mature on June 19, 2019 and bear interest at a rate of 15% per annum, payable quarterly.  The lender may convert at any time, all or a portion of the convertible loan principal into common shares of the Company at a price of CAN $0.085 per common share, being the closing trading price of ILC shares on March 28, 2018. Should Debenture conversion take place more than one year after closing, the conversion price will be CAN $0.10 per common share.

The Debenture will be secured by a general security agreement against the Company’s assets.

Mr. Wisbey currently owns or controls 2,261,000 common shares of the Company, representing 2.39% of the outstanding shares, and securities convertible or exercisable into 6,255,943 common shares.  If all these securities were converted or exercised (and if no others of the same class were converted or exercised) this would represent 8.45% on a diluted basis.  Should the CAN $1,180,000 Debenture and all other securities be converted, Mr. Wisbey would own 22,399,296 shares, representing 19.52% on a diluted basis,  calculated on the basis of  no other securities of the same class being converted. If the new convertible debenture were converted in full,  Mr. Wisbey would become the largest shareholder of the Company."

It looks like "the new management'" has to learn the business they are Taking Over first - before rushing more NRs or "printing cheap shares and options for themselves":

International Lithium Provides Corporate Update

https://www.geologyforinvestors.com/international-lithium-provides-corporate-update/

Question 1 "In total, the Company needs to raise around CAN $5 million of finance in 2018 to meet its commitments to fund Mariana, Avalonia (???) and pay staff and suppliers."

Avalonia was fully funded by Ganfeng Lithium on January 11, 2018.

International Lithium Reports $1 million Budget for the Avalonia Lithium JV, Ireland

"January 11, 2018 The ownership of the Avalonia project is currently 55% GFL and 45% ILC. GFL have an option to earn an additional 24% by either incurring CDN$10 million expenditures on exploration activities or delivering a positive feasibility study on the project, at which time the ownership will be 79% GFL and 21% ILC."

https://internationallithium.com/international-lithium-reports-1-million-budget-avalonia-lithium-jv-ireland/

Question 2 "This week the Company has drawn down around CAN $200,000 of short term financing from John Wisbey out of a total being made available by John Wisbey of CAN $1,180,000. The funds were used to pay and cure a Mariana cash call that was in default, pay an accounting fee to allow completion of the year-end financial statements so that they can be filed on time, and to pay certain other overdue creditors." 

How everything was done with just $200,000? Is Ganfeng suddenly in love with John Wisbey and ILC does not have to pay cash calls in full amounts on time?

Question 3 "The new management needs to address the level of risk that the Company has consequently been placed in, including meeting the need to pay staff and suppliers as well as meet the cash calls on Mariana and other projects."

All "other projects" were funded by JV Partners in January 2018?

International Lithium Announces Completion of Successful Drill Program at Mavis Lake Lithium Project

https://internationallithium.com/international-lithium-announces-completion-successful-drill-program-mavis-lake-lithium-project/

"February 19, 2018

About the Mavis Lake Lithium Project 

The Mavis Lake Project is situated 19 kilometres east of the town of Dryden, Ontario.  The Project is ideally situated in close vicinity to the Trans-Canada highway and railway major transportation arteries linking larger cities such as Thunder Bay, Ontario, to the southeast and Winnipeg, Manitoba, to the west.

The current drill program is wholly funded by Pioneer as part of its earn-in on the Mavis Lake Project (see Company news release dated March 14, 2016).

The Mavis and Raleigh projects are under option to strategic partner Pioneer Resources Limited (ASX: PIO) pursuant to which Pioneer can acquire up to a 51% interest in the projects."

Update: Thank you, we have received more questions for "the new management" of ILC to answer:

More Questions:

4. What else "the new management" has forgotten to report and/or reported "what looks like "materially different" compared to the real statements of facts"? When the NRs are coming to clarify the continuous disclosure for ILC for shareholders? 

5. Has company granted any options at this "what looks like "artificially depressed" share price level"? Who has voted on it? Are they the same directors who are getting these options? Are they conflicted and interested parties? Has "new management" used this created opportunity to "what looks like can be maybe qualified" as "unlawful enrichment"?

6. Is company in default on any of its obligations?

7. Is company in a cross default on any of its obligations?

8. Who has voted and approved Change of Control at ILC?

9. Who has voted and approved this "financing" at such "what seems to be an "artificially depressed" share price level"? Are they the same people who are getting this Convertible Debenture? Are they conflicted and interested parties? Has "new management" used this created opportunity to "what looks like can be maybe qualified" as "unlawful enrichment"?

You can leave us your questions in comments to this post or send them directly.

More questions are coming ...

Powered By Lithium: BMW Bets On Electric Cars In China ILC.v TNR.v LIT

  Now we can see that BMW is following the trend and will make Electric Cars in J/V with Chinese automaker. China is opening its largest auto-market in the world for Electric Cars and pushing the world's major automakers to share their technology in J/V enterprises. All government incentives for Electric Cars in China are applicable only to the EVs produced in China.

International Lithium: Moving Forward With Strategic Partner Ganfeng Lithium ILC.v TNR.v LIT

  
  International Lithium has issued the newsletter covering the latest transactions with its strategic partner Ganfeng Lithium from China.

International Lithium: Ganfeng Lithium Is Halted Pending Major Acquisition ILC.v TNR.v LIT TSLA KNDI

"We are following International Lithium here with its strategic partner from China Ganfeng Lithium. Elon Musk with his Tesla Gigafactory has brought a lot of attention to the Lithium strategic commodity story and Asian companies are coming into the spotlight as well now. LG Chem is talking about building major Lithium battery plant in China and Lithium Materials Industry is getting the green light from the Chinese government in its efforts to curb the horrible pollution.

"Kirill Klip, president of International Lithium (TSXV:ILC), views the announcement of Tesla’s Gigafactory as a “groundbreaking development.”

Tesla “brought attention to what Elon Musk has accomplished,” Klip told Lithium Investing News. “He showed to everyone that electric cars are not toys anymore — they are for real.”

International Lithium's Strategic Partner, Ganfeng Lithium, Takes Large Stake in Mariana and a $10 million Option on the Blackstairs Projects ILC.v TNR.v LIT

  "Mar 19, 2014 (ACCESSWIRE via COMTEX) -- Vancouver, B.C. / ACCESSWIRE / March - 2014 / International Lithium Corp. (the "Company" or "ILC") announces several major transactions with strategic partner GFL International Co., Ltd. ("Ganfeng Lithium" or "GFL")." 

Powered By Lithium: Audi And FAW To Launch A6 E-Tron In China $ILC.v $TNR.v $LIT $RM.v

'AutoBlogGreen reports that Audi is moving into China with its partner FAW to produce Plug-In Hybrids. We are not surprised as all Volkswagen Group is betting on China now in order to stage the come back in the Electric space. What will be the better place than the largest auto-market in the world?"

International Lithium: Moving Forward With Strategic Partner Ganfeng Lithium ILC.v TNR.v LIT

  International Lithium has issued the newsletter covering the latest transactions with its strategic partner Ganfeng Lithium from China.

International Lithium: Ganfeng Lithium Is Halted Pending Major Acquisition ILC.v TNR.v LIT TSLA KNDI

"We are following International Lithium here with its strategic partner from China Ganfeng Lithium. Elon Musk with his Tesla Gigafactory has brought a lot of attention to the Lithium strategic commodity story and Asian companies are coming into the spotlight as well now. LG Chem is talking about building major Lithium battery plant in China and Lithium Materials Industry is getting the green light from the Chinese government in its efforts to curb the horrible pollution.

"Kirill Klip, president of International Lithium (TSXV:ILC), views the announcement of Tesla’s Gigafactory as a “groundbreaking development.”

Tesla “brought attention to what Elon Musk has accomplished,” Klip told Lithium Investing News. “He showed to everyone that electric cars are not toys anymore — they are for real.”

International Lithium's Strategic Partner, Ganfeng Lithium, Takes Large Stake in Mariana and a $10 million Option on the Blackstairs Projects ILC.v TNR.v LIT

  "Mar 19, 2014 (ACCESSWIRE via COMTEX) -- Vancouver, B.C. / ACCESSWIRE / March - 2014 / International Lithium Corp. (the "Company" or "ILC") announces several major transactions with strategic partner GFL International Co., Ltd. ("Ganfeng Lithium" or "GFL")." 

International Lithium Corp Presentation ILC.v TSXV from Kirill Klip

www.internationallithium.com              info@internationallithium.com  WELCOME TO INTERNATIONAL LITHIUM  Although we have no new information to report at this time, we are publishing this Q&A with ILC President, Kirill Klip to address questions we have received pertaining to our latest announcement.   1. What do the latest series of announcements concerning ILC’s strategic partner GFL International mean for the company? Having a partner that has developed technology to process the raw materials that we aim to produce and has an expanding customer base for their finished products gives ILC security in the market and materials processing side of future feasibility studies. It also gives ILC confidence in moving the projects forward as our partner is actively pursuing vertical integration within their business model. It is becoming increasing important for the lithium product manufacturers to control the quality of feed material in their operations. We expect that our relationship with Ganfeng Lithium will only grow from here on in. The announcements are testament of the commitment to drive the next stage of growth with Ganfeng Lithium. ILC has successfully secured the means to advance our joint venture projects and continue the exploration on the Blackstairs, Ireland and Mariana, Argentina projects. Two key agreements have been reached with Ganfeng Lithium: · GFL has pledged to invest US $10M in the Blackstairs project in order to acquire an additional 24% in the property. (for details see the April 04_2014 news release). · The companies entered into a loan conversion and investment agreement on the Mariana Lithium brine project (for details  see the April 04_2014 news release) Ganfeng Lithium recently commissioned a new facility in China adding 500mt/y Li metal to its current 1000mt/y Li production capacity.  The company exports and produces over 20 specialized lithium products for various applications worldwide. This includes Li metal batteries for which GFL has developed a breakthrough technology that shortens the industry standard production process. With working capital now available, we can concentrate our efforts on completing the resource definition and economic assessment on our projects. 2. How does this new project ownership structure benefit ILC? These transactions have allowed us to cancel approximately US $3.3M in loans plus interest indebted to GFL, and most importantly allowed us to maintain shareholder value by advancing our projects without the need for dilutive equity financings at depresse d share prices.  3. What does ILC expect to retain? We expect the terms to be finalized at 49% ILC/ 51% GFL on Blackstairs and 20% ILC/ 80% GFL on Mariana. In addition to securing the means to advance the exploration on the properties we have also aligned ILC with a company that has the capabilities and technologies to extract and process Lithium into a final user-friendly product that is currently in high demand  – in the long run potentially saving us significant additional processing costs and external consulting fees.  4. What are the next steps for the company? ILC and GFL are now in the budget approval process for the Blackstairs exploration program. Furthermore, we are finalizing our Joint Venture Agreement on the Mariana property after which we will begin the planning process for a follow-up exploration program later in the season. About ILC 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. The Company's primary focus is the Mariana lithium-potash brine project in Argentina within the renowned South American 'Lithium Belt' that is host to the vast majority of global lithium resources, reserves and production. The 160 square kilometre Mariana project strategically encompasses an entire mineral rich evaporite basin that ranks as one of the more prospective salars, or 'salt lakes' in the region. Complementing the Company's lithium brine projects are rare metals pegmatite properties in Canada and Ireland that have revealed through recent highly positive results a clear potential that the Company will advance with the support of its strategic partner, Ganfeng Lithium. These projects can add distinct value as the Company strives to source rare metals to help meet the increasing demand through the growth in global technologies that utilize the rare metals suite of elements. With the increasing demand of high tech applications in battery and vehicle propulsion technologies, lithium and other rare metals are no doubt the metals of tomorrow's green tech economy. By positioning itself with solid development partners and projects with significant resource potential, ILC aims to be the green tech resource developer of choice for investors and build value for its shareholders. International Lithium Corp.'s mission is to find, explore and develop projects that have the potential to become world-class lithium, potash and rare metal deposits.

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 document. Statements in this document 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. This document 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. Please Note our Legal Disclaimer on the Blog, including, but Not limited to: There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities. We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way. Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.

Jordan Roy-Byrne: Junior Mining Stocks Have Bottomed GDX, TNR.v, MUX, ILC.v, CZX.v

 Jordan Roy-Byme is presenting his call on the turn around in junior mining stocks. Sentiment in this sector is very low now: everybody hates Gold, Silver and mining shares, but below the radar screens the best stories are getting bids again. Goldcorp bid for Osisko can be that turning point everybody is waiting for. We need further follow through with Gold crossing $1270 and Silver above $21. Then we will have the time when juniors will be jumping 10% -15% a day and people will start to be afraid to miss out the rally. Stocks like McEwen Mining are trading now with 31 million shares being sold short and it will be the fuel for the breaking to the upside.

McEwen Mining And TNR Gold: Report - Argentina Is In The Mood For Change On Investment Policy TNR.v, MUX, LCC.v, SSRI, PAA

  "Argentina mining landscape is changing for the better according to the report by BN Americas. Lumina Copper is trading above CAD 6.00, McEwen Mining is breaking out to the upside and TNR Gold has found some bids as well recently."

Gold M&A Is Back: Goldcorp launches $2.6-billion hostile bid for Osisko Mining GLD, TNR.v, MUX, GDX

"We were missing the very important sign of the bottom in Gold and Silver markets - M&A activity with industry insiders bottom fishing for the distressed assets. Today we have an important development confirming observations of Rick Rule in the market place. Big money are looking for deals now. Rob McEwen's new play McEwen Mining is breaking out to the upside today on some volume with Gold crossing $1250 level."

Rick Rule: Money Are coming Into Gold And Silver Now

"Rick Rules discusses the recent bear market in Gold and what is going to happen in the beginning of the new bull phase. Money are coming into the resource sector again. It is the very big money, which are circling this sector now. Who are the investors? You can guess - they are mostly from Asia - China and Korea, new type of long term investors. There are a lot of opportunities in the market now - we have learned from our previous experience and the valuations are very appealing now for the right plays."

Kitco:

Junior Mining Stocks Have Bottomed

Thursday January 16, 2014 14:13

There is no need to beat around the bush. Junior mining stocks have bottomed. The bear market is over. Sure we could be wrong. We’ve been wrong before and will be again. However, the evidence is too compelling and is growing by the day. 

The TSX Venture (CDNX) is the market for juniors in Canada. The market consists of exploration companies focused on precious metals and other minerals, energy companies and some technology companies. It’s not a perfect indicator for the junior mining industry but it’s good enough for the experts. On Thursday the CDNX closed at a nine month high. No, that is not a misprint. The junior market reached a nine month high. It bottomed in late June, made a higher low in December and has surged 10% since. 

For an American, GDXJ is the proxy for junior gold stocks or junior miners. I like to think of GDXJ as the “senior” or established juniors. The CDNX consists of many stocks trading under $1 and a $100M market cap while GDXJ is mostly comprised of companies in the $100M to $500M market cap range.

GDXJ declined 81% from its April 2011 peak to its December 2013 bottom. As we noted several weeks ago, GDXJ tried to penetrate its December low three times and failed. The market has since rallied back above the previous (June) low. Given the severity of the bear in terms of price and time, extreme negative sentiment and recent bullish price action I believe it is highly likely that the bottom is in.        

Our frame of reference for the bear, the gold stock bear analogs chart continues to suggest that the bear market in senior gold stocks is all but over. 

The juniors (both CDNX and GDXJ) peaked in April or five months before the senior gold producers. Hence, it makes sense that the juniors would bottom first. The assertion from the analogs chart (that the seniors may have bottomed or are very close) gives us further confidence that the juniors have bottomed. 

Most of the stocks that we follow bottomed in June. The following chart, which was sent to premium subscribers is an equal weighted index of 15 of our favorite gold and silver stocks. The index bottomed in late June 2013 and made a strong higher low in December. It would have to decline 26% to test the June low.   

Extreme bearish sentiment, compelling valuations and an extreme oversold condition can create a compelling contrarian opportunity. However, that opportunity can remain far fetched without some positive price action. We now have the positive price action that allows us to call a bottom in the mining stocks and strongly so in the junior gold stocks. The CDNX looks to have made a real double bottom and closed at a nine month high. GDXJ reversed course after failing to continue a breakdown when the time was ripe. Moreover, as evidenced by our top 15 index, the stronger and higher quality companies are showing leadership. The risk has shifted from getting caught in a final plunge to missing out on the rebound.  If you’d be interested in learning about the companies poised to rocket out of this bottom then we invite you to learn more about our service.

Good Luck!

Jordan Roy-Byrne, CMT
Jordan@TheDailyGold.com
TheDailyGold"

Ganfeng Lithium Co. Ltd. Advances Partnership with International Lithium Corp. on the Blackstairs Lithium Project, Ireland ILC.v, TNR.v

Ganfeng Lithium Co. Ltd. Exercises Option On International Lithium Corp.'s Blackstairs Lithium Project, Ireland ILC.v, TNR.v

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

ILC Facebook with pictures from Ganfeng Lithium visit to Ireland.

International Lithium Presentation.

Ganfeng Lithium Co. Ltd. Advances Partnership with International Lithium Corp. on the Blackstairs Lithium Project, Ireland

Vancouver B.C. December 6, 2013: International Lithium Corp. ("ILC" or the "Company") (ILC: TSX-V) is pleased to announce that pursuant to the option agreement between the Company and GFL International Co., Ltd. ("Ganfeng Lithium" or "GFL") the prospecting licenses for the Blackstairs Lithium Project were transferred to a private Irish Company, Blackstairs Lithium Limited ("BLL"), to facilitate the execution of the option agreement between ILC and Ganfeng Lithium and prepare for a joint venture partnership to advance the project.

On November 28, 2013 the Company received notice from the Department of Communications, Energy and Natural Resources located in Dublin, Ireland that the prospecting licenses that comprise the Blackstairs Lithium Project were successfully transferred to BLL. 

Under the terms of the option agreement between the two Parties (the "Blackstairs Agreement") the formation of an Irish subsidiary was necessary to facilitate the advancement of the project as a joint venture between the two parties (NR_Oct02_2012). GFL will complete its obligations to acquire a 51% interest in the Blackstairs Lithium Project and enter into a joint venture partnership under the Second Option of the Blackstairs Agreement whereby GFL can earn an additional 24% interest for a total 75% interest in the project by incurring $10 million in expenditures on the Blackstairs Property or producing a positive feasibility study on the Property within ten years of the effective date.

"With the formation of Blackstairs Lithium Limited we achieve a very important milestone with our strategic partner Ganfeng Lithium who are currently building additional production facilities to accommodate their aggressive expansion campaign. Securing a stable supply of raw materials containing lithium is a strategic issue as the demand for electric vehicles increases globally. International Lithium is well positioned to address this need. We have strong support to develop our project through our continuing joint venture with Ganfeng Lithium which will help to advance the exploration in Ireland in a timely manner," Kirill Klip, President, International Lithium Corp.

About GFL International Co., Ltd.

GFL International Co., Ltd. is a subsidiary of Ganfeng Lithium Co., Ltd. It is based in Xinyu, Jiangxi Province, China and is a professional producer of lithium products with a comprehensive product chain, including lithium metal and alloys, inorganic and organic lithium chemicals, and supplies a wide range of lithium products for primary and secondary lithium battery markets, pharmaceutical and new material industries. Ganfeng Lithium's principal market is in China with international exports to Europe, Japan, the USA and India. Ganfeng Lithium was founded in the 2000 and listed on the Shenzhen Stock Exchange in August 2010, notably as the first publicly listed lithium Company in China and has experienced rapid continuous growth over the last 12 years.

Blackstairs Project

The Blackstairs project, comprised of eight mineral exploration licenses totalling 292 square kilometres, is located 65 to 100 km south of Dublin straddling the Counties of Carlow and Wicklow in Leinster, southeast Ireland. The Property encompasses an extensive NE-SW oriented 30 to 50 kilometre long rare metals pegmatite belt situated within the East Carlow Deformation Zone along the eastern side of the Leinster Granite. Approximately 19 significant lithium pegmatite occurrences have been discovered within the Property to date, primarily through boulder mapping with five buried pegmatites known through past trenching and drilling.

The Company has conducted preliminary testing on only two of the six main prospects located along the 35 kilometre lithium pegmatite belt (NR_June25_2013).

Key Highlights:

• Pegmatite intersected at Aclare containing 2.23% Li2O over 23.3m including 3.43% Li2O over 6.0m drill width (true thickness is yet unknown).
• Multiple pegmatite dyke intersections and 1.50% Li2O over 5.60m at Moylisha are consistent with historical results and confirm the prospectivity of the area.
• Step out drilling, 500m south of historical work at Moylisha, intersected lithium and other rare element mineralization within multiple, closely spaced, parallel pegmatites.

John Harrop, PGeo, FGS, and Vice President, Exploration of the Company is a "Qualified Person" as defined under NI 43-101 has reviewed and approved the technical content of this news release.

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 Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer.

The Company's primary focus is the Mariana lithium-potash brine project, within the renowned South American "Lithium Belt" that is the host to the vast majority of global lithium resources, reserves and production. The 160 square kilometre Mariana project strategically encompasses an entire mineral rich evaporate basin that ranks as one of the more prospective salars or 'salt lakes" in the region.

Complementing the Company's lithium brine project are rare metals pegmatite properties in Canada and Ireland. These projects reported highly encouraging lithium mineralization in drill holes targeting pegmatites that are unexposed at surface (news releases dated April 3,2013 and June 25, 2013).

With the increasing demand for high tech rechargeable batteries used in vehicle propulsion technologies and portable electronics, lithium is paramount to tomorrow's "green-tech" economy. By positioning itself with solid development partners and acquiring high quality grass roots projects at an early stage of exploration, ILC aims to be the green tech resource explorer of choice for investors and build value for its shareholders.

On behalf of the Board of Directors,

Kirill Klip
President, International Lithium Corp.

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. 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."

Please Note our Legal Disclaimer on the Blog, including, but Not limited to:

There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.