International Lithium Corp.: International Lithium Announces Close of Private Placement and Loan Restructure Company" or " Private Placement") of units (" Units") announced on January 6, 2021, for proceeds of $185,788. On closing, the Company issued 3,715,750 Units. Each Unit is comprised of one common share and one-half of a share purchase warrant (each whole warrant being a " Warrant"), with each Warrant exercisable into one common share until December 31, 2023 at an exercise price of $0.075 per common share. The proceeds of the private placement will be used for general and administrative expenses, and working capital. All private placement securities will be restricted from trading for a period of four months plus one day from closing.