International Lithium Corp. is pleased to announce that it will receive AUD$750,000 as payment for a milestone reached on the Mavis Lake lithium project.Further to Company news release dated.
Vancouver, British Columbia (Newsfile Corp. - July 11, 2023) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC").
The sharp drop in lithium prices since late last year has driven major mining companies to rush to acquire companies with early-stage or pre-production lithium projects.
Tianqi Lithium Energy Australia Pty Ltd (TLEA), the 2021 lithium joint venture entity owned by Tianqi Lithium Corporation (TLC) (51%) and IGO (49%), has entered into an agreement to acquire 100% of Essential Metals Limited for A$0.50/share, payable in cash. The transaction represents a 36.3% premium to ESS’s 30-day VWAP.