CEO buying at International Lithium (ILC)

CEO buying at International Lithium (V:ILC)

Updated Friday Feb 08, 2019 02:59 AM EDT
John Michael Wisbey, CEO, Director and 10% Holder, acquired 12,250,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on February 6th, 2019. The insider also acquired 6,125,000 Warrants with an exercise price of $0.100 for two years. This represents a $612,500 investment into the company's shares and an account share holdings change of greater than 100%.

International Lithium is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

International Lithium Corp is a Canada-based exploration company. The Company is a lithium resource developer with a portfolio of lithium assets. The Company operates through the exploration of mineral properties segment. It is in the process of exploring and investing in mineral properties located in Argentina, Canada and Ireland. It focuses on the Mariana lithium-potash brine project, a joint venture with Ganfeng Lithium Co. Ltd. within the South American Lithium Belt that is the host to the lithium resources, reserves and production. Its Mariana project, which is located in Argentina covers an area of approximately 220 square kilometers. Its projects in Canada include Forgan Lithium Project, Mavis-Fairservice Project and Raleigh Lithium Project. The Avalonia Lithium project consists of approximately eight licenses totaling an area of over 290 square kilometers that is centered over 80 kilometers south of Dublin straddling Counties Carlow and Wicklow in southeastern Ireland.


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