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CEO and Director buying at International Lithium (ILC)

CEO and Director buying at International Lithium (V:ILC)

Updated Monday Jan 29, 2018 03:42 AM EDT
Kirill Klip, CEO, Director and 10% Holder, acquired 500,000 Common Shares on a direct ownership basis at a price of $0.200 through a prospectus or prospectus exempt offering on January 25th, 2018. The insider also acquired 250,000 Warrants with an exercise price of $0.30 for 24 months. This represents a $100,000 investment into the company's shares and an account share holdings change of 12.7%.

On the same terms, John Michael Wisbey, a Director, acquired 300,000 Common Shares and 150,000 Warrants on a direct ownership basis . This represents a $60,000 investment into the company's shares and an account share holdings change of 15.3%.

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.

Headlines: Jan 29, 2018


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