Off-market insider buying at International Lithium (ILC)

Off-market insider buying at International Lithium (V:ILC)

Updated Monday Feb 08, 2021 05:20 AM EDT
Peter Kucak, a 10% Holder, acquired 7,272,727 Common Shares on a direct ownership basis at a price of $0.055 through a prospectus or prospectus exempt offering on February 4th, 2021. The insider also acquired 3,636,363 Warrants with an exercise price of $0.080 until February 29, 2024. This represents a $400,000 investment into the company's shares and an account share holdings change of 38.0%.

Two other insiders also participated in smaller amounts. 

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: Feb 08, 2021


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