PEA for the Raleigh Lake Lithium Project Outlines Highly Favourable After-Tax NPV

John Wisbey, Chairman and CEO said: "It is very pleasing for ILC to have delivered its first PEA at Raleigh Lake, ON with highly respectable numbers of CAD$385.1 million pre-tax NPV and 46.5% IRR (post-tax CAD$342.9 million and 44.3% IRR) despite the significant fall in the lithium price this year. This reflects, to a considerable extent, our good access to infrastructure at Raleigh Lake, which more