International Lithium to Receive CAD$2.2m plus a 2% Net Smelter Royalty Following Reduction of Interest in Its Non-Core Avalonia Project

posted Sep 17, 2024 9:00am  by  International Lithium Corp.
John Wisbey, Chairman and CEO, commented: "We are pleased to have concluded this transaction, strengthening our balance sheet and enabling the Board to focus on its other operations. We had for some time regarded our stake in Avalonia as a non-strategic asset, the more so as it would have reduced to 21% with further expenditure by our partner Ganfeng, and the project still requires ...read more