Business
International Lithium Corp. Appoints Corporate Secretary and Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2021) - International Lithium Corp....
About this update from Ilc Critical Minerals Limited
[{"type":"text","content":"International Lithium Corp. Appoints Corporate Secretary and Grants Stock OptionsVancouver, British Columbia--(Newsfile Corp. - November 4, 2021) - International Lithium Corp. (TSXV: ILC) (the \"Company\" or \"ILC\") announces that pursuant to the Company's stock option plan and the policies of the TSX Venture Exchange, it has granted 6,955,000 stock options (the \"Options\") to directors and officers of the Company. The Options are exercisable at $0.12 per common share until November 4, 2026. The Options vest one year from the date of grant. This brings the number of outstanding options to 16,680,000, representing a total of 7.09% of the Company's outstanding shares.Appointment of Corporate SecretaryAt the same time the board is pleased to announce that Muhammad Memon has been appointed Corporate Secretary of the Company. Muhammad is a member of the Chartered Professional Accountants of Canada and a fellow of the Association of Chartered Certified Accountants, United Kingdom. He has over 10 years of experience in managing finance and compliance functions of public companies in various sectors including mining, investment management, real estate, and technology. About International Lithium Corp.International Lithium Corp. believes that the '20s will be the decade of battery metals, at a time that the world faces a significant turning point in the energy market's dependence on oil and gas and in the governmental and public view of climate change. Our key mission in this decade is to make money for our shareholders from lithium and rare metals while at the same time helping to create a greener, cleaner planet. This includes optimizing the value of our existing projects in Canada and Ireland as well as finding, exploring and developing projects that have the potential to become world class lithium and rare metal deposits. In addition, we have seen the clear and growing wish by the USA and Canada to safeguard their supplies of critical battery metals, and our Canadian Raleigh Lake property is strategic in that respect. A key goal has been to become a well funded company to turn our aspirations into reality, and following the disposal of the Mariana project in Argentina in 2021, the Board of the Company believe that ILC is already well placed in that respect. The disposal of Mavis Lake, assuming the option is exercised as planned, wi...