Business
International Lithium Reports Results of 2023 Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2023) - International Lithium Corp. (TSXV...
About this update from Ilc Critical Minerals Limited
[{"type":"text","content":"International Lithium Reports Results of 2023 Annual General MeetingVancouver, British Columbia--(Newsfile Corp. - July 12, 2023) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the \"Company\" or \"ILC\") is pleased to announce that all resolutions proposed at the Company's annual general and special meeting of shareholders held on July 11, 2023 were passed. All agenda items outlined in the information circular for the meeting were approved and all director nominees were elected, with over 99% of votes cast in favour of all the motions. The directors elected for the ensuing year were: John Wisbey, Maurice Brooks, Anthony Kovacs, Ross Thompson, and Geoffrey Baker.About International Lithium Corp.International Lithium Corp. believes 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. In addition, we have seen the clear and increasingly urgent wish by the USA and Canada to safeguard their supplies of critical battery metals and to become more self-sufficient. Our Canadian projects are strategic in that respect.Our key mission in the next 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 and less polluted cities. 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. We have announced separately that we regard Zimbabwe as an important strategic target market for ILC, and we hope to be able to make announcements over the next few weeks and months.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 and the Mavis Lake project in Canada in January 2022, the Board of the Company considers that ILC is now well placed in that respect with a strong net cash position. The Company's interests in various projects now consists of the following, and in addition the Company continues to seek other opportunities:NameLocationArea (Hectares)CurrentOwnership PercentageFuture Ownership percentage if options exercised or work carried outOperator or JV PartnerRaleigh LakeOnta...