International Lithium Corp. Appoints CFO and Adds to Management Team
International Lithium Corp. Appoints CFO and Adds to
Management Team
Vancouver, B.C. February 22, 2017: International Lithium Corp. (the “ Company ” or
“ILC ”) (TSX VENTURE: ILC.V) is pleased to announce the appointment of Patricia Fong
as Chief Financial Officer and further additions to the Company’s management team.
Patricia Fong, CPA, CMA, brings over twenty years e xperience working with public
companies in the resource sector. For eleven years, she held the role of Controller for
the Lundin Group of Companies and since 2009, she h as served as Chief Financial
Officer and Corporate Secretary for several public resource companies. Ms. Fong is
also fluent in Mandarin and Cantonese which will be an appreciable asset to the
Company.
Ms. Fong replaces Maurice Brooks who had taken on t he role of Chief Financial Officer
on an interim basis earlier this year (Company news release, January 25, 2017). Mr.
Brooks, recently appointed to the board of director s of ILC (Company news release,
February 16, 2016), will remain a special advisor t o the Company in the capacity of
strategic risk management and internal audit.
The Company is also pleased to announce that Nancy La Couv ée has joined the
management team to assist in all aspects of corporate development, including corporate
compliance, administration and shareholder communic ations. Ms. La Couv ée has over
twenty years of experience acting as Corporate Secr etary of a number of public and
private internationally focused companies.
The Company also welcomes Afzaal Pirzada, M.Sc., P. Geo., as a consultant to the
Company. Mr. Pirzada is a Professional Geoscientist with over thirty years of
experience in mineral exploration and mining with s pecific expertise in raw materials
such as lithium, rare earth elements, graphite, PGE and uranium, that are required for
today’s high tech energy industries. He was previou sly President, CEO and Director of
Rock Tech Lithium and is registered as a Profession al Geoscientist with the Association
of Professional Engineers and Geoscientists of Brit ish Columbia. Mr. Pirzada is a
Qualified Person as defined by NI 43-101. He joins ILC as a Chief Technical Consultant
and will act as the Company’s Qualified Person as required.
“I welcome each of our new team members and am conf ident that their high level of
professional experience will help to move ILC forwa rd with its new business strategy,
488 -625 Howe Street
Vancouver, British Columbia
V6C 2T6, Canada
T: 604.687.7551
TF: 1.800-667.4470
www.internationallithium.com
creating value for our shareholders while maintaining the highest standards of corporate
responsibility." Kirill Klip, Chairman, President and CEO of International Lithium Corp.
John Harrop has resigned from his position as Vice President Exploration. The
Company would like to thank Mr. Harrop for his many years of service and his technical
guidance in helping to build the Company’s current portfolio of projects.
About International Lithium Corp.
International Lithium Corp. is an exploration compa ny with an outstanding portfolio of
projects, strong management, robust financial suppo rt, and a strategic partner and
keystone investor Ganfeng Lithium Co. Ltd., a leadi ng China based lithium product
manufacturer.
The Company’s primary focus is the stratetegic stak e in the Mariana lithium-potash
brine project (including 10% back-in right), a join t venture with Ganfeng Lithium Co. Ltd.
within the renowned South American “Lithium Belt” that is the host to the vast majority
of global lithium resources, reserves and productio n. The Mariana project strategically
encompasses an entire mineral rich evaporate basin, totalling 160 square kilometres,
that ranks as one of the more prospective salars or ‘salt lakes’ in the region.
Complementing the Company’s lithium brine project a re three rare metals pegmatite
properties in Canada known as the Mavis, Raleigh, a nd Forgan projects, and the
Avalonia project in Ireland, which encompasses an e xtensive 50km-long pegmatite
belt. The Avalonia project is under option to stra tegic partner Ganfeng Lithium and the
Mavis and Raleigh projects with strategic partner P ioneer Resources Limited
(ASX:PIO). The Mavis, Raleigh and Forgan projects t ogether form the basis of the
Company’s newly created Upper Canada Lithium Pool designated to focus on acquiring
numerous prospects with previously reported high co ncentrations of lithium in close
proximity to existing infrastructure.
With the increasing demand for high tech rechargeab le batteries used in vehicle
propulsion technologies and portable electronics, l ithium is paramount to tomorrow’s
“green-tech”, sustainable economy. By positioning itself with solid strategic partners and
acquiring high quality assets for the Energy rEVolu tion supply chain, ILC aims to be the
partner of choice for investors in green-tech and t o continue to build value for its
shareholders.
On behalf of the Board of Directors,
Kirill Klip
Chairman, President and CEO, International Lithium Corp.
For further information concerning this news release please contact +1.604.687.7551
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Cautionary Statement Regarding Forward-Looking Information
Except for statements of historical fact, this news release contains certain "forward-looking information"
within the meaning of applicable securities law. Fo rward-looking information is frequently characterized
by words such as "plan", "expect", "project", "inte nd", "believe", "anticipate", "estimate", "will", " could"
and other similar words, or statements that certain events or conditions "may" or "could" occur. Such
forward-looking information is based on a number of assumptions and subject to a variety of risks and
uncertainties, including but not limited to those d iscussed in the sections entitled "Forward-Looking
Statements" in the interim and annual Management's Discussion and Analysis which are available at
www.sedar.com. While our management believes that t he assumptions made are reasonable, should
one or more of the risks, uncertainties or other fa ctors materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from those described in forward-looking informatio n.
Forward-looking information herein, and all subsequ ent written and oral forward-looking information
are based on estimates and opinions of management o n the dates they are made and are expressly
qualified in their entirety by this cautionary stat ement. Except as required by law, the Company assum es
no obligation to update forward-looking information should circumstances or management's estimates
or opinions change.