International Lithium not Affected by Argentina Glacier Law
NEWS RELEASE
International Lithium not Affected by Argentina Glacier Law
Vancouver, B.C. June 13, 2019: International Lithium Corp. (the “ Company” or “ ILC”) (TSX
VENTURE: ILC) has taken note of the recent Supreme Court of Argentina decision in which the
Court rejected a claim brought by Barrick Gold Corp. that the Argentin a Glacier Protection Law
was unconstitutional. This law, driven by environmental considerations, prohibits mining in
Argentina where such mining is on or near glaciers or is on permafrost, and implementation of
this law would inhibit certain projects in such areas, or might put them on hold indefinitely.
The Company’s only current interest in Argentina is its part-ownership in the Mariana project joint
venture with Ganfeng Lithium. The Board of Directors of the Company has sought and obtained
reassurance that the location of the Mariana project is outside the scope of the Argentina Glacier
Protection Law, as there are no designated glaciers in the vicinity of Salar de Llullaillaco, the site
of the Mariana project. Consequently, the Board is pleased to report that the Supreme C ourt of
Argentina decision would appear to have no effect whatsoever on the developmental viability or
timescale of the Mariana project.
On behalf of the Company,
John Wisbey
Chairman and CEO
www.internationallithium.com
For further information concerning this news release please contact +1 604-449-6520
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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. Forward -looking information or
forward-looking statements in this or other news releases may include: the effect of the Supreme
Court of Argentina decision regarding the Argentina Glacier Protection Law, the viability of the
Mariana Joint Venture Project, the expectation of feasibility studies, lithium recoveries, modeling
of capital and operating costs, results of studies utilizing membrane technology at the Mariana
Project, budgeted expenditures increased value of shareholder investments, and continued
agreement between the Company and Jiangxi Ganfeng Lithium Co. Ltd. regarding the Company’s
1030 West Georgia Street, Suite 1910
Vancouver, British Columbia
V6E 3V7, Canada
T:+1 604-449-6520
www.internationallithium.com
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percentage interest in the Mariana project. 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 discussed in the sections entitled “Risks” and “Forward -Looking Statements” in the
interim and annual Management’s Discussion and Analysis which are available at
www.sedar.com. While management believes that the assumptions made are reasonable, there
can be no assurance that forward -looking statements will prove to be accurate . Should one or
more of the risks, uncertainties or other factors materialize, or should underlying assumptions
prove incorrect, actual results may va ry materially from those described in forward -looking
information. Forward-looking information herein, and all subsequent written and oral forward -
looking information are based on expectations, estimates and opinions of management on the
dates they are mad e that, while considered reasonable by the Company as of the time of such
statements, are subject to significant business, economic and competitive uncertainties and
contingencies. These estimates and assumptions may prove to be incorrect and are expressly
qualified in their entirety by this cautionary statement. Except as required by law, the Company
assumes no obligation to update forward -looking information should circumstances or
management’s estimates or opinions change.