DGAP-News: International Lithium Corp. Appoints CFO and Adds to Management Team
DGAP-News: International Lithium Corp. / Key word(s): Miscellaneous
International Lithium Corp. Appoints CFO and Adds to Management Team
22.02.2017 / 10:03
The issuer is solely responsible for the content of this announcement.
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2017) -
International Lithium Corp. (TSXV: ILC) (the 'Company' or 'ILC') 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 experience 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
has 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 the 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
directors of ILC (Company news release, February 16, 2016), will remain a
special advisor to the Company in the capacity of strategic risk management
and internal audit.
The Company is also pleased to announce that Nancy La Couvee has joined the
management team to assist in all aspects of corporate development,
including corporate compliance, administration and shareholder
communications. Ms. La Couvee has over twenty years of experience acting as
Corporate Secretary 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 specific
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 previously President, CEO and Director of Rock Tech Lithium and is
registered as a Professional Geoscientist with the Association of
Professional Engineers and Geoscientists of British 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 confident that their high
level of professional experience will help to move ILC forward with its new
business strategy, 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 company with an outstanding
portfolio of projects, strong management, robust financial support, and a
strategic partner and keystone investor Ganfeng Lithium Co. Ltd., a leading
China based lithium product manufacturer.
The Company's primary focus is the stratetegic stake in the Mariana
lithium-potash brine project (including 10% back-in right), a joint 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 production. 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 are three rare metals
pegmatite properties in Canada known as the Mavis, Raleigh, and Forgan
projects, and the Avalonia project in Ireland, which encompasses an
extensive 50km-long pegmatite belt. The Avalonia project is under option to
strategic partner Ganfeng Lithium and the Mavis and Raleigh projects with
strategic partner Pioneer Resources Limited (ASX:PIO). The Mavis, Raleigh
and Forgan projects together form the basis of the Company's newly created
Upper Canada Lithium Pool designated to focus on acquiring numerous
prospects with previously reported high concentrations of lithium in close
proximity to existing infrastructure.
With the increasing demand for high tech rechargeable batteries used in
vehicle propulsion technologies and portable electronics, lithium is
paramount to tomorrow's 'green-tech', sustainable economy. By positioning
itself with solid strategic partners and acquiring high quality assets for
the Energy rEVolution supply chain, ILC aims to be the partner of choice
for investors in green-tech and to 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
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 is frequently characterized by
words such as 'plan', 'expect', 'project', 'intend', '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
discussed 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 the assumptions made
are reasonable, should one or more of the risks, uncertainties or other
factors materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those described in forward-looking
information. Forward-looking information herein, and all subsequent written
and oral forward-looking information are based on estimates and opinions of
management on the dates they are made 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.
Click on, or paste the following link into your web browser, to view
the associated documents
http://www.newsfilecorp.com/release/25204
News Source: Newsfile
22.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
International Lithium Corp.
Canada
ISIN:
CA4598201065
End of News
DGAP News Service
546521 22.02.2017