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ILC Loan Terms With Strategic Partner Gangfeng Lithium Have Been Approved
Dec. 03, 2012 01:20PM PST
Battery MetalsInternational Lithium Corp. (ILC: TSX-V) announced that the TSX Venture Exchange has approved Ganfeng Lithium’s $2,000,000 investment in the Company by way of a loan of which $1,000,000 of such loan is convertible into common shares of the Company.
International Lithium Corp. (ILC: TSX-V) announced that the TSX Venture Exchange has approved Ganfeng Lithium’s $2,000,000 investment in the Company by way of a loan of which $1,000,000 of such loan is convertible into common shares of the Company.
Highlights from press release:
- Strategic Partner Ganfeng Lithium long term loans terms approved
- Financial commitment reflects continued support of ILC’s management and projects
- ILC boosting operations with end of year drill program at Mavis Lake, Ont.
- Exploration projects being mobilized throughout key ILC properties
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