International Lithium Announces Strategic Investments and Royalty Business Model

International Lithium (TSXV:ILC) has announced, further to its press release dated January 25, 2017, certain strategic changes to its corporate structure in which it will now begin to build its new business model.
As quoted in the press release:

As part of the new model ILC will continue to focus its efforts on the advancement of the Mariana Lithium Brine project in Argentina and the Avalonia Lithium Pegmatite project in Ireland together with strategic joint venture partner Ganfeng Lithium Co. Ltd. (“GFL”) in a manner that best suits the interests of both parties. Discussions are currently underway to identify the most effective structure in which to move these projects forward and to add value to both GFL and ILC.
ILC will also continue to focus on the advancement of the Mavis and Raleigh Lithium Pegmatite projects in Ontario, Canada with strategic partner Pioneer Resources Limited where the first hole of a recently announced drilling campaign has reported an intersection of spodumene bearing pegmatite (Company news releases, February 7 and February 8, 2017).
In addition to these ongoing value generators, ILC intends to build on the expertise it has gained in acquiring and advancing world class lithium prospects and will seek to extend its portfolio of strategic assets that are not restricted to early stage exploration prospects. The Company will now begin to pursue lithium (and possibly other strategic mineral interests related to the battery sector) projects, investments and royalties in partnerships with worldwide leaders in the battery making, electric car, energy and utilities industries.

Click here to read the full press release.