Industrial Minerals


Lithium junior ILC completes $3m. listing in Toronto

24 May 2011

by Mark Watts

Canadian group looks to develop Mariana lithium brine project in Argentina

Keywords: International Lithium Corp, ILC, TNR Gold, lithium, brine

International Lithium Corp. (ILC) has completed its $3m. listing on Canada’s TSX Venture Exchange after a spinoff from former parent company TNR Gold Corp.

TNR Gold has retained a 29% share in the ILC, while Chinese lithium chemical group Jiangxi Ganfeng Lithium has taken a 10% strategic stake.

The listing was oversubscribed with 12.24m. units purchased...