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 Couvée has joined the management team to assist in all aspects of corporate development, including corporate compliance, administration and shareholder communications. Ms. La Couvée 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.
