INTERNATIONAL LITHIUM CORP. ("ILC") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture BULLETIN DATE: December 5, 2017 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 10, 2017:
Convertible Debenture $700,000
Conversion Price: Convertible into common 5,000,000 common shares at $0.14.
Maturity date: January 31, 2019
Interest rate: 15% per annum.
Number of Placees: 1 Placee
Insider / Pro Group Participation:
Insider=Y / Name ProGroup=P Amount TNR Gold Corp. Y $700,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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