INTERNATIONAL LITHIUM CORP. ("ILC") BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s BULLETIN DATE: May 01, 2018 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced Apr 18, 2018:
Convertible Debenture $1,180,000.00
Initial Conversion Price: $0.085 per common share
Term of Maturity: June 30, 2019
The lender may convert at any time, all or a portion of the principal into common shares of the Issuer at a price of $0.085 per common share until April 18, 2019 and at $0.10 per share thereafter.
Interest payable quarterly on June 30, September 30, December 30 and March 30 of each year.
Interest Rate: 15% per annum
Number of Placees: 1 Placee
Insider / Pro Group Participation: Insider=Y / Name Pro-Group=P # of Shares John Wisbey Y 0
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction. ________________________________________
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