International Lithium Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2017) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces the grant of 3,500,000 stock options (the "Options") to directors, officers, employees and consultants of the Company. The Options are exercisable at $0.18 per share until five years from the date of grant.
Any shares issued on the exercise of the Options will be subject to a trading hold period of four months from the date of grant.
On behalf of the Board of Directors,
Kirill Klip
Executive Chairman
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Cautionary Statement Regarding Forward-Looking Information
Except for statements of historical fact, this news release may contain certain "forward-looking information" within the meaning of applicable securities law. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the interim and annual Management's Discussion and Analysis which are available at www.sedar.com. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.