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International Lithium Corp. (ILC.V) has announced its engagement with Red Cloud Securities. This Toronto-based financial services company will provide liquidity services to ILC, subject to regulatory approval. The services are in line with the policies and guidelines of the TSX Venture Exchange and other applicable legislation.
Details of the Agreement
Under the agreement, ILC will pay Red Cloud $5,000 per month, payable quarterly in advance. The engagement is ongoing and can be terminated by either party with 30 days’ prior written notice. The agreement aims to maintain market stability and liquidity for ILC’s common shares.
About Red Cloud Securities
Red Cloud Securities is registered as an Investment Dealer in Ontario, Quebec, Alberta, and British Columbia. It provides unique capital market services and innovative financing alternatives to the junior resource sector.
About International Lithium Corp.
International Lithium Corp. is committed to creating value for shareholders from lithium and rare metals. It aims to contribute to a greener, cleaner planet and less polluted cities. The company’s primary strategic focus is on the Raleigh Lake Project’s lithium and rubidium project in Canada and identifying additional properties in Canada and Zimbabwe.
With the increasing demand for high tech rechargeable batteries used in electric vehicles and electrical storage, lithium is a key part of a green energy sustainable economy. ILC aims to be one of the lithium and rare metals resource developers of choice for investors.
This news release contains certain forward-looking information. Forward-looking information is based on expectations, estimates, and opinions of management on the dates they are made. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement.
Company Website: https://www.internationallithium.ca
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