Infinite Lithium Corp (ILI)

[Sam Dan]

Further update on New Joint Venture
The TSX Venture Exchange has accepted for filing an agreement dated June 27, 2017, between the company and Vanadiumcorp Resource Inc., whereby the company has been granted an option to acquire an undivided 60-per-cent interest in the Iron-T vanadium mineral property located in Quebec. Consideration is the issuance of a total of five million common shares and expending $2-million in exploration expenditures over a three-year period. A 3-per-cent net smelter return (NSR) royalty will be granted to Vanadiumcorp, of which the company can purchase 1.5 per cent for cancellation in consideration of $500,000. The purchase will be subject to further exchange review and acceptance