TNR Gold Corp (TNR)

[JD400]

International Lithium Corp., President's Update ILC.v, TNR.v


Vancouver B.C., 8-8-2013: International Lithium Corp. ("ILC" or the "Company") (ILC: TSX-V) I am pleased to provide a corporate update and summary of the Company's activities for our shareholders. International Lithium Corp. continues to advance its core exploration projects by securing the land tenure at the Mariana brine project in Argentina and working towards monetizing the Blackstairs pegmatite project in Ireland. We have avoided equity financings at low share prices and instead built up our allegiance with strategic partner Ganfeng Lithium Co. Ltd.

Highlights

Total number of fully diluted shares is reduced from 151,964,995 to 83,958,046.
Strategic Partner, Ganfeng Lithium Co. Ltd. ("GFL" or "Ganfeng Lithium") delivers advanced payment of $250,000 for Blackstairs options
Ganfeng Lithium provide loan of $1,199,000 to secure the second option payment for the Mariana project option with the original vendors. GFL enter into an agreement to acquire up to 51% of the Mariana project by making an additional payment of $1,090,000 totaling $2,289,000 to secure the full rights to the Mariana project from the original vendors
Successful exploration programs carried out at the Blackstairs, Ireland and Mavis Lake, Ontario lithium pegmatite projects.

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