International Lithium (TSE:ILC) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
International Lithium Corp. has amended its joint venture agreement, reducing its interest in the Avalonia project to zero in exchange for CAD$2.2 million and a 2% Net Smelter Royalty from partner Ganfeng. The company plans to allocate the proceeds towards its exploration projects in Ontario and Zimbabwe, as well as for working capital.
For further insights into TSE:ILC stock, check out TipRanks’ Stock Analysis page.