tsx.v:ilc fra:iah otc:ilhmf (wkn: a1jazu …€¦ · international lithium corp. ......

CORPORATE PRESENTATION

May 2020

TSX.V:ILC FRA:IAH OTC:ILHMF (WKN: A1JAZU ISIN:CA4598201065)International Lithium Corp.

© International Lithium Corp. 2020 all rights reserved www.internationallithium.com

Chairman’s Statement

The last year has been a year of good progress for International Lithium Corp. (the “Company” or “ILC”). InFebruary 2020, based on results as at August 2019, we were able to announce a 253% increase in the Measuredand Indicated Resource at our Mariana joint venture in Salta, Argentina with Ganfeng Lithium. With Measuredand Indicated Resource of 4,410,000 tonnes of Lithium Carbonate Equivalent, this makes Mariana one of thebiggest lithium salar resources in the world. We also conducted a magnetic aerial drone survey at our RaleighLake property in Ontario, Canada which was promising and in line with what we were hoping to see. Our 2020focus is on drilling at Raleigh Lake in Ontario with the goal of producing a maiden resource estimate, and forMariana in Argentina on issues around the goal of the managers completing a feasibility study and obtaining thegrant of an exploitation permit. We plan to raise funds for the Raleigh Lake drilling in 2020 and to exercise our10% back in right at Mariana in 2021. In parallel with that we will be examining our strategic options at Mariana.Following the 253% rise in Measured and Indicated Resource at Mariana (as reported on February 6, 2020), itwould be reasonable to assume that the Company’s board is looking forward to receiving the new feasibilitystudy for Mariana later this year or early in 2021, with the proviso that the economics of solvent extraction (asopposed to the previous process of shipping concentrated brine to China) have not yet been fully analyzed. Theeconomics of the 2018 Preliminary Economic Assessment, which is the only economic study released so far onMariana, were based on the lower Resource Estimates delivered in 2017. We have however already warned themarket that it is possible that a feasibility study for Mariana may not be produced by the managers GanfengLithium to NI 43-101 standards; if that is the case, it is a possible or even likely scenario that we will not beallowed to announce the results of a feasibility study publicly under Canadian securities laws even though theCompany’s board, our joint venture partner Ganfeng Lithium, and other parties will be relying on the results fordecision making. We continued to raise new money in 2019 and early 2020, and in addition the Company had toraise funds to refinance some maturing convertibles. In early 2020 we started to feel that the capital market formining companies and in particular lithium companies was improving after a very difficult funding climate in2018 and 2019. Since the middle of February 2020, the COVID-19 pandemic has affected all markets, and it isnow clear that GDP in major economies will take a huge hit in 2020. It is too early to be sure how or whether thatwill affect fundraising for ourselves and for that matter our joint venture partners. Investment monies have to beinvested in something, and we take great comfort from the fact that Lithium is increasingly well understood byinvestors as a key component of batteries for electric vehicles and electric battery storage, and as an importantcontributor to a greener and cleaner world. We do therefore remain optimistic that the medium-term story isnot much affected by present events. It is our wish to broaden the Company’s investor base and to obtaininstitutional backing that will allow the Company to break out to the next level. I would like to thank all our stafffor their contribution during the year as well as our advisors, and our shareholders for their support.

John Wisbey, Chairman

May 1, 2020

1© INTERNATIONAL LITHIUM CORP.2020 ALL RIGHTS RESERVED WWW.INTERNATIONALLITHIUM.COM

TSX.V:ILC FRA:IAH OTC:ILHMF (WKN: A1JAZU ISIN:CA4598201065)

CAUTIONARY STATEMENT - MAY 2020regarding forward-looking information of International Lithium Corp. “ILC”

Certain of the statements made in this Presentation may contain forward-looking statements orinformation within the meaning of the United States Private Securities Litigation Reform Act of 1995and applicable Canadian securities laws. Often, but not always, forward-looking statements andforward-looking information can be identified by the use of words such as "plans", “targets”,“targeted”, expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends","anticipates", or believes" or the negatives thereof or variations of such words and phrases orstatements that certain actions, events or results "may", "could", "would", "might" or "will" be taken,occur or be achieved.

Forward-looking statements or information in this Presentation include, but are not limited to:information with respect to our strategy, plans, goals and outlook for our Mariana, Raleigh Lake,Mavis Lake, Avalonia, and Forgan Lake properties, including expansions and production, our futurefinancial and operating performance and targets, and our proposed mine development andexploration and other events. Forward-looking statements and forward-looking information by theirnature are based on assumptions and involve known and unknown risks, uncertainties and otherfactors which may cause the actual results, performance or achievements of the Company to bematerially different from any future results, performance or achievements expressed or implied bysuch forward-looking statements or information.

We have made certain assumptions about the forward-looking statements and information,including assumptions about funding by ILC and its partners, the political and economic environmentthat we operate in, the future price of commodities, anticipated costs and expenses and the impactof corporate plans on the business. Even though our management believes that the assumptionsmade and the expectations represented by such statements or information are reasonable, there canbe no assurance that forward-looking statements or information will prove to be accurate.Furthermore, should one or more of the risks, uncertainties or other factors materialize, or shouldunderlying assumptions prove incorrect, actual results may vary materially from those described inforward-looking statements or information. These risks, uncertainties and other factors include,among others, the following: closing of transactions not occurring or delayed, funding risks, political,economic, environmental and permitting risks, commodity price volatility, discrepancies betweenactual and estimated production, estimated mineral reserves and resources and metallurgicalrecoveries, mining operational and development risks, the COVID-19 pandemic or other epidemics,litigation risks, regulatory restrictions, including environmental and permitting regulatory restrictionsand liabilities, internal and external approval risks, risks of sovereign investment, currencyfluctuations, speculative nature of mineral exploration, global economic climate, dilution, share pricevolatility, competition, and loss of key employees.

There can be no assurance that forward-looking statements or information will prove to beaccurate, as actual results and future events could differ materially from those anticipated in suchstatements. Accordingly, you should not place undue reliance on the forward-looking statements orinformation contained herein.

Except as required by law, we do not expect to update forward-looking statements andinformation continually as conditions change and you are referred to the full discussion of theCompany's business contained in the Company's reports filed with the securities regulatoryauthorities in Canada.

All forward-looking statements and information contained in this Presentation are qualified by thiscautionary statement.



CAUTIONARY NOTE TO US INVESTORSregarding forward-looking information of International Lithium Corp. “ILC”

Mineral Reserves and Mineral Resources - The terms "mineral reserve", "proven mineral reserve"and "probable mineral reserve" referred to in the Company's disclosure are Canadian mining terms asdefined in accordance with National Instrument 43-101 -Standards of Disclosure for Mineral Projectsunder the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the"CIM") Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council asamended from time to time by the CIM. These definitions differ from the definitions in the UnitedStates Securities & Exchange Commission ("SEC") Guide 7. Under SEC Guide 7 standards, a “final” or“bankable” feasibility study is required to report reserves, the three-year historic average price is usedin any reserve or cash flow analysis to designate reserves and the primary environmental analysis orreport must be filed with the appropriate governmental authority.

The terms "mineral resource", "measured mineral resource", "indicated mineral resource","inferred mineral resource" used in the Company's disclosure are Canadian mining terms used inaccordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects under theguidelines set out in the CIM Standards. Mineral resources which are not mineral reserves do nothave demonstrated economic viability. While the terms "mineral resource", "measured mineralresource," "indicated mineral resource", and "inferred mineral resource" are recognized and requiredby Canadian regulations, they are not defined terms under standards in the United States andnormally are not permitted to be used in reports and registration statements filed with the SEC. Assuch, information contained in the Company's disclosure concerning descriptions of mineralizationand resources under Canadian standards may not be comparable to similar information made publicby US companies in SEC filings. With respect to "inferred mineral resource" there is a great amountof uncertainty as to their existence and a great uncertainty as to their economic and legal feasibility.It cannot be assumed that all or any part of an "inferred mineral resource" will ever be upgraded to ahigher category. Investors are cautioned not to assume that any part or all of mineral deposits inthese categories will ever be converted into reserves.

QUALIFIED PERSON

Afzaal Pirzada, Geological Consultant of the Company, and a “Qualified Person” for the purposesof National Instrument 43-101-Standards of Disclosure for Mineral Projects of the Canadian SecuritiesAdministrators, has reviewed, the scientific and technical information contained in this Presentation.



International Lithium Corp. (“ILC”)

International Lithium Corp. ("ILC") is alithium resource exploration and developmentcompany and royalty owner with mineralassets in Canada, Argentina and Ireland.

ILC has five core projects that includelithium-potash brines in Argentina and hardrock pegmatites, in Canada and Ireland. TheCompany's primary focus is on the RaleighLake hard rock lithium project in Ontario,Canada and on the Mariana lithium-potashbrine project in Argentina. The mineral rightsat Mariana strategically encompass an entiresalar or 'salt lake' basin in the “LithiumTriangle” of Chile, Argentina and Bolivia. Thisregion is host to the majority of global lithiumresources, reserves and production. ILC'smodel is to increase shareholder value throughthe advancement of its core projects and atappropriate stages to decide whether todevelop, joint venture or sell these projects tofacilitate this effort.

Joint Venture Partners

MAJOR SHAREHOLDERS: Shares Shares *

- John Wisbey (Chairman &CEO) 19.99% 37.70%- Private Investor 19.99% 13.38%- Ganfeng Lithium Co. Ltd. 11.64% 7.79%- Other Board and Management 2.63% 4.27%

* % ownership if all convertibles converted

SHARE STRUCTURE (as of January 30, 2020)

Average Description #Shares Exercise

Price (CAD) Common Shares 132,595,903

Convertible Debentures 65,621,311 $0.058 Warrants 18,800,000 $0.10 Stock Options 10,705,000 $0.07

Shares and Convertibles 198,217,214 Fully Diluted Shares 227,222,214

GANFENG LITHIUM CO. LTD. PIONEER RESOURCES LIMITED ✓ Prominent global lithium product

manufacturer

✓ Listed on the Shenzhen and Hong Kong Stock Exchange

✓ 11.64% equity stake in International Lithium Corp. (7.79% post convertibles)

✓ Brings significant future development support

✓ Active exploration company focused on key global demand-driven commodities

✓ Proven discovery capacity

✓ Listed on the Australian Stock Exchange (ASX: PIO)

✓ Successful completion of pollucite mining (caesium) at the Sinclair Mine



Project Ownership Structure

PEGMATITE BRINE

Argentina - Mariana

Raleigh LakeCanada - Mavis Lake

Forgan Lake

Ireland - Avalonia

Pioneer Resources(ASX:PIO)

Ganfeng Lithium Co. Ltd.HK: (1772.HK)

100% (100)%

87.2%

12.8%

55%

45% 49%

Ultra Resources

(TSX.V:ULT)

ILC

Mariana(Argentina)

Avalonia(Ireland)

Mavis Lake(Canada)

Forgan Lake(Canada)

Raleigh Lake(Canada)

on completion of earn-in

51%

Raleigh Lake – strategic resource.

✓ 100% ownership by International Lithium Corp.

✓ Located in Ontario, Canada

✓ Promising resource to be confirmed with drilling



International Lithium Corp. believes that the ‘20s will be the decade of batterymetals, driven by the electric vehicle industry and by electric battery storage. The worldfaces a major turning point in the energy market, and in the governmental and publicview of climate change. Our key mission in the new decade is to make money for ourshareholders from lithium and battery metals while at the same time helping to create agreener, cleaner planet. In addition, we have seen the clear and growing wish by theUSA and Canada to achieve resilient supplies of critical battery metals, and ourCanadian properties are strategic in that respect.

We have both brine and hard rock (pegmatite) lithium projects in prolific areas ofthe world. Our Mariana Joint Venture with Ganfeng Lithium has 4,410,000 tonnes ofmeasured and indicated Lithium Carbonate equivalent, making it one of the largestlithium brine resource bearing exploration stage properties in the world.

Strategy

6

Our near term goal is to prove theresource size of our 100% ownedRaleigh Lake project in Ontario. Ifdrilling proves the geology that excitesus so much, then it is expected to betransformational for the company. Atthe same time we want to preserve andenhance the value of our investment inMariana in Argentina through exercisingour back in right in 2021. In parallel withthat we will look at all strategic optionsfor our Mariana shareholding. At thesame time we will continue to review ourother projects and to investigate andexplore new projects that have thepotential to become world class lithiumand rare metal deposits.

All these plans require money. ILChas raised over CAD 6,000,000 offinance in the last two years, and willmaintain a funding program of equityand debt.

Thunder Bay port

© INTERNATIONAL LITHIUM CORP.2020 ALL RIGHTS RESERVED WWW.INTERNATIONALLITHIUM.COM


Raleigh Lake Project – Ideal Location

7

✓ Transcontinental rail network, Electric power grids (local and high tension), Trans Canada Highway all less than 10 km from site

✓ Town of Ignace, Ontario - 19 km from site. Dryden Ontario is approx. 30 km and Thunder Bay only 265 Highway (Motorway) km from site

✓ Skilled labour force available locally - no need to build a “camp” the size of a small town.

✓ Goods and services are easily available✓ Local and regional First Nations are open to cooperative project development

and recognize the need for economic development projects.

A tremendous benefit of the Raleigh Lake project is its location and proximityto existing infrastructure. At Raleigh Lake, ILC will not be required to build long all-weather roads through the Canadian Arctic to access our deposit, nor do we requirethe construction of a camp the size of a small town, nor a railway, nor a power plantor 200+ km of power lines, while certain competitors may have this infrastructuredisadvantage making their high-grade and/or large, easily mineable depositsborderline or even non-economic operations.

Raleigh LakeMavis Lake

Chicago Detroit

Montreal

New York



RALEIGH LAKE - cross section

Ontario

Raleigh Lake Project – Canada (100%)

S T R AT E G I C R E S O U R C E FA C I L I T Y 1 0 0 % O W N E D BY I L C W I T H F U R T H E R E X P L O R AT I O N A N D E X T E N S I O N P O S S I B L I T Y



NW

SEPegmatite #1

Pegmatite #2

Pegmatite #3

2020 DRILLING PLAN:

✓ Test and extend known mineralization down-dip and along strike

✓ Investigate peripheral structural emplacement zones

MAIN FEATURES:

✓ Mineralization increases in the direction of the magnetic anomaly

✓ Structures define interpreted mineralized conduits

✓ Geochemistry defines mineralized conduits

✓ Magnetics defines structural traps and expansion zones that can host large fractionated pegmatites (Tanco type)

Raleigh Lake

Pluton

Gabbro IntrusiveLi-rich fluids

Area of historicdrilling

Raleigh Lake Project – Exploration



RALEIGH LAKE vs. TANCO COMPARISON:

TANCO – PEGMATITE MINE EXAMPLE

✓ Discovered in 1929 completely hidden under Bernic Lake, Manitoba; mined since 1967

✓ Global role in the production of Tantalum (Ta), Caesium (Cs) & Lithium(Li)

✓ Consists of a sub-horizontal body; 1.5 km x 1 km, up to 100m thick

TANCO RALEIGH LAKE

PEGMATITE EMPLACEMENT STYLE

Tabular, shallow dipping YES YES

Hosted in prominent fracture set YES YES

Gabbro host rocks YES YES

Conjugate fault set YES YES

LITHOGEOCHEMISTRY

Lithium anomaly overlying pegmatite YES YES

Rubidium anomaly over pegmatite YES YES

Zoned pegmatites with Li, Ta and Cs/Rb YES YES

Raleigh Lake Project vs. Tanco



Cautionary Note: The information on TANCO Mine is taken from the publicly available sources and a qualified person of the Companyhas not been able to independently verify the information contained. The information is not necessarily indicative of the mineralization on the Raleigh Property, which is the subject of this technical report.

L I T I O M I N E R A A R G E N T I N A S . A .

* Ownership percentages are estimates, rounded and subject to verification by audit. Please refer to ILC MD&A filed on SEDAR.com

The Mariana project has a Measured and Indicated resource* of 4,410,000 tonnes of LCE and an Inferred resource of 786,000 tonnes of LCE making it one of the largest exploration stage lithium brine projects in South America

12.791%

87.209%

✓ ILC retains a 10% back-in right

✓ $2M loan to ILC can be repaid through production revenues or royalties

✓ Proposed budget 2020: US $25M

Mariana Project – Argentina (12.8%)

Salta Province



PEA Results** (December 2018 – see SEDAR)

** The PEA was prepared by Advisian (“Advisian”), a division of the WorleyParsons Group, for Mariana LithiumCorp. to provide a PEA of its Mariana Lithium Brine Project in accordance with National Instrument 43-101 –Standards of Disclosure for Mineral Projects (“NI 43-101”). The PEA technical report assesses the potential economic

viability of developing the 14 exploration licenses (Minas), that cover the Salar de Llullaillaco (the Salar) andsurrounding area (23,560 hectares), for the purpose of extraction of lithium brine resources and processing of twoproducts – Lithium Carbonate Equivalent and Sulphate of Potash. All figures are quoted in US dollars. It should benoted that the Company did not play any significant part in the production of the PEA report, and that theconclusions are therefore those of the consultants.

Cautionary Note: The preliminary economic assessment in 2018 (PEA) is preliminary in nature, and it includes mineral resourcesthat are considered too speculative geologically to have the economic considerations applied to them that would enable them tobe categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. The PEAincludes the results of an economic analysis of mineral resources, and mineral resources that are not mineral reserves do nothave demonstrated economic viability.

✓ 25-year mine life producing ✓ 10,000 tonnes per year of Lithium Carbonate Equivalent (LCE)✓ plus 84,000 tonnes per year of Sulphate of Potash/Potassium Sulphate (“SOP”).✓ CAPEX = US $243 million for 25-year mine life.✓ NPV = US $192 million after-tax (assuming 10% p.a. discount rate

average LCE sale price of US $9,683 per tonne, and SOP US $ 550 per tonne). ✓ IRR = 20% p.a. post-tax

▪ 2018 PEA based on Maiden Resource▪ 2020 Resource is +253% larger

Note: The Preliminary Economic Assessment in 2018 was produced before themeasured and indicated resource were increased by 253% in January 2020. Inaddition, Solvent Extraction process economics and addition of lithium carbonateplant are being considered for the project. All of these factors can be expected tochange the economics. Please see cautionary note below.

Principal Activities – 2020: continuing Feasibility Studies and submitting Exploitation Permit Application to the Argentinian authorities

1. Ongoing pilot evaporation ponds and environmental monitoring;2. Complete and submit the Environmental Impact Report for an

exploitation permit;3. Complete the characterization of the aquifer and the hydrogeology of

the basin; and4. Undertake pre-development engineering studies and confirm process

methodology.

Mariana Project – Economics & Goals



M A R I A N A –LO C AT I O N / I N F R A ST R U C T U R E

The Mariana Project is located close to the border of Chile along the Salta–Antofagasta Railway

A R E A O F N E A R - F U T U R E M I N E D E V E L O P M E N T

✓ Only 1 affected community in the region

✓ Taca Taca Cu-Au-Mo project nearby

✓ Lindero Gold Project nearby

✓ Socompa border crossing (road and rail) nearby

✓ Salta-Antofagasta railway operational, nearby

M I N E R A L T E N U R E ✓ Salar de Llullaillaco (Mariana Project) is approximately 16 kilometres in the North-South direction and 10 kilometres in the East-West giving over 160 square kilometres (16,000 hectares) of prospective resource.

✓ Mineral titles covering Salar de Lluillaillaco are 100% owned by the Mariana project joint venture.

✓ The mineral rights to the salar are unencumbered by any third parties, unlike many of the other brine projects in Argentina.

Mariana Project – Location & Mineral Tenure



Category*Effective Volume

Brine Density

Li K Li K LCE KCl

M・m3 g/mL mg/L mg/L Kt Kt Kt Kt

Measured 11,200 1.219 314 9,710 528 16,300 2,810 31,200

Indicated 6,400 1.216 316 10,100 303 9,730 1,600 18,500

Inferred 3,140 1.228 328 10,340 154 4,860 786 9,260

M+I 1.218 315 9,860 831 26,030 4,410 49,700

* Technical Report; Update of Lithium Brine Mineral Resources; Mariana Project, Salar de Llullaillaco,Argentina, January 12, 2020 (www.SEDAR.com), authored by Geos Minerals Consultants.The effective date for the resource estimate is August 23, 2019.

The measured resource is estimated at 1,680 billion litres of brine grading: 314 mg/L lithium (Li)9,710 mg/L potassium (K)

The indicated resource is estimated at 960 billion litres of brine grading: 316 mg/L lithium (Li)10,100 mg/L potassium (K)

The inferred resource is estimated at 470 billion litres of brine grading: 328 mg/L lithium (Li)10,340 mg/L potassium (K)

Measured resource: 2,810,000 tonnes of LCE

Indicated resource: 1,600,000 tonnes of LCE

Inferred resource: 786,000 tonnes of LCE

LCE - Lithium Carbonate Equivalent

Brine resources are tabulated and reported for average specific yield (SY) of 15% and a cut-off value of 230 mg/L Li.

The weight of contained lithium within the Measured and Indicated Resources represents a 253% increase over the April 2017 Mineral Resource estimate, and the contained lithium within the Inferred Resources represents a 32% increase over the 2017 figures.

Mariana Project – Mineral Resource Estimate 2020



http://www.sedar.com/

46 vertical drill holes (totalling 7,672.5m) were completed at the Mariana Project since 2010 D R I L L I N G

✓ Three Aquifers Identified,thus Significant Volume ofBrine

✓ Very High Transmissivity,Hydraulic Conductivity andStorativity

G E O P H Y S I C S

Mariana Project – Resource Definition



S O LV E N T E X T R A C T I O N C O N C E P T

Overall simplified process flowsheet utilizing solvent extraction for the Mariana project

On-site Laboratory

E V A P O R AT I O N P R O C E S S PAT H

Mariana Project – Extraction & Evaporation



49%

51%

S T R AT E G I C PA R T N E R S H I P W I T H P I O N E E R R E S O U R C E S ( A U S T R A L I A )( A S X : P I O )

✓ Pioneer now owns 51% in Mavis Lake and has the option to increase to 80% by expending a further C$8.5m.

✓ ILC owns 49% and has a further net smelter royalty of 1.5%

More than 18 pegmatites enriched in Li, Ta, Cs/Rb have been identified within the project area.

Mavis Lake Project – Canada (49%)

✓ Major rail network

✓ Electric power grid

✓ Skilled labour force

✓ 10 km from Trans-Canada Highway

✓ 300km to Thunder Bay, Ontario

17

Ontario



Fairservice Pegmatite 6 Prospect: Significant Drilling intersections**

Hole ID From(m)

To(m)

Intersection** (m)

Lithia(Li20 %)

MF18-51 76.80 100.10 23.30 1.09Including 87.75 100.10 12.35 1.50

119.95 129.20 9.25 1.47MF18-52 83.30 89.65 6.35 1.32

150.45 161.00 10.55 1.18Including 154.55 161.00 6.45 1.56

MF18-53 80.75 136.00 55.25 1.04Including 82.70 89.30 6.60 1.47Including 115.50 117.90 2.40 2.61Including 122.30 132.75 10.45 1.54

MF18-54 94.80 113.00 18.20 1.27Including 107.80 113.00 5.20 2.42

MF18-54 139.25 145.35 6.10 2.33MF18-55 135.10 147.45 12.35 1.41MF18-56 142.10 148.90 6.80 1.26MF18-57 141.53 151.20 9.67 1.23

Including 143.25 149.20 5.95 1.63MF18-58 55.00 58.65 3.65 1.87

116.80 145.75 28.95 1.14Including 119.75 128.95 9.20 1.80

MF18-59 144.80 152.35 7.55 1.30

Pegmatite 6 Prospect Drilling Results** All widths reported are core widths and have not been converted to true widths. True width of the drill hole intercepts, which may be shorter than those reported, are currently unknown.See Company news release dated April 9, 2018.

Mavis Lake Project – Drill Results



45%

55%

✓ GFL has option to acquire an additional 24% upon completion of CAD $10M expenditures or producing a feasibility study

✓ 19 significant lithium pegmatite occurrences discovered in the 1970's

✓ 50 km Pegmatite belt underexplored

✓ 23 major target areas identified

J O I N T V E N T U R E PA R T N E R S H I P W I T H G A N F E N G L I T H I U M ( G F L )

8 Prospecting Licences(totalling 292 km2 )

SeskinnamadraAclareMoylishaLisheen

Galmoy

LEINSTER LITHIUM BELT FAVOURABLE LOCATION

• Primary focus is to test high priority areas at Moylisha

ADDITIONAL WORK

• Quantify and prioritize potential of other occurrences along 50km trend

• Further develop Aclare prospect

• Test and determine effectiveness of new exploration techniques

PLANNED EXPLORATION WORK

Large Spodumene Crystal in Boulder

MoylishaAclare

Avalonia Project – Ireland (45%)



✓ Option for Ultra Resources Inc. (TSX.V:ULT) to earn 100%

✓ ILC to retain 1.5% NSR royalty on entire Forgan property

✓ Extensive soil geochemical signature and drill ready targets

✓ Historic high-grade channel samples

✓ Pegmatite #1✓ 2.57% Li2O over 6.4m✓ 4.23% Li2O over 7.25m✓ 1.98% Li2O over 7.6m

✓ Extensive soil geochem anomaly

✓ Drill ready targets

✓ Excellent infrastructure

Forgan Lake Project – Canada

20

Ontario



It is very positive for the company that we were able earlierin 2020 to announce a 253% increase in the resource estimatefor Mariana, Argentina. It is now one of the largest lithiumsalar deposits in the world.

Our 2020 focus is on drilling at Raleigh Lake in Ontario toproduce a maiden resource estimate, and on a feasibilitystudy and environmental permitting at Mariana in Argentina

We plan to raise funds for the Raleigh Lake drilling in 2020and to exercise our 10% back in right at Mariana in 2021. Inparallel with that we will be examining our strategic optionsat Mariana.

Summary



Directors and Management

John Wisbey – Chairman and CEOJohn joined the board of ILC in 2017. After a few months he became Deputy Chairman, andthen Chairman and CEO in March 2018. He has personally invested significant funds in ILCsince joining the board, and is now ILC’s largest shareholder. He has had a career as atechnology entrepreneur and more recently green energy entrepreneur, and is an ex-banker.He founded two London AIM listed companies: IDOX plc, which provides software for UKLocal Government, and Lombard Risk Management plc, which specialises in software forbank risk management and regulation. He more recently established CONVENDIA Ltd., aprivate company which specializes in software for cash flow forecasting, project valuationand M&A financial analysis, and he holds various Non-Executive Director roles in the UK andSwitzerland. He was formerly a banker at Kleinwort Benson, where he held various roles,including a Director in the Derivatives Group, Head of Options, and corporate lending. Hehas acted as a public company Chairman, CEO or Director for twenty years. He is a graduateof Cambridge University.

Maurice Brooks – Director and CFOMaurice joined the board of ILC in 2017. He is a licensed senior statutory auditor in the UKand since 2000, he has been a senior partner in Johnson, Smith & Co., Chartered Accountantsand Statutory Auditors in Staines, Surrey and before that, senior partner in JohnsonsChartered Accountants, Ealing London. His commercial and investment experience includesexecutive directorships in manufacturing and investment accountant to the superannuationfund of the Western Australian state government. His early professional employmentincluded Ball Baker Leake and Price Waterhouse Coopers-UK.

Anthony Kovacs – Director and COOAnthony joined the board of ILC in 2018 and has worked in the company since 2012. He hasover twenty-five years of experience in mineral exploration and development. Before joiningILC, he held senior management roles sourcing and advancing iron ore and industrialminerals projects, including the early stage work at the Lac Otelnuk Iron Ore project inQuebec, Canada and the Mustavaara Vanadium Mine in Finland. Prior to that Mr. Kovacsworked for Anglo American, focusing on Ni-Cu-PGE and IOCG projects and was directlyinvolved in several new discoveries internationally. Mr. Kovacs has significant experiencewith industrial minerals, ferrous metals, non-ferrous metals and precious metals projectsthroughout the Americas, Europe, and Africa.



Ross Thompson – Non-executive DirectorRoss joined the board of ILC in 2017, and chairs the Audit and Remuneration Committees. Heis a speaker and expert in marketing behavioural science. In 1995 he started a companyGiftpoint Ltd. which is now one of the largest specialist promotional merchandise businessesin the UK with offices in London and Shanghai, whose clients include L’Oreal, Oracle, Ocado,and Pernod Ricard among others. He was President of IGC Global Promotions for sevenyears, one of the world’s oldest and largest global network of premium resellers. He is anactive investor having a special interest and understanding of natural resources businesses.

Nicholas Davies – Non-executive DirectorNick joined the board of ILC in 2018, and serves on the Audit Committee. He has served as apublic company director since 2010. Since 2016, he has been Chief Technical Officer ofCONVENDIA Ltd., and from 2008 to 2016, he served as Chief Technical Officer and later aboard member of Lombard Risk Management plc, one of the world’s leading providers ofcollateral management and regulatory compliance solutions to financial organizations andlarge corporations around the world. From 2002 to 2008, he served as CTO of a division of JPMorgan Chase, London. He has a BSc in Computer Science from Leeds University and a BTECDiploma in Computer Studies from Scarborough Technical College.



Directors and Management

CONTACT DETAILS:

John Wisbey, Chairman and CEO [email protected]

Anthony Kovacs, COO [email protected]

Suite #1910, 1030 West Georgia StreetVancouver, BC, V6E 2Y3Tel : +1 604 449 6520

May 2020© INTERNATIONAL LITHIUM CORP.

2020 ALL RIGHTS RESERVED WWW.INTERNATIONALLITHIUM.COM


mailto:[email protected]

mailto:[email protected]

tsx.v:ilc fra:iah otc:ilhmf (wkn: a1jazu …€¦ · international lithium corp. ......

Documents