International Lithium Corp. Las Vegas Presentation
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 26, 2010) - International Lithium Corp. ("ILC" or the "Company"), a wholly-owned subsidiary of TNR Gold Corp. (TSX VENTURE:TNR - News; "TNR"), is pleased to announce that the annual Lithium Supply and Markets 2010 Conference has invited the Company to present on the first day of the conference.
ILC's Chief Operating Officer, Mike Sieb MBA, will be presenting "Global Opportunities in Lithium - Nevada & Beyond" at 2:30PM PST, Session II under Emerging North American Lithium Production section of the conference. ILC has received significant interest from the public and lithium-users recently and anticipates developing further strategic alliances during this conference.
In 2009, the annual Lithium Supply and Markets Conference took place in Chile amidst the global downturn and set the stage regarding the status of the global supply of lithium given the pending boom of electric cars and hybrid vehicles. During the downturn of 2009 TNR and ILC recognized the demand of lithium and other rare metals early and sought out projects worldwide to capitalize on this inevitable boom.
"This conference attracts the top industrial players from early explorers, resource developers, professional analysts, brokerage firms, fund managers, and key end-users spanning the globe," states Mike Sieb, Chief Operating Officer of ILC and continues "In weeks prior to this conference, major automotive companies including Magna International and Toyota Tsusho made significant investments into junior lithium explorers operating in Argentina. This confirms the creditability of the need of additional supply of lithium and other rare metals and the role junior lithium explorers will play in sourcing that supply for the end users."
ILC's Chief Operating Officer, Mike Sieb MBA, will be presenting "Global Opportunities in Lithium - Nevada & Beyond" at 2:30PM PST, Session II under Emerging North American Lithium Production section of the conference. ILC has received significant interest from the public and lithium-users recently and anticipates developing further strategic alliances during this conference.
In 2009, the annual Lithium Supply and Markets Conference took place in Chile amidst the global downturn and set the stage regarding the status of the global supply of lithium given the pending boom of electric cars and hybrid vehicles. During the downturn of 2009 TNR and ILC recognized the demand of lithium and other rare metals early and sought out projects worldwide to capitalize on this inevitable boom.
"This conference attracts the top industrial players from early explorers, resource developers, professional analysts, brokerage firms, fund managers, and key end-users spanning the globe," states Mike Sieb, Chief Operating Officer of ILC and continues "In weeks prior to this conference, major automotive companies including Magna International and Toyota Tsusho made significant investments into junior lithium explorers operating in Argentina. This confirms the creditability of the need of additional supply of lithium and other rare metals and the role junior lithium explorers will play in sourcing that supply for the end users."
ABOUT INTERNATIONAL LITHIUM CORP. / TNR GOLD CORP.
International Lithium Corp., currently a wholly-owed subsidiary of TNR, is a mineral exploration company diversified geographically and by resource type. With projects spanning the globe from Argentina, USA, Canada, and Ireland, ILC will offer investors the potential upside of speedy lithium brine resource development to production and the valuation of other rare metals credits from spodumene pegmatites. ILC is scheduled to go public early in the second quarter of 2010.
TNR is a diversified metals exploration company focused on identifying and exploring its existing properties and identifying new prospective projects globally. TNR has a total portfolio of 18 properties, of which 9 will be included in the proposed spin-off of International Lithium Corp.
It is anticipated that TNR shareholders of record will receive up to one share and one full tradable warrant of International Lithium Corp. for every 4 shares of TNR held as of the yet determined record date. This will result in TNR shareholders owning shares in both TNR and International Lithium. For further details of the spin-off please refer to TNR's April 27, 2009 news release or visit http://us.lrd.yahoo.com/_ylt=AgFkq2uCGUk4_fCiNwuvgGKtcq9_;_ylu=X3oDMTE2NjRmOGl1BHBvcwMxBHNlYwNuZXdzYXJ0Ym9keQRzbGsDaHR0cHd3d2ludGVy/SIG=11907bp0b/**http%3A//www.internationallithium.com/.
The recent acquisition of lithium, rare metals and rare-earth elements projects in Argentina, Canada, USA and Ireland confirms TNR and ILC's commitments to generating projects, diversifying there markets, and building shareholder value.
On behalf of the board,
Gary Schellenberg, President"
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