Vancouver, British Columbia – June 16, 2022 (Newsfile Corp.) (Investorideas.com Newswire) Worldwide Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (the “Firm” or “ILC”) is happy to announce that its widespread shares have in the present day commenced buying and selling on the OTC Markets Group’s OTCQB Enterprise Market in america beneath the image “ILHMF” efficient on the opening of buying and selling on Thursday, June 16, 2022, and can proceed to commerce on the TSX Enterprise Alternate beneath the ticker image “ILC” and the Frankfurt Inventory Alternate beneath the image “IAH”. Present U.S. shareholders of ILC will now discover widespread shares quoted on the OTCQB with none additional motion wanted. Traders in america can discover present monetary disclosure and quotes for the Firm’s widespread shares on https://www.otcmarkets.com/stock/ILHMF/overview.
The OTCQB is acknowledged as a longtime public monetary marketplace for worldwide corporations, together with pure useful resource corporations within the exploration business, to commerce within the U.S. The OTCQB Enterprise Market affords corporations the chance to construct their visibility, develop their liquidity and diversify their shareholder base on a longtime, public market. The OTCQB affords clear buying and selling in early stage, exploration corporations and gives annual verification and certification of administration to traders thereby enhancing their stage of data and buying and selling expertise.
John Wisbey, Chairman and CEO of Worldwide Lithium Corp. commented:
“The OTCQB Market gives ILC entry to a a lot bigger viewers of U.S. primarily based institutional and retail shareholders. This improve to OTCQB is a part of the pure evolution of ILC as a quoted firm as we turn out to be a bigger and stronger firm within the lithium house, targeted on the growing requirement by the U.S., Canada and Europe for safe sourcing of inexperienced power metals. We sit up for growing the variety of U.S. traders on our shareholder register.”
About Worldwide Lithium Corp.
Worldwide Lithium Corp. believes that the world faces a major turning level within the power market’s dependence on oil and fuel and within the governmental and public view of local weather change. As well as, we now have seen the clear and more and more pressing want by the USA and Canada to safeguard their provides of vital battery metals and to turn out to be extra self-sufficient. Our Canadian initiatives are strategic in that respect.
Our key mission within the subsequent decade is to make cash for our shareholders from lithium and uncommon metals whereas on the identical time serving to to create a greener, cleaner planet. This consists of optimizing the worth of our present initiatives in Canada and Eire in addition to discovering, exploring and growing initiatives which have the potential to turn out to be world class lithium and uncommon metallic deposits.
A key aim has been to turn out to be a well-funded firm to show our aspirations into actuality, and following the disposal of the Mariana mission in Argentina in 2021 and the Mavis Lake mission in Canada in January 2022, the Board of the Firm considers that ILC is now effectively positioned in that respect with a powerful internet money place.
The Firm’s major strategic focus at this level is on the Raleigh Lake lithium, rubidium and caesium mission in Canada and on figuring out extra properties.
The Raleigh Lake mission consists of 48,500 hectares (485 sq. kilometres) of mineral claims in Ontario, and is ILC’s most vital mission in Canada. The exploration outcomes there up to now, that are on solely about 8% of ILC’s present claims, have proven vital portions of rubidium and caesium within the pegmatite in addition to lithium. Raleigh Lake is 100% owned by ILC, is just not topic to any encumbrances, and is royalty free.
With the growing demand for prime tech rechargeable batteries utilized in electrical autos and electrical storage in addition to transportable electronics, lithium has been designated “the brand new oil”, and is a key a part of a “inexperienced tech” sustainable financial system. By positioning itself with initiatives with vital useful resource potential and with stable strategic companions, ILC goals to be one of many lithium and uncommon metals useful resource builders of selection for traders and to proceed to construct worth for its shareholders within the ’20s, the last decade of battery metals.
On behalf of the Firm,
Chairman and CEO
For additional info regarding this information launch please contact +1 604-449-6520
Neither TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.
Cautionary Assertion Relating to Ahead-Trying Info
Aside from statements of historic reality, this information launch or different releases comprise sure “forward-looking info” inside the that means of relevant securities legislation. Ahead-looking info or forward-looking statements on this or different information releases might embody: the impact of outcomes of anticipated manufacturing charges, the timing and/or anticipated outcomes of drilling on the Raleigh Lake or Wolf Ridge or Avalonia initiatives, the expectation of useful resource estimates, preliminary financial assessments, feasibility research, lithium or rubidium or caesium recoveries, modeling of capital and working prices, outcomes of research using numerous applied sciences on the firm’s initiatives, budgeted expenditures and deliberate exploration work on the Firm’s initiatives, elevated worth of shareholder investments, and assumptions about moral behaviour by our three way partnership companions or third occasion operators of initiatives. Such forward-looking info is predicated on quite a lot of assumptions and topic to a wide range of dangers and uncertainties, together with however not restricted to these mentioned within the sections entitled “Dangers” and “Ahead-Trying Statements” within the interim and annual Administration’s Dialogue and Evaluation which can be found at www.sedar.com. Whereas administration believes that the assumptions made are affordable, there may be no assurance that forward-looking statements will show to be correct. Ought to a number of of the dangers, uncertainties or different elements materialize, or ought to underlying assumptions show incorrect, precise outcomes might range materially from these described in forward-looking info. Ahead-looking info herein, and all subsequent written and oral forward-looking info are primarily based on expectations, estimates and opinions of administration on the dates they’re made that, whereas thought of affordable by the Firm as of the time of such statements, are topic to vital enterprise, financial, legislative, and aggressive uncertainties and contingencies. These estimates and assumptions might show to be incorrect and are expressly certified of their entirety by this cautionary assertion. Besides as required by legislation, the Firm assumes no obligation to replace forward-looking info ought to circumstances or administration’s estimates or opinions change.
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