International Lithium Corp. Increases Loan to Lepidico as Option Deal Advances

Reuters

2025/10/28

<a href="https://laohu8.com/S/ILHMF">International Lithium Corp.</a> Increases Loan to Lepidico as Option Deal Advances

International Lithium Corp. (ILC) has provided an update regarding its option to acquire Lepidico's interest in the Karibib Lithium, Rubidium, and Cesium Project in Namibia. As of October 24, 2025, Lepidico has met all conditions required to complete its secured loan from ILC, which has now been increased to CAD$510,000, with CAD$420,000 accruing interest at 10% per annum. The drawdown was contingent on Lepidico Mauritius and its subsidiaries having no outstanding debt to their Australian parent, Lepidico Ltd., which is currently in liquidation. If the transaction proceeds, ILC would gain one of the largest rubidium resources in Africa and enhance its position in the global lithium and cesium markets. However, the option's exercise remains subject to the outcome of an ongoing arbitration in Singapore involving Lepidico Namibia and Jiangxi Jinhui Lithium Co. Ltd., which is expected to conclude between now and the end of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Lithium Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 272194) on October 28, 2025, and is solely responsible for the information contained therein.

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Increases Loan to Lepidico as Option Deal Advances","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/ILHMF\">International Lithium Corp.</a> Increases Loan to Lepidico as Option Deal Advances\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        International Lithium Corp. (ILC) has provided an update regarding its option to acquire Lepidico's interest in the Karibib Lithium, Rubidium, and Cesium Project in Namibia. As of October 24, 2025, Lepidico has met all conditions required to complete its secured loan from ILC, which has now been increased to CAD$510,000, with CAD$420,000 accruing interest at 10% per annum. The drawdown was contingent on Lepidico Mauritius and its subsidiaries having no outstanding debt to their Australian parent, <a href=\"https://laohu8.com/S/LPDN.AU\">Lepidico Ltd</a>., which is currently in liquidation. If the transaction proceeds, ILC would gain one of the largest rubidium resources in Africa and enhance its position in the global lithium and cesium markets. However, the option's exercise remains subject to the outcome of an ongoing arbitration in Singapore involving Lepidico Namibia and Jiangxi Jinhui Lithium Co. Ltd., which is expected to conclude between now and the end of 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Lithium Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 272194) on October 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>International Lithium Corp. 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Increases Loan to Lepidico as Option Deal Advances\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-10-28 19:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/ILHMF\">International Lithium Corp.</a> Increases Loan to Lepidico as Option Deal Advances\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        International Lithium Corp. (ILC) has provided an update regarding its option to acquire Lepidico's interest in the Karibib Lithium, Rubidium, and Cesium Project in Namibia. As of October 24, 2025, Lepidico has met all conditions required to complete its secured loan from ILC, which has now been increased to CAD$510,000, with CAD$420,000 accruing interest at 10% per annum. The drawdown was contingent on Lepidico Mauritius and its subsidiaries having no outstanding debt to their Australian parent, <a href=\"https://laohu8.com/S/LPDN.AU\">Lepidico Ltd</a>., which is currently in liquidation. If the transaction proceeds, ILC would gain one of the largest rubidium resources in Africa and enhance its position in the global lithium and cesium markets. However, the option's exercise remains subject to the outcome of an ongoing arbitration in Singapore involving Lepidico Namibia and Jiangxi Jinhui Lithium Co. Ltd., which is expected to conclude between now and the end of 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Lithium Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 272194) on October 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多種金屬與採礦","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251028:nNDLbZQrxF:1","article_id":"2578958635","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2578958635","pubTimestamp":1761649497,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"International Lithium Corp.  has provided an update regarding its option to acquire Lepidico's interest in the Karibib Lithium, Rubidium, and Cesium Project in Namibia. 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The drawdown was contingent on Lepidico Mauritius and its subsidiaries having no outstanding debt to their Australian parent, Lepidico Ltd., which is currently in liquidation. If the transaction proceeds, ILC would gain one of the largest rubidium resources in Africa and enhance its position in the global lithium and cesium markets. However, the option's exercise remains subject to the outcome of an ongoing arbitration in Singapore involving Lepidico Namibia and Jiangxi Jinhui Lithium Co. Ltd., which is expected to conclude between now and the end of 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Lithium Corp. published the original content used to generate this news brief via Newsfile (Ref. 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