<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.
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