Mr. Kirill Klip of International Lithium reports

EARLY WARNING REPORT MAY 26, 2011

On May 19, 2011, pursuant to a plan of arrangement between TNR Gold Corp. and International Lithium Corp., Kirill Klip acquired 6,551,250 units of International Lithium, each unit consists of one common share and one share purchase warrant, each warrant entitles Mr. Klip to purchase an additional common share of International Lithium any time up to May 19, 2013, at a price of 37.5 cents.

In addition, pursuant to a concurrent private placement, Mr. Klip acquired an additional one million units of International Lithium at a price of 25 cents per PP unit, each PP unit consisting of one common share and one share purchase warrant. Each PP warrant entitles Mr. Klip to purchase an additional PP common share at a price of 37.5 cents per PP common share in the capital of International Lithium up to May 19, 2013. The common shares, PP common shares, warrants and PP warrants represent approximately 20.56 per cent of the outstanding common shares of International Lithium.

After giving effect to the issuance of the common shares, PP common shares, warrants and PP warrants, Mr. Klip now holds, directly or indirectly, a total of 7,551,250 common shares and 7,551,250 warrants which represents a 20.56-per-cent interest, assuming exercise of all of the foregoing warrants.

The common shares and the warrant shares of International Lithium were acquired by Mr. Klip pursuant to a plan of arrangement between TNR and International Lithium, and the PP common shares and the PP warrants were acquired for investment purposes. Subject to availability, price, the general state of the capital markets and the financial condition of International Lithium from time to time, Mr. Klip may purchase or sell securities of International Lithium.