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File: SEVAN1-#306327-v1-EW_new_release_for_International_Lithium_Corp_.DOC
PRESS RELEASE FOR IMMEDIATE RELEASE
Early Warning Report May 26, 2011
On May 19, 2011, pursuant to a Plan of Arrangement between TNR Gold Corp. ("TNR") and International Lithium Corp. ("In
--->ternational Lithium"), Mr. Kirill Klip acquired 6,551,250 units (the "Units") of International Lithium, each Unit cons
--->ists of one common share (the "Common Shares") and one share purchase warrant (the "Warrants"), 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 $0.
--->375.
In addition, pursuant to a concurrent private placement, Mr. Klip acquired an additional 1,000,000 units (the "PP Unit
--->s") of International Lithium at a price of $0.25 per PP Unit, each PP Unit consisting of one common share (the "PP Com
--->mon Shares") and one share purchase warrant (the "PP Warrants") each PP Warrant entitles Mr. Klip to purchase an addit
--->ional PP Common Share at a price of $0.375 per PP Common Share in the capital of International Lithium up to May 19, 2
--->013. The Common Shares, PP Common Shares, Warrants and PP Warrants represent approximately 20.56% of the outstanding c
--->ommon shares of International Lithium.
After giving effect to the issuance of the Common Shares, PP Common Shares, Warrants and PP Warrants, Mr. Klip now hol
--->ds, directly or indirectly, a total of 7,551,250 common shares and 7,551,250 warrants which represents a 20.56% intere
--->st, 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 arra
--->ngement between TNR and International Lithium and the PP Common Shares and the PP Warrants were acquired for investmen
--->t purposes. Subject to availability, price, the general state of the capital markets and the financial condition of In
--->ternational Lithium from time to time, Mr. Klip may purchase or sell securities of International Lithium.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the T
--->SX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information communicate with: Kirill Klip 27 Old Gloucester Street London WC1N 3XX Telephone: 020 7873 2302
--->Fax: 020 7831 9489
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