INTERNATIONAL LITHIUM CORP. ARRANGES SHORT TERM LOAN

Vancouver B.C. July 20, 2012: International Lithium Corp. (“ILC” or the “Company”) (ILC: TSX-V) has arranged a short term unsecured five month bridge loan of $150,000.  TNR Gold Corp., a significant shareholder of ILC, has agreed to lend the Company $150,000 at an interest rate of 20% per annum. A portion of the proceeds will be used to secure equipment necessary for this season’s exploration program on the Mariana Lithium /potassium brine in Argentina. The company is currently in discussions with interested parties under confidentiality agreements with respect to its Mariana project and