11:50 AM EST - TNR Gold Corp. : revealed its intention to spinout its lithium and rare metals projects into a newly incorporated, wholly-owned British Columbia subsidiary of TNR Gold, International Lithium Corp. Upon completion of the transfer of the lithium and rare metals projects to International Lithium Corp., TNR intends to distribute up to 75 per cent of the securities of International Lithium Corp. to TNR shareholders. Further, application will be made to list the shares of International Lithium Corp. on the TSX Venture Exchange. TNR Gold Corp.
shares V.TNR are trading up $0.005 at $0.12.
