International Lithium Corp. (ILC) has signed a variation agreement for its non-core Avalonia project in Ireland, a joint venture with Ganfeng. Key points: The proceeds will be used for exploration in Ontario (Raleigh Lake and Firesteel projects) and potentially in Zimbabwe. ILC's CEO, John Wisbey, stated that selling the non-strategic Avalonia stake allows the company to focus on other operations while maintaining a royalty interest. The transaction strengthens ILC's balance sheet and doesn't require TSXV approval.