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Wed Dec 11, 2002
Company granted interest for Block #2 of the Otish Mountain property

The Company announces that it has terminated its option agreement dated December 10, 2001 with Hunter Exploration Group wherein the Company was granted an option to earn a 100% interest Block #2 of the Otish Mountain Quebec property. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. (0 KB)
Mon Jun 17, 2002
TSX accepts option grant to Skyharbour Developments

The Company wishes to announce that it has received TSX Venture Exchange acceptance whereby the Company has agreed to grant Skyharbour Developments Ltd. ("Skyharbour") an option to acquire a 51% interest (51% of ITL's 100%) in a total of 15 mineral claim blocks (the "Claims") located in Heyson and Byshe Townships, Red Lake Area, Kenora Mining Division, Ontario. In order to exercise the option, Skyharbour must pay ITL $15,000, issue 100,000 shares to ITL and undertake a work program on the Claims... (0 KB)
Mon May 13, 2002
Company wishes to announce the resignation of Mr. Donald Huston as President

The Company wishes to announce the resignation of Mr. Donald Huston as President of the Company effective immediately. Mr. Huston will remain a Director of the Company. The Company is pleased to announce that Mr. Robert Paul has consented to act as President of the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. (0 KB)
Mon Mar 18, 2002
200,000 shares issued to the Optionor

The Board of Directors of the Company, announce that further to a Letter of Agreement dated February 4, 2002, CDNX approval has been received and as agreed 200,000 shares of the Company have been issued to the Optionor. The shares are subject to a hold period expiring on July 14, 2002. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. (0 KB)
Thu Mar 7, 2002
100,000 common shares issued to Hunter Exploration Group

The Board of Directors announce that the Company has issued 100,000 common shares to Hunter Exploration Group. The shares were issued pursuant to a Letter of Agreement dated December 10, 2001 whereby the Company has been granted an option to acquire a 100% interest in Block #2 of the Otish Mountain Quebec Property, consisting of approximately 10,000 acres. The shares are subject to a hold period expiring June 28, 2002 The TSX Venture Exchange has not reviewed and does not accept responsibi... (0 KB)
Tue Feb 5, 2002
Agreement entered into with Mr. Carl Huston

The Board of Directors of the Company (the "Optionee") announce that a letter of Agreement has been entered into with Mr. Carl Huston (the "Optionor"), whereby the Company has the right to earn a 100% interest, subject to a 2% NSR in favour of the Optionor, in and to 15 mineral claim blocks consisting of 201 units (approximately 8,040 acres) located in Heyson and Byshe Township, Red Lake Area, Kenora Mining Division, Province of Ontario (the"Property"). The Gold Property is strategically located... (0 KB)
Thu Jan 31, 2002
ITL Capital acquires Otish Mountain Diamond Project

ITL Capital Corporation (the "Company") is pleased to announce it's acquisition of 100% interest in Block #2 of the Otish Mountain, Quebec Property (the "Property") totalling 10,027 acres has now received approval from the Ministry of Natural Resources, Government of Quebec. The block has been acquired because of the Property's proximity to diamond bearing kimberlite of Ashton/Soquem's property and to Majescor's, Mistassini property which hosts abundant kimberlite indicator minerals. These ... (0 KB)
Thu Jan 24, 2002
Company announces new Secretary and Director

The Company wishes to announce the resignation of Mr. Jim Pettit as Secretary of the Company.Mr. Daniel Torok has been appointed Secretary of the Company. The Company is pleased to announce the appointment of Mr. Jim Pettit to the Board of Directors of the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. (0 KB)
Thu Jan 3, 2002
Previously granted incentive stock options cancelled

The Company announces that it has cancelled 192,000 incentive stock options previously granted to directors and employees of the Company. The Company also wishes to announce that it has granted incentive stock options to purchase up to an aggregate of 658,570 shares of the Company at $0.10 per share, to certain of its employees and directors. The options will be exercisable for a period of two years and are subject to regulatory approval. The TSX Venture Exchange has not reviewed and do... (0 KB)
 
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