Consolidated Lithium Metals Announces $2,500,000 Private Placement Financing
Consolidated Lithium Metals Announces $2,500,000 Private Placement
Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
TORONTO, Oct. 22, 2025 -- Consolidated Lithium Metals Inc. (TSXV: CLM | FRA: Z36) (“CLM” or the “Company”) announces
today that it intends to complete a best efforts non-brokered private placement financing of up to 41,666,666 units (each, a
“Unit”) at a price of $0.06 per Unit for gross proceeds of up to $2,500,000 (the “ Offering”). Each Unit will consist of one
common share of the Company and one common share purchase warrant (each, a “ Warrant ”). Each Warrant entitles the
holder to acquire one additional common share of the Company at an exercise price of $0.10 for a period of 24 months from
issuance.
Closing of the Offering is expected to occur on or about November 7, 2025. All securities issued in connection with the Offering
will be subject to a statutory hold period of four months and one day. Completion of the Offering is subject to a number of
conditions, including without limitation, receipt of TSX Venture Exchange (“ TSXV”) approval. Finder’s fees may be paid to
eligible finders in accordance with the policies of the TSXV consisting of a cash commission equal to up to 7% of the gross
proceeds raised under the Offering and finder warrants (“Finder Warrants”) in an amount equal to up to 7% of the number of
Units sold pursuant to the Offering. Each Finder Warrant will entitle the holder thereof to purchase one common share of the
Company at a price of $0.10 per share for a period of 24 months following the closing date of the Offering. The Company
intends to use the net proceeds from the Offering solely for working capital and general corporate purposes.
While details have yet to be finalized, senior management of the Company and certain members of the Company’s board of
directors, including Richard Quesnel, Brett Lynch, and Rene Bharti, may participate in the Offering (the “ Insider
Participation ”). Insider Participation, if any, will be considered to be a “related party transaction” as defined under Multilateral
Instrument 61-101 – Protection of Minority Security Holders in Special Transactions . Additional information will follow in a
subsequent press release once details of the Insider Participation, if any, have been confirmed.
About Consolidated Lithium Metals Inc.
Consolidated Lithium Metals Inc. is a Canadian junior mining exploration company trading under the symbol “CLM” on the TSX
Venture Exchange and “Z36” on the Frankfurt Stock Exchange. The Company is focused on the exploration and development
of critical mineral projects in stable jurisdictions. The Company is committed to supporting the energy transition through the
responsible development of critical mineral supply chains.
For more information:
Rene Bharti, Vice President Corp. Dev.
Email | [email protected]
Phone: +1 (647) 965 2173
Website: www.consolidatedlithium.com
Cautionary Statements
This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-
looking information includes, but is not limited to, statements with respect to: the Offering, including the Company’s intended
use of net proceeds, closing conditions and timing, and details of the Insider Participation, if any, and other matters relating
thereto.
Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects"
or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual
results, performance or achievements to differ materially, including risks related to: regulatory approvals, including respecting
approval of the TSXV of the Offering; general business, economic, competitive, political, social, and market conditions;
accidents, labour disputes and shortages and other risks of the mining industry.
Although the Company has attempted to identify the important factors that could cause actual results to differ materially from
those contained in the forward-looking information, and believes the expectations expressed in such forward-looking
information are reasonable, there may be other factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such information or expectations will prove to be correct, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on
forward-looking information. Forward-looking information is provided as of the date of this release, and the Company does not
undertake any obligation to update or revise such information except as required by law.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended
(the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such
registration is available.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN
THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY
OF THIS RELEASE.