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Statement on the Passing of Rene Bharti, Founder and Director of Consolidated Lithium Metals

Management Changes Company Commentary

Statement on the Passing of Rene Bharti, Founder and Director of

Consolidated Lithium Metals

TORONTO, April 16, 2026 -- It is with deep sorrow that Consolidated Lithium Metals announces the passing of our esteemed

colleague, founder, and friend, Rene Bharti.

As the founder of our company, Rene’s vision, determination, and leadership laid the foundation upon which our organization

was built. He served as a Director and Vice President of Corporate Development with distinction and unwavering commitment.

His contributions have left an enduring mark on our company, and his influence will be felt for years to come.

On behalf of the Board of Directors, management, and all staff at Consolidated Lithium Metals, we extend our sincere

condolences to Rene’s family and loved ones during this difficult time.

Sincerely,

The Consolidated Lithium Metals team

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.

For Further Information, Contact:

Email: [email protected]