Consolidated Lithium Metals announces exposure of a new Li-bearing pegmatite at its Preissac Project and closes financing

Core Insights - Consolidated Lithium Metals Inc. (CLM) has initiated its summer 2025 exploration campaign at the Preissac Project, focusing on lithium exploration [1][9] - The company has successfully excavated a trench revealing an 18-meter-wide pegmatite body, confirming the presence of mineralized structures [2][9] - A total of 25 channel samples have been collected for analysis, alongside a comprehensive bio/soil sampling program that included 279 bio and 252 soil samples [5][9] Exploration Program Details - The trench excavated measures 100 meters in length and 30 meters in width, targeting a previously identified lithium soil anomaly [2] - The bio/soil sampling program utilized a 15m-by-15m grid to cover lithium and copper anomalies detected in 2022 [5] - Soil samples were collected from the B-horizon and analyzed using various geochemical methods at IGS Canada [7][8] Financial Update - CLM has closed a non-brokered private placement financing of units at a price of $0.01 per unit, raising gross proceeds of up to $300,000 [9] - A previous tranche of this offering raised $210,000 by issuing 21,000,000 units [9] Company Overview - Consolidated Lithium Metals Inc. is a Canadian junior mining exploration company focused on lithium and copper properties, primarily in Quebec [13]