Consolidated Lithium Metals Announces $2,500,000 Private Placement Financing

Core Viewpoint - Consolidated Lithium Metals Inc. is planning a non-brokered private placement financing to raise up to $2,500,000 through the issuance of units priced at $0.06 each, with each unit consisting of one common share and one warrant [1][2]. Group 1: Offering Details - The offering will consist of up to 41,666,666 units, with each warrant allowing the purchase of an additional common share at $0.10 for 24 months [1]. - The closing of the offering is expected around November 7, 2025, and all securities will be subject to a four-month hold period [2]. - Finder's fees may be paid to eligible finders, consisting of a cash commission of up to 7% of the gross proceeds and finder warrants equal to 7% of the units sold [2]. Group 2: Insider Participation - Senior management and certain board members may participate in the offering, which will be classified as a related party transaction [3]. Group 3: Company Overview - Consolidated Lithium Metals Inc. is a Canadian junior mining exploration company focused on critical mineral projects and supporting the energy transition [4].