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TORONTO, May 12, 2025 (GLOBE NEWSWIRE) — CONSOLIDATED LITHIUM METALS INC. (TSXV: CLM | FRA: Z36) (“Consolidated Lithium” or the “Company”) announces today that it has received conditional approval from the TSX Venture Exchange to extend the closing of future tranches of its previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.01 per Unit for gross proceeds of up to $300,000 (the “Offering”) to June 11, 2025. The Company previously closed a first tranche of the Offering on April 2, 2025, pursuant to which the Company issued 21,000,000 Units for gross proceeds of $210,000. For more information about the Offering and the first tranche, please see the Company’s press releases dated February 14, 2025 and April 2, 2025, respectively, each of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca.

About Consolidated Lithium

Consolidated Lithium 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 acquisition, exploration, production, and development of mining properties. The Company’s properties are in Quebec, Canada, primarily in the spodumene-bearing pegmatites of the La Corne Batholith, around North American Lithium’s Quebec lithium mine.

For more information:
Rene Bharti, VP Corporate Development
Email | info@consolidatedlithium.com
Phone | (416) 861-5800
Website |www.consolidatedlithium.com

Cautionary and Regulatory Statements

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.