Consolidated Lithium Metals Inc. (TSXV: CLM) announces a non-brokered private placement to sell up to 66,666,666 units at $0.06 per unit, aiming for gross proceeds of $4,000,000. Each unit includes a common share and a warrant. The offering is expected to close on or around November 7, 2025, and will be used to advance exploration of lithium properties in Québec. Insider participation may occur, subject to regulatory approvals. The company also extended the exclusivity period of a letter of intent with SOQUEM Inc. to potentially acquire an 80% interest in the Kwyjibo Rare Earth Project. US offering details are available, and the securities have not been registered under the US Securities Act. Prospective investors should review the offering document before investing.
Source: Globe Newswire.
Read more at GlobeNewswire: Consolidated Lithium Metals Amends Previously Announced
