Consolidated Lithium Metals Inc. has successfully closed a private placement, raising approximately $3,441,700 by issuing 57,361,667 Units at $0.06 per Unit. Each Unit includes one common share and one Warrant to purchase a common share at $0.10. The net proceeds will be used for lithium property exploration in Québec and general corporate purposes. Insiders of the company subscribed for approximately $150,000 Units, considered related party transactions. The Offering is subject to final acceptance from the TSX Venture Exchange. For more information, visit their website at www.consolidatedlithium.com.

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