On December 6, 2023, Consolidated Lithium Metals Inc. closed the transaction. The company has now issued 28,126,517 units at a price of CAD 0.06 per unit for gross proceeds of CAD 1,687,591.02. Each warrant entitles the holder to acquire one additional common share at an exercise price of CAD 0.08 until December 6, 2026. In connection with the offering, the company paid finder?s fees of CAD 88,373.46 in cash and issued 1,472,891 non transferable finder?s warrants to an eligible finder in accordance with TSXV policies. Each finder?s warrant entitles the holder thereof to acquire one common share at a price of CAD 0.08 at any time prior to December 6, 2025.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation two placees.