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Consolidated Lithium Extends Closing of Private Placement Financing

Consolidated Lithium Metals Inc. has extended the closing of its non-brokered private placement financing, originally announced on May 16, 2023, to raise up to $1,000,000 through the issuance of units at $0.05 each. Each unit consists of one common share and one warrant, exercisable at $0.10 for 24 months from the closing date. The extension allows the company more time to finalize the offering, with the new closing date set for August 15, 2023. The proceeds will be used for working capital and general corporate purposes. The private placement is subject to regulatory approval, and the securities issued will be subject to a four-month hold period.

Read the Full Toronto Star Article at:
[ https://www.thestar.com/globenewswire/consolidated-lithium-extends-closing-of-private-placement-financing/article_6af14abe-31a4-547e-adb7-934e301d3c43.html ]