Consolidated Lithium Metals Amends Previously Announced Financing and Extends Exclusivity Period of Letter of Intent With SOQUEM

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TORONTO, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM) (FRA: Z36) (“CLM” or the “Company”) announces further to its press release dated October 22, 2025, the Company intends to complete a non-brokered private placement (the “Offering”) and amends the terms of the Offering to a sale of up to 66,666,666 units (each, a “Unit”) of the Company at the previously announced price of $0.06 per Unit (the “Offering Price”) for gross proceeds to the Company of up to $4,000,000. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder to purchase one common share of the Company at a price of $0.10 per common share and the Company amends the exercise period to 36 months commencing on the date that is 60 days after the closing date. It is anticipated that the closing of the Offering will occur on or about November 7, 2025.

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