Mr. Rene Bharti reports

CONSOLIDATED LITHIUM METALS ANNOUNCES EXPOSURE OF A NEW LI-BEARING PEGMATITE AT ITS PREISSAC PROJECT AND CLOSES FINANCING

Consolidated Lithium Metals Inc. has commenced its summer 2025 exploration campaign at its Preissac project.

As part of the program, a trench measuring 100 metres in length and 30 metres in width has been excavated in the area of a previously identified lithium soil anomaly. The trench successfully exposed an 18-metre-wide pegmatite body, confirming the presence of promising mineralized structures at surface. Following the excavation, a channel sampling program was completed. In total, 25 channel samples were collected, prepared and logged in detail. All samples, including quality assurance/quality control samples, were sent to Impact Global Solutions Inc., (IGS Canada) for analysis. Furthermore, several previous lithium showings were soil/bio-sampled again along lines across the predicted strike of the pegmatites related to the anomalies.

Preissac property -- bio/soil sampling program

The bio/soil sampling program, completed in April and June, 2025, used a 15-metre-by-15-metre grid to cover lithium and copper soil anomalies detected on Consolidated Lithium Metals' Preissac-Lacorne property during a property-wide soil sampling campaign completed in 2022. In total, 279 bio samples and 252 soil samples were collected, prepared and logged in detail. All samples, including quality assurance/quality control samples, were sent to IGS Canada for analysis.

Exploration program specifics

About soil sampling

Soil samples were collected from the B-horizon of the soil profile in plastic bags for shipping to the laboratory for geochemical analysis. The analyses were undertaken by IGS Canada in Delson, Que. Upon arrival at the laboratory, the samples were dried, weighed, crushed and split into subsamples, of which one 250-gram subsample was pulverized to allow 85 per cent of the material to pass through a 75-micron sieve. The sieved subsample was digested in acid and analyzed using ICP-MS, ICP-OES and SPF.

The company implemented QA/QC procedures to ensure the validity of the sampling by using a series of field duplicates in each batch of samples sent for analysis. A review of the field duplicates indicates that the soil sample results are likely reasonably precise and accurate.

IGS Canada is an independent ISO/IEC 17025:2017-accredited facility (No. 889) by the Standards Council of Canada.

Dr. Andreas Rompel, vice-president, exploration, commented: "We are very excited about the newly discovered pegmatite and we intend to continue to expose it further. This is merely the first step in our exploration efforts at Preissac, which remains the least explored project area within CLM. Additional trenching is expected to follow to investigate the soil anomalies identified in previous surveys."

Financing close

Consolidated Lithium also announces today that it has closed its previously announced non-brokered private placement financing of units at a price of one cent per unit for gross proceeds of up to $300,000. The company previously closed a tranche of the offering on April 2, 2025, pursuant to which the company issued 21 million units for gross proceeds of $210,000; no further tranches will be closed pursuant to the offering. For more information about the first tranche and the offering, please see the company's press releases dated April 2, 2025, and Feb. 14, 2025, April 11, 2025, May 12, 2025, and June 12, 2025, respectively, each of which is available under the company's SEDAR+ profile.

Qualified person

The scientific and technical information contained herein has been reviewed and approved by Alexandr Beloborodov, PGeo, the company's independent geologist consultant, who is a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Consolidated Lithium Metals Inc.

Consolidated Lithium Metals is a Canadian junior mining exploration company trading under the symbol CLM on the TSX Venture Exchange and Z36 on the Frankfurt Stock Exchange. The company is focused on the acquisition, exploration, production and development of mining properties. The company's properties are in Quebec, Canada, primarily in the spodumene-bearing pegmatites of the La Corne batholith, around North American Lithium Inc.'s Quebec lithium mine.

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