Mr. Rene Bharti reports

CONSOLIDATED LITHIUM METALS ANNOUNCES $2,500,000 PRIVATE PLACEMENT FINANCING

Consolidated Lithium Metals Inc. intends to complete a best efforts non-brokered private placement financing of up to 41,666,666 units at a price of six cents per unit for gross proceeds of up to $2.5-million. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share of the company at an exercise price of 10 cents for a period of 24 months from issuance.

Closing of the offering is expected to occur on or about Nov. 7, 2025. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day. Completion of the offering is subject to a number of conditions, including without limitation, receipt of TSX Venture Exchange approval. Finders' fees may be paid to eligible finders in accordance with the policies of the TSX-V consisting of a cash commission equal to up to 7 per cent of the gross proceeds raised under the offering and finders' warrants in an amount equal to up to 7 per cent of the number of units sold pursuant to the offering. Each finder's warrant will entitle the holder thereof to purchase one common share of the company at a price of 10 cents per share for a period of 24 months following the closing date of the offering. The company intends to use the net proceeds from the offering solely for working capital and general corporate purposes.

While details have yet to be finalized, senior management of the company and certain members of the company's board of directors, including Richard Quesnel, Brett Lynch and Rene Bharti, may participate in the offering. Insider participation, if any, will be considered to be a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Additional information will follow in a subsequent news release once details of the insider participation, if any, have been confirmed.

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 exploration and development of critical mineral projects in stable jurisdictions. The company is committed to supporting the energy transition through the responsible development of critical mineral supply chains.

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