Consolidated Lithium Metals Secures $210,000 in First Tranche of Private Placement

Consolidated Lithium Metals ( (TSE:CLM) ) has shared an announcement.

Consolidated Lithium Metals Inc. has successfully closed the first tranche of its non-brokered private placement financing, raising $210,000 through the issuance of 21,000,000 units at $0.01 per unit. The proceeds are intended for working capital and general corporate purposes, with a portion allocated to satisfy obligations to Non-Arm’s Length Parties. The company has also received conditional approval from the TSX Venture Exchange to extend the closing of future tranches, indicating a strategic move to bolster its financial position and support its ongoing operations.

More about Consolidated Lithium Metals

Consolidated Lithium Metals Inc. is a Canadian junior mining exploration company focused on the acquisition, exploration, production, and development of mining properties. The company operates primarily in Quebec, Canada, in the spodumene-bearing pegmatites of the La Corne Batholith, near North American Lithium’s Quebec lithium mine.

Average Trading Volume: 264,991

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$3.68M

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