Consolidated Lithium Metals Announces New Website & Investor Deck
26 Juillet 2023 - 1:30PM
Consolidated Lithium Metals Inc. (TSXV:
CLM | OTCQB:
JORFF | FRA:
Z36) (“
CLM” or the
“
Company“) is pleased to announce that its name
change approved by shareholders at the Company’s most recent annual
and special meeting has officially taken place and that its ticker
symbol on the TSX Venture Exchange (“
TSXV”) has
also been changed to “CLM”.
Mr. Quesnel Executive Chairman stated,
“We are pleased with the shareholders’ approval of the company’s
name change. Consolidated Lithium Metals is a name that reflects
our primary focus as an organization: developing North America’s
next lithium mine. Our four exploration-stage properties, located
within the mining friendly district of Abitibi-Témiscamingue,
Quebec, Canada, are situated in close proximity to Sayona Mining’s
North American Lithium mine, Canada’s largest operating lithium
mine."
Rene Bharti, CEO, stated, “We are very proud to
have secured the CLM ticker, which has a wonderful history with our
Executive Chairman. Mr. Quesnel was instrumental in the building
and sale of Consolidated Thompson Iron Ore. The Consolidated
Lithium Metals team, recently strengthened with the addition of Mr.
Quesnel as its Executive Chairman, is in a unique position to
potentially become Canada’s next lithium producer. Indeed, having
Quebec’s largest lithium mining claim position which largely
surrounds Canada’s largest operating lithium mine, in addition to
having started one of the largest lithium drill campaigns in Quebec
history, we hope the new name will serve shareholders well. As our
name indicates we plan on becoming a strategic consolidator of
lithium assets, and taking advantage of the unique infrastructure
we have in place with our partner North American Lithium.”
New Website & Corporate
Deck
Consolidated Lithium Metals Inc. would also like
to announce the launch of its new website,
www.consolidatedlithium.com, where shareholders can also view the
latest corporate presentation.
Investor Relations
Engagement
In addition, the Company announces today that it
has entered into an investor relations agreement with Wentworth
Capital Markets Inc. (“Wentworth”) for assistance
with its investor awareness marketing campaign.
Wentworth carries on the business of investor
relations including assisting public companies in the promotion of
corporate activities. Wentworth has agreed to, among other things,
assist CLM in enhancing its visibility with potential investors
through communications, liaising with writers and publishers,
developing communication materials, and advising the Company
generally with respect to its corporate development and the
advancement of its interests for a monthly cost of C$10,000 (plus
applicable taxes) for a one-year term commencing on the date on
which the TSXV approves the engagement. Wentworth is an arm’s
length party from the Company and principally operates out of
Toronto, Ontario. As of the date of this press release, neither
Wentworth nor any of its directors and officers own any interest,
directly or indirectly, in the securities of the Company. The
engagement of Wentworth is subject to approval of the TSXV.
About Consolidated Lithium Metals
Inc. Consolidated Lithium Metals Inc. (TSXV:
CLM | OTCQB: JORFF | FRA:
Z36) (formerly known as Jourdan Resources Inc.) is
a Canadian junior mining exploration with projects in Quebec. The
Company’s properties are in Quebec, Canada, primarily in the
spodumene-bearing pegmatites of the La Corne Batholith, around
North American Lithium’s Quebec lithium mine.
For more information:Rene
Bharti, Chief Executive Officer and PresidentEmail
| info@consolidatedlithium.comPhone | (416)
861-5800Website |www.consolidatedlithium.com
Cautionary Statements CLM is
not basing any production or mining decisions on a technical report
or a feasibility study of mineral reserves demonstrating economic
and technical viability at any of its properties, and as a result
there is increased uncertainty and there are multiple technical and
economic risks of failure which are associated with any such
production decision. These risks, among others, include areas that
are analysed in more detail in a feasibility study, such as
applying economic analysis to resources and reserves and a number
of specialized studies in areas such as mining and recovery
methods, market analysis, and environmental and community
impacts.
This press release contains “forward looking
information” within the meaning of applicable Canadian securities
legislation. Forward looking information includes, but is not
limited to, statements with respect to the Company’s ability to
execute its business plan, including to commence lithium
production, develop a mine, and consolidate lithium mining assets,
and statements with respect to the engagement of Wentworth to
enhance visibility with potential investors. Generally, forward
looking information can be identified by the use of forward-looking
terminology such as “plans”, “expects” or “does not expect”, “is
expected”, “budget”, “scheduled”, “estimates”, “forecasts”,
“intends”, “anticipates” or “does not anticipate”, or “believes”,
or variations of such words and phrases or statements that certain
actions, events or results “may”, “could”, “would”, “might” or
“will be taken”, “occur” or “be achieved”. Forward looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward looking information, including but not limited to: receipt
of necessary approvals; general business, economic, competitive,
political and social uncertainties; future mineral prices and
market demand; accidents, labour disputes and shortages and other
risks of the mining industry. Although the Company has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward looking information. The Company does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION
SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
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