Insiders Confident CLM is Ready for Growth
05 March 2024 - 12:00AM
Consolidated Lithium Metals Inc. (TSXV:
CLM | OTCQB:
JORFF | FRA:
Z36) (“
CLM” or the
“
Company“) is pleased to announce an aggregate
purchase of 6 million common shares of the Company by three of its
senior members (Richard Quesnel, Brett Lynch, and Rene Bharti). The
purchases were completed in the public markets over the past few
weeks, representing an increase in insider common shareholdings of
1.7%.
CLM’s chief executive officer and president,
Rene Bharti, remarked, “Our management, board members, and insiders
are committed to supporting the company. We believe the Company’s
assets will prove to be a success for all shareholders and our team
is committed to creating shareholder value over the long term.”
About Consolidated Lithium Metals
Inc. Consolidated Lithium Metals Inc. (formerly known as
Jourdan Resources Inc.) 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’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
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 future success
and growth potential and its ability to create shareholder value
over the long term. 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
CLM 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 CLM 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. CLM 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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