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Consolidated Lithium Metals Signs Term Sheet with Linear Minerals to Acquire the Augustus Lithium Project and Additional Lithium Claims in the Abitibi and James Bay Regions of Québec

Markets GlobeNewswire By GlobeNewswire 08 Jun 2026 22:30 1 min read
Consolidated Lithium Metals Signs Term Sheet with Linear Minerals to Acquire the Augustus Lithium Project and Additional Lithium Claims in the Abitibi and James Bay Regions of Québec

TORONTO, June 08, 2026 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | FRA: Z36 | OTCQB: JORFF) (“CLM” or the “Company”) is pleased to announce that it has entered into a term sheet (“Term Sheet”) dated June 4, 2026, with Linear Minerals Corp. (“LM”), pursuant to which (subject to completion of several conditions precedent) the Company intends to acquire a 100% undivided interest in the Augustus Lithium Project and additional adjacent LM claims, located in the Abitibi and Jam

TORONTO, June 08, 2026 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | FRA: Z36 | OTCQB: JORFF) (“CLM” or the “Company”) is pleased to announce that it has entered into a term sheet (“Term Sheet”) dated June 4, 2026, with Linear Minerals Corp. (“LM”), pursuant to which (subject to completion of several conditions precedent) the Company intends to acquire a 100% undivided interest in the Augustus Lithium Project and additional adjacent LM claims, located in the Abitibi and James Bay regions of Québec (the “Project”) (the “Proposed Transaction”).

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