COMPANY

CONSOLIDATED LITHIUM METALS

Consolidated Lithium Metals is a Canadian junior mining exploration company trading under the symbols CLM on the TSX Venture, JORFF on the OTCQB and Z36 on the Frankfurt and Stuttgart Stock Exchanges. The Company is focused on the acquisition, exploration, production, and development of mining properties prospective for lithium mineralization.

OVERVIEW

Secure North American Lithium supplies are national policy priorities for the USA and Canada and a core goal under the US Inflation Reduction Act. Lithium demand is forecast to increase 6-fold by 2035 due to EV adoption. CLM is focused on exploration in mining-friendly Quebec for hard rock spodumene lithium in the heart of the Abitibi Greenstone Belt.

HIGHLIGHTS
  • CLM has over 18,000 m of drilling approved for expanding known lithium mineralization in 2023.
  • Drill-ready targets with confirmed lithium-bearing pegmatite already identified on two flagship projects, Vallée and Baillargé
  • CLM’S Baillargé Project has three known pegmatite systems defined at surface that need significant drilling to determine their potential.
  • CLM’s Vallée JV borders the recently restarted North American Lithium Operation owned by Sayona Mining, our JV partner. The Vallée JV has drill-confirmed lithium-bearing pegmatites believed to be the extension of Sayona’s mineable pegmatites. CLM’s pegmatites remain open for expansion.

MANAGEMENT

Richard Quesnel

President & chief executive officer

Mr. Quesnel served 5+ years as President and Chief Executive Officer of Consolidated Thompson Iron Mines. He has 40+ years of senior mine management and senior mining engineering experience at large gold, copper, nickel, and iron ore mining operations in Canada, and Western USA. He has successfully developed, commissioned, operated, and expanded mining operations, both open pit, and underground. Throughout his career, Richard Quesnel has worked as a mine manager and mining engineer for several mining companies including Barrick Goldstrike, Quebec Cartier Mining, Placer Dome, JS Redpath Limited, and Ledcor CMI Limited. Mr. Quesnel is also a director of Sama Resources Inc. He is a Professional Mining Engineer in Quebec and holds a Bachelor of Science degree in Mining Engineering from McGill University.

Dr. Andreas Rompel

vice president Exploration

Dr. Rompel is a seasoned exploration professional with three decades of exploration experience in a wide range of roles from VP Exploration and Project Manager to Country Manager and Corporate Development. Most recently, Dr. Rompel was the President & CEO of Cobalt Power Group. Dr. Rompel has also worked in a variety of commodities, including precious metals and base metals as well as coking coal and cobalt. For more than a decade, Dr. Rompel evaluated capital projects within Anglo American and was on the board of Spectrem (an Anglo-American Company) as Technical Director. He has worked in many countries on several continents and has well developed multi-linguistic skills.

SERGE PERREAULT

TECHNICAL ADVISOR – GEOLOGY

Mr. Perreault has over 35 years of senior experience in regional geology, mineral exploration, and project management. He holds both a bachelor’s and a master’s degree in geology from the University of Montreal. He worked for more than 17 years at Géologie Québec as a regional geologist, resident geologist, and assistant to the general manager.In 2008, he joined SOQUEM as senior project manager, senior geoscientist, and served as interim general manager from February 2020 to January 2021. Since April 2021, Mr. Perreault has contributed to governance and academia as president of the Ordre des géologues du Québec, lecturer in Chibougamau College Studies Centre, contract research officer at URSTM-UQAT, and as member of SOQUEM’s technical and MCS Network scientific committees

MURRAY BROWN

TECHNICAL ADVISOR – METALLURGY

Mr. Brown is a senior metallurgist with over 35 years experience that includes research & development, technical support, operations, and most recently consulting engineering roles, through which he has gained a solid grounding in the extractive metallurgy of copper, zinc, lead, silver, gold, and rare earths. His early career includes 15+ years combined experience with Noranda Minerals Inc. and Teck Metals and he recently completed 15 years as a consultant with BBA Inc. Working collaboratively with recognized experts in the field of chloride (mixed halide) hydrometallurgy with specialization in rare earths, he has acquired an appreciation for the challenges of rare earths processing in remote settings coupled with the associated logistical challenges. He is a member in good standing with the Order of Engineers of Quebec and earned both Bachelor’s and Master’s degrees in engineering from the (then) Department of Mining & Metallurgy at McGill University.

STEVE SIMARD

TECHNICAL ADVISOR – ENGINEERING

Mr. Simard, Eng., has over 25 years of experience in Canada and internationally in various sectors of the mining industry, including the development and operation of open-pit and underground mines. He has been involved in mining projects at different stages, including development, environmental assessment, tailings ponds, construction, and operations. He has contributed to various economic studies, including those for Doré Copper, an underground copper project in Chibougamau, Quebec, Canada, and for Black Rock Metals, an open-pit iron and vanadium mine project, also in Chibougamau. He worked for Consolidated Thompson Iron Mine on the construction and commissioning of the Bloom Lake iron mine in Fermont, Quebec, Canada.

AARON ATIN

CORPORATE SECRETARY

Mr. Atin is a corporate and securities lawyer with securities, mergers and acquisition and corporate finance experience. Mr. Atin is currently a legal consultant to various Toronto Stock Exchange, TSXV and CSE listed companies in various sectors including mining, financial services, agriculture and technology. Mr. Atin began his legal career as a corporate law associate at Davies Ward Phillips & Vineberg LLP. Mr. Atin holds a Bachelor of Arts from the University of Waterloo and a J.D. from the University of Toronto, Faculty of Law.

Ryan PTOLEMY

Chief financial officer

Mr. Ptolemy is a CPA, CGA and CFA charter holder and obtained a B.A. from Western University. He serves as CFO to a number of public and private companies in the mining sector, particularly exploration and development stage companies in South America. Mr. Ptolemy formerly served as CFO for an independent investment dealer in Toronto where he was responsible for financial reporting, auditing, budgeting and internal controls.

DIRECTORS

BRETT LYNCH

executive CHAIRMAN

Mr. Lynch is a highly experienced international company director and chief executive, with a strong background in mining and mining-related businesses across Australia, Asia and North America and a proven track record in advancing shareholder value. As a senior mining engineer and manager, Mr. Lynch has more than 30 years’ experience in the global industry, including previous posts with leading resource companies such as MIM Holdings, New Hope Corporation, Orica and VLI, during which time he was responsible for multi-million dollar international operations. Mr. Lynch’s professional qualifications include a Bachelor of Engineering (Mining) (Honours) at the University of Melbourne, a Graduate Diploma of Business (Accounting) at Monash University and a Company Director Diploma from the Australian Institute of Company Directors.

RICHARD QUESNEL

Director

Mr. Quesnel served 5+ years as President and Chief Executive Officer of Consolidated Thompson Iron Mines. He has 40+ years of senior mine management and senior mining engineering experience at large gold, copper, nickel, and iron ore mining operations in Canada, and Western USA. He has successfully developed, commissioned, operated, and expanded mining operations, both open pit, and underground. Throughout his career, Richard Quesnel has worked as a mine manager and mining engineer for several mining companies including Barrick Goldstrike, Quebec Cartier Mining, Placer Dome, JS Redpath Limited, and Ledcor CMI Limited. Mr. Quesnel is also a director of Sama Resources Inc. He is a Professional Mining Engineer in Quebec and holds a Bachelor of Science degree in Mining Engineering from McGill University.

Robert Bryce

Director

Robert Bryce is a graduate of the University of Toronto (BASc.) and of the University of Western Ontario (MBA) with more than 50 years of practical and executive mining experience at all levels. From 1975 to 1990, he led the Selbaie project from advanced exploration through feasibility to a 7,500 t.p.d. producing mine. From 1990 to 1994 he was VP Mining for Aur Resources, where he led the development of the 4,000 t.p.d. Louvicourt Cu-Zn-Au-Ag mine near Val d’Or, Quebec. Mr. Bryce founded Xemac Resources (now Vision Lithium) in 1996 and presided over the company until 2007. He has served as a director of several publicly listed junior resource companies, and as a technical advisor to others.

MAXIME LEMIEUX, LLB

Director

Mr. Lemieux is part of the Corporate Group at MacMillan LLP in Montréal. He is primarily acting for public companies, agents, securities distributors and underwriters in Canada, to which he offers legal counseling services on public and private offerings and on mergers and acquisitions. He has been a member of the Quebec bar since 2006, completed a LL.L and a LL.B at the University of Ottawa as well as an MBA at Laval University and the Fachhoschule Kiel in Germany.

Dr. Andreas Rompel

Director – SEE MANAGEMENT SECTION

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