TradingCharts
4月前
Consolidated Lithium Metals Provides Update on Kwyjibo Rare Earth Project
GlobeNewswireFeb 5, 2026
https://money.tmx.com/quote/CLM:CC/news/5260063330662576/Consolidated_Lithium_Metals_Provides_Update_on_Kwyjibo_Rare_Earth_Project
TORONTO, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | FRA: Z36 | OTCQB: JORFF) (“CLM” or the “Company”) announces today that it has entered into an amendment effective February 4, 2026 (the “Amendment”) to the previously announced definitive agreement dated November 17, 2025, between the Company and SOQUEM Inc. (“SOQUEM”), a wholly owned subsidiary of Investissement Québec, pursuant to which the Company has acquired an option to earn, subject to the satisfaction of certain conditions, an undivided interest of up to 80% in the Kwyjibo Rare Earth Project (the “Project”), located 125 km northeast of the city of Sept-Îles, in the Côte-Nord region of Québec (the “Transaction”). The purpose of the Amendment is to clarify certain provisions with respect to the mechanism of issuing common shares of the Company (“Common Shares”) to SOQUEM as consideration pursuant to the Transaction (the “Consideration Shares”), further to the review of the Transaction by the TSX Venture Exchange (“TSXV”).
Pursuant to the Amendment:
the number of Consideration Shares issuable to SOQUEM as consideration to earn a 60% and an additional 20% undivided interest in the Project is limited to no more than an aggregate of 110,000,000 and 90,000,000 Common Shares, respectively;
no Consideration Shares shall be issued to SOQUEM if, as a result of such issuance, SOQUEM’s undiluted holding of CLM’s common shares would represent 10% or more of the issued and outstanding Common Shares, or if SOQUEM would otherwise become an insider of CLM, in which case CLM shall have the right to pay the applicable milestone amount to SOQUEM in cash in lieu of issuing Consideration Shares;
SOQUEM undertook not to acquire Common Shares without approval of the TSXV if, as a result of such acquisition, SOQUEM’s undiluted holding of Common Shares would represent 10% or more of the issued and outstanding Common Shares; and
no Consideration Shares shall be issued to SOQUEM if the applicable closing price of Common Shares on the TSXV is less than $0.05, in which case CLM will pay the applicable milestone amount to SOQUEM in cash in lieu of issuing Consideration Shares.
In addition, the Company notes that the Project remains subject to a 1.5% net smelter return royalty in favor of Iron Ore Company of Canada. For more information about the Transaction, please see the Company’s press release dated November 18, 2025, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca.
Richard Quesnel, President and CEO of CLM, stated: “This amendment aligns the option structure with regulatory requirements, while maintaining our ability to advance the Project, and underscores our focus on responsible growth, capital discipline, and long-term value creation as we continue to advance the rare earth opportunity.”
About Consolidated Lithium Metals Inc.
Consolidated Lithium Metals Inc. is a Canadian junior mining exploration company trading under the symbol “CLM” on the TSX Venture Exchange, “Z36” on the Frankfurt Stock Exchange, “JORFF” on the OTCQB® Venture Market. The Company is focused on the exploration and development of critical mineral projects in stable jurisdictions. The Company is committed to supporting the energy transition through the responsible development of critical mineral supply chains.
TradingCharts
5月前
Effective January 8, 2026, CLM began trading under the symbol “JORFF.” Investors can access real-time quotes and market information at https://www.otcmarkets.com/stock/JORFF/overview.
https://investorshub.advfn.com/stock-market/USOTC/consolidated-lithium-met-qb-JORFF/stock-news/97583437/consolidated-lithium-metals-inc-commences-trading
Richard Quesnel, President and CEO of CLM, stated: “We’re pleased to enhance visibility and access for our U.S. shareholders through this OTCQB® listing. It marks an important step in our plan to broaden our investor base.”
The Company also announced today that it has granted an aggregate amount of 6,460,000 stock options to certain directors, officers and consultants pursuant to its equity incentive plan. The options vest every four months over a one-year period, are subject to a four-month hold period from the date of grant, and may be exercised at a price of $0.06 per option for a period of five years from the date of grant. The grant of options remains subject to the approval of the TSX Venture Exchange.
TradingCharts
5月前
🗂️ 1. Chronological Timeline of CLM Announcements
(Based entirely on the news items and posts visible on the page)
2023
Aug–Dec 2023:
Corporate presentation (July 2023)
Acquisition of additional lithium concessions
Drilling commences on Vallée JV
Baillargé summer program completed
$3M private placement financing
Multiple drilling results (e.g., 1.04% Li2O over 6.46 m)
Management and board changes
Lithium drilling program begins at East Vallée
2024
June 2024:
CLM intersects 1.18% Li2O over 4.00 m
Oct 2024:
Trading halt by CIRO
Late 2024:
Additional drilling and property updates
2025
Aug 2025:
“As of the latest available data…” posts summarizing corporate status
Questions about SOQUEM and JV structure
Oct 2025:
CLM amends previously announced financing
Extends exclusivity period of LOI with SOQUEM
Announces $2.5M private placement
Corporate update webinar announced
Nov 2025:
Closing of LIFE offering
Nov 18, 2025:
Major milestone:
CLM signs definitive agreement with SOQUEM to earn up to 80% of the Kwyjibo Rare Earth Project
Dec 2025:
Continued discussion of consolidation, financing, and project advancement
This timeline shows a classic junior-miner progression: drilling ? financings ? JV partnerships ? expansion into adjacent critical minerals.
🗺️ 2. Breakdown of CLM’s Properties & Geological Context
A. Vallée Lithium Property
Repeated drilling results posted on the page
Located adjacent to or near major Québec lithium assets
Intersections of 1.04%–1.18% Li2O over multi-meter intervals
Pegmatite-hosted lithium typical of the Abitibi greenstone belt
B. Baillargé Property
Summer program completed (Oct 2023)
Likely early-stage mapping, sampling, and drilling
C. East Vallée
Lithium drilling program commenced (May 2024)
Suggests step-out exploration from the main Vallée trend
D. Kwyjibo Rare Earth Project (via SOQUEM JV)
The most recent and strategically important asset
CLM can earn up to 80%
Kwyjibo is a known Québec REE-Fe-Cu project
Aligns CLM with Québec’s critical minerals strategy
Geological Context
Québec’s Abitibi region is emerging as a hard-rock lithium district
CLM’s properties sit within or adjacent to known spodumene-bearing pegmatite corridors
Grades reported (1%+ Li2O) are consistent with early-stage but promising pegmatite systems
🧭 3. Strategic Assessment: CLM’s Position in the Québec Lithium Ecosystem
Here’s where your analytical instincts kick in, Tom — and the page content gives us enough to map CLM’s strategic posture.
A. Strengths
Multiple lithium properties in a proven district
Consistent drill results showing spodumene mineralization
Partnership with SOQUEM, a Québec government-backed entity
This is a major credibility signal
SOQUEM partnerships often precede accelerated development
Expansion into rare earths via Kwyjibo
Diversifies risk
Aligns with Québec’s critical minerals push
Active financing pipeline
Multiple private placements
LIFE offering closed
B. Weaknesses / Risks
Still pre-resource (no NI 43-101 resource estimate visible on the page)
Heavy reliance on continuous financing
Lithium market volatility
Competition from larger Québec players (Sayona, Piedmont, Patriot, Winsome, etc.)
C. Opportunities
Québec’s government is aggressively supporting critical minerals
SOQUEM partnership could accelerate permitting and exploration
Rare earth exposure (Kwyjibo) gives CLM a second strategic commodity
Consolidation trend in Québec lithium could make CLM a takeover target
D. Threats
Market downturns affecting junior miners
Drilling results may not scale into economic tonnage
Financing dilution
Competition for skilled labor and drill capacity in Québec
🎯 Final Synthesis
Based on the page you’re viewing:
Consolidated Lithium Metals Inc is a Québec-focused lithium explorer (formerly Jourdan Resources) that is steadily advancing multiple pegmatite properties, consistently raising capital, reporting drill results, and now expanding into rare earths through a major partnership with SOQUEM.
It is positioned as a small but strategically aligned player in Québec’s critical minerals ecosystem, with potential upside if its drilling continues to confirm scale or if consolidation accelerates in the region.
TradingCharts
6月前
Consolidated Lithium Metals Inc. Signs Definitive Agreement with SOQUEM to Earn up to 80% Undivided Interest in the Kwyjibo Rare Earth Project, Québec
Consolidated Lithium Metals Inc. - GlobeNewswire - Tue Nov 18, 6:30AM CST
https://www.theglobeandmail.com/investing/markets/stocks/JORFF/pressreleases/36179906/consolidated-lithium-metals-inc-signs-definitive-agreement-with-soquem-to-earn-up-to-80-undivided-interest-in-the-kwyjibo-rare-earth-project-quebec/
TORONTO, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | FRA: Z36) (“CLM” or the “Company”) is pleased to announce that it has entered into on November 17, 2025 a binding definitive agreement (“DA”) with SOQUEM Inc. (“SOQUEM”), a wholly owned subsidiary of Investissement Québec, pursuant to which the Company has acquired an option to earn, subject to the satisfaction of certain conditions, an undivided interest of up to 80% in the Kwyjibo Rare Earth Project (the “Project”), located 125 km northeast of the city of Sept-Îles, in the Côte-Nord region of Québec (the “Transaction”).
TradingCharts
8月前
TORONTO, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | FRA: Z36) (“ CLM ” or the “ Company ”) is pleased to announce that it will be hosting a corporate update presentation with analysts and investors via live webinar on Wednesday, October 22, 2025, at 4:30 p.m. (Toronto time). Participants can register to attend at the following web address:
Registration link: https://us02web.zoom.us/meeting/register/97-DDgRsQ0qxA4CbpSCuhw
Specifically, the webinar will feature CLM’s Chief Executive Officer, Richard Quesnel, to discuss updates on the Company’s business developments.
https://money.tmx.com/quote/CLM/news/4541551147931313/Consolidated_Lithium_Metals_to_Host_Live_Webinar_to_Discuss_Corporate_Update
TradingCharts
9月前
As of the latest available data, Consolidated Lithium Metals Inc. (CLM) has the following share structure:
Category Amount
Authorized Shares Unlimited
Outstanding Shares 243,363,723
Restricted Shares 23,512,500
Unrestricted Shares 219,851,223
Float 91,429,112
Held at DTC 8,264,883
Par Value No Par Value
🔍 Implications for Investors:
The large float and unrestricted share count suggest CLM has ample liquidity for retail and institutional trading.
The restricted shares may be tied to insider holdings, escrow agreements, or recent financings.
With no par value, CLM has flexibility in structuring equity deals, which is useful for JV transactions like the SOQUEM earn-in.
TradingCharts
9月前
Who is soquem
SOQUEM is a Québec government-backed mineral exploration company, and a wholly owned subsidiary of Investissement Québec. Its mission is to promote the exploration, discovery, and development of Québec’s mineral resources, especially those deemed strategic for the province’s economic and industrial future.
🧭 What SOQUEM Does
Explores and develops mining properties across Québec
Focuses on strategic minerals like gold, lithium, rare earths, and base metals
Partners with junior and mid-tier companies to advance promising projects
Conducts geophysics, drilling, and metallurgical studies to de-risk assets
Supports local economies and Indigenous partnerships through responsible development
🏛️ Why It Matters
SOQUEM isn’t just another exploration outfit — it’s a public-sector anchor for Québec’s critical minerals strategy. Its involvement in a project (like the Kwyjibo Rare Earth Project with CLM) signals:
Government endorsement
Access to infrastructure and permitting pathways
Alignment with Québec’s industrial policy on electrification, battery metals, and supply chain sovereignty
If CLM secures this earn-in, it’s not just acquiring a rare earth asset — it’s stepping into a strategic corridor backed by provincial capital and policy momentum. Want to model how this affects CLM’s valuation or simulate a JV scenario with Sayona or Elevra Lithium? I’m ready when you
TradingCharts
9月前
Consolidated Lithium Metals Inc. Signs Letter of Intent with SOQUEM to Earn up to 80% Interest in the Kwyjibo Rare Earth Project, Québec
06:30 AM CDT, August 27, 2025
TORONTO, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | FRA: Z36) (“CLM” or the “Company”) is pleased to announce that it has entered into a non-binding letter of intent (“LOI”) effective July 31, 2025, with SOQUEM Inc. (“SOQUEM”), a wholly owned subsidiary of Investissement Québec, pursuant to which (subject to completion of several conditions precedent) the Company may acquire an option to earn up to an 80% interest in the Kwyjibo Rare Earth Project (the “Project”), located 125 km northeast of the city of Sept-Îles, in the Côte-Nord region of Québec (the “Proposed Transaction”).
Proposed Transaction Summary
Phase I – CLM to acquire a 60% undivided interest in Project
Pursuant to the terms of the LOI, CLM may earn a 60% interest in the Project and be appointed as its operator in exchange for payments and issuances of common shares of the Company totalling an aggregate of C$23.15m within five years following the closing date of the Proposed Transaction (the “Phase I Term”), allocated as follows (in each case subject to and in accordance with the rules and policies of the TSX Venture Exchange (“TSXV”)):
C$5.65m in cash to SOQUEM;
C$5.50m payable to SOQUEM in common shares of the Company, at a deemed price per share to be mutually agreed by the parties; and
C$12.00m invested in the Project to advance the following key stages of the Project's development:
Negotiation and ratification of an impacts and benefits agreement with the Innu of Takuaikan Uashat mak Mani-utenam;
Metallurgical study to confirm environmental viability of extraction and processing of rare earth in the region of the Project;
Environmental permitting from the Bureau d'accélération de projets;
Initiation of at least a 5,000m drilling campaign for potential expansion of Project’s resources; and
Initiation of a bankable feasibility study to evaluate the technical and economic viability of the Project (the “Feasibility Study”).
Phase II – CLM to acquire an additional 20% undivided interest in the Project, for a total of 80%
Following completion of Phase I, CLM may earn an additional 20% interest in the Project (for a total of 80%) in exchange for payments or issuances of common shares of the Company totalling an aggregate of an additional C$22.00m within three years following completion of the Phase I Term, allocated as follows (in each case subject to and in accordance with the rules and policies of the TSXV):
C$4.50m in cash to SOQUEM;
C$4.50m payable to SOQUEM in common shares of the Company, at a deemed price per share to be mutually agreed by the parties; and
C$13.00m invested in the Project to advance the following Project milestones:
Completion of the Feasibility Study;
Access road construction;
Electrical transmission line construction;
Underground mine construction; and
Processing Facility construction.
The LOI also contemplates the following:
SOQUEM has granted CLM a legally binding exclusivity period respecting the Project, ending on October 31, 2025;
CLM shall be entitled to enter into discussions with SOQUEM and Investissement Québec to acquire the remaining 20% interest in the Project; and
CLM anticipates financing the Proposed Transaction through a combination of internal and external project financing resources, the support of existing shareholders, and the assistance of financial advisors.
Throughout Phases I and II, CLM expects to act as Project operator in collaboration with SOQUEM. CLM anticipates that the definitive agreement respecting the Proposed Transaction (the “Definitive Agreement”) shall be negotiated and executed on or before the end of the Exclusivity Period, being October 31, 2025.
About the Project
The Project consists of mining claims, applications, leases or other forms of mineral rights hosting an Iron Oxide Copper Gold (IOCG)-style mineral system with significant rare earth enrichment, particularly neodymium (Nd), praseodymium (Pr), dysprosium (Dy), Yttrium (Y) and terbium (Tb).
The Project is located near established infrastructure, including the QNS&L rail line and the Port of Sept-Îles, and the Company believes it can benefit from access to Québec’s hydroelectric power grid.
SOQUEM has conducted extensive exploration, geophysics, and metallurgical test work to date, which the Company believes establishes a foundation for the advancement towards feasibility.
Management Commentary
Richard Quesnel, CEO of CLM, commented:
“This LOI with SOQUEM represents a unique opportunity to potentially partner with a Québec government-backed entity on what we believe to be one of the province’s most strategically important rare earth assets. With a forecasted demand increase for NdPr and heavy rare earths, we anticipate that the Project positions CLM as a potential key supplier to North American and European supply chains. The phased earn-in structure described in the LOI ensures disciplined capital allocation as we advance this Project toward development.”
The Proposed Transaction is an arm’s length transaction for the purposes of the policies of the TSXV and remains subject to several closing conditions including, without limitation, (a) execution of a Definitive Agreement between the parties, (b) the receipt by the Company of all necessary corporate and regulatory approvals, including the approval of the TSXV, (c) each party's representations and warranties in the Definitive Agreement being true and correct in all aspects as of the closing date, and (d) each party satisfying its covenants and obligations as contained in the Definitive Agreement. There can be no guarantees that the Proposed Transaction will be completed as contemplated or at all. The Proposed Transaction is anticipated to close on or before October 31, 2025.
Qualified Person
The scientific and technical information contained herein has been reviewed and approved by Mr. Jean Lafleur, P. Geo./ géo. (OGQ, #833), Technical Advisor to the Company, who is a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About Consolidated Lithium Metals Inc.
Consolidated Lithium Metals 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 exploration and development of critical mineral projects in stable jurisdictions. The Company is committed to supporting the energy transition through the responsible development of critical mineral supply chains.
About SOQUEM
SOQUEM, a subsidiary of Investissement Québec, is dedicated to exploring, discovering and developing mining properties in Québec. SOQUEM also contributes to maintaining strong local economies. Proud partner and ambassador for the development of Québec’s mineral wealth, SOQUEM relies on innovation, research, and strategic minerals to be well positioned for the future.
TradingCharts
2年前
INSIDERS CONFIDENT CLM IS READY FOR GROWTH
March 4, 2024
https://consolidatedlithium.com/insiders-confident-clm-is-ready-for-growth/
Toronto, Canada – 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.”
TradingCharts
3年前
Drilling Commences on CLM’s Vallée Joint Venture
September 14, 2023
The Vallée JV is located immediately adjacent to, and along strike of Sayona Mining Inc.’s (“Sayona”) North America Lithium (“NAL”) operation, the largest lithium operation in North America (see Figure 1). The project is owned by CLM, with NAL having an option to earn up to a 51% interest in the Vallée JV (see the Company’s news releases dated November 14, 2022 and December 19, 2022). NAL is required to spend $4 million on exploration activities prior to November 14, 2023 to earn an initial 25% interest in the Vallée JV. NAL has a second option to spend an additional C$6 million by November 14, 2024 to earn a cumulative 50% interest.
https://www.globenewswire.com/news-release/2023/09/14/2743120/0/en/Drilling-Commences-on-CLM-s-Vall%C3%A9e-Joint-Venture.html
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