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”).