CLM Appoints INFOR Financial Inc. For Market Maker Services
July 04 2023 - 5:00PM
CONSOLIDATED LITHIUM METALS INC. (TSXV: CLM;
OTCQB: JORF; FRA: 2JR1) (“
CLM” or the
“
Company“) is pleased to announce that it has
retained INFOR Financial Inc. (“
INFOR Financial”)
to provide market making services on the TSX Venture Exchange
(“
TSXV”), in compliance the rules and policies of
the TSXV.
Under the terms of the agreement, INFOR
Financial will trade the Company’s common shares on the TSXV for
the purpose of maintaining an orderly market and to provide
liquidity. INFOR Financial is an arm’s length party from CLM that
provides broker-dealer services and principally operates out of
Toronto, Canada. As consideration for its services, CLM has agreed
to pay INFOR Financial $10,000 per month for an indefinite term of
no less than twelve months. Either party may terminate the
agreement upon thirty days' prior written notice. There are no
performance factors contained in the agreement and INFOR
Financial’s compensation does not include any securities of the
Company. To the Company’s knowledge, as of the date of this press
release, INFOR Financial and its directors and officers own,
directly or indirectly, less than 1% of CLM’s shares. The
engagement of INFOR Financial remains subject to approval of the
TSXV.
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 “2JR1” on the Stuttgart 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@jourdaninc.comPhone: (416) 861-5800www.jourdaninc.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 engagement of INFOR Financial as a market
maker. 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
the Company to be materially different from those expressed or
implied by such forward looking information, including but not
limited to: receipt of necessary approvals. Although the Company
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. The Company
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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