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ECC Ventures 6 Corp. Capital/Financing Update 2026

Apr 18, 2026

48248_rns_2026-04-17_c2934a31-91fb-4f33-b149-3114b5026c14.pdf

Capital/Financing Update

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FORM 51-102F3
Material Change
Report

Item 1
Name and Address of Company
Consolidated Lithium Metals Inc. (“CLM” or the “Company”)
198 Davenport Road
Toronto, Ontario M5R 1J2
Canada

Item 2
Date of Material Change
April 10, 2026 and April 16, 2026

Item 3
News Release
On April 10, 2026 and April 16, 2026, news releases were disseminated through the newswire services of GlobalNewswire and subsequently filed on SEDAR+ at www.sedarplus.ca.

Item 4
Summary of Material Change
The Company closed the second and final tranche (the “Final Tranche”) of its previously announced non-brokered private placement offering (the “Offering”) of securities of the Company. Together with the first tranche of the Offering, the Company issued 90,503,332 securities, for aggregate gross proceeds of approximately $8,935,320.

In addition, the Company announced that Rene Bharti, a director and a member of the audit committee of the Company, passed away.

Item 5
Full Description of Material Change
On April 10, 2026, it was announced that the Company had closed the Final Tranche of its previously announced Offering. Together with the first tranche of the Offering, the Company issued 90,503,332 securities, for aggregate gross proceeds of approximately $8,935,320. In connection with the Final Tranche, the Company obtained aggregate gross proceeds of approximately $1,050,320 by issuing securities 10,940,830 flow-through shares of the Company (each, a “Critical FT Share”) at a price of $0.096 per Critical FT Share. Each Critical FT Share consists of one common share of the Company (each, a “Common Share”) that will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada).

The net proceeds from the sale of the Critical FT Shares will be used for exploration expenses and critical mineral mining expenditures on the Kwyjibo Rare Earth Project and its lithium properties.

The Critical FT Shares issued pursuant to Canadian prospectus exemptions under NI 45-106 – Prospectus Exemptions are subject to a statutory four-month hold period ending August 11, 2026, pursuant to applicable Canadian securities laws.

The Company paid an aggregate of approximately $84,025 and issued a total of 875,266 non-transferable finder warrants (“Finder Warrants”) as finder’s fees to certain persons, including


Integrity Capital Group Inc., and Research Capital Corporation, in consideration for introducing certain purchasers to the Company.

The Finder Warrants were issued at $0.096 per Finder Warrant. Each Finder Warrant entitles the holder thereof to purchase one Common Share and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.12 until April 10, 2029. The Finder Warrants and Common Shares and Warrants issuable upon exercise of the Finder Warrants are subject to a statutory four-month hold period ending August 11, 2026, pursuant to applicable Canadian securities laws.

The Offering is subject to the final acceptance of the TSX Venture Exchange ("TSXV"). No new insiders were created, nor has there been any change of control, as a result of the Offering.

In addition, on April 16, 2026, the Company announced that Rene Bharti, a director and a member of the audit committee of the Company, passed away.

Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102

Not Applicable

Item 7 Omitted Information

Not Applicable

Item 8 Executive Officer

Aaron Atin, Corporate Secretary
(416) 861-5888
[email protected]

Item 9 Date of Report

April 17, 2026

Cautionary Note Regarding Forward-looking Information

This report 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 Offering, including regulatory and TSXV approvals and the anticipated use of proceeds, and the Company's anticipated business plans or strategies. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of CLM to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including risks related to: regulatory approvals, such as final approval of the TSXV of the Offering; general business, economic, competitive, political, social, and market conditions; accidents, labour disputes and shortages; and other risks of the mining industry. Forward-looking statements contained herein are made as of the date of this press release and CLM disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on


forward-looking statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.