CAT Strategic Announces Rights Offering

Executive Summary

• CAT Strategic Metals announced a non‑withdrawn rights offering of up to 277,793,411 Units at $0.0075 per Unit, targeting gross proceeds of approximately $2.08 million.
• Each Unit consists of one common share and one warrant allowing purchase of an additional share at $0.05 for up to 60 months.
• Proceeds are earmarked for future business expansion, working capital and general corporate purposes.

Key Details

• Record Date: October 28 2025 – shareholders entitled to receive one transferable right per common share held.
• Subscription Price: $0.0075 per Unit (1 Common Share + 1 Warrant).
• Maximum Units Issuable: 277,793,411 Units → ≈ $2,083,450.58 gross proceeds if fully subscribed.
• Warrant Terms: Each warrant permits purchase of one additional common share at $0.05 per share; exercisable for 60 months after the rights offering closes.
• Rights Trading Symbol: “CAT.RT” on the CSE; trading ends 12:00 p.m. ET on November 21 2025, after which unexercised rights become void.
• Listing of Underlying Securities: Common shares will trade under “CAT”; warrants under “CAT.WT” pending CSE listing compliance.
• Subscription Process: Eligible Canadian shareholders must submit completed subscription forms and payment to Odyssey Trust Company by 12:00 p.m. PT on November 21 2025. Intermediary‑held shareholders receive instructions from their broker/dealer.
• Ineligible Shareholder Treatment: Rights held by the subscription agent until Nov 11 2025; thereafter, the agent will attempt a best‑efforts sale and remit net proceeds to those shareholders.
• Use of Proceeds: Funding future business expansion opportunities, working capital, and general corporate purposes as detailed in the rights offering circular.

Notable Quotes

• “The Rights Offering provides us with flexible, non‑dilutive capital to advance our strategic growth initiatives while giving existing shareholders a meaningful participation opportunity,” – Robert Rosner, Chairman, President & CEO.