Financings
CAT Strategic Metals rights offering to expire Nov. 21

CAT · Price
Executive Summary
- CAT Strategic Metals Corp. reminds shareholders of the upcoming expiration of its rights offering on November 21, 2025.
- The rights offering allows shareholders to subscribe for units at $0.0075 per unit, with each unit consisting of one common share and one common share purchase warrant.
- Shareholders are reminded to exercise or sell their rights (symbol CAT.RT) before the deadline, with trading ceasing at 12 p.m. Eastern Time on November 21, 2025.
Key Details
- Rights Offering Structure: Shareholders received one transferable right for each common share held.
- Subscription Price: $0.0075 per unit.
- Unit Composition: Each unit consists of one common share and one common share purchase warrant.
- Warrant Terms: Each whole warrant entitles the holder to purchase one additional common share at a price of $0.05 per share.
- Warrant Expiration: The warrants are exercisable for a period of 60 months following the closing of the rights offering.
- Listing: Common shares and warrants will be listed on the Canadian Securities Exchange (CSE) under symbols CAT and CAT.WT, respectively, subject to listing requirements.
- Oversubscription: Shareholders may oversubscribe for units. If the offering is not fully subscribed, oversubscriptions will be allocated on a pro rata basis.
- Expiration Deadline: Rights expire at 4 p.m. Pacific Time on November 21, 2025.
- Trading Cessation: Trading of rights on the CSE ceases at 12 p.m. Eastern Time on November 21, 2025.
- Ineligible Holders: Rights of ineligible holders are held by Odyssey Trust Company until November 11, 2025.
- Contact Information: Questions regarding the exercise of rights should be directed to Odyssey Trust Company at 1-587-885-0960 or [email protected].
Notable Quotes
- None provided in the text.
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