CAT Strategic Metals arranges $2.08M rights offering

Executive Summary

• CAT Strategic Metals Corp. has announced a non-brokered rights offering for its existing shareholders, allowing them to purchase units at a subscription price of $0.0075 per unit.
• The offering allows for the issuance of up to 277,793,411 units, with maximum aggregate gross proceeds of approximately $2,083,450.58.
• Proceeds are designated for future business expansion, working capital, and general corporate purposes.

Key Details

• Offering Structure: Rights offering to holders of common shares as of the record date of Oct. 28, 2025.
• 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 Expiry: Warrants are exercisable for a period of 60 months following the closing of the rights offering.
• Maximum Units: 277,793,411 units may be issued.
• Maximum Gross Proceeds: Approximately $2,083,450.58.
• Minimum Subscription: None; the offering is not subject to any minimum subscription level.
• Trading Symbols:
  • Rights: CAT.RT on the Canadian Securities Exchange (CSE).
  • Common Shares: CAT on the CSE.
  • Warrants: CAT.WT on the CSE (subject to listing requirements).
• Key Dates:
  • Record Date: Oct. 28, 2025.
  • Rights Trading Expiry: 12 p.m. Eastern Time on Nov. 21, 2025.
  • Subscription Expiry: 12 p.m. Pacific Time on Nov. 21, 2025.
  • Ineligible Shareholder Rights Sale Deadline: Nov. 11, 2025.
• Use of Proceeds: Financing future business expansion opportunities, working capital, and general corporate purposes.
• Subscription Agent: Odyssey Trust Company.
• Circular: Rights offering circular dated Oct. 21, 2025, to be filed on SEDAR+.