Collective Metals amends financing terms

Executive Summary

• Collective Metals Inc. amended the warrant exercise price in its previously announced non‑brokered private placement, increasing it from $0.10 to $0.105 per share.
• The financing seeks gross proceeds of up to $1,499,999.93 through the sale of up to 17,647,058 units at $0.085 per unit.
• All other terms—including unit composition, hold period, and potential finder’s fees—remain unchanged.

Key Details

• Financing Size: Up to $1,499,999.93 in gross proceeds.
• Units Offered: Up to 17,647,058 units at a purchase price of $0.085 per unit.
• Unit Composition: Each unit = 1 common share + 1 transferable common‑share purchase warrant.
• Warrant Terms (Amended): Exercise price increased from $0.10 to $0.105 per share; each warrant exercisable for one additional share within two years of closing.
• Accelerated Expiry Clause: Remains unchanged – warrants may expire 30 days after a news release if CSE share price ≥ $0.20 for ten consecutive trading days.
• Hold Period: Four months and one day on all securities issued under the placement.
• Finder’s Fees: Company may pay fees to eligible finders, subject to securities law compliance and CSE policies.
• Exemptions: Offer relies on exemptions from prospectus and registration requirements for qualified investors.

Notable Quotes

(No executive quotes were provided in the release.)