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CAT Strategic Announces Rights Offering
Vancouver, British Columbia--(Newsfile Corp. - October 21, 2025) - CAT Strategic Metals Corporation (CSE: CAT) (OTC Pink: CATTF) (FSE: 8CH) ("CAT" or the "Company") is pleased to announce that it will be undertaking a rights offering (the "Rights Offering") to holders (the "Shareholders") of its common shares (the "Common Shares") as of the record date of October 28, 2025 (the "Record Date").Under the Rights Offering, Shareholders will receive one (1) transferable right (a "Right") for each one.
About this update from Cat Strategic Metals Corporation
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - October 21, 2025) - CAT Strategic Metals Corporation (CSE: CAT) (OTC Pink: CATTF) (FSE: 8CH) ("CAT" or the "Company") is pleased to announce that it will be undertaking a rights offering (the "Rights Offering") to holders (the "Shareholders") of its common shares (the "Common Shares") as of the record date of October 28, 2025 (the "Record Date").","length":455,"tagName":"p"},{"type":"text","content":"Under the Rights Offering, Shareholders will receive one (1) transferable right (a "Right") for each one (1) Common Share held. Each Right will entitle the holder to subscribe for one (1) unit (a "Unit") at a subscription price of $0.0075 per Unit (the "Subscription Price"). Each Unit will consist of one (1) Common Share and one (1) Common Share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to purchase one (1) additional Common Share at a price of $0.05 per share for a period of sixty (60) months following the closing of the Rights Offering.","length":616,"tagName":"p"},{"type":"text","content":"The Rights Offering is not subject to any minimum subscription level. A maximum of 277,793,411 Units may be issued under the Rights Offering, for maximum aggregate gross proceeds of approximately $2,083,450.58.","length":210,"tagName":"p"},{"type":"text","content":"The Rights will trade on the Canadian Securities Exchange (the "CSE") under the symbol "CAT.RT" until 12:00 p.m. (Eastern Time) on November 21, 2025, after which time unexercised Rights will be void and of no value. The Common Shares and Warrants issuable upon exercise of the Rights will be listed on the CSE under the symbols "CAT" and "CAT.WT", respectively, subject to the Company fulfilling the listing requirements of the CSE.","length":472,"tagName":"p"},{"type":"text","content":"Eligible Shareholders who fully exercise their Rights under the basic subscription privilege will also be entitled to subscribe, on a pro rata basis, for additional Units, if available, that were not subscribed for by other holders of Rights, subject to certain limitations as set out in the Company's Rights Offering circular dated October 21, 2025 (the "Circular"), which will ...