Business
CAT Strategic Metals Announces Rights Offering Closing
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2025) - CAT Strategic Metals Corporation (CSE: CAT) (OTC Pink: CATTF) (FSE: 8CHA) ("CAT" or the "Company") is pleased to announce the closing of its previously announced rights offering on November 24, 2025. The Company received 46,802,243 subscriptions for units pursuant to the basic subscription privilege and an additional 14,958,000 subscriptions pursuant to the additional subscription privilege (the "Offering"). As such, a total of..
About this update from Cat Strategic Metals Corporation
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 4, 2025) - CAT Strategic Metals Corporation (CSE: CAT) (OTC Pink: CATTF) (FSE: 8CHA) ("CAT" or the "Company") is pleased to announce the closing of its previously announced rights offering on November 24, 2025. The Company received 46,802,243 subscriptions for units pursuant to the basic subscription privilege and an additional 14,958,000 subscriptions pursuant to the additional subscription privilege (the "Offering"). As such, a total of 61,760,243 units (the "Units") were purchased for gross proceeds of $463,201.82. The net proceeds of the Offering will be used towards exploration expenditures at its Burntland Project and for working capital and general corporate purposes.","length":779,"tagName":"p"},{"type":"text","content":"Each Unit consists of one common share (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable into one Common Share at a price of $0.05 per share until 4:00 p.m. (Pacific Time) on November 21, 2030. The Warrants are currently listed on the Canadian Securities Exchange under the trading symbol "CAT.WT".","length":378,"tagName":"p"},{"type":"text","content":"To the knowledge of the Company, after reasonable inquiry, no director, officer or insider of the Company purchased any Units. To the knowledge of the Company, after reasonable inquiry, no person became a new shareholder holding more than 10% of the Common Shares upon closing of the Offering.","length":293,"tagName":"p"},{"type":"text","content":"Following the closing of the Offering, the Company will have 339,553,654 Common Shares issued and outstanding, before exercise of the Warrants.","length":143,"tagName":"p"},{"type":"text","content":"This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities within the United States, and such securities may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States or any "U.S. person" (as defined in Regulation S under the U.S. Securities Act of 1933, as amended), unless registered under the U.S. Securities Act and applicable state securities laws, or pursuant to an exemption from such registration requirements.","length":5...