CAT Strategic Announces Rights Offering

Core Viewpoint - CAT Strategic Metals Corporation is initiating a rights offering to its shareholders, allowing them to purchase additional units at a specified price, aimed at raising funds for business expansion and working capital [1][8]. Rights Offering Details - Shareholders will receive one transferable right for each common share held, allowing them to subscribe for one unit at a subscription price of $0.0075 per unit [2]. - Each unit consists of one common share and one warrant, with each warrant allowing the purchase of an additional common share at $0.05 for a period of 60 months [2]. - The offering is not subject to a minimum subscription level, with a maximum of 277,793,411 units available, potentially raising approximately $2,083,450.58 [3]. Trading and Expiry Information - Rights will trade on the Canadian Securities Exchange under the symbol "CAT.RT" until November 21, 2025, after which unexercised rights will be void [4]. - Eligible shareholders can subscribe for additional units on a pro rata basis if available, after fully exercising their rights [5]. Subscription Process - Registered shareholders in eligible jurisdictions must submit their subscription forms and payment by November 21, 2025 [6]. - Rights certificates will not be mailed to shareholders outside eligible jurisdictions unless they can prove eligibility [7]. Use of Proceeds - Proceeds from the rights offering are intended for future business expansion opportunities and general corporate purposes [8]. Company Overview - CAT Strategic Metals focuses on sourcing and advancing mineral properties, primarily in lithium, copper, gold, silver, and tellurium [10].