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New Brunswick

CAT Strategic Metals Closes Pr


VANCOUVER, BC / ACCESSWIRE / December 30, 2022 / CAT Strategic Metals Corporation (CSE:CAT)(OTC PINK:CATTF)(FR:8CH, Financially) (“CAT” or the “Pursue“) is pleased to announce that it has completed the non-brokered private placement (the “Offering”) described in its press release dated October 28, 2022. In connection with the closing of the Offering, the Company has issued an aggregate of 25,000,000 units (the “Units”) at a price of $0.03 per Unit for gross proceeds of $750,000. Each Unit consists of one common share of the Company (a “Share”) and one whole, non-transferable common share purchase warrant (a “Warrant”). Each whole Warrant is exercisable to purchase one share at an exercise price of $0.05 per share until December 29, 2025, 36 months from the date of issuance.

CAT intends to use the net proceeds from the Offering for expenses related to ongoing exploration of CAT’s properties and for general working capital purposes. The Company will not pay finder’s fees in connection with Subscriber subscriptions presented to this Offer.

The securities issued under the offering and any shares that may be issued upon exercise of such securities are subject to a statutory hold period of four months and one day from the date of issuance of such securities.

About CAT Strategic Metals Corporation (CAT)

CAT Strategic Metals’ corporate strategy, reflected in its overall mission statement, is to source, identify, acquire and advance concession interests in mineral districts that have demonstrated world-class potential, principally for uranium, lithium, gold and copper. In addition to the priority South Preston Uranium Project, CAT is focused on advancing the Burntland Project in New Brunswick, Canada; the Gold Jackpot strategic metals property northeast of Elko, Nevada, USA; and the Kamativi Lithium Project in Northern Matabeleland Province, Zimbabwe, Africa. CAT’s shares trade on the Canadian Securities Exchange (CSE) under the symbol “CAT”, OTC under the symbol CATTF and on the Frankfurt Stock Exchange under the symbol “8CH”.


Robert Roesner
Chairman, President & CEO

Additional information about the company is available on SEDAR at www.sedar.comby visiting the Company’s website www.catstrategic.com or contact the company directly at (604) 674-3145.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933as amended (the “US Securities Act“) or state securities laws and may not be offered or sold within the United States or to US persons unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.

Cautionary Statement Regarding Forward-Looking Information

Certain information in this press release constitutes “forward-looking information” or “forward-looking statements” (collectively, “forward-looking information”). Without limiting the foregoing, such forward-looking information includes statements regarding the process and completion of the Offering, use of proceeds from the Offering and any statements about the Company’s business plans, expectations and objectives. Words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” are used in this press release. ” and similar words and their negative forms are used to identify forward-looking information. Forward-looking information should not be read as guarantees of future performance or results and is not necessarily an accurate statement of whether or when, or when, any such becomes future performance will be achieved.Forward-looking information is based on information currently available and/or management’s good faith beliefs as to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the control of For more information on these and other factors and assumptions underlying the forward-looking information contained in this press release, please see Management’s most recent Discussion and Analysis and the year The Company’s financial statements and other documents filed by the Company with the Canadian securities regulators and the Canadian Securities Commission discuss the risk factors set forth therein. Such documents are available at www.sedar.com under the company’s profile and on the company’s website,www.catstrategic.com. The forward-looking information contained herein reflects the Company’s expectations as of the date of this press release and is subject to change after that date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

We’re looking for a safe haven.

SOURCE: CAT Strategic Metals Corporation

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