- CAT Strategic Metals (CAT) has closed its C$750,000 non-brokered private placement
- The company issued 25,000,000 units at a price of $0.03 per unit
- It intends to allocate the net proceeds toward general working capital and ongoing exploration activities
- CAT Strategic Metals seeks to acquire and advance world-class mineral properties with a focus on uranium, lithium, gold and copper
- CAT Strategic Metals (CAT) opened unchanged, trading at $0.015 per share
CAT Strategic Metals (CAT) has closed its C$750,000 non-brokered private placement.
The company issued 25,000,000 units at a price of $0.03 per unit.
Each unit consists of one common share and one non-transferable common share purchase warrant.
Each warrant is exercisable to acquire one common share for $0.05 until December 29, 2025.
CAT intends to allocate the net proceeds toward general working capital and ongoing exploration activities.
The company’s South Preston Project in the Athabasca Basin may host an extension of the priority uranium exploration corridor extending from NexGen Energy’s Rook-1 Project through Azincourt Energy’s adjacent East Preston Uranium Project.
CAT Strategic Metals seeks to acquire and advance world-class mineral properties with a focus on uranium, lithium, gold and copper. It is active on properties in Canada, the U.S. and Africa.
CAT Strategic Metals (CAT) opened unchanged, trading at $0.015 per share.