SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian Warrants Only

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: calgarylady who wrote (22631)2/28/2021 8:46:12 PM
From: onepath  Read Replies (2) of 23102
 
CAT.WT....could be trading as early as tomorrow ....unusual as it is not pot or shrooms.....uranium !!!

CAT Strategic arranges $2-million private placement

2021-02-16 12:34 ET - News Release

Mr. Robert Rosner reports

CAT STRATEGIC METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT TO RAISE C$2 MILLION

CAT Strategic Metals Corp. intends to raise $2-million by way of a non-brokered private placement of 25 million units at a price of eight cents per unit. Each unit will consist of one common share of CAT and one common share purchase warrant. Each full warrant will be exercisable to acquire one common share of CAT at an exercise price of 16 cents over a five-year term from the date of closing. Subsequent to the closing of the private placement, the company intends to immediately seek to list the common share purchase warrants on the Canadian Securities Exchange. The company anticipates that it may close the private placement in tranches and expects to pay finders' fees on portions of the private placement, as further described herein.

There is no material fact or material change regarding the company that has not been generally disclosed.

The final closing of the private placement is expected to occur on or about Feb. 28, 2021, and is subject to the receipt of all necessary regulatory approvals, including the approval of the CSE. All securities issued pursuant to the private placement will be subject to a four-month hold period, in accordance with applicable Canadian securities laws.

CAT intends to use the net proceeds of the private placement for: the exploration of its properties, including at the recently announced South Preston uranium property; general property and claim payments; and general working capital purposes. As noted above, the company may pay finders' fees on the private placement, subject to compliance with the policies of the CSE and applicable securities legislation.

The closing of the offering is subject to the approval of the CSE.

About CAT Strategic Metals Corp.

CAT Strategic Metals is a Canadian-based mineral exploration company focused on the acquisition and derisking of overlooked projects situated in well-established, world-class geological districts in North America. The company is specifically focused on minerals that are considered highly strategic from a monetary point of view as well as a global infrastructure/energy point of view.

We seek Safe Harbor.

© 2021 Canjex Publishing Ltd. All rights reserved.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext