CAT STRATEGIC METALS CORP - CATTF STOCK NEWS

CAT Strategic Metals Corporation has reported promising results from its airborne mag-EM geophysical survey over the South Preston Uranium Project in the Athabasca Basin, Canada. High background radioactivity areas and NE-striking conductors were identified, suggesting potential uranium deposits. The company conducted follow-up biogeochemical sampling, yielding uranium values up to 187 ppm and indicating significant anomalies. WGM's analysis indicates high potential for uranium resources, with encouraging findings in both western and eastern survey areas. CAT's project encompasses 29,395 hectares and borders Azincourt Energy's promising G-Zone.

CAT Strategic Metals Corporation (CSE:CAT)(OTC PINK:CATTF) has successfully completed a non-brokered private placement, raising gross proceeds of CDN$750,000 through the issuance of 25,000,000 units at CDN$0.03 per Unit. Each unit consists of one common share and one purchase warrant, exercisable at CDN$0.05 until December 29, 2025. The funds will be directed towards exploration and general working capital. Securities issued will have a hold period lasting four months and one day.

CAT Strategic Metals Corporation (CSE:CAT, OTC PINK:CATTF) announced notable lithium values in rock chip samples from its Gold Jackpot property in Elko County, Nevada. The discovery aligns with adjacent results from Surge Battery Metals Inc., which reported significant lithium concentrations from their nearby Nevada North Lithium Project.

CAT's samples revealed anomalous lithium levels up to 158.5 ppm, indicating promising potential for lithium exploration. The company plans to initiate further exploration, including possible drilling, to assess these unexpected targets.

CAT Strategic Metals Corporation (CSE:CAT, OTC PINK:CATTF) announced a non-brokered private placement of 20 million Units at $0.03 each, utilizing proceeds for exploration and working capital. Each Unit includes one common share and one warrant, granting purchase rights at $0.05 for 36 months. Additionally, CAT secured a CAD$600,000 loan with an 8% interest rate, convertible into Units. The loan supports ongoing corporate actions. All securities are subject to a four-month holding period and are unregistered in the U.S.

CAT Strategic Metals Corporation has addressed shareholder inquiries regarding its 18.9% ownership in the Kamativi Lithium Tailings Project in Zimbabwe. The project holds potential value as lithium prices skyrocketed from ~$14,000 to ~$73,000 per ton since 2018, suggesting increased interest from stakeholders. However, the project faces delays due to legal challenges affecting its development despite being recognized as a priority project by the Zimbabwe government. The company remains optimistic about its legal standing in pursuing the project's advancement.

CAT Strategic Metals Corporation has reported promising results from its diamond drill program at the Burntland Copper/Gold/Silver Project in New Brunswick. A total of 7 holes, totaling 1,416 meters were drilled, confirming copper mineralization associated with high magnetic anomalies. Notably, drill hole BL-22-005 revealed a width of 7.04m with 0.44% Cu, while BL-22-006 showed 118.84m with 0.23% Cu. The results indicate potential for deeper mineralization and have identified 6 additional high magnetic targets for further exploration.

CAT Strategic Metals has completed follow-up exploration at its South Preston Uranium Project in the Athabasca Basin. Following airborne geophysical surveys, ground bio-geochemical sampling and geological prospecting were conducted over identified anomalies. The exploration indicated significant conductive zones associated with uranium mineralization. A total of 718 vegetation samples and 81 rock samples were collected for analysis, with results anticipated in about six weeks. The company's strategy emphasizes advancing properties in mineral districts with high potential.

CAT Strategic Metals Corporation has completed the second tranche of its non-brokered private placement, issuing 14,349,999 units at CDN$0.03 per unit, resulting in proceeds of $430,500. Combined with the first tranche, the gross proceeds total $1,265,000 from 42,116,666 units. Each unit consists of one common share and a warrant exercisable at CDN$0.05 for 36 months. The funds will primarily support exploration of the South Preston Uranium Property and general working capital. The securities are subject to a statutory hold period.