CAT Strategic Metals Corporation has finalized its agreement to earn a majority interest in a district-scale rare earth elements exploration project in Quebec, Canada. Under the binding memorandum of understanding announced January 13, 2026, the company issued 33,000,000 common shares at a deemed price of C$0.015 per share to the vendor. These securities are subject to a statutory hold period of four months and one day, as well as a concurrent resale restriction under Canadian Securities Exchange policies. The transaction secures CAT’s exclusive right to advance exploration across a combined 20,000 hectares of prospective ground in the Grenville geological province, with initial field programs slated to begin in Q2 2026.

Effective January 29, 2026, CAT Strategic welcomed Christopher Malone as Chief Financial Officer and Corporate Secretary, succeeding Steven Cozine, who remains on the board of directors. Mr. Malone brings over 43 years of finance and technology leadership, including 35 years as founding director of PrOasis, where he managed corporate finance, strategic planning and governance for Canadian SMEs. He currently serves as CFO for multiple public companies, holds a CPA, CMA designation and holds a B.A. in Commerce and Economics from the University of Western Ontario. His appointment is expected to bolster CAT’s reporting, capital markets engagement and funding strategies as the company ramps up its exploration campaigns.