CAT Strategic Metals Issues 33M Shares to Secure Quebec REE Project and Appoints CFO

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CAT Strategic Metals completed its earn-in transaction for a district-scale Quebec rare earth elements project, issuing 33 million common shares at C$0.015 apiece subject to a four-month hold period. Christopher Malone was appointed CFO and corporate secretary, replacing Steven Cozine, bringing 43 years of finance and governance experience.

1. Transaction Completion for Quebec REE Project

CAT Strategic Metals Corporation has finalized its transaction under the January 13, 2026 MOU, securing the exclusive right to earn a majority interest in a district-scale rare earth elements exploration project in Quebec. To satisfy the earn-in terms, the company issued 33 million common shares at a deemed price of C$0.015 each. All shares are subject to a four-month plus one day statutory hold period and carry the Canadian Securities Exchange’s mandated resale restriction legend, ensuring trading remains prohibited until the hold period expires.

2. Appointment of New CFO and Corporate Secretary

Effective January 29, 2026, CAT Strategic has appointed Christopher Malone as Chief Financial Officer and Corporate Secretary. Malone brings over 43 years of North American finance and IT systems experience, holds CPA, CMA designations and a B.A. in Commerce and Economics from the University of Western Ontario. He is founding director of PrOasis, has served as CFO for multiple public and private companies, and sits on several boards. He replaces Steven Cozine, who will remain on the board as a director.

Sources

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