CAT Strategic Metals closes $300K private placement, ups offering to $450K due to strong demand

CAT Strategic Metals Corporation has closed the first tranche of its non-brokered private placement, raising $300,000 by issuing 30 million units at $0.01 each. Each unit includes one common share and one warrant exercisable at $0.05 until November 2030. Due to strong investor interest, the company increased the offering size to $450,000 by planning to issue an additional 15 million units. Proceeds will be used for general working capital, supporting CAT's focus on strategic mineral exploration in North America.