Cat Strategic Metals Grants Stock Options
NEWS RELEASE CSE: CAT FRA:8CH 1015 –789 West Pender Street, Vancouver, BC V6C 1H2
CAT STRATEGIC METALS GRANTS STOCK OPTIONS
Vancouver, B.C. January 8, 2021 - CAT Strategic Metals Corporation (CSE: CAT) (FRA:8CH) (“CAT” or the "Company") announces the grant of 7,000,000 incentive stock options (the “Options”), pursuant to its Stock Option Plan (the “Plan”), to directors, officers, employees, and consultants of the Company. The Options are exercisable at a price of C$0.06 per common share of the Company for a period of 5 years from the date of grant. Any shares issued upon the exercise of the Options will be subject to a statutory four-month hold period from the date of the issuance. The Option grant is subject to regulatory approval.
About CAT Strategic Metals Corporation:
CAT Strategic Metals’ strategy is to acquire and advance property interests located in mineral districts proven to have world class potential, primarily for gold and copper. CAT’s Burntland Project is focused on the exploration and development of several targets located Northeast of Saint Quentin in the county of Restigouche, New Brunswick, Canada, and The Rimrock Gold mineral property is a low-sulfidation and Carlin-style gold-silver prospect in the heart of the main gold mining belts of northeastern Nevada. CAT’s shares trade on the Canadian Securities Exchange (CSE) under the trading symbol “CAT”, and on the Frankfurt Stock Exchange under the symbol “8CH”.
ON BEHALF OF THE BOARD
Robert Rosner Chairman, President & CEO
Further information regarding the Company can be found on SEDAR at www.SEDAR.com, by visiting the Company’s website www.catstrategic.com or by contacting the Company directly at (604) 674-3145.
This news release may contain forward–looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Particular risks applicable to this press release include risks associated with planned production, including the ability of the company to achieve its targeted exploration outline due to regulatory, technical or economic factors. In addition, there are risks associated with estimates of resources, and there is no guarantee that a resource will be found or have demonstrated economic viability as necessary to be classified as a reserve. There is no guarantee that additional exploration work will result in significant increases to resource estimates
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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