CAT Strategic Metals Corporation Clarifies Its News Release of June 24, 2020

CAT STRATEGIC METALS CORPORATION News Release CAT Strategic Metals Corporation Clarifies Its

News Release of June 24, 2020

Vancouver, British Columbia – June 26, 2020 – CAT Strategic Metals Corporation (CSE – CAT) (CAT or the “Company”). Further to the Company’s news release of June 24, 2020 regarding a consolidation of the Company’s shares on the basis of one (1) post consolidation share for every ten (10) pre-consolidation shares, Management and the Board of Directors have decided, upon further consultation with key stakeholders, not to proceed with any consolidation at this time.

About CAT Strategic Metals Corporation

The Company is a Canadian based mineral exploration company focused on the acquisition and exploration of significant properties of merit in highly prospective areas of known mineralized potential and historical production.

Further information regarding the Company can be found on SEDAR at www.SEDAR.com, or by contacting the Company directly at (604) 674-3145.

ON BEHALF OF THE BOARD

Robert Rosner

Chairman, President & CEO

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 production 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 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.

We seek safe harbour

1015 - 789 West Pender Street, Vancouver, BC. V6H 1H2