CAT Strategic Metals Announces Flow-Through Private Placement Unit Offering of up to $1.2 Million, and Also Closes First Tranche of the Offering

NEWS RELEASE

CSE: CAT

OTC-PINK: CATTF

FRA: 8CH

1010 –789 West Pender Street, Vancouver, BC V6C 1H2

CAT STRATEGIC METALS ANNOUNCES FLOW-THROUGH PRIVATE PLACEMENT UNIT

OFFERING OF UP TO $1.2 MILLION, AND ALSO CLOSES FIRST TRANCHE OF THE

OFFERING

Vancouver, BC March 31, 2021 CAT Strategic Metals Corporation (CSE: CAT) (“CAT” or the

"Company") is pleased to report that it has closed the first tranche of a non-brokered private

placement (the “Private Placement”) of 6,694,444 flow-through units of the Company (the “FT

Units”), at a price of CDN$0.09 per FT Unit, for gross proceeds of CDN$602,500.00.

Each FT Unit consists of one common share (a “FT Share”) of the Company and one-half non-

transferable common share purchase warrant (the “FT Warrant”). Each whole FT Warrant, will

entitle the holder to purchase one common share of the Company (the “FT Warrant Share”) at

a price of CDN$0.16 per FT Warrant Share until February 28, 2026.

In connection with the issuance of the FT Units, the Company will pay finder’s fees upon closing

of the second and final tranche of the FT offering. The finder’s fees will include cash and finder’s

warrants.

The proceeds from the issuance of the FT Units will be used for qualifying exploration on the

Company’s Canadian properties in New Brunswick and Saskatchewan and will entitle the holder

to receive the applicable tax benefits in accordance with the provisions of the Income Tax Act

(Canada).

The Private Placement is subject to the receipt of all necessary regulatory approvals, including

the approval of the Canadian Securities Exchange (the “CSE”). All securities issued pursuant to

the Private Placement will be subject to a four month hold period in accordance with applicable

Canadian securities laws.

About CAT Strategic Metals Corporation:

CAT Strategic Metals Corporation is a Canadian based mineral exploration company focused on

the acquisition and de risking of overlooked projects situated in well-established World Class

geological districts in North America. The Company is specially focused on minerals which are

considered highly strategic from a monetary as well as global infrastructure and energy point of

view. CAT’s shares trade on the Canadian Securities Exchange (CSE) under the trading symbol

“CAT”, on the OTCMarkets.com under the trading symbol “CATTF”, 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 , by

visiting the Company’s website 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.

We seek safe harbour.