Collective Metals Announces Amended Terms for Private Placement
CSE: COMT | OTC: CLLMF | FSE: TO1
www.collectivemetalsinc.com
Collective Metals Announces Amended Terms for Private
Placement
January 9, 2026
VANCOUVER, B.C. – COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is
pleased to announce that it has amended the terms of its non -brokered private placement financing for gross proceeds of
up to $1,499,999.93, previously announced on January 8, 2026 (the “Initial News Release”).
As announced in the Initial News Release , the Company disclosed its intention to complete a non -brokered private
placement of up to 17,647,058 units (each, a “Unit”) of the Company at a purchase price of $0.085 per Unit, with each Unit
consisting of one common share of the Company (each, a “Share”) and one transferrable common share purchase warrant
(each, a “Warrant”), with each Warrant exercisable into one additional Share for a period of two years from the closing date
at an exercise price of $0.10 (the “ Private Placement ”). The Warrants contain an accelerated expiry clause (the
"Acceleration Clause") whereby pursuant to the Acceleration Clause, if the Shares of the Company close at or above $0.20
for ten (10) consecutive trading days on the Canadian Securities Exchange (" CSE"), then the Company may accelerate the
expiry date of the Warrants by issuing a news release announcing the accelerated Warrant term, pursuant to which the
Warrants will expire on the 30th calendar days after the date of such news release.
The Company wishes to advise that it has amended the terms of the Warrants forming part of the Units by increasing the
exercise price from $0.10 per Share to $0.105 per Share. All other terms of the Private Placement remain unchanged from
those disclosed in the Initial News Release.
The Units will be offered to qualified investors in reliance upon exemptions from the prospectus and registration
requirements of applicable securities legislation. The Company may pay finders' fees to eligible finders in connection with
the Private Placement, subject to compliance with applicable securities laws and the policies of the CSE. There will be a hold
period of four months and one day on all securities issued under the Private Placement.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the Unit ed
States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the
"1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined
in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such
registration is available.
About Collective Metals
Collective Metals Inc. (CSE: COMT | OTC: CLLMF | FSE: TO1) is a resource exploration company specializing in critical and
precious metals exploration in North America.
The Company’s Rocas project comprises 4,002 hectares, located 75 kilometers southwest of the Key Lake Mine and Mill
facilities along Highway 914, and approximately 72 kilometers south of the present-day margin of the Athabasca Basin. The
Project hosts several uranium sh owings, including historical mineralized outcrop grab samples along approximately 900
metres of strike length, grading up to 0.5 wt.% U3O81. Notably, none of the historical uranium occurrences have been drill-
tested.
CSE: COMT | OTC: CLLMF | FSE: TO1
www.collectivemetalsinc.com
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Collective Metals Inc
Collective Metals Inc
ON BEHALF OF COLLECTIVE METALS INC.
Christopher Huggins
Chief Executive Officer
T: 604-968-4844
Forward Looking Information
This news release includes certain “Forward -Looking Statements” within the meaning of the United States Private Securities Litigation
Reform Act of 1995 and “forward -looking information” under applicable Canadian securities laws. When used in this news rel ease, the
words “anticipate”, “believe”, “estimate”, expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or
expressions, identify forward-looking statements or information.
Forward-looking statements and forward -looking information relating to any future mineral production, liquidity, enhanced value and
capital markets profile of Collective, future growth potential for Collective and its business, and future exploration plans are based on
management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experien ce
and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and
reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other thing s, the
price of lithium and other metals; costs of exploration and development; the estimated costs of developmen t of exploration projects;
Collective’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
This news release contains “forward -looking information” within the meaning of the Canadian securities laws. Statements, other than
statements of historical fact, may constitute forward looking information and include, without limitation, statements with respect to the
Private Placement; the Company’s objectives, goals or future plans; the commencement of drilling or exploration programs in the futur e;
the completion of the Private Placement. With respect to the forward -looking information contained in this news release, the Company
has made numerous assumptions regarding, among other things, the geological, metallurgical, engineering, financial and economic advice
that the Company has received is reliable and are based upon practices and methodologies which are consistent with industry standards.
While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncer tainties
and contingencies. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance
or achievements to be materially different from any future results, performance or achievements expressed or implied by the f orward-
looking information contained herein. Known risk factors include, among others: fluctuations in commodity prices and currency exchange
rates; uncertainties relating to interpretation of well results and the geology, continuity and grade of lithium and other me tal deposits;
uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for
cooperation of government agencies in the exploration and development of properties and the issuance of required permits; the need to
obtain additional financing to develo p properties and uncertainty as to the availability and terms of future financing; the possibility of
delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program miles tones;
uncertainty as to time ly availability of permits and other governmental approvals; increased costs and restrictions on operations due to
compliance with environmental and other requirements; increased costs affecting the metals industry and increased competition in the
metals industry for properties, qualified personnel, and management. All forward-looking information herein is qualified in its entirety by
this cautionary statement, and the Company disclaims any obligation to revise or update any such forward -looking information or to
publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or
developments, except as required by law.
The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.
CSE: COMT | OTC: CLLMF | FSE: TO1
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