Collective Metals Announces Flow-Through Financing
CSE: COMT | OTC: CLLMF | FSE: TO1
www.collectivemetalsinc.com
Collective Metals Announces Flow-Through Financing
March 2, 2026
VANCOUVER, B.C. – COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is
pleased to announce a non-brokered private placement (the “Offering”) for gross proceeds of up to C$1,500,000 from the
sale of up to 7,500,000 flow-through units of the Company (each, a “FT Unit”) at a price of C$0.20 per FT Unit. The Company
intends to use the proceeds from the Offering towards exploration on the Company’s Rocas uranium project.
Each FT Unit will consist of one (1) common share of the Company (each, a “Common Share”) to be issued as a “flow-through
share” within the meaning of the Income Tax Act (Canada) (each, a “FT Share”) and one half (1/2) of one (1) Common Share
purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common
Share at a price of C$0.25 for a period of 24 months from the date of issuance.
The Warrants contain an accelerated expiry clause (the ”Acceleration Clause”). Pursuant to the Acceleration Clause, if the
Common Shares of the Company close at or above $0.30 for ten (10) consecutive trading days on the Canadian Securities
Exchange (the “Exchange”), 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 day after the
date of such news release.
The Company may pay finder’s fees to eligible finders, in accordance with the policies of the Exchange. The FT Units will be
offered by way of the “accredited investor” and “minimum amount investment” exemptions under National Instrument 45-
106 – Prospectus Exemptions in all the provinces of Canada. The securities issuable pursuant to the sale of the FT Units will
be subject to a statutory hold period in Canada ending on the date that is four months plus one day following the closing
date of the Offering.
The gross proceeds from the sale of the FT Units will be used by the Company to incur eligible “Canadian exploration
expenses” that will qualify as “flow-through mining expenditures” as such terms are defined in the Income Tax Act (Canada)
(the “Qualifying Expenditures”) related to the Company’s Rocas uranium project in Canada. All Qualifying Expenditures will
be renounced in favour of the subscribers of the FT Units effective December 31, 2026.
The Offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the
approval of the Exchange.
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 showings, 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.
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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 release, 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 experience
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 things, the
price of lithium and other metals; costs of exploration and development; the estimated costs of development 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
Offering and the intended use of proceeds therefrom; the Company’s objectives, goals or future plans; and the commencement of
exploration programs in the future. 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 uncertainties
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 forward-
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 metal 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 develop 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 milestones;
uncertainty as to timely 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.