Collective Metals amends warrant terms for private placement

Collective Metals Inc. (CSE: COMT, OTC: CLLMF, FSE: TO1) announced it has amended the warrant exercise price for its non-brokered private placement, increasing it from $0.10 to $0.105 per share.

The Vancouver-based company's private placement seeks to raise up to $1,499,999.93 through the sale of up to 17,647,058 units priced at $0.085 each. Each unit consists of one common share and one transferrable warrant exercisable for two years from closing.

The warrants include an acceleration clause allowing the company to shorten the expiry period to 30 days after issuing a news release if shares close at or above $0.20 for ten consecutive trading days on the Canadian Securities Exchange.

All other terms of the private placement remain unchanged from the initial announcement made January 8, 2026. Securities issued will be subject to a four-month and one-day hold period.

The company may pay finders' fees to eligible participants subject to securities laws and CSE policies. Units will be offered to qualified investors under prospectus exemptions.

Collective Metals is a resource exploration company focused on critical and precious metals in North America. The company's Rocas project covers 4,002 hectares located 75 kilometers southwest of the Key Lake Mine and Mill facilities in Saskatchewan.

You May Also Be Interested In