Collective Metals releases updated details for private investment opportunity

Vancouver, British Columbia – Collective Metals Inc. (CSE: COMT | OTC: CLLMF | FSE: TO1), also known as “Collective,” is excited to announce the amended terms of its private placement financing. The company disclosed that it will aim to raise up to $1,499,999.93 in funding, as outlined in the Initial News Release issued on January 8, 2026.

In the initial news release, Collective shared its plan to conduct a non-brokered private placement offering up to 17,647,058 units, referred to as “Units.” These Units will be priced at $0.085 per Unit and consist of one common share and one transferrable common share purchase warrant. Each warrant can be exercised to obtain one additional common share at an exercise price of $0.10 within two years from the closing date of the private placement. The Company included an Acceleration Clause in the warrant terms. This clause states that if Collective’s shares on the Canadian Securities Exchange (CSE) reach or exceed $0.20 for ten consecutive trading days, the expiration date of the Warrants may be accelerated.

Following the initial announcement, Collective has decided to adjust the terms of the Warrants by increasing the exercise price from $0.10 per Share to $0.105 per Share, while keeping all other aspects of the private placement unchanged. The Units will be offered to eligible investors under prospectus and registration exemptions within securities legislation. The Company may award finders’ fees to those assisting with the placement, in accordance with existing regulations. Investors will face a four-month hold period before being able to trade the securities acquired through this Private Placement.

It’s crucial to note that this offering is not an invitation to buy securities in the United States. The securities involved have not been registered under the United States Securities Act of 1933 or any state securities laws. Therefore, they cannot be sold within the United States or to U.S. Persons, unless registered or exempt from registration under the Act.

Collective Metals Inc., (CSE: COMT | OTC: CLLMF | FSE: TO1) is a company focused on the exploration of critical and precious metals across North America. The Rocas project, spanning 4,002 hectares, lies 75 kilometers away from the Key Lake Mine and Mill facilities along Highway 914. Located approximately 72 kilometers south of the current Athabasca Basin margin, the project features various uranium showings. Notably, historical mineralized outcrop grab samples from nearly 900 meters of strike length on the property have shown up to 0.5 wt.% U3O81, though none of these occurrences have undergone drilling exploration.

In summary, Collective Metals Inc. is making strategic moves in its private placement offering, adjusting the terms to optimize the financing opportunity. Through these amendments, the company aims to attract investors interested in the exploration of critical and precious metals in North America, particularly in uranium-rich regions like the Rocas project.