Collective Metals Announces Private Placement Financing

VANCOUVER, British Columbia, June 11, 2025 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the "Company" or "Collective") announces that it intends to complete a non-brokered private placement financing (the "Offering") of up to 4,180,000 units of the Company (each, a "Unit") at a price of $0.06 per Unit, for aggregate gross proceeds of up to $250,800.00. Each Unit shall consist of one (1) common share of the Company (each a "Share") and one (1) Share purchase warrant (each a "Warrant"), with each Warrant entitling the holder to purchase one (1) Share at an exercise price of $0.075 for a period of 24 months.

Closing is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals. The net proceeds of the Offering are intended to be used for general corporate and working capital purposes. The Company may pay finder's fees in connection with the Offering. 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 Offering, subject to compliance with applicable securities laws and the policies of the Canadian Securities Exchange. There will be a hold period of four months and one day on all securities issued under the 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 United States of America. The ...