CAT Strategic Metals Announces Key Acquisition to Advance Rare Earth Exploration in Quebec

CAT Strategic Metals Corporation has taken a major step toward securing a significant new source of critical minerals, announcing a binding agreement to gain majority control of a promising rare earth exploration project in Quebec, Canada.

The company confirmed on January 12, 2026, that it has entered into a Binding Memorandum of Understanding with several independent private parties. Under the terms of the deal, CAT has been granted the exclusive right to earn an 80% interest in a district-scale rare earth elements (REE) project located in a highly prospective geological region of Québec.

Deal Terms: A Five-Year Path to Ownership

The agreement outlines a structured, five-year option period through which CAT can secure its controlling stake. Key financial commitments include:

• The issuance of 33 million common shares of CAT to the vendors.

• Annual payments totaling CAD $175,000 per year for three years, payable in cash, shares, or a combination at the company’s discretion.

• A commitment to invest a minimum of CAD $500,000 in exploration over the option term.

• Upon successfully meeting these conditions, CAT will earn its 80% stake. The original vendors will retain a 20% interest, which will be carried without further financial obligation until a production decision is made.

• Additional incentives include a CAD $500,000 cash bonus upon completion of a bankable feasibility study and a capped royalty arrangement.

The Binding MOU is set to convert into a formal option agreement once all necessary regulatory approvals are received.

Strategic Advantage: Scale and Control

The project represents a substantial and consolidated land package, strategically assembled from multiple claim blocs into a single, contiguous holding. Located roughly 80 kilometers east of Kuujjuaq, the property spans 95 claims covering approximately 4,330 hectares, with confirmed rare earth element mineralization already identified.

For CAT, this consolidation is a game-changer. Instead of managing fragmented, piecemeal claims, the company now has full operational control over a district-scale opportunity. This allows for coordinated, systematic exploration across the entire land package, significantly improving the efficiency and potential of its discovery efforts.

This move positions CAT Strategic Metals to actively participate in the growing North American push for secure, ethical, and domestic supplies of rare earth elements, which are vital for everything from electric vehicles to renewable energy technologies.

  Acquire, Binding, CAT, DistrictScale, earth, Elements, Enters, Memorandum, Metals, Project, Quebec, Rare, Strategic, Understanding