SAGA Metals Acquires Catalyst Rare Metals and the Wolverine Heavy Rare Earth Project

April 14, 2026

SAGA Metals entered into a share purchase agreement to acquire 100% of Catalyst Rare Metals Ltd., which holds the Wolverine heavy rare earth element project in central Labrador, Canada. The deal is structured as an initial payment in SAGA shares plus cash, with additional milestone payments tied to NI 43-101 resource and economic study outcomes. The acquisition was later reported as closed following the April 13, 2026 SPA.

Buyers
SAGA Metals Corp.
Targets
Catalyst Rare Metals Ltd., Wolverine rare earth element project (Wolverine REE Project)
Sellers
Catalyst Rare Metals Ltd. (and each of its shareholders, collectively the “Vendors”)
Industry
Data & Analytics
Location
Labrador, Canada
Transaction Type
Buyout

Explore More

Related Acquisitions

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.