Apex Resources closes $250,000 flow-through financing

Executive Summary

• Apex Resources Inc. closed a flow‑through financing of 3,571,429 FT units at C$0.07 per unit, generating gross proceeds of $250,000.
• Each FT unit includes one flow‑through common share and a half‑share non‑transferable warrant exercisable at C$0.10 for two years (expires Oct 10, 2027).
• The company paid $17,500 in finders’ fees and issued 250,000 finders’ warrants (exercise price C$0.07, two‑year term) to an arm’s‑length subscriber; all securities are subject to a four‑month‑and‑one‑day hold period expiring Feb 11, 2026.

Key Details

• Units Issued: 3,571,429 flow‑through (FT) units at C$0.07 each → Gross proceeds: $250,000.
• Composition of FT Unit: 1 flow‑through common share + ½ non‑transferable non‑flow‑through (NFT) warrant.
• NFT Warrant Terms: Exercise price C$0.10 per additional common share; exercisable for two years, expiring Oct 10, 2027.
• Use of Proceeds: To incur Canadian exploration expenses as defined under the Income Tax Act (Canada).
• Finders’ Fees Paid: $17,500 cash to finders.
• Finders’ Warrants Issued: 250,000 warrants; each allows purchase of one common share at C$0.07; two‑year term expiring Oct 10, 2027.
• Hold Period: All securities (FT units and finders’ warrants) subject to a four‑month‑and‑one‑day hold period, ending Feb 11, 2026.

Notable Quotes

(No executive quotes were provided in the release.)