Financings
Apex Critical Metals Corp. Announces Private Placement of Flow-Through Units to Raise Gross Proceeds of up to $1,600,000

APXC · Price
Executive Summary
- Apex Critical Metals Corp. announces a non-brokered private placement offering of up to 800,000 flow-through units at $2.00 per unit, targeting gross proceeds of up to $1,600,000.
- Each unit consists of one flow-through common share and one common share purchase warrant, with warrants exercisable at $2.50 per share for two years.
- Proceeds are designated for eligible Canadian exploration expenses on the Company's Cap Property in British Columbia, with expenditures to be renounced by December 31, 2026.
Key Details
- Offering Size: Up to 800,000 flow-through units (FT Units).
- Price: $2.00 per FT Unit.
- Gross Proceeds: Up to $1,600,000.
- Structure: Each FT Unit comprises:
- One common share issued as a "flow-through share" under the Income Tax Act (Canada).
- One common share purchase warrant issued on a non-flow-through basis.
- Warrant Terms:
- Exercise Price: $2.50 per Warrant Share.
- Expiration: Two (2) years following the date of issuance.
- Entitlement: One non-flow-through common share per warrant.
- Use of Proceeds: To incur eligible "Canadian exploration expenses" qualifying as "flow-through mining expenditures" related to the Cap Property in British Columbia.
- Renunciation Date: All qualifying expenditures will be renounced in favor of subscribers effective December 31, 2026.
- Closing Conditions: Expected to close on or about September 30, 2025, subject to customary conditions including CSE approval.
- Hold Period: Securities are subject to a statutory hold period of four months and one day from the date of issuance.
- Exemptions: Issued pursuant to prospectus exemptions; not registered under the US Securities Act of 1933.
- Finder's Fees: The company may pay finder's fees in accordance with Canadian Securities Exchange policies.
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Jun 30, 2026 · 03:01