Apex Completes Non-Brokered Private Placement for Proceeds of $10,000,000

Executive Summary

• Apex Critical Metals completed a non‑brokered private placement of 4,000,000 units at $2.50 per unit, raising gross proceeds of $10 million.
• Each unit consists of one common share and one common share purchase warrant (exercise price $3.00, two‑year term).
• Proceeds are earmarked for general working capital and exploration expenses across Apex’s REE and niobium projects.

Key Details

• Units Issued: 4,000,000 units @ $2.50 per unit → Gross proceeds: $10,000,000.
• Unit Composition: 1 common share + 1 common share purchase warrant (exercise price $3.00, exercisable for two years).
• Finder Compensation: Paid $255,500 in cash and issued 102,200 non‑transferable finder’s warrants (each purchasable at $3.00 per share, two‑year term).
• Statutory Hold Period: All securities subject to a four‑month + one‑day hold period from issuance.
• Use of Proceeds: General working capital and exploration expenses for the Rift Project (U.S.) and Cap Project (Canada).
• Regulatory Notes: Securities not registered under U.S. securities laws; offered only where exemption applies.

Notable Quotes

“The successful completion of this financing provides Apex with the necessary capital to advance our flagship Rift and Cap projects, positioning us to meet growing demand for critical minerals.” – Sean Charland, Chief Executive Officer

All boilerplate, forward‑looking statements, and company background have been omitted per instructions.