Apex Closes Flow-Through Financing

Executive Summary

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

Key Details

• Units Issued: 3,571,429 FT Units @ $0.07 each → $250,000 gross proceeds.
• Composition of FT Unit:
• 1 flow‑through common share (FT Share).
• ½ non‑transferable non‑flow‑through warrant (NFT Warrant) – exercisable for one additional common share at $0.10, expiring Oct 10 2027.
• Use of Proceeds: To incur Canadian exploration expenses qualifying under the Income Tax Act.
• Finder’s Compensation: Cash fee of $17,500 plus issuance of 250,000 finder’s warrants (exercise price $0.07, two‑year term, expiring Oct 10 2027).
• Hold Period: All securities issued are subject to a four‑month and one‑day hold period, lifting on February 11 2026.
• Warrant Terms:
• NFT Warrants – purchase price $0.10 per share, two‑year expiry.
• Finder’s Warrants – purchase price $0.07 per share, two‑year expiry.

Notable Quotes

(No direct quotes were included in the release.)