Apex Critical Metals Corp. Increases Private Placement to $10 Million Due to Strong Investor Demand

Executive Summary

• Apex Critical Metals announced the upsizing of its previously disclosed non‑brokered private placement from a maximum of $5 M to up to $10 M in gross proceeds.
• The offering now consists of up to 4,000,000 units at $2.50 per unit, each unit containing one common share and one warrant to purchase an additional share at $3.00 for two years.
• Proceeds are earmarked for general working capital and exploration expenses across the company’s carbonatite and alkaline‑rock projects.

Key Details

• Upsized Offering Size: Gross proceeds increased from up to $5,000,000 to up to $10,000,000.
• Units Offered: Up to 4,000,000 units at $2.50 per unit.
• Unit Composition: Each unit includes:
• 1 common share of Apex Critical Metals Corp.
• 1 common share purchase warrant (the “Warrant”).
• Warrant Terms: Each warrant allows the holder to acquire one additional common share at an exercise price of $3.00 per share, exercisable for a period of two (2) years from issuance.
• Hold Period: Securities are subject to a hold period of four months and one day from the date of issuance, in accordance with applicable securities laws.
• Use of Proceeds: Funds will be used for general working capital and exploration expenses on Apex’s carbonatite and alkaline‑rock projects (Cap Property, Bianco Project, Lac Le Moyne Project).
• Regulatory Note: Units are not registered under the U.S. Securities Act of 1933; they may not be offered or sold in the United States absent registration or an applicable exemption.
• Finder’s Fees: The company may pay finder’s fees in connection with the offering per CSE policies.

Notable Quotes

• “The strong investor demand that enabled us to double the size of this private placement underscores confidence in Apex’s strategic focus on carbonatite‑hosted rare earth and niobium projects,” – Sean Charland, CEO.