Financings
Apex Critical Metals Corp. Announces Private Placement of Units to Raise Gross Proceeds of up to $5,000,000

APXC · Price
Executive Summary
- Apex Critical Metals Corp. announced a non‑brokered private placement of up to 2,000,000 units at $2.50 per unit, targeting gross proceeds of up to $5,000,000.
- Each unit consists of one common share and one warrant exercisable at $3.00 per share for two years; the securities will be subject to a four‑month‑plus‑one‑day hold period.
- Proceeds are earmarked for general working capital and exploration expenses, providing material financing support for ongoing project development.
Key Details
- Offering Size: Up to 2,000,000 units (each = 1 common share + 1 warrant).
- Price per Unit: $2.50 → Maximum gross proceeds of $5,000,000.
- Warrant Terms: One whole warrant per unit; each warrant allows purchase of one additional common share at $3.00 per share, exercisable any time before two years from issuance.
- Closing Timeline: Expected on or about October 31, 2025, subject to customary closing conditions and CSE approval.
- Regulatory Exemptions: Units issued under prospectus exemptions; securities carry a hold period of four months and one day per applicable securities laws.
- Use of Proceeds: Dedicated to general working capital and exploration expenses for Apex’s carbonatite and alkaline rock projects (Cap Property, Bianco Project, Lac Le Moyne Project).
- Finder’s Fees: Company may pay finder’s fees in accordance with CSE policies.
- U.S. Offering Restrictions: Units are not registered under the U.S. Securities Act; cannot be offered or sold in the United States absent exemption.
Notable Quotes
- “This financing will provide us with the necessary capital to advance our exploration programs and capitalize on the growing demand for rare earth elements, niobium, gold, and copper,” – Sean Charland, CEO.
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Jun 30, 2026 · 03:01