Apex Completes Non-Brokered Private Placement for Proceeds of $10,000,000
Rhea-AI Summary
Apex Critical Metals (OTCQX:APXCF) completed a non-brokered private placement on October 30, 2025, issuing 4,000,000 units at $2.50 per unit for gross proceeds of $10,000,000. Each Unit includes one common share and one warrant exercisable at $3.00 for two years. The company paid $255,500 cash fees and issued 102,200 non-transferable finder’s warrants (exercise $3.00, two years). Proceeds are for general working capital and exploration. All securities carry a statutory hold period of four months and one day.
Positive
- Gross proceeds of $10,000,000
- Issued 4,000,000 units at $2.50 per unit
- Warrants exercisable at $3.00 for two years
Negative
- Cash finders' fees of $255,500
- Potential dilution from 4,102,200 warrants and finders' warrants
- Securities not registered for sale in the United States
News Market Reaction
On the day this news was published, APXCF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, BC / ACCESS Newswire / October 30, 2025 / Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9) ("Apex" or the "Company") is pleased to announce that it has completed a non-brokered private placement (see news release dated October 7th and 8th, 2025), issuing a total of 4,000,000 units of the Company ("Units") at a price of
In connection with the Offering, the Company paid an aggregate of
All securities issued pursuant to the Offering are subject to a statutory hold period of four (4) months and a day from issuance.
None of the securities sold in connection with the Offering are registered under the United States Securities Act of 1933, as amended, and no such securities were offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9)
Apex Critical Metals Corp. is a Canadian exploration company focused on advancing rare earth element (REE) and niobium projects that support the growing demand for critical and strategic metals across the United States and Canada. The Company's flagship Rift Project, located within the highly prospective Elk Creek Carbonatite Complex in Nebraska, U.S.A., hosts extensive rare earth rights surrounding one of North America's most advanced niobium-REE deposits. Historical drilling across the complex has reported broad intervals of high-grade REE mineralization, including intercepts such as 155.5 m of
In Canada, Apex continues to advance its
With a growing portfolio of critical mineral projects in both Canada and the United States, Apex Critical Metals is strategically positioned to help strengthen domestic supply chains for the minerals essential to advanced technologies, clean energy, and national security. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com and to sign up for free news alerts please go to https://apexcriticalmetals.com/news/news-alerts/, or follow us on X (formerly Twitter), Facebook or LinkedIn.
On Behalf of the Board of Directors
APEX CRITICAL METALS CORP.,
Sean Charland
Chief Executive Officer
Tel: 604.681.1568
Email: info@apexcriticalmetals.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release may contain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include statements with respect to the Offering including, the closing date of the Offering, the potential participation of insiders in the Offering and the anticipated use of proceeds of the Offering. Forward-looking statements are subject to various known and unknown risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company, including, but not limited to, the receipt of regulatory approval for the Offering, if required. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: Apex Critical Metals Corp.
View the original press release on ACCESS Newswire