Apex Critical Metals Announces Grant of Stock Options and RSUs

Rhea-AI Summary

Apex Critical Metals (OTCQX:APXCF) granted a total of 1,250,000 stock options and 350,000 restricted share units (RSUs) to certain directors, officers and consultants under its Equity Incentive Plan on May 7, 2026. Options exercise price is $2.18 per share.

Of the Options, 750,000 expire May 7, 2031 with staged vesting (33% at 4 months, 33% at 8 months, 34% at 12 months). The remaining 500,000 expire May 7, 2028 and vest in full on October 7, 2026. RSUs vest one-quarter every four months; vested RSUs convert to one share or cash equivalent. All awards and resulting shares carry a four-month-and-one-day hold period from issuance.

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VANCOUVER, BC / ACCESS Newswire / May 7, 2026 / Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9) ("Apex" or the "Company"), a mineral exploration company focused on advancing its strategic 100%-controlled Rift Rare Earth Project within the Elk Creek Carbonatite Complex in southeastern Nebraska, U.S.A., is pleased to announce that it has granted (the "Grant") an aggregate of 1,250,000 incentive stock options (each, an "Option") to purchase up to 1,250,000 common shares of the Company (each, a "Share") and 350,000 restricted share units (each, an "RSU") to certain directors, officers and consultants of the Company under its Equity Incentive Plan.

The Options are exercisable at a price of $2.18 per Share. Of the Options granted, 750,000 Options are exercisable for a period of five years from the date of Grant, expiring on May 7, 2031, and vest as to 33% four months from the date of Grant, 33% eight months from the date of Grant, and 34% twelve months from the date of Grant. The remaining 500,000 Options are exercisable for a period of two years from the date of Grant, expiring on May 7, 2028, and vest in full on October 7, 2026.

The RSUs vest as to one-quarter every four months from the date of Grant. Each vested RSU entitles the holder to receive one Share, or the equivalent cash value thereof, in accordance with the terms of the Company's Equity Incentive Plan. All Options, RSUs and any Shares issued upon the exercise or settlement thereof are subject to a hold period of four months and one day from the date of issuance.

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 2.70% REO and 68.2 m of 3.32% REO. Phase I step out drill holes at Rift have expanded the footprint of the high-grade mineralization over approximately 275.0 m from the historical drill holes with 23.7 m of 4.02% REO and multiple broad intervals of >2.00% REO. Additionally, Phase I drilling has delineated a new zone of strongly elevated NdPr beneath the high-grade material that extends for approximately 390 m with 13.5 m of 1.08% REO at 31.7 % NdPr and 10.9m of 0.99% REO and 30.1 % NdPr within a broader zone of 22.7 m of 0.79% REO at 32.8% NdPr.

In Canada, Apex continues to advance its 100%-owned Cap Project, located 85 kilometres northeast of Prince George, British Columbia. The 2025 drill program confirmed a significant niobium discovery with 0.59% Nb₂O₅ over 36 metres, including 1.08% Nb₂O₅ over 10 metres, within a 1.8-kilometre-long niobium trend. The Cap Project continues to demonstrate strong potential for niobium mineralization within a large and previously unrecognized carbonatite system.

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 watch our videos at https://apexcriticalmetals.com/apex-critical-metals-corporate-video/ and make sure to stay in touch by signing up for free news alerts at https://apexcriticalmetals.com/news/news-alerts/, or by following 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 future vesting dates respecting the Options. 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 change of name and trading symbol. 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

FAQ

What stock awards did Apex Critical Metals (APXCF) grant on May 7, 2026?

Apex granted 1,250,000 stock options and 350,000 RSUs on May 7, 2026. According to the company, the options carry a $2.18 exercise price and RSUs convert to one share or cash equivalent upon vesting.

What are the exercise price and expiry dates of the APXCF options granted?

The options are exercisable at $2.18 per share; 750,000 options expire May 7, 2031 and 500,000 expire May 7, 2028. According to the company, the exercise price applies to all granted options.

How do the APXCF options and RSUs vest for recipients?

Vesting: 750,000 options vest 33% at 4 months, 33% at 8 months, 34% at 12 months; 500,000 options vest in full on October 7, 2026. According to the company, RSUs vest one-quarter every four months from the grant date.

Will shares issued on exercise or settlement of APXCF awards be restricted?

Yes. All options, RSUs and any shares issued on exercise or settlement are subject to a four-month-and-one-day hold period from issuance. According to the company, this hold period applies to all resulting shares.

Who received the stock options and RSUs in Apex's May 7, 2026 grant?

The awards were granted to certain directors, officers and consultants under the Equity Incentive Plan. According to the company, the aggregate grants total 1,250,000 options and 350,000 RSUs to those recipients.