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

Rhea-AI Summary

Apex Critical Metals (OTCQX:APXCF) announced on October 8, 2025 that it has increased its non‑brokered private placement from $5.0M to up to $10.0M due to strong investor demand.

The upsized Offering comprises up to 4,000,000 Units at $2.50 per Unit; each Unit includes one common share and one warrant exercisable at $3.00 for two years. Proceeds will be used for general working capital and exploration. Securities carry a four‑month-and‑one‑day hold period and will not be registered in the United States.

Positive

• Offering upsized to $10.0M
• Proceeds designated for working capital and exploration
• 4,000,000 Units available at $2.50 per Unit
• Each Unit includes a 2‑year $3.00 warrant

Negative

• Issuance of 4,000,000 new shares will dilute existing holders
• Potential further dilution from 4,000,000 warrant shares if exercised
• Securities are not registered in the U.S., limiting U.S. investor access

VANCOUVER, BC / ACCESS Newswire / October 8, 2025 / Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF) ("Apex" or the "Company") is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced non-brokered private placement (the "Offering") from gross proceeds of up to $5,000,000 to gross proceeds of up to $10,000,000.

The upsized Offering will now consist of up to 4,000,000 units (each, a "Unit") at a price of $2.50 per Unit. Each Unit will be comprised of one common share in the capital of the Company (each, a "Common Share") and one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional Common Share (each, a "Warrant Share") at a price of $3.00 per Warrant Share for a period of two (2) years from the date of issuance.

All other terms of the Offering remain unchanged from those previously disclosed in the Company's news release dated October 7, 2025. The securities issued in connection with the Offering will be subject to a hold period of four months and one day from the date of issuance, in accordance with applicable securities laws.

The gross proceeds from the sale of the Units will be used by the Company for general working capital and exploration expenses.

None of the securities sold in connection with the Offering will be registered under the United States Securities Act of 1933, as amended, and no such securities may be 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.

The company may pay finder's fees in connection with the offering in accordance with the policies of the Canadian Securities Exchange.

About Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9)

Apex Critical Metals Corp. is a Canadian exploration company specializing in the acquisition and development of properties prospective for carbonatites and alkaline rocks with potential to host economic concentrations of rare earth elements (REE's), niobium, gold and copper mineralization. Apex's Cap Property located 85 kilometres northeast of Prince George, B.C., spans 25 square kilometres and hosts a recently identified promising 1.8-kilometre niobium in soil trend. The Company's Bianco carbonatite Project encompasses 3,735 hectares covering a large carbonatite complex within an area known for significant niobium mineralization in northwestern Ontario. The Lac Le Moyne Project covers approximately 4,025 ha and is situated several kilometers to the northwest of Commerce Resources Corp.'s Eldor Carbonatite Complex located in Quebec, Canada.

Carbonatites are extremely rare rock types, with around 600 known worldwide. They are host to rare earth element ("REE") minerals, niobium, tantalum and phosphate, as well as copper and gold. Carbonatites are host to the world's largest and most productive niobium deposits, including Araxa and Catalão in Brazil, and Niobec in Quebec. In addition, they are the primary source of REEs, including Mountain Pass in California, Mount Weld in Australia, and Bayan Obo in China. They are also important sources of phosphate (apatite), including Cargill, Ontario, while the Palabora mine in South Africa has produced copper, nickel, gold, magnetite, and vermiculite. Other carbonatites are known to have produced gold, iron, zirconium, fluorite, and other industrial minerals.

By acquiring a multitude of carbonatite projects, Apex intends to investigate potential high-value opportunities to meet the growing global demand of specialty metals across various industries. 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 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

FAQ

What did Apex (OTCQX:APXCF) announce on October 8, 2025?

Apex increased its non‑brokered private placement to $10.0M, upsizing to 4,000,000 Units at $2.50 per Unit.

How are the Units structured in Apex's upsized offering (APXCF)?

Each Unit consists of one common share and one warrant; each warrant is exercisable at $3.00 for two years.

What will Apex use the $10.0M proceeds for (APXCF)?

The company said proceeds will be used for general working capital and exploration expenses.

Will Apex's new securities be available to U.S. investors (APXCF)?

No. The securities will not be registered under the U.S. Securities Act and cannot be offered in the U.S. absent registration or an exemption.

What is the hold period on securities issued in the Apex offering (APXCF)?

Securities are subject to a hold period of four months and one day from issuance.

Could the upsized offering dilute existing Apex shareholders (APXCF)?

Yes. The offering issues up to 4,000,000 new shares plus up to 4,000,000 warrant shares if exercised.