Apex Critical Metals Corp Stock Price, News & Analysis

Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) has completed a non-brokered private placement, raising $2,520,000 through the issuance of 4,200,000 units at $0.60 per unit. Each unit includes one common share and one warrant, with warrants exercisable at $0.75 per share for two years. Company insiders participated in the offering, subscribing for 303,336 units. The proceeds will be used for property exploration and working capital. All securities issued are subject to a four-month statutory hold period.

Apex Critical Metals Corp. (APXCF) has announced a non-brokered private placement offering to raise up to $2,520,000. The offering consists of up to 4,200,000 units priced at $0.60 per unit. Each unit includes one common share and one purchase warrant, allowing holders to buy an additional share at $0.75 within two years of closing. The funds will support property exploration and general working capital. All securities issued will have a mandatory four-month and one-day hold period in compliance with securities laws.

Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF)(FWB:KL9) has extended its investor relations agreement with Rumble Strip Media Inc. The extended agreement includes social media, marketing, and consulting services for investor awareness. The company will pay CAD$300,000 upfront for these services. The extension period runs from December 11th, 2024, to March 11th, 2025. Rumble operates at arm's length from Apex and currently holds no securities in the company.

Apex Critical Metals Corp. has announced the acquisition of the Bianco Carbonatite Project in northwestern Ontario, covering 3,735 hectares. The project is located between the Schryburt Lake and Big Beaver House Carbonatite projects, known for significant niobium mineralization. The property was identified by the Ontario Geological Survey in the 1970s but remains largely unexplored. Apex acquired 100% interest for CDN$30,000 cash and granted a 2.0% net smelter returns royalty to the vendor. The project's strategic location and geological characteristics suggest potential for rare earth elements and niobium deposits, important for clean energy and advanced technologies.

Apex Critical Metals announces significant results from its 2024 field exploration program at the Cap Project in British Columbia. The company discovered a 1.8km trend of anomalous niobium mineralization, with the highest outcrop assay recording 3.33% Nb2O5. The program collected 32 rock samples, 373 soil samples, and 26 stream concentrate samples.

Key findings include two mineralized carbonatite outcrops separated by 250 meters, boulder samples returning 1.79% and 1.45% Nb2O5, and elevated rare earth oxide values up to 1.21% REO. The exploration work will help generate targets for a planned 2025 drill program.

Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) announces a forward split of its common shares on a 1.5:1 basis, effective November 6, 2024. Shareholders of record on November 7, 2024, will receive 0.5 additional shares for each share held. The split will increase the company's outstanding shares from 28,439,594 to approximately 42,659,391. The move aims to enhance share liquidity and marketability. The split will be conducted on a 'push-out' basis, maintaining the same CUSIP number. Outstanding stock options and warrants will be adjusted accordingly.

Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) has completed a non-brokered private placement, raising $392,749.50 through the issuance of 604,230 flow-through units at $0.65 per unit. Each unit consists of one flow-through common share and one non-flow-through warrant, exercisable at $1.00 per share for two years.

The proceeds will be used for eligible Canadian exploration expenses qualifying as flow-through mining expenditures on the company's Cap Property in British Columbia. These expenses will be renounced to subscribers effective December 31, 2024. The securities are subject to a four-month hold period.

Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) has completed the final tranche of a non-brokered private placement, raising $1,000,000 by issuing 2,500,000 units at $0.40 per unit. Each unit includes one common share and one warrant, allowing the purchase of an additional share at $0.60 for one year. The funds will be used for property exploration and working capital. An insider participated, subscribing for 62,500 units, which is considered a related party transaction but exempt from certain regulatory requirements. All securities are subject to a four-month hold period.

Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) has launched a field exploration program at its Cap Project in British Columbia, Canada. The project, located near Prince George, covers a large carbonatite complex with potential for niobium and rare earth element (REE) mineralization. The ongoing activities include prospecting, geological mapping, and rock and soil sampling to confirm previously identified niobium mineralization.

Historical results from the site include high-grade niobium samples ranging from 0.74% to 3.38% Nb2O5 in surface and boulder samples. A 2017 drill hole returned 0.51% Nb2O5 over 4.01m. The exploration, conducted by Dahrouge Geological Consulting , is expected to last about three weeks and aims to expand upon a pre-existing soil grid that showed niobium anomalies correlating with the eastern margin of a known magnetic and radiometric anomaly.