Apex Critical Metals Corp Stock Price, News & Analysis

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.

Apex Critical Metals clarified details in its press release dated July 8, 2024. The company announced the start and end dates for its 3-month investor relations contract with Rumble Strip Media. The contract will begin on August 1, 2024, and conclude on October 31, 2024.

Apex Critical Metals Corp. (CSE:APXC, OTCQB:APXCF) has announced a new agreement with Rumble Strip Media Inc. to boost investor awareness through enhanced investor relations.

Under this agreement, Rumble Strip Media will provide social media, marketing, and consulting services in return for an upfront payment of CAD$300,000 from Apex.

Rumble operates independently from Apex and does not hold any securities in the company.

Apex Critical Metals Corp. (CSE:APXC, OTCQB:APXCF) has announced a non-brokered private placement of up to 1,538,461 flow-through units at $0.65 per unit to raise gross proceeds of up to $1,000,000.

Each unit includes one common share and one warrant, with the warrant allowing the purchase of an additional share at $1.00 within two years. The securities will be issued under prospectus exemptions and subject to a four-month hold period.

The funds will be used for eligible Canadian exploration expenses at the Company's Cap Property in British Columbia, with expenditures renounced in favor of subscribers by December 31, 2024. The offering is expected to close around August 9, 2024, pending customary conditions and CSE approval.

Apex Critical Metals Corp. (CSE:APXC, OTCQB:APXCF) has completed the first 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 common share purchase warrant, allowing the holder to buy an additional share at $0.60 within one year. The funds will be directed towards property exploration and working capital. All securities are subject to a statutory hold period of four months and a day, with an additional voluntary hold period of six months for subscribers.

Apex Critical Metals Corp. (CSE:APXC; OTCQB:APXCF) announced a non-brokered private placement offering to raise up to $2,000,000 through the issuance of 5,000,000 units at $0.40 per unit.

Each unit will consist of one common share and one warrant to purchase a share at $0.60 within a year of closing. The majority of the proceeds will be used for property exploration, with the remainder allocated to general working capital.

Securities issued will be subject to a four-month statutory hold period, and certain subscribers will agree to a voluntary six-month hold period. Insiders may participate under terms exempt from formal valuation and minority shareholder approval requirements. The closing is contingent on subscriptions and regulatory approval.

Apex Critical Metals has signed an Earn-In Option Agreement with Discovery Lithium and DG Resource Management. The agreement allows Discovery Lithium to acquire up to 80% interest in multiple projects in the James Bay Region, including the Mantle, Cirrus East, Cirrus West, Neptune, Alto, Opus, and Bruce Lake projects.

Discovery Lithium will issue 5 million shares and invest a minimum of $1 million within six months to maintain the option. These projects are located near significant lithium discoveries and are expected to benefit from increased exploration activities.

Apex has also partnered with Zimtu Capital under the ZimtuADVANTAGE program to enhance investor relations and digital outreach, costing $12,500 per month for twelve months.

Apex Critical Metals Corp. (CSE:APXC, OTCQB:APXCF) announced on May 29, 2024, that its common shares are now approved for trading on the OTCQB Venture Market under the symbol APXCF. The company's shares are also DTC eligible, facilitating easier and broader trading access for U.S. investors. CEO Sean Charland stated that this listing and DTC eligibility represent a milestone, enhancing investor accessibility and trading efficiency. The OTCQB requires companies to meet high transparency and financial reporting standards. This move is expected to enhance liquidity and streamline the trading process for Apex’s shares.