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APEX CRITICAL MTALS CORP - APXCF STOCK NEWS

Welcome to our dedicated page for APEX CRITICAL MTALS news (Ticker: APXCF), a resource for investors and traders seeking the latest updates and insights on APEX CRITICAL MTALS stock.

Apex Critical Metals Corp. is a Canadian exploration company specializing in the acquisition and development of high potential rare earth elements (REE's) and niobium properties. With a focus on the Mantle, Cirrus East, Cirrus West, Neptune, Alto, Opus, and Bruce Lake projects within the James Bay Region, the company aims to unlock the vast potential of these areas for lithium explorations. The recent agreement with Discovery Lithium and DG Resource Management LTD. highlights Apex's commitment to strategic partnerships and continued growth. In addition, the collaboration with Zimtu Capital Corp. through the ZimtuADVANTAGE program demonstrates a proactive approach to enhancing investor relations and market visibility.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of APEX CRITICAL MTALS (APXCF)?

The current stock price of APEX CRITICAL MTALS (APXCF) is $0.4036 as of July 8, 2024.

What is the market cap of APEX CRITICAL MTALS (APXCF)?

The market cap of APEX CRITICAL MTALS (APXCF) is approximately 11.5M.

What is Apex Critical Metals Corp. known for?

Apex Critical Metals Corp. is a Canadian exploration company specializing in rare earth elements and niobium properties.

What projects does Apex focus on in the James Bay Region?

Apex focuses on the Mantle, Cirrus East, Cirrus West, Neptune, Alto, Opus, and Bruce Lake projects in the James Bay Region.

Who are the recent partnership agreements with?

Apex recently entered into an Earn-In Option Agreement with Discovery Lithium inc. and DG Resource Management LTD.

What services does Zimtu Capital Corp provide to Apex?

Zimtu Capital Corp. provides services under the ZimtuADVANTAGE program to enhance investor relations and market visibility for Apex.

What is the focus of the recent private placement offering by Apex?

The recent private placement offering aims to raise funds for property exploration and general working capital.

APEX CRITICAL MTALS CORP

OTC:APXCF

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11.48M
129.63%
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