Apex Critical Announces Private Placement of Flow Through Shares
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) has announced a non-brokered private placement offering of up to 1,530,612 flow-through common shares at $0.98 per share, aiming to raise gross proceeds of up to $1.5 million.
The flow-through shares will qualify under Canadian tax regulations, allowing for eligible resource exploration expenses to be classified as Canadian exploration expenses. Quebec-based subscribers will be eligible for additional tax deductions related to Quebec exploration expenses and surface mining exploration expenses.
The shares will be subject to a four-month and one-day hold period from issuance. The offering's closing is contingent on various conditions, including regulatory and CSE approval.
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) ha annunciato un'offerta di collocamento privato non intermediato di fino a 1.530.612 azioni ordinarie a flusso a $0,98 per azione, con l'obiettivo di raccogliere proventi lordi fino a $1,5 milioni.
Le azioni a flusso saranno idonee secondo le normative fiscali canadesi, consentendo di classificare le spese di esplorazione delle risorse idonee come spese di esplorazione canadese. Gli investitori con sede in Quebec avranno diritto a deduzioni fiscali aggiuntive relative alle spese di esplorazione in Quebec e alle spese di esplorazione mineraria superficiale.
Le azioni saranno soggette a un periodo di blocco di quattro mesi e un giorno dall'emissione. La chiusura dell'offerta è subordinata a varie condizioni, compresi l'approvazione normativa e quella della CSE.
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) ha anunciado una oferta de colocación privada no intermediada de hasta 1.530.612 acciones ordinarias de flujo a $0,98 por acción, con el objetivo de recaudar ingresos brutos de hasta $1,5 millones.
Las acciones de flujo calificarán bajo las regulaciones fiscales canadienses, permitiendo que los gastos de exploración de recursos elegibles se clasifiquen como gastos de exploración canadiense. Los suscriptores con sede en Quebec serán elegibles para deducciones fiscales adicionales relacionadas con los gastos de exploración en Quebec y los gastos de exploración minera superficial.
Las acciones estarán sujetas a un período de retención de cuatro meses y un día desde la emisión. El cierre de la oferta está condicionado a diversas condiciones, incluida la aprobación regulatoria y la aprobación de la CSE.
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF)는 최대 1,530,612주의 유상증자를 위한 비중개 사모 배급을 발표했습니다. 주당 $0.98에 판매하여 최대 $1.5백만의 총 수익을 목표로 하고 있습니다.
유상증자는 캐나다 세법에 따라 적격 자원 탐사 비용을 캐나다 탐사 비용으로 분류할 수 있게 해줍니다. 퀘벡에 위치한 구독자는 퀘벡 탐사 비용 및 표면 채굴 탐사 비용과 관련된 추가 세금 공제를 받을 수 있습니다.
주식은 발행일부터 4개월 1일의 보유 기간에 적용됩니다. 이 제안의 마감은 규제 및 CSE 승인을 포함한 여러 조건에 따라 달라집니다.
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) a annoncé une offre de placement privé non intermédié de jusqu'à 1 530 612 actions ordinaires à flux au prix de 0,98 $ par action, visant à lever des produits bruts allant jusqu'à 1,5 million $.
Les actions à flux seront éligibles selon la réglementation fiscale canadienne, permettant de classer les dépenses d'exploration des ressources admissibles comme des dépenses d'exploration canadienne. Les abonnés basés au Québec auront droit à des déductions fiscales supplémentaires liées aux dépenses d'exploration au Québec et aux dépenses d'exploration minière de surface.
Les actions seront soumises à une période de blocage de quatre mois et un jour à partir de l'émission. La clôture de l'offre est conditionnée à diverses conditions, y compris l'approbation réglementaire et celle de la CSE.
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) hat eine nicht vermittelte Privatplatzierung von bis zu 1.530.612 Flow-Through-Stammaktien zu einem Preis von $0,98 pro Aktie angekündigt, mit dem Ziel, Bruttoerlöse von bis zu $1,5 Millionen zu erzielen.
Die Flow-Through-Aktien qualifizieren sich gemäß den kanadischen Steuervorschriften, wodurch berechtigte Erkundungskosten als kanadische Erkundungskosten klassifiziert werden können. Abonnenten mit Sitz in Quebec haben Anspruch auf zusätzliche Steuerabzüge im Zusammenhang mit den Erkundungskosten in Quebec und den Kosten für die Oberflächenbergbau-Erkundung.
Die Aktien unterliegen einer Haltedauer von vier Monaten und einem Tag ab dem Ausgabedatum. Der Abschluss des Angebots hängt von verschiedenen Bedingungen ab, einschließlich der Genehmigung durch die Aufsichtsbehörden und die CSE.
- Raising up to $1.5 million in new capital for exploration activities
- Tax benefits for investors, particularly enhanced deductions for Quebec-based subscribers
- Potential dilution of existing shareholders through new share issuance
- Four-month hold period restricts immediate trading of new shares
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESS Newswire / February 14, 2025 / Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) ("Apex" or the "Company"), is pleased to announce a non-brokered private placement offering of up to 1,530,612 flow-through common shares (each, an "FT Share") at a price of
The FT Shares will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec). An amount equal to the gross proceeds from the issuance of the FT Shares will be used to incur eligible resource exploration expenses which will qualify as "Canadian exploration expenses"(as defined in the Income Tax Act (Canada)). In addition, with respect to eligible subscribers residing in the province of Québec, they would also be eligible for i) an additional deduction for CEE that qualifies as "exploration base relating to certain Québec exploration expenses" incurred in Québec, within the meaning of section 726.4.10 of the Taxation Act (Québec), and ii) for an additional deduction for certain surface mining CEE incurred in Québec that qualifies as "exploration base relating to certain Québec surface mining exploration expenses" within the meaning of section 726.4.17.2 of the Taxation Act (Québec).
The FT Shares will be subject to a hold period of four months and one day from the date of issuance. Closing of the Offering will be subject to satisfaction of certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including approval by the Canadian Securities Exchange (the "CSE").
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.
About Apex Critical Metals Corp.
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. Apex Critical Metals is publicly listed on the CSE, and its Common Shares currently trade under the symbol "APXC".
On Behalf of the Board of Directors
APEX CRITICAL METALS CORP.,
Sean Charland
Chief Executive Officer
Tel: 604.681.1568
Email: info@apexcriticalmetals.com
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 non-objection by the CSE with respect to the Offering and the proposed use of proceeds. 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 Offering may not be completed as expected or at all and those additional risks set out in the Company's public documents filed on SEDAR+ at www.sedarplus.com. 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.
Neither the CSE 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.
SOURCE: Apex Critical Metals Corp.
View the original press release on ACCESS Newswire
FAQ
How much is Apex Critical Metals (APXCF) raising in their latest flow-through share offering?
What is the price per share for APXCF's February 2025 flow-through offering?
What tax benefits do Quebec investors get from APXCF's flow-through shares?
How long is the hold period for APXCF's new flow-through shares?
What regulatory approvals does APXCF need for this flow-through offering?
