Apex Critical Completes Private Placement of Flow Through Shares for Proceeds of $1,499,999.76
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) has completed a non-brokered private placement of 1,530,612 flow-through common shares at $0.98 per share, raising gross proceeds of $1,499,999.76. The shares were issued as flow-through shares under Canadian tax regulations.
The proceeds will be used for eligible resource exploration expenses qualifying as Canadian exploration expenses. Quebec-based subscribers are eligible for additional tax deductions related to Quebec exploration expenses and surface mining exploration expenses.
The securities are subject to a four-month statutory hold period. The company paid $89,999.99 in cash fees to Mine Equities as a qualified finder. The securities have not been registered under U.S. Securities Act and cannot be sold in the United States without registration or exemption.
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) ha completato un collocamento privato non mediato di 1.530.612 azioni ordinarie flow-through a $0,98 per azione, raccogliendo proventi lordi di $1.499.999,76. Le azioni sono state emesse come azioni flow-through secondo le normative fiscali canadesi.
I proventi saranno utilizzati per spese di esplorazione delle risorse idonee che qualificano come spese di esplorazione canadese. Gli abbonati con sede in Quebec sono idonei per ulteriori detrazioni fiscali relative alle spese di esplorazione in Quebec e alle spese di esplorazione mineraria superficiale.
I titoli sono soggetti a un periodo di blocco statutario di quattro mesi. L'azienda ha pagato $89.999,99 in commissioni in contanti a Mine Equities come trovatori qualificati. I titoli non sono stati registrati ai sensi del Securities Act degli Stati Uniti e non possono essere venduti negli Stati Uniti senza registrazione o esenzione.
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) ha completado una colocación privada no mediada de 1,530,612 acciones ordinarias flow-through a $0.98 por acción, recaudando ingresos brutos de $1,499,999.76. Las acciones se emitieron como acciones flow-through bajo las regulaciones fiscales canadienses.
Los ingresos se utilizarán para gastos de exploración de recursos elegibles que califiquen como gastos de exploración canadienses. Los suscriptores con sede en Quebec son elegibles para deducciones fiscales adicionales relacionadas con los gastos de exploración en Quebec y los gastos de exploración minera superficial.
Los valores están sujetos a un período de retención legal de cuatro meses. La empresa pagó $89,999.99 en comisiones en efectivo a Mine Equities como buscador calificado. Los valores no han sido registrados bajo la Ley de Valores de EE. UU. y no pueden ser vendidos en los Estados Unidos sin registro o exención.
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF)는 1,530,612개의 흐름을 통과하는 보통주를 주당 $0.98에 비중개 사모 배정으로 완료하여 총 $1,499,999.76의 수익을 올렸습니다. 이 주식은 캐나다 세법에 따라 흐름을 통과하는 주식으로 발행되었습니다.
수익금은 캐나다 탐사 비용으로 자격이 있는 자원 탐사 비용에 사용될 것입니다. 퀘벡에 위치한 구독자는 퀘벡 탐사 비용 및 표면 채굴 탐사 비용과 관련된 추가 세금 공제를 받을 수 있습니다.
증권은 4개월의 법정 보유 기간에 적용됩니다. 회사는 Mine Equities에게 자격 있는 찾는 사람으로서 현금 수수료로 $89,999.99를 지불했습니다. 이 증권은 미국 증권법에 따라 등록되지 않았으며 등록이나 면허 없이 미국에서 판매될 수 없습니다.
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) a complété un placement privé non médié par un courtier de 1 530 612 actions ordinaires flow-through au prix de 0,98 $ par action, levant des produits bruts de 1 499 999,76 $. Les actions ont été émises en tant qu'actions flow-through selon la réglementation fiscale canadienne.
Les produits seront utilisés pour des dépenses d'exploration des ressources éligibles qualifiant comme dépenses d'exploration canadiennes. Les souscripteurs basés au Québec sont éligibles à des déductions fiscales supplémentaires liées aux dépenses d'exploration au Québec et aux dépenses d'exploration minière de surface.
Les titres sont soumis à une période de blocage légale de quatre mois. La société a payé 89 999,99 $ en frais en espèces à Mine Equities en tant que chercheur qualifié. Les titres n'ont pas été enregistrés en vertu de la loi américaine sur les valeurs mobilières et ne peuvent pas être vendus aux États-Unis sans enregistrement ou exemption.
Apex Critical Metals Corp (CSE:APXC)(OTCQB:APXCF) hat eine nicht vermittelte Privatplatzierung von 1.530.612 Flow-Through-Stammaktien zu einem Preis von $0,98 pro Aktie abgeschlossen und dabei Bruttoeinnahmen von $1.499.999,76 erzielt. Die Aktien wurden gemäß den kanadischen Steuervorschriften als Flow-Through-Aktien ausgegeben.
Die Einnahmen werden für förderfähige Ressourcenexplorationsausgaben verwendet, die als kanadische Erkundungsausgaben qualifizieren. Abonnenten mit Sitz in Quebec sind berechtigt, zusätzliche Steuerabzüge in Bezug auf Quebec-Explorationsausgaben und Oberflächenbergbau-Explorationsausgaben zu erhalten.
Die Wertpapiere unterliegen einer gesetzlichen Haltedauer von vier Monaten. Das Unternehmen zahlte $89.999,99 in Barhonoraren an Mine Equities als qualifizierten Finder. Die Wertpapiere wurden nicht gemäß dem US-Wertpapiergesetz registriert und dürfen in den Vereinigten Staaten ohne Registrierung oder Ausnahme nicht verkauft werden.
- Successful raising of $1.5M through flow-through shares offering
- Tax advantages for Quebec-based investors through additional deductions
- Funds secured for exploration activities
- Share dilution through issuance of 1.53M new shares
- Significant finder's fee of $90,000 (6% of proceeds)
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESS Newswire / February 21, 2025 / Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) ("Apex" or the "Company"), is pleased to announce that it has completed a non-brokered private placement (see the Company's news release dated February 14, 2025) by issuing a total of 1,530,612 flow-through common shares (each, an "FT Share") at a price of
The FT Shares were issued 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). The 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, subscribers residing in the province of Québec are also 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).
All securities issued pursuant to the Offering are subject to a statutory hold period of four (4) months and a day from the date of issuance.
In connection with the Offering, the Company paid cash fees of
None of the securities sold in connection with the Offering have been or will be registered under the United States Securities Act of 1933, as amended, and no such securities were 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
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