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Apex Critical Metals Corp. Announces Private Placement of Units to Raise Gross Proceeds of up to $2,520,000

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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. (APXCF) ha annunciato un'offerta di collocamento privato non intermediato per raccogliere fino a $2,520,000. L'offerta consiste in un massimo di 4,200,000 unità al prezzo di $0,60 per unità. Ogni unità comprende una azione comune e un warrant d'acquisto, che consente ai possessori di acquistare un'azione aggiuntiva a $0,75 entro due anni dalla chiusura. I fondi supporteranno l'esplorazione dei beni e il capitale di esercizio generale. Tutti i titoli emessi avranno un periodo di blocco obbligatorio di quattro mesi e un giorno in conformità con le leggi sui titoli.

Apex Critical Metals Corp. (APXCF) ha anunciado una oferta de colocación privada no intermediada para recaudar hasta $2,520,000. La oferta consiste en hasta 4,200,000 unidades a un precio de $0.60 por unidad. Cada unidad incluye una acción común y una garantía de compra, lo que permite a los titulares comprar una acción adicional a $0.75 dentro de dos años después del cierre. Los fondos apoyarán la exploración de propiedades y el capital de trabajo general. Todos los valores emitidos tendrán un período de retención obligatorio de cuatro meses y un día, de acuerdo con las leyes de valores.

Apex Critical Metals Corp. (APXCF)는 중개인 없는 사모 배당금 모집을 통해 최대 $2,520,000를 모금할 것이라고 발표했습니다. 이 제안은 단위당 $0.60의 가격으로 최대 4,200,000개의 단위로 구성됩니다. 각 단위는 하나의 보통주와 하나의 매수 보증을 포함하며, 보유자는 클로징 후 2년 이내에 $0.75에 추가 주식을 구매할 수 있습니다. 자금은 부동산 탐사 및 일반 운영 자본을 지원하는 데 사용될 것입니다. 발행된 모든 증권은 증권 법률에 따라 4개월 1일의 임의 보유 기간을 가집니다.

Apex Critical Metals Corp. (APXCF) a annoncé une offre de placement privé sans intermédiaire pour lever jusqu'à $2,520,000. L'offre consiste en jusqu'à 4,200,000 unités au prix de 0,60 $ par unité. Chaque unité comprend une action ordinaire et un bon de souscription, permettant aux détenteurs d'acheter une action supplémentaire à 0,75 $ dans les deux ans suivant la clôture. Les fonds soutiendront l'exploration des propriétés et le fonds de roulement général. Tous les titres émis auront une période de blocage obligatoire de quatre mois et un jour, conformément aux lois sur les valeurs mobilières.

Apex Critical Metals Corp. (APXCF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu $2,520,000 zu beschaffen. Das Angebot umfasst bis zu 4,200,000 Einheiten zu einem Preis von $0,60 pro Einheit. Jede Einheit besteht aus einer Stammaktie und einem Kaufwarrant, der den Inhabern das Recht einräumt, innerhalb von zwei Jahren nach Abschluss eine zusätzliche Aktie zu $0,75 zu erwerben. Die Mittel werden die Grundstückserforschung und allgemeines Betriebsvermögen unterstützen. Alle ausgegebenen Wertpapiere unterliegen einer verbindlichen Haltedauer von vier Monaten und einem Tag gemäß den Wertpapiergesetzen.

Positive
  • Raising up to $2.52M in new capital
  • Warrants provide potential for additional future funding at $0.75 per share
Negative
  • Potential dilution for existing shareholders
  • Share price discount to market in private placement

VANCOUVER, BC / ACCESSWIRE / December 19, 2024 / Apex Critical Metals Corp. (CSE:APXC)\(OTCQB:APXCF)(FWB:KL9) ("Apex" or the "Company"), an exploration company focused on developing high potential resource sector projects, is pleased to announce a non-brokered private placement offering of up to 4,200,000 units (each, a "Unit") at a price of $0.60 per Unit, for aggregate proceeds of up to $2,520,000 (the "Offering"). Each Unit will consist of one common share of the Company (each, a "Share") and one common share purchase warrant (each, a "Warrant"), with each Warrant entitling the holder to purchase one Share at a price of $0.75 per Share for a period of two (2) years from closing of the Offering (the "Closing"). The proceeds of the Offering will be used for property exploration and general working capital.

All securities issued with respect to the Offering will be subject to a hold period of four months and one day in accordance with applicable securities laws.

About Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF)(FWB:KL9)

Apex Critical Metals Corp. is focused on acquiring, exploring and developing properties potentially rich in carbonatite rocks hosting economic concentrations of rare earth elements (REEs) including niobium. Apex's CAP Property located 85 kilometers northeast of Prince George, British Columbia, spans 25 square kilometers and hosts a recently identified promising 1.8-kilometer niobium trend. The company's Bianco Carbonatite Project encompasses 3,735 hectares covering a large carbonatite complex within an area known for significant niobium mineralization in Northwestern Ontario. These extremely rare carbonatite formations, with less than 600 known deposits worldwide, host many high-demand REE minerals as well as uranium, copper, and gold. Carbonatites contain some of the largest and most productive niobium deposits, including Araxá and Catalão in Brazil and Niobec in Quebec, as well as major rare earth and phosphate sources such as Mountain Pass in California and Palabora in South Africa. By acquiring more carbonatite-hosted projects, Apex intends to investigate these potentially high value systems to meet the growing global demand across various industries. Apex Critical Metals is publicly listed in Canada on the CSE, under the symbol "APXC," in the USA on the OTCQB market under the symbol "APXCF," and in Germany on the Börse Frankfurt under the symbol "KL9" or WKN: A40CCQ. You are invited to find out more at www.apexcriticalmetals.com where you can subscribe for News Alerts, watch our Video, or follow us on Facebook, X.com or LinkedIn.

On Behalf of the Board of Directors
APEX CRITICAL METALS CORP.,

Sean Charland
Chief Executive Officer
Tel: 604.681.1568
Email: info@apexcriticalmetals.com

Neither the Canadian Securities Exchange 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.

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 the Offering including the anticipated use of proceeds of the Offering and the expiry of hold periods for securities distributed pursuant to the Offering. 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 proceeds of the Offering may not be used as stated in this news release 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.

SOURCE: Apex Critical Metals Corp.



View the original press release on accesswire.com

FAQ

How much is Apex Critical Metals (APXCF) raising in their December 2024 private placement?

Apex Critical Metals is raising up to $2,520,000 through a private placement offering of up to 4,200,000 units at $0.60 per unit.

What are the terms of APXCF's December 2024 warrant offering?

Each warrant allows holders to purchase one additional share at $0.75 per share for a period of two years from the closing date of the offering.

What is the hold period for APXCF's December 2024 private placement securities?

All securities issued in the offering will have a hold period of four months and one day, as required by applicable securities laws.

How will APXCF use the proceeds from their December 2024 private placement?

The proceeds will be used for property exploration and general working capital purposes.

APEX CRITICAL MTALS CORP

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