Apex Critical Metals Corp. Completes Final Tranche of Private Placement for Proceeds of $1,000,000
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) ha completato l'ultima tranche di un collocamento privato non intermediato, raccogliendo 1.000.000 di dollari attraverso l'emissione di 2.500.000 unità a 0,40 dollari per unità. Ogni unità comprende un'azione ordinaria e un'opzione, che consente l'acquisto di un'ulteriore azione a 0,60 dollari per un anno. I fondi saranno utilizzati per esplorazione delle proprietà e capitale operativo. Un insider ha partecipato, sottoscrivendo 62.500 unità, che è considerata una transazione tra parti correlate ma esente da alcuni requisiti normativi. Tutti i titoli sono soggetti a un periodo di blocco di quattro mesi.
Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) ha completado la última tranche de una colocación privada no intermediada, recaudando 1.000.000 de dólares mediante la emisión de 2.500.000 unidades a 0,40 dólares por unidad. Cada unidad incluye una acción ordinaria y una garantía, que permite la compra de una acción adicional a 0,60 dólares durante un año. Los fondos se utilizarán para exploración de propiedades y capital de trabajo. Un insider participó, suscribiendo 62.500 unidades, lo cual se considera una transacción entre partes relacionadas pero exenta de ciertos requisitos regulatorios. Todos los valores están sujetos a un período de retención de cuatro meses.
Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF)는 중개인 없는 사적 배치의 마지막 트랜치를 완료했습니다며, 1,000,000달러를 모으기 위해 2,500,000 개의 유닛을 유닛당 0.40달러에 발행했습니다. 각 유닛은 하나의 보통주와 하나의 워런트를 포함하여, 1년 동안 주식 하나를 추가로 0.60달러에 구매할 수 있는 권한을 부여합니다. 이 자금은 자산 탐사 및 운영 자본에 사용될 예정입니다. 한 내부자는 62,500 유닛을 구독하여 참여했으며, 이는 관계자 거래로 간주되지만 특정 규제 요건에서 면제됩니다. 모든 증권은 4개월의 보유 기간에 적용됩니다.
Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) a achevé la dernière tranche d'un placement privé sans courtier, levant 1.000.000 $ en émettant 2.500.000 unités à 0,40 $ par unité. Chaque unité comprend une action ordinaire et un warrant, permettant l'achat d'une action supplémentaire à 0,60 $ pendant un an. Les fonds seront utilisés pour l'exploration des propriétés et le fonds de roulement. Un initié a participé en souscrivant à 62.500 unités, ce qui est considéré comme une transaction entre parties liées, mais exemptée de certaines exigences réglementaires. Tous les titres sont soumis à une période de blocage de quatre mois.
Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) hat die letzte Tranche einer nicht vermittelte Privatplatzierung abgeschlossen, wobei 1.000.000 US-Dollar durch die Ausgabe von 2.500.000 Einheiten zu 0,40 US-Dollar pro Einheit gesammelt wurden. Jede Einheit umfasst eine Stammaktie und ein Warrant, das den Kauf einer zusätzlichen Aktie zu 0,60 US-Dollar für ein Jahr ermöglicht. Die Mittel werden für Immobilienexploration und Betriebskapital verwendet. Ein Insider hat teilgenommen und 62.500 Einheiten gezeichnet, was als Transaktion mit nahestehenden Personen gilt, aber von bestimmten regulatorischen Anforderungen befreit ist. Alle Wertpapiere unterliegen einer viermonatigen Sperrfrist.
- Raised $1,000,000 through private placement
- Funds to be used for property exploration and working capital
- Insider participation in the offering
- Potential dilution of existing shareholders due to new share issuance
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESSWIRE / August 19, 2024 / Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) ("Apex" or the "Company"), is pleased to announce that it has completed the final tranche of a non-brokered private placement (see news releases dated June 12, 2024 and July 5, 2024), issuing a total of 2,500,000 units (each, a "Unit") at a price of
All securities issued pursuant to the Offering are subject to a statutory hold period of four (4) months and a day from the Closing.
An insider of the Company subscribed for a total of 62,500 Units under the Offering, which is a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The issuance to the insider is exempt from the valuation requirement of MI 61-101 by virtue of the exemption contained in section 5.5(a) as the Units purchased do not exceed more than
None of the securities sold in connection with the final tranche are 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
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 closing date of the Offering, the potential participation of insiders in the Offering and the anticipated use of proceeds of 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 receipt of regulatory approval for the Offering, if required. 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
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