Apex Critical Metals Corp. Completes Private Placement of Flow-Though Units for Proceeds of $392,749.50
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.
Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) ha completato un collocamento privato non intermediato, raccogliendo $392,749.50 attraverso l'emissione di 604,230 unità flow-through a $0.65 per unità. Ogni unità è composta da una azione comune flow-through e un warrant non flow-through, esercitabile a $1.00 per azione per due anni.
I proventi saranno utilizzati per spese di esplorazione ammissibili in Canada che qualificano come spese minerarie flow-through sulla Cap Property in British Columbia della società. Queste spese saranno rinunciate agli abbonati a partire da 31 dicembre 2024. I titoli sono soggetti a un periodo di detenzione di quattro mesi.
Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) ha completado una colocación privada no intermediada, recaudando $392,749.50 a través de la emisión de 604,230 unidades flow-through a $0.65 por unidad. Cada unidad consiste en una acción común flow-through y un warrant no flow-through, ejercitable a $1.00 por acción durante dos años.
Los ingresos se utilizarán para gastos de exploración elegibles en Canadá que califiquen como gastos mineros flow-through en la Cap Property en Columbia Británica de la empresa. Estos gastos se renunciarán a los suscriptores con efecto a partir del 31 de diciembre de 2024. Los valores están sujetos a un período de retención de cuatro meses.
Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF)가 중개인 없는 사모 배당금 완료로 $392,749.50을 모금하였으며, 604,230 개의 유동형 유닛을 단위당 $0.65로 발행하였습니다. 각 유닛은 하나의 유동형 보통주와 하나의 비유동형 워런트로 구성되며, 두 년 동안 주당 $1.00으로 행사할 수 있습니다.
모금된 자금은 회사의 브리티시컬럼비아주에 위치한 Cap Property에서 유동형 광산 비용으로 자격을 갖춘 캐나다의 탐사 경비에 사용됩니다. 이러한 비용은 2024년 12월 31일부터 구독자에게 포기됩니다. 증권은 4개월의 보유 기간에 따릅니다.
Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) a achevé un placement privé non intermédiaire, levant $392,749.50 par l'émission de 604,230 unités flow-through au prix de $0.65 par unité. Chaque unité se compose d'une action ordinaire flow-through et d'un bon de souscription non flow-through, exerçable à $1.00 par action pendant deux ans.
Les fonds recueillis seront utilisés pour des dépenses d'exploration canadiennes éligibles qualifiant comme dépenses minières flow-through sur la Cap Property en Colombie-Britannique de la société. Ces dépenses seront renoncées aux abonnés à partir du 31 décembre 2024. Les titres sont soumis à une période de blocage de quatre mois.
Apex Critical Metals Corp. (CSE:APXC)(OTCQB:APXCF) hat eine nicht vermittelte Privatplatzierung abgeschlossen und $392,749.50 durch die Ausgabe von 604,230 Flow-Through-Einheiten zu $0.65 pro Einheit gesammelt. Jede Einheit besteht aus einer Flow-Through-Stammaktie und einem nicht Flow-Through-Warrant, der zwei Jahre lang für $1.00 pro Aktie ausgeübt werden kann.
Die Erlöse werden für berechtigte kanadische Erkundungsausgaben verwendet, die als Flow-Through-Bergbauausgaben auf dem Cap Property in British Columbia des Unternehmens qualifizieren. Diese Ausgaben werden den Abonnenten ab 31. Dezember 2024 erlassen. Die Wertpapiere unterliegen einer viermonatigen Haltefrist.
- Successful completion of private placement raising $392,749.50
- Funds to be used for exploration of Cap Property in British Columbia
- Issuance of warrants provides potential for additional future funding
- Potential dilution of existing shareholders due to issuance of new shares
- size of the offering may not provide substantial funding for extensive exploration
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESSWIRE / September 24, 2024 / 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 July 5, 2024), by issuing a total of 604,230 flow-through units (each, a "FT Unit") at a price of
The gross proceeds from the sale of the FT Units will be used by the Company to incur eligible "Canadian exploration expenses" that will qualify as "flow-through mining expenditures" as such terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") related to the Company's Cap Property located in British Columbia, Canada on or before December 31, 2024. All Qualifying Expenditures will be renounced in favour of the subscribers effective December 31, 2024.
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.
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
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, the renouncement of the Qualifying Expenditures andthe 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
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