Apex Critical Metals Corp. Upscales Private Placement to $10 Million

Apex Critical Metals Corp. has announced an increase in its non-brokered private placement, raising its target from $5 million to $10 million due to significant investor interest. The offering will now include up to 4 million units priced at $2.50 per unit. Each unit comprises one common share and one warrant, allowing purchase of an additional share at $3 within two years.

The funds raised will be allocated for working capital and exploration costs. However, securities will remain unregistered under the U.S. Securities Act of 1933, limiting their U.S. marketing. The company mentioned potential finder's fees in alignment with CSE policies.

All securities issued will be subject to a four-month holding period. Apex focuses on exploring properties with potential for rare earth elements and niobium across Canada.