Apex Critical Metals Acquires Carbonatite Property in Quebec

Apex Critical Metals Corp. announced its acquisition of the Lac Le Moyne Carbonatite Project in northeast Quebec. This acquisition aligns with the company's strategy to explore high-value critical minerals needed for various industries. The project spans 86 claims, covering around 4,025 hectares. It is located near significant mineralization sites, including Commerce Resources Corp.'s Eldor Carbonatite Complex.

Carbonatites, known for hosting rare minerals like niobium and rare earth elements (REE), are scarce globally. The Lac Le Moyne property, identified in government mapping, shows potential for carbonatite-related mineralization. The project has limited exploration history, increasing interest in its mineral prospects.

The acquisition terms involve $100,000 in cash, 200,000 shares, and potential bonus shares contingent on mineral discovery. Apex will also provide a 2% royalty on future production. This venture enhances Apex's portfolio amid rising demand for minerals crucial to industries like clean energy and advanced technologies.