Apex Critical Metals Closes $15 Million Private Placement

Apex Critical Metals Corp. has concluded a brokered private placement, raising gross proceeds of $15,000,500. Canaccord Genuity and Red Cloud Securities managed the offering. The company issued 7,895,000 units at $1.90 each. A unit comprises one common share and one purchase warrant, allowing purchase at $2.60 per share for 24 months.

The funds will support Apex's exploration projects — Rift, CAP, and Lac Le Moyne — and general working capital. The placement leveraged exemptions from certain regulatory requirements, allowing broad distribution across Canadian provinces, the U.S., and other countries.

Agents received a 6% cash fee on proceeds and over 394,000 non-transferable warrants. Related party transactions occurred under regulatory exemptions. Full offering details are available on the company's website.