Apex Critical Metals Corp. Completes Final Tranche of Private Placement for Proceeds of $1,000,000

Apex Critical Metals Corp. (CSE: APXC) has finalized the last tranche of a non-brokered private placement. The company issued 2,500,000 units at $0.40 per unit, raising $1,000,000 in total. Each unit comprises one common share and one common share purchase warrant.

The purchase warrant allows the holder to buy one share at $0.60 per share within a year from the closing date. The proceeds will be directed towards property exploration and general working capital.

An insider subscribed for 62,500 units, making it a related party transaction under Multilateral Instrument 61-101. However, exemptions apply due to the minimal market capitalization impact.

All securities from the offering are subject to a four-month hold period. None of the securities were registered under the United States Securities Act of 1933 and were not sold in the U.S.