VANCOUVER, British Columbia, May 19, 2026 (GLOBE NEWSWIRE) -- Apex Critical Metals Corp. (CSE:APXC) (OTCQX:APXCF) (FWB: KL9) ("Apex" or the "Company"), a Canadian mineral exploration company focused on the identification and development of critical and strategic metals, announces that, further to its news release dated May 18, 2026, it has entered into an amended agreement with Canaccord Genuity Corp. to act as lead agent and sole bookrunner along with a syndicate of agents to be formed (the "Agents") in connection with a "best efforts" private placement now upsized to up to 7,895,000 units of the Company (each, a "Unit", and, collectively, the "Units") at a price of C$1.90 per Unit (the "Offering Price") for aggregate gross proceeds of up to C$15,000,500 (the "Offering") under the Listed Issuer Financing Exemption (as defined below).
Each Unit will consist of one common share of the Company (each, a "Common Share" and, collectively, the "Common Shares") and one Common Share purchase warrant of the Company (each, a "Warrant" and, collectively, the "Warrants"). Each Warrant will be exercisable to acquire one Common Share (each, a "Warrant Share", and, collectively, the "Warrant Shares") at a price of C$2.60 per Warrant Share for a period of 24 months from the Closing Date (as defined below). The Warrants to be issued pursuant to the Offering will not be listed for trading on any stock exchange. The Offering is expected to close on or about June 2, 2026 (the "Closing Date"), or such other date as determined by the Company and the Agents, such date being no later than 45 days from the date hereof.
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106, Prospectus Exemptions ("NI 45-106"), the Offering is being made to purchasers resident in all provinces and territories of Canada, except Québec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the "Listed Issuer Financing Exemption"). The Units to be offered under the Listed Issuer Financing Exemption will not be subject to a hold period in Canada in accordance with applicable Canadian securities laws.
The Units will also be offered to investors outside of Canada pursuant to BC Instrument 72-503, Distributions of Securities outside British Columbia, provided it is understood that no prospectus filing or comparable obligation arises in such other jurisdiction. Any sale of Units to persons ...
