on Apex Critical Metals Corp. (isin : CA03753D1042)
Apex Critical Metals Announces Acquisition of Mineral Property Interests
Apex Critical Metals Corp. (CSE:APXC), has entered into an agreement to acquire a 50% interest in mineral claims in the James Bay region of Quebec, Canada. The transaction amounts to $125,000 CAD in cash.
The acquisition is a "Related Party Transaction" under Multilateral Instrument 61-101, due to Jody Dahrouge's roles in both Apex and the vendor company. However, the transaction is exempt from formal valuation and minority shareholder approval, as its fair market value is below 25% of Apex's market capitalization.
Apex Critical Metals Corp. focuses on high potential rare earth elements (REEs) and niobium properties. It is publicly listed on the Canadian Securities Exchange under the symbol "APXC".
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