on Apex Critical Metals Corp. (isin : CA03753D1042)
Apex Critical Metals Completes $1.5M Private Placement
Apex Critical Metals Corp. has finalized a non-brokered private placement, issuing 1,530,612 flow-through shares at $0.98 each. This initiative has generated gross proceeds of $1,499,999.76. These shares qualify as "flow-through shares" under Canadian tax laws, facilitating resource exploration investments.
The funds will be allocated to eligible exploration expenses in Canada, with additional tax advantages for Quebec residents. Investors subscribing in Quebec benefit from extra deductions for certain exploration bases as per local taxation acts.
Apex incurred a $89,999.99 fee to Mine Equities Ltd. for the placement. The issued securities are under a four-month statutory hold. None were registered under the US Securities Act, prohibiting sales in the US without proper registration.
R. H.
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