Mining Firm Secures Major $10 Million Private Placement

Apex Critical Metals, a Canadian mining company, has successfully completed a substantial private funding round that significantly exceeded initial expectations. The $10 million capital raise, finalized last Thursday, demonstrates robust investor interest in the company’s strategic direction. Demand was so substantial that the offering required an upward adjustment earlier in October.

The capital infusion was achieved through the issuance of 4 million units priced at $2.50 each. Each unit comprises one common share accompanied by a warrant, granting holders the right to purchase an additional share at $3.00 within a two-year timeframe.

In connection with the transaction, the company disbursed $255,500 in finder’s fees and issued 102,200 non-transferable finder warrants. All securities issued through Read more...