Apex Announces Financing for Critical Minerals and Precious Metals at Jersey-Emerald Property — TradingView News

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia–(Newsfile Corp. – June 18, 2025) – Apex Resources Inc. APX (“Apex” or the “Company”) announces that further to the Company’s news releases dated May 27, 2025 and February 28, 2025, the Company intends to complete a non-brokered financing (the “Financing”) for a total of up to $1,000,000 involving the sale of flow-through shares (the “FT Shares”) and non-flow-through units (the “NFT Units”).

The flow-through funding will consist of up to 5,000,000 FT Shares, priced at $0.10 per FT Share for gross proceeds of up to $500,000 and the non-flow-through funding will consist of up to 7,142,858 NFT Units, priced at $0.07 per NFT Unit for gross proceeds of up to $500,000. Each NFT Unit will consist of one common share plus one-half non-transferable share purchase warrant (a “Warrant”). Each whole Warrant is exercisable to purchase one additional common share of the Company (the “Warrant Share”) at $0.12 for a period of two years from the date of closing.

The Warrants are subject to an accelerated expiry date, which comes into effect when the trading price on the TSX Venture Exchange of the Company’s common shares closes at or above $0.20 per share for a period of 10 consecutive trading days commencing four months plus one day after the date of closing. In such event, the Company may, at its option, accelerate the expiry date of the Warrants by issuing a press release (the “Notice”) to the Warrant holders and in such case, the expiry date of the Warrants will be 30 days from the date of the Notice.

The FT Shares will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act“). The gross proceeds raised from the sale of the FT Share will be used by the Company to incur “Canadian exploration expenses” (within the meaning of the Tax Act). The Company will use funds raised from the sale of the NFT Units on non-flow-through eligible project expenses as well as for general working capital purposes. The Company reserves the right to accept additional funds or increase the Financing, subject to regulatory approval, should the Financing be oversubscribed.

Directors and officers of the Company may acquire securities under the Financing, which participation would be considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

The Financing is subject to TSX Venture Exchange approval and all securities issued pursuant to the Financing will be subject to a four-month and one day hold period from the closing date.

Ron Lang, President & CEO, noted, “With a history of over 80 years, the size and scope of the Jersey-Emerald property puts us in a very strong position in an emerging critical minerals market. The Jersey-Emerald property was a past producer of tungsten and zinc and with further drilling planned for this summer, we believe there is tremendous upside potential for the discovery of additional deposits of important minerals and metals known to be present on the property, including five gold and six tungsten zones. The Company has received numerous international inquiries as critical minerals have become a golden opportunity.”

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.

About Apex Resources Inc.

Apex is a Vancouver-based exploration company with a suite of precious and critical minerals projects and historic mines located in the United States and Canada.

The Jersey-Emerald Property is wholly owned by Apex and encompasses the historic Jersey Lead-Zinc Mine – British Columbia’s second largest historic zinc mine, and the Emerald Tungsten Mine – Canada’s second largest historic tungsten mine, both located in southern British Columbia.

The Lithium Creek Project is Apex’s flagship project with placer claims covering hundreds of square miles within the aerially extensive Fernley, Humboldt, and Carson Sinks, and includes widespread naturally flowing lithium brine groundwater. The Lithium Creek Project is strategically located near the City of Reno and within 40 minutes of the principle North American battery hub, hosting the Tesla Gigafactory and other key industry players in the Lithium Ion battery supply chain.

On Behalf of the Board of Directors of

Apex Resources Inc.Ron Lang,

President & CEO

Ph. +1(250) 212-7119 or info@apxresources.com website: www.apxresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” ‘projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur, including but not limited to, closing of the Financing. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund exploration work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Project; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in conducting work programs; the risk of environmental contamination or damage resulting from Apex’s operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255965