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The latest update is out from Apex Resources ( (TSE:APX) ).
Apex Resources Inc. has successfully closed a flow-through financing round, raising $250,000 through the issuance of 3,571,429 FT Units at $0.07 each. The proceeds will be used to fund Canadian exploration expenses, enhancing Apex’s operational capabilities and potentially strengthening its position in the exploration industry. The financing also involved cash finder’s fees and the issuance of finder’s warrants, with securities subject to a hold period until February 2026.
More about Apex Resources
Apex Resources Inc. is a Vancouver-based exploration company specializing in precious and critical minerals projects and historic mines in the United States and Canada. Notably, it owns the Jersey-Emerald Property in British Columbia, which includes the historic Jersey Lead-Zinc Mine and the Emerald Tungsten Mine. Apex’s flagship project, the Lithium Creek Project, is strategically located near Reno, Nevada, close to major players in the Lithium Ion battery supply chain.
Average Trading Volume: 40,625
Technical Sentiment Signal: Buy
Current Market Cap: C$4.44M
See more insights into APX stock on TipRanks’ Stock Analysis page.