Apex Critical Metals Corp. (NASDAQ and CSE: APXC | OTCQX: APXCF | FWB: KL9 | Euronext Access Paris: MLAPX) announced on October 27, 2026, that it has closed the full exercise of an underwriter's over-allotment option connected to its previously announced public offering of American Depositary Shares. The company issued an additional 60,000 ADSs at US$4.65 per share, completing the final tranche of the offering. Investors in the rare earth and critical minerals space may be watching this closing as a signal of continued capital market activity by the Vancouver-based exploration company.

Key Points

  • Apex Critical Metals Corp. (NASDAQ and CSE: APXC) is a mineral exploration company focused on its 100%-controlled Rift Rare Earth Project in southeastern Nebraska
  • The company closed the full exercise of the underwriter's over-allotment option, issuing an additional 60,000 ADSs at US$4.65 per share
  • Maxim Group LLC acted as sole book-running manager; no securities were offered or sold to Canadian purchasers under the offering
  • Investors may monitor how the additional capital supports advancement of the Rift Rare Earth Project within the Elk Creek Carbonatite Complex

Over-Allotment Option Fully Exercised at US$4.65 Per ADS

Apex Critical Metals Corp. announced the issuance of 60,000 additional American Depositary Shares at a public offering price of US$4.65 per share, representing the full exercise of the underwriter's over-allotment option tied to its previously disclosed ADS public offering. The company did not disclose the total gross proceeds from either the base offering or the over-allotment option exercise in this announcement. The closing adds to the fundraising activity surrounding the offering, with Maxim Group LLC serving as sole book-running manager throughout the transaction.

Shelf Registration and SEC Filing Underpin the ADS Offering

The offering was conducted pursuant to an effective shelf registration statement on Form F-10 (File No. 333-298319), which the company previously filed with the U.S. Securities and Exchange Commission and which became effective on August 13, 2026. A final prospectus supplement and accompanying prospectus relating to the offering were filed with the SEC and are available on the SEC's website. The release states explicitly that no securities were offered or sold to Canadian purchasers under this offering, limiting participation to eligible U.S. and international investors.

Rift Rare Earth Project in Nebraska Remains Core Strategic Asset

Apex describes itself as a mineral exploration company focused on advancing its 100%-controlled Rift Rare Earth Project, situated within the Elk Creek Carbonatite Complex in southeastern Nebraska, U.S.A. The project is positioned within a segment of the critical minerals sector that has attracted growing investor and government interest in North America. The company did not disclose any operational updates, resource estimates, or use-of-proceeds details specific to this announcement, beyond confirming the closing of the over-allotment option exercise.