Apex closes brokered LIFE offering for $15,000,500

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / June 2, 2026 / Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9) (" Apex " or the " Company "), a Canadian mineral exploration company focused on the identification and development of critical and strategic metals, is pleased to announce the closing of its "best efforts" private placement previously announced in its news releases dated May 18, 2026 and May 19, 2026 (the " Offering "). The Offering was completed by Canaccord Genuity Corp. (" Canaccord "), as lead agent and sole bookrunner, and Red Cloud Securities Inc. (" Red Cloud " and together with Canaccord, the " Agents "). Pursuant to the Offering, the Company issued 7,895,000 units of the Company (the " Units " and each, a " Unit ") at a price of $1.90 per Unit (the " Offering Price ") for aggregate gross proceeds of $15,000,500.

Each Unit consists of one common share (a " Unit Share ") and one common share purchase warrant (each, a " Warrant ") of the Company. Each Warrant entitles the holder to purchase one common share of the Company (each, a " Warrant Share ") at a price of $2.60 per Warrant Share for a period of twenty-four (24) months from the date hereof. The Units were offered by way of a private placement in reliance on the "listed issuer financing exemption" from the prospectus requirements available under Part 5A.2 of National Instrument 45-106 - Prospectus Exemptions , as modified by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the " LIFE Exemption "): (i) in each of the provinces and territories of Canada, except Québec; (ii) in the United States and to, or for the account or benefit of, U.S. Persons (as defined herein) that are Qualified Institutional Buyers within the meaning of Rule 144A and are also an "accredited investor" within the meaning of Rule 501(a) of Regulation D, pursuant to an available exemption from registration under the United States Securities Act of 1933 , as amended (the " U.S. Securities Act "); and (iii) in such other jurisdictions outside of Canada and the United States as mutually agreed to by the Company and the Agents, provided it is understood that no prospectus filing, registration statement, regulatory or governmental approval, continuous disclosure obligations or comparable obligations arises in such other jurisdictions.

In accordance with the LIFE Exemption, the Units issued pursuant to the Offering are not subject to a hold period in Canada pursuant to applicable Canadian securities laws. The gross proceeds of the Offering will be used to fund exploration of the Company's Rift, CAP, and Lac Le Moyne Projects, and for general working capital purposes as further set out in the Offering Document (as defined herein). In consideration for their services, the Agents received aggregate cash fees equal to 6% of the gross proceeds of the Offering (reduced to 3% in respect of purchasers on the president's list of the Company) and 394,740 non-transferable common share purchase warrants (the " Broker Warrants ").