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Apex Critical Metals (OTCQX:APXCF) has established its Technical Advisory Board with the appointment of Alex Knox, P.Geo as its inaugural member. Knox brings over 50 years of geological expertise, particularly in rare earth elements (REE) and niobium exploration, having worked with major companies like Unocal Canada Ltd. and Molycorp.
The company has also granted 1,760,000 stock options to directors, officers, and consultants, exercisable at $1.97 per share until September 8, 2030, with a staged vesting schedule. Additionally, Apex issued 1,660,000 restricted share units (RSUs) with a four-month initial vesting period.
Positive
Appointment of highly experienced geologist with 50+ years of expertise in REE and critical metals
Strategic enhancement of technical capabilities through establishment of Technical Advisory Board
Implementation of structured equity compensation plan to align management interests with shareholders
Negative
Potential dilution from 3.42 million new equity instruments (1.76M options and 1.66M RSUs)
09/08/2025 – 03:01 AM
Vancouver, BC – Apex Critical Metals Corp. (CSE:APXC)(OTCQX:APXCF)(FWB:KL9), a Canadian mineral exploration company focused on acquiring and developing critical and strategic metal assets, announced the formation of its Technical Advisory Board (TAB) and the appointment of Alex Knox, P.Geo. as its first member. The move signals Apex’s commitment to bolstering its technical prowess as it advances its portfolio of high-potential projects.
The Technical Advisory Board will provide Apex with strategic guidance and technical expertise, crucial elements for navigating the complexities of mineral exploration and development. Knox’s appointment brings a wealth of experience to the team and underscores Apex’s ambition to establish itself as a key player in the critical minerals sector.
Alex Knox, a geologist based in Calgary, Alberta, boasts more than five decades of experience in mineral exploration. His expertise covers a wide range of critical metals, with a particular emphasis on rare earth elements (REE) and niobium. Knox’s professional history includes notable positions at major firms such as Unocal Canada Ltd. and Molycorp, where he was involved in significant discoveries and projects related to industrial minerals, uranium, and base metals. Through his independent consultancy, AWK Geological Consulting Ltd., Knox has spearheaded REE initiatives across Canada, the United States, and South America, concentrating on carbonatite-hosted systems known for hosting economically viable REE and niobium deposits.
“Alex’s appointment is a key step for Apex as we create an advisory team to lead our exploration and development work,” said Sean Charland, CEO of Apex. “His knowledge of REE exploration, along with his demonstrated success in assessing challenging geological environments, will play a pivotal role as we evaluate our expanding portfolio of carbonatite-hosted REE and niobium projects in North America.”
Given Knox’s specialized background in REE exploration, Apex expects him to be heavily involved in the technical evaluation and strategic planning for carbonatite-hosted projects, helping to drive future growth.
Stock Option Grant
Apex Critical Metals also announced the grant of 1,760,000 incentive stock options to directors, officers, and consultants under its Equity Incentive Plan. Each option allows the holder to purchase one common share of the company at a price of $1.97 per share. These options expire on September 8, 2030, and vest over a period of 12 months from the grant date, with 33% vesting four months from the grant date, another 33% eight months from the grant date, and the remaining 34% vesting twelve months from the grant date. All options and underlying shares are subject to a four-month and one-day hold period from the date of issuance.
In an additional equity-based compensation measure, Apex has issued 1,660,000 restricted share units (RSUs). The RSUs will vest four months from the issuing date, but holders can defer vesting, which would lead to the RSUs vesting in quarterly installments over 16-month period. Each RSU, after vesting, gives the holder rights to receive one common share in the capital of the company.
About Apex Critical Metals Corp. (CSE: APXC) (OTCQX: APXCF) (FWB: KL9)
Apex Critical Metals Corp. specializes in the acquisition and development of properties that are potentially suitable for hosting carbonatites and alkaline rocks with economically sustainable deposits of rare earth elements (REE’s), niobium, gold, and copper. Apex’s Cap Property, located 85 kilometers northeast of Prince George, B.C., covers an area of 25 square kilometers and has a 1.8-kilometer niobium in soil trend. The Company’s Bianco carbonatite Project includes 3,735 hectares within a region known for significant niobium mineralization in northwestern Ontario. The Lac Le Moyne Project consists of around 4,025 ha and is in close proximity to Commerce Resources Corp.’s Eldor Carbonatite Complex in Quebec, Canada.
Carbonatites are rare rock formations which can host several key minerals. They contain rare earth element minerals, niobium, tantalum, and phosphate, as well as copper and gold. Apex’s strategic focus on carbonatite-hosted deposits puts them on the forefront of the search for key minerals driving technological growth.
By strategically acquiring multiple carbonatite projects, Apex intends to investigate high-value opportunities to satisfy the increasing global demand for specialty metals across a variety of industries.
On Behalf of the Board of Directors
APEX CRITICAL METALS CORP.,
Sean Charland
Chief Executive Officer
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release may contain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include statements with respect to the vesting of the Options and RSUs and the Company’s intention to further investigate high-value opportunities on its properties for specialty metals. Forward-looking statements are subject to various known and unknown risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Risks that could change or prevent these events, activities or developments from coming to fruition include: that we may not be able to fully finance any additional exploration on the Company’s properties; that even if we are able raise capital, costs for exploration activities may increase such that we may not have sufficient funds to pay for such exploration or processing activities; the timing and content of any future work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from our properties may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for REE and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: Apex Critical Metals Corp.
FAQ
Who is Alex Knox and what is his role at Apex Critical Metals (APXCF)?
Alex Knox is a Calgary-based geologist with over 50 years of experience who has been appointed as the inaugural member of Apex’s Technical Advisory Board. He will provide strategic guidance and technical expertise for the company’s REE and niobium projects.
What stock options did Apex Critical Metals (APXCF) grant in September 2025?
Apex granted 1,760,000 stock options at $1.97 per share, exercisable until September 8, 2030, with a three-stage vesting schedule over 12 months.
How many RSUs did Apex Critical Metals (APXCF) issue and what are the vesting terms?
Apex granted 1,660,000 RSUs with initial vesting after 4 months, with holders having the option to defer vesting to occur quarterly over a 16-month period.
What is Apex Critical Metals’ (APXCF) main business focus?
Apex Critical Metals is a Canadian mineral exploration company focused on the identification and development of critical and strategic metals, particularly rare earth elements (REE) and niobium in carbonatite-hosted projects across North America.
