Mr. Sean Charland reports

APEX ANNOUNCES CLOSING OF BROKERED LIFE OFFERING FOR GROSS PROCEEDS OF $15,000,500

Apex Critical Metals Corp. has closed its best efforts private placement previously announced in its news releases dated May 18, 2026, and May 19, 2026. The offering was completed by Canaccord Genuity Corp., as lead agent and sole bookrunner, and Red Cloud Securities Inc. Pursuant to the offering, the company issued 7,895,000 units of the company at a price of $1.90 per unit for aggregate gross proceeds of $15,000,500.

Each unit consists of one common share and one common share purchase warrant of the company. Each warrant entitles the holder to purchase one common share of the company at a price of $2.60 per warrant share for a period of 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: (i) in each of the provinces and territories of Canada, except Quebec; (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; 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, 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 finance 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 per cent of the gross proceeds of the offering (reduced to 3 per cent in respect of purchasers on the president's list of the company) and 394,740 non-transferable common share purchase warrants. Each broker warrant is exercisable into one common share of the company at the offering price for a period of 24 months from the date hereof. The broker warrants are subject to a statutory hold period of four months and one day from the date hereof.

Certain insiders of the company participated in the offering, which participation constitutes a related party transaction, as defined in Multilateral Instrument 61-101 -- Protection of Minority Securityholders in Special Transactions. The issuance of units to insiders is exempt from the valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(a) of MI 61-101, and exempt from the minority shareholder approval requirements of Section 5.6 of MI 61-101, pursuant to Subsection 5.7(1)(a) of MI 61-101.

There is an amended and restated offering document related to the offering that can be accessed under the company's profile at SEDAR+ and on the company's website.

About Apex Critical Metals Corp.

Apex Critical Metals is a Canadian exploration company focused on advancing rare-earth element (REE) and niobium projects that support the growing demand for critical and strategic metals across the United States and Canada.

With a growing portfolio of critical mineral projects in both Canada and the United States, Apex Critical Metals is strategically positioned to help strengthen domestic supply chains for the minerals essential to advanced technologies, clean energy and national security. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ.

We seek Safe Harbor.