Appia engages German marketing firm, extends private placement deadline
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Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) announced it has signed an agreement for a three-month European advertising and investor awareness campaign with Aktiencheck.de AG, based in Bad Marienberg, Germany.
The campaign will commence October 20, 2025, and run for up to three months at a cost of EUR 25,000, equivalent to approximately CDN $41,000 at current exchange rates. The services will include up to five editorial write-ups, email marketing distribution to active investors, and distribution via social media and the aktiencheck.de website.
Appia also announced its non-brokered private placement of working capital units will remain open for a further closing of up to 3,968,648 units on or before October 24, 2025. Each unit is priced at $0.185 and consists of one common share and one-half of a common share purchase warrant.
Each full warrant entitles the holder to purchase one common share at $0.30 per share until either two years from closing or 30 days after the stock trades at least $0.40 for 10 consecutive trading days, provided the 10th trading day occurs at least four months from closing.
The company updated that Ultra Rare Earth Inc. is proceeding with acquiring a 50% interest in Appia Brasil Rare Earths Mineracao Ltda, which holds the PCH Project in Brazil's Goiás State. Ultra has until October 15, 2025, to deliver notice of its intent to close the transaction.
The transaction requires Ultra to invest US $2 million in an Appia unit private placement comprising 5,520,000 units priced at $0.50 CDN per unit, with each unit consisting of one common share and half a warrant exercisable at $0.70 CDN for 24 months.
Appia has 170 million common shares outstanding and 210 million shares fully diluted, according to the company statement.
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