Appia Rare Earths and Uranium Corp (APAAF)

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Appia Announces Upsizing Of Bought Deal Private Placement To C$7.0 Million

Toronto, Ontario – October 27, 2021 – Appia Rare Earths & Uranium Corp. (the “Company” or “Appia”) (CSE:API) (OTCQB:APAAF) (Germany: “A0I:F”, “A0I.MU”, “A0I:BE”) is pleased to announce that due to significant demand, the Company and Red Cloud Securities Inc. (“Red Cloud”), as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “Underwriters”), have agreed to increase the size of the Company’s previously announced private placement from C$6,000,000 to C$7,000,000. Under the revised private placement, the Underwriters have agreed to purchase for resale any combination of the following securities for aggregate gross proceeds of C$7,000,000 (the “Offering”)