Apex Resources and Prize Mining Corp. Amend Option Agreement on the Kena Gold Project in Southeastern B.C.
APEX RESOURCES INC.
Suite 2000 – 1066 West Hastings Street
Vancouver, B.C. V6E 3X2
www.apxresources.com
June 28, 2019 TSX Venture Exchange Symbol: APX
Apex Resources and Prize Mining Corp. Amend Option Agreement on the Kena
Gold Project in Southeastern B.C.
Vancouver, BC – June 28, 2019: Apex Resources Inc. (TSX-V: APX) ("Apex") announces that it
has entered into an agreement (the " Amending Agreement") with Prize Mining Corp. (TSX-V:
PRZ) to amend the option agreement dated September 23, 2016, (the " Option Agreement "),
granting Prize Mining Corp. and option to acquire 80% of the Kena Gold Property in
southeastern B.C.
Pursuant to the Amending Agreement, Prize Mining Corp. will make the fina l $250,000 cash
payment due October 3, 2019 by September 3, 2019 and a 375,000 share payment due October 3,
2019 will be made prior to July 31, 2019. Property exploration expenditures of $1,000,000 due
October 3, 2019 will be extended to October 3, 2021 a nd exploration expenditures of $1,500,000
due October 3, 2020 will be extended to October 3, 2022. All other terms of the Option
Agreement remain unchanged.
About Apex Resources Inc.
Apex is a Canadian gold exploration and development company focused on British Columbia
and the Yukon Territories. Apex has a portfolio of quality properties including:
1. The 1.9 million ounce Kena-Daylight gold property in southern BC under option to Prize
Mining Corp (1994854 Alberta Ltd.).
2. The historic Jersey-Emerald tungsten-zinc mine in southern BC.
3. The historic Ore Hill gold-silver property in southern BC.
4. The Mount Anderson gold-silver property in the Yukon.
5. The Red Ridge gold-silver property in the Yukon.
6. The Cloud, Eldorado and Wild properties in BC's Golden Triangle.
Apex management has a track record of mine discovery that includes the discovery and
development of the reno wned Hemlo Gold Mine in Ontario . For further information on the
Company's projects, visit www.apxresources.com.
Arthur G. Troup, P.Eng., Geological
President and CEO
For further information please contact:
Marc Lee, Investor and Corporate Communications
Tel: (604) 628-0519 Fax: (604) 628-0446
Email: [email protected] or [email protected]
This release was prepared by Apex's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain
statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address
future production, reserve potential, exploration drilling, exploitation activities and events or developments that Apex expects are forward-
looking statements. Although Apex believes the expectations expressed in such forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-
looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices,
exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ
materially from those projected in the forward-looking statements. For more information on Apex, investors should review Apex's filings that are
available at www.sedar.com or Apex's website at www.apxresources.com.