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APX.V ·

Apex Resources Announces Warrant Extension

Share Capital & Compensation

APEX RESOURCES INC.

Suite 500, 666 Burrard Street

Vancouver, British Columbia, V6C 2X8

www.apxresources.com 

NOT FOR DISTRIBUTION TO THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATES

July 9, 2021 TSX Ventu re Exchange Symbol: APX

Apex Resources Announces Warrant Extension

July 9, 2021, Vancouver, British Columbia – Apex Resources Inc. (TSX-V: APX) (“Apex” or the “Company”)

announces that, subject to the approval of the TSX Venture Exch ange, it intends to extend the expiration date of

5,769,231 warrants (the “ Warrants”) originally issued by the Company on July 24, 2020 pursuant t o a non-

brokered private placement by one year.

The Warrants are exercisable into common shares of the Company at a price of $0.14 per common share and

currently have an expiry date of July 24, 2021.

The Warrants are subject to an acceleration clause whereby if t he volume weighted average closing price of the

Shares on the Exchange is $0.30 or more for 20 consecutive trad ing days at any time subsequent to the expiry of six

months from the date of issuance of the warrants, then the Comp any will earn the right by providing notice to the

warrant holders, to accelerate the expiry date of the warrants t o t h a t d a t e w h i c h i s 3 0 d a y s f r o m t h e d a t e o f t h e

acceleration notice.

The Company wishes to extend the expiry date of the Warrants to 4:00PM PST on July 24, 2022. All other terms

and conditions of the Warrants, including the exercise price, remain the same.

About Apex Resources Inc.

Apex is a Canadian gold exploration and development company focused on British Columbia and the Yukon

Territory. Apex has a portfolio of quality properties including:

1. The Mount Anderson gold-silver property in the Yukon.

2. The Jersey-Emerald tungsten-zinc property in southern BC.

3. The Ore Hill gold property in southern BC.

Apex management has a track record of mine discovery that inclu des the discovery and development of the

renowned Hemlo Gold Mine in Ontario and the Mengapur copper-gol d-molybdenum porphyry deposit (225Mt @

0.59% Cu equivalent) in Malaysia now under development by Monument Mining Ltd.

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, explora tion 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 thos e 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, inve stors should review Apex's filings that are available at

www.sedar.com or Apex's website at www.apxresources.com.