Apex Resources Applies to Extend Term of Share Purchase Warrants
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directly, or indirectly, in whole or in part, in or into the United States.
Apex Resources Applies to Extend Term of Share Purchase Warrants
VANCOUVER, BC November 20th, 2023 – Apex Resources Inc. (“Apex” or the “Company”)
(TSXV: APX) announces that it has applied to the TSX Venture Exchange (the "Exchange") to extend the term
of exercise for 11,100,000 share purchase warrants ("Warrants") issued in connection with a non-brokered
private placement financing on March 8th, 2022.
The amendments to the expiry date of the Warrants is as follows:
Date of Issuance Number of Warrants
Outstanding
Original Expiry Date Amended Expiry
Date
Exercise Price
(Not Amended)
March 8th, 2022 11,100,000 March 8th, 2024 March 8th 2025 $0.10
The Warrants remain subject to an acceleration clause whereby if the volume weighted average closing price
of the Shares on the Exchange is $0.15 or more for 21 consecutive trading days at any time subsequent to
the expiry of six months from the date of issuance of the Warrants, then the Company will earn the right by
providing notice (the “Acceleration Notice”) to the warrant holders, to accelerate the expiry date of the
Warrants to that date which is 30 days from the date of the Acceleration Notice.
On behalf of the Board of Directors
“Jay Roberge”
President
Apex Resources Inc.
Tel. +1(778) 895-0247
For more information on the Company visit www.apxresources.com or [email protected].
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
This news release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward looking
statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are
inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward looking statements involve
known and unknown risks, uncertainties and other factors that may cause actual operational plans, financial results, performance or
achievements to be materially different from the estimated future operational plans, results, performance or achievements expressed or
implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Apex
Resources Inc. disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events
or otherwise, except as required by law.