Apex Resources Engages Moose Mountain Technical Services to Prepare Updated Technical Reports for its Jersey-Emerald Tungsten and Kena Gold projects
APEX RESOURCES INC.
Suite 500 – 666 Burrard Street
Vancouver, B.C. V6C 2X8
www.apxresources.com
December 15, 2020 TSX Ventu re Exchange Symbol: APX
Apex Resources Engages Moose Mountain Technical Services to Prepare Updated
Technical Reports for its Jersey-Emerald Tungsten and Kena Gold projects
December 15, 2020, Vancouver, BC., Apex Resources Inc. (“Apex” or the “Company”) (TSXV:
APX) reports that further to its news release of November 20, it has engaged Moose Mountain Technical
Services (“MMTS”) of Cranbrook, B.C. for the preparation of updated resource estimates for the East
Emerald tungsten deposit on its Jersey-Emerald Property and for the Kena and Gold Mountain zones on
its Kena-Daylight Gold property. Both properties are located in southeastern British Columbia.
On November 19, 2020 the Company became subject to a Cease Trade Order issued by the BC Securities
Commission (see Nov 23, 2020 news release). The Company was notified by the Commission that the
Company will be subject to the Cease Trade Order until: (1) the Company files technical reports to
support the Company's earlier disclosure made in its May 26, 2016 Management Discussion and Analysis
related to the Jersey-Emerald Property and in its January 22, 2018 news release related to the Kena-
Daylight Property; and (2) the Executive Director of the Commission has revoked the Cease Trade Order.
Report preparation is currently under way and preliminary reports are expected by late January.
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.