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APX.V ·

Apex Resources Receives Five Year Exploration Permit For Mt. Anderson Gold- Silver Property, Yukon

Permits & Approvals

APEX RESOURCES INC.

Suite 2000 – 1066 West Hastings Street

Vancouver, B.C. V6E 3X2

www.apxresources.com

July 5, 2018 TSX Venture Exchange Symbol: APX

Apex Resources Receives Five Year Exploration Permit For Mt. Anderson Gold-

Silver Property, Yukon

July 5, 2018, Vancouver, BC - Apex Resources Inc. ("Apex" or the "Company) (TSXV: APX) is

pleased to announce the receipt of a Class 3 , Mining Land Use Permit for its Mount Anderson Gold-

Silver Property, located 55 kilometres south of Whitehorse in the Yukon Territory. The permit is valid

from June 28 , 2018 to June 2 7, 2023 and is subject to the restrictions and conditions contained in the

Yukon Quartz Mining Act and the Quartz Mining Land Use Regulations.

The road accessible, 3100 hectare, Mt. Anderson property is a large intrusive hosted polymetallic gold,

silver project located adjacent to the historic, high-grade, Mount Skukum gold mine. In 2017, a mapping

and rock chip sampling program completed for Apex by Aurora Geosciences Ltd. of Whitehorse, YT

confirmed the presence of significant precious and base metal mineralization on the property.

On June 29, 2018 following receipt of the permit , Carl Schulze, P. Geo, of Aurora Geosciences Ltd.

initiated Apex’s 2018 mapping and sampling program on the property. A camp is presently being

established and Induced Polarization (IP) geophysical surveys will commence on July 10th.

Mr. Arthur Troup, President and CEO of Apex states: “We are pleased with the timely receipt of this

permit. The permit allows Apex to test targets defined by the 2018 mapping and geophysical surveys with

diamond drilling and excavator trenching.”

The Mount Anderson exploration program is being conducted by Aurora Geosciences Ltd., under the

supervision of Ms. Linda Dandy, P.Geo., VP Exploration , and Director . Ms. Dandy is a "Qualified

Person" for the purpose of NI 43-101.

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.