Private Placement
For Immediate Release
PRIVATE PLACEMENT
Vancouver, BC – April 14, 2011
Apella Resources Inc. (TSX.V: APA), (U.S.A. OTCQX: APAFF), and (Frankfurt: NWN) is pleased to announce that it has arranged, subject to regulatory approval, a $210,000 non-brokered private placement through the issuance of 525,000 units at a price of $0.40 per unit.
Each unit consists of one flow-through common share and one-half of one share purchase warrant, each full warrant entitling the holder to purchase one additional non-flow-through common share of the Company at a price of $0.50 per share for a period of 24 months. In the event, after the expiration of 4 months from the date of issue of the units, the closing price for the Issuer’s common shares, is $0.60 or higher for a period of 10 consecutive trading days on the TSX Venture Exchange (the “Premium Trading Days”), the expiry date of the warrants will then become the 31st day after the 10th Premium Trading Day. All shares issued will be subject to a hold period of four months in accordance with the policies of the TSX Venture Exchange. Proceeds from this private placement will be used for exploration on Apella’s Vanadium-Iron-Titanium properties in Quebec
Additional information is contained on the Company’s website at www.apellaresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS OF APELLA RESOURCES INC.
“Patrick D. O’Brien”
Patrick D. O’Brien, ICD.D – Director
SEC Exemption 12(g)3-2(b) File no. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.