Apex Resources Announces Passing Of Director Ben Ainsworth

Vancouver, May 2, 2017- Apex Resources Inc. ("Apex" or the "Company) (TSXV: APX ;) announces that our long time director, Benjamin ("Ben") Ainsworth passed away peacefully on April 25th, 2017 at the age of 76. Apex extends our sincere condolences to his family and many friends.

Ben Ainsworth had been a director of Apex since 2002. Ben graduated with an Honours Degree in Geology from the University of Oxford in 1962 and was active in mineral exploration for 55 years. A Senior Geologist with Placer Development Ltd., he held assignments as Chief Geochemist, Exploration Manager - Eastern Canada and Exploration Manager. During more than 20 years with that company he was involved with the discovery, in 1972, of the world class Howards Pass lead - zinc deposit, and the re-discovery of the Clea Tungsten deposit. In 1986, he formed an international mineral exploration consultancy and served on the board of several junior mining companies, working with a wide range of commodities. In 1995 he was involved with the discovery of the first reported marine alluvial diamonds in Sierra Leone, West Africa. In 2013 as CEO of Alpha Minerals he was involved with the discovery of the Patterson Lake South Uranium deposit. Ben and his son, Garrett Ainsworth, were jointly awarded the 2013 Colin Spence Award by the Association for Mineral Exploration, British Columbia for their role in that discovery.

Ben was well known and well liked throughout the Canadian mining industry. He will be sorely missed by his many friends and associates.
On Behalf of the Board of Directors of Apex Resources Inc.
 

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: moc.secruoserxpa@eelm or moc.secruoserxpa@ofni

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.