Apex Resources Applies to Extend Term of Share Purchase Warrants

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Apex Resources Applies to Extend Term of Share Purchase Warrants

VANCOUVER, BC November 20^th, 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 8^th, 2022.

The amendments to the expiry date of the Warrants is as follows:

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 moc.secruoserxpa@ofni.

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.