Apex Resources grants Tungsten Reserve option to earn 100% of Jersey-Emerald tungsten zones in B.C

Reuters2026/08/10 20:43

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Apex Resources granted Tungsten Reserve an exclusive staged option to earn up to 100% of the tungsten zones at its Jersey-Emerald project in British Columbia.
Phase I: 25% interest for CAD 1 million in shares or special warrants, plus a CAD 150,000 cash payment due within 15 business days.
Phase II: increase to 75% by Aug. 31, 2027 via listing steps, 8,000-meter drill program, NI 43-101 PEA, CAD 3 million in special warrants.
Phase III: reach 100% by Feb. 28, 2029 with an NI 43-101 feasibility study or mine-build decision, plus CAD 4 million in shares.
On commercial production, Apex would receive CAD 6 million in shares and a 2% NSR royalty, with a 1% buyback for the greater of US$ 5 million or NPV.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apex Resources Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608101630NEWSFILECNPR____20260810_309035_1) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Apex Resources grants Tungsten Reserve option to earn 100% of Jersey-Emerald tungsten zones in B.C

You may also like

Crypto prices