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ARTICLE · 04 JUNE 2024

APEX Resources Secures Lithium Creek Property

Gowling WLG
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On May 23, 2024, Apex Resources Inc. successfully completed its acquisition of 1434001 B.C. Ltd., gaining a 100% option over the Lithium Creek Property in Nevada, USA. The agreement includes a series of escalating...

CanadaCorporate/Commercial Law
Brett Kagetsu
Brett Kagetsu
Raymond Ong
Raymond Ong
Natalia Mioduszewski
Natalia Mioduszewski
Author LinkedIn connections

On May 23, 2024, Apex Resources Inc. successfully completed its acquisition of 1434001 B.C. Ltd., gaining a 100% option over the Lithium Creek Property in Nevada, USA.

The agreement includes a series of escalating payments and exploration expenditures over six years, with additional milestones payments linked to the completion of various economic assessments. The property is also subject to a 3% Gross Overriding Royalty, with half available for purchase post-commercial production onset.

Apex Resources is a Vancouver-based mineral exploration company.

Gowling WLG advised Apex Resources with respect to the acquisition with a team that included Brett Kagetsu, Raymond Ong and Natalia Mioduszewski.

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