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Apex Resources Receives TSX Venture Exchange Acceptance to Grant of Option to Tungsten Reserve Corp. (formerly, Fortress Strategic Metals) to Explore and Mine Tungsten Zones in the Jersey-Emerald Project in BC

Vancouver, British Columbia--(Newsfile Corp. - August 10, 2026) - Apex Resources Inc. (TSXV: APX) (OTCID: SLMLF) ("Apex" or the "Company") is pleased to announce that it has received TSX Venture Exchange acceptance in respect of the mining option agreement (the "OptionAgreement") with Tungsten Reserve Corp. (formerly, Fortress Strategic Metals Corp.) ("Tungsten Reserve"), a private company at arm's length to the Company, pursuant to which the Company has agreed to grant to Tungsten Reserve the exclusive option (the "Option") to earn, in stages, up to a one-hundred percent (100%) undivided interest (the "Interest") in and to eighteen (18) crown granted mineral claims, one (1) four post claim, one (1) two post claim and two (2) located mineral claims (the "Mineral Claims") forming part of the Company's "Jersey-Emerald Project" located near Salmo, British Columbia, solely for the purpose of conducting exploration and mining operations on the Tungsten Zones (as described below) within the Mineral Claims (the "Transaction"). Tungsten Reserve's rights under the Option Agreement are limited exclusively to the Tungsten Zones, and the Company retains all rights to access, explore, develop, and mine the Non-Tungsten Areas (as that term is described in the Option Agreement) at all times.