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Apex Resources Group Inc. Announces Update of Apex Land Division.


Business Editors/Real Estate Writers

SALT LAKE CITY--(BUSINESS WIRE)--May 5, 2003

Publicly traded Apex Resources Group Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:APXR) announces update of Apex Land Division Holdings.

Apex Land Division

Apex currently owns two large acreage ocean front lots with houses built on both at the Abbecombec Ocean Village Resort. The Abbecombec Ocean Village Resort is located on the shore of Clam clam, common name for certain bivalve mollusks, especially for marine species that live buried in mud or sand and have valves (the two pieces of the shell) of equal size.  Bay, 40 miles East of Halifax, Nova Scotia For other uses, see Halifax.
Halifax, Nova Scotia may refer to any of the following:
  • Halifax Regional Municipality, capital of Nova Scotia, Canada
, Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of . The Resort consists of 1,000 continuous acres with a gently sloping terrain terrain,
n the fertile ground for all function (i.e., physical, mental, social, and environmental) of a human being; the environment in which disease may develop. See also typology, constitution, and morphology.
 ranging from 150 feet to sea level with a magnificent white beach stretching over tow virtually unbroken miles. The purchase price for these lots in 1995 was, $120,000.00. The current assessed value is over $200,000.00, which is a substantial asset to Apex. Both homes are rented on a yearly lease basis, which derives enough revenue to cover taxes and upkeep of the properties.

Apex Land Division is continually con·tin·u·al  
adj.
1. Recurring regularly or frequently: the continual need to pay the mortgage.

2.
 looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 real estate that would add value to the Land Division.


By the Board of Directors

Apex Resources Group Inc.
136 East South Temple, suite 1600
Salt Lake City, UT
USA, 84111
Contact: Jodi Rogers - Investor Relations
(801) 363-2599


The foregoing contains forward looking statements. For this purpose any statements contained in this document that are not statements of historical fact may be deemed to be forward looking statements. Without limiting the foregoing, such words as "am", "will", "believes", "anticipates", "estimates", "continue", or comparable terminology intends to identify forward looking statements. These statements by their nature involve substantial risks and uncertainties and actual results may differ materially depending upon a variety of factors, including but not limited to, the successful negotiation and execution of the definitive acquisition agreement and receipt of certain exhibits and schedules requested by Apex Resources Group Inc.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 5, 2003
Words:299
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