NOTICE

Subject	APX - Applicability of the Rule on Additional Listing of Securities and Lifting of Trading Suspension

Background
This is with reference to Apex Mining Co., Inc.’s (“APX” or the “Company”) disclosure under Company Announcement No. C09011-2022 dated December 5, 2022, which stated that: “The Board of Directors approved on 2 December 2022 the acquisition by APX of 1,900,000 shares of Asia Alliance Mining Resources Corporation (‘AAMRC’) representing 100% of the outstanding capital stock of AAMRC (the ’Shares’) under terms and conditions agreed with the sellers Clariden Holdings, Inc. and Mr. Simon L. Paz, Mr. Leo Atayde, Ms. Marie Paz Tacorda, Ms. Anabelle Dera, and Ms. Irene Escueta (the ’Sellers’), and to comply with the terms and conditions of the Share Purchase Agreement with the Sellers, and authorizing President and CEO Luis R. Sarmiento to represent APX in the transaction, subject to certain conditions to closing. . . . . A Share Purchase Agreement is scheduled to be signed on 5 December 2022 for the purchase by APX of the Shares of Asia Alliance Mining Resources Corporation from the Sellers, and implementing Deeds of Absolute Sale will be executed when the conditions for closing are complete. . . . . The total consideration for the transaction is USD81,500,000 to be paid over five years in accordance with the Terms of Payment below . . . . “ As previously announced in Disclosure Notice No. DN00133-2022 dated December 5, 2022, the Exchange deems that the foregoing transaction is covered by the Rule on Disclosure for Substantial Acquisitions and Reverse Takeovers under Section 5, Article VII of the Consolidated Listing and Disclosure Rules of the Exchange, as amended (the “Substantial Acquisition Rule”). Pursuant to the Substantial Acquisition Rule and pending submission by the Company of the comprehensive corporate disclosure requirement, the Exchange implemented a trading suspension on APX shares effective at 1:35 p.m. on December 5, 2022. UPDATE: In compliance with the Substantial Acquisition Rule, the Company submitted to the Exchange its comprehensive corporate disclosure on the above-mentioned transaction. Please refer to Company Announcement No. C09033-2022 dated December 6, 2022 for the details. Given the foregoing, the suspension on the trading of APX shares will be lifted at 11:50 a.m. on today, December 6, 2022. For your information and guidance.

Background

This is with reference to Apex Mining Co., Inc.’s (“APX” or the “Company”) disclosure under Company Announcement No. C09011-2022 dated December 5, 2022, which stated that:

“The Board of Directors approved on 2 December 2022 the acquisition by APX of 1,900,000 shares of Asia Alliance Mining Resources Corporation (‘AAMRC’) representing 100% of the outstanding capital stock of AAMRC (the ’Shares’) under terms and conditions agreed with the sellers Clariden Holdings, Inc. and Mr. Simon L. Paz, Mr. Leo Atayde, Ms. Marie Paz Tacorda, Ms. Anabelle Dera, and Ms. Irene Escueta (the ’Sellers’), and to comply with the terms and conditions of the Share Purchase Agreement with the Sellers, and authorizing President and CEO Luis R. Sarmiento to represent APX in the transaction, subject to certain conditions to closing.

. . . .

A Share Purchase Agreement is scheduled to be signed on 5 December 2022 for the purchase by APX of the Shares of Asia Alliance Mining Resources Corporation from the Sellers, and implementing Deeds of Absolute Sale will be executed when the conditions for closing are complete.

. . . .

The total consideration for the transaction is USD81,500,000 to be paid over five years in accordance with the Terms of Payment below

. . . . “

As previously announced in Disclosure Notice No. DN00133-2022 dated December 5, 2022, the Exchange deems that the foregoing transaction is covered by the Rule on Disclosure for Substantial Acquisitions and Reverse Takeovers under Section 5, Article VII of the Consolidated Listing and Disclosure Rules of the Exchange, as amended (the “Substantial Acquisition Rule”). Pursuant to the Substantial Acquisition Rule and pending submission by the Company of the comprehensive corporate disclosure requirement, the Exchange implemented a trading suspension on APX shares effective at 1:35 p.m. on December 5, 2022.

UPDATE:

In compliance with the Substantial Acquisition Rule, the Company submitted to the Exchange its comprehensive corporate disclosure on the above-mentioned transaction. Please refer to Company Announcement No. C09033-2022 dated December 6, 2022 for the details.

Given the foregoing, the suspension on the trading of APX shares will be lifted at 11:50 a.m. on today, December 6, 2022.

For your information and guidance.

Name of Listed Company	Apex Mining Co.,Inc.
Stock Symbol(s) of Affected Securities	APX

Trading Suspension Details
Execution Date	Dec 5, 2022
Execution Time	1:35 p.m.
Lifting Date	Dec 6, 2022
Lifting Time	11:50 a.m.

Other Relevant Information
A 10-minute reservation period will be implemented prior to resumption of trading at 11:50 a.m. Orders, other than cross transactions, can be posted, modified and cancelled during the reservation period.
Reference(s)
Company Announcement Nos. C09011-2022 dated December 5, 2022 and C09033-2022 dated December 6, 2022 and Disclosure Notice No. DN00133 dated December 5, 2022

Filed on behalf by:

Name	Alexandra Tom Wong
Designation	Disclosure Department