Agoracom: Small Cap Investment - Apex Resources Inc

Welcome To The Apex Resources HUB On AGORACOM

Sultan's business strategy acquires quality, under explored, precious metal properties with undiscovered potential in established mining camps. The company then advances the projects until they can be joint ventured or sold with a retained NSR royalty.

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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grizfish

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CONSOLIDATION OF COMMON SHARES

posted on Jun 15, 2011 08:02PM

Today, I received a Notice of Annual General and Special Meeting from Sultan Minerals. The following is of interest:

“CONSOLIDATION OF COMMON SHARES

Throughout 2010, the Company has been in financial difficulty. The Company has been unable to secure additional financing to sustain operations, and the Company’s shares trade under the minimum requirement of $0.05 under the policies of the TSX Venture Exchange for any form of financing. The Company will require new financing to provide working capital to move forward. As part of the restructuring of the Company, the Directors believe it to be in the best interests of the Company to be in a position to effect the consolidation of the issued and outstanding shares, on the basis of five (5) pre-consolidation Common Shares for one (1) post-consolidation Common share without par value.”

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