corrected APXR news.........
SALT LAKE CITY, Nov 19, 2003 (BUSINESS WIRE) --
In BW5274 issued Nov. 19, 2003: Second graph, first sentence of release should read: In its continuing outlook to add value to the Land Division, Apex Resources Group Inc. has purchased a Lot (40 Acres) of land at Woodland Valley Ranch in Apache County, Arizona (sted In its continuing outlook to add value to the Land Division, Apex Resources Group Inc. has purchased a Lot (640 Acres) of land at Woodland Valley Ranch in Apache County, Arizona).
The corrected release reads:
APEX RESOURCES GROUP INC. LAND DIVISION ANNOUNCES LAND PURCHASE IN APACHE COUNTY, ARIZONA
Today, publicly traded Apex Resources Group Inc. (OTCBB:APXR) announces land purchase in Apache County, Arizona.
Apex Land Division
In its continuing outlook to add value to the Land Division, Apex Resources Group Inc. has purchased a Lot (40 Acres) of land at Woodland Valley Ranch in Apache County, Arizona. Located 12 miles northeast of St. Johns Arizona, this property is easily accessed from St. John. The drive time is approximately 15-20 minutes. All interior roads are private and maintained year round. The Ranch is comprised of over 32,000 acres of virgin wilderness with elevations ranging between 5,900 ft. to 6,800 ft. above sea level.
The Agreement to Purchase signed with First United Realty, Inc. requires a down payment of $2,440.00, monthly payments of $255.60 per month for 180 months for a total purchase price of $48,448.00. This is an extremely affordable purchase in an area of exploding growth.
This current purchase is in addition to the property holdings of the Company at Abbecombec Ocean Village Resort located on the shores of Clam Bay, 40 miles East of Halifax, Nova Scotia. The two properties contain homes that are rented on a yearly basis. The current assessed value of these properties in $200,000.00.
Apex Management will continue to search out value added properties for the Land Division.
By the Board of Directors Apex Resources Group Inc. Investor Relations - Roger Reynolds Suite 1600 - 136 East South Temple Salt Lake City, Utah, 84111 801-363-2599 www.apexresourcesgroup.com
"Aim low Sheriff...They're ride'n snakes"
as usual...JMHO..SMD
