Vancouver, BC - Monday, January 12, 2009, 6:30 a.m. PDT
N:\PRECS\MI FORMS - Form 51-102F3 Material Change Report (mj March 2004)
Apella Resources Inc.(TSX.V: APA); (Frankfurt Symbol: NWN)and its Board of Directors are pleased to announce that the company has engaged Grandich Publications LLC to assist Apella with the implementation of a comprehensive communications and market development program designed to build investor and public awareness of the Company, its mineral projects and its strategic growth objectives.
The primary purpose of increasing awareness of the Company and its activities is to substantially increase Apella's profile with brokers, financial advisors, investment advisors and dealers, as well as institutional investors. Throughout 2009, Apella will continue to build on repositioning itself as a leader in the exploration and development of Vanadium-Titanium-Iron mining projects throughout North America.
Grandich Publications LLC is a New Jersey based public and investor relations firm that will work to increase the company's exposure to industry stakeholders and investors. It will be responsible for providing guidance to the company with respect to strategic corporate planning, liaising with investment bankers and reviewing potential acquisitions and mergers. Peter Grandich is the founder and managing member of Grandich Publications. Grandich publishes the Grandich Letter. First published in 1984, the Grandich Letter provides stock market and economic commentary. In addition, Grandich also provides a variety of services to publicly held corporations on a compensation basis. Mr. Grandich is a long-standing member of the New York Society of Security Analysts and the Society of Quantitative Analysts.
Under the terms of the consulting agreement, Grandich Publications LLC will receive a fee of $1,000 (U.S.) per month for an initial one-year term and incentive stock options to purchase up to 100,000 common shares of the company at a price of $0.10 cents Cdn. per share. The options will vest over a one-year term. The consulting agreement and stock options are subject to policies and the approval of the TSX Venture Exchange.
Grandich Publications LLC and its principal, Peter Grandich, are at arm's length to the company.
Apella Resources Inc., its management and The Board of Directors look forward to working with Peter Grandich throughout 2009.
Should any reader of this release have any questions about the content of this release, they are invited to call the Company at any time at 604-683-8990.
Apella invites the public to visit its NEW website at http://www.apellaresources.com or e-mail us at apella@Apellaresources.com to be added to the Company's e-mail list for press releases and updates.
ON BEHALF OF THE BOARD OF DIRECTORS OF APELLA RESOURCES INC.
"Patrick D. O'Brien"
Patrick D. O'Brien - Chairman
S.E.C. Exemption 12(g)3-2(b) File No. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUITE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION. "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS FORWARD LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE SET FORTH IN OR IMPLIED HEREIN |