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Fundamental Research Initial Report On Apella Resources

February 10, 2010 (FinancialWire) (Investrend Research Syndicate) — Fundamental Research Corp. recently initiated equity research coverage on Apella Resources, Inc. (TSX Venture: APA) (Approx. Market Cap: C$16.6 Million) with a 19-page report dated January 15, 2010.

The full Fundamental Research Corp. report includes important disclosures, disclaimers and analyst information. Fundamental Research Corp. and Investrend both strongly advise that investors exercise an expeditious degree of due diligence before trading in the equities of any public company, including carefully and entirely reading all available analyst reports and respective report disclosures, and then only in conjunction with advice from at least one trusted, registered financial advisor or broker.  Fundamental Research Corp. and Investrend further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of a potential investor’s total investigative process. (More about ratings and valuations is available at http://www.investrend.com/ratings).

Apella Resources, Inc. engages in the ownership, acquisition, and exploration of mineral resource properties. It explores primarily for copper, diamond, gold, silver, nickel, uranium, platinum, palladium, cobalt, zinc, and vanadium ores in the provinces of Ontario and Quebec in Canada. The company was formerly known as Novawest Resources Inc. and changed its name to Apella Resources Inc. in April 2008. Apella Resources Inc. was founded in 1980 and is headquartered in Vancouver, Canada.

The entire Fundamental Research Corp. report on Apella Resources, Inc. is currently available via the Investrend Research Syndicate (at http://www.investrend.com/recent-research).

APA stock closed at C$0.16 per-share yesterday, trading on volume of 292,050 shares (vs. a 3-month average daily trading volume of 614,275 shares).  APA stock’s 52-week high was C$0.35 per-share on December 16, 2009. APA’s 52-week low was C$0.075 on March 11, 2009.

Apella Resources, Inc.’s SEDAR filings are directly accessible via the SEDAR website (at http://www.sedar.com/search/search_en.htm).

Source for Apella Resources, Inc.’s company description: Apella Resources, Inc.

Fundamental Research Corp. is an independent, “standards-based” research firm, and is a member of the FIRST Research Consortium. Be advised that Fundamental Research Corp. does sometimes provide issuer-paid equity research, according to the Standards for Independent Research Providers (http://www.investrend.com/irp-standards).

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