X0202 3 2007-06-07 0 0001368613 APEX BIOVENTURES ACQUISITION CORP PEX 0001215914 FRASHIER GARY E 18 FARM LANE HILLSBOROUGH CA 94010 1 1 0 0 CFO, VP and Secretary Common Stock, par value $.0001 per share 359790 I Note Warrant 1 2011-06-07 Common Stock 325000 I Note These securities are held by Treasure Road Partners, Ltd., a Texas family limited partnership, of which Mr. Frashier and his wife, Giva H. Frashier, are the sole owners (on an equal basis) and managers. Accordingly, Mr. Frashier and his wife share voting and dispositive power over the securities. The warrant will become exercisable on the later of (i) the consummation of a business combination by the Company, and (ii) June 7, 2008. Each warrant entitles the holder to purchase one share of the Company's Common Stock at a price of $1.00. /s/ Gary E. Frashier 2007-06-07