January 5, 2017
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
RE: Panex Resources Inc.
We have read the statements made by Panex Resources Inc. in Item 4.01 of this Form 8-K regarding the change in auditors. We agree with such statements made regarding our firm. We have no basis to agree or disagree with other statements made in Item 4.01 of this Form 8-K.
Yours truly,
/s/ GHP Horwath, P.C.