NGEx Minerals Ltd T.NGEX

Alternate Symbol(s): NGXXF

Metals & Mining Industrial Metals & Minerals

NGEx Minerals Ltd. is a Canada-based copper and gold exploration company. The Company is focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina, and the nearby Los Helados copper-gold project located approximately nine kilometers northeast in Chile's Region III. Both projects are located within the Vicuna District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. It owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados project. It holds an approximately 69% interest in Los Helados subject to a Joint Exploration Agreement with Nippon Caserones Resources which holds the remaining approximately 31%. It has a life-of-project lease agreement with the owners of the surface rights covering around 20,000 hectares over the Los Helados Project area. Its Valle Ancho Project is a significant land package located in the Province of Catamarca, Argentina that covers around 1,000 square kilometers.

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NGEx Minerals Ltd

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Post by Betteryear2on Oct 14, 2021 8:05pm

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Post# 34007475

Increases Private Placement to C$25 Million

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, BC, Oct. 14, 2021 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx Minerals" or the "Company") is pleased to announce that due to strong demand it has elected to increase the previously announced non-brokered private placement to an aggregate of up to 31,250,000 common shares of the Company (the "Common Shares") at a price of C$0.80 per Common Share for gross proceeds of up to C$25 million (the "Private Placement").