|Bid||1.0800 x 0|
|Ask||1.2000 x 0|
|Day's Range||1.0400 - 1.1100|
|52 Week Range||0.9400 - 1.1800|
|Beta (3Y Monthly)||0.25|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 6, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.85|
Lorito Holdings S.à.r.l. and Zebra Holdings and Investments S.à.r.l. Receive Distribution of Common Shares of NGEx Minerals Ltd.
VANCOUVER , July 17, 2019 /CNW/ - NGEx Resources Inc. ("NGEx" or the "Company") (NGQ.TO) (NGQ.ST) and NGEx Minerals Ltd. ("Spinco" or "NGEx Minerals") are pleased to announce that the previously announced spin-out of the Company's Los Helados property (the "Los Helados Project") and certain other exploration properties into a wholly-owned subsidiary of NGEx, NGEx Minerals by a plan of Arrangement under the Canada Business Corporations Act (the "Arrangement") has been completed. The Company obtained the final order approving the Arrangement from the Supreme Court of British Columbia on June 24, 2019 , and the Arrangement became effective at 12:01 a.m. ( Vancouver time) on July 17 , 2019. In addition, as part of the Arrangement, the Company has changed its name to Josemaria Resources Inc., The Company will begin trading under the new name at the opening of the market on the Toronto Stock Exchange ("TSX") on July 23, 2019 and at the opening of the market on the Nasdaq Stockholm Exchange ("OMX") on July 25, 2019. The new ticker symbol for the Company will be "JOSE" on both exchanges.
NASDAQ Stockholm: NGQ), reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the issuance of common shares pursuant to the terms of a previously announced credit facility, the number of issued and outstanding shares of the Company has increased to 249,587,357 common shares with voting rights as at June 28, 2019 . NGEx is a Canadian mineral exploration company with projects in Chile and Argentina .
VANCOUVER , June 19, 2019 /CNW/ - NGEx Resources Inc. (NGQ.TO) (Nasdaq Stockholm: NGQ) ("NGEx" or the "Company") is pleased to announce that at the Annual Meeting (the "Annual Meeting") of shareholders and Special Meeting (the "Special Meeting" and together with the Annual Meeting, the "Meeting") of shareholders and optionholders of the Company (together, the "NGEx Securityholders") held on June 19, 2019 , the "NGEx Securityholders have approved the previously announced proposed spin-out of the Company's Los Helados Property (the "Los Helados Project") and certain other exploration properties into a wholly owned subsidiary of NGEx, NGEx Minerals Ltd. ("Spinco"). At the Special Meeting, a special resolution approving the transaction was approved by 99.90% of the votes cast at the meeting in person or by proxy by NGEx Securityholders, voting together as a single class.
VANCOUVER , June 12, 2019 /CNW/ - NGEx Resources Inc. ("NGEx" or the "Company") (NGQ.TO) (Nasdaq Stockholm:NGQ) is pleased to announce that it has entered into a new US$10,000,000 credit facility (the "Facility"), from Zebra Holdings and Investments S.à.r.l. The Facility is evidenced by a debenture (the "Debenture") which is unsecured and has a term of 18 months ending December 12, 2020 (the "Maturity Date"). No interest is payable during the term of the Debenture, however, any amount of the Facility remaining unpaid and outstanding on or after the Maturity Date shall bear interest at a rate of 5.00% per annum until repaid in full.
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NGEx Files Notice of Annual Meeting and Special Meeting for Proposed Spin‐Out of Los Helados and Exploration Portfolio
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2019) - Wojtek Woodzicki, President & CEO of NGEx Resources, speaks on the company's intention to split the company into two.If you cannot view the video above, please visit:https://www.b-tv.com/ngex-resources-ceo-clip-90sec/NGEx Resources is being featured on BNN Bloomberg on Apr. 27 - Apr. 28, 2019, throughout the day and evenings.NGEx Resources (TSX: NGQ)www.ngexresources.comAbout CEO Clips:CEO Clips is the largest library of publicly traded company CEO videos in Canada and ...
VANCOUVER , April 17, 2019 /CNW/ - NGEx Resources Inc. (TSX: NGQ, Nasdaq Stockholm: NGQ) ("NGEx", or the "Company") is pleased to announce its intention to spin out its Los Helados Project and exploration portfolio into a wholly-owned subsidiary of NGEx, 11264796 Canada Inc. ("Spinco"), through a Plan of Arrangement under the Canada Business Corporations Act (the "Arrangement"). The Arrangement is designed to deliver greater value to shareholders by unlocking the value of the Los Helados Project moving forward. In parallel, the Company believes that additional value will be created at NGEx as the Company transitions into a well defined, single purpose vehicle focused on advancing the development of the Josemaría Project in San Juan, Argentina. The Arrangement is anticipated to provide greater market awareness of the Company, Spinco, and their respective assets, and offer both the Company and Spinco increased flexibility to advance their respective assets without unnecessary dilution to the other.
NGEX Drills 424 metres at 0.51% copper and 0.41 g/t gold and 308 metres at 0.65% copper and 0.37 g/t gold in reserve definition program at Josemaria
VANCOUVER , Feb. 20, 2019 /CNW/ - NGEx Resources Inc. (NGQ.TO) (Nasdaq Stockholm: NGQ) ("NGEx" or the "Company") is pleased to announce its results for the year ended December 31 , 2018. View PDF Version. With the PFS complete, the Company intends to advance Josemaría towards production by completing a feasibility study ("FS"), securing water rights, and advancing its environmental permitting plans. Field work in support of the feasibility study, including resource and geotechnical drilling, began during the fourth quarter.
VANCOUVER , Jan. 31, 2019 /CNW/ - NGEx Resources Inc. ("NGEx" or the "Company") (NGQ.TO)(NASDAQ Stockholm:NGQ), is pleased to report that it has closed the first tranche of its previously announced C$20 million private placement (the "Offering") and has issued 19,334,000 common shares (the "Common Shares") at a price of C$1.00 per Common Share for gross proceeds of C$19,334,000 , on a non-brokered, private placement basis. The Company expects to close the balance of the Offering on or before February 4 , 2019. A finders' fee of 5.00% is payable in connection with a portion of the Offering. Common Shares sold in the Offering are subject to a hold period of four months plus one day under applicable securities laws in Canada .
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VANCOUVER , Jan. 15, 2019 /CNW/ - NGEx Resources Inc. ("NGEx" or the "Company") (NGQ.TO)(NASDAQ OMX:NGQ), is pleased to announce that it has entered into an agreement with National Bank Financial Inc. and Cormark Securities Inc. (the "Agents"), pursuant to which the Agents have agreed to sell on a "reasonable best efforts" private placement basis, an aggregate of up to 10 million common shares (the "Common Shares") at a price of Cdn $1.00 per Common Share for aggregate gross proceeds of up to Cdn $10 million (the "Offering"). In addition, the Company will grant the Agents an option (the "Agents' Option") to increase the size of the Offering by up to 30%.
VANCOUVER , Dec. 19, 2018 /CNW/ - NGEx Resources Inc. (TSX: NGQ, OMX: NGQ) ("NGEx", or the "Company") today announced the filing of a technical report for the Company's Josemaría Project entitled "NI 43-101 Technical Report, Prefeasibility Study for the Josemaría Copper-Gold Project, San Juan Province, Argentina " (the "Josemaría PFS"). The Josemaría PFS, which is dated December 19, 2018 , and is effective November 20, 2018 , was prepared in compliance with National Instrument 43-101 – Standards for Disclosure for Mineral Projects ("NI-43-101") and supports the scientific and technical disclosure in the Company's news release and material change report both dated November 20, 2018 as amended below.
VANCOUVER , Dec. 12, 2018 /CNW/ - NGEx Resources Inc. (TSX: NGQ, OMX: NGQ) ("NGEx", or the "Company") is pleased to announce the intention to spin-out its 100% owned Josemaría Project (the "Project") located in San Juan province, Argentina , into a standalone public company. The completion of any spin-out and any listing of the resulting entity will be subject to completion of a definitive agreement, regulatory approval, including the approval of the TSX, the approval of shareholders of the Company and the Supreme Court of British Columbia .