|Bid||1.00 x 0|
|Ask||1.04 x 0|
|Day's Range||1.0000 - 1.0100|
|52 Week Range||0.9100 - 1.3300|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 20, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.00|
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 .
Anyone researching NGEx Resources Inc. (TSE:NGQ) might want to consider the historical volatility of the share price. Volatility is considered to be a measure of risk in modern finance theory. Read More...
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%.
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 6,933 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 227,916,086 common shares with voting rights as at December 31, 2018 . NGEx is a Canadian mineral exploration company with exploration projects in Chile and Argentina .
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 .
NGEx Announces Positive PFS Results for Josemaría with a US$2.0 Billion After Tax NPV and 19% IRR
VANCOUVER , Nov. 6, 2018 /CNW/ - NGEx Resources Inc. (NGQ.TO) (NGQ.ST) ("NGEx" or the "Company") is pleased to announce its results for the three and nine months ended September 30 , 2018. View PDF version. The PFS economics are expected to benefit from the proposed decrease in the Argentine corporate tax rate from the 35% used in the Constellation PEA to 25% starting January 1, 2020 .
VANCOUVER , Oct. 5, 2018 /CNW/ - NGEx Resources Inc. ("NGEx" or the "Company") (NGQ.TO) (Nasdaq Stockholm:NGQ) is pleased to announce that it has secured an $5 million credit facility (the "Facility") from Zebra Holdings and Investments S.à.r.l., Luxembourg (the "Lender"), a company owned by a trust whose settlor was the late Adolf H. Lundin . The Lender is an insider of NGEx. All amounts are stated in U.S. dollars ("$"). The Facility is evidenced by a debenture (the "Debenture") which is unsecured and is due on or before October 5, 2019 , being twelve months from the date of the Debenture (the "Maturity Date").
TORONTO , Aug. 9, 2018 /CNW/ - Denison Mines Corp. ("Denison" or the "Company") (DML.TO) (NYSE MKT: DNN) (NYSE American: DNN) is pleased to announce that David Cates , Jack Lundin , Moo Hwan Seo, and Patricia Volker have been appointed to the Board of Directors of the Company. In connection with, and in order to facilitate, the appointment of the new Directors, the Company has accepted the resignation of Kwang-Hee Jeong and Lukas Lundin . View PDF Version. Lukas Lundin , the Company's outgoing Executive Chairman, commented "I am pleased to welcome several new Directors to the Company's Board, including Denison's President and CEO, David Cates . Under David's leadership, the Company has executed on its strategic plan to divest its non-core international assets and position itself as the leading junior developer in the eastern Athabasca Basin.
On July 3, 2018 , the Company announced the start a Preliminary Feasibility Study ("PFS") on its 100% owned Josemaría Project in San Juan Province, Argentina to evaluate the potential to develop an open pit mine and adjacent processing plant to exploit the Josemaría deposit as a stand-alone project. The Josemaría PFS can be fast-tracked as a result of the extensive work that has already been completed for the Project Constellation Preliminary Economic Assessment ("Constellation PEA") and is expected to be finished by the first quarter of 2019.
VANCOUVER , June 25, 2018 /CNW/ - NGEx Resources Inc. (NGQ.TO) (Nasdaq Stockholm: NGQ) ("NGEx" or the "Company") is pleased to report encouraging copper-gold results from initial scout drilling at its new Nacimientos exploration project in San Juan Province Argentina. The Nacimientos Project is the Company's newest exploration project and is a district-scale land package that extends over approximately 15,000 hectares and covers at least six distinct porphyry copper-gold and epithermal gold targets. The project area is located approximately 80 kilometres south of Barrick Gold's Veladero Mine and is within a possible extension of the prolific El Indio-Veladero gold belt that hosts past production and current resources of more than 50 million ounces of gold (see Figure 1). Project logistics are excellent, and the site is approximately an hour's drive on dirt roads from a paved highway and small town.
The record date for the Annual General Meeting is May 4, 2018 . The Notice of Meeting, the accompanying Management Proxy Circular and related meeting materials are now available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.ngexresources.com. The information in this section is of significance to Shareholders who hold their securities ("Euroclear Registered Securities") through Euroclear Sweden AB, which securities trade on the NASDAQ OMX Stockholm.
The Company completed a $12.5 million private placement, selling an aggregate of 12,500,000 common shares for net proceeds of $12.1 million . Net proceeds of the private placement will be used towards ongoing work programs in Chile and Argentina as well as for general corporate purposes. A three to four hole scout drilling program was initiated at the Company's new Nacimientos copper/gold project located in San Juan Province, Argentina .
Investors are always looking for growth in small-cap stocks like NGEx Resources Inc (TSX:NGQ), with a market cap of CA$228.63M. However, an important fact which most ignore is: how financiallyRead More...
NGEx Resources Inc (TSX:NGQ), a metals and mining company based in Canada, saw significant share price volatility over the past couple of months on the TSX, rising to the highsRead More...