VANCOUVER, BC, Aug. 28,
2023 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX)
("NGEx Minerals" or the "Company") is pleased to announce
that in accordance with its stock option plan, the Company has
granted a total of 1,425,000 incentive stock options to certain
officers, employees, and other eligible persons of the Company. The
stock options are exercisable, subject to vesting provisions, over
a period of five years at an exercise price of C$6.20 per share. PDF Version
ABOUT NGEX MINERALS
NGEx Minerals is a copper and gold exploration company based in
Canada, focused on exploration of
its Los Helados copper-gold project located in Chile's Region III and the nearby Lunahuasi
copper-gold-silver project located approximately 12 kilometres to
the southwest in San Juan Province, Argentina. Both projects are located within
the Vicuña District, which includes the Josemaria and Filo del Sol
deposits. Los Helados and Lunahuasi lie along the same major
north-northeast trending structure that also controls the Filo del
Sol deposit.
NGEx Minerals is the majority partner and operator for the Los
Helados Project, subject to a Joint Exploration Agreement with
Nippon Caserones Resources Co., Ltd. which is the 49% owner of the
Caserones open pit copper mine located approximately 15km north of
Los Helados. Lundin Mining Corporation holds the remaining 51%
stake in Caserones.
The Company is listed on the TSXV under the trading symbol
"NGEX". NGEx Minerals is part of the Lundin Group of Companies.
On behalf of NGEx Minerals,
Wojtek Wodzicki,
President and CEO
Additional information relating to NGEx Minerals Ltd. may be
obtained or viewed on the SEDAR+ website at www.sedarplus.ca
or on the Company's website at www.NGExminerals.com.
ADDITIONAL INFORMATION
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this news
release.
The information contained in this news release was accurate
at the time of dissemination but may be superseded by subsequent
news release(s). The Company is under no obligation, nor does
it intend to update or revise the forward-looking information,
whether as a result of new information, future events or
otherwise, except as may be required by applicable
securities laws.
SOURCE NGEx Minerals Ltd.
