NGEx to Commence Trading on NASDAQ OMX Stockholm on June 19, 2014
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2014) -NGEx Resources Inc. (TSX:NGQ) ("NGEx" or the "Company") is pleased to announce that it has obtained approval of a secondary listing of its common shares on NASDAQ OMX Stockholm subject to the closing of the private placement announced, as amended, on June 5, 2014. The shares are expected to commence trading on NASDAQ OMX Stockholm on June 19, 2014.
The Company's common shares will continue to trade on the Toronto Stock Exchange under the symbol "NGQ". The ISIN-code CA65339B1004 will remain the same. The symbol "NGQ" and ISIN-code CA65339B1004 will henceforth also apply to the Company's shares listed on NASDAQ OMX Stockholm.
A prospectus has been prepared in connection with the application for admission of the Company's shares to trade on NASDAQ OMX Stockholm. The Company's listing prospectus has been approved by and registered with the Swedish Financial Supervisory Authority and is available on the Company's website at www.ngexresources.com and Pareto Securities AB's website at www.paretosec.com.
Pareto Securities AB is the financial advisor to the Company in connection with the Listing.
NGEx is a Canadian mineral exploration company with exploration projects in Chile, Argentina, and Canada. The Company's shares are listed on the TSX under the symbol "NGQ". The Company's focus is on advancing its South American projects which include several large copper-gold systems including the Josemaria, Los Helados, and Filo del Sol projects, located on a land package that the Company holds in Chile's Region III and adjacent San Juan Province, Argentina. Los Helados and Filo del Sol are part of a joint venture in which the Company holds 60% and Pan Pacific Copper Co., Ltd. holds 40%. Josemaria is part of a joint venture in which the Company holds 60% and Japan Oil, Gas, and Metals National Corporation (JOGMEC) owns 40%. In addition, the Company holds an extensive portfolio of 100% owned early stage exploration projects located in Chile and Argentina. It also owns a 100% interest in the GJ copper and gold project located in British Columbia Canada. The GJ project is optioned to Teck Resources who are earning up to a 75% interest.
On behalf of the board
Wojtek Wodzicki, President and CEO