NGEx closes first tranche of non-brokered private placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC, January 31, 2019 /CNW/ - NGEx Resources Inc. ("NGEx" or the "Company") (TSX:NGQ)(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