NGEx Announces Concurrent Brokered and Non-Brokered Private Placements for Aggregate Gross Proceeds of up to CDN $20 Million
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC, January 15, 2018 /CNW/ - NGEx Resources Inc. ("NGEx" or the "Company") (TSX:NGQ)(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