NGEx Minerals completes $85.7 million private placement

On August 11, 2023, NGEx Minerals Ltd. completed a non-brokered private placement of 13,178,460 common shares at a price of $6.50 per common share for aggregate gross proceeds of approximately $85.7 million.

Cassels Brock & Blackwell LLP acted for NGEx Minerals with a deal team that included Jen Hansen, Jonathan Chandler (Securities and Mining), Eni Silva (Law Clerk), and Harjan Padda (Summer Student).