NGEx Closes $127 Million Placement to Propel South American Projects
Monday, 4 November 2024, 09:50
Funding Boost for South American Ventures
In a monumental move, NGEx recently finalized a $127 million placement to enhance its ongoing projects across South America. This financing, which initially targeted C$100 million, reflects a remarkable upsizing attracting substantial investor interest.
Details of the Placement
- Approximately 16.1 million common shares were issued
- Strengthened financial position to accelerate project development
- Confidence from investors indicates a positive outlook for future growth
This funding marks a significant step for NGEx as it gears up to tap into the rich mineral potential found in South America. For those interested in extensive details, please visit the original source.
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