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NGEx Minerals Boosts Private Placement to C$175 Million

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NGEx Minerals Boosts Private Placement to C$175 Million

NGEx Minerals (TSE:NGEX) has released an update.

NGEx Minerals Ltd. has raised its private placement to C$175 million due to strong demand, aiming to expand its exploration projects in Argentina and Chile. The company plans to use the funds for the Lunahuasi and Los Helados projects, as well as for general corporate purposes. The placement is pending regulatory approvals and includes participation from key insiders.

For further insights into TSE:NGEX stock, check out TipRanks’ Stock Analysis page.

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