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NGEx Receives Court Approval for the Spin-Out of Royalties

Newswire.ca - Thu Sep 18, 2025

VANCOUVER, BC, Sept. 18, 2025 /CNW/ - NGEx Minerals Ltd. ("NGEx", "NGEx Minerals" or the "Company") (TSX: NGEX) (OTCQX: NGXXF) is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia approving the previously announced spin-out transaction pursuant to which the Company will spin-out net smelter returns royalties on the Lunahuasi and Los Helados Projects into a wholly-owned subsidiary of NGEx, LunR Royalties Corp. ("LunR Royalties"), by way of a statutory plan of arrangement under the Canada Business Corporation Act (the "Arrangement"). As previously announced, on September 12, 2025, the Arrangement was approved by the shareholders of the Company (the "NGEx Shareholders") at the special meeting of NGEx Shareholders held on September 12, 2025. PDF Version

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