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NGEx Announces Closing of Spin-out of LunR Royalties

Newswire.ca - Thu Oct 23, 2025

VANCOUVER, BC, Oct. 23, 2025 /CNW/ - NGEx Minerals Ltd. ("NGEx", "NGEx Minerals" or the "Company") (TSX: NGEX) (OTCQX: NGXXF) is pleased to announce that it has closed its previously announced spin-out transaction of net smelter returns royalties on the Lunahuasi and Los Helados Projects by NGEx Minerals to LunR Royalties Corp. ("LunRRoyalties") by way of a statutory plan of arrangement (the "Plan of Arrangement") under the Canada Business Corporation Act (the "Arrangement") effective at 12:01 a.m. (Vancouver time) (the "Effective Time") on October 23, 2025 (the "Effective Date"). PDF version

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