Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

NGEX.TO ·

NGEx Minerals Announces Grant of Stock Options

Share Capital & Compensation

NGEx Minerals Ltd.

2000 – 885 West Georgia Street

Vancouver BC Canada V6C 3E8

T +1 604 689 7842

F +1 604 689 4250

[email protected]

NGEXminerals.com

NGEx Minerals Announces Grant of Stock Options

Vancouver, November 29, 2022 - NGEx Minerals Ltd. (TSXV: NGEX) (“NGEx Minerals” or the “Company”) is

pleased to announce that in accordance with its stock option plan, the Company has granted a total of 285,000

incentive stock options to certain officers, employees, and other eligible persons of the Company. The stock

options are exercisable, subject to vesting provisions, over a period of five years at an exercise price of C$3.16

per share.

ABOUT NGEX MINERALS

NGEx Minerals is a copper and gold exploration company based in Canada, focused on advancing its Los

Helados copper-gold project located in Chile's Region III and testing the nearby Potro Cliffs exploration target

located approximately 12 kilometres to the southwest in San Juan Province, Argentina. Both projects are

located within the Vicuña District which includes the Josemaria and Filo del Sol deposits. Los Helados and the

Potro Cliffs target lie along the same major north -northeast trending structure th at controls the Filo del Sol

deposit.

NGEx Minerals is the majority partner and operator for the Los Helados Project, subject to a Joint Exploration

Agreement with Nippon Caserones Resources Co., Ltd. who operate the Caserones open pit copper mine

located approximately 15km north of Los Helados.

The Company is listed on the TSXV under the trading symbol "NGEX". NGEx Minerals is part of the Lundin

Group of Companies.

On behalf of NGEx Minerals,

Wojtek Wodzicki,

President and CEO

For further information:

Amanda Strong, Investor Relations

Canada: +1 604 689 7842 or [email protected]

Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR website at

www.sedar.com or on the Company’s website at www.NGExminerals.com.

ADDITIONAL INFORMATION

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts

responsibility for the adequacy or accuracy of this news release.

The information contained in this news release was accurate at the time of dissemination but may be superseded by

subsequent news releas e(s). The Company is under no obligation, nor does it intend to update or revise the forward -

looking information, whether as a result of new information, future events or otherwise, except as may be required by

applicable securities laws.