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Public market insider buying at NGEx Minerals (T:NGEX)

Updated Thursday Jun 15, 2023 03:06 AM EDT

Nemesia S.a.r.l., a 10% Holder, acquired 58,100 Common Shares on a direct ownership basis at a price of $6.600 on June 13th, 2023. This represents a $383,460 investment into the company's shares and an account share holdings change of 6.3%.

NGEx Minerals is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

NGEx Minerals Ltd. is a Canada-based copper and gold exploration company with projects in Chile and Argentina. The Company is principally engaged in the acquisition, exploration, and development of mineral properties in South America. The Company holds the large-scale Los Helados copper-gold deposit, as well as the Potro Cliffs and Valle Ancho Projects located in Argentina. The Company operates through three segments: Los Helados Project, Valle Ancho, and Corporate. The Los Helados deposit is located in the Andes Mountains of the Atacama Region, Chile. Mineralization at Los Helados is primarily hosted by a Miocene magmatic-hydrothermal breccia that forms a roughly circular pipe-like body. The Valle Ancho Project is a significant land package held by the Province of Catamarca that covers approximately 1,000 square kilometers (km2) of highly prospective ground on the Argentinian side of Chile's Maricunga Gold Belt. NGEx Minerals Ltd. (NGEX) has a high amount of executive buying compared to its mid-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $383,460.

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Go to NGEx Minerals Ltd. (NGEX)'s company page

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