Business News • MarketWire • Lorito Holdings S.à.r.l. and Zebra Holdings and Investments S.à.r.l. Swap and Aquire Shares of NGEx Resources Inc. |
Lorito Holdings S.à.r.l. and Zebra Holdings and Investments S.à.r.l. Swap and Aquire Shares of NGEx Resources Inc. |
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Lorito Holdings S.à.r.l. and Zebra Holdings and Investments S.à.r.l. Swap and Aquire Shares of NGEx Resources Inc.
LUXEMBOURG, LUXEMBOURG--(Marketwired - Feb. 19, 2016) - Lorito Holdings S.à.r.l. ("Lorito") and Zebra Holdings and Investments S.à.r.l ("Zebra"), two companies controlled by a trust settled by the late Adolf H. Lundin, announced today that they had acquired by way of a private placement directly from NGEx Resources Inc. (TSX:NGQ)(OMX:NGQ) ("NGEx" or the "Company") 2'973'771 and 7'109'562 common shares respectively of NGEx ("Common Shares") for Cdn$0.60 per Common Share, for a total of 10'083'333 Common Shares representing approximately 5.37% of the Company's then issued and outstanding share capital. The Common Shares were acquired in the private placement announced by the Company on January 26, 2016 (the "Private Placement")."
View More : http://www.marketwired.com/mw/release.do?id=2098504&sourceType=3
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