VANCOUVER, Sept. 26, 2019 /CNW/ - NGEx Minerals Ltd. (TSXV:NGEX) (the "Corporation" or "NGEx Minerals") announces that pursuant to the terms of its stock option plan, the Company has granted a total of 3,445,000 incentive stock options to various directors, officers and employees of the Corporation. The stock options were granted on September 26, 2019, with an exercise price of $0.475, based on the Company's share price on the previous day's market-close.  The stock options shall vest in equal instalments on an annual basis over a two-year period and shall expire five years from the date of grant.

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In accordance with TSX Venture Exchange (TSX-V) rules, the aforementioned 3,445,000 incentive stock option grant(s) are subject to TSX-V approval.

About NGEx Minerals

On behalf of the board of directors of NGEx Minerals,

Wojtek Wodzicki 
President and CEO, 
NGEx Minerals Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE NGEx Minerals Ltd.

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