NGEx Share Capital and Voting Rights Update

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 31, 2018) - NGEx Resources Inc. ("NGEx" or the "Company") (TSX:NGQ)(NASDAQ OMX:NGQ), reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act.

As a result of the issuance of 12,500,000 common shares, pursuant to a previously disclosed private placement, and the issuance of 6,323 common shares, pursuant to a previously disclosed credit facility, the number of issued and outstanding shares of the Company has increased to 226,281,153 common shares with voting rights as at January 31, 2018.

About NGEx

NGEx is a Canadian mineral exploration company with exploration projects in Chile and Argentina. The Company's shares are listed on the TSX and on Nasdaq Stockholm under the symbol "NGQ". The Company's focus is on advancing the development of its two, large copper-gold deposits, Los Helados and Josemaría, located in Chile's Region III and adjacent San Juan Province, Argentina. The Company owns a 100% interest in the Josemaria project and is the majority partner and operator for the Los Helados project. Los Helados is subject to a Joint Exploration Agreement with its joint exploration partner in Chile, Pan Pacific Copper.

Additional Information

This information is information that NGEx is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person set out below, on January 31, 2018 at 2:30 p.m. Pacific Time.

On behalf of the Board,

Wojtek Wodzicki

President and CEO