19 June 2014
Gernandt & Danielsson advises in a private placement and secondary listing of shares by NGEx
Gernandt & Danielsson has advised Pareto Securities AB(Sole Bookrunner and Lead Manager) in a private placement of common shares in NGEx Resources Inc. of approx. 210 million SEK. The private placement was directed to Swedish and international investors. Skandinaviska Enskilda Banken AB was Co-Manager in connection with the private placement.
NGEx is a Canadian mineral exploration company with exploration projects in Chile, Argentina and Canada and focuses on advancing its South American projects which include several large copper-gold systems. NGEx is listed on the Toronto Stock Exchange and has been approved for a secondary listing of its common shares on NASDAQ OMX Stockholm in connection with the private placement.
Gernandt & Danielsson’s team has primarily consisted of Partner Carl Westerberg, Senior Associate Leo Lee and Associate Oscar Anderson.