NGEx Minerals (TSX: NGEX) shareholders approved a spin-out of its Valle Ancho Project to Valiente Resources
NGEx Minerals (TSX: NGEX) shareholders approved a spin-out of its Valle Ancho Project to Valiente Resources. The deal, pending court approval, will exchange NGEx shares for Valiente shares. NGEx retains its existing holdings. The Valle Ancho Project covers 1,180 km2 in Argentina and Chile, with historical and recent drilling showing copper-gold potential.