NGEx Resources Inc. (NGQ.TO: Quote) Wednesday announced termination of its share purchase agreement with Namibian Copper NL, with respect to Namibian's acquisition of NGEx's base metal projects in Eritrea. The agreement was signed on January 17, 2012,
Under the current termination and mutual release agreement, NGEx paid Namibian C$400 thousand to cover the costs incurred by Namibian, in connection with the agreement.
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by RTT Staff Writer
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