Zebra Holdings & Investments S.a.r.l.

Lorito Holdings S.a.r.l.

December 15, 2010 18:04 ET

Lorito Holdings S.a.r.l. and Zebra Holdings and Investments S.a.r.l.: Corporate Update

LUXEMBOURG, LUXEMBOURG--(Marketwire - Dec. 15, 2010) - Lorito Holdings S.a.r.l. ("Lorito") announces that on December 9, 2010 it acquired 3,034,200 common shares of NGEx Resources Inc. (the "Company") at a price of $1.197258 each for total consideration of $3,632,720.22.

The common shares were acquired by Lorito through the trading facilities of the Toronto Stock Exchange. Prior to the acquisition of the common shares, Lorito held 5,615,400 common shares of the Company or 3.8% of the issued and outstanding share capital of the Company, and Zebra Holdings & Investments S.a.r.l. ("Zebra") owned 15,411,841 common shares of the Company or 10.5% of the Company's issued and outstanding share capital. The two entities now own an aggregate of 24,060,541 common shares or approximately 16.4% of the Company's current issued and outstanding share capital.

Lorito acquired securities in the Company for investment purposes only and Zebra and Lorito may, in the ordinary course of their business, acquire additional securities of the Company depending on market and other conditions.

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 release.

Contact Information

  • Lorito Holdings S.a.r.l.
    Zebra Holdings & Investments S.a.r.l.
    Mr. Aksel Azrac
    + 352-266-448-1 /+352 26 20 28 80