NGEx Resources Inc.

NGEx Resources Inc.

December 02, 2009 08:29 ET

NGEx Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 2, 2009) - NGEx Resources Inc. (TSX:NGQ) (or "the Company") announces that it has granted an aggregate of 3,057,500 incentive stock options to certain officers, directors and other eligible employees of the Company. The options are exercisable, subject to vesting provisions, over a period of five years at a price of $0.70 per share.

On behalf of the Board,

Wojtek Wodzicki
President and CEO

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