02:56 PM EDT, 10/23/2025 (MT Newswires) -- NGEx Minerals ( NGXXF ) on Thursday closed its spin-out transaction of net smelter returns royalties on the Lunahuasi and Los Helados Projects to LunR Royalties.

Each NGEx shareholder as at the close of business on October 22, 2025, will receive one new NGEx share and one quarter of a LunR Royalties share per NGEx share held. On completion of the arrangement, NGEx will have a 19.9% ownership stake in LunR Royalties.

The new NGEx shares will begin trading on the Toronto Stock Exchange on Oct. 27, and the ticker symbol will continue to be "NGEX".

LunR Royalties shares have not been listed on any stock exchange.

NGEx Minerals ( NGXXF ) shares are down $0.28, to $24.77, on the Toronto Stock Exchange.

Price: 24.69, Change: -0.33, Percent Change: -1.32