StocksMedium•12 November 2026•
1 min read
NGEx Minerals Completes Spin-Out of Valle Ancho Project
Key Facts
1NGEx Minerals has finalized the spin-out of its Valle Ancho project into an independent entity, Valiente Resources.
2Valiente Resources has received final approval to list its shares on the TSX Venture Exchange.
NGEx Minerals has finalized the spin-out of its Valle Ancho project into an independent entity, Valiente Resources. Benzinga reported that Valiente Resources has received final approval to list its shares on the TSX Venture Exchange, establishing the project as a standalone public company.
The spin-out is intended to create a standalone vehicle for the Valle Ancho project, allowing NGEx Minerals to focus on its core assets. NGXXF shares closed at $15.96 on November 11, 2026, with the stock reaching a day high of $15.96 and a low of $15.69 during that session.