NGEx Resources Inc.
The NGEx District

Chile's Biggest New Copper-Gold Camp

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NGEx Corporate Update

Dec 2, 2009 - 08:29 ET
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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


FOR FURTHER INFORMATION PLEASE CONTACT:

NGEx Resources Inc.
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
ngexresources@namdo.com
www.ngexresources.com



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