NGEx Corporate Update

NGEx Corporate Update

December 2, 2009

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

NGEx Resources Inc.
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)

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