NG ENERGY ANNOUNCES BRIAN PAES-BRAGA TO BECOME NEW BOARD CHAIR, ANNOUNCES A FULLY SUBSCRIBED OFFERING OF CDN$30 MILLION AND PROVIDES CORPORATE UPDATE - NG Energy Intl (OTC:GASXF)

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ Funding led by incoming Chair and associates to take NGE to cash flow positive After 6 years and approximately US$100

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