QUEBEC CITY, Jan. 26, 2018 (GLOBE NEWSWIRE) -- Junex Inc. (TSX VENTURE:JNX) (“Junex” or the “Company”) announces that, as provided for under the debentures issued in July 2015 held by CDPQ SODEMEX INC. and Sidex s.e.c., it is settling a total interest payment of $76,027.40 by issuing a total of 205,480 shares at a price of $0.37 each.
This transaction is subject to the approval of the TSX Venture Exchange. These shares will be subject to a four month hold period.
About Junex
Junex is a Quebec SME that seeks to be a catalyst in accessing Quebec's oil and gas resources, while ensuring that their development becomes an important means of creating collective wealth for Quebeckers. Junex's operations are conducted in a responsible manner, in strictest compliance with the rules, laws and regulations that govern oil and gas activities. To that end, every day it takes all measures to minimize the environmental impact of its activities.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
Junex Inc.
Jean-Yves Lavoie
President & Chief Executive Officer
418-654-9661