Junex inc.

Junex inc.

August 21, 2006 11:24 ET

Junex announces warrant exercice totalling $3,056,174

QUEBEC, QC, Aug. 21 - Junex (JNX - TSX Venture Exchange)
announces that 2,855,600 warrants were exercised among a total of 2,940,660
outstanding warrants with an expiry date of August 18, 2006. These warrants
were issued as part of an offering of units by Junex pursuant to a public
placement (by way of a Long Form Prospectus) which closed on August 18, 2004.
A total of 386,300 warrants were exercised at a price of $0.88 and a total of
2,469,300 warrants were exercised at a price of $1.10. The total proceeds of
$3,056,174 will be used for pursuing the exploration projects of the company.

Contact Information

  • JUNEX :
    Mr. Jean-Yves Lavoie, P. Eng.
    (418) 654-9661