PGNX CAPITAL CORP.
NEX BOARD : PGN.H

August 24, 2012 15:24 ET

PGNX Regrettably Announces Sudden Passing of Chief Executive Officer

KELOWNA, BRITISH COLUMBIA--(Marketwire - Aug. 24, 2012) - Mr. Martin Weinberg, Chairman of PGNX Capital Corp. ("PGNX" and formerly, Paragon Pharmacies Limited) (NEX BOARD:PGN.H) (formerly TSX VENTURE:PGN.V) regrettably announces the sudden passing of PGNX's Chief Executive Officer, Mr. Denis Taillieu. The Board of Directors of PGNX will convene shortly to appoint a new Chief Executive Officer.

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.

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