By Laura Lutz
Washington, Dec. 15 - Junex Inc. settled a private placement for C$1.265 million.
The company sold 1.15 million common shares at C$1.10 each.
Laurentian Bank Securities Inc. was lead agent for the deal.
Proceeds will be used to develop the company's Haldimand oil prospect.
Following settlement, the company has 44,381,493 shares outstanding.
Junex is an oil and gas exploration company based in Quebec.
Issuer: | Junex Inc.
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Issue: | Common shares
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Amount: | C$1.265 million
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Shares: | 1.15 million
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Price: | C$1.10
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Warrants: | No
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Agent: | Laurentian Bank Securities Inc.
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Settlement date: | Dec. 15
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Stock symbol: | TSX Venture: JNX
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Stock price: | C$1.05 at close Dec. 14
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