|
THE JENEX CORPORATION (C - JEN) - Private Placement
THE JENEX CORPORATION
FOR IMMEDIATE RELEASE
December 19, 2004
Burlington, Ontario
Burlington, Ontario - THE JENEX CORPORATION ("Jenex" or the "Corporation") (TSX Venture Exchange – “JEN”), is pleased to announce that is has successfully completed a $158,000 non-brokered financing. The financing consisted of 790,000 Units at 20 cent per Unit. Each Unit consists of one common share and one common share purchase warrant. Each full warrant entitles the holder to purchase one additional common share of the Corporation at a purchase price of 45 cents per common share within 12 months. The common shares and warrants are subject to a hold period expiring on April 6, 2005.
About the Jenex Corporation
Headquartered in Burlington, Ontario, the Corporation owns a patented Thermal Therapy technology. Patents in the United States, Canada, Australia, and Europe protect the technology. The first device developed from this technology is the Therapik® product, for insect stings and bites. The second device, interceptCS is the first product proven and approved to prevent cold sores. Jenex has been approved to market interceptCS in Canada with its approved claim, “For prevention and relief of the symptoms of herpes labialis (cold sores), such as blistering, lesions, inflammation, and discomfort. Also helps alleviate the embarrassment that is typically associated with herpes labialis (cold sore) outbreaks”. The Corporation is preparing for the launch of interceptCS in the Canadian market in the first half of 2005. Regulatory approvals will be pursued for USA, Europe and Australia. It is estimated that between 45 and 90 million people in North America suffer from recurrent cold sores. More information about the Corporation can be found at: www.jenexcorp.com .
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information contact:
The Jenex Corporation 207 - 940 Sheldon Court Burlington, Ontario L7L 5K6
Attention: Michael A. Jenkins, President Telephone: (905) 632-3830 Facsimile: (905) 632-3774 Email: jenex@jenexcorp.com
Website: www.jenexcorp.com
|