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Jenex to issue 250,000 shares for debt
Jenex to issue 250,000 shares for debt
2005-04-14 14:12 ET - News Release Shares issued 39,001,110 JEN Close 2005-04-13 C$ 0.125
Mr. Michael Jenkins reports
Jenex Corp. will issue 250,000 common shares at a deemed price of 20 cents per common share as consideration for the settlement of $50,000 in trade payables owed to consultant of the corporation. The proposed transaction is arm's length. The transaction is subject to TSX Venture Exchange approval and the shares will be subject to a four-month hold period from the date of issue.
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