Jenex shares-for-debt swap approved by TSX-V

2004-07-06 10:51 ET - News Release
Shares issued 39,001,110
JEN Close 2004-07-05 C$ 0.33

Mr. Michael Jenkins reports

TSX APPROVES SHARES FOR DEBT

The Jenex Corp. has received TSX Venture Exchange approval for the corporation's request to issue 133,333 common shares, at a deemed issue price of 30 cents per common share, to settle outstanding debt of $40,000 to an arm's-length creditor. The common shares will be subject to a four-month hold period expiring on Oct. 28, 2004.

WARNING: The company relies upon litigation protection for "forward-looking" statements.