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Message: NR buyback shares..smart

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NR buyback shares..smart

posted on Jul 21, 11 11:45AM

May 27, 2011 (Marketwire Canada) --

QUEBEC CITY, QUEBEC -- Junex Inc. (TSX VENTURE:JNX) announces that it intends to make a normal course issuer bid. Under the normal course issuer bid, Junex will be entitled to repurchase for cancellation up to 1,000,000 common shares over a twelve-month period commencing June 1, 2011 and ending May 31, 2012, representing 1.63% of Junex's issued and outstanding common shares. The purchases by Junex will be effected through the facilities of the TSX Venture Exchange and will be made at the market price of the common shares at the time of the purchase. As at May 25, 2011, there were 61,242,071 Junex common shares issued and outstanding

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