The Jenex Corporation ("Jenex") (TSX VENTURE:JEN.H) - 

NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES

Further to a press release dated March 26, 2013 disclosing a non-brokered
private placement of up to $250,000, Jenex is pleased to announce that it has
completed a non-brokered private placement of 10,000,006 units ("Units") at a
price of $0.015 per Unit for gross proceeds of $150,000. Each Unit consists of
one common share ("Common Share") and one half of one Common Share purchase
warrant ("Warrant"). Each full Warrant is exercisable into one Common Share at
$0.10 per share until May 21, 2014. The private placement was approved by the
Board of Directors of the Company.


The private placement was conducted in Ontario only, pursuant to a partial
revocation of a Cease Trade Order issued by the Ontario Securities Commission.
The Company plans to use the funds to bring all its continuous disclosure
filings up to date and pay related late filing fees and penalties.


The net proceeds of the Private Placement are estimated to be applied as follows:



Description                                                             Cost
Penalties and fees for past late filings of continuous disclosure           
 documents                                                           $25,000
Legal, accounting and audit fees                                     $40,000
Application for revocation of the cease trade orders applicable to          
 the Applicant                                                       $25,000
NEX maintenance fees -- TSXV                                         $20,000
Outstanding accounts and other maintenance-related costs             $40,000
Total Financing:                                                    $150,000



The securities issued in connection with the private placement are subject to a
hold period that runs to September 22, 2013. The securities of the Company,
including those issued in the private placement, may only be traded once the
cease trade orders issued by the Ontario, British Columbia and Alberta
Securities Commissions are fully revoked.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rob Fia, Chairman
rfia@kingsdalecapital.com


Peter Shippen, CEO
pshippen@redwoodasset.com

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