10:56 AM EST - Junex Inc. : Says Utica Resources Inc. has delivered to the Special Committee of the Board of Directors of Junex Inc. an offer to acquire all of the outstanding common shares of Junex Pursuant to the Offer, each shareholder of Junex would have the option to receive, for each Junex Common Share held, either (a) $0.42 in cash or (b) $0.40 in cash plus a contingent value right entitling the holder thereof to receive a pro rata share, paid yearly in cash, of a royalty of 1.0% of revenue attributable to Junex's current working interest share (a 0.5287% overriding royalty) of the gross monthly production of all petroleum substances, after certain deductions, from Junex's Galt project; the CVR would be redeemable by Utica at any time for an additional cash payment of $0.10 per Junex Common Share. Junex Inc.
shares V.JNX are trading unchanged at $0.42.
