SEC Revokes Registration of The Jenex Corporation Shares

Toronto, Ontario--(Newsfile Corp. - December 7, 2015) - The Jenex Corporation (TSXV: JEN.H) ("Jenex" or the "Company"). On December 4, 2016 The Jenex Corporation received notice from the Securities and Exchange Commission ("Commission") that the Commission accepted the Offer of Settlement submitted by the Company for the purposes of settlement of proceedings initiated against Jenex on October 23, 2015, pursuant to Section 12(j) of the Securities Exchange Act of 1934. ("Exchange Act"). The Company failed to file required annual and quarterly reports since March 18, 2005 while its securities were registered with the Commission.

Pursuant to Exchange Act Section 12(j), the registration of each class of Jenex's securities registered pursuant to Exchange Act Section 12 are revoked.

Forward Looking Statements

This press release contains forward-looking statements. More particularly, this press release contains statements which include the timing of closing the offering, the anticipated use of proceeds and the receipt of the required approvals. The forward-looking statements are based on certain expectations and assumptions made by Jenex. Although Jenex believes that those expectations and assumptions are reasonable, undue reliance should not be placed on the forward-looking statements because Jenex can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those anticipated due to a number of factors and risks. In addition to other risks, the closing of the offering could be delayed if Jenex is not able to obtain necessary approvals when planned and the offering will not be completed at all if approvals are not obtained or some other condition to the closing is not satisfied. Accordingly, there is a risk that the offering will not be completed within the anticipated time or at all. The intended use of the net proceeds of the offering by Jenex might change if Jenex determines that it would be in the best interests of Jenex to use the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof. Jenex disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

The Jenex Corporation
Peter Shippen
President

Phone:      (416) 304-6811
e-mail: pshippen@redwoodasset.com