TORONTO, Dec. 6 /CNW Telbec/ - Pursuant to regulatory requirements,
David Banks announced that he has acquired 25,000 common shares of Dynex
Power Inc. ("Dynex") (TSXV: DNX) on the open market through the facilities of
the TSX Venture Exchange representing less than one tenth of 1.0% of the total
issued and outstanding common shares of Dynex as of December 6, 2007.
As a result of this transaction, Mr. Banks holds, as at December 6, 2007,
a total of 5,675,405 common shares of Dynex representing approximately 17.02%
of all issued and outstanding common shares of Dynex as at December 6, 2007.
This acquisition was made for investment purposes.
Mr. Banks is a Director and the Chairman of Dynex.
For further information:
For further information: David Banks, +44 1522 502920