TSX : SXI
VANCOUVER, June 19 /CNW/ - Daniel J. Russell Investments Inc.
("DJR Investments"), of 64 Dalkeith Drive, Brantford, ON, N3P 1N6, is
reporting its recent acquisition of securities at a purchase price of $990,000
in Synex International Inc. ("Synex") (Toronto Stock Exchange: SXI).
On June 19, 2007, DJR Investments acquired ownership of 1,500,000 common
shares of Synex, representing approximately 43% of common shares available
under the private placement of June 19, 2007. The shares were acquired by DJR
Investments privately from Synex at a price of $0.66 per share for investment
As a result of the acquisition of the shares, DJR Investments owns
7,730,000 common shares of Synex, representing approximately 28% of the issued
and outstanding common shares of Synex.
Synex International Inc. is a public company listed on the TSX with
businesses that cover the development, ownership and operation of electrical
generation facilities and the provision of consulting engineering services in
water resources, particularly hydroelectric facilities.
Greg Sunell, President
For further information:
For further information: or a copy of the early warning report please
contact: Daniel J. Russell Investments Inc., Attention: Daniel J. Russell,
President, 64 Dalkeith Drive, Brantford, ON, N3P 1N6