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Published on 8/17/2006 in the Prospect News PIPE Daily.

New Issue: Redex plans C$1 million private placement of stock

By Laura Lutz

Des Moines, Aug. 17 - Redex, Inc. priced a C$1 million private placement of stock.

The offering will consist of 1,666,666 common shares at C$0.60 each.

Redex is a real estate company in Montreal.

Issuer:Redex, Inc.
Issue:Stock
Amount:C$1 million
Shares:1,666,666
Price:C$0.60
Warrants:No
Pricing date:Aug. 17
Stock symbol:TSX Venture: RDX
Stock price:C$0.47

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