Junex Comments on the Quebec Government's Announcement About Oil and Gas Exploration

Junex (TSX VENTURE:JNX) is pleased by the Quebec Government's announcement this
morning confirming that it will maintain the partnership agreements signed
between Ressources Quebec and the oil companies active on Anticosti Island.  


In parallel with the exploration operations that would be conducted on Anticosti
Island, the Quebec government announces the establishment of a Strategic
Environmental Assessment that will cover the entire hydrocarbon sector, thus
complementing the existing studies on shale gas.  


Junex finally welcomes the clearly-expressed will of the Government of Quebec to
conduct these studies on a sound scientific basis in order to ensure that oil
and gas development in Quebec can be done, if the case arises, in the largest
respect of the principles of sustainable development. 


All documents in connection with the Government's announcement are available at
the following address :
http://www.mddelcc.gouv.qc.ca/communiques/2014/Plan-action-hydrocarbure-briefing-technique-final.pdf



LOI between Ressources Quebec and Junex 

In February 2014, Junex signed a Letter of Intent with Ressources Quebec which
could lead to a two-phase exploration program with a maximum of $90 million
funded in whole by RQ and a third unidentified partner from the industry. In
return for their investments, Ressources Quebec and the industry partner will
gain a working interest of 80% in a Limited Partnership in a project company who
will control 100% of Junex's permits. 


Per this agreement, a total of nine (9) wells totalling $50 million will be
drilled during Phase 1 of the exploration program. The second phase will be
determined by the results of the first phase. The costs for the second phase are
estimated at $40 milion. This agreement is subject to the conclusion of an
agreement with a third partner of the industry before October 31, 2014.


In parallel to this agreement with Junex, Ressources Quebec has also signed a
partnership agreement with the group of companies holding the other permits on
Anticosti Island. This second agreement provides that drilling will be completed
in 2014. If this is the case, Junex anticipates that this work will be carried
out close to the permits held by Junex. The value of our licenses could
fluctuate depending on the results that will be obtained during this work. 


About Junex 

Junex is a junior oil and gas exploration company that holds exploration rights
on approximately 5.2 million acres of land located in the Appalachian basin in
the Province of Quebec. The company is in the heart of the Utica Shale gas
discovery located in the St. Lawrence Lowlands and holds a significant
land-package on the Anticosti Island where an independent report has provided
their Best Estimate of the undiscovered shale oil initially-in-place ("OIIP")
volume for the Macasty Shale on all five of Junex's permits on Anticosti Island
at 12.2 billion barrels. In parallel to its exploration efforts in Quebec and
expansion of its exploration activities elsewhere, the company operates a
drilling services division. 


Forward-Looking Statements and Disclaimer 

Certain statements in this press release may be forward-looking. Forward-looking
statements are based on the best estimates available to Junex at the time and
involve known and unknown risks, uncertainties and other factors that may cause
Junex's actual results, performance or achievements to be materially different
from any future results, performance or achievements expressed or implied by
such forward-looking statements. A description of the risks affecting Junex's
business and activities appears under the heading "Risks and Uncertainties" on
pages 8 to 11 of Junex's 2013 annual management's discussion and analysis, which
is available on SEDAR at www.sedar.com. No assurance can be given that any
events anticipated by the forward-looking information in this press release will
transpire or occur, or if any of them do so, what benefits that Junex will
derive therefrom. In particular, no assurance can be given as to the future
financial performance of Junex. Junex disclaims any intention or obligation to
update or revise any forward-looking statements in order to account for any new
information or any other event. The reader is warned against undue reliance on
these forward-looking statements. 


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: 
Junex Inc.
Mr. Peter Dorrins
President & Chief Executive Officer
418-654-9661


Junex Inc.
Mr. Dave Pepin
Vice  President - Corporate Affairs
418-654-9661