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Synex Renewable Energy Corporation

10:11 AM EST - Synex Renewable Energy Corporation : Has closed a non-brokered private placement financing of common shares in the capital of the Company at a price of $1.78 per Common Share. An aggregate of 308,988 Common Shares were issued for aggregate gross proceeds of $549,998.64. Synex Renewable Energy Corporation shares T.SXI are trading unchanged at $1.73.