PRESS RELEASE

                                                                                        For immediate distribution

JUNEX SIGNS A NEW FARMOUT AGREEMENT WITH A MAJOR
US???BASED INDEPENDENT GAS PRODUCER

April 1, 2008 ??? Quebec (Quebec) // Junex Inc. (JNX - TSXV) is pleased to announce the signature of a farmout agreement with the Canadian wholly-owned subsidiary of a major US-based independent gas producer in order to accelerate the exploration of the Utica Shale in Quebec.

Pursuant to the terms of the farmout agreement the partner will pay to Junex an initial fee of US$ 1,000,000 to acquire an option to earn an interest in the shale sections of 55,000 acres of land in the Contrecoeur area located approximately 50 kilometers from the city of Montreal. In the event the partner elects to exercise the option it shall invest US$ 4,000,000 in complete work commitments within a period of 18 months in order to become entitled to the assignment of up to a 60% working interest in the shale sections of the above-mentioned land. In such event, Junex will retain the balance of the working interest in the said land following such assignment along with a 100% working interest in all the other geological formations, including the Trenton Black-River.

The farmout agreement stipulates that Junex will start the drilling of an exploration well on the land before July 2008. Such exploration well will target the Trenton Black-River formation and Junex will provide the partner with all geological and logging information derived from the exploration well. Such information will be used by the partner in deciding whether or not to exercise the option to perform the work commitments.

???Junex is a leader in the exploration of Shale gas in Quebec and this transaction is evidence of the value of the 1,102,055 acres upon which we have rights in the St-Lawrence river basin. The North American gas industry has expressed significant interest in the Shale gas production in the recent years and we are very excited to be at the forefront of a possibly new Basin for unconventional resource. We are extremely pleased to have entered this agreement with such a strong partner which has consistently proven itself as a leader in the development of unconventional natural resources in the United States.??? as noted by Junex???s President, Mr. Jean-Yves Lavoie, P. Eng.

About Junex

Junex holds exploration rights on more than 6 million acres of land located in the Appalachian basin in the province of Quebec.  Recent major discoveries in the United States and Eastern Canada have stimulated exploration in Quebec, which is located in a favourable geological setting for oil and gas discovery. Junex???s strategy is to reduce exploration risks by entering into partnerships with other exploration companies.  In parallel to its exploration efforts, Junex goal is to achieve positive cash flows from its natural brine and drilling services operations.  Junex also holds approximately a 9.4% interest in Petrolia (PEA : TSXV) and a 2.2% interest in Gastem (GMR : TSXV).

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

For further information at Junex:

Mr. Jean-Yves Lavoie                                                                                Mr. Dave P??pin

President                                                                                          Corporate Affairs

418-654-9661                                                                                   418-654-9661