Canext Energy Ltd. ("Canext" or the "Company") (TSX VENTURE:CXZ) has granted
2,026,000 stock options to certain employees, consultants, officers and
directors to acquire common shares at $0.44/share. One third of the options vest
immediately and one third vest on each of the next two anniversary dates. If
unexercised, the options will expire in four years.


Following the grant, the Company will have 7,007,500 options outstanding
representing 8% of the outstanding common shares with an average strike price of
$0.63/share.
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