Johnex Announces Exclusive Distribution Agreement with Nordex Explosives

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Johnex Explosives is pleased to announce that it has entered into an exclusive agreement with Nordex Explosives (Kirkland Lake, Ontario) to introduce the Johnex Econotrim and Ezicharge products into Canada.

The Econotrim product is a one-piece custom length semi-rigid 21mm diameter coiled charge designed for rapid charging of boreholes in underground tunnelling and shaft sinking where elevated temperatures and reactive ground are common.

The Ezicharge product is a one-piece custom length semi-rigid 32mm diameter coiled charge designed for rapid charging of lifters, wet faces and stripping in underground tunnelling and shaft sinking.

Nordex believes the Econotrim and Ezicharge products will appeal to customers in Canada seeking blasting technologies that are designed to be safer and more reliable than other products due to their one-piece design, which eliminate the need for joining blasting sticks and separate primers, leading to a potential for cost savings to Nordex' customers. Nordex has received Certificate #XP2050-N15-090813002 from Natural Resources Canada (ERD) declaring the products as authorized explosives under the "Explosives Act" in Canada.

JOHNEX and Nordex will jointly undertake an evaluation of the Canadian market and the requirements to manufacture, distribute and sell the products. Under the agreement, JOHNEX will provide the necessary technology, technical expertise and support for Nordex to introduce the products into Canada.

Mr. Jim Taylor, Chief Executive Officer of Nordex stated: "The Econotrim and Ezicharge explosives represent important additions to our line of products and are expected to provide Nordex with a competitive advantage. We are very excited about this relationship with JOHNEX and all the new opportunities and options it will bring to Nordex and our clients."

These new products are expected to complement the existing line of booster sensitive and detonator sensitive emulsions now manufactured by Nordex Explosives Ltd. at its facility located near Kirkland Lake, Ontario.