主题：【原创】油气和商品ETFs -- 路人

CALGARY, Sept. 18 /CNW/ - Verenex Energy Inc. ("Verenex") (VNX - TSX) and

the Libyan Investment Authority (the "LIA") jointly announced today they have

entered into a binding memorandum of understanding ("MOU") respecting the

sale of all of the issued and outstanding shares of Verenex (on a

fully-diluted basis) to the LIA at a price of $7.09 per share in cash. The

MOU provides that Verenex shall distribute out to its shareholders any

positive working capital at the time of closing, which Verenex currently

estimates will be a nominal amount and subject to a number of factors which

are primarily the rate of ongoing expenditures by Verenex and the period of

time for completion of the transaction.

The MOU contemplates that a definitive agreement will be signed on or

before October 20, 2009, and that the LIA will escrow funds or establish an

irrevocable letter of credit or bank guarantee arrangement for the purchase

of Verenex at the time the definitive agreement is signed.