Just Energy Group Inc. announced that it will redeem the outstanding $94,652,000 principal amount of the Debentures on February 21, 2017. On the Redemption Date, Just Energy will pay in cash to the holders of Debentures, a redemption price equal to $1,008.5479 for each $1,000 principal amount of Debentures, being equal to the aggregate of $1,000 principal amount and all accrued plus unpaid interest thereon to but excluding the Redemption Date, in each case less any taxes required to be deducted or withheld. Formal notice of redemption was delivered to the holders of Debentures in accordance with the terms of the trust indenture governing the Debentures on January 17, 2017. The Redemption Date shall also constitute the time of expiry in respect of the conversion right attached to the Debentures.