CEMATRIX announces uplisting to TSX and new ticker symbol CEMX
15 Julio 2024 - 7:30AM
CEMATRIX Corporation (TSX: CEMX) (TSXV: CVX)
(OTCQB: CTXXF) ("
CEMATRIX" or the
"
Company"), a North American leading manufacturer
and supplier of technologically advanced cellular concrete
products, is pleased to announce the Company is uplisting from the
TSX Venture Exchange (“TSXV”) to the Toronto Stock Exchange
(“TSX”).
Concurrent with the uplisting, the Company is
changing its ticker symbol to CEMX. It is expected that at the
market open on July 16, 2024, the company’s common shares will
cease trading on the TSXV and begin trading on the TSX under the
ticker symbol CEMX. No action is required by shareholders to
continue trading their common shares as a result of the uplisting,
or the change in ticker symbol.
“This strategic transition marks another
significant milestone in CEMATRIX’s growth and development and is a
testament to the hard work of all staff members who have assisted
in establishing CEMATRIX’s solid operational foundation and
enhanced market position within the industry. The TSX uplisting is
expected to provide CEMATRIX with increased visibility, liquidity,
and access to a broader investor base, further supporting our
commitment to creating long-term shareholder value,” stated Mr.
Jeff Kendrick, CEO of CEMATRIX.
“CEMATRIX extends its appreciation to its
shareholders, employees, advisors, and stakeholders for their
continued support throughout this journey. The company remains
focused on executing its strategic initiatives and delivering
sustainable growth,” stated Mr. Randy Boomhour, COO of
CEMATRIX.
For more information about CEMATRIX please visit
www.cematrix.com.
ABOUT CEMATRIX
CEMATRIX is a rapidly growing company that
manufactures and supplies technologically advanced cellular
concrete products developed from proprietary formulations across
North America. This unique cement-based material with superior
thermal protection delivers cost-effective, innovative solutions to
a broad range of problems facing the infrastructure, industrial,
energy and commercial markets. The Company’s wholly owned operating
subsidiaries include CEMATRIX (Canada) Inc. (“CCI”), Chicago based
MixOnSite USA Inc. (“MOS”) and Bellingham based Pacific
International Grout Company (“PIGCO’). This has made CEMATRIX a
true leader in North America’s growing Cellular Concrete market.
For more information, please visit our website at
www.cematrix.com.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING
STATEMENTS
This news release contains forward-looking
statements and forward-looking information (together,
"forward-looking statements") within the meaning of applicable
securities laws. All statements, other than statements of
historical facts, are forward-looking statements. Generally,
forward-looking statements can be identified by the use of
terminology such as "plans", "expects", "estimates", "intends",
"anticipates", "believes" or variations of such words, or
statements that certain actions, events or results "may", "could",
"would", "might", "will be taken", "occur" or "be achieved". The
forward-looking statements contained in this news release are based
on certain key expectations and assumptions made by the Company,
including satisfaction of regulatory requirements in various
jurisdictions and the Company’s anticipated use of the net proceeds
of the Offering. Forward looking statements involve risks,
uncertainties and other factors disclosed under the heading "Risk
Factors" and elsewhere in the Company's filings with Canadian
securities regulators, which could cause actual results,
performance, prospects and opportunities to differ materially from
those expressed or implied by such forward-looking statements.
Although the Company believes that the
assumptions and factors used in preparing these forward-looking
statements are reasonable based upon the information currently
available to management as of the date hereof, actual results and
developments may differ materially from those contemplated by these
statements. Readers are therefore cautioned not to place undue
reliance on these statements, which only apply as of the date of
this news release, and no assurance can be given that such events
will occur in the disclosed times frames or at all. Except where
required by applicable law, the Company disclaims any intention or
obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or
otherwise.
Neither the TSX nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
For further information, please
contact:
Jeff Kendrick - President and Chief Executive Officer Phone:
(403) 219-0484
Glen Akselrod – President, Bristol CapitalPhone: (905) 326 1888
ext 1glen@bristolir.com
Jeff Walker, The Howard Group – Investor
RelationsPhone: (888) 221-0915 or (403) 221-0915
jeff@howardgroupinc.com
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