CEMATRIX Corporation Updates Status of Private Placement

Jun 27, 2018

CALGARY, Alberta, June 26, 2018 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV:CVX, Financial) (the “Corporation” or “CEMATRIX”) announces that further to its press release dated March 8, 2018, it has completed the second and final tranche of a $2,000,000 non-brokered private placement for 277,530 units (each, a “Unit”) at a price of $0.20 per Unit for gross proceeds of $55,506 (the “Private Placement”). Each Unit is comprised of one common share and one-half warrant (each a “Warrant”). Each full warrant is exercisable into one common share for a period of two years at an exercise price of $0.35 per common share. The total for the Private placement was 3,481,130 Units for gross proceeds of $696,226.

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