CEMATRIX Corporation Announces Closing of First Tranche of the Private Placement

Aug 24, 2018

CALGARY, Alberta, Aug. 24, 2018 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (the “Corporation” or “CEMATRIX”) is pleased to announce that further to its press release dated August 10, 2018, it has completed the first tranche of the $1,650,000 non-brokered private placement for 2,880,224 units (each, a “Unit”) at a price of $0.20 per Unit for gross proceeds of $576,044.80 (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.

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