CEMATRIX Corporation Secures Another $1.9 Million in Contracts
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 12/02/15 -- CEMATRIX Corporation (TSX VENTURE: CVX) (the "Corporation" or the "Company" or "CEMATRIX") is pleased to announce that its wholly owned subsidiary, CEMATRIX (Canada) Inc. has secured another $1.9 million in contracts, in aggregate, for construction projects in Canada. Total contracted work is now a record $18.1 million, of which a record $15 million is slated for completion in 2015.
"The majority of these new contracts relate to infrastructure work in Eastern Canada, which is further confirmation of the continued growth of this market," stated Mr. Kendrick, President and CEO of CEMATRIX.
CEMATRIX is an Alberta corporation with its head offices in Calgary, Alberta. The Corporation, through its wholly owned subsidiary, is a manufacturer and supplier of technologically advanced cellular concrete products with applications in a variety of markets including oil and gas construction and infrastructure construction. Cellular concrete provides a cost and labour saving solution for various construction applications. Applications for cellular concrete include tunnel grouting; bridge abutment and retaining wall backfill; insulation of shallow utilities, roads and runways; insulation and/or structural foundations for tank bases and facilities; and as a floating base over weak and unstable or seismic prone soils, for roads and other types of infrastructure.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information: This news release contains certain information that is forward looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", expect", "would'' or other similar words). Forward looking statements in this document are intended to provide CEMATRIX security holders and potential investors with information regarding CEMATRIX and its subsidiaries'' future financial and operations plans and outlook. All forward looking statements reflect CEMATRIX''s beliefs and assumptions based on information available at the time the statements were made. Readers are cautioned not to place undue reliance on this forward looking information. CEMATRIX undertakes no obligation to update or revise forward looking information except as required by law. For additional information on the assumptions made and the risks and uncertainties which may cause actual results to differ from the anticipated results, refer the CEMATRIX''s Management Discussion and Analysis dated November 5, 2015 under CEMATRIX''s profile on SEDAR at and other reports filed by CEMATRIX with Canadian securities regulators.
Contacts:
CEMATRIX Corporation
Jeff Kendrick
President and Chief Executive Officer
(403) 219-0484
The Howard Group
Jeff Walker
Investor Relations
(888) 221-0915 or (403) 221-0915
or
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Datum: 02.12.2015 - 08:25 Uhr
Sprache: Deutsch
News-ID 1401899
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