CEMATRIX Grants Incentive Options to Its Consultants
CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSXV: CVX) (the “Corporation”) has granted incentive stock options to its Investor Relations and Business Consultants for the purchase of a total of 200,000 common shares at an exercise price of $0.25 per share for a period of three years from the date of the grant. The stock options have been granted pursuant to the Corporation’s 10% rolling stock option plan. One third of the options will vest immediately, one third will vest after one year from the date of grant and one third will vest after two years from the date of grant.
These options were granted in recognition of the services provided to the Corporation, during the acquisition of MixOnSite, including the private placements completed by the Corporation during the year.
CEMATRIX is an Alberta corporation with its head offices in Calgary, Alberta. The Corporation, through its wholly owned subsidiaries, is a rapidly growing company that manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations. This unique cement-based material with superior thermal protection, delivers a cost-effective, innovative solution to a broad range of problems facing the infrastructure, industrial (including oil and gas) and commercial markets.
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.
For further information, please contact:
Jeff Kendrick – President and Chief Executive Officer
Phone: (403) 219-0484
Jeff Walker, The Howard Group – Investor Relations
Phone: (888) 221-0915 or (403) 221-0915