Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Cematrix Corporation V.CVX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from formulations across North America. The Company’s cement-based material with superior thermal protection delivers to a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its grout and flowable fill applications include tunnel grouting, annular pipe grout, pipe abandonment, and flowable fill. 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).


TSXV:CVX - Post by User

Comment by kingscorpionon Jul 07, 2021 1:28am
105 Views
Post# 33503928

RE:RE:RE:Here is if you want to enlight your self

RE:RE:RE:Here is if you want to enlight your self The offering consisted of 35,384,600 units at a price of $0.65 per unit for aggregate gross proceeds of C$22,999,990Each unit consists of one common share and one-half of one common share purchase warrantNet proceeds will be used to fund future acquisitions, new equipment and personnel and for general working capital So with this PP Theres 17 mil of warrants that when it reaches .81c (sorry originally I said .82c)can it be exersized otherwise the warrant part becomes zero $$ at the end of 2 years if the price does not reach .81c and that is about $14 mil the Clarus and the other investment company won't see. The 35 mil shares they can hold on to as long as they want but they gave CVX about 23 mil from this PP and they got their discount in the form of warrants. The company intends to use the proceeds to make 1 or 2 acquisitions in the US as per email to me from CVX and other things mentioned above. If warrants are not exersized then they only have 35 mil shares left which they paid .65c per share for it. So right now they are also losing money. You have to understand one thing The stocks movement right now is very well controlled which means they can push the stock up quite quickly anytime they want. In the meantime they are trying to frustrate you into selling your shares. If what alwayscrazy telling us is true that big contracts are coming then these institutions want more of your shares
<< Previous
Bullboard Posts
Next >>