Cematrix Corporation V.CVX

Alternate Symbol(s): CTXXF

Building Materials Building Materials

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

Cematrix Corporation > Another 52 week low

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Comment by Capharnaumon Mar 09, 2022 11:30am

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Post# 34499542

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Another 52 week low

kingscorpion wrote: Let's be realistic Vin At .05 c they can buy back all their shares and turn CVX into private company But if they have plans to buy back shares say around .20c to .22c then they can buy up to $50-$60 mil shares by spending only about $10 mil. Is that what will happen I guess time will tell. Somebody few days ago did buy 400k around the .25 mark and bought another 400k yesterday I don't know if it's the same entity thou.

With a NCIB they would subject to 10% max in a year, with max daily volumes. At 24 cents this would be $3M in a year.

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