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Cymat Technologies Ltd V.CYM

Alternate Symbol(s):  CYMHF

Cymat Technologies Ltd. is a Canada-based manufacturing company. The Company holds licenses and related patents to make, use and sell Stabilized Aluminum Foam (SAF). SAF is produced utilizing a process, in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into panels and shapes. The Company is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. It continues to develop applications for use in the automotive and industrial markets. The Company operates through two divisions: SmartMetal and Alusion. Its SmartMetal stabilized aluminum foam products are effective at absorbing an amount of energy in a lightweight and recyclable package. Its flat panel architectural line of products is separately branded as Alusion. Alusion markets and sells directly or through a network of worldwide agents and distributors, for use in a range of projects.


TSXV:CYM - Post by User

Post by Hopefulhomerunon May 10, 2023 8:47am
98 Views
Post# 35440293

Cymat - Share count (gone up - warrants being exercised??)

Cymat - Share count (gone up - warrants being exercised??)I may be wrong, but it looks like the share count has gone up recently. .  The listed shares shows 55,388,611 , but the total shares (all classes - which include restricted shares) now shows 59,185,612 , which is an increase of 3,797,001. . . . .  So, is the increase caused by warrants being exerceised  under their recent warrant repricing and exercise program that noted the repricing of 3,859,862 warrants??  If so, it looks like Cymat got the money they were looking for, but why no news release??

GLTA
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