MATRRIX Grants Stock Options

CALGARY, ALBERTA--(Marketwired - June 28, 2017) - MATRRIX Energy Technologies Inc. ("MATRRIX" or the "Corporation") (TSX VENTURE:MXX) announces that it granted stock options to its directors, officers and employees to purchase 525,860 common shares with an exercise price of $0.27 per share and an expiry date 5 years from the date of grant. Of the 525,860 stock options granted, a total of 368,160 were granted to directors and officers. The options vest as to one-quarter on each anniversary date of the date of grant of the stock options. The total number of options outstanding as of the date hereof is 2,829,751.

Neither the 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.