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CEMATRIX Launches $3.5 Million Private Placement

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CEMATRIX Launches $3.5 Million Private Placement

Cematrix (TSE:CVX) has released an update.

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CEMATRIX Corporation has launched a $3.5 million private placement with Beacon Securities, offering units at $0.45 each to support sales growth and provide working capital. The offering includes common shares and warrants, with an additional purchase option for underwriters, and is expected to close by July 29, 2024, subject to regulatory approvals.

For further insights into TSE:CVX stock, check out TipRanks’ Stock Analysis page.

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