CEMATRIX Corporation
TSX VENTURE : CVX

March 30, 2012 11:54 ET

CEMATRIX Corporation Announces Appointment of the Howard Group Inc. as Its Investor Relations and Financial Services Advisor

CALGARY, ALBERTA--(Marketwire - March 30, 2012) - CEMATRIX Corporation (TSX VENTURE:CVX) (the "Corporation" or "CEMATRIX") is pleased to announce that it has, subject to all required regulatory approvals, including the approval of the TSX Venture Exchange Inc. (the "Exchange"), retained The Howard Group Inc. (the "Howard Group") as its investor relations and financial services advisor, pursuant to an agreement (the "Agreement") entered into between the parties on March 30, 2012.

Since 1988, the Howard Group has provided comprehensive investor and financial relations, business development solutions, in-depth strategic planning and financing services to public companies. The Howard Group is associated with the Insight Limited Partnership II, which invests in micro and small cap companies. The principals of the Howard Group and the Insight II Limited Partnership own shares in CEMATRIX and intend to acquire additional shares in the open market.

Pursuant to the Agreement, the Howard Group has been retained by the Corporation for a period of twelve months, and will be responsible for, among other matters, the dissemination of corporate data packages, broker presentations, broker communications, organizing conference calls with the investment community, handling shareholder enquiries regarding the Corporation. The Howard Group will receive remuneration in the amount of $7,000 per month and will be reimbursed for all approved expenses. In addition, pursuant to the Agreement the Corporation could incur additional fees for design of communication materials and other contract work. The Agreement also provides that the stock options previously granted The Howard Group remain in effect (300,000 common shares of the Corporation, with an exercise price of $0.12 expiring in February 2013). The Agreement will remain in effect for a minimum of six months and thereafter may be terminated by either party upon 30 days notice.

The Howard Group will also maintain and distribute an ongoing investor commentary on behalf of CEMATRIX, to access visit - www.howardgroupinsightnewsletter.blogspot.com

CEMATRIX is an Alberta corporation with its head offices in Calgary, Alberta. The Corporation, through its wholly owned subsidiary, is a manufacturer and supplier of technologically advanced cellular concrete products with applications in a variety of markets, including oil and gas construction and infrastructure construction. Cellular concrete provides a cost and labour saving solution as a replacement for rigid and other insulating materials in frost-susceptible or permafrost conditions. Cellular concrete is also used in void filling situations and as a replacement for granular fills and weak or unstable soils.

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.

Contact Information

  • CEMATRIX CORPORATION
    Jeff Kendrick
    President and Chief executive Officer
    (403) 219 0484

    The Howard Group Inc.
    Jeff Walker
    Senior Associate
    (403) 221-0915