CALGARY, ALBERTA--(Marketwired - March 26, 2014) - CEMATRIX Corporation (TSX VENTURE:CVX) (the "Corporation") has granted incentive stock options to directors, officers and employees of the Corporation, pursuant to the Corporation's Stock Option Plan, for the purchase of a total of 900,000 common shares at an exercise price of $0.145 per share, at any time up to and including March 26, 2019.
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.
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