CEMATRIX and Lafarge To Co-Develop Regional Cellular Concrete Markets

The CEMATRIX – Lafarge relationship has moved a couple of notches higher with today’s news that the companies have signed regional five-year agreements to develop mutually beneficial business opportunities.

This follows the signing last June of a five-year joint marketing agreement with the world’s largest cement company.

Since last year’s announcement, the two companies have been focused on growing business across Canada. CEMATRIX management has been training and educating Lafarge’s sales and marketing groups on the multiple applications and uses of cellular concrete. Today’s announcement of the new regional five-year agreement between Lafarge and CEMATRIX sheds some light on how this growth is expected to occur.

The two companies plan to place CEMATRIX equipment in a specific regional market where Lafarge has a sales force and physical presence and CEMATRIX does not. Lafarge will lease a ready mix unit from CEMATRIX, ancillary equipment and the needed staff for each project sold in that specific region. The plan is to roll out multiple regional agreements across the country as well as developing sales previously announced on larger supplied projects on a national basis.

Jeff Kendrick, CEO of CEMATRIX, stated, “It’s important to note that there is no technology transfer under either of the agreements.  The focus of both parties is to increase the sales of Lafarge cement and ready mix products by increasing sales of CEMATRIX cellular concrete across the country.”

To view news release, please click here.

CEMATRIX Corporation Announces Agreements to Develop Regional Cellular Concrete Markets With Lafarge Canada Inc.

Calgary, Alberta – February 28, 2017: CEMATRIX Corporation (TSXV: CVX) (the “Corporation” or the “Company” or “CEMATRIX”) is pleased to announce that its wholly owned subsidiary, CEMATRIX (Canada) Inc. has entered into agreements directed at developing regional markets for CEMATRIX cellular concrete through Lafarge Canada Inc. (“Lafarge”).

“These new five year agreements between Lafarge and CEMATRIX are focused on locating equipment in a specific regional market, where Lafarge has a physical presence, including a sales force. Mainly where CEMATRIX has no physical presence,” stated Mr. Kendrick, President and CEO of CEMATRIX. “The plan is facilitated by Lafarge leasing a ready mix supplied CEMATRIX processing unit and ancillary equipment from CEMATRIX and CEMATRIX providing experienced staff for each of the projects sold in the respective region.”

“Once the equipment is in place, both Lafarge and CEMATRIX have committed to focus their joint resources on the development of this new regional market for cellular concrete. Sales from this new market focus will take time to develop, as will sales from the previously announced joint marketing agreement that is focused on larger cement supplied projects on a national basis.”

“A critical factor to both parties, is that CEMATRIX has already successfully placed cellular concrete in several key projects in the initial region selected, so it is anticipated that the development of the market in this region will take much less time, than when CEMATRIX first introduced its products in Alberta. More importantly for CEMATRIX and Lafarge, is that the success of this venture will lead to the joint development of other regional cellular concrete markets across Canada”

“It’s important to note that there is no technology transfer under either of the agreements. The focus of both parties is to increase the sales of Lafarge cement and ready mix products, by increasing sales of CEMATRIX cellular concrete across the country”.

CEMATRIX is an Alberta corporation with its head offices in Calgary, Alberta. The Corporation, through its wholly owned subsidiary, is a rapidly growing, cash flow positive company that manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations. This unique cement based material with superior thermal protection delivers a cost-effective, innovative solution to a broad range of problems facing the infrastructure, industrial (including oil and gas) and commercial markets.

Neither 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.

For further information, please contact:

Jeff Kendrick – President and Chief Executive Officer
Phone: (403) 219-0484

Jeff Walker – The Howard Group – Investor Relations
Phone: (888) 221-0915 or (403) 221-0915
jeff@howardgroupinc.com

Forward-looking information: This news release contains certain information that is forward looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as “anticipate”, expect”, “would’ or other similar words). Forward looking statements in this document are intended to provide CEMATRIX security holders and potential investors with information regarding CEMATRIX and its subsidiaries’ future financial and operations plans and outlook. All forward looking statements reflect CEMATRIX’s beliefs and assumptions based on information available at the time the statements were made. Readers are cautioned not to place undue reliance on this forward looking information. CEMATRIX undertakes no obligation to update or revise forward looking information except as required by law. For additional information on the assumptions made and the risks and uncertainties which may cause actual results to differ from the anticipated results, refer the CEMATRIX’s Management Discussion and Analysis dated May 4, 2016 under CEMATRIX’s profile on SEDAR at www.sedar.com and other reports filed by CEMATRIX with Canadian securities regulators.

LGC Capital Announces Changes To Its Executive Team

Not For Distribution to U.S. News Wire Services or Dissemination In The United States

MONTREAL, Feb. 23, 2017 – LGC Capital Ltd. (TSXV: QBA) (“LGC Capital“) today announced changes to its executive management team. Mr. John McMullen has been appointed as Chief Executive Officer of LGC Capital to replace Mr. David Lenigas. Mr. Lenigas will continue to be very active with LGC Capital and remain as Co-Chairman of the Board of Directors.

Mr. McMullen has been an advisor to LGC Capital since its listing on the TSX Venture Exchange in July 2016. In a career of more than 20 years, Mr. McMullen gained extensive experience in international capital markets, with specific emphasis on supporting and advising micro and small cap publicly traded companies. During that time, Mr. McMullen held various positions at major investment firms. He is a graduate of the University of Western Ontario with a Bachelor of Arts Degree and resides in Toronto with his family.

“John is the professional this company needs to take it to the next level,” stated David Lenigas Co-Chairman of the Board of Directors. “He will provide the leadership and the necessary full time presence in the Canadian marketplace. Together, we will continue to build a company that will generate cash flow, by uniquely leveraging the opening of the Cuban economy to the world.”

“I am extremely excited to have the opportunity to lead LGC Capital,” said John McMullen. “I am motivated and fully committed to delivering the necessary results to take advantage of this great opportunity for our partners and investors.”

The appointment of Mr. McMullen as Chief Executive Officer of LGC Capital is subject to regulatory approval.

About LGC Capital

LGC Capital has significant investments and joint ventures in international companies with Cuban ties, that are well positioned to grow with the Cuban economy. Sectors include the following: Oil and Gas, Sports Management, Consulting, Travel & Tourism, Events, TV & Film Production, Agricultural, Renewable Energy and Import & Export.

Caution Regarding Press Releases
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Canada Contact:
John McMullen, Chief Executive Officer
Tel.: (416) 803-0698
Email: John@lgc-capital.com

London Office Contact:
Anthony Samaha, Chief Financial Officer
Tel.: +44 (0) 20 7440 0640

Investor Relations Contact:
Dave Burwell
The Howard Group Inc.
Tel.: (403) 221-9015
Toll Free: 1-888-221-0915
Email: dave@howardgroupinc.com

Alex Ruus on FLYHT: “This Will Become, Over Time, a Global Standard for the Industry.”

FLY:TSXV

Arrow Capital Management portfolio manager Alex Ruus was very upbeat in response to a question regarding FLYHT Aerospace during yesterday’s appearance on BNN’s Market Call Tonight. FLYHT was selected as a “Top Pick” on an earlier episode of the show.

Here are some key points Mr. Ruus made about FLYHT during the segment.

  • “FLYHT is an ‘Internet of Things’ company for the aircraft industry.”
  • “They provide critical data streaming from planes to the ground.”
  • “I would argue that they are the leaders in that segment. They’ve done a deal with Airbus. I would argue that this will become, over time, a global standard for the industry.”
  • “After three or four years of struggling from a stock perspective. The stock has recently perked up and we think that that is just the start of great things to come.”
  • “Things are progressing there, we think there’ll be good news this year and we think the stock will go significantly higher.”

Please click here to watch the full segment.