Latest news with #Cymat
Cision Canada
09-07-2025
- Business
- Cision Canada
CYMAT ANNOUNCES ACTIVATION OF ACCELERATED WARRANT EXPIRY DATE
MISSISSAUGA, ON, July 9, 2025 /CNW/ - Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the " Company" or " Cymat") is announcing that it is activating the warrant expiry date acceleration clause contained in the 11,671,435 common share purchase warrants issued in April 2025 as described in the press release dated April 15, 2025. Cymat's common shares have had a closing price at or above $0.16 per share on the TSX Venture Exchange for the past consecutive ten trading days. In accordance with the provisions of the warrants Cymat is adjusting the expiry date of the warrants to a date that is 45 days from the date of this announcement. The adjusted warrant expiry date will now be the end of the day on Friday, August 22, 2025. The warrants have an exercise price of $0.13 per share. About Cymat Technologies Ltd. Cymat Technologies Ltd. has the global rights, through patents and established know-how, to manufacture and sell Stabilized Aluminum Foam ("SAF"), a unique, ultra-light, cellular metallic material. The proprietary production process entails the injection of gases through a molten bath of alloyed aluminum infused with ceramic particles. The result is an advanced, lightweight, recyclable material that exhibits unique characteristics including customizable density and dimensions; mechanical energy absorption; thermal and acoustic insulation; and time, temperature and strain-rate insensitivity. A key benefit of this continuous foam production process is its scalability and resultant low cost of production. SAF is used in such industries as architectural design, military and automotive. Cymat markets its architectural SAF under the AlusionTM brand and its automotive and military SAF under the SmartMetalTM brand. For further information, please visit our website Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Malaysian Reserve
03-07-2025
- Business
- Malaysian Reserve
CYMAT ANNOUNCES INVESTOR WEBINAR FOR MONDAY JULY 7 AT 11 AM
MISSISSAUGA, ON, July 3, 2025 /CNW/ – Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the 'Company' or 'Cymat') is pleased to announce that Michael Liik, Cymat CEO and Chairman will be hosting a webinar for investors on Monday July 7, 2025, at 11 am. The purpose for the webinar is to update shareholders on the various near-term initiatives undertaken by the Company including the Rio Tinto Alcan new business line opportunity; advances in Cymat's nuclear and military initiatives; and recent progress with regard to automotive undertakings. The Company will hold the investor presentation via Zoom Meetings on Monday, July 7th at 11:00 a.m. Eastern Daylight Time (EDT). Attendees may email their questions in advance to info@ Registration will be required to access the meeting. Please click on the link below to register. PRESENTATION DETAILSDATE: Monday, July 7, 2025TIME: 11:00 AM Eastern Daylight Time (EDT)LOCATION: Zoom Meeting To receive the meeting link and passcode, please click on the following link: QUESTIONS: Please submit questions ahead of the presentation to: info@ About Cymat Technologies Ltd. Cymat Technologies Ltd. has the global rights, through patents and established know-how, to manufacture and sell Stabilized Aluminum Foam ('SAF'), a unique, ultra-light, cellular metallic material. The proprietary production process entails the injection of gases through a molten bath of alloyed aluminum infused with ceramic particles. The result is an advanced, lightweight, recyclable material that exhibits unique characteristics including customizable density and dimensions; mechanical energy absorption; thermal and acoustic insulation; and time, temperature and strain-rate insensitivity. A key benefit of this continuous foam production process is its scalability and resultant low cost of production. SAF is used in such industries as architectural design, military and automotive. Cymat markets its architectural SAF under the AlusionTM brand and its automotive and military SAF under the SmartMetalTM brand. For further information, please visit our website at Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'predicts', 'intends', 'targets', 'aims', 'anticipates' or 'believes' or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Cision Canada
03-07-2025
- Business
- Cision Canada
CYMAT ANNOUNCES INVESTOR WEBINAR FOR MONDAY JULY 7 AT 11 AM
MISSISSAUGA, ON, July 3, 2025 /CNW/ - Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the " Company" or " Cymat") is pleased to announce that Michael Liik, Cymat CEO and Chairman will be hosting a webinar for investors on Monday July 7, 2025, at 11 am. The purpose for the webinar is to update shareholders on the various near-term initiatives undertaken by the Company including the Rio Tinto Alcan new business line opportunity; advances in Cymat's nuclear and military initiatives; and recent progress with regard to automotive undertakings. The Company will hold the investor presentation via Zoom Meetings on Monday, July 7th at 11:00 a.m. Eastern Daylight Time (EDT). Attendees may email their questions in advance to [email protected]. Registration will be required to access the meeting. Please click on the link below to register. PRESENTATION DETAILS DATE: Monday, July 7, 2025 TIME: 11:00 AM Eastern Daylight Time (EDT) LOCATION: Zoom Meeting To receive the meeting link and passcode, please click on the following link: QUESTIONS: Please submit questions ahead of the presentation to: [email protected] About Cymat Technologies Ltd. Cymat Technologies Ltd. has the global rights, through patents and established know-how, to manufacture and sell Stabilized Aluminum Foam ("SAF"), a unique, ultra-light, cellular metallic material. The proprietary production process entails the injection of gases through a molten bath of alloyed aluminum infused with ceramic particles. The result is an advanced, lightweight, recyclable material that exhibits unique characteristics including customizable density and dimensions; mechanical energy absorption; thermal and acoustic insulation; and time, temperature and strain-rate insensitivity. A key benefit of this continuous foam production process is its scalability and resultant low cost of production. SAF is used in such industries as architectural design, military and automotive. Cymat markets its architectural SAF under the Alusion TM brand and its automotive and military SAF under the SmartMetal TM brand. For further information, please visit our website at Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws. SOURCE Cymat Technologies Ltd.
The Market Online
26-06-2025
- Automotive
- The Market Online
SmartMetal secures second major order for blast-protection kits from Asian military vehicle manufacturer
SmartMetal, a division of Cymat Technologies (TSXV:CYM), has received its second serial production order to supply its proprietary stabilized aluminum foam underbelly blast-protection kits to a leading Asian military vehicle manufacturer The latest purchase order, valued around C$510,000, includes 48 kits designed to enhance the survivability of personnel transportation vehicles used by the customer's National Armed Forces Cymat said that the global trend toward increased defense budgets—highlighted by recent NATO member commitments—is expected to bolster its customer's vehicle sales, potentially opening new markets for SmartMetal's advanced materials technology Cymat stock (TSXV:CYM) last traded at $0.18 SmartMetal, a division of Cymat Technologies (TSXV:CYM), has received its second serial production order to supply its proprietary stabilized aluminum foam underbelly blast-protection kits to a leading Asian military vehicle manufacturer. The latest purchase order, valued around C$510,000, includes 48 kits designed to enhance the survivability of personnel transportation vehicles used by the customer's National Armed Forces. 'We extremely pleased to see a ramp up of orders from our long time customer and anticipate that order sizes will continue to increase over the next 12 months,' Michael Liik, Cymat's chair and CEO said in a news release. This order follows an initial 24-kit purchase announced in July 2024, which was successfully delivered in August and September of that year. Both orders are part of a broader full-rate production schedule initiated by the customer, reflecting growing demand for advanced vehicle protection systems amid rising global defense spending. The customer's production roadmap anticipates an additional order of 25 kits in the fall of 2025. Over the next three years, Cymat expects to deliver a total of 350 SmartMetal blast-protection systems under the current supply contract, with the total contract value estimated between C$4 million and C$5 million. The underbelly kits are being integrated into a fleet of 700 personnel carriers being procured by the National Armed Forces, underscoring the strategic importance of lightweight, high-performance armor solutions in modern military operations. Cymat also noted that the global trend toward increased defense budgets—highlighted by recent NATO member commitments—is expected to bolster its customer's vehicle sales, potentially opening new markets for SmartMetal's advanced materials technology. Earlier this week, the company announced that it had signed a letter of intent with Rio Tinto Alcan to acquire its aluminum metal matrix composite (MMC) technology, including an existing customer base. Cymat Technologies Ltd. manufactures and sells Stabilized Aluminum Foam, a patented, ultra-light, cellular metallic material notable for its customizable density and dimensions, mechanical energy absorption, thermal and acoustic insulation, as well as time, temperature and strain-rate insensitivity. The technology, marketed under the SmartMetal brand, has applications in architectural design, military and automotive. Cymat stock (TSXV:CYM) last traded at $0.18 and has risen 50.00 per cent since the year began and is up 20.00 per cent since this time last year. Join the discussion: Find out what everybody's saying about this industrial materials stock's potential acquisition of Rio Tinto technology on the Cymat Technologies Ltd. Bullboard and check out Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Cision Canada
26-06-2025
- Automotive
- Cision Canada
CYMAT ANNOUNCES RECEIPT OF NEXT ORDER OF UNDERBELLY KITS FOR ASIAN MILITARY
MISSISSAUGA, ON, June 26, 2025 /CNW/ - Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the " Company" or " Cymat") is pleased to announce that SmartMetal TM, a division of Cymat, has received its next serial production order to provide stabilized aluminum foam underbelly kits to an Asian military vehicle manufacturer. This purchase order consists of 48 blast-protection kits with an order value of $510,000. This is the second purchase order received under our customer's full-rate production schedule. The initial 24-kit purchase order was announced in July of 2024 and shipped to the Asian OEM in August/September. These underbelly kits are fitted to personnel transportation vehicles being purchased by our customer's National Armed Forces The customer's production schedule calls for a further 25 kits to be ordered in the fall of this year. The entire supply contract is expected to result in the delivery of 350 SmartMetal TM blast protection systems over a 3-year period. The full value of this contract to Cymat is estimated to be in the $4M - $5M range. This National Armed Force is acquiring a fleet of 700 of these vehicles from our customer. The global trend for increased national defense spending, such as the commitments recently made by NATO member countries, is expected to provide Cymat's customer with enhanced sales opportunities for their vehicles. Michael Liik, Cymat CEO and Chairman said "We extremely pleased to see a ramp up of orders from our long time customer and anticipate that order sizes will continue to increase over the next 12 months." About Cymat Technologies Ltd. Cymat Technologies Ltd. has the global rights, through patents and established know-how, to manufacture and sell Stabilized Aluminum Foam ("SAF"), a unique, ultra-light, cellular metallic material. The proprietary production process entails the injection of gases through a molten bath of alloyed aluminum infused with ceramic particles. The result is an advanced, lightweight, recyclable material that exhibits unique characteristics including customizable density and dimensions; mechanical energy absorption; thermal and acoustic insulation; and time, temperature and strain-rate insensitivity. A key benefit of this continuous foam production process is its scalability and resultant low cost of production. SAF is used in such industries as architectural design, military and automotive. Cymat markets its architectural SAF under the Alusion TM brand and its automotive and military SAF under the SmartMetal TM brand. For further information, please visit our website at Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws. SOURCE Cymat Technologies Ltd.
