27 September 2017
MYCELX TECHNOLOGIES CORPORATION
("MYCELX" or the "Company")
Application for Block Admission
An application for block admission has been made for 300,000 common shares of US$0.025 each ("Common Shares") in the Company ("Block Admission Shares") which will be issued from time to time in accordance with the rules of the Company's Omnibus Performance Incentive Plan 2011.
The Block Admission Shares will rank pari passu in all respects with the existing issued Common Shares of the Company and it is expected that admission will become effective on 3 October 2017.
The Company will provide notifications when there are changes to the issued share capital, in order for shareholders to calculate whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company.
For further information please contact:
MYCELX Technologies Corporation Connie Mixon, CEO Kim Slayton, CFO
|
Tel: +1 888 306 6843 |
Cantor Fitzgerald Europe - NOMAD and Broker Andrew Craig Richard Salmond
|
Tel: +44 20 7894 7000 |
Celicourt Communications Mark Antelme Jimmy Lea |
Tel: +44 20 7520 9266 |
Notes to Editors
MYCELX is a revolutionary oil-free water technology company solving the world's toughest oil removal problems in the oil and gas industry. The systems are based upon scientific breakthrough for a completely different approach to permanent oil removal. The Company created the patented MYCELX polymer using innovative molecular cohesion for removing oil from water far beyond what conventional systems have ever achieved. MYCELX systems remove oil to critically low levels in a much smaller physical footprint than conventional systems and in a virtually fail-safe process.