CALGARY, May 29, 2019 /CNW/ - Matrrix Energy Technologies
Inc. ("Matrrix") is pleased to announce that, following the
approval of our shareholders at our annual and special meeting of
shareholders held earlier today, our name has been changed to
Stampede Drilling Inc. In connection with our name change, our
stock symbol will be replaced with "SDI" on the TSX Venture
Exchange, effective in the next two to three business days.
With the previously announced discontinuation of directional
drilling operations, our name change to "Stampede Drilling
Inc." more properly reflects our current drilling rig business and
the name under which we have been operating our drilling rig
business to date.
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.
Advisory Regarding Forward-Looking Statements
Certain information provided in this news release may constitute
forward-looking statements within the meaning of applicable
securities laws. Although Matrrix believes that the expectations
and assumptions on which the forward-looking statements are based
are reasonable, undue reliance should not be placed on the
forward-looking statements because Matrrix can give no assurance
that they will prove to be correct. Since forward-looking
statements address future events and conditions, by their very
nature they involve inherent risks and uncertainties, including the
anticipated timing of the commencement of trading under the new
name and new trading symbol. The forward-looking statements
contained in this news release are made as of the date hereof and
except as may be required by applicable securities laws, Matrrix
assumes no obligation to publicly update or revise any
forward-looking statements made herein or otherwise, whether as a
result of new information, future events or otherwise.
SOURCE MATRRIX Energy Technologies Inc.