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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mycelx Technologies Corporation | LSE:MYXR | London | Ordinary Share | COM SHS USD0.025 (REG S) (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 50.00 | 40.00 | 60.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMMYX TIDMMYXR
RNS Number : 2968G
MyCelx Technologies Corporation
26 May 2017
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). This inside information is now considered to be in the public domain.
26 May 2017
MYCELX TECHNOLOGIES CORPORATION
("MYCELX" or the "Company")
CONTRACT WIN WITH NEW SABIC AFFILIATE CUSTOMER
MYCELX Technologies Corp (AIM: MYX), the clean water technology company providing patented solutions for the oil and gas industry and industrial markets worldwide, is pleased to announce a contract win with a new SABIC affiliate customer.
MYCELX has been awarded a contract for up to $1.1m to deploy in-country rental fleet equipment to manage the oily water treatment needs for a new SABIC-affiliate customer. Our strategically placed rental fleet allows us to respond rapidly to our customers' needs. This latest contract, which follows the recently announced entry into the Nigerian market, further underpins the Company's forecasts for 2017 and it is expected that the project will commence prior to the end of H1.
Commenting on today's announcement Connie Mixon, CEO of MYCELX, said:
"I am pleased to announce another contract win for MYCELX, and we are delighted to add another SABIC affiliate to our customer base. This is the latest win driven by our recently strengthened Middle East team. In this instance we have leveraged the success of a similar rental fleet application, which provided significant cost savings and operational efficiencies. Today's news highlights further acceptance of our industry leading clean water solutions in Saudi Arabia and will provide continued momentum as we head into the second half of this year and into 2018."
<ends>
For further information please contact:
MYCELX Technologies Corporation Connie Mixon, CEO Tel: +1 888 306 6843 Kim Slayton, CFO Cantor Fitzgerald Europe - NOMAD and Broker Andrew Craig Tel: +44 20 7894 7000 Richard Salmond Celicourt Communications Mark Antelme Tel: +44 20 7520 9266 Joanna Boon
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.
www.mycelx.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
May 26, 2017 02:00 ET (06:00 GMT)
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