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11 Jul 2016 07:00
MYCELX TECHNOLOGIES CORPORATION (AIM: MYX)
Half Year Trading Update
MYCELX Technologies Corporation (AIM: MYX), the clean water technology company providing patented solutions for commercial industrial markets worldwide, announces a trading update ahead of its Half Year Results which will be announced on 14 September, 2016.
The Company is pleased to announce that H1 2016 revenues were in line with expectations and that it has delivered on its commitment to be cash neutral from operations for the last twelve months. The expense control measures that were put in place will continue to be monitored closely. During H1 2016 the Company also achieved another of its stated goals by establishing a strategic Marketing and Distribution Agreement with Schlumberger Cameron for the Upstream Oil and Gas market. The Company believes it would be premature to provide revenue guidance on this Upstream agreement at this time, and will update on its progress at year end.
For further information please contact:
MYCELX Technologies Corporation Connie Mixon, CEO Kim Slayton, CFO
|
Tel: +1 888 306 6843 |
RFC Ambrian Limited Corporate Finance Jonathan Stephens Oliver Morse
| Tel: +44 20 3440 6800 |
Corporate Broking Jonathan Williams Kim Eckhof
| |
Numis Securities Limited Corporate Broking James Black Ben Stoop
| Tel: +44 20 7260 1000
|
Bell Pottinger Nick Lambert Henry Lerwill
| Tel: +44 20 3772 2500 |
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