13:47:24 EST Tue 24 Feb 2026
Enter Symbol
or Name
USA
CA



Cematrix Corp
Symbol CEMX
Shares Issued 149,729,223
Close 2026-02-23 C$ 0.395
Market Cap C$ 59,143,043
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Cematrix receives $5.2-million in contracts

2026-02-24 07:51 ET - News Release

Mr. Randy Boomhour reports

CEMATRIX ANNOUNCES $5.2 MILLION IN NEW CONTRACT AWARDS

Cematrix Corp. has won $5.2-million in new contract awards.

New contract award details

The awards are in the form of contracts and contracts in process. Some of this work related to these awards should be completed in 2026, and most will be completed in 2027. Some of the larger awards include:

  • A grouting application on a tunnel project;
  • A load reducing fill application on a retaining wall project;
  • The remaining projects are small- to mid-sized projects for lightweight fill applications in Canada and the United States.

"These significant early wins represent a continuation of our great start to 2026.

"These awards continue to demonstrate the trust that our customers have in Cematrix's sales and operations teams to consistently delivering quality solutions for their geotechnical construction needs. We continue to see strong bidding activity and a robust sales pipeline well into the future. We are one month closer to spring weather to kick-start what we expect to be a busy 2026," stated Randy Boomhour, president and chief executive officer of Cematrix. "We remain passionate about providing value to our customers, by consistently delivering quality, cost-effective cellular concrete solutions, on time and on budget. Every successful project strengthens our reputation and makes the next sale easier."

About Cematrix Corp.

Cematrix is a specialty construction contractor that produces cellular concrete solutions on site. Cellular concrete is a flowable, self-levelling, cement-based material with insulating properties. Cematrix provides customers with cost-effective, innovative solutions to their geotechnical construction challenges.

Applications for cellular concrete include lightweight engineered fill, MSE and retaining wall fill, lightweight insulating road subbase, flowable self-compacting fill, pipe and culvert abandonments, tunnel and annular grout, tunnel and shaft backfills, underwater/tremie fills, and shallow utility and foundation insulation.

Cematrix is a growth company with significant revenue, positive earnings before interest, taxes, depreciation and amortization, positive cash flow from operations, a very healthy balance sheet, and a strong team in place. The company's wholly owned operating subsidiaries include Cematrix (Canada) Inc., Chicago-based MixOnSite USA Inc. and Bellingham-based Pacific International Grout Company.

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