CALGARY, AB, April 1, 2026 /CNW/ - ACT Energy Technologies Ltd. (TSX: ACX) ("ACT" or the "Company") is pleased to announce that it has completed its previously announced acquisition (the "Acquisition") of SB Directional Services ("SB Directional") for a total purchase price of approximately USD $47,000,000 (the "Purchase Price"). The Purchase Price was satisfied through the issuance of 3,624,232 common shares in the capital of ACT ("Common Shares") and a cash amount of USD $30,000,000. The Acquisition provides ACT with a substantially expanded presence in the United States market.
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ACT ENERGY TECHNOLOGIES COMPLETES THE ACQUISITION OF SB DIRECTIONAL SERVICES FOR $47MM USD
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