CALGARY, AB, Jan. 6, 2026 /CNW/ - ACT Energy Technologies Ltd. (TSX: ACX) ("ACT", the "Company") is pleased to announce that on January 5, 2026 (the "Closing Date") it acquired all the assets of Stryker Energy Directional Services, LLC ("Stryker") for total consideration of USD$24.2 million (approximately CAD$34 million) (the "Transaction"). The purchase price consisted of USD$12.5 million in cash, a USD$6.7 million promissory note, and USD$5.0 million in ACT common shares.
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ACT ENERGY TECHNOLOGIES COMPLETES ACQUISITION OF STRYKER DIRECTIONAL, EXPANDING PRESENCE IN THE SOUTHERN UNITED STATES
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