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Micro Cap Surges Over 8% as Investors Cheer Major Contract Wins

AllPennyStocks.com - AllPennyStocks.com - Thu Apr 17, 2025
Micro Cap Surges Over 8% as Investors Cheer Major Contract Wins

On an otherwise mixed day for the broader markets, one micro cap is standing out with a wave of investor enthusiasm. CEMATRIX Corp. (TSX: CEMX)(OTCQB: CTXXF), a North American leader in cellular concrete solutions, has announced $9.7 million in new contract awards, driving a surge in its share price.

The newly secured deals include a significant tunnel grouting project and an expanded contract for lightweight fill on a light rail transit extension. President and CEO Randy Boomhour highlighted the company’s ongoing focus on delivering high-quality, on-time, and on-budget solutions, noting that each successful project reinforces customer confidence and paves the way for future growth.

In response to the news, shares of CEMX are up 8.11% at $0.20 on the TSX, while U.S.-listed shares have risen 4.71% to $0.1422 in late-afternoon trading.

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