CYMAT PROVIDES UPDATE ON PRIVATE PLACEMENT FINANCING

Core Viewpoint - Cymat Technologies Ltd. is conducting a non-brokered private placement of equity Units to raise gross proceeds of $1,551,500, with each Unit priced at $0.13, consisting of one Common Share and one Common Share Purchase Warrant [2][4]. Group 1: Offering Details - The offering will issue 11,934,615 equity Units, with each Warrant allowing the holder to purchase one Common Share at a price of $0.18 for a period of 24 months [2]. - No Company Insiders will participate in this offering, and if the exercise of Warrants creates a new Insider, the Company will rely on an exemption from formal valuation and minority shareholder approval requirements [3]. - The proceeds will be allocated for capital equipment purchases and working capital requirements [4]. Group 2: Company Overview - Cymat Technologies Ltd. holds global rights to manufacture and sell Stabilized Aluminum Foam (SAF), a lightweight, recyclable material used in various industries including architectural design, military, and automotive [5]. - The proprietary production process of SAF involves injecting gases through a molten bath of alloyed aluminum infused with ceramic particles, resulting in a material with customizable density and dimensions, mechanical energy absorption, and thermal and acoustic insulation [5].