Cymat Technologies Successfully Completes $1.5 Million Private Placement Financing Initiative
Cymat Technologies Concludes $1.5 Million Private Placement Financing
On October 2, 2025, Cymat Technologies Ltd. (TSXV: CYM, OTCQB: CYMHF), renowned for its innovative manufacturing of Stabilized Aluminum Foam (SAF), announced a successful completion of a non-brokered private placement. This fundraising initiative garnered gross proceeds of approximately $1,499,500, marking a notable achievement for the company as it seeks to expand its operations and fuel its growth strategy.
The Offering Details
The private placement consisted of equity Units set at a price of $0.13 per Unit. Each Unit comprises one common share and one common share purchase warrant. Notably, the warrants allow the holders to buy additional common shares at a price of $0.18 for a duration of 24 months. However, there are restrictions in place that prevent warrant holders from exercising enough warrants to create a new insider unless they comply with the necessary regulations and obtain the required approvals from the TSX Venture Exchange.
Following this offering, Cymat will issue 11,534,615 common shares and an equal number of warrants, with no finder’s fees or other forms of compensation payable for this transaction. The funds raised will primarily support capital equipment purchases essential for strategically advancing the company’s business initiatives and bolstering its working capital requirements.
Strategic Business Development
Michael Liik, Cymat's CEO and Chairman, expressed satisfaction with the successful fundraising, stating, "We are pleased to be able to raise the balance of the capital required to execute on the previously announced Rio Tinto Alcan business opportunity, as well as funding for our strategic automotive initiatives underway." This reflects the importance of securing adequate funding to facilitate ongoing projects, especially as the company ventures into automotive applications.
Furthermore, Liik announced plans for an upcoming webinar aimed at providing stakeholders with updates on the company’s progress and current initiatives in automotive and other sectors. This level of transparency underscores Cymat's commitment to its shareholders and reinforces the importance of regular communication in maintaining investor confidence.
About Cymat Technologies
Cymat Technologies has carved out a significant niche in manufacturing and selling its proprietary product, Stabilized Aluminum Foam. This ultra-lightweight, cellular metallic material is produced through a unique process that involves the infusion of ceramic particles into molten aluminum, followed by gas injection. The result is a groundbreaking material characterized by its customizable density, mechanical energy absorption capabilities, and exceptional thermal and acoustic insulation properties.
The scalable production process of SAF ensures low-cost manufacturing while promoting its sustainable attributes, as it is fully recyclable. The material has seen applications across multiple industries, including architectural design, military, and automotive sectors. Cymat markets its architectural SAF products under the Alusion™ brand and its automotive and military SAF products under the SmartMetal™ brand, showcasing its versatile applications.
The implications of this financing extend beyond basic fund allocation; they pave the way for Cymat to potentially tap into lucrative partnerships and expand its market reach. With the increase in demand for lightweight, durable materials in various industries, Cymat is well-positioned to leverage its technology for future growth.
Looking Ahead
In compliance with Canadian securities laws, all securities issued through this private placement will be subject to a four-month trading hold following their issuance date. Cymat remains optimistic about future prospects and continues to evaluate additional opportunities for strategic collaborations and expansions. Investors and stakeholders are encouraged to stay tuned for future updates, as Cymat progresses in its strategic initiatives and seeks to capitalize on new market opportunities.