REG - MyCelx Tech. Corp. MyCelx Tech. Corp.. - Half Year Trading Update <Origin Href="QuoteRef">MYXR.L</Origin>

Mycelx TechnologiesAnnouncement

11/07/2016 07:05

RNS Number : 7460D
MyCelx Technologies Corporation
11 July 2016
MYCELX TECHNOLOGIES CORPORATION (AIM: MYX)
Half Year Trading Update
MYCELXTechnologies Corporation (AIM: MYX), the clean water technology company providing patented solutions for commercial industrial markets worldwide, announces a trading update ahead of its Half Year Results which will be announced on 14 September, 2016.
The Company is pleased to announce that H1 2016 revenues were in line with expectations and that it has delivered on its commitment to be cash neutral from operations for the last twelve months. The expense control measures that were put in place will continue to be monitored closely. During H1 2016 the Company also achieved another of its stated goals by establishing a strategic Marketing and Distribution Agreement with Schlumberger Cameron for the Upstream Oil and Gas market. The Company believes it would be premature to provide revenue guidance on this Upstream agreement at this time, and will update on its progress at year end.
For further information please contact:
MYCELX Technologies Corporation
Connie Mixon, CEO
Kim Slayton, CFO
Tel: +1 888 306 6843
RFC Ambrian Limited
Corporate Finance
Jonathan Stephens
Oliver Morse
Tel: +44 20 3440 6800
Corporate Broking
Jonathan Williams
Kim Eckhof

Numis Securities Limited 
Corporate Broking
James Black
Ben Stoop
Tel: +44 20 7260 1000
Bell Pottinger 
Nick Lambert
Henry Lerwill
Tel: +44 20 3772 2500

This information is provided by RNS
The company news service from the London Stock Exchange
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