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    Brief: Matrrix Announces Sale Of Directional Drilling Assets

    Picture of Stampede Drilling logoStampede Drilling
    28/05/2019 03:53
    May 27 (Reuters) - MATRRIX Energy Technologies Inc  MXX.V :
    * MATRRIX ANNOUNCES SALE OF DIRECTIONAL DRILLING ASSETS
    * MATRRIX - CO HAS SOLD ALL OF ASSETS RELATED TO ITS
DIRECTIONAL
DRILLING DIVISION FOR ABOUT $1.5 MILLION CASH TO A PRIVATE
DIRECTIONAL DRILLING PROVIDER
    * CASH PROCEEDS FROM SALE WILL BE USED TO PAY DOWN DEBT

Source text for Eikon:  ID:nCNW4503Ma 
Further company coverage:  MXX.V 

 ((Reuters.Briefs@thomsonreuters.com;))

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