CYMAT ANNOUNCES FIRST COMMERCIAL ORDER FOR NON-LETHAL BULLETS AND PROVIDES ALUSION™ ORDERBOOK UPDATE
MISSISSAUGA, ON, April 3, 2024 /PRNewswire/ – Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the “Company” or “Cymat“) is pleased to announce its first commercial order for SmartMetalTM Stabilized Aluminum Foam (“SAF”) cylinders, to be used in non-lethal bullets, from their customer Nobel Sport. Nobel Sport is a French-based law enforcement specialty manufacturer of a wide range of ammunition and ancillary products for sport, law enforcement and military customers. This first order, destined for the French Armed Forces, is for 21,000 cylinders with a contract value of approximately $200,000.