TIDMMYX TIDMTTM

RNS Number : 8641K

MyCelx Technologies Corporation

13 April 2018

13 April 2018

MYCELX TECHNOLOGIES CORPORATION

("MYCELX" or the "Company")

Issue of Equity

MYCELX Technologies Corporation (AIM: MYX), the clean water technology company providing patented solutions for the Oil and Gas market and commercial industrial markets worldwide, announces that it has issued 12,500 common shares of $0.025 each ("Common Shares") pursuant to the exercise of an employee share option under the Company's Omnibus Performance Incentive Plan 2011. The Common Shares have been issued under the block listing facility announced on 27 September 2017.

Following the issue of Common Shares, the Company has 18,807,617 Common Shares in issue. MYCELX does not currently hold any shares in treasury. Accordingly, the figure of 18,807,617 may be used by shareholders in the Company as the denominator in the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

 
MYCELX Technologies Corporation 
 Connie Mixon, CEO                             Tel: +1 888 306 6843 
 Kim Slayton, CFO 
Cantor Fitzgerald Europe - NOMAD and Broker 
 David Porter                                  Tel: +44 20 7894 7000 
 Richard Salmond 
Celicourt Communications 
 Mark Antelme                                  Tel: +44 20 7520 9266 
 Jimmy Lea

Notes to Editors

MYCELX is a revolutionary oil-free water technology company solving the world's toughest oil removal problems in the oil and gas industry. The systems are based upon scientific breakthrough for a completely different approach to permanent oil removal. The Company created the patented MYCELX polymer using innovative molecular cohesion for removing oil from water far beyond what conventional systems have ever achieved. MYCELX systems remove oil to critically low levels in a much smaller physical footprint than conventional systems and in a virtually fail-safe process.

www.mycelx.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

April 13, 2018 05:18 ET (09:18 GMT)

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