MATRRIX ANNOUNCES INCREASE OF PREVIOUSLY ANNOUNCED EQUITY OFFERING TO $20 MILLION

CALGARY, ALBERTA – Further to its press release dated October 31, 2017, MATRRIX Energy Technologies Inc. (“MATRRIX” or the “Corporation”) (TSXV: MXX) is pleased to announce the Corporation is increasing its previously announced private placement of common shares (the “Private Placement”) from gross proceeds of approximately $7 million to gross proceeds of approximately $20 million.

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