09:51 AM EST - MATRRIX Energy Technologies Inc. : Intends to investigate entering into the land-based contract drilling business to complement its business of supplying horizontal and directional drilling technologies for the oil and gas industry in North America. There is no certainty that the Corporation will find suitable opportunities in the land-based contract drilling rig business that are in the best interests of the Corporation and therefore may not proceed with this strategic direction. MATRRIX Energy Technologies Inc.
shares V.MXX are trading unchanged at $0.24.
