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ACT Energy Technologies Announces Successful Director Elections and Leadership Transition

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ACT Energy Technologies Announces Successful Director Elections and Leadership Transition

Confident Investing Starts Here:

The latest update is out from Cathedral Energy Services ( (TSE:ACX) ).

ACT Energy Technologies Ltd. announced the successful approval of all matters at its Annual Meeting of Shareholders, including the election of seven director nominees. The meeting saw 47.86% of issued shares voted, with strong support for the board and management’s future growth strategy. Ian Brown, a long-serving director, retired from the board, marking a significant change in leadership.

More about Cathedral Energy Services

ACT Energy Technologies Ltd., based in Calgary, Alberta, Canada, operates in the North American energy sector, providing high-performance directional drilling services and related downhole technologies. The company is publicly traded on the Toronto Stock Exchange under the symbol ‘ACX’ and operates in Canada and the United States under various brand names.

Average Trading Volume: 42,417

Technical Sentiment Signal: Sell

Current Market Cap: C$166.3M

For an in-depth examination of ACX stock, go to TipRanks’ Stock Analysis page.

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