06:21 AM EDT, 07/04/2024 (MT Newswires) -- Cathedral Energy Services ( CETEF ) (ACX.TO, CET.TO) on Wednesday said it has completed its name change to ACT Energy Technologies.

The company has filed articles of amendment to implement the name change as well as a share consolidation on the basis of one post-consolidation common share for every seven pre-consolidation common shares.

ACT's common shares will start trading under its new symbol ACX and on a consolidated basis on the TSX on Friday. The company will also launch a new website - www.actenergy.com - in connection with the name change and ticker symbol change.

The company's Canadian operations now operate under the name Altitude Energy Partners. The Altitude operations in Canada and the U.S. comprise the company's largest business segment.

The motor rental business in the U.S. will continue to operate as Discovery Downhole Services and the engineering and MWD manufacturing division will continue to operate as Rime Downhole Technologies.