Datametrex Announces Effective Date for Share Consolidation
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Datametrex Announces Effective Date for Share Consolidation
TORONTO, ON / ACCESS Newswire / February 18, 2025 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTCQB:DTMXF) announces that, further to the Company's news release dated February 6, 2025,effectiveat the opening on February 19, 2025, the common shares of the Company ("Shares") will commence trading on the TSX Venture Exchange ("TSXV") on a consolidated basis of one (1) post-consolidation share for every thirty (30) pre-consolidation shares (the "Consolidation").
The Company will not undergo a name change at the time of Consolidation. The Company's new ISIN number will be CA23809L2075 for post-Consolidation Shares.
The total issued and outstanding number of Shares post-Consolidation will be approximately 21,002,671, subject to rounding for fractional Shares.
For additional information regarding the Consolidation, please refer to the Company's news release dated February 6, 2025 and management information circular dated October 2, 2024, available on SEDAR+ at www.sedarplus.ca.
About Datametrex
Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence, Healthcare, and Mobile Gaming. The Company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes. With a commitment to innovation, Datametrex is dedicated to supporting enterprises by setting a new standard for business protocols through cutting-edge technology.
For more on Datametrex, please visit our YouTube channel and Company website.
For Additional Information
Paul Haber, C.P.A., C.A., C. Dir
CEO & Chairman
[email protected]
(416) 318-6501
Disclaimer
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release
Forward-Looking Statements
This press release may contain certain forward-looking information and statements ("forward-looking information") within the meaning of applicable Canadian securities legislation, that are not based on historical fact, including without limitation statements containing the words "believes", "anticipates", "plans", "intends", "will", "should", "expects", "continue", "estimate", "forecasts" and other similar expressions. Forward-looking information in this press release includes, but is not limited to, expectations regarding the Consolidation and the new ISIN of the Company being effective as of the expected effective date. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company undertakes no obligation to comment analyses, expectations or statements made by third-parties in respect of the Company, its securities, or financial or operating results (as applicable). Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
SOURCE: DataMetrex AI Ltd.
View the original press release on ACCESS Newswire
F.Pedersen--AMWN