BULLETIN V2024-0646
DATAMETREX AI LIMITED ("DM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 29, 2024
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on February 1, 2024:
Number of Shares: 50,000,000 common shares
Purchase Price: $0.02 per common share
Warrants: 50,000,000 common share purchase warrants to purchase 50,000,000 common shares
Warrant Exercise Price: $0.05 for a period of two (2) years
Number of Placees: 11 Placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 3 5,250,000
Aggregate Pro Group Involvement: N/A N/A
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $3,200 N/A 160,000
Finder's Warrants Terms: Each finder's warrant entitles the holder to purchase one common share at the price of $0.05 for a period of two (2) years from the date of issuance.
The Company issued a news release on February 27, 2024 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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