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Datum files QT filing statement

2015-03-05 18:26 ET - News Release

Mr. Dale Wallster reports

DATUM VENTURES FILES FILING STATEMENT

Further to the news releases dated Dec. 20, 2013, Jan. 16, 2014, and Jan. 29, 2014, Datum Ventures Inc. has filed with the TSX Venture Exchange and with securities regulators a filing statement prepared in accordance with exchange policy pursuant to which Datum and Golden Tiger Minerals Inc. propose that Golden Tiger effect a statutory plan of arrangement under the B.C. Business Corporations Act that will result in the Golden Tiger shareholders receiving common shares of Datum, on a one-for-one basis, in exchange for their Golden Tiger shares, and as a result of which Golden Tiger will become the wholly owned subsidiary of Datum. The filing statement is available for viewing on the SEDAR website under Datum's issuer profile.

The transaction and the previously announced concurrent private placement are anticipated to close on or about March 31, 2015.

Datum is a capital pool company under the policies of the exchange, and the transaction is intended to serve as Datum's qualifying transaction in accordance with exchange Policy 2.4. The transaction is an arm's-length transaction and, as such, is not a non-arm's-length qualifying transaction (as such term is defined in exchange policy) and will not be subject to Datum receiving shareholder approval for the transaction. Upon completion of the transaction, Datum will be listed as a Tier 2 mining issuer pursuant to the initial listing requirements of the exchange.

We seek Safe Harbor.

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