Mr. Hani Zabaneh reports
DATUM VENTURES INC. ANNOUNCES CHANGE OF DIRECTORS AND ESCROW TRANSFERS
Datum Ventures Inc. has changed its directors
and officers, and has closed a transfer of shares in escrow.
Change of directors and officers
Dale Wallster, James Gillis and Debbie Silver have resigned as directors of the company. To fill their
vacancies, Hani Zabaneh, Martin Bajic and Carson Halliday have been appointed as the new directors of
the company.
In addition, Mr. Wallster has resigned as chief executive officer and corporate secretary of the company, and Mr. Gillis has resigned as chief financial officer of the company. To fill these
vacancies, Mr. Zabaneh will be taking on the roles of CEO, CFO and corporate secretary.
Mr. Zabaneh is an accomplished business consultant that specializes with growth financing, mergers and
acquisitions, and transitioning companies to public markets. For over 20 years, he has held both officer
and board positions of numerous public companies. Some of these companies include Summa Silver
Corp., Blue Gold Mining, Auryn Resources and Sigma Lithium Resources Corp. He currently sits
on several boards of public companies. Previously, he was a principal at Orange Capital Corp., a boutique
investment bank located in Vancouver, B.C. He was also vice-president of corporate development at
Eventbase Technology Inc., where he was instrumental in helping the company secure a Series A financing
from a United States-based venture company. From 2005 to 2012, he was vice-president, administration, of MetroBridge Networks
Corp. He managed the going public transaction of MetroBridge and later led the sale of MetroBirdge
to a national player. He was also the chief operating officer of StockHouse Media Corp., a company that
had over 200 employees with eight offices worldwide.
Mr. Bajic holds a BA and diploma in accounting from UBC and is a member of the Chartered Professional
Accountants of B.C. He has over a decade of experience serving as a director, chief financial officer or
consultant to numerous public companies trading on the TSX Venture Exchange or the Canadian Securities Exchange with a focus in
the resource and technologies industries. His background as a CPA and CA provides issuers with the requisite
skills necessary for financial management and compliance with today's complex regulatory reporting
requirements.
Mr. Halliday is a chartered professional accountant with a strong background in financial reporting. Mr.
Halliday has experience working with mining clients of all stages and sizes of the commodity life cycle as
a result of his five years working in Deloitte's audit practice, primarily in the mining industry. Mr. Halliday
holds a bachelor of commerce degree from the University of Calgary.
In conjunction with the change of directors, the existing directors of the company and certain additional
shareholders have agreed to sell to each of the incoming directors a total of 980,000 common shares of
the company at a price of 10 cents per share.
Following the escrow transfer, Mr. Wallster will still hold 200,000 shares both directly and indirectly
through his affiliates (as that term is defined in the policies of the TSX Venture Exchange).
The escrow transfer will be subject to a capital pool company escrow agreement, as well as final
acceptance of the TSX Venture Exchange.
We seek Safe Harbor.
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