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Datum Ventures Inc
Symbol	DAT
Shares Issued	3,450,000
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Datum makes board changes, appoints Zabaneh CEO

2021-09-18 02:42 ET - News Release

Subject: Datum Ventures - News Release PDF Document File: Attachment Datum - News Release 20210915.pdf Datum Ventures Inc. 918 1030 West Georgia St. Vancouver, BC V6E 2Y3 Datum Ventures Inc. Announces Change of Directors and Escrow Transfers September 15, 2021, Vancouver, BC Datum Ventures Inc. (Datum; TSX-V: DAT.H) ("Datum" or the "Company"), a capital pool company, is pleased to announce that the company has changed its directors and officers as well as the closing of a transfer of shares in escrow. Change of Directors and Officers Dale Wallster, James Gillis, and Debbie Silver have resigned as directors and 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, Dale Wallster has resigned as Chief Executive Officer ("CEO") and Corporate Secretary of the Company and James Gillis has resigned as Chief Financial Officer ("CFO") of the Company. To fill these vacancies, Hani Zabaneh will be taking on the roles of CEO, CFO and Corporate Secretary. Mr. Zabaneh is an accomplished business consultant that specializes with growth funding, mergers and acquisitions, and transitioning companies to public markets. For over 20 years Hani 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 Corporation. Hani currently sits on several boards of public companies. Previously, Hani was a principal at Orange Capital Corp, a boutique investment bank located in Vancouver, BC. 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 US based VC. From 2005 to 2012, Hani was Vice President Administration of MetroBridge Networks Corp. Hani managed the going public transaction of MetroBridge and later lead the sale of MetroBirdge to national player. Hani was also the Chief Operating Officer of StockHouse Media Corp, a company that had over 200 employees with 8 office worldwide. Mr. Bajic holds a B.A. 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 CSE with a focus in the resource and technologies industries. His background as a CPA, 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. Escrow Transfer of Shares CW17301167.1 - 2 - 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 $0.10 per share (the "Escrow Transfer"). Following the Escrow Transfer, Dale 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. On behalf of the Board, Hani Zabaneh, CEO, CFO, Corporate Secretary and Director Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guaranteeing of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, The Company undertakes no obligation to publicly update or revise forward-looking information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. CW17301167.1