06:46:00 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Datametrex AI Ltd
Symbol DM
Shares Issued 407,884,701
Close 2024-02-15 C$ 0.02
Market Cap C$ 8,157,694
Recent Sedar Documents

Datametrex AI grants 12.5 million RSUs

2024-02-15 16:46 ET - News Release

Mr. Charles Park reports

DATAMETREX ANNOUNCES RSU GRANT AND UPDATES VESTING SCHEDULE

Datametrex AI Ltd.'s board of directors has approved the grant of an aggregate of 12.5 million restricted share units (RSUs) in accordance with the company's omnibus incentive plan to employees, directors and consultants of the company. Each RSU entitles the holder to acquire one common share on vesting, and the RSUs vest 12 months from the date of grant. The plan was approved by the shareholders of the company at the annual and special meeting shareholders on Dec. 14, 2023.

Additionally, the company clarifies vesting in respect of 22.1 million RSUs granted and announced on Jan. 29, 2024.

The company's Jan. 29, 2024, announcement indicated that the 22.1 million RSUs granted would vest 50 per cent immediately and 50 per cent on April 15, 2024. In accordance with TSX Venture Exchange policies, the RSU will vest 12 months from the date of grant, aligning the vesting schedule more closely with the objectives of the plan.

About Datametrex AI Ltd.

Datametrex is an innovative leader in technology solutions, artificial intelligence and health care. The company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes on a global scale.

We seek Safe Harbor.

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