21:49:20 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Datametrex AI Ltd
Symbol DM
Shares Issued 457,884,701
Close 2024-04-18 C$ 0.025
Market Cap C$ 11,447,118
Recent Sedar Documents

Datametrex AI sells four million shares of New World

2024-04-18 18:07 ET - News Release

Mr. Charles Park reports

DATAMETREX ANNOUNCES DISPOSITION OF SHARES OF NEW WORLD SOLUTIONS INC.

Datametrex AI Ltd. has filed an early warning report pursuant to the requirements of National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the sale by the company, through the facilities of the Canadian Securities Exchange, of an aggregate of four million common shares of New World Solutions Inc. (CSE: NEWS) at an average price of two cents per share, for an aggregate proceeds of approximately $92,500.

Prior to the disposition, Datametrex held 15 million shares of New World, representing approximately 14.53 per cent of New World's outstanding common shares. After the disposition, Datametrex holds 11 million shares of New World representing approximately 10.65 per cent of New World's outstanding common shares, representing a decrease of 3.87 per cent on an undiluted basis.

The shares disposed of pursuant to the disposition were sold for investment purposes. The remaining shares owned by the company are held for investment purposes. The company may, depending on price, market conditions or other conditions or factors it considers relevant from time to time, increase or decrease its ownership over shares or other securities of New World through market transactions, private agreements or otherwise.

The referenced early warning report relating to this press release has been filed on SEDAR+ under Datametrex's issuer profile.

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. With a commitment to innovation, Datametrex is dedicated to supporting enterprises by setting a new standard for business protocols through cutting-edge technology.

We seek Safe Harbor.

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