Mr. Paul Haber reports
DATAMETREX ACQUIRES ARBUTUS HEALTH AND WELLNESS INC.
Further to its news release dated April 1, 2025, Datametrex AI Ltd. has completed the acquisition of all of the issued and outstanding share capital of Arbutus Health and Wellness Inc., a multidisciplinary medical clinic in Vancouver, Canada.
Arbutus Health provides walk-in services, family medicine, skin laser treatments and other specialty health care services in a single location. Once operational, the clinic will be staffed by licensed health care professionals and will provide patients with access to multiple medical services without requiring multiple referrals.
The acquisition of Arbutus was completed by way of a share exchange agreement dated June 5, 2025, between the company, Arbutus and the shareholders of Arbutus, pursuant to which Datametrex acquires 100 per cent of the issued and outstanding shares of Arbutus Health, an arm's-length party, in exchange for an aggregate of 11 million common shares of Datametrex at a deemed value of 10 cents per share. As a result of the transaction, Arbutus is now a wholly owned subsidiary of Datametrex.
Upon completion of the transaction, Paul Haber, the chief executive officer of the company, commented: "We are excited to finalize this agreement and are eager to integrate the Arbutus Health team into Datametrex. This acquisition marks a key milestone in broadening our product portfolio and enhancing our presence in the health care sector."
Issuance of the payment shares is subject to the receipt of regulatory approvals, including, without limitation, the final approval of the TSX Venture Exchange and other conditions.
Datametrex has not assumed any debt of Arbutus and the proposed acquisition will not constitute a fundamental change or result in a change of business for the company, nor is it expected to result in a change of control of the company within the meaning of applicable securities laws and defined in the policies of the TSX-V.
About Arbutus Health and Wellness Inc.
Arbutus Health is a multidisciplinary medical clinic designed to address wait times and fragmented care in Canada's health system. Walk-in services, family doctors, skin laser treatments and other specialties are integrated under one roof to provide timely and comprehensive care without requiring multiple referrals. Staffed by licensed health care professionals, patient satisfaction will be enhanced through innovative, efficient and high-quality health care solutions.
About Datametrex AI Ltd.
Datametrex is an innovative leader in technology solutions, artificial intelligence, health care and mobile gaming. 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.
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