Mr. Paul Haber reports
DATAMETREX ANNOUNCES TRANSITION TO SEMI-ANNUAL FINANCIAL REPORTING
Datametrex AI Ltd. will transition to semi-annual financial reporting pursuant to Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.
The company's fiscal year ends on March 31. Under the semi-annual reporting framework, Datametrex will no longer be required to file interim financial statements and related management's discussion and analysis (MD&A) for the three-month periods ending June 30 and Dec. 31.
The company will continue to report its financial results for the six-month period ending Sept. 30 and for its fiscal year ending March 31, in accordance with applicable securities laws.
The company believes that semi-annual reporting will reduce the administrative burden associated with quarterly reporting and allow management to focus additional resources on its business operations and strategic priorities.
Datametrex confirms that it meets the applicable eligibility requirements under CBO 51-933 and will continue to fulfill its continuous disclosure obligations.
This news release is being issued pursuant to CBO 51-933.
About Datametrex AI Ltd.
Datametrex is an innovative leader in technology solutions, artificial intelligence and health care. The company specializes 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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