DataMetrex Completes $1.5 Million Private Placement

TORONTO, ON—Datametrex AI Limited (TSXV:DM)(FSE:D4G)(OTC Pink:DTMXF) has announced the successful closure of its non-brokered private placement financing. The final tranche raised $565,000, bringing the total to approximately $1.52 million across three tranches.

The last tranche included 28,250,000 units at $0.02 per unit, each comprising one common share and one warrant. Each warrant permits the purchase of an additional share at $0.05 for two years. No finder's fees were involved.

Proceeds will serve corporate and working capital purposes. The shares and warrants are subject to a four-month and one-day hold period. The TSX Venture Exchange must provide final acceptance.

Insiders invested $190,000 in the last tranche. These related party transactions are exempt from certain regulatory requirements. CEO Charles Park highlighted investor trust and the importance of this funding in advancing corporate initiatives.