Datametrex closes non-brokered private placement of units

25 January 2019

On January 25, 2019, Datametrex AI Limited (TSXV: DM) (FSE: D4G) announced the completion of its previously announced non-brokered private placement of units for aggregate gross proceeds of $1,102,200.

Datametrex is a technology-focused company with exposure to four verticals: Big Data, collecting data from retail point of sales environments; Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy; Implementing Blockchain technology for secure Data Transfers through its joint venture company, Graph Blockchain; and Industrial scale Cryptocurrency Mining through its wholly owned subsidiary, Ronin Blockchain Corp.

Gowling WLG advised Datametrex with respect to this transaction with a team that included Jason Saltzman, Josh Almario and Joseph McDonald, assisted by student-at-law Ryan Cohen.

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