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Datametrex Announces Change of Auditor

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Datametrex AI Limited appoints Kingston Ross Pasnak LLP as its new auditor, replacing Baker Tilly WM LLP. The former auditor resigned with no reservations in their reports on the company's financial statements. The appointment was approved by the audit committee and board, with no reportable events or issues between the company and the former auditor.
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Toronto, Ontario--(Newsfile Corp. - February 13, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex'') announces the appointment of Kingston Ross Pasnak LLP ("KRP") as its new auditor. The former auditor, Baker Tilly WM LLP ("Former Auditor") resigned effective September 27, 2023. The Company's audit committee and board have approved the appointment of KRP effective February 12, 2024.

There were no reservations in the Former Auditor's reports on the Company's financial statements for the ‎period commencing at the beginning of the Company's two most recently completed financial years and ‎ending on the date of resignation of the Former Auditor.‎ There are no reportable events including disagreements, consultations, or unresolved issues as defined ‎in National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") (Part 4.11) between the Company and the Former Auditor.‎

In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the board of directors of the Company and filed on SEDAR+.

About Datametrex

Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence, and Healthcare. The Company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes on a global scale. For more on Datametrex, please visit the company's website.

For Additional Information:

Charles Park, CFA
Chief Executive Officer & Director
cpark@datametrex.com
(416) 901-5611 x203

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

All statements in this press release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments, and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections, and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Except as required by law, the Company does not undertake to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/197821

FAQ

What auditor has been appointed by Datametrex AI Limited?

Kingston Ross Pasnak LLP has been appointed as the new auditor by Datametrex AI Limited.

Who was the former auditor of Datametrex AI Limited?

Baker Tilly WM LLP was the former auditor of Datametrex AI Limited.

When did the former auditor resign?

The former auditor resigned effective September 27, 2023.

Were there any reservations in the former auditor's reports on the company's financial statements?

There were no reservations in the former auditor's reports on the company's financial statements.

Were there any reportable events or issues between the company and the former auditor?

There were no reportable events or issues as defined in National Instrument 51-102 between the company and the former auditor.

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