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Datametrex Announces Effective Date for Share Consolidation

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Datametrex AI (TSXV:DM, FSE:D4G, OTCQB:DTMXF) has announced the effective date for its share consolidation. Starting February 19, 2025, the company's shares will trade on the TSX Venture Exchange on a consolidated basis, with a ratio of one post-consolidation share for every thirty pre-consolidation shares. The company will maintain its current name during this process. Following the consolidation, the total number of outstanding shares will be approximately 21,002,671, subject to rounding for fractional shares. The company's new ISIN number for post-consolidation shares will be CA23809L2075.

Datametrex AI (TSXV:DM, FSE:D4G, OTCQB:DTMXF) ha annunciato la data effettiva per la sua consolidazione delle azioni. Iniziando dal 19 febbraio 2025, le azioni dell'azienda verranno scambiate sulla TSX Venture Exchange su base consolidata, con un rapporto di una azione post-consolidamento per ogni trenta azioni pre-consolidamento. L'azienda manterrà il suo nome attuale durante questo processo. Dopo la consolidazione, il numero totale di azioni in circolazione sarà di circa 21.002.671, soggetto ad arrotondamento per le azioni frazionarie. Il nuovo numero ISIN dell'azienda per le azioni post-consolidamento sarà CA23809L2075.

Datametrex AI (TSXV:DM, FSE:D4G, OTCQB:DTMXF) ha anunciado la fecha efectiva para su consolidación de acciones. A partir del 19 de febrero de 2025, las acciones de la compañía se negociarán en la TSX Venture Exchange de manera consolidada, con una relación de una acción post-consolidación por cada treinta acciones pre-consolidación. La compañía mantendrá su nombre actual durante este proceso. Tras la consolidación, el número total de acciones en circulación será de aproximadamente 21.002.671, sujeto a redondeo para acciones fraccionarias. El nuevo número ISIN de la compañía para las acciones post-consolidación será CA23809L2075.

Datametrex AI (TSXV:DM, FSE:D4G, OTCQB:DTMXF)는 주식 통합의 유효 날짜를 발표했습니다. 2025년 2월 19일부터, 해당 회사의 주식은 통합된 기준으로 TSX 벤처 거래소에서 거래될 것이며, 통합 후 한 주식은 사전 통합 주식 30주에 해당합니다. 회사는 이 과정에서 현재 이름을 유지합니다. 통합 후, 총 발행 주식 수는 약 21,002,671이 될 것이며, 분할 주식에 대해 반올림될 수 있습니다. 통합 후 주식에 대한 회사의 새로운 ISIN 번호는 CA23809L2075입니다.

Datametrex AI (TSXV:DM, FSE:D4G, OTCQB:DTMXF) a annoncé la date d'entrée en vigueur de sa consolidation d'actions. À partir du 19 février 2025, les actions de l'entreprise seront échangées sur la TSX Venture Exchange sur une base consolidée, avec un ratio de une action après consolidation pour chaque trente actions avant consolidation. L'entreprise conservera son nom actuel pendant ce processus. Après la consolidation, le nombre total d'actions en circulation sera d'environ 21.002.671, sous réserve d'arrondi pour les actions fractionnaires. Le nouveau numéro ISIN de l'entreprise pour les actions après consolidation sera CA23809L2075.

Datametrex AI (TSXV:DM, FSE:D4G, OTCQB:DTMXF) hat das Datum für die Wirksamkeit der Aktienkonsolidierung bekannt gegeben. Ab dem 19. Februar 2025 werden die Aktien des Unternehmens an der TSX Venture Exchange auf konsolidierter Basis gehandelt, mit einem Verhältnis von einer Aktie nach der Konsolidierung für jeweils dreißig Aktien vor der Konsolidierung. Das Unternehmen wird während dieses Prozesses seinen aktuellen Namen beibehalten. Nach der Konsolidierung wird die Gesamtzahl der ausstehenden Aktien voraussichtlich etwa 21.002.671 betragen, vorbehaltlich der Rundung bei Bruchstücken. Die neue ISIN-Nummer des Unternehmens für nach der Konsolidierung ausgegebene Aktien wird CA23809L2075 sein.

Positive
  • None.
Negative
  • Share consolidation (reverse split) of 30:1 ratio indicates potential concerns about maintaining exchange listing requirements
  • Significant reduction in outstanding shares from ~630 million to ~21 million could impact stock liquidity

TORONTO, ON / ACCESS Newswire / February 18, 2025 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTCQB:DTMXF) announces that, further to the Company's news release dated February 6, 2025,effectiveat the opening on February 19, 2025, the common shares of the Company ("Shares") will commence trading on the TSX Venture Exchange ("TSXV") on a consolidated basis of one (1) post-consolidation share for every thirty (30) pre-consolidation shares (the "Consolidation").

The Company will not undergo a name change at the time of Consolidation. The Company's new ISIN number will be CA23809L2075 for post-Consolidation Shares.

‎The total issued and outstanding number of Shares post-Consolidation will be approximately 21,002,671, subject to rounding for fractional Shares. ‎

For additional information regarding the Consolidation, please refer to the Company's news release dated February 6, 2025 and management information circular dated October 2, 2024, available on SEDAR+ at www.sedarplus.ca.

About Datametrex

Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence, Healthcare, 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.

For more on Datametrex, please visit our YouTube channel and Company website.

For Additional Information

Paul Haber, C.P.A., C.A., C. Dir
CEO & Chairman
info@datametrex.com
(416) 318-6501

Disclaimer

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

Forward-Looking Statements

This press release may contain certain forward-looking information and statements ("forward-‎looking information") within the meaning of applicable Canadian securities legislation, that are not ‎based on historical fact, including without limitation statements containing the words "believes", ‎‎"anticipates", "plans", "intends", "will", "should", "expects", "continue", "estimate", "forecasts" ‎and other similar expressions. Forward-looking information in this press release includes, but is not limited to, expectations regarding the Consolidation and the new ISIN of the Company being effective as of the expected effective date. Readers are cautioned to not place undue reliance on forward-‎looking information. Actual results and developments may differ materially from those ‎contemplated by these statements. The Company undertakes no obligation to comment analyses, ‎expectations or statements made by third-parties in respect of the Company, its securities, or ‎financial or operating results (as applicable). Although the Company believes that the expectations ‎reflected in forward-looking information in this press release are reasonable, such forward-looking ‎information has been based on expectations, factors and assumptions concerning future events ‎which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of ‎which are beyond the Company's control. The forward-looking information contained in this press release are expressly ‎qualified by this cautionary statement and are made as of the date hereof. The Company disclaims ‎any intention and has no obligation or responsibility, except as required by law, to update or revise ‎any forward-looking information, whether as a result of new information, future events or ‎otherwise.‎

SOURCE: DataMetrex AI Ltd.



View the original press release on ACCESS Newswire

FAQ

What is the consolidation ratio for Datametrex (DTMXF) shares in February 2025?

Datametrex (DTMXF) shares will be consolidated at a ratio of 30:1, meaning one post-consolidation share for every thirty pre-consolidation shares, effective February 19, 2025.

How many shares will Datametrex (DTMXF) have outstanding after the February 2025 consolidation?

After the consolidation, Datametrex (DTMXF) will have approximately 21,002,671 shares outstanding, subject to rounding for fractional shares.

When does the Datametrex (DTMXF) share consolidation take effect?

The Datametrex (DTMXF) share consolidation takes effect at the opening of trading on February 19, 2025.

What is the new ISIN number for Datametrex (DTMXF) after the consolidation?

The new ISIN number for Datametrex (DTMXF) post-consolidation shares is CA23809L2075.

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