Datametrex Announces Fiscal Year-End Change

Rhea-AI Summary

Datametrex AI Limited (DTMXF) announces a change in its fiscal year-end from December 31 to March 31, aiming to streamline the audit process. The company expects to file its audited fifteen-month fiscal year ended March 31, 2024 financial statements in late-June 2024. Details regarding the change will be available in the Company's Notice of Change of Financial Year-End on SEDAR at www.sedarplus.ca.

Toronto, Ontario--(Newsfile Corp. - February 8, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex'') today announces that it is changing its fiscal year-end from December 31 to March 31.

The Company is changing its year-end to better facilitate the audit process for audit services for companies with a year-end of December 31. As a result, the Company expects to file its audited fifteen-month fiscal year ended March 31, 2024 financial statements in late-June 2024, in accordance with National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102").

Further details regarding the change in financial year, including the Company's interim reporting periods, will be available in the Company's Notice of Change of Financial Year-End prepared in accordance with section 4.8 NI 51-102, which will be filed on the Company's profile on SEDAR at www.sedarplus.ca.

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/197177

FAQ

What is the ticker symbol for Datametrex AI Limited?

The ticker symbol for Datametrex AI Limited is DTMXF.

Why is Datametrex AI Limited changing its fiscal year-end?

Datametrex AI Limited is changing its fiscal year-end from December 31 to March 31 to better facilitate the audit process for audit services for companies with a year-end of December 31.

When does Datametrex AI Limited expect to file its audited financial statements for the fifteen-month fiscal year ended March 31, 2024?

Datametrex AI Limited expects to file its audited financial statements in late-June 2024.

Where can details regarding the change in financial year for Datametrex AI Limited be found?

Details regarding the change in financial year will be available in the Company's Notice of Change of Financial Year-End on SEDAR at www.sedarplus.ca.