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Datametrex AI Limited (DTMXF) is a technology solutions company based in Toronto, Ontario, specializing in Artificial Intelligence, Healthcare, and Mobile Gaming. The company recently announced the acquisition of the mobile game Cereal Crunch, featuring a play-to-earn blockchain gaming model. With a focus on innovation and cutting-edge technology, Datametrex aims to enhance operational efficiencies and business outcomes for enterprises. For more information, visit the company's YouTube channel and website.
Datametrex AI (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) has announced the launch of its new play-to-earn game, Cereal Crunch, on the Google Play Store. This follows the company's recent acquisition of the game. Additionally, Datametrex has proposed a non-brokered private placement financing aiming to raise $1,500,000 by offering up to 75 million units at $0.02 per unit. Each unit includes one common share and one share purchase warrant, exercisable at $0.05 per share for three years. The raised funds will be used for general working capital. The closure of the private placement is expected around June 27, 2024, and is subject to TSX Venture Exchange approval. The game, which uses match-3 mechanics, includes in-game purchases and advertisements for revenue generation, with plans to integrate blockchain-based Crunch Tokens for secure transactions. Datametrex also aims to launch Cereal Crunch on the Apple Play Store soon.
Datametrex AI has completed the acquisition of the mobile blockchain game Cereal Crunch from Sariel Diagnostics Corp. for $3.5 million. The deal includes game software, IP, user databases, the Crunch Token, and $150,000 in cash. Cereal Crunch features match-3 mechanics and a play-to-earn model rewarding players with cryptocurrency. The payment was made through the issuance of 70,000,000 common shares of Datametrex at $0.05 per share. This acquisition aligns with Datametrex's strategic focus on innovative technologies in e-gaming and blockchain sectors. All issued shares are under a statutory hold period of four months and one day.
Datametrex AI (TSXV: DM, FSE: D4G, OTC Pink: DTMXF) announced the sale of 4,570,000 common shares of New World Solutions Inc. (CSE: NEWS) at an average price of $0.02 per share, generating approximately $95,065 in proceeds. Before the sale, Datametrex held 11,500,000 shares, representing 11.14% of New World's outstanding shares. Post-sale, Datametrex retains 6,930,000 shares, now holding 6.71% of New World's shares—a 4.43% decrease in ownership. The sale was made for investment purposes, and the company may adjust its holdings based on market conditions.
Datametrex AI (OTC Pink: DTMXF) announced the passing of Hon. James Scott Peterson, a valued board member since July 2020, on May 10, 2024. Hon. Peterson, a former Member of Parliament, Minister of International Trade, and legal expert, contributed significantly to the company's strategic initiatives and governance. CEO Charles Park emphasized Peterson's pivotal role within the company and his lasting legacy. The company extends condolences to his family and friends.
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