DataMetrex Signs LOI to Acquire Arbutus Health and Wellness Inc.
Datametrex AI (DTMXF) has signed a non-binding Letter of Intent to acquire Arbutus Health and Wellness Inc., a Vancouver-based multidisciplinary medical clinic, for $1.1 million. The acquisition will be completed through the issuance of common shares at $0.10 per share.
Arbutus Health provides walk-in services, family medicine, skin laser treatments, and specialty healthcare services in a single location. The transaction requires customary closing conditions, definitive agreements, and regulatory approvals.
In a separate announcement, Richard Yoon has resigned from the Board of Directors effective March 28, 2025, with the company initiating a search for his replacement.
Datametrex AI (DTMXF) ha firmato una Lettera di Intenti non vincolante per acquisire Arbutus Health and Wellness Inc., una clinica medica multidisciplinare con sede a Vancouver, per 1,1 milioni di dollari. L'acquisizione sarà completata attraverso l'emissione di azioni ordinarie a 0,10 dollari per azione.
Arbutus Health offre servizi di pronto intervento, medicina di famiglia, trattamenti laser per la pelle e servizi sanitari specializzati in un'unica sede. La transazione richiede le consuete condizioni di chiusura, accordi definitivi e approvazioni normative.
In un annuncio separato, Richard Yoon si è dimesso dal Consiglio di Amministrazione con effetto dal 28 marzo 2025, con l'azienda che avvia una ricerca per il suo sostituto.
Datametrex AI (DTMXF) ha firmado una Carta de Intención no vinculante para adquirir Arbutus Health and Wellness Inc., una clínica médica multidisciplinaria con sede en Vancouver, por 1,1 millones de dólares. La adquisición se completará mediante la emisión de acciones ordinarias a 0,10 dólares por acción.
Arbutus Health ofrece servicios de atención médica, medicina familiar, tratamientos láser para la piel y servicios de salud especializados en una sola ubicación. La transacción requiere las condiciones de cierre habituales, acuerdos definitivos y aprobaciones regulatorias.
En un anuncio separado, Richard Yoon ha renunciado a la Junta Directiva con efecto a partir del 28 de marzo de 2025, y la empresa ha iniciado la búsqueda de su reemplazo.
Datametrex AI (DTMXF)은 110만 달러에 밴쿠버에 본사를 둔 다학제 의료 클리닉인 Arbutus Health and Wellness Inc.를 인수하기 위한 비구속 의향서를 체결했습니다. 인수는 주당 0.10달러의 보통주 발행을 통해 완료될 예정입니다.
Arbutus Health는 단일 위치에서 응급 서비스, 가정 의학, 피부 레이저 치료 및 전문 의료 서비스를 제공합니다. 이 거래는 관례적인 마감 조건, 최종 계약 및 규제 승인을 요구합니다.
별도의 발표에서 Richard Yoon은 2025년 3월 28일부로 이사회에서 사임했으며, 회사는 그의 후임자를 찾기 시작했습니다.
Datametrex AI (DTMXF) a signé une lettre d'intention non contraignante pour acquérir Arbutus Health and Wellness Inc., une clinique médicale multidisciplinaire basée à Vancouver, pour 1,1 million de dollars. L'acquisition sera réalisée par l'émission d'actions ordinaires à 0,10 dollar par action.
Arbutus Health propose des services d'urgence, de médecine familiale, des traitements au laser pour la peau et des services de santé spécialisés en un seul endroit. La transaction nécessite des conditions de clôture habituelles, des accords définitifs et des approbations réglementaires.
Dans une annonce séparée, Richard Yoon a démissionné de son poste au conseil d'administration avec effet au 28 mars 2025, et la société a lancé une recherche pour le remplacer.
Datametrex AI (DTMXF) hat ein unverbindliches Absichtsschreiben zur Übernahme von Arbutus Health and Wellness Inc., einer multidisziplinären medizinischen Klinik mit Sitz in Vancouver, für 1,1 Millionen Dollar unterzeichnet. Die Übernahme wird durch die Ausgabe von Stammaktien zu 0,10 Dollar pro Aktie abgeschlossen.
Arbutus Health bietet Dienstleistungen für Notfälle, Familienmedizin, Hautlaserbehandlungen und spezialisierte Gesundheitsdienste an einem einzigen Standort an. Die Transaktion erfordert die üblichen Abschlussbedingungen, endgültige Vereinbarungen und regulatorische Genehmigungen.
In einer separaten Ankündigung hat Richard Yoon mit Wirkung zum 28. März 2025 von seinem Posten im Vorstand zurückgetreten, und das Unternehmen hat die Suche nach seinem Nachfolger eingeleitet.
- Strategic expansion into healthcare sector through $1.1M acquisition
- Diversification of revenue streams through medical clinic services
- All-stock transaction preserves cash resources
- Share issuance at $0.10 may lead to dilution for existing shareholders
- Non-binding LOI carries execution risk
- Loss of board member requires additional search and transition period
TORONTO, ON / ACCESS Newswire / April 1, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce the signing of a non-binding Letter of Intent ("LOI") to acquire Arbutus Health and Wellness Inc. ("Arbutus Health"), a multidisciplinary medical clinic in Vancouver Canada, on March 20, 2025.
Datametrex has agreed to acquire Arbutus Health for the Purchase Price of up to
Arbutus Health provides walk-in services, family medicine, skin laser treatments, and other specialty healthcare services in a single location.
The transaction is not a Non-Arm's Length Transaction, and no finder's fees will be paid. Completion of the Acquisition is subject to customary closing conditions, definitive agreements, and regulatory approvals. The Company will provide an update through a subsequent press release once a definitive agreement has been reached.
Paul Haber, CEO of Datametrex, commented, "We are pleased to take this strategic step in expanding our healthcare business. This acquisition strengthens our presence in the sector and aligns with our long-term growth strategy, allowing us on scale our operations and enhance service offerings."
Additionally, Datametrex announces that Richard Yoon has resigned from the Board of Directors, effective March 28, 2025. The Company thanks Mr. Yoon for his contributions and leadership and wishes him the best in his future endeavors. The Board will begin the process of identifying a suitable replacement in due course and further updates will be announced in the future release.
About Arbutus Health
Arbutus Health is a multidisciplinary medical clinic designed to address wait times and fragmented care in Canada's health system. Walk-in services, family doctors, skin laser treatments, and other specialties are integrated under one roof to provide timely and comprehensive care without requiring multiple referrals. Staffed by licensed healthcare professionals, patient satisfaction will be enhanced through innovative, efficient, and high-quality healthcare solutions.
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 Company website.
For Additional Information
Paul Haber, C.P.A., C.A., C.Dir
CEO & Chairman
info@datametrex.com
(416) 318-6501
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
This news release contains "forward-looking statements," which involve risks, uncertainties, and factors that could cause actual results to differ materially from those anticipated. These statements are not historical facts and are generally identified by words such as "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," and similar expressions. Such statements include expectations related to healthcare business and other Company plans.
While Datametrex believes the forward-looking information is reasonable as of the date of this release, these statements involve assumptions, risks, and uncertainties that could cause actual outcomes to differ. Key factors include general economic conditions, legislative and regulatory developments, access to capital, industry competition, and the Company's ability to execute its strategies. The Company does not undertake to update these statements, except as required by law. Readers are advised not to place undue reliance on forward-looking information.
Factors that could cause actual results to differ materially are detailed under "Risk Factors" in Datametrex's management's discussion and analysis and available on the Company's profile at www.sedarplus.ca.
This release does not constitute an offer to sell or a solicitation to buy, nor shall it constitute an offer, solicitation, or sale in any jurisdiction where such would be unlawful prior to registration or qualification under applicable securities laws. We seek Safe Harbor.
SOURCE: DataMetrex AI Ltd.
View the original press release on ACCESS Newswire
FAQ
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