Datametrex Provides Financing Update
Rhea-AI Summary
Datametrex AI (OTC:DTMXF) has confirmed the terms of two previously announced private placement financings. The company is conducting a non-brokered private placement of up to $3,000,000 in common shares and another private placement of up to $1,000,000 in subscription receipts.
Both offerings are priced at $0.08 per share/receipt. The subscription receipts' proceeds will fund the integration of Yuzu Payment Solution in Datametrex's technology division and pursue merchant opportunities. The company may pay finder's fees of up to 10% cash and 10% finder's warrants for the financings, though no finder's fees apply to the Yuzu acquisition.
Positive
- None.
Negative
- Potential dilution for existing shareholders through $4M private placement
- 10% finder's fees in cash and warrants may further increase dilution
- Share price of $0.08 indicates relatively low valuation
News Market Reaction – DTMXF
On the day this news was published, DTMXF declined 8.01%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
TORONTO, ONTARIO / ACCESS Newswire / September 22, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC:DTMXF) is pleased to confirm the terms of its two previously announced private placement financings (see press releases dated June 9, 2025, July 8, 2025 and September 15, 2025) announcing a non-brokered private placement of up to
About Firstpayment
Firstpayment is a Canadian-based fintech company that provides cryptocurrency payment processing solutions. Its technology is backed by a portfolio of ten (10) granted patents, eight (8) USPTOs and two (2) Canadian patents, in the payments space, including innovations in mobile and cryptocurrency payments. The company's proprietary platform, "YUZU", also known as Yuzupay, enables seamless cryptocurrency payments between merchants and customers.
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.
This news release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.
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.
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SOURCE: DataMetrex AI Ltd.
View the original press release on ACCESS Newswire
FAQ
What is the total amount of financing Datametrex (DTMXF) is seeking to raise?
How will Datametrex (DTMXF) use the proceeds from the subscription receipts?
What are the finder's fees for Datametrex's (DTMXF) private placements?
What is the connection between the subscription receipts offering and the Yuzu acquisition?