Datametrex Announces Closing of Financings
Core Points - Datametrex AI Limited has successfully closed its non-brokered private placement of common shares and subscription receipt financing, collectively referred to as the Offerings [1] - The Company issued a total of 47,918,750 common shares at a price of $0.08 per share, resulting in gross proceeds of $3,833,500 from the Common Shares Private Placement [1] - In addition, the Company issued 16,250,000 subscription receipts at the same price of $0.08 per receipt, generating gross proceeds of $1,300,000 from the Subscription Receipt Financing [1] - The total gross proceeds from both Offerings amounted to $5,133,500 [1]