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Toronto, Ontario--(Newsfile Corp. - February 27, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce that further to its news release dated February 1, 2024, the Company has closed its non-brokered private placement financing of 50,000,000 units of the Company ("Units") at a price of $0.02 per Unit (the "Private Placement"), for aggregate gross proceeds of $1,000,000.
Each Unit consists of one (1) common share of the Company ("Share") and one (1) common share purchase warrant ("Warrant"). Each Warrant entitles the holder to acquire one additional Share of the Company at a price of $0.05 per Share for a period of two (2) years from the date of issuance.
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