Datametrex Completes Financings to Advance Yuzu Payment Solution Acquisition

Datametrex AI Limited has successfully closed its previously announced financings, raising a total of CAD 5.13 million. The Toronto-based company completed a private placement of 47.9 million common shares at CAD 0.08 each, gathering CAD 3.83 million in gross proceeds. Concurrently, it issued 16.25 million subscription receipts, generating an additional CAD 1.3 million.

Proceeds from these financings are designated for integrating the Yuzu Payment Solution into Datametrex's technology framework. Additionally, funds will support new business expansions and general operational needs. The completion of Yuzu Payment Solution acquisition depends on regulatory approvals and other customary conditions by December 31, 2025.

These transactions are crucial to Datametrex's growth plan, enhancing its financial stability and facilitating market expansions. The TSX Venture Exchange's final approval remains pending. Securities issued under these offerings are subject to a four-month statutory hold period in accordance with Canadian law.