Datametrex AI Limited Announces Issuance of Stock Options
TSX Venture Exchange Symbol "DM"
TORONTO, April 5, 2018 /CNW/ - Datametrex AI Limited (the "Company" or "Datametrex") (TSXV: DM, FSE: D4G) announces that in March 2018, it granted an aggregate of 2,365,081 incentive stock options under the Company's stock option plan (the "Plan") to certain directors, employees and advisors of the Company. The options are exercisable for a period of two years at $0.20 per share, all of which shall vest immediately in accordance with the terms of the Plan, with one exception. The options issued to an employee optionee will vest over a two year period. As of the date hereof, a total of 15,574,135 common shares of the Company are reserved for issuance under the Company's stock option plan.
The options and underlying common shares will be subject to a four month hold period from the date of issuance of the options.
About the Company
Datametrex AI Limited is a technology focused company with exposure to four exciting verticals. Big Data, collecting data from retail point of sales environments. Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com). Implementing Blockchain technology for secure Data Transfers through its joint venture company, Graph Blockchain (www.graphblockchain.com). Industrial scale Cryptocurrency Mining through its wholly owned subsidiary, Ronin Blockchain Corp (www.roninblockchain.com).
Additional information on Datametrex is available at: www.datametrex.com.
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Neither the 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.
SOURCE Datametrex AI Limited
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Jeffrey Stevens - President & COO, Phone: (647) 400-8494, Email: [email protected]
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