Toronto, Ontario--(Newsfile Corp. - February 2, 2021) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the "Company" or "Datametrex") is pleased to announce today that the board has completed its strategic review of Ronin Blockchain Corp. ("Ronin").
As a result of favourable cryptocurrency market, the Company has determined that it would be in the best interest of all stakeholders of Datametrex to reactivate Ronin by spinning off and raising funds directly into Ronin.
The above actions are subject to a number of approvals including the TSX Venture Exchange, plan of arrangement to spin the entity out to our shareholders, and potentially shareholders approval. Datametrex will continue to provide updates to the market as the process progresses including information about the structure of the financing and transaction.