Datametrex grants options to buy 6.15 million shares.https://web.tmxmoney.com/article.php?newsid=8703464390066236&qm_symbol=DM
2018-10-15 16:41 ET - News Release
Mr. Jeffrey Stevens reports
DATAMETREX AI LIMITED ANNOUNCES ISSUANCE OF STOCK OPTIONS
In October, 2018, Datametrex AI Ltd. granted an aggregate of 6.15 million incentive stock options under the company's stock option plan to certain directors, officers and employees of the company and its subsidiaries. The options are exercisable for a period of two years at seven cents per share. As of the date hereof, a total of 16,374,135 common shares of the company are reserved for issuance under the company's stock option plan.
In addition to the grant, the company has made amendments to the exercise price of certain previously granted options, including:
- Reduction in exercise price from 22.5 cents per share to 10 cents per share for 3.2 million options originally granted to certain directors and officers (expiring Jan. 22, 2020);
- Reduction in exercise price from 20 cents per share to 10 cents per share for 1,665,081 options originally granted to certain directors (expiring March 8, 2020).
About Datametrex AI Ltd.
Datametrex AI is a technology-focused company with exposure to four exciting verticals: big data, collecting data from retail point-of-sale environments; artificial intelligence and machine learning through its wholly owned subsidiary, Nexalogy; implementing blockchain technology for secure data transfers through its joint venture company, Graph Blockchain; and industrial-scale cryptocurrency mining through its wholly owned subsidiary, Ronin Blockchain Corp.
Datametrex AI 1.3 million shares for debt
2018-10-15 16:39 ET - Shares for Debt
The TSX Venture Exchange has accepted for filing the company's proposal to issue 1.3 million common shares at a deemed value of seven cents per share to settle outstanding debt for $91,000.
Number of creditors: two creditors
Insider: Michael Frank, $70,000, one million shares at seven cents
For further information, please refer to the company's news release dated Oct. 5, 2018.