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Datametrex Announces Upsize of Non-Brokered Private Placements
TORONTO, ON / ACCESS Newswire / September 29, 2025 / Datametrex AI Limited ( the "Company" ...
About this update from Datametrex Ai Ltd.
[{"type":"text","content":"Datametrex Announces Upsize of Non-Brokered Private PlacementsTORONTO, ON / ACCESS Newswire / September 29, 2025 / Datametrex AI Limited (the \"Company\" or \"Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) announces that it will seek approval of TSX Venture Exchange (\"TSXV\") to upsize its two previously announced non-brokered private placement financings (see press releases dated June 9, 2025, July 8, 2025, September 15, 2025 and September 22, 2025). The Company will seek TSXV approval to increase the previously announced private placement of common shares from $3,000,000 to $4,000,000, and will seek TSXV approval to increase the previously announced financing of subscription receipts (\"Subscription Receipts\") from $1,000,000 to $1,300,000 (collectively, the \"Offerings\").The gross proceeds from the Subscription Receipts will be used to integrate the Yuzu Payment Solution in Datametrex's technology division, pursue merchant opportunities to generate revenues, and general working capital. The closing of the Offering of the Subscription Receipts is a condition to the closing of the proposed acquisition of the Yuzu Payment Solution.The Company may pay finder's fees up to 10% cash and up to 10% finder's warrants in connection with both Offerings. No finder's fees are payable in connection with the proposed acquisition of the Yuzu Payment Solution.All securities issued and issuable pursuant to the Offerings will be subject to a hold period of four months plus one day from the date of closing of each Offering. The Offerings are subject to approval by TSXV.About FirstpaymentFirstpayment is a Canadian-based fintech company that provides cryptocurrency payment processing solutions. Its technology is backed by a portfolio of ten (10) granted patents, eight (8) USPTOs and two (2) Canadian patents, in the payments space, including innovations in mobile and cryptocurrency payments. The company's proprietary platform, \"YUZU\", also known as Yuzupay, enables seamless cryptocurrency payments between merchants and customers.About DatametrexDatametrex is an innovative leader in Technology Solutions, Artificial Intelligence, Healthcare, and Mobile Gaming. The Company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes. With a commitment to innovation, Datametrex is dedicated to supporting en...