November 17, 2025 — Leads & Copy — Datametrex AI Limited has completed a non-brokered private placement of common shares and a subscription receipt financing, raising total gross proceeds of $5,133,500.
The company issued 47,918,750 common shares at $0.08 per share, generating gross proceeds of $3,833,500, and 16,250,000 subscription receipts at $0.08 per subscription receipt, raising gross proceeds of $1,300,000. The announcement was made public on Thursday.
The proceeds from the subscription receipt financing will be used to integrate the Yuzu Payment Solution into Datametrex’s technology division and pursue merchant opportunities for revenue generation.
Net proceeds from the common share private placement will go towards supporting business expansion, establishing a new clinic location, and general working capital.
The subscription receipt financing’s closing is conditional to the closing of the proposed acquisition of the Yuzu Payment Solution. The subscription receipts were created and issued under a subscription receipt agreement dated November 14, 2025, between Datametrex and TSX Trust Company, the subscription receipt agent.
The gross proceeds from the subscription receipt financing are held in escrow with the subscription receipt agent, pending satisfaction of escrow release conditions by December 31, 2025. Each subscription receipt will automatically be exchanged for one common share upon completion or waiver of all acquisition conditions, receipt of required approvals, and confirmation to the subscription receipt agent that all conditions have been met or waived.
If the escrow release conditions are not met by the deadline, the subscription receipts will be canceled, and holders will receive a refund of the issue price. Datametrex will be responsible for covering any shortfall in escrowed funds required for the refunds.
Finders are entitled to a cash commission of $130,000, equal to 10% of the gross proceeds from the subscription receipt financing, payable upon satisfaction of the escrow release conditions. They will also receive 1,625,000 finders warrants, equivalent to 10% of the subscription receipts issued. Each finder’s warrant allows the purchase of one common share at $0.08 for 24 months, contingent upon satisfaction of the escrow release conditions.
Concurrently with the exchange of Subscription Receipts for Common Shares, the balance of the escrowed proceeds will be released to the Company as the net proceeds of the Subscription Receipt Financing.
The company paid cash finder’s fees of $110,950 related to the common share private placement and issued 1,031,250 common shares and 2,418,125 finders warrants, in accordance with TSX Venture Exchange policies.
Insiders of Datametrex participated in the common share private placement, subscribing for 5,925,000 common shares. The insider participation is considered a related party transaction under Multinational Instrument 61-101 but is exempt from formal valuation and minority approval requirements.
Andrew Ryu held no Common Shares before the offering. Now, he holds 16,250,000 Common Shares, or 16.65% of the issued and outstanding Common Shares. Ryu may, from time to time, increase or decrease holdings of Common Shares or other securities of the Company. An early warning report will be on SEDAR+.
The offerings are subject to TSXV approval, and completion of the Yuzu Payment Solution acquisition is subject to customary conditions, including TSXV approval. The acquisition is expected to close by the Escrow Release Deadline.
All securities issued under the Offerings are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable Canadian securities laws.
Datametrex is a technology company focused on AI and healthcare, specializing in tools and solutions that enhance operational efficiencies and business outcomes.
Paul Haber, CEO & Chairman, can be contacted at info@datametrex.com or (416) 318-6501.
Source: Datametrex AI Limited
