DTMXF - Datametrex acquires EV Connect Solutions

Datametrex AI (OTCQB:DTMXF) to acquire EV Connect Solutions, a private Ontario company that is focused on the emerging global electric vehicle charging infrastructure market that is estimated to reach $147.94B by 2030. EV Connect is the exclusive Canadian partner of EVAR, a company that is a spin-off from Samsung Electronics C-Lab. EVAR is a spin-off from Samsung Electronics C-Lab with a focus on creating a hassle free, EV recharging environment. Per the terms, the shareholders of EV Connect have entered into a share purchase agreement pursuant to which the Company acquired all the issued and outstanding shares of EV Connect for an aggregate deemed purchase price of $10M. The purchase price was satisfied by the issuance of an aggregate of 66,666,667 common shares of the company issued at a deemed price of $0.15/share. EV Connect has zero debt; the deal will not result in any change of control or the

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Datametrex acquires EV Connect Solutions