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DATAMETREX FILES REVISED Q1 AND Q2 FINANCIAL RESULTS DUE TO THE CANCELLATION OF STOCK OPTIONS

Toronto, Canada, November 16, 2022 – Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) would like to report that further to the news release on November 11, 2022, the Company has refiled its financial results for Q1 and Q2 2022 amid the news of the cancellation of its stock options of an aggregated 13,000,000 incentive stock options issued pursuant to the Company’s stock option plan on January 25, 2022.


Datametrex has filed its financial statements and the management discussion and analysis (“MD&A”) on SEDAR. Please refer to the Q1 and Q2 2022 filing in its entirety, which is available under Datametrex’ profile at www.sedar.com.


About Datametrex


Datametrex AI Limited is a technology-focused company using artificial intelligence (AI) to create progressive solutions for the cyber security, telehealth, and electric vehicle (EV) verticals. Datametrex’s mission is to provide tools that support companies in fulfilling their operational goals with predictive and preventive technologies.


For additional information on Datametrex and other corporate information, please visit the Company's website at www.datametrex.com.


For further information:


Investor Relations & Communications


Priya Monique Atwal, Director of Communications

Tel: 416-901-5611 x 204


Marshall Gunter, CEO

Tel: 514-295-2300


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward Looking Statements


All statements included in this press release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections, and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Except as required by law, the Company does not undertake to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.


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Bee Hive
Bee Hive
6 days ago

Datametrex's decision to refile its financials after the cancellation of stock options demonstrates their commitment to transparency. As a company heavily involved in AI, cybersecurity, and telehealth, they're making waves in some cutting-edge industries. If you're a student juggling academic responsibilities and trying to keep up with industry news like this, you might find https://www.nursingpaper.com/ helpful. They offer support for your academic writing needs, freeing up time for other priorities!

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Kate Boom
Kate Boom
6 days ago

The cancellation of 13 million stock options is quite a significant move for Datametrex. It's good to see that they're addressing it by reissuing their financials for Q1 and Q2. The company’s work in AI and cybersecurity shows that they are focused on the future, and this transparency with their financial statements adds to their credibility. It'll be interesting to follow how they move forward after this.

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Kate Shee
Kate Shee
6 days ago

It's interesting to see how Datametrex is handling the cancellation of their stock options and the impact on their Q1 and Q2 financials. It's good to know they're being transparent and refiling the reports accordingly. With their focus on AI technology, cybersecurity, and telehealth, it's clear that Datametrex is aiming to stay ahead in innovative sectors. Curious to see how this development will affect their long-term financial performance.

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