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02:13
 
  • Datametrex (DM) has announced the acquisition of EV Connect Solutions Inc. for $10M in shares
  • The company issued 66,666,667 common shares for $0.15 per share
  • Datametrex CEO Marshall Gunter sat down with Sabrina Cuthbert to discuss the news
  • EV Connect Solutions is a private Ontario company that is focused on the emerging global electric vehicle charging infrastructure market
  • Datametrex AI Limited is a technology-focused company with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy
  • Shares of Datametrex AI Limited (DM) opened trading at C$0.145

Datametrex (DM) has announced the acquisition of EV Connect Solutions Inc.

EV Connect Solutions is a private Ontario company focused on the emerging global electric vehicle charging infrastructure market estimated to reach US$147.94 billion by 2030.

Datametrex has acquired all issued and outstanding shares of EV Connect for a purchase price of $10,000,000. The company issued 66,666,667 common shares at a price of $0.15 per share.

Marshall Gunter, CEO of Datametrex, sat down with Sabrina Cuthbert to discuss the news.

“This is a very exciting acquisition as we can utilize our team of developers and knowledge of product development to enter the emerging electric vehicle space – an exciting and growing industry that will be here for a long time and represents significant potential for Datametrex and its shareholders.”

Datametrex AI Limited is a technology-focused company with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy.

Shares of Datametrex AI Limited (DM) opened trading at C$0.145.

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