TSX Venture Exchange
Symbol "DM"
TORONTO, July 11, 2018 /CNW/ - Datametrex AI Limited (the
"Company" or "Datametrex") (TSXV: DM, FSE:
D4G) announces that Mr. Andrew
Male and Mr. Cory Taylor have
tendered their resignations as Directors of the Company, effective
as of July 3rd, 2018, but
will continue to work with the Company in an advisory capacity. The
Company would like to thank Mr. Male and Mr. Taylor for their
services to the Company and look forward to working with them in
this new role as the Company continues to develop its business.
"I would like to thank both Andrew and Cory for their time and
commitment to Datametrex. Each of them brought unique skills to the
board, adding depth and experience which was key in positioning the
Company to succeed", says Andrew
Ryu, Chairman and CEO of the Company.
Concurrent with these resignations, the Company is pleased to
announce that Mr. Pankaj Varma and
Mrs. Janeen Stodulski have been
appointed as Directors of the Company, effective July 3rd, 2018.
The appointments of the new board members are subject to the
final approval of the TSX Venture Exchange.
Mr. Pankaj Varma
After completing his BA in Economics and Business from
York University, Pankaj worked as the
Legislative Advisor to the Minster of Health, the Honorable Elinor
Caplan. After three years at Queen's Park, he left to pursue his
MBA at York University.
Since 1992, Pankaj has been successfully managing his family's
business interests including investments in real estate, stocks,
bonds, and currencies.
Currently, he is president of Brook Capital Corporation - an
independent boutique investment firm that connects high net worth
investors, family offices, and foundations with best in class
alternative investment products.
Pankaj currently serves as a Director of ADYA Inc., which trades
on the TSX Venture Exchange. He is also on the Board of the
Toronto chapter of TiE (a global
mentoring organization for entrepreneurs) as well as the Bayview
Golf and Country Club.
Mrs. Janeen Stodulski
A graduate of Brock University,
Janeen received her CPA designation in 1999 and her MBA from
Queen's University in 2002 and most recently completed her In-Depth
taxation with CPA Canada.
Janeen brings more than 28 years in diverse tax, financial, and
business consulting experience to the table. She has gained
extensive accounting experience through her senior roles in public
practice as well as several C-suite roles in a variety of
companies. Janeen extensive expertise allows her to provide outside
the box strategies and solutions in addition to comprehensive
accounting services.
With a love for technology, she brings a special focus to cloud
accounting solutions. She is the innovator of the Grant Thornton
Cloud Accounting solution and is currently working as the Client
Service Director for Grant
Thornton.
Ms. Stodulski has received numerous awards and appointments
during her career, including an appointment to the Prime Minister's
Task Force on Women Entrepreneurs, Ontario and Chapter Distinguished Service
awards with CGA, Royal Bank Women Entrepreneurs finalist and
Oakville Community Environmental Award.
"We are thrilled to have both Janeen and Pankaj join our board
as we embark on our second year as a public company. Each of them
brings tremendous experience and contacts that will no doubt
benefit the Company as we continue to expand in our areas of focus
including: Artificial Intelligence, Blockchain and Crypto
Currency", says Jeff Stevens,
President and COO of the Company.
About the Company
Datametrex AI Limited is a technology focused company with
exposure to four exciting verticals. Big Data and Systems
Integration. Artificial Intelligence and Machine Learning through
its wholly owned subsidiary, Nexalogy (www.nexalogy.com).
Implementing Blockchain technology through its joint venture
company, Graph Blockchain (www.graphblockchain.com). Industrial
scale Cryptocurrency Mining through its wholly owned subsidiary,
Ronin Blockchain Corp (www.roninblockchain.com).
Additional information on Datametrex is available at:
www.datametrex.com.
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questions.
Neither the 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
This news release includes certain forward-looking statements
within the meaning of Canadian securities laws. Such
forward-looking information and statements are not representative
of historical facts or information or current condition, but
instead represent only the Company`s belief regarding future
events, plans or objectives, many of which, by their nature, are
inherently uncertain and outside of the Company's control.
Generally, such forward-looking information or statements can be
identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or may contain statements that certain actions, events
or results "may", "could", "would", "might" or "will be taken",
"will continue", "will occur" or "will be achieved".
The forward-looking information contained herein includes, but
is not limited to, statements regarding the future prospects of the
Company. By identifying such information and statements in this
manner, the Company is alerting the reader that such information
and statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
information and statements.
Although the Company believes that the assumptions and factors
used in preparing, and the expectations contained in, the
forward-looking information and statements are reasonable, undue
reliance should not be placed on such information and statements,
and no assurance or guarantee can be given that such
forward-looking information and statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such information and
statements. Accordingly, readers should not place undue reliance on
any forward-looking information or statements contained in this
press release.
The forward-looking information contained in this press release
is made as of the date hereof, and the Company does not undertake
to update any forward-looking information that is contained or
referenced herein, whether as a result of new information, future
events or otherwise, except in accordance with applicable
securities laws. All subsequent written and oral forward looking
information and statements attributable to the Company or persons
acting on its behalf are expressly qualified in its entirety by
this notice.
SOURCE Datametrex AI Limited