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Datametrex (TSXV:DM) issues incentive options

Technology
TSXV:DM
17 February 2021 14:00 (EDT)

Datametrex AI Limited (DM) is pleased to announce that the company, in continuance of its option plan, has granted incentive stock options.

The stock options will be given to consultants, management, certain employees, and the board of directors to purchase up to 8.9 million common shares in the capital of the company, pursuant to the stock option plan of the company.

The options are exercisable at a price of C$0.18 per share and will expire two years from the date of grant.

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

Datametrex AI Limited is up 25 per cent to C$0.22 per share.

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