• Datametrex AI (TSXV:DM) has received a purchase order from a Canadian mining company for COVID-19 test kits
  • The C$500,000 purchase order is for an initial 10,000 detection kits
  • The detection kits contain sterile swabs, skirted tubes with capture caps, and a detection system machine for analysing samples
  • The items will be shipped directly to the buyer at its operations site in Africa 
  • Datametrex (DM) is down 3.57 per cent and is currently trading at $0.14 per share

Datametrex AI (TSXV:DM) has received a purchase order from a Canadian mining company for COVID-19 test kits.

The unnamed mining company is based in Canada but has over 4,000 employees in multiple jurisdictions outside of the country.

Datametrex’s total gross sales from the purchase order will be approximately C$500,000, excluding shipping. The half-a-million-dollar order will buy the Canadian miner an initial 10,000 detection kits.

The detection kit units contain 10,000 three millilitre Universal Transport Medium Sterile Swabs. They also include Skirted Tubes with Plastic Red Capture Caps, and one Real-Time PCR Detection System machine, which can analyse swab samples for COVID-19.

Datametrex stated that it does not expect to incur any major upfront costs through the sale of the test kits. 

The company has already secured all the kits, swabs, tubes, and machines necessary to fill the order from the manufacturer. Datametrex has arranged for all of the items to be shipped directly from the manufacturer to the buyer.

The buyer will receive the COVID-19 test kits purchase order at its operating site in Africa.

Datametrex’s CEO, Marshall Gunter, is pleased the company is doing its part to combat the pandemic. 

“Datametrex is honoured to be assisting this Canadian company to protect and safeguard the health and welfare of their employees, local contractors, and the local population. 

“We are proud to be able to help Canadians and companies to reopen businesses around the world and to help people return to work safely. We sincerely wish them and all Canadian companies the best during this pandemic,” he said.

Datametrex (DM) is down 3.57 per cent and is trading for $0.14 per share at 11:35am EDT.

More From The Market Online
AI generated image of three men sitting around a table looking at stock charts

Buzz on the Bullboards: Markets recover after interest rate cut

Canadian and U.S. markets had their ups and downs, and three stocks have generated plenty of discussion on Stockhouse’s Bullboards.
Draganfly drone

Draganfly receives order for drones from U.S. Defense Department

Draganfly (CSE:DPRO) receives a purchase order for Commander 3XL and Flex FPV Drones to be deployed within the U.S. Department of Defense.