- Datametrex AI (TSXV:DM) has received a purchase order for 20,000 COVID-19 test kits from an unnamed Canadian mining company
- The purchase order, worth C$850,000, is for one of the company’s mining operations in Latin America
- The South American continent has been devastated by the COVID-19 pandemic, with over two million confirmed cases
- The company expects to deliver the purchase order directly to the operating site in Latin America in mid-July
- Datametrex AI (DM) remains unchanged and is currently trading at 10 cents per share
Datametrex AI (TSXV:DM) has received a purchase order for 20,000 COVID-19 test kits from an unnamed Canadian mining company.
The buyer, which has operations worldwide, has made the order for one of its mining operations in Latin America.
Countries within the South American continent have been devastated by the impacts of the ongoing COVID-19 pandemic. On May 22, the World Health Organisation declared that the continent was the new epicentre of the international health crisis.
As of June 26, 2020, South America has over 2 million confirmed cases of COVID-19, and over 81,000 fatalities. Due to a lack of testing and medical facilities, the reality is likely to be worse than current numbers suggest.
In addition, those who have not contracted the disease have still been impacted by the virus’ other devastating side-effects. These include rapid rises in unemployment, and further exacerbation of already widespread poverty.
The Canada-based mining company has paid Datametrex C$850,000 for the order of COVID-19 test kits. This amount does not include shipping and courier fees.
The purchase order includes 20,000 units of COVID-19 qPCR Detection Kits, 20,000 sterile swabs, and two PCR Detection System machines. These will be accompanied by software to ensure optimal assay performance of the samples.
Datametrex has already secured all testing kits, swabs, tubes, and machines necessary to fulfil the order. The company expects to deliver the order directly to the buyer at its operating site in Latin America, by mid-July.
The company’s CEO, Marshall Gunter, commented on Datametrex AI’s contributions to the fight against COVID-19.
“Datametrex is assisting with the implementing of test kits, as it is a fundamental response to the pandemic, and those mining companies that have been able to test more comprehensively have had greater success.
“The reasoning is simple: An individual who tests positive can be isolated until they recover, and their contacts may be traced and similarly tested and isolated, effectively reducing the rate of transmission,” he said.
Datametrex AI (DM) remains unchanged and is trading at 10 cents per share at 1:55pm EDT.