On January 25, 2019, Datametrex AI Limited (TSXV:DM) closed the transaction. The company issued 22,044,000 units for gross proceeds of CAD 1,102,200 in the transaction. The company intended to increase the size of the transaction by up to 20% an additional 6,000,000 units for an aggregate of 36,000,000 units before closing the transaction. The securities issued in connection with the completion of the transaction, including the finder’s warrants, are subject to a statutory hold period of four month ending on May 26, 2019. The transaction included participation from from 18 placees including certain insiders for 10,900,000 units for aggregate gross proceeds of CAD 545,000 which included 6,000,000 units for proceeds of CAD 300,000 from Andrew Ryu, chief executive officer of the company and 2,400,000 units for proceeds CAD 120,000 from Jeffrey Stevens, president and chief operations officer of the company.