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Acquisition of Control and Direction Over Certain Common Shares of Datametrex AI Limited

TORONTO, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Andrew Ryu (“Ryu”), Chief Executive Officer of Datametrex AI Limited (TSXV: DM, FSE: D4G) (“DM”), announced that he acquired control and direction of 640,650 common shares (“Common Shares”) of DM on August 9, 2018 which represents approximately 0.32% of the then issued and outstanding common shares of DM (the “Transaction”).  Immediately following the completion of the Transaction, Ryu owned and controlled 20,441,650 Common Shares, representing approximately 10.2% of the issued and outstanding common shares of DM.  The Transaction was made through a private arrangement.

Ryu acquired control of the Common Shares to consolidate his shareholdings with his spouse for investment purposes. However, Ryu will review his holdings from time to time and may increase or decrease his holdings as future circumstances may dictate. 

The information herein has not been approved or disapproved by regulatory authorities.

For further information, contact:

Andrew Ryu
2161 Yonge Street
Suite 210
Toronto, Ontario
M4S 3A6