Datametrex Completes Acquisition of Arbutus Health

Datametrex AI Limited has finalized the acquisition of Arbutus Health and Wellness Inc., a medical clinic located in Vancouver. This move, completed via a share exchange agreement, grants Datametrex full ownership of Arbutus, now its wholly-owned subsidiary. The acquisition involved issuing 11,000,000 common shares of Datametrex at a value of $0.10 each. This transaction does not alter the company's core business operations or control structure.

Arbutus Health provides multidisciplinary services, including walk-ins, family medicine, and skin laser treatments, aimed at streamlining healthcare access. Datametrex CEO Paul Haber expressed enthusiasm for integrating Arbutus into their operations, noting the strategic expansion into healthcare services. The issuance of shares is pending regulatory approvals.