Datametrex AI Limited Announces Acquisition of Arbutus Health and Wellness Inc.
Toronto, Ontario – April 1, 2025 – Datametrex AI Limited (Datametrex or the “Company”) (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is thrilled to announce the signing of a non-binding Letter of Intent (LOI) to acquire Arbutus Health and Wellness Inc. (Arbutus Health), a multidisciplinary medical clinic located in Vancouver, Canada. The LOI was signed on March 20, 2025.
Terms of the Acquisition
Under the terms of the acquisition, Datametrex has agreed to acquire Arbutus Health for a Purchase Price of up to $1.1 million. This amount will be satisfied through the issuance of an aggregate of common shares in the capital of Datametrex, priced at $0.10 per share.
Arbutus Health: A Multidisciplinary Medical Clinic
Arbutus Health is a reputable medical clinic that offers various services, including chiropractic care, massage therapy, physiotherapy, acupuncture, and naturopathy. The clinic’s team consists of experienced healthcare professionals dedicated to providing personalized and comprehensive care to their patients.
Impact on Datametrex
The acquisition of Arbutus Health is expected to provide Datametrex with several benefits. Firstly, it will expand the Company’s footprint in the healthcare sector, increasing its presence in the Canadian market. Secondly, it will add to Datametrex’s revenue stream through the clinic’s existing patient base and services. Lastly, it will provide the Company with an opportunity to integrate its AI and machine learning solutions into Arbutus Health’s operations, enhancing patient care and improving overall efficiency.
Impact on the World
The acquisition of Arbutus Health by Datametrex is a positive step towards the integration of technology in healthcare services. With the increasing demand for personalized and efficient healthcare solutions, the adoption of AI and machine learning technologies can significantly improve patient care and streamline operations. This acquisition also emphasizes the growing trend of mergers and acquisitions in the healthcare sector, as companies seek to expand their offerings and reach new markets.
Conclusion
Datametrex AI Limited’s acquisition of Arbutus Health and Wellness Inc. marks an exciting milestone for the Company, as it expands its presence in the healthcare sector and integrates AI and machine learning technologies into a reputable medical clinic. This move is expected to provide several benefits to Datametrex, including increased revenue, enhanced patient care, and improved operational efficiency. Additionally, it highlights the importance of technology in healthcare services and the growing trend of mergers and acquisitions in the industry.
- Datametrex AI Limited has signed a non-binding LOI to acquire Arbutus Health and Wellness Inc., a multidisciplinary medical clinic in Vancouver, Canada.
- The acquisition is expected to cost up to $1.1 million, satisfied through the issuance of Datametrex common shares at $0.10 per share.
- Arbutus Health offers various services, including chiropractic care, massage therapy, physiotherapy, acupuncture, and naturopathy, with a team of experienced healthcare professionals.
- The acquisition will expand Datametrex’s footprint in the healthcare sector, add to its revenue stream, and provide an opportunity to integrate AI and machine learning solutions into Arbutus Health’s operations.
- The adoption of technology in healthcare services is becoming increasingly important, with the demand for personalized and efficient solutions growing.
- The acquisition highlights the trend of mergers and acquisitions in the healthcare sector as companies seek to expand their offerings and reach new markets.
