The Board of Datametrex AI Limited (TSXV:DM) announced the spin-off of 50% stake in Graph Blockchain Limited on January 4, 2018. Pursuant to the terms of the proposed spin-out, shareholders as of the record date will be entitled to receive one common share in the capital of Graph Blockchain for every twenty common shares of Datametrex AI held. It is anticipated that Datametrex will set a record date in the future.

Datametrex AI will spin out its joint venture entity Graph Blockchain Limited, together with all of its assets and liabilities as a separate operating entity to create a standalone publicly traded company. The proposed spin-out will be subject to regulatory approval, including the approval of the TSX Venture Exchange and the shareholders of Datametrex (if required).