Toronto, Ontario–(Newsfile Corp. – November 14, 2023) – Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT50) (“GBLC” or “Graph Blockchain” or the “Company”) is pleased to announce that the Company signed, effective November 13, 2023, a definitive agreement to acquire DataMetrex Electric Vehicle Solutions Inc. (“DM EVS”) from Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (“Datametrex”).
Closing of the proposed transaction is subject to a number of conditions including regulatory approvals, including acceptance by CSE and TSXV as required, board approvals and completion of satisfactory due diligence.
The proposed acquisition serves as a pivotal step in Graph Blockchain’s plan to enhance its portfolio with a focus on environmentally sustainable solutions. The Company views the integration of DM EVS as an opportunity to establish a significant footprint in the EV space, complementing its existing blockchain…
