Datametrex Receives Largest COVID-19 Test Kits Order to Date for $1.6M From a Canadian Mining Company
September 03 2020 - 10:32AM
Datametrex AI Limited (the
"
Company" or "
Datametrex")
(
TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to
announce the largest purchase order (the
"P.O.")
to date from a Canadian Mining Company (the
“Purchaser”) with operations worldwide. The P.O.
is for 50,000 1drop Inc. This P.O. is for their Peru and Surinam
mining operations. The total gross sales amount is approximately
$1.6M CAD, excluding shipping and courier fees. The P.O. is for
50,000 COVID-19 test kits manufactured by 1drop Inc.
Under the terms of the P.O., Datametrex will
provide the Purchaser with an initial 50,000 units of the COVID-19
qPCR Detection Kits manufactured by 1drop Inc.
("1drop"), 50,000 Universal Transport Medium
(UTM®), Sterile Swabs with 16x100mm and Skirted Tubes. The Company
is also shipping two (2) Real-Time Polymerase Chain Reaction
Detection System ("PCR") machines along with
software to ensure optimal assay performance of the samples, and
50,000 RNA extraction kits.
Datametrex anticipates that it has little or no
upfront costs associated with the sale of these test
kits. All of the items are shipped directly from
manufacturers to the purchaser's mine operating sites in Peru and
Surinam.
A publicly available survey provided by Statista
with sources from Johns Hopkins University (CSSE), World Bank, and
Insee, states that Peru is the most impacted country with the most
deaths per million (908.8 deaths per million, at the date of this
news release – source: https://bit.ly/3bikTRo). Also, Peru is the
number two copper producer in the world and with the mining
stoppages from the COVID-19 pandemic, combined with operational
issues, mine output has declined by 23% over the first five months,
with April and May registering declines of 33% and 41%,
respectively, as stated by the International Copper Study
Group recently reported – source: https://bit.ly/3i64Qc5
"Datametrex is glad to be able to help companies
in Peru deal with this urgent situation. Assisting with the
implementation of test kits is a fundamental response to the
pandemic, and those mining companies that have been able to test
more comprehensively have had greater success dealing with the
pandemic," says Marshall Gunter, CEO of the Company. "The reasoning
is simple: An individual who tests positive can be isolated until
they recover, and their contacts may be traced and similarly tested
and isolated, effectively reducing the rate of transmission. We
hope our technologies, combined with everyone’s efforts, contribute
to the mitigation of the spread in operational mining sites."
About Datametrex
Datametrex AI Limited is a technology-focused
company with exposure to Artificial Intelligence and Machine
Learning through its wholly owned subsidiary, Nexalogy
(www.nexalogy.com). Datametrex's mission is to provide tools that
support companies in fulfilling their operational Health and Safety
goals with predictive and preventive technologies. By working with
companies to set a new standard of protocols through Artificial
Intelligence and health diagnostics, the Company provides
progressive solutions to support the supply chain.
Additional information on Datametrex is
available at www.datametrex.com
For further information, please
contact:
Marshall Gunter – CEOPhone: (514) 295-2300Email:
mgunter@datametrex.com
Neither the TSX Venture Exchange nor it's
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Statements
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information" within the meaning of applicable securities
laws. All statements contained herein that are not clearly
historical in nature may constitute forward-looking information. In
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other factors, uncertainties and potential events carefully and not
to put undue reliance on forward-looking information. The
forward-looking information contained herein is made as of the date
of this press release and is based on the beliefs, estimates,
expectations and opinions of management on the date such
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obligation to update or revise any forward-looking information,
whether as a result of new information, estimates or opinions,
future events or results or otherwise or to explain any material
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