ScreenPro Security Inc. (CNSX:SCRN) entered into a non-binding letter of intent to acquire Concierge Medical Consultant Inc. from Datametrex AI Limited (TSXV:DM) for CAD 0.7 million on November 1, 2021. The Purchase Price shall be satisfied through the issuance of 36 million common shares of ScreenPro Security Inc. On closing of the Transaction, Concierge will become a wholly owned subsidiary of ScreenPro Security Inc. and ScreenPro Security Inc. will not assume any debt of the Concierge. The Transaction is subject, among other things, to the completion of satisfactory due diligence and the parties successfully entering into a definitive agreement in respect of the Transaction, by no later than November 30, 2021, or such other date as ScreenPro Security Inc. and Datametrex AI Limited may mutually agree. The closing of the Transaction and the issuance of the Consideration Shares shall be subject to regulatory approvals including by the Canadian Securities Exchange and may be subject to statutory hold periods under applicable securities law.

ScreenPro Security Inc. (CNSX:SCRN) completed the acquisition of Concierge Medical Consultant Inc. from Datametrex AI Limited (TSXV:DM) on November 15, 2021. The transaction was concluded pursuant to a share purchase agreement dated November 15, 2021. The ScreenPro has appointed Dr. Jibran Sharif and Ms. Lena Kozovski as the new board of the directors of Concierge, and Dr. Sharif remains as the President of Concierge following the closing of the Transaction. In addition to his role as President of Concierge, Dr. Jibran Sharif has become the Chief Medical Officer of ScreenPro.