Datametrex AI Limited (TSXV: DM) is in the business of recurring sales evidently. The company announced this morning that it has completed shipment of a second $500,000 purchase order to an undisclosed Canadian mining giant, demonstrating recurring demand for COVID-19 test kits within the mining industry.
The gross sales figure for the second purchase order came in at $0.5 million, before any applicable shipping fees. The purchase order saw the sale of 10,000 units of the COVID-19 qPCR Detection Kits manufactured by 1drop Inc. Additionally, an equal amount of sterile swabs and two real time PCR detection system machines were also sold to the client along with accompanying software.
Datametrex is proud of being at the forefront of COVID-19 testing technologies and is pleased to facilitate solutions to help contain the spread and a potential resurgence of the virus. We want to help companies in the process of curtailing the second wave threatening society and the global economy.
Marshall Gunter, CEO
The sale to the mining firm follows a series of prior transactions conducted by the company for the sale of test kits, with prior purchase orders including a $500,000 sale to a mining operator in South Africa, a $450,000 sale to a Canadian miner, and the sale of 2,000 test kits to a Quebec-based mine operator. Datametrex also recently acquired the rights to sell a home-based test kit, which it is currently looking to secure orders for through numerous state organizations.
Sponsored · Granada Gold Mine Inc.
Datametrex AI last traded at $0.10 on the TSX Venture.
FULL DISCLOSURE: DataMetrex AI Limited is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover DataMetrex AI Limited on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
