Announcement • May 22
DMT Digital Corp. completed the acquisition of Hydaway Ventures Corp. (TSXV:HIDE.P) in a reverse merger transaction. DMT Digital Corp. entered into an agreement to acquire Hydaway Ventures Corp. (TSXV:HIDE.P) for CAD 1.7 million in a reverse merger transaction on August 30, 2024. DMT shareholder will receive 1 Hydaway shares for each common shares held. The total common shares issued rely on assumption that there are between 15,250,000 and 20,250,000 DMT Shares. In connection with the Acquisition, Hydaway proposes to appoint Karl Kottmeier, the Chief Executive Officer and a director of DMT, as the Chief Executive Officer and a director of Hydaway, Natasha Tsai, the Chief Financial Officer of DMT, as the Chief Financial Officer and Corporate Secretary of Hydaway and Christian Vassos as the Chief Technology Officer of Hydaway. Robin Gamley and Michael Leo are proposed to continue as directors of Hydaway. The transaction is subject to the consummation of private placement, regulatory approvals and approval of DMT shareholders. As of March 17, 2025, Hydaway Ventures received conditional acceptance from the TSX Venture Exchange for the closing of the transaction. Endeavor Trust Corporation acted as transfer agent to Hydaway Ventures.
DMT Digital Corp. completed the acquisition of Hydaway Ventures Corp. (TSXV:HIDE.P) in a reverse merger transaction on May 21, 2025. In consideration of DMT, each holder of the common shares of DMT (a “DMT Shareholder”) received one (1) Common Share for every one (1) DMT Share held, and the DMT Shareholders received an aggregate of 15,250,000 Common Shares. The Company completed a concurrent private placement (the “Concurrent Private Placement”) of 5,130,000 Common Shares at a price of CAD 0.10 per Common Share for aggregate gross proceeds of CAD 513,000. The Company changed its name to “Hydaway Digital Corp.”
The Company appointed Karl Kottmeier, the Chief Executive Officer and a director of DMT, as the Chief Executive Officer and a director of the Company, Natasha Tsai, the Chief Financial Officer of DMT, as the Chief Financial Officer and Corporate Secretary of the Company and Christian Vassos as the Chief Technology Officer of the Company. Robin Gamley resigned as the Chief Executive Officer, Chief Financial Officer and Corporate Secretary of the Company and Gregory Bronson resigned as a director of the Company. Robin Gamley and Michael Leo continued as directors of the Company.
Final acceptance by the Exchange of the Qualifying Transaction will occur upon issuance of the Qualifying Transaction’s final bulletin (the “Final Bulletin”). Subject to issuance of the Final Bulletin, trading in the common shares of the Company (the “Common Shares”) is expected to begin on the Exchange under the Company’s new name “Hydaway Digital Corp.” and new trading symbol “HIDE” at the opening of markets on or about May 23, 2025. Shareholders of the Company are not required to take any action with respect to the name change and are not required to exchange their existing share certificates for new certificates bearing the Company's new name. Announcement • Sep 06
DMT Digital Corp., entered into an agreement to acquire Hydaway Ventures Corp. (TSXV:HIDE.P) for CAD 2.2 million in a reverse merger transaction. DMT Digital Corp. entered into an agreement to acquire Hydaway Ventures Corp. (TSXV:HIDE.P) for CAD 2.2 million in a reverse merger transaction on August 30, 2024. DMT shareholder will receive 1 Hydaway shares for each common shares held. The total common shares issued rely on assumption that there are between 15,250,000 and 20,250,000 DMT Shares. The transaction is subject to the consummation of private placement, regulatory approvals and approval of DMT shareholders. Announcement • Sep 05
Hydaway Ventures Corp. announced that it expects to receive $1 million in funding Hydaway Ventures Corp. announced a concurrent private placement that it will issue a minimum of 5,000,000 Common Shares and a maximum of 10,000,000 Common Shares at a price of $0.10 per Common Share for aggregate gross proceeds of a minimum of $500,000 and a maximum of $1,000,000 on September 4, 2024. Subject to exchange approval, the Company may pay a finder’s fee in cash, Common Shares and/or Common Share purchase warrants in connection with the Concurrent Private Placement.