Digital Asset Technologies Announces Settlement Agreement with Former Auditor

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article content– NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES –Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentVANCOUVER, BC, March 13, 2026 (GLOBE NEWSWIRE) — Digital Asset Technologies Inc. (CSE: DATT) (OTCPK: DGTEF) (FSE: 988) (“DATT” or the “Company”), a technology focused investment issuer, announces that it has entered into a settlement agreement (the “Agreement”) with its former auditor (the “Auditor”) for settlement and termination of a Notice of Civil Claim filed by the Auditor in the Supreme Court of British Columbia (the “Claim”).Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentPursuant to the Agreement, the Company will pay the Auditor $65,000 in cash, payable in five equal instalments of $13,000 each, and will issue 1,917,967 common shares of the Company (the “Settlement Shares”) at a deemed price of $0.02 per Settlement Share, as approved by the Canadian Securities Exchange (the “CSE”), representing an aggregate value of approximately $38,359.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentThe Settlement Shares will be subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with applicable securities legislation and the policies of the CSE.Article contentThe Agreement contains standard confidentiality provisions and does not include any admission of liability or fault by either party. The Agreement resolves all claims asserted in or arising from the Claim. No further details regarding the settlement will be disclosed.Article contentThe Agreement and the issuance of the Settlement Shares are subject to certain conditions, including receipt of all necessary corporate and regulatory approvals, including approval from the CSE.Article contentAbout Digital Asset Technologies Inc.Article contentArticle contentDigital Asset Technologies Inc. (CSE: DATT) is a publicly traded investment issuer focused on identifying and making equity investments in global companies that are developing and commercializing technology.Article contentContact:Geoff Balderson, CFOEmail: info@datech.ca Website: https://www.datech.caArticle contentThe Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.Article contentCautionary Note Regarding Forward Looking StatementsArticle contentThis press release contains “forward-looking information” within the meaning of applicable securities legislation, which is subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are based on management’s best judgment and the information currently available, and are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such statements. No securities regulatory authority has approved or disapproved the contents of this news release. The Company undertakes no obligation to update or otherwise revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable lawArticle contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Bank of Canada more likely to cut than hike after 'brutal' jobs report, say economists Economy Canadians’ average wealth hit $1.07 million, but what’s driving net worth depends on your age, province and bracket Wealth Garry Marr: The pros and cons of doling out inheritance with a warm hand Family Finance Posthaste: Oil supply shock could force the Bank of Canada's hand yet News This TSX stock has 30% upside on the company's $11 billion project backlog, analyst says Investor Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Bank of Canada more likely to cut than hike after 'brutal' jobs report, say economists Economy Canadians’ average wealth hit $1.07 million, but what’s driving net worth depends on your age, province and bracket Wealth Garry Marr: The pros and cons of doling out inheritance with a warm hand Family Finance Posthaste: Oil supply shock could force the Bank of Canada's hand yet News This TSX stock has 30% upside on the company's $11 billion project backlog, analyst says Investor