POWER OF ATTORNEY
DANIEL J. O'CONNOR

With respect to holdings of and transactions in securities
issued by DiaMedica Therapeutics Inc. (the Company), the
undersigned hereby constitutes and appoints each of the
individuals listed on Schedule A attached hereto and as
may be amended from time to time, or any of them acting
singly, and with full power of substitution and re-
substitution, as the undersigned's true and lawful attorney
in fact (each of such persons and their substitutes being
referred to herein as the Attorney-in-Fact), with full
power to act for the undersigned and in the undersigned's
name, place and stead, in any and all capacities, to:

1.  Prepare, execute, and submit to the United States
Securities and Exchange Commission (SEC) a Form ID, including
amendments thereto, and any other documents necessary or
appropriate to obtain codes and passwords enabling the
undersigned to make electronic filings with the SEC of
reports required or considered by the Attorney-in-Fact to
be advisable under Section 13 or Section 16 of the United
States Securities Exchange Act of 1934, as amended (the
Exchange Act), or any rule or regulation of the SEC,
including without limitation enrolling the undersigned in
the SEC's EDGAR Next system;

2.  Prepare, execute, and submit to the securities
regulatory authorities in each of the Canadian provinces
of Ontario, Manitoba, Quebec, Alberta and or British
Columbia (collectively, the Canadian Securities
Commissions) such forms, including amendments thereto,
and any other documents necessary or appropriate to obtain
codes and passwords enabling the undersigned to make
electronic filings with the Canadian Securities Commissions
of reports required or considered by the Attorney-in-Fact
to be advisable;

3.  Do and perform any and all acts for and on behalf of
the undersigned which may be necessary to prepare, execute
and submit to the SEC, Canadian Securities Commissions,
the Company and/or any national securities exchange or
its equivalent in Canada on which the Company's securities
are listed any and all reports the undersigned is required
to file with the SEC or the Canadian Securities Commissions,
or which the Attorney-in-Fact considers advisable to file
with the SEC, under Section 13 or Section 16 of the
Exchange Act or any rule or regulation thereunder, or under
Rule 144 (Rule 144) under the United States Securities Act
of 1933, as amended, and the rules and regulations
thereunder, with respect to any security of the Company,
including Forms 3, 4 and 5, Schedules 13D and 13G, and
Forms 144 (including any amendments thereto, the SEC
Filings) and any similar filings with the Canadian Securities
Commissions (including any amendments thereto, the Canadian
Filings);

4.  Obtain, as the undersigned's representative and on the
undersigned's behalf, information regarding transactions in
the Company's equity securities from any third party,
including the Company and any brokers, dealers, employee
benefit plan administrators and trustees, and the undersigned
hereby authorizes any such third party to release any such
information to the Attorney-in-Fact;

5.  Serve as the point of contact for the undersigned's SEC
EDGAR and EDGAR Next filing codes;

6.  Serve as the undersigned's account administrator on the
SEC's EDGAR Next platform, which responsibilities may include,
but are not limited to, managing and updating the undersigned's
account as needed, serving as a point of contact for the SEC
Staff, completing the undersigned's annual account confirmation
and authorizing and de-authorizing other account administrators,
users, delegated entities or technical administrators, which
may make SEC Filings on the undersigned's behalf, and similarly
serve as the undersigned's account administrator on the System
for Electronic Disclosure by Insiders (SEDI) and on the System
for Electronic Document Analysis and Retrieval (SEDAR+) of the
Canadian Securities Commissions; and

7.  Take any other action of any time whatsoever in connection
with the foregoing which, in the opinion of such Attorney-in-Fact,
may be of benefit to, in the best interest of, or legally required
by, the undersigned, it being understood that the documents
executed by such Attorney-in-Fact on behalf of the undersigned
pursuant to this Power of Attorney shall be in such form and
shall contain such terms and conditions as such Attorney-in-Fact
may approve in the discretion of such Attorney-in-Fact.

The undersigned acknowledges that:

a)  This Power of Attorney authorizes, but does not require,
the Attorney-in-Fact to act in his or her discretion on
information provided to such Attorney-in-Fact without
independent verification of such information;

b)  Any documents prepared or executed by the Attorney-in-Fact
on behalf of the undersigned pursuant to this Power of
Attorney will be in such form and will contain such
information as the Attorney-in-Fact, in his or her
discretion, deems necessary or desirable;

c)  Neither the Company nor the Attorney-in-Fact assumes
any liability for the undersigned's responsibility to comply
with the requirements of Section 13 or Section 16 of the
Exchange Act or Rule 144, any liability of the undersigned for
any failure to comply with such requirements, or any liability
of the undersigned for disgorgement of profits under Section
16(b) of the Exchange Act and applicable requirements under
Canadian law; and

d)  This Power of Attorney does not relieve the undersigned
from responsibility for compliance with the undersigned's
obligations under Section 13 or Section 16 of the Exchange Act,
including, without limitation, the reporting requirements under
Section 13 or Section 16 of the Exchange Act and any similar
applicable requirements under Canadian law.

The undersigned hereby grants to the Attorney-in-Fact full
power and authority to do and perform each and every act and
thing whatsoever requisite, necessary or advisable to be
done in the exercise of any of the rights and powers herein
granted, as fully, to all intents and purposes, as the
undersigned might or could do in person, with full power
of substitution and re-substitution or revocation, hereby
ratifying and confirming all that such Attorney-in-Fact,
or such Attorney-in-Fact's substitute or substitutes,
shall lawfully do or cause to be done by virtue of this
Power of Attorney and the rights and powers herein granted.

This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file SEC
Filings or Canadian Filings with respect to the undersigned's
holdings of and transactions in securities of the Company,
unless earlier revoked by the undersigned in a signed writing
delivered to the Attorney-in-Fact.

IN WITNESS WHEREOF, the undersigned has executed this Power
of Attorney as of this 20th day of February, 2025.


/s/ Daniel J. O'Connor
DANIEL J. O'CONNOR

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Shedule A

Individuals Appointed as Attorney-in-Fact with Full
Power of Substitution and Re-substitution

1.  Rick Pauls, President and Chief Executive Officer
of the Company

2.  Scott Kellen, Chief Financial Officer and
Secretary of the Company

3.  Amy Culbert, Fox Rothschild LLP

4.  Emily Humbert, Fox Rothschild LLP

5.  Deanna Counsell, Fox Rothschild LLP

6.  Keith Inman, Pushor Mitchell LLP

7.  Coral Deacon, Pushor Mitchell LLP