Source: DelphX Capital Markets Inc.
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  • DelphX Capital Markets (DELX) has closed a private placement for gross proceeds of $488,000
  • The company issued 5,422,221 units at $0.09 per unit
  • Each unit consists of one common share and one common share purchase warrant
  • DelphX is a technology and financial services company which develops and distributes the next generation of structured products
  • DelphX Capital Markets Inc. (DELX) opened trading at C$0.095 per share

DelphX Capital Markets (DELX) has closed its previously announced private placement for gross proceeds of $488,000.

The company issued 5,422,221 units at $0.09 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at $0.15 for a period of two years.

The company intends to use the net proceeds for working capital and general corporate purposes.

The securities issued are subject to a statutory hold period of four months.

DelphX is a technology and financial services company which develops and distributes the next generation of structured products.

DelphX Capital Markets Inc. (DELX) opened trading at C$0.095 per share.


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