DelphX Capital Markets
Source: DelphX Capital Markets Inc.
  • DelphX Capital Markets Inc. (DELX) has closed a private placement for gross proceeds of $1,096,200
  • The company issued 4,982,727 units at a price of $0.22 per unit
  • Each unit consists of one common share of DelphX and one share purchase warrant
  • Each warrant entitles the holder to purchase one common share at a price of $0.35, for a period of two years
  • DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products
  • Shares of DelphX Capital Markets are up 22.727 per cent, trading at $0.27 at 10:52 AM ET

DelphX Capital Markets (DELX) has closed a private placement for gross proceeds of $1,096,200.

The company issued 4,982,727 units at a subscription price of $0.22 per unit.

Each unit consists of one common share of DelphX and one share purchase warrant.

Each warrant entitles the holder to purchase one common share at a price of $0.35, for a period of two years from the date of issue.

DelphX will pay cash finder’s fees of $46,144 and issue 209,745 finders’ warrants to eligible brokers. The finders’ warrants will be exercisable at $0.35 each for a period of two years.

DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products.

Shares of DelphX Capital Markets are up 22.727 per cent, trading at $0.27 at 10:52 AM ET.

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