Core Viewpoint - DelphX Capital Markets Inc. is proceeding with a non-brokered private placement of up to 5,000,000 units at a subscription price of C$0.05 per unit, aiming for gross proceeds of up to C$250,000 [1] Group 1: Offering Details - The Offering will consist of units that include one common share and one common share purchase warrant, with each warrant allowing the purchase of one common share at C$0.08 for two years [1] - DelphX may pay finder's fees to eligible finders in connection with the Offering, with details to be announced later [2] - The Offering is subject to approval from the TSX Venture Exchange and the securities will have a hold period of four months plus one day from issuance [2] Group 2: Use of Proceeds - The net proceeds from the Offering will be used for general corporate purposes [3] Group 3: Company Overview - DelphX is focused on developing and distributing next-generation structured products, including private placement securities that offer fixed-income and cryptocurrency-based solutions [4] - The company's proprietary securities include Collateralized Put Options (CPOs) and Collateralized Reference Notes (CRNs), which are fully collateralized and held in custody by U.S. Bank [4][7]
Delphx Announces Non-Brokered Private Placement
Globenewswire·2026-02-18 22:01