DELPHX ANNOUNCES CLOSING OF NON-BROKERED UNIT PRIVATE PLACEMENT

Group 1 - DelphX Capital Markets Inc. has closed a non-brokered private placement, issuing 4,100,000 units at a subscription price of C$0.05 per unit, resulting in gross proceeds of C$205,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with each warrant allowing the purchase of one common share at a price of $0.08 for two years from issuance [1] - The completion of 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 the issuance date [2] Group 2 - DelphX is focused on developing and distributing next-generation structured products, including collateralized put options (CPOs) and collateralized reference notes (CRNs) [3][5] - CPOs provide secured rating downgrade protection for underlying corporate bonds and protection from losses in cryptocurrency holdings [5] - CRNs allow investors to take on capped rating downgrade and/or cryptocurrency loss exposure in exchange for attractive returns [5]