DelphX Capital Markets
Source: DelphX Capital Markets Inc.
  • 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.


More From The Market Online

Odd Burger to add 40 locations in Florida

Odd Burger (TSXV:ODD) will develop 40 new locations in Florida over the next eight years, with its sights set on further U.S. expansion.

Rock Tech notches approvals for German lithium refinery

Rock Tech Lithium (TSXV:RKC) reveals it has received the full permits for its planned lithium refinery in Guben, Germany.

KWESST to provide situational awareness for the Canadian Red Cross

KWESST Micro Systems (TSXV:KWE) wins a contract to provide a situational awareness app to support the Canadian Red Cross.

Air Canada stock rises as service from Ottawa grows

Air Canada (TSX:AC) boosts its schedule serving Ottawa by almost 60 per cent with more flights across the nation.