- 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.