DelphX Closes Additional Units in Over-Subscribed Non-Brokered Unit Private Placement

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DelphX Closes Additional Units in Over-Subscribed Non-Brokered Unit Private Placement

, MT Newswires - 1:12 PM ET 3/24/2025 default

01:12 PM EDT, 03/24/2025 (MT Newswires) -- DelphX Capital Markets ( DPXCF ) on Monday said it issued an additional 714,286 units at $0.07 apiece, for additional proceeds of $50,000, to its previously announced non-brokered private placement.

The company said completion of the additional issuance will result in DelphX having issued an aggregate of 7.3-million units.

Each unit consists of one share and a five-year warrant to buy a second share for $0.08.

DelphX intends to use proceeds for general corporate purposes.

Shares of the company were last seen unchanged at $0.08 on the TSX Venture Exchange.

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