DelphX Announces New Private Placement Offer

DelphX Capital Markets (TSE:DELX) has released an update.

DelphX Capital Markets Inc. is offering a non-brokered private placement of 2.625 million units at C$0.08 each, aiming to raise C$210,000. Investors get a common share and a warrant per unit, with the latter allowing purchase of a share at C$0.20 for five years. The funds raised will support general corporate purposes and the offering’s completion is contingent on TSX Venture Exchange approval.

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