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DelphX announces non-brokered unit private placement

  • DelphX Capital Markets (TSXV:DELX:CA) said on Friday that it intends to proceed with a fully subscribed non-brokered private placement of 2.9M units at a subscription price of C$0.12 per unit, for gross proceeds of C$348,100.
  • Each Warrant will entitle the holder to purchase one Common Share at a price of $0.20, for a period of five years from the date of issuance.
  • DelphX intends to use the net proceeds from the Offering in connection with general corporate purposes.
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