DelphX Capital Markets updates on C$85,000 private placement at C$0.01 per unit

Reuters2026/08/24 20:38

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DelphX clarified two private placements, raising gross proceeds of C$125,000 through unit issuances closed June 30, 2026 and Aug. 5, 2026.
June 30 financing issued 2,000,000 units at C$0.02; each unit includes one share and one warrant.
Aug. 5 financing issued 8,500,000 units at C$0.01; each warrant exercisable at C$0.06 for two years.
An insider bought 1,500,000 units in the Aug. 5 placement, making it a related-party transaction under MI 61-101.
Second placement included C$700 finder’s fees, 70,000 finder’s warrants; proceeds earmarked for general corporate purposes and working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DelphX Capital Markets Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608241637NEWSFILECNPR____20260824_311236_1) on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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DelphX Capital Markets updates on C$85,000 private placement at C$0.01 per unit

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