-- DelphX Capital Markets (DELX.V) closed its non-brokered private placement previously announced on April 22, 2026, issuing 3 million units at a subscription price of C$0.04 each, for gross proceeds of C$120,000, the company said on Wednesday.
Each unit consists of a share and a warrant. Each warrant entitles the holder to purchase one share at a price of $0.08, for a period of two years from the date of issuance, said the company.
The company plans to use the net proceeds in connection with working capital/corporate overhead.
Completion of the offering is subject to the approval of the TSX Venture Exchange, added the company.
The company's shares were last seen up $0.005 at $0.03 on the TSX Venture Exchange.