DelphX completes C$75,000 private placement offering

DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) closed a non-brokered private placement on October 8, 2025, issuing 1,500,000 units at C$0.05 per unit for gross proceeds of C$75,000.

Each unit consists of one common share and one warrant. The warrants allow holders to purchase one common share at $0.08 within two years of issuance.

An insider purchased 1,000,000 units in the offering, making it a related party transaction under Multilateral Instrument 61-101. DelphX relied on exemptions from formal valuation and minority approval requirements since the transaction value did not exceed 25% of the company's market capitalization.

The company will pay cash finder's fees of $3,500 and issue 70,000 finder's warrants to AlphaNorth Asset Management. The finder's warrants are exercisable at $0.08 each for two years.

The offering requires approval from the TSX Venture Exchange. Securities issued will be subject to a four-month-plus-one-day hold period from the issuance date.

DelphX plans to use net proceeds for general corporate purposes. The Toronto-based company develops structured products and operates through its special purpose vehicle Quantem LLC to enable broker dealers to offer private placement securities for fixed income and cryptocurrency solutions.

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