DelphX announces $125,000 convertible debenture private placement

DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) announced a non-brokered convertible debenture private placement financing of $125,000 principal amount. The debenture carries an 8% annual interest rate, matures one year from issuance, and converts into up to 2.5 million common shares at $0.05 per share.

The offering requires TSX Venture Exchange approval. Securities issued will have a four-month plus one-day hold period from the issuance date. The company plans to use proceeds for working capital and corporate overhead expenses.

DelphX also disclosed details about its previous private placement that closed April 29, 2026. The company paid $3,500 in finder's fees and issued 87,500 finder's warrants. Each warrant allows the holder to purchase one common share at $0.08 per share until April 22, 2028.

The Toronto-based company develops structured products through its special purpose vehicle Quantem LLC, enabling broker dealers to offer private placement securities for fixed income and cryptocurrency solutions. DelphX creates collateralized put options and collateralized reference notes, which are held in custody by US Bank.

The securities have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption.

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