DelphX Capital Markets (TSE:DELX) has released an update.
DelphX Capital Markets Inc. has successfully completed a private placement, raising C$400,000 through the sale of 5 million units at C$0.08 each, with each unit containing a common share and a purchase warrant. The company will utilize the net proceeds to launch their innovative Credit Rating Security product and for general corporate purposes. Insiders heavily subscribed to the offering, and the company paid finder’s fees to AlphaNorth Asset Management.
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