DelphX Capital Markets (TSE:DELX) has released an update.
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DelphX Capital Markets Inc. is set to raise C$500,000 through a non-brokered private placement of over 4 million units, aimed at advancing the company’s structured product offerings in the fixed income market. Each unit, priced at C$0.12, comprises a share and a five-year warrant, with the latter allowing the purchase of an additional share at C$0.25. The funds are earmarked for general corporate purposes, following necessary approvals and a four-month holding period.
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