DelphX Announces Closing of Non-Brokered Unit Private Placement
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DelphX Capital Markets Inc. has completed a non-brokered private placement, issuing 6,562,142 units at C$0.07 per unit, raising gross proceeds of C$459,350. Insiders participated by subscribing 1,545,000 units, making it a related party transaction. The company will use proceeds for general corporate purposes.
March 21, 2025 | 9:30 pm
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POSITIVE IMPACT
The private placement provides additional capital for DelphX's corporate activities and demonstrates insider confidence in the company's strategy.
Insider participation and successful fundraising suggest positive momentum for the company's financial position and future plans.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100