DelphX Provides Correction to Convertible Debenture Closing and Announces Non-Brokered Private Placement
Toronto, Ontario and New York, New York--(Newsfile Corp. - June 29, 2026) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") corrects its June 1, 2026 release regarding the closing of its convertible debenture financing. The subscriber reduced its commitment and the Company received aggregate gross proceeds of $35,000 rather than $125,000; the debenture was amended to $35,000 principal.
DelphX also announces a non-brokered private placement of up to 2,000,000 Units at C$0.02 per Unit for gross proceeds of up to C$40,000. Each Unit consists of one common share and one warrant exercisable at C$0.06 for two years.
Completion is subject to TSXV approval and applicable hold periods. Net proceeds are intended for working capital and corporate overhead.
About DelphX Capital Markets Inc.
DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products. Through its special purpose vehicle Quantem LLC, the Company enables broker dealers to offer new private placement securities that provide for both fixed income and cryptocurrency solutions. The new DelphX securities will enable dealers and their qualified institutional investors (QIBs) accounts to competitively structure, sell and make markets in:
- Collateralized put options (CPOs) that provide secured rating downgrade protection for underlying corporate bonds and/or protection from losses in cryptocurrency holdings;
- Collateralized reference notes (CRNs) that enable investors to take on a capped rating downgrade and/or cryptocurrency loss exposure of an underlying security or cryptocurrency in exchange for attractive returns.
All CPOs and CRNs are fully collateralized and held in custody by US Bank. CPOs and CRNs are proprietary products created and owned by DelphX Capital Markets.
For more information about DelphX, please visit www.delphx.com.
George Wentworth, General Manager
DelphX Capital Markets Inc.
george.wentworth@delphx.com
(718) 509-2160
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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