DelphX Provides Update to Closing of Private Placements

Toronto, Ontario--(Newsfile Corp. - August 24, 2026) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") provides clarification regarding two separate private placements.

The first private placement closed June 30, 2026, issuing 2,000,000 Units at C$0.02 per Unit for gross proceeds of C$40,000. Each Unit includes one common share and one warrant exercisable at C$0.06 for two years.

The second private placement closed August 5, 2026, issuing 8,500,000 Units at C$0.01 per Unit for gross proceeds of C$85,000. DelphX paid $700 in cash finder's fees and issued 70,000 finder's warrants to Canaccord Genuity ITF Rick Langer, exercisable at C$0.06 for two years.

Net proceeds were used for general corporate and working capital purposes. Final TSXV acceptance remains subject to approval and the securities are subject to applicable hold periods.

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.