DelphX closes convertible debenture
Analysis based on 10 articles · First reported May 26, 2026 · Last updated Jun 01, 2026
The successful closing of the convertible debenture private placement by DelphX Capital Markets provides capital for its operations, which could positively impact its stock price. The financing supports the development and distribution of its structured products, potentially increasing its market presence.
DelphX Capital Markets announced the closing of a non-brokered convertible debenture private placement financing, raising $125,000. The debenture bears an 8% annual interest rate, matures on May 29, 2027, and is convertible into 2,500,000 common shares at $0.05 per share. The proceeds will be used for working capital and corporate overhead. This offering is subject to the final approval of the TSX Venture Exchange. DelphX Capital Markets also clarified finder's fees and warrants paid for a previous private placement.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard