DelphX Introduces Industry-First Credit Rating Security Product; Will Enable Bond Holders to Protect Against Rating Downgrades on Existing Bonds
Toronto, Ontario--(Newsfile Corp. - November 8, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products for the fixed income market, announced today the addition of a novel Credit Rating Security (CRS) product that will give bond holders and traders the ability to position against potential rating changes on existing bonds. This represents a very large market, as most institutional-quality bonds carry creditworthiness ratings ranging from AAA (strongest)...
2022-11-08 8:30 AM EST
DelphX Receives RTAS Letter from the National Association of Insurance Commissioners; Completes Important Regulatory Requirement; Company in Due Diligence with Leading Wall Street Dealers
Toronto, Ontario--(Newsfile Corp. - October 31, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products for the fixed income market, announced today that it has received an important Regulatory Treatment Analysis Service (RTAS) letter from the National Association of Insurance Commissioners (NAIC). The NAIC is the authoritative source for insurance industry information and provides data and other resources to support the efforts of regulators, insurers and researchers....
2022-10-31 9:00 AM EDT
DelphX Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - September 9, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") announced that its Board of Directors has approved the grant of 1,500,000 stock options (the "Options") to eligible participants under its stock option plan (the "Plan"). The options have a two-year maturity and are exercisable for common shares of DelphX at an exercise price of $0.25 per common share, all in accordance with the Plan. About DelphX: DelphX is a technology and...
2022-09-09 5:29 PM EDT
DelphX Secures CAD$675,600 Over-Subscribed Private Placement, Priced at a Premium to Market; New Funding Bolsters Balance Sheet Ahead of Planned Market Expansion
Toronto, Ontario--(Newsfile Corp. - August 25, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products for the fixed income market, announced today a non-brokered private placement of 4,825,715 units of the Company (the "Units"), at a premium to market subscription price of CAD$0.14 per Unit, for aggregate gross proceeds of approximately CAD$675,600 (the "Offering").Each Unit consists of one (1) common share of the Company (a "Common Share")...
2022-08-25 8:32 PM EDT
DelphX Announces Amicable Resolution of Issues with Larry Fondren
Toronto, Ontario--(Newsfile Corp. - July 12, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") is pleased to announce that it is again aligned with its founder and largest single stakeholder, Larry Fondren. All previous issues between DelphX and Mr. Fondren have been amicably resolved.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 fixed...
2022-07-12 8:00 AM EDT
DelphX Announces Closing of Previously Announced Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - May 27, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") announces further to its press release of May 11, 2022 that it has closed its previously announced private placement (the "Offering") of 4,982,727 units (the "Units") at a subscription price of C$0.22 per Unit, for gross proceeds of C$1,096,200. Each Unit consists of one common share ("Common Share") of DelphX and one share purchase warrant ("Warrant"). Each Warrant entitles the holder...
2022-05-27 1:09 PM EDT
DelphX Announces Non-Brokered Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - May 11, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") announces that it has closed a private placement (the "Offering") of 4,982,727 units (the "Units") at a subscription price of C$0.22 per Unit, for gross proceeds of C$1,096,200. Each Unit consists of one common share ("Common Share") of DelphX and one share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one Common Share at a price of $0.35, for...
2022-05-11 8:00 AM EDT
DelphX Announces Warrant Extension
Toronto, Ontario--(Newsfile Corp. - April 11, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") announces that it intends to seek approval of the TSX Venture Exchange to extend the exercise period of share purchase warrants.DelphX intends to extend the exercise period of a total of 8,116,500 share purchase warrants, currently exercisable at $0.30 per common share (collectively, the "Warrants"). The Warrants were issued pursuant to a private placement announced May 3, 2019. DelphX proposes to extend...
2022-04-11 9:57 AM EDT
DelphX Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - April 7, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") announced that its Board of Directors has approved the grant of 1,200,000 stock options (the "Options") to eligible participants under its stock option plan (the "Plan"). The Options have a two-year maturity and are exercisable for common shares of DelphX at an exercise price of $0.50 per common share, all in accordance with the Plan. About DelphXDelphX is a technology and financial...
2022-04-07 5:42 PM EDT
DelphX Announces License Agreement with Fintech Leader, Halo Investing, for Industry-First Platform
Toronto, Ontario--(Newsfile Corp. - March 23, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") is pleased to announce a license agreement with Chicago-based Halo Investing ("Halo") to develop and launch the DelphX structured products platform. Currently ranked among Fintech's fastest growing companies, Halo has created the first multi-issuer technology platform that enables registered investment advisors, banks and investment professionals to access structured products and other protective investment solutions that were previously unavailable to most investors.Under the licensing...
2022-03-23 8:53 AM EDT
DelphX Announces LPS Capital as Partner for Structured Products
Toronto, Ontario--(Newsfile Corp. - March 22, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") is pleased to announce an agreement with New York-based LPS Capital LLC ("LPS") under which LPS will work with DelphX to advance the proprietary DelphX Collateralized Put Options (CPOs) and Collateralized Reference Notes (CRNs) structured products. LPS (member FINRA/SIPC/NFA) works with a highly relevant list of clients, including banks, broker-dealers, trading firms, hedge funds, family offices, and insurance companies that are active in...
2022-03-22 10:05 AM EDT
DelphX Provides Industry Update and Product Launch Schedule
Toronto, Ontario--(Newsfile Corp. - February 14, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") is providing the following outlook on the structured products industry and the upcoming launch of its proprietary products to serve this multi-trillion-dollar space. Today's commentary is in response to significant recent activity in the global financial markets directly connected to the DelphX business model.Structured Products Industry OutlookDuring its multi-year platform development effort, DelphX has established working relationships with regulators, buy and sell-side participants,...
2022-02-14 8:00 AM EST
DelphX Signs Bank of New York Mellon as Custodian for New Structured Products Platform
Toronto, Ontario--(Newsfile Corp. - January 14, 2022) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") is pleased to announce that its Quantem Capital Corporation ("Quantem") subsidiary has entered into an agreement designating Bank of New York Mellon ("BNYM") as Collateral Account bank and Paying Agent for the new DelphX facility for the issuance of the DelphX proprietary structured products, CPO (Collateralized Put Options) and CRN (Collateralized Reference Notes). BNYM will serve as Issuing and Paying Agent, Registrar and...
2022-01-14 8:00 AM EST
DelphX Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - December 22, 2021) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") announced that its Board of Directors has approved the grant of 1,000,000 stock options (the "Options") to eligible participants under its stock option plan (the "Plan"). The options have a two-year maturity and are exercisable for common shares of DelphX at an exercise price of $0.50 per common share, all in accordance with the Plan. About DelphX: DelphX is a technology and...
2021-12-22 7:42 AM EST
DelphX Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - December 6, 2021) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") announced that its Board of Directors has approved the grant of 725,000 stock options (the "Options") to eligible participants under its stock option plan (the "Plan"). The options have a two-year maturity and are exercisable for common shares of DelphX at an exercise price of $0.50 per common share, all in accordance with the Plan. Subsequent to this grant, DelphX has 10,766,000...
2021-12-06 8:45 AM EST
DelphX Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - December 2, 2021) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") announced that its Board of Directors has approved the grant of 450,000 stock options (the "Options") to eligible participants under its stock option plan (the "Plan"). The options have a two-year maturity and are exercisable for common shares of DelphX at an exercise price of $0.50 per common share, all in accordance with the Plan.Subsequent to this grant, DelphX has 10,041,000 options...
2021-12-02 9:36 PM EST
DelphX Appoints Simon Selkrig as Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - November 3, 2021) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") is pleased to announce the appointment of financial industry veteran Simon Selkrig as Chief Financial Officer (CFO). Selkrig will report to DelphX CEO Patrick Wood and will oversee the Company's Accounting, Financial Planning and Analysis, Financial Reporting, Internal Audit, Payroll, Procurement, SEC Reporting, Tax and Treasury functions.Selkrig joins DelphX from Strategize Financial Modelling Inc., where he has been President since 2017 and a...
2021-11-03 5:12 PM EDT
DelphX Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - November 1, 2021) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") announced that its Board of Directors has approved the grant of 300,000 stock options (the "Options") to eligible participants under its stock option plan (the "Plan"). The options vest immediately, have a two-year maturity and are exercisable for common shares of DelphX at an exercise price of $0.50 per common share, all in accordance with the Plan.Subsequent to this grant, DelphX has...
2021-11-01 8:00 AM EDT
DelphX Appoints Salim Hasham to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - October 5, 2021) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") is pleased to announce the appointment of financial services veteran Salim Hasham to its Board of Directors. His appointment is subject to approval by the TSX Venture Exchange. He previously joined the Company's Strategic Advisory Board in June of 2021. This move is part of an ongoing effort to assemble a deep team of credit market and financial industry experts to spearhead the...
2021-10-05 8:00 AM EDT
DelphX Approved to Commence Trading on the OTCQB Market
Toronto, Ontario--(Newsfile Corp. - September 24, 2021) - DelphX Capital Markets Inc. (TSXV: DELX) ("DelphX" or the "Company") is pleased to announce that it has received approval from OTC Markets Group Inc. for trading on the OTCQB® Venture Market (the "OTCQB") as of the market open on September 24, 2021. The Company will trade under the symbol "DPXCF." The Shares will also continue to trade on the TSX Venture Exchange (the "TSXV") under the symbol "DELX."The OTCQB is the...
2021-09-24 8:00 AM EDT