DelphX Capital Markets Inc. Announces Issuance of Common Shares

Toronto, Ontario–(Newsfile Corp. – November 27, 2024) – DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) (“DelphX” or the “Company”), a leader in the development of new classes of structured products for the fixed income market, has announced that they will issue 428,571 common shares (the “Common Shares”) to a consultant in satisfaction of a C$60,000 fee for services related to refining the pricing model for the Company’s Credit Rating Security (“CRS”) product.

In addition to refining the pricing model for CRS, the consultant will be assisting in preparing presentations and materials for users of the product, as well as helping with the negotiation of terms and conditions with broker dealers on pricing. The Common Shares will be issued at a deemed price of $0.14 per share, based on the closing price of the Common Shares on the TSX Venture Exchange on October 30, 2024.

This move demonstrates DelphX’s commitment to improving their structured products and ensuring that they are meeting the needs of their users in the fixed income market. By working with a consultant to refine their pricing model and create informative materials, DelphX is taking steps to enhance the user experience and make their products more accessible and user-friendly.

How This Will Affect Me

As a user of DelphX’s structured products, this announcement means that you can expect to see improvements in the pricing model for the CRS product, as well as more informative materials to help you better understand and utilize the product. This could potentially lead to a more streamlined and efficient experience for users, making it easier to navigate and take advantage of the benefits offered by DelphX’s products.

How This Will Affect the World

DelphX’s efforts to refine their structured products and improve user experience could have a ripple effect in the fixed income market. By setting a precedent for user-focused enhancements and improvements, DelphX is helping to raise the standard for structured products industry-wide. This could lead to greater innovation, competition, and ultimately benefit investors and market participants around the world.

Conclusion

The issuance of common shares by DelphX to a consultant in exchange for services related to their CRS product is a strategic move that demonstrates the company’s dedication to improving their structured products and enhancing user experience. By refining their pricing model and providing more informative materials, DelphX is setting a positive example for the industry and paving the way for potential advancements in the fixed income market.