DelphX Announces Non-Brokered Unit Private Placement
In connection with the Offering, DelphX will pay cash finder's fees and issue finders' warrants (the "Finders' Warrants") to eligible finders. The Finders' Warrants will be exercisable at $0.20 each for a period of five years after issuance.
Completion of the Offering is subject to the approval of the TSX Venture Exchange. The securities issued pursuant to the Offering will be subject to a hold period of four months plus one day from the date of issuance. DelphX insiders may participate in the Offering, subject to compliance with DelphX's insider trading policy.
DelphX intends to use the net proceeds from the Offering in connection with general corporate purposes.
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 income dealers to offer new private placement securities that provide mitigation of spread and capital charge losses when downgrades occur, while allowing for attractive returns. 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;
Collateralized reference notes (CRNs) that enable investors to take on a capped rating downgrade exposure of an underlying security 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 ManagerDelphX 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253081
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Vystar Launches New Website and Unveils Brand Refresh www.vytex.com
Boston, MA, July 16, 2025 (GLOBE NEWSWIRE) -- Vystar® Corporation (OTCQB: VYST) Vytex manufacturer Vystar has today launched a newly-redesigned website to work alongside the new brand refresh and overall digital strategy. The completely redesigned site has a clean, responsive design and improved navigation, bringing a new look and feel to the company whilst still injecting their core values. Vystar Corporation CEO, Jamie Rotman stated: 'We're excited to further engage with our customers and improve the consumer experience as they interact with our company. Our new revitalized website includes a new design that better reflects our evolution over the last several years and who we are today. We're constantly working on new technologies to enhance the entire sleep journey and we believe our new website reflects that.' Vytex® is the healthiest, purest and topper and pillow material offering the ultimate in comfort and durability features: Retains bouncy resilience for decades vs 3–6-year lifespan of other foam toppers and pillows Provides full body support while easing pressure points: Buoyantly floats your body for easy movement, eliminating saggy, overly soft spots Has 99.8% of proteins and impurities removed to be virtually allergen-free Vytex deproteinization process creates a stronger, more durable foam Breathability ensures sweat-free comfort, resists moisture absorption and bacteria Naturally repels bedbugs and dust mites Isolates movement from others for a more restful, uninterrupted sleep. Won't discolor like petrochemical based memory foam or polyurethane foam Vytex's Environmentally-friendly features: Sustainably produced and 100% biodegradable, Eco-friendly – uses less water and chemicals during manufacture. Free of traditional latex odor without other foams' masking fragrances Free of VOCs, phthalates and BPA common to petrochemical foams Naturally brighter and whiter latex – no dyes or bleaching needed 'After decades in the furniture business, I can confidently state that Vytex is far superior to memory foam, polyurethane and traditional latex foam for mattress toppers,' noted Jamie Rotman, CEO of Vystar. 'Memory foams have harmful off-gassing, and absorb body heat and moisture, creating a petri dish of bacteria and smells. Vytex retains its resilience and bright clean white color for decades of use, long after other foams lose their buoyancy and support capability -- often within the first year. You simply can't beat Vytex for comfort, durability, eco-friendliness and long-term value. The Vytex topper is the perfect solution for consumers who want to make their mattresses more luxurious and comfortable or get a few more years use from their too firm or too saggy mattress – all for a very nominal cost.' Vytex is currently used in multiple mattress lines, toppers, industrial adhesives, apparel padding and threads, shoes, sports equipment and electrical gloves. Vystar continues development of new Vytex formulations and is seeking additional manufacturing and development partners for numerous products including condoms, clothing, medical supplies, household products, sports equipment, shoes/sneakers, and industrial products. About Vystar Corporation: Based in Worcester, Mass., Vystar® Corp. (OTCQB: VYST) is the owner of RxAir® UV light air purification products that destroy harmful airborne viruses and pathogens, Vytex® Natural Rubber Latex (NRL), and Fluid Energy Solutions. Vytex is a multi-patented, all-natural, raw material that contains significantly reduced levels of the proteins found in natural rubber latex for a stronger, more durable, yet environmentally safe, "green" and fully biodegradable product that can be used in a broad range of consumer and medical products. For more information, visit Forward-looking Statements: Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of VYST officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future VYST actions, product development and delivery, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and VYST has no specific intention to update these statements. Follow us on social media:Twitter: @VystarCompany @vytex Contacts:VystarMedia & Investors: Jamie Rotman, jrotman@ Distributor Opportunities: info@ Investors or To Partner with Vystar, Company Phone Number: (508) 791-9114 For information on FEC partnerships, contact info@ or 508-791-9114
Yahoo
2 hours ago
- Yahoo
C-COM Reports Second Quarter 2025 Results
Ottawa, Ontario--(Newsfile Corp. - July 16, 2025) - C-COM Satellite Systems Inc., (TSXV: CMI) (OTCQB: CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its second quarter of its 2025 fiscal year. The Company's Q2 2025 sales of $1.6 million came in at $1.0 million below revenues generated during Q2 of last year. The Company continues to face headwinds caused by the United States initiative to tariff many countries around the world. The competition from SpaceX's LEO satellite network and proprietary antenna systems is also a factor. Q2 2025's gross margin of 55% was back in the normal range after Q1's unusually low gross margin of 44%. Total expenses for Q2 2025 were reduced by $0.3 million year over year. However, the lower-than-normal revenue performance generated a net loss of $90,860. "Increased global investment in military capabilities bodes well for our sales prospects. We are starting to see increased inquiries and orders from military customers around the world," said Dr. Leslie Klein, President and CEO of C-COM Satellite Systems Inc. Klein added, "In order to take advantage of this opportunity, C-COM's rugged antenna systems will be exhibited at the MSPO trade show this fall in Poland. The MSPO International Defense Industry Exhibition is one of Europe's key platforms for global military collaboration. This gathering will be an ideal place to show our Manpack series antennas as well as our new Ka-Band 1K LEO ESA antenna that is suitable for drone guidance and related mobile communications." "We are on track to have our testing and manufacturing of our Ka-band ESA multi-orbit antennas completed by the end of our fourth quarter as well as have the first batch of the 8-Chanel Analog Beamformer Integrated Circuits tested and ready for commercialization", concluded Dr. Klein. About C-COM Satellite Systems Inc. C-COM Satellite Systems Inc. is a pioneer and a leading global designer, developer, and manufacturer of transportable and mobile satellite-based antenna systems. The Company has developed proprietary, auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling Broadband Internet via Satellite across a wide range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies. C-COM has sold more than 11,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets such as Oil and Gas Exploration, Military Communications, Disaster Management, SNG, Emergency Communications, Cellular Backhaul, Telemedicine, Mobile Education, Government Services, Mobile Banking, and others. The Company's iNetVu® brand is synonymous with high quality, reliability, and cost-effectiveness. C-COM is in the final stages of satellite testing and manufacturing of a potentially revolutionary Ka-band, electronically steerable, modular, conformal, flat panel phased array antenna. C-COM has developed this unique multi-orbit antenna with the intent of providing low-cost, high-throughput mobility applications over satellite for land, airborne and maritime verticals over LEO, MEO and GEO satellite constellations. Another significant project underway at C-COM is the development of an Analog Beamforming Integrated Circuit, which is progressing well and is now in a testing phase. These BFICs will be used in the manufacturing of all our ESA antennas with the intent to significantly reduce their cost and improve their performance and will also be made available for sale. For additional information, please visit iNetVu® is a registered trademark of C-COM Satellite Systems Inc. The Company is publicly traded on the Canadian Venture Exchange (TSXV: CMI) and on the US OTC Exchange (OTCQB: CYSNF). INVESTOR RELATIONSC-COM Satellite Systems (613) 745-4110 ext. 4950Fax: (613) 745-7144lklein@ # # # Neither 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. Forward-Looking Statements This news release contains forward-looking statements. These statements relate to future events or future performance and reflect management's current expectations and assumptions. Statements about C-COM's expectations for future results, its intention to continue testing and launch a new product using the funding described, the size of the potential market, C-COM's expectations of being able to capitalize on the market and the expectation that investment in R&D will generate returns to the company all contain forward-looking information. Several factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Product testing may be delayed, may not have positive results or may result in necessary changes to the product design. Product development and launch may be postponed, delayed or, in the worst case, cancelled for many reasons outside C-COM's control, anticipated benefits of the new technology may not be realized, new products and services may not be released or, if released may not gain market acceptance and factors outside of C-COM's control may cause it to focus of its efforts and investments differently than described above. Any of those events and others could influence future performance and C-COM Satellite Systems Inc.'s ability to achieve the results mentioned above. These forward-looking statements are made as of the date hereof and C-COM Satellite Systems Inc. does not assume any obligation to update or revise them to reflect new events or circumstances. Readers are directed to the risk factors associated with the business of C-COM Satellite Systems in the company's most recent MD&A available at To view the source version of this press release, please visit
Yahoo
2 hours ago
- Yahoo
Gold Hunter Closes First Tranche of Financing to Fund District-Scale Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (OTCQB: HNTRF) (FSE: 6RH) ("Gold Hunter" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement financing (the "Offering") for total gross proceeds of $652,774. The first tranche consisted of: $436,005 raised through the issuance of flow-through units at a price of $0.09 per unit, and $216,769 raised through the issuance of non-flow-through (hard dollar) units at a price of $0.07 per unit. Each flow-through unit is comprised of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company at a price of $0.12 for a period of 12 months from the date of issuance. Each hard dollar unit is comprised of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the Company at a price of $0.12 for a period of 24 months from the date of issuance. In connection with the closing of the first tranche, finder's fees totaling $35,041.15 were paid and 402,555 broker warrants were issued. Each broker warrant entitles the holder to acquire one common share of the Company at a price of $0.12 for a period of 24 months from the date of issuance. The Company does not foresee utilizing the previously announced charity flow-through mechanism. Use of Proceeds and Operational Update Proceeds from this tranche, including flow-through funds, will be deployed immediately to: Complete the VTEM airborne geophysical survey and expanded to include the newly expanded claim areas. This modern geophysical program will provide high-resolution electromagnetic and magnetic data to delineate structures, alteration zones, and potentially sulphide associated with some mineralization styles over the property with precision over areas that have historically seen limited systematic exploration despite hosting past production and mineral resources. Plan for boots-on-the-ground follow-up work, including geological mapping, prospecting, and sampling to validate and prioritize targets generated from the VTEM data. The Company is pleased to report that Geotech Ltd.'s VTEM airborne survey system has mobilized to site, with survey operations scheduled to commence imminently. Advantageous Timing Completion of the VTEM program at this stage, rather than the original intent to complete last fall, has provided Gold Hunter with an advantage. Since late 2024, the Company has successfully consolidated additional mineral tenure, enabling the survey to be expanded to cover the remaining and new project areas and integrate seamlessly with data already collected. This has afforded Gold Hunter a single, consistent dataset across the entire 26,237-hectare district-scale land package, encompassing both known mineralized trends and newly acquired ground. By capturing this information in one cohesive framework, the Company will be positioned to evaluate the Project's full exploration potential with greater confidence and precision. In the current market environment, where investors increasingly value scale, systematic targeting, and modern data integration, this high resolution survey positions the Company to deliver a strong pipeline of high-priority drill targets supported by full integration of our multi-disciplinary data collected and historical datasets. Next Steps and Financing Strategy The Company does not expect to close the full originally announced amount in the near term. Instead, Gold Hunter intends to complete one additional tranche, anticipated by the end of July, which will fund the commencement of an initial drilling campaign targeting the highest-priority anomalies defined by the VTEM survey and fieldwork. The Company is fully permitted to complete the planned geophysical and drilling activities. Management Commentary "The arrival of the VTEM system onsite and the closing of this first tranche marks the start of 2025 exploration for Gold Hunter," commented Sean A. Kingsley, President & CEO. "By advancing the survey now, we are completing coverage of our entire consolidated land package, including newly acquired claims. This funding allows us to execute a disciplined exploration strategy, generating meaningful technical catalysts while preserving flexibility and limiting dilution. Once the survey is complete and data interpretation is underway, we plan to mobilize field crews to ground-truth priority anomalies in preparation for drilling. This comprehensive dataset will be an invaluable foundation as we prioritize high-potential targets across a property that already hosts multiple historic resources, a current resource estimate, and a past-producing gold mine, capturing the scale and continuity investors expect in modern exploration." Qualified Persons and Technical DisclosureThis news release, along with all scientific and technical information, has been reviewed and approved by Rory Kutluoglu, a "Qualified Person" as defined under NI 43-101 - Standards of Disclosure for Mineral Projects and is the consulting technical lead for Gold Hunter. About Gold Hunter Resources Hunter Resources Inc. is a Canadian mineral exploration company focused on acquiring and advancing high-potential precious and base metal projects. The Company leverages a data-driven approach to exploration, combining modern techniques with historical datasets to identify and develop district-scale opportunities. Following the successful divestiture of its first consolidated district to FireFly Metals Ltd., Gold Hunter has assembled the Great Northern Project, covering 40 kilometres of strike length across 26,237 hectares. Positioned along the Doucers Valley Fault Structure in one of Newfoundland's most prospective gold belts, the Company is advancing toward a maiden drill program targeting high-priority anomalies. Gold Hunter is committed to responsible exploration, meaningful stakeholder engagement, and delivering long-term value to shareholders. On Behalf of the Board of Directors,GOLD HUNTER RESOURCES INC. Sean A. KingsleyPresident, CEO, and Director For more information, please contact: Email: info@ +1 604-440-8474 Investor Relations, Corporate Communications & Media, please contact:Colton Welgan at +1 250-816-5523 or colton@ Website: Neither the CSE nor its Regulation Services Provider (as defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements: This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. These statements relate to future events or the Company's future performance and reflect current expectations or beliefs regarding future events, including but not limited to statements regarding the timing for receiving all required consents and approvals for the Closing, the ability of the Company, the GNS Vendors, and the NC Vendors to close the Transaction, the potential of the Great Northern Project, exploration plans, geophysical survey integration, and future drilling targets. Forward-looking statements are inherently subject to known and unknown risks, uncertainties, and assumptions that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include but are not limited to: the ability of the Company to receive all required consents and approvals for the Closing, market conditions, volatility in commodity prices, exploration and development risks, availability of financing, regulatory or political developments, and changes in project parameters as plans continue to be refined. Ongoing labour shortages, inflationary pressures, high interest rates, the global financial climate and ongoing international conflicts are some additional factors that are affecting current economic conditions and increasing economic uncertainty, which may impact the Company's operating performance, financial position, and future prospects. Collectively, the potential impacts of this economic environment pose risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Although Gold Hunter believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Accordingly, readers should not place undue reliance on forward-looking statements. To view the source version of this press release, please visit
