DelphX Capital Markets Inc. (TSXV: DELX) (OTC Pink: DPXCF) has announced the appointment of Emily Richardson, CPA, CMA as its new Chief Financial Officer, effective immediately. Richardson succeeds Simon Selkrig in the role, bringing more than 15 years of public company finance and capital markets experience to the Toronto- and New York-based structured products firm. The appointment signals a focus on financial discipline and capital raising capability as DelphX continues building its collateralized put option and reference note platform.

Key Points

  • DelphX Capital Markets Inc. (TSXV: DELX / OTC Pink: DPXCF) announced the CFO appointment on October 15, 2026
  • Emily Richardson, CPA, CMA replaces outgoing CFO Simon Selkrig
  • Richardson brings more than 15 years of experience spanning IFRS reporting, treasury, and capital raising through debentures, promissory notes, and rights offerings
  • Investors may be watching for updates on DelphX's capital raising activity and institutional counterparty relationships under new financial leadership

Richardson's Background Spans Public Company Finance and Multiple Sectors

Emily Richardson holds a Bachelor of Commerce in Accounting from the University of Alberta and carries the Chartered Professional Accountant designation (CPA, CMA) with the Chartered Professional Accountants of Alberta. Her career spans energy, environmental services, construction and infrastructure, and biotechnology and pharmaceuticals. She has led IFRS financial reporting, annual audits, treasury functions, and capital raising at a publicly traded clean-tech company, where she simultaneously serves as CFO. Richardson has also founded her own public accounting practice and taught accounting and taxation at the post-secondary level.

CEO Patrick Wood Cites Capital Markets Experience as Key to DelphX's Growth Stage

DelphX Chief Executive Officer Patrick Wood commented on the appointment, stating that Richardson "brings exactly what a company at our stage needs: public company discipline, capital markets experience, and the ability to get things done with lean resources." Wood noted that a credible finance function is essential as the company deepens relationships with dealers and institutional counterparties. The release states that Richardson made an impact on reporting and capital raising during her first weeks in the role. The company did not disclose the specific financial terms of Richardson's appointment.

DelphX's Structured Products Platform Provides the Strategic Context for the Hire

DelphX operates through its special purpose vehicle Quantem LLC, enabling broker-dealers to offer collateralized put options (CPOs) and collateralized reference notes (CRNs) to qualified institutional investors. CPOs provide secured rating downgrade protection for corporate bonds and protection from cryptocurrency losses, while CRNs allow investors to take on capped downgrade or cryptocurrency loss exposure in exchange for returns. All CPOs and CRNs are fully collateralized and held in custody by US Bank. Richardson described her priorities as timely reporting, capital stewardship, and shareholder transparency.