Delphi Energy Corp. announced that it has closed a brokered and non-brokered private placement of 265,331 special warrants at issue price of CAD 15 per special warrants for gross proceeds of CAD 3,979,965 on February 24, 2021. The warrants are exercisable into common shares of the company of class A shares. The warrants issued are subject to a hold period expiring four months and one day from the closing of the offering.