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Financings

Luxxfolio Holdings arranges $1-million financing

By The Northwire Desk — AI Analysis Nov 21, 2025 · 19:28 LUXX · 0.175 Luxxfolio Holdings Inc
LUXX · Price

Executive Summary

  • Luxxfolio Holdings Inc. has arranged a non-brokered private placement of up to 5,882,352 units for gross proceeds of up to $1 million.
  • Each unit consists of one common share and one share purchase warrant, with the warrants exercisable at 35 cents per share for a period of 24 months.
  • Net proceeds will be used for general working capital and the development of Litecoin mining initiatives.

Key Details

  • Transaction Structure: Non-brokered private placement.
  • Units Offered: Up to 5,882,352 units.
  • Price Per Unit: 17 cents.
  • Gross Proceeds: Up to $1,000,000.
  • Warrant Terms: Each unit includes one share purchase warrant.
  • Exercise Price: 35 cents per warrant share.
  • Warrant Expiration: 24 months from the closing of the offering.
  • Use of Proceeds: General working capital and development of Litecoin mining initiatives.
  • Conditions: Completion is subject to customary conditions and receipt of all necessary approvals.
  • Finder's Fees: The company may pay finders' fees in accordance with applicable securities laws and Canadian Securities Exchange policies.
Read the original news release →

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