Luxxfolio Announces Closing of $2.5 Million Non-Brokered Private Placement
Vancouver, British Columbia–(Newsfile Corp. – July 14, 2025) – LUXXFOLIO Holdings Inc. (CSE: LUXX) (OTCQB: LUXFD) (FSE: LUH0) (the “Company” or “Luxxfolio”) is pleased to announce it has closed its previously announced non-brokered private placement of units in the capital of the Company (the “Units”) for gross proceeds of $2,500,000 through the issuance of 10,000,000 Units at a price of $0.25 per Unit (the “Financing”). Each Unit consists of one (1) common share of the Company (each, a “Share“) and one-half (1/2) of one Share purchase warrant (each whole warrant, a “Warrant“). Each Warrant entitles the holder thereof to purchase an additional Share (each, a “Warrant Share“) at an exercise price of $0.50 per Warrant Share for a period of 24 months from the closing of the Offering (the “Closing“); provided that the expiry of the Warrants can be accelerated if the closing price of the Company’s common shares on the Canadian