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Microcap & Penny Stocks : Stateside's Canadian Microcap Board

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To: statesidereport who wrote (1456)

5/31/2016 7:39:52 PM

From: ayeyou

Read Replies (1) of 1728

Well there went LRLs 9 consecutive quarters of profitability. All it took was one quarter in the prefab panel biz. My comments in post few months back appear valid. Didn't help that management took opportunity to gouge out a quarter mil in management fees. They could have at least waited till it didnt push them into the red or take half now and balance on next quarter. I see they jumped on closing that PP at reduced price and warrant strike even though only partly subscribed even with the discounts. Immediately on heels of poor financial. Lashman as I came to know him.

Message 30416358

V:LRL - LUXOR INDUSTRIAL CORPORATION - luxorcorp.com

19:30:05 MDT

Sym-XBid - AskLastChg%ChVol$Vol#TrOpen-Hi-LoYear Hi-LoLast TrNewsDelay

LRL - V ATS	5.0	0.20 · 0.21	10.0	0.20	-0.065	-24.5	345.2	73	52	0.26 0.26 0.20	0.375 0.10	16:41:09	May 30	15 min RT 2¢
TSX-V - V	5.0	0.20 · 0.21	10.0	0.20	-0.065	-24.5	314.8	67	48	0.26 0.26 0.20	0.375 0.10	16:41:09		15 min
Chi-X - X				0.20	-0.065	-24.5	20.0	4	2	0.20 0.20 0.20		13:58:20		15 min
CX2 - H				0.205	-0.06	-22.6	10.0	2	1	0.205 0.205 0.205		14:06:10		15 min
TriAct - M				0.265			0.4	0	1			May 13 15:50:10		15 min

Luxor Industrial arranges $750,000 private placement

2016-05-17 11:44 MT - News Release

Mr. Tim Charman reports

LUXOR ANNOUNCES PRIVATE PLACEMENT

Luxor Industrial Corp. has arranged a non-brokered private-placement financing to raise $750,000 at a price of 24 cents per unit. The private placement comprises 3,125,000 units, with each unit consisting of one common share and one transferable warrant entitling the holder to purchase one additional share at a price of 30 cents for one year.

Funds from the financing will be used for working capital.

Certain directors and officers are expected to participate in the private placement on the terms set forth above, and such participation has been approved by the independent directors of the company. The company is relying on an exemption from the related party requirements of MI 61-101.

The financing is subject to acceptance for filing by the TSX Venture Exchange.

© 2016 Canjex Publishing Ltd. All rights reserved.

Here is new PP news from today.....

Luxor closes private placement for $405,000

2016-05-31 17:26 MT - News Release

Mr. Terry Lashman reports

LUXOR CLOSES $405,000 PRIVATE PLACEMENT

Luxor Industrial Corp. has closed a private placement of $405,000 as follows:

Number of shares: 2.25 million shares

Purchase price: 18 cents per share

Warrants: 2.25 million warrants to purchase 2.55 million shares

Warrant exercise price: 22 cents

Number of placees: 18

Finder's fee: Canaccord, $9,000 and 50,000 warrants; PI Financial, $7,920 and 44,000 warrants

Finder's warrant exercise price: 22 cents

Finder's warrant expiry: May 30, 2017

We seek Safe Harbor.

© 2016 Canjex Publishing Ltd. All rights reserved.

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