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Luxor Industrial Corporation

09:54 AM EST - Luxor Industrial Corporation : Provided a corporate update. On February 7, the Company requested that the TSX Venture Exchange place a halt on the trading of its common shares. Luxor made the request so that it could update the market of developments impacting the Company. The Company is experiencing significant financial distress and has retained a strategic consulting group to assist it in attempting to complete a financial restructuring. Notwithstanding the Company’s efforts, there is no guarantee that they will be successful in completing a restructuring. Luxor Industrial Corporation shares V.LRL are trading down $0.025 at $0.04.