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MONTREAL, March 30, 2023 /CNW/ - LXRandCo, Inc. ("LXR" or the "Company") (TSX:LXR.TO) (TSX:LXR-WT.TO), a digital-first omni-channel retailer of authenticated pre-owned luxury handbags and accessories, is pleased to announce the closing of the brokered private placement of unsecured convertible debenture units of the Company (the "Debenture Units") previously announced on March 1, 2023 (the "Private Placement") led by Stifel Nicolaus Canada Inc. ("Stifel GMP"), acting as lead agent, together with a syndicate of agents (the "Agents"), pursuant to which the Company issued 1,235 debenture units (each, a "Debenture Unit") for gross proceeds of $1,235,000.
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