Lux Energy Corp Announces Private Funding

Name	Symbol	Market	Type
Emles Luxury Goods ETF	AMEX:LUXE	AMEX	Exchange Traded Fund

Name

Symbol

Market

Type

Emles Luxury Goods ETF

AMEX:LUXE

AMEX

Exchange Traded Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	20.515				0	01:00:00

Price Change

% Change

Price

High Price

Low Price

Open Price

Traded

Last Trade

0.00

0.00%

20.515

01:00:00

Lux Energy Corp Announces Private Funding

08/12/2009 1:00pm

PR Newswire (US)

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LUXE: OTC-BB CALGARY, Dec. 8 /PRNewswire-FirstCall/ -- Lux Energy Corp. (OTCBB: LUXE.OB), an oil and gas production and exploration company, is pleased to announce an agreement for securing a longer-term private funding source(s) under terms that allow the Company to proceed with current, potentially significant opportunities. Lux Energy will initially receive approximately $400,000.00 (USD) as the first funding tranche, which is expected to be advanced over the next several weeks by the private equity firm under agreement with the Company. The total funding amount may reach a maximum of three million U.S. dollars. Lux Energy Corp. will secure the funds with a promissory note. Subsequently the note will be converted into common shares issued from the corporate treasury. The rate of the note conversion will be predicated on a five day average trading value basis. Shane Broesky, President of Lux Energy Corp. comments, "The funds are arriving at a critical juncture for the Company as we embark on our Woodrush venture with Dejour Enterprises in Northern British Columbia and our West Central Alberta entrance into the Barrhead fields. Lux Energy shareholders should note that the timing and terms of this funding has put the Company in an enviable position to capitalize on these notable petroleum opportunities throughout 2010 and beyond." The necessary reporting requirements for this funding project will be filed by the corporate attorney with the regulatory agencies imminently. Lux Energy Corp. is an oil and gas production and exploration company focusing on developing oil and gas resources in North America. Further information and news releases are available at http://www.luxenergycorp.com/. DATASOURCE: LUX Energy Corporation CONTACT: Charles (Chuck) Tait, Lux Energy Corp., Toll-Free: 1-866-578-6022 or (403) 775-1730, Email:

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LUXE Emles Luxury Goods ETF