MiniLuxe Holding Corp. has completed a shares-for-debt settlement with The Cue Ball Group, LLC, issuing 118,750 Class A subordinate voting shares at a deemed price of CAD$0.40 per share to settle approximately USD$34,237 past due expenses. The transaction was deemed in the best interest of the company and shareholders, reducing a longstanding liability and conserving capital. All securities issued are subject to a hold period of four months and one day. MiniLuxe is a lifestyle brand and talent empowerment platform focusing on nail care and esthetic services, aiming to transform the self-care industry through higher standards, technology, and empowerment opportunities.

Read more at GlobeNewswire: MINILUXE COMPLETES SHARES FOR DEBT SETTLEMENT