Private Placement

November 6, 2026 – TheNewswire - Victoria, BC: Luxor Metals Ltd. (“ Luxor” or “the Company ”) (“ LUXR”-TSX - V ) The Company announces that it intends to complete a non-brokered private placement consisting of issuance of up to 5,000,000 units at a price of $0.11 per unit for gross proceeds of up to $550,000. Each unit will consist of one common share and one warrant; each warrant entitles the subscriber to purchase one common share exercisable at $0.18, valid for two years from the closing of the private placement. The private placement is subject to regulatory approval, including but not limited to approval of the TSX Venture Exchange, and all securities issued pursuant to the private placement will have a hold period of four months. There are no finder’s fees or other commissions associated with the transaction. The proceeds of the financing will be used mainly for exploration of its mineral properties in the Golden Triangle area of northwestern British Columbia, and for general corporate purposes. The Company will not be proceeding with its private placement of units which was announced in a news release dated Sep. 21, 2026. No securities were issued under this previously annou

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