Mr. Terry Lashman reports

LUXOR INCREASES ITS MANUFACTURING FACILITIES TO SERVICE TURNKEY FRAMING CONTRACTS IN THE US AND HANDLE DEMAND FROM OTHER FRAMERS

Luxor Industrial Corp. has leased four acres of land, including a 35,000-square-foot building, in Chilliwack, B.C., to increase its manufacturing capacity for prefabricated walls, FastFrame window and door components, and precut and packaged engineered wood products for floors and roofs. The new facility is located 20 miles from Luxor's main manufacturing operations in Abbotsford, B.C. Both plants are in close proximity to the United States border, ideally located to service the Pacific Northwest.

The plant, operated by Luxor's Mill Frame Inc., will supply the company's Mill Frame LLC turnkey framing contracts in Washington state. Luxor's 2016 U.S. framing contracts total in excess of $11-million (U.S.) or $15-million and are expected to increase significantly. The tight labour supply and increasing volume of multifamily construction in Washington state has resulted in numerous inquiries from framing companies, lumber yards and general contractors for the products manufactured and processed in the Chilliwack facility.

John Hunter, president of Mill Frame, commented, "With the shortage of wall panel capacity and skilled labour in the U.S., combined with our experienced management team, this is an excellent opportunity for our company to significantly increase product sales."

Luxor will keep shareholders informed on progress on the above matters, as well as any other developments.

We seek Safe Harbor.