MINILUXE ANNOUNCES ISSUANCE OF OPTIONS IN LIEU OF CASH COMPENSATION EXTENDING ITS SHAREHOLDER ALIGNED INCENTIVE PROGRAM FOR LEADERSHIP

Boston, MA, Dec. 18, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (the "Company") (TSXV: MNLX) today announces that as part of its standard disclosures, the Company has granted 1,103,269 options (against ~145M fully diluted shares) to certain leadership team members of the Company as part of its ongoing incentive program to award equity of options in lieu of cash compensation. The average strike price for these options is .36 CDN reflecting the price of MNLX at the time cash compensation was forgone by employees.

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