Luxxfolio Holdings Inc. has entered into a definitive agreement under which Luxxfolio will acquire all of the issued and outstanding shares of privately-held WestBlock Capital Inc. ("WestBlock"), to be effected by way of a three-cornered amalgamation between WestBlock, Luxxfolio and a wholly-owned subsidiary of Luxxfolio (the "Transaction"). The management of WestBlock will join the Luxxfolio team by carrying on with their leadership roles for the WestBlock business, as WestBlock continues to operate as a wholly owned subsidiary of Luxxfolio, post closing. The management team of WestBlock includes: Ken MacLean ­ WestBlock CEO and Kien Tran ­ WestBlock COO.