LX Ventures Announces Financial Results for the Quarter Ended October 31, 2012

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/31/12 — LX Ventures Inc. (TSX VENTURE: LXV) ("LX" or the "Company") is pleased to announce its financial results for the three month period ended October 31, 2012.First Quarter (fiscal 2013) Highlights:On October 12, 2012 the Company closed the first tranche of a non-brokered private placement originally announced on September 20, 2012, and issued 19,715,000 units (the "Units") at a price of $0.10 per Unit for gr