Newlox Gold Ventures is pleased to report the successful application of its previously announced plant circuit modifications and upgrades at its gold tailings processing facility in Central America. The plant has achieved steady-state operations and is increasing throughput toward its targeted 80 tonnes per day. Plant efficiency now exceeds original expectations and is projected to improve over the coming weeks. Newlox's [...]
Newlox Gold Ventures is pleased to advise that it has applied the funds raised in its recent Revenue Participation Financing to fieldwork and toward strengthening of its technical and operations team. As part of the Company's current fieldwork program, plant circuit modifications and upgrades have been underway. These activities have advanced well and the concentration facility is now undergoing testing. Newlox has [...]
Newlox Gold Ventures is pleased to advise that it has applied the funds raised in its recent Revenue Participation Financing (July 17, 2017) to fieldwork and immediate corporate expenses. Importantly, and apart from the corporate expenses the vast majority of new funding is being deployed to Newlox's previously announced environmental reclamation and precious metals recovery project. While the plant circuit was thought to [...]
Newlox Gold Ventures, an environmental remediation and gold recovery company, is pleased to announce the closing of its previously announced conversion of $488,652.88 in Debentures and $52,272.63 of accounts payable to equity as part of its previously announced Private Placing and Royalty agreements. Newlox has received unanimous agreement from its debenture holders to convert C$488,652.88 in debentures to common shares [...]
Newlox Gold Ventures is pleased to advise it has closed its previously announced revenue sharing agreement, which is facilitating advancement at the Company's tailings remediation and gold recovery facilities in Central America. 1. In consideration for payments totalling US$1,000,000.00, inclusive of the US$50,000.00 Private Placement announced on June 16, 2017, the investor will receive a 15% Gross Revenue Royalty on the [...]
Newlox Gold Ventures, an environmental remediation and gold recovery company, wishes to announce the signing of a Letter of Intent, a Proposed Conversion of Debenture Debt, and provide details concerning the equity private placement announced on June 16, 2017. Newlox is pleased to advise it has signed a Letter of Intent with a private investor whereby the parties will expedite the formation of a Revenue Sharing Agreement [...]