Newlox Gold Ventures has filed its Full-Year Audited Financial Statements and Management Discussion & Analysis, which are available to the public on sedarplus.ca. Included in the Financial Statements is the Independent Auditor's Report, which provided a positive report stating that "the accompanying financial statements present fairly, in all material respects, the financial position of the Company as at March 31, 2024 [...]
Newlox Gold Ventures reports that there has been a delay in the filing of its annual audited financial statements resulting in the issuance of a cease trade order by the BC Securities Commission. Management has been working closely with the Company's independent auditing firm to expedite the filing, and no material issues have been found during the process. The audit is currently in the final stages, and management [...]
Newlox Gold Ventures announces that it has issued 850,000 common shares to two arm's length parties in a shares-for-debt transaction at a price of $0.15 per share. Forward-Looking Information The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward- looking information. Forward-looking information [...]
Newlox Gold Ventures is pleased to announce that the Company has achieved its best production month to date. This milestone follows the successful implementation of metallurgical optimization processes at its Costa Rican Operations, particularly at its wholly-owned Project 1. This milestone follows favourable outcomes from the optimization program reported earlier this year. Key highlights of this record-breaking [...]
Newlox Gold Ventures announces that it has closed a final tranche of the previously announced unsecured non-brokered Convertible Debenture Financing for gross proceeds of $153,000. The total gross proceeds for all tranches is $2,340,000. The debentures' principal amount will become due in two years from the closing date and will carry an interest rate of 10% per annum, with interest payable semi-annually. Principle and [...]
Newlox Gold Ventures is pleased report the successful completion of commissioning and the start of operations at Project 2; the Boston Clean Gold Project. The second ore processing facility has started commercial production. Feedstock freshly extracted from the Boston Mine by the Company's local mining partners is now in circuit. At full design capacity, the new Boston mill will process up to 150 tonnes per day of [...]
Newlox Gold Ventures is delighted to announce the favourable outcomes of its metallurgical optimization processes conducted at its Costa Rican Operations. These advancements are poised to seamlessly transition to Newlox's larger second precious metals recovery plant, which is currently in the final stage of commissioning. The program, spearheaded by independent metallurgical consultants and subsequently validated by an [...]
Newlox Gold Ventures announces that it has closed a fifth tranche of the previously announced unsecured non-brokered Convertible Debenture Financing for gross proceeds of $71,500. The total gross proceeds for all three tranches is $2,191,500. The debentures' principal amount will become due in two years from the closing date and will carry an interest rate of 10% per annum, with interest payable semi-annually. Principle [...]
Newlox Gold Ventures is pleased to provide an update on commissioning at Project 2; the Boston Clean Gold Project. Ryan Jackson, CEO, is pleased to announce that the Company has started feeding mineralized material through it's second, larger, plant in Costa Rica. The Project will process feedstock freshly extracted from the Boston Mine by the Company's local mining partners. At full capacity, the new Boston mill will [...]
Newlox Gold Ventures is pleased to announce a strategic investment of US$100,000 in its Antioquia Community Coexistence Gold Project. Engineering and permitting work are currently underway at the project, with the Company's efforts being directed at obtaining all necessary permits for the project to facilitate the start of construction in 2024. Newlox Gold's Coexistence Project in San Roque, Department of Antioquia [...]
Newlox Gold Ventures announces that it has closed a fourth tranche of the previously announced unsecured non-brokered Convertible Debenture Financing for gross proceeds of $564,000. The total gross proceeds for all three tranches is $2,120,000. The Company anticipates closing a final tranche within the next 45 days. The debentures' principal amount will become due in two years from the closing date and will carry an [...]
Newlox Gold Ventures is pleased to announce that, following the connection of high-voltage power, it has completed testing of equipment at its Boston Project in Costa Rica and has started commissioning work in anticipation of commercial operations. During the first week of February, Newlox Gold's engineering team worked in partnership with technicians from the state-owned Costa Rican power company to test power systems at [...]
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