Newlox Gold Ventures announces that it is offering an unsecured non-brokered Convertible Debenture Financing and has closed a strong lead order for gross proceeds of $785,000. The Offering remains open to accredited investors for participation. The principal amount of the debentures will become due two years from the closing date and will carry an interest rate of 10% per annum, with interest payable semi-annually [...]
Newlox Gold Ventures is pleased to announce a significant milestone in its operations with the resolution of the electrical supply issue for Plant #2. The Boston Project will benefit from connection to the Costa Rican grid, which is a stable and 98% renewable electricity system. After months of dialogue, Newlox has reached a comprehensive agreement with ICE, the Costa Rican Electrical Institute, to construct and install [...]
Newlox Gold Ventures announces that it has closed a non-brokered private placement financing with support from existing shareholders of the Company. Newlox Gold has received gross proceeds of $550,000 by issuing 2,750,000 units of the Company at a price of $0.20 per Unit. Each Unit comprises one common share and one common share purchase warrant. Each Warrant entitles the holder to purchase one additional common share of [...]
Newlox Gold Ventures is pleased to announce it has signed an agreement to acquire 100% of the Antioquia Community Coexistence Project in San Roque, Department of Antioquia, Colombia for a total of US$1.5 million to be paid in upcoming installments. The Coexistence Project will follow the coexistence model for relations with artisanal mining, which was spearheaded by Dr. Marcello Veiga and embraced by the Colombian [...]
Newlox Gold Ventures is pleased to highlight a recent academic paper written by Pariya Torkaman from the Norman B. Keevil Institute of Mining Engineering, University of British Columbia; Akihiro Yoshimura from the Graduate School of Science and Engineering, Chiba University; Leslie M. Lavkulich from the Department of Land and Food Systems, University of British Columbia, and Dr. Marcello M. Veiga on the topic of [...]
Newlox Gold Ventures is pleased to announce that the Company has, pursuant to its Stock Options Plan, issued 3,052,980 stock options to arm's length consultants with an exercise price of $0.15 per share and a term of 2-years. 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 [...]
Newlox Gold Ventures is pleased to announce the Company is offering investors who participated in the Company's Convertible Debentures dated December 18th, 2020, and Dec 31st, 2020, subject to regulatory approvals, a 1-year extension in appreciation of their support and investment. Debenture Extension Consent Forms will be prepared and made available to debenture holders. The Board at Newlox Gold have approved these [...]
Newlox Gold Ventures is pleased to announce that it has filed its First Quarter Condensed Interim Consolidated Financial Statements and Management Discussion & Analysis, which are available to the public . 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 [...]
Newlox Gold Ventures is pleased to announce its Full-Year Audited Financial Statements, filed on 29 Sept 2023 and available now on sedarplus.ca, report growing revenue over the past fiscal year and a significant increase in the Company's assets. In the 12 months leading up to 31 March 2023, Newlox Gold's fiscal year-end, the Company reports revenue of $3,472,106 compared to $2,081,516 during the previous fiscal year. As a [...]
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, 2023 [...]
Newlox Gold Ventures is providing an update on the status of a management cease trade order that was granted by the British Columbia Securities Commission on 1 August 2023. The Company is providing this bi-weekly status update in accordance with National Policy 12-203 Management Cease Trade Orders . The Company's audited annual financial statements for the year ended March 31, 2023, including the related management [...]
Newlox Gold Ventures is providing an update on the status of a management cease trade order that was granted by the BCSC on 1 August 2023. The Company is providing this bi-weekly status update in accordance with National Policy 12-203 Management Cease Trade Orders. The Company's audited annual financial statements for the year ended March 31, 2023, including the related management discussion and analysis, and Chief [...]
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