Wir verwenden Cookies, um Ihnen eine optimale Funktion der Webseite zu ermöglichen. Wenn Sie weitersurfen, stimmen Sie der Cookie-Nutzung zu. Mehr erfahren
In Ihrem Webbrowser ist JavaScript deaktiviert. Um alle Funktionen dieser Website nutzen zu können, muss JavaScript aktiviert sein.
RohstoffWelt - Die ganze Welt der Rohstoffe HomeKontaktRSS
Powered by: Powered by GoldSeiten.de
[ Druckversion ]
Newlox Gold Ventures Corp.
Newlox Gold Ventures Corp.
Registriert in: Kanada WKN: A1XFBG Rohstoffe:
Art: Originalaktie ISIN: CA65151R1001 Gold
Heimatbörse: CSE Alternativ: -
Währung: CAD    
Symbol: LUX.CSE Forum:

Newlox Gold Closes Fifth Tranche of a Convertible Debenture Financing for Total Gross Proceeds of $2.19 Million

01.05.2024 | 6:50 Uhr | The Newswire
Vancouver - 30 April 2024 - Newlox Gold Ventures Corp. ("Newlox" or the "Company") (CSE: LUX | Frankfurt/Stuttgart: NGO | PINK: NWLXF) announces that it has closed a fifth tranche of the previously announced unsecured non-brokered Convertible Debenture Financing (The "Offering") 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 and any accrued interest are convertible at the option of the investor at a conversion price of $0.15 per common share (the "Conversion Price") from the closing date until the day before maturity. On maturity, the Company will have the option to pay the principle and any accrued interest in cash or shares at the Conversion price.

As part of the fourth tranche closing, the Company issued 476,660 Warrants. Each Warrant entitles the holder to purchase one common share of the Company at an exercise price of $025 for two years from the closing of the Offering.

Finder fees of $1,760.00 and 11,733 Broker Warrants for this tranche were issued at an exercise price of $0.25 per common shares for two years from the closing date.

All securities are issued pursuant to the Offering will be subject to a 4-month hold period under applicable securities laws in Canada.

The Company anticipates a final tranche close of the Offering within the next 14 days.

Newlox will use proceeds from the Offering to support operations, expansion and grow productivity.

About Newlox Gold Ventures Corp.

Newlox has identified a niche within the extractive industry where a clean-technology company can apply innovative processing techniques to not only recover precious metals but also affect positive change in the environmental and social landscape in its targeted jurisdictions of operations.

Contact Newlox

Ryan Jackson

Newlox Gold Ventures Corp., President

Website: www.newloxgold.com

Email: ryan@newloxgold.com

Phone: +1 778 738 0546

Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).

Copyright (c) 2024 TheNewswire - All rights reserved.

Bookmarken bei Mister Wong Furl YiGG Wikio del.icio.us Webnews
A A A Schriftgröße
© 2007 - 2024 Rohstoff-Welt.de ist ein Mitglied der GoldSeiten Mediengruppe
Es wird keinerlei Haftung für die Richtigkeit der Angaben übernommen! Alle Angaben ohne Gewähr!
Kursdaten: Data Supplied by BSB-Software.de (mind. 15 min zeitverzögert)

Werbung | Mediadaten | Kontakt | AGB | Impressum | Datenschutz