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 [...]
Newlox Gold Ventures is pleased to announce that it has successfully completed the planned electrical upgrade at its Boston Project in Costa Rica. Technicians from the state-owned power company operated on-site during the last week of January 2024 to make the final connections and install the high-voltage electrical meter. With the power now [...]
Newlox Gold Ventures announces that it has closed a third tranche of the previously announced unsecured non-brokered Convertible Debenture Financing for gross proceeds of $403,500. The total gross proceeds for all three tranches is $1,556,000. The Company anticipates closing a final tranche in February. The debentures' principal amount will become [...]
Newlox Gold Ventures announces that it has closed a second tranche of a previously announced unsecured non-brokered Convertible Debenture Financing for gross proceeds of $367,500. The total gross proceeds for both tranches are $1,152,500. The Company expects to close a third and final tranche in mid-January 2024. The debentures' principal amount [...]
Newlox Gold Ventures is pleased to announce that it has successfully procured all equipment needed to complete the planned electrical upgrade at its Boston Project in Costa Rica. All necessary components are now on-site and in the Company's possession. Of particular importance, given the global shortage of this equipment, is an electrical [...]
Newlox Gold Ventures is pleased to announce the Company is offering, subject to regulatory approvals, a 1-year term extension to 14,069,613 warrants with an original expiry date of December 18, 2023 and 6,954,266 warrants with an original expiry date of December 31, 2023. All extended warrants have an exercise price of $0.25 per common share. The [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
