(via TheNewswire)
February 26, 2026 – TheNewswire - Vancouver, British Colombia – Newlox Gold Ventures Corp. ( CSE:LUX ) (Pink: NWLXF ) (the “Corporation ”) announces that that it intends amend the terms of an aggregate of $564,000 convertible debentures (the “ Debentures ”) and 3,760,000 common share purchase warrants (the “ Warrants ”) issued under a previous non-brokered private placement completed on February 28, 2024 .
Convertible Debentures
The Corporation will extend the maturity dates for an additional twenty-four months from February 28, 2026 to February 28, 2028 and reduce the interest rate from 10% per annum to 5% per annum. In addition, the Corporation will make an application to the Canadian Securities Exchange (the “CSE ”) to reduce the conversion price of the Debentures from $0.15 to $0.11.
Warrants
The Corporation intends to seek approval from the CSE to amend the expiry date and exercise price of the Warrants, which were issued in connection with the Debentures. The Warrants are exercisable until February 28, 2026 at $0.25 per share. The Corporation proposes to extend the exercise period of the Warrants by two (2) years from February 28, 2026 to February 28, 2028 and reduce the exercise price of the Warrants from $0.25 to $0.15 per common share.
All other terms of the Debentures and Warrants will remain the same.
About Newlox Gold Ventures Corp.
Newlox Gold Ventures Corp. is an emerging precious metals producer dedicated to the recovery of gold and silver from artisanal and small-scale mining operations across Latin America. The Company leverages technology to recover precious metals while remediating historical mine waste and contributing to local economic development.
For further details, please contact:
info@newloxgold.com
647.848.5843
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).
Forward Looking Statements
This news release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “anticipated”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Newlox is subject to significant risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this release. Newlox cannot assure investors that actual results will be consistent with these forward-looking statements and Newlox assumes no obligation to update or revise the forward-looking statements contained in this release to reflect actual events or new circumstances.
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