Newlox Gold Files Annual Financial Statements
Vancouver, BC, 5 August 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE: LUX | Frankfurt/Stuttgart: NGO | PINK: NWLXF) would like to update its shareholders that the Company has filed its annual financial statements dated 31 March 2021. The filings were delayed by one week due to personnel interruptions related to the ongoing COVID-19 pandemic.
Although the annual filings have now been completed, the Company has been informed that it will be subject to a Cease Trade Order (CTO) on August 6th, 2021, which will be lifted after two trading days on Tuesday August 10th.
A Message from Ryan Jackson, President & CEO:
“Although the delay in filing our annual statements is regrettable, we are relieved to report that Jeffrey Benavides, Newlox Gold’s CFO and my good friend, has made a full recovery after being hospitalized from complications related to coronavirus infection. We have been working with our CFO and our auditors and can now confirm the filings have been completed.
We apologize for the one-week delay in the Company’s annual filings and are putting in place redundancy measures to prevent late filings from reoccurring in the future. We greatly appreciate the support and patience of Newlox Gold’s shareholders.”
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 includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. 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).
On Behalf of the Board, Newlox Gold Ventures Corp.
Newlox Gold Contact