Newlox Provides Update On Status Of Financial Statements

Core Viewpoint - Newlox Gold Ventures Corp. is currently facing a delay in filing its audited financial statements for the fiscal year ended March 31, 2025, primarily due to a change in management and difficulties in obtaining necessary documents from Costa Rica for the audit [1][3]. Group 1 - The Corporation announced it would not be able to file its Annual Financial Statements and related documents by the deadline of July 29, 2025 [1]. - A management cease trade order (MCTO) was issued by the British Columbia Securities Commission on July 30, 2025, prohibiting the CEO and CFO from trading in the Corporation's securities until the Required Filings are submitted [2]. - The Corporation has committed to providing bi-weekly default status reports to comply with the alternative information guidelines under NP 12-203 while remaining in default [5]. Group 2 - Since the initial default announcement, there have been no material changes to the information disclosed, and the Corporation has not failed to meet its stated intentions regarding the alternative information guidelines [4]. - Newlox Gold Ventures Corp. is focused on recovering gold and silver from artisanal and small-scale mining operations in Latin America, utilizing technology to recover precious metals and contribute to local economic development [6].