Newlox Announces Cease Trade Order
(TheNewswire)
October 6, 2025 – TheNewswire - Vancouver, British Columbia – Newlox Gold Ventures Corp.(the “Corporation”) (CSE: LUX) today announced that the British Columbia SecuritiesCommission has issued a failure-to-file ceasetrade order (the “FFCTO”) to the Corporation on October 3,2025.
The FFCTO is a result of the Corporation’s failure tofiles its audited financial statements for its fiscal year ended March31, 2025 (the “Annual Financial Statements”), and accompanyingmanagement’s discussion and analysis and related Chief ExecutiveOfficer and Chief Financial Officer certificates relating thereto(collectively, the “Required Filings”) before the prescribeddeadline of July 29, 2025.
The FFCTO prohibits the trading by any person of anysecurities of the Corporation in each jurisdiction in Canada in whichthe Corporation is a reporting issuer, including trades in theCorporation’s securities made through the Canadian SecuritiesExchange (“CSE”), for as long as the FFCTO remains in effect.
The FFCTO provides an exception for beneficialsecurityholders of the Corporation who are not currently (and who werenot as of July 29, 2025) insiders or control persons of theCorporation and who sell securities of the Corporation acquired beforeJuly 29, 2025, if both of the following criteria are met:
(i) the sale is made through a“foreign organized regulated market”, as defined in section 1.1 ofthe Universal Market Integrity Rules of the Canadian InvestmentRegulatory Organization; and
(ii) the sale is made through aninvestment dealer registered in a jurisdiction of Canada in accordancewith applicable securities legislation.
The Corporation is not currently subject to anyinsolvency proceedings.
As previously announced, the delay in filing theRequired Filings is principally related to the Corporation’s recentchange of management and the difficulty in obtaining necessarydocuments from Costa Rica for the audit. The Corporation haspreviously provided its auditors, Dale Matheson Carr-Hilton LabonteLLP (“DMCH”), with draft financial statements for their review.DMCH has subsequently informed the Corporation that due to staffingand scheduling constraints, they will not complete the audit processin time for the Corporation to meet the filing deadline for theRequired Filings. These staffing and scheduling issues were notpreviously known to the Corporation.
Additional time is needed to allow DMCH to complete itsaudit process. The Corporation intends to file the Required Filings assoon as possible and will provide updates as further informationbecomes available.
About Newlox Gold Ventures Corp.
Newlox Gold Ventures Corp. is an emerging preciousmetals producer dedicated to the recovery of gold and silver fromartisanal and small-scale mining operations across Latin America. TheCompany leverages technology to recover precious metals whileremediating historical mine waste and contributing to local economicdevelopment.
On Behalf of the Board,
Newlox Gold Ventures Corp.
Website: www.newloxgold.com
Telephone: 647.848.5843
Email: info@newloxgold.com
Neither the Canadian SecuritiesExchange nor its Regulation Services Provider have reviewed or acceptresponsibility for the adequacy or accuracy of this release.
Copyright (c) 2025 TheNewswire - All rights reserved.
NASDAQ: LUX:CC
LUX:CC Trading
8.57% G/L:
$0.19 Last:
286,100 Volume:
$0.175 Open:



