Newlox Gold Announces Amendment of Convertible Debentures and Warrants

(TheNewswire)

February 26, 2026 – TheNewswire- Vancouver, British Colombia – Newlox Gold Ventures Corp.(CSE:LUX)(Pink:NWLXF)(the “Corporation”)announces that that it intendsamend 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 placementcompleted on February 28, 2024.

Convertible Debentures

The Corporation will extend the maturity dates for an additionaltwenty-four months from February 28, 2026 to February 28, 2028 andreduce the interest rate from 10% per annum to 5% per annum. Inaddition, the Corporation will make an application to the CanadianSecurities 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 theexpiry date and exercise price of the Warrants, which were issued inconnection with the Debentures. The Warrants are exercisable untilFebruary 28, 2026 at $0.25 per share. The Corporation proposes toextend the exercise period of the Warrants by two (2) years fromFebruary 28, 2026 to February 28, 2028 and reduce the exercise priceof the Warrants from $0.25 to $0.15 per common share.

All other terms of the Debentures and Warrants willremain the same.

About Newlox GoldVentures Corp.

Newlox Gold Ventures Corp. is an emerging precious metals producerdedicated to the recovery of gold and silver from artisanal andsmall-scale mining operations across Latin America. The Companyleverages technology to recover precious metals while remediatinghistorical mine waste and contributing to local economic development.

For further details, please contact:  

info@newloxgold.com

647.848.5843

Neither Canadian Securities Exchangenor its Regulation Services Provider (as that term is defined in thepolicies of the Canadian Securities Exchange) accept responsibilityfor the adequacy or accuracy of this release).

Forward Looking Statements

This news release contains“forward-looking statements” within the meaning of the UnitedStates Private Securities Litigation Reform Act of 1995 and applicableCanadian securities legislation. Generally, these forward-lookingstatements can be identified by the use of forward-looking terminologysuch as “plans”, “anticipated”, “expects” or “does notexpect”, “is expected”, “budget”, “scheduled”,“estimates”, “forecasts”, “intends”, “anticipates” or“does not anticipate”, or “believes”, or variations of suchwords and phrases or state that certain actions, events or results“may”, “could”, “would”, “might” or “will betaken”, “occur” or “be achieved”. Newlox is subject tosignificant risks and uncertainties which may cause the actualresults, performance or achievements to be materially different fromany future results, performance or achievements expressed or impliedby the forward-looking statements contained in this release. Newloxcannot assure investors that actual results will be consistent withthese forward-looking statements and Newlox assumes no obligation toupdate or revise the forward-looking statements contained in thisrelease to reflect actual events or new circumstances.

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