Newlox Provides Update on Status of Financial Statements

(TheNewswire)

August 27, 2025 CSE:   LUX

Vancouver, British Columbia – TheNewswire - Newlox Gold VenturesCorp. (the “Corporation”) is providing this bi-weekly defaultstatus report in accordance with National Policy 12-203 – Cease Trade Orders for Continuous DisclosureDefaults (“NP 12-203”). In its initialdefault announcement of July 30, 2025 (the “Default Notice”), theCorporation announced that it will not be able to file its auditedfinancial statements for its fiscal year ended March 31, 2025 (the“Annual Financial Statements”), and accompanying management’sdiscussion and analysis and related Chief Executive Officer and ChiefFinancial Officer certificates relating thereto (collectively, the“Required Filings”) before the prescribed deadline of July 29,2025.

As previously announced, the Corporation made anapplication to the applicable securities regulators under NP 12-203requesting that a management cease trade order (“MCTO”) be imposedin respect of this late filing.  On July 30, 2025, the BritishColumbia Securities Commission issued a temporary MCTO, whichprohibits the Chief Executive Officer and the Chief Financial Officerfrom trading in securities of the Corporation for so long as theRequired Filings are not filed. The issuance of an MCTO does notgenerally affect the ability of persons who are not directors,officers or other insiders of the Corporation to trade in theCorporation’s securities.

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.

Other than as set out herein, the Corporation reportsthat since the Default Notice: (i) there is no material change to theinformation set out in the Default Notice that has not been generallydisclosed; (ii) there has been no failure by the Corporation infulfilling its stated intentions with respect to satisfying theprovisions of the alternative information guidelines set out in NP12-203; (iii) there has not been any other specified default by theCorporation under NP 12-203; and (iv) there is no other materialinformation concerning the affairs of the Corporation that has notbeen generally disclosed.

The Corporation will continue to satisfy the provisionsof the alternative information guidelines under NP 12-203 by issuingbi-weekly default status reports in the form of news releases so longas it remains in default of the filing requirements set outabove.

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.

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