Newlox Gold Completes Oversubscribed Private Placement of $2.17 Million

July 29, 2025 — Leads & Copy — Newlox Gold Ventures Corp. has closed an oversubscribed private placement, raising $2,171,320 through the issuance of 31,018,857 units at $0.07 each. Each unit includes a common share and a warrant, with warrants exercisable at $0.12 until July 28, 2028. The offering included finders' fees and insider participation, with proceeds allocated to milling operations in Costa Rica and general working capital. All securities are subject to a four-month hold period.

The private placement was oversubscribed by $171,320.

Directors and officers Jeffrey Benavides, Roger Dent, and Alex MacKay subscribed for 9,500,000 Units for $665,000.

Newlox Gold is focused on recovering gold and silver from artisanal and small-scale mining operations in Latin America.

Contact: info@newloxgold.com, Telephone: 647.848.5843

Source: Newlox Gold Ventures Corp.