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Newlox Gold extends convertible debentures and warrants maturity, lowers interest and exercise prices.

Company Fundamentals
15 Apr 2026
TheNewswire
View Source
Neutral
pluang ai news

Newlox Gold Ventures Corp. plans to amend $71,500 convertible debentures by extending their maturity from April 30, 2026, to April 30, 2028, and reducing the interest rate from 10% to 5% per annum. The company will also seek approval to lower the conversion price of these debentures from $0.15 to $0.11. Additionally, it intends to extend the expiry of 476,660 warrants by two years to April 30, 2028, and reduce the exercise price from $0.25 to $0.15 per share. These changes aim to improve the terms for investors while maintaining other conditions unchanged, supporting Newlox's ongoing precious metals recovery operations in Latin America.

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