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MarketScreener Homepage  >  Equities  >  Deutsche Boerse AG  >  Newlox Gold Ventures Corp.    NGO   CA65151R1001

NEWLOX GOLD VENTURES CORP.

(NGO)
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Newlox Gold Ventures : Announces Expiry of Warrants

11/27/2020 | 09:37am EST

(via TheNewswire)



Vancouver, BC -TheNewswire -November 27th, 2020 - Newlox Gold Ventures Corp. ("Newlox" or the "Company") (CSE:LUX)|(CNSX:LUX.CN) | (Frankfurt:NGO)advises that 5 million warrants issued July 26th, 2020 will expire today. Of the 5 million warrants issued at that time, 150,000 have been exercised to date.

The warrants issued on November 26th, 2020, will carry a legend restricting the trading of shares until March 27th, 2021.

Forward-Looking Information

The information in this news release may include certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).

Technical Disclaimer

The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a "Qualified Person" within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.

On Behalf of the Board, Newlox Gold Ventures Corp.

Contact Newlox

Ryan Jackson

Newlox Gold Ventures Corp., President

Website:www.newloxgold.com

Email:ryan@newloxgold.com

Phone: +1 778 738 0546

Copyright (c) 2020 TheNewswire - All rights reserved.

Copyright (c) 2020 TheNewswire - All rights reserved., source Press Releases

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Financials
Sales 2020 0,49  0,39  0,39 
Net income 2020 -0,89 M -0,71 M -0,71 M
Net cash 2020 0,01 M 0,00 M 0,00 M
P/E ratio 2020 -1,59x
Yield 2020 -
Capitalization 28,9 M 22,7 M 22,9 M
EV / Sales 2019 -
EV / Sales 2020 4,69x
Nbr of Employees -
Free-Float 57,3%
Chart NEWLOX GOLD VENTURES CORP.
Duration : Period :
Newlox Gold Ventures Corp. Technical Analysis Chart | NGO | CA65151R1001 | MarketScreener
Income Statement Evolution
Managers and Directors
NameTitle
Ryan Jackson President, Chief Executive Officer & Director
Jeffrey Benavides Chief Financial Officer & Director
Gary MacDonald Director
David C. Carkeek Independent Director
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