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Newlox Gold Ventures Files Full-Year Financial Statements
Vancouver, BC – TheNewswire - 29 August 2022 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE:LUX) | (Frankfurt/Stuttgart:NGO) | OTC:NWLXF) has fil
About this update from Newlox Gold Ventures Corp.
[{"type":"text","content":"Vancouver, BC – TheNewswire - 29 August 2022 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE:LUX) | (Frankfurt/Stuttgart:NGO) | OTC:NWLXF) has filed its Full-Year Audited Financial Statements and Management Discussion & Analysis, which are available to the public on www.sedar.com. Included in the Financial Statements is the Independent Auditor’s Report, which provided a positive report stating that, “the accompanying financial statements present fairly, in all material respects, the financial position of the Company as at March 31, 2022, and 2021, and its financial performance and its cash flows for the years then ended in accordance with International Financial Reporting Standards.” Although the delayed financial statements have been frustrating, Newlox Gold’s management team is highly encouraged concerning the Company’s outlook and progress being made in operations. The Company is poised to perform admirably over the coming months as it continues to increase gold sales and expand at new projects. Management believes that Newlox Gold is well positioned with a strong treasury, increasing productivity, rising revenues, and significant blue-sky opportunities at its expansion projects in Costa Rica and Colombia. Forward-Looking Information The information in this news release includes 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 assuranc...