Northwire Canada EditionFriday, September 25, 2026
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GOLD 4298.00 −0.5% SILVER 64.00 −1.5% COPPER 6.77 +0.3% OIL 94.61 +2.7% PALLADIUM 1274.00 +0.3% TSLV 0.075 −11.8% ESM 0.160 +0.0% IMM 0.060 +0.0% BRON 0.055 +0.0% NG 10.09 −1.1% EAM 0.075 +0.0% LUG 91.04 −0.7% MOLY 1.73 +1.8% V 0.340 +0.0% AUMB 0.810 −3.6% BYN 1.92 +0.5% RME 0.230 +0.0% TOM 0.195 +0.0% GNG 0.070 +0.0% ETL 0.780 −1.3% SGZ 0.035 +16.7% GOLD 4298.00 −0.5% SILVER 64.00 −1.5% COPPER 6.77 +0.3% OIL 94.61 +2.7% PALLADIUM 1274.00 +0.3% TSLV 0.075 −11.8% ESM 0.160 +0.0% IMM 0.060 +0.0% BRON 0.055 +0.0% NG 10.09 −1.1% EAM 0.075 +0.0% LUG 91.04 −0.7% MOLY 1.73 +1.8% V 0.340 +0.0% AUMB 0.810 −3.6% BYN 1.92 +0.5% RME 0.230 +0.0% TOM 0.195 +0.0% GNG 0.070 +0.0% ETL 0.780 −1.3% SGZ 0.035 +16.7%
Financings

Newlox Gold to extend convertible debentures, warrants

LUX · Price

Executive Summary

  • Newlox Gold Ventures Corp. will amend its $564,000 convertible debentures, extending maturity by 24 months and cutting the interest rate from 10% to 5% per annum.
  • The conversion price of the debentores will be reduced from $0.15 to $0.11 per share, pending CSE approval.
  • Associated 3.76 million common‑share purchase warrants will have their expiry extended to February 28 2028 and the exercise price lowered from $0.25 to $0.15 per share.

Key Details

  • Convertible Debentures:
  • Original aggregate principal: $564,000.
  • Maturity extended from Feb 28 2026 → Feb 28 2028 (+24 months).
  • Interest rate reduced from 10% p.a. → 5% p.a..
  • Proposed conversion price reduction: $0.15 → $0.11 per share (subject to CSE approval).

  • Warrants:

  • Original issuance: 3.76 million common‑share purchase warrants linked to the debentures.
  • Current expiry: Feb 28 2026 at an exercise price of $0.25 per share.
  • Proposed amendment: expiry extended to Feb 28 2028 and exercise price reduced to $0.15 per share (subject to CSE approval).

  • Other Terms: All remaining terms of the debentures and warrants remain unchanged.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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