Northwire Canada EditionMonday, November 9, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
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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