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Newlox Gold Ventures Corp C.LUX

Alternate Symbol(s):  NWLXF

Newlox Gold Ventures Corp. is a Canada-based environmental reclamation and mineral recovery company. The Company is engaged in the business of operating tailings remediation and gold recovery facilities in Costa Rica. The Company is focused on developing gold projects through precious metals recovery from mining waste. The Company produces gold through environmental remediation by recovering residual precious metals and contaminants from historical tailings. The reclamation process is designed to provide environmental remediation and gold production. The Company’s wholly owned subsidiary, Oro Roca, S.A., has built an environmental reclamation facility in Central America.


CSE:LUX - Post by User

Comment by brewster123on Nov 04, 2024 4:35pm
18 Views
Post# 36296028

RE:Sent an email to the company

RE:Sent an email to the companyI have sent emails to Ryan on two separate occasions since the CTO and both times received a response from him within 24 hours - see below:

Thank you for your interest in Newlox Gold.
 
Yes, we are very frustrated with the delay in filing the annual audit.
 
Management has been working closely with the Company’s independent auditing firm to expedite the filing. The auditors have indicated to us that they are in the final stages of the process. However, given that an independent accounting firm conducts the audit, the exact timing of the audit completion is beyond management’s control, and we are not relaying their estimates to the market since it is beyond our ability to hold the firm to its targets. Every effort is being made to support the auditors in their work, and all requested documentation has been submitted.
 
The Company intends to make significant changes to the accounting and auditing process to avoid this type of delay in the future.


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