Vancouver, BC / ACCESSWIRE / October 2, 2014 / Newlox Gold Ventures Corp. ("Newlox" or "the Company") (CSE: LUX, XETRA(R): NGO) is pleased to report that all matters placed before the shareholders at its Annual General held on 30 September 2014, were approved. The voting report of the Annual General Meeting is available for review on SEDAR.
The board of directors was unanimously re-elected for fiscal 2015.
About Newlox Gold Ventures Corp.
Newlox Gold Ventures Corp. is a new gold processing and trading company pursuing precious metal related business opportunities in Latin America.
The longer term objective of Newlox Gold Ventures Corp is to establish a dividend paying enterprise which will allow its shareholders to not only participate in equity value growth but also to share in profits, all the while contributing to an environmental clean-up effort and setting a high standard of social responsibility.
The company has commenced gold concentrate production in Latin America where management have secured access to multiple high grade stockpiles. With the material deposited on surface, the operation is expected to achieve remarkably low production costs given that exploration, mining, and crushing, the most expensive portions of a traditional gold producing operation, are entirely unnecessary.
The Company's first processing plant is now operational and is in the final stages of commercialization. Management anticipate the operation will rapidly deliver positive cash flow which will be put to work, supporting organic growth in the region.
Website: www.newloxgold.com
Ryan Jackson, VP, Corporate Development Tel: +1 778 998 0867
Email: [email protected]
On Behalf of the Board, Newlox Gold Ventures Corp. Email: [email protected]