Newlox Gold Ventures Corp. Announces Revocation of Cease Trade Order and Operational Progress

VANCOUVER, BRITISH COLUMBIA — October 22, 2026 — Leads & Copy — Newlox Gold Ventures Corp. has announced the official revocation of a Cease Trade Order (CTO) previously issued by regulatory authorities. This lifting of the CTO permits the resumption of trading for the Company’s common shares.

The revocation follows the completion and filing of Newlox Gold Ventures Corp.'s requisite financial statements and audit. The audit process encountered complexities and delays attributed to a transitional period that included changes in management, a restructuring of corporate operations, and an extended phase of accounting discovery. The Company's management collaborated closely with advisors and auditors to address all outstanding matters and to implement enhanced internal controls for future operations.

In parallel with resolving these administrative matters, Newlox Gold Ventures Corp. has provided an operational update detailing recent progress over the past six months. The company has undertaken the rebuilding and rehabilitation of critical components of its processing plant in Costa Rica. These efforts were aimed at achieving successful operations and commissioning for the processing of tailings.

Newlox has successfully completed two processing cycles of tailings in conjunction with its Costa Rican Joint Venture partners, ANAMI. ANAMI is an Association comprising legal concession holders within the region. Following the demonstration of continuous processing capability and the ability to offset costs, the Company has identified potential underground mineral sources within the Joint Venture’s concession. A directive for underground development has been established.

This new phase of development has necessitated the engagement of additional industry professionals, including Mining Engineers and Geologists. Furthermore, specific processing equipment is being upgraded to accommodate mined ore. These enhancements are anticipated to improve the economic viability of ongoing efforts. The processing of tailings will continue as a source of material, with available supplies from the community of small-scale artisanal miners.

“We appreciate the patience and ongoing support of our shareholders as we worked through a comprehensive audit and organizational transition,” stated Newlox Management. “With the cease trade order now behind us and two successful processing cycles completed alongside our joint venture partners, we are well-positioned to maintain consistency and implement our outlined objectives which further incorporate the conduct of operating at above and beyond the regulated requirements that are seldom established in conventional Artisanal mining environments.”

Newlox Gold Ventures Corp. is an environmental technology and precious metals recovery company dedicated to sustainable processing solutions and resource development.

Source: Newlox Gold Ventures Corp