Newlox Gold Ventures Corp.
Statements in this news release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the company can fulfill such forward-looking statements and the company undertakes no obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the company, some of which are beyond the company’s control.
Newlox Gold Strengthens Management Team
Vancouver, 6 October 2014 - Newlox Gold Ventures Corp. (“Newlox” or “the Company”) (CSE: LUX, XETRA®: NGO) is pleased to announce strengthening of its management team as it advances its corporate objectives. Gary MacDonald, previously an Advisor to the Company's Board of Directors (the "Board"), has been appointed as Chief Executive Officer, while Ryan Jackson has been appointed President. Mr. Donald Gordon has been appointed Chairman of the Board.
Mr. MacDonald possesses over 25 years’ experience in the Natural Resource sector with an extensive background in mining. He currently serves on the board of several public and private companies with extensive domestic and international projects. He represents the fifth generation of a prominent Canadian mining family and possesses a wide knowledge of current and historical mining practices. Mr. MacDonald has worked with several financial and venture capital organizations over the past 25 years in Canada, US, Europe, and Asia. He has experience in investment management and banking, mergers and acquisitions, institutional financings, corporate and capital structuring.
Mr. Jackson holds two degrees from McGill University in Canada: one in Environmental Science and one in Political Science. Mr. Jackson has corporate and operational experience in the mining sector and has served as the Canadian Editor of a European mining industry publication for the past three years.
“Mr. MacDonald and Mr. Jackson have extensive experience in all facets of mining, including engineering, permitting, construction and operations; particularly in Canada, the US, and Latin America,” stated Mr. Gordon. “Newlox will greatly benefit from this wealth of experience as we advance the Company through the next stages of development.”
Newlox Gold Ventures Corp.
Statements in this news release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the company can fulfill such forward-looking statements and the company undertakes no obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the company, some of which are beyond the company’s control.
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 company has commenced gold concentrate production in Latin America where management have secured access to multiple stockpiles of high grade gold bearing feed material . 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.
The longer term objective of Newlox Gold Ventures Corp . is to establish a dividend paying enterprise which will allow its shareho lders 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.
Website: www.newloxgold.com
Ryan Jackson, President Tel: +1 778 998 0867
Email: [email protected]
On Behalf of the Board, Newlox Gold Ventures Corp. Email: [email protected]