Mr. Ryan Jackson reports

NEWLOX ANNOUNCES A PRIVATE PLACEMENT AND SHARES FOR DEBT TRANSACTION

Newlox Gold Ventures Corp. has arranged a private placement and shares-for-debt transaction. A total of 772,132 common shares and 420,000 warrants are being issued by the company in relation to these transactions.

The private placement has raised a total of $21,000 through the issuance of 420,000 units of the company at a price of five cents per unit. Each unit consists of one common share and share purchase warrant. Each warrant is non-transferable and entitles the holder to purchase an additional Newlox common share for five cents in the first 12 months, 10 cents between month 13 and 24, and 15 cents between months 25 and 36. All unexercised warrants shall expire after a term of three years. The proceeds of this private placement will be allocated to general administrative working capital and operations in Latin America.

In connection with the closing of the private placement, the company will pay finders' fees totalling $770, as well as issue 15,400 compensation warrants on the same terms as the warrants included in the private placement.

In addition to the private placement, 352,132 shares are being issued to WDM Chartered Accountants as full and final compensation for professional services related to the company's audited financial statements dated March 31, 2015.

About Newlox Gold

Newlox Gold is an environmental remediation company recovering contaminants and residual precious metals from historical waste left behind over more than a century of inefficient artisanal and small-scale mining in Latin America. Newlox is collaborating with the Norman B. Keevil Institute of Mining Engineering at the University of British Columbia, and is poised to achieve highly satisfactory results as it commissions its first concentrate plant and beneficiation facility.