New World Gold Corporation (NWGC)

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New World Gold Corporation to Enhance Shareholder ValueFont size: A | A | A
7:00 AM ET 8/12/14 | BusinessWire
New World Gold Corporation (OTC Pink: NWGC) a gold mining and milling company with existing operations in Ecuador and Peru is pleased to announce that it will begin a buy back of 20,000,000 of its common shares under Sections 9(a)(2) and 10(b) of the Exchange Act and Rule 10b-5 under the Exchange Act when issuers repurchase their common stock in the market in accordance with the Rule's manner, timing, price and volume conditions. Each of the conditions of Rule10b-18 must be satisfied on each day that the repurchase is made. The initial repurchase will be completed by December 31, 2014.

The financial results for the second quarter ending June 30,2014 shows revenues of $4,990,196 and net profits of $1,503.621.

New World Gold Corporation trades in the United States on the OTC Pink under the symbol "NWGC." For further information, please contact the Company at [phone] or www.newworldgoldcorp.com or investors can find real time quotes and market information for the Company on www.otcmarkets.com.

NOTE: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving risks and uncertainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause results, expressed or implied to differ from predicted outcomes. Risks and uncertainties include but are not limited to product demand, market competition and New World Gold's ability to meet current and future plans. Investors should study and understand all risks before making an investment decision. Readers are recommended not to place undue reliance on forward-looking statements or information. New World Gold is not obligated to publicly release revisions to any forward-looking statements, to reflect events or circumstances afterward, or to disclose unanticipated occurrences except as required under applicable law.

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20140812005258r1&sid=cmtx6&distro=nx&lang=en

SOURCE: New World Gold Corporation

New World Gold Corporation
Robert Talbot, 561-210-8496
www.newworldgoldcorp.com