New Guinea Gold Corp (CE) (NGUGF) News

I wonder if this stock will make it thru the OTC purge this Fall

$NGUGF @ .0055!

$NGUGF @ .0025!

NGUGF huge volume Friday

NGUGF solid gold company

NGUGF is warming up

NGUGF 5.25 million dollars sub. comp. sale

NGUGF~~ NEW GUINEA GOLD ANNOUNCES SALE OF PNG SUBSIDIARY
May7, 2014, Vancouver, British Columbia, New Guinea Gold Corporation (“
NGG" or
the
“Company”) (TSXV: NGG)
is pleased to announce that is has entered into
a Memorandum of
Understanding
(the "
MoU
") with Kibush Capital Corporation ("KCC") pursuant to which KCC
has agreed to purchase all of the issued and outstanding shares in the capital of NGG's PNG
subsidiary,
New Guinea Gold Limited ("NGGL")
.
Under the terms of the
MoU
, KCC will pay NGG US$5.25 million, net of certain liabilities, to
acquire NGGL.
KCC will
assume responsibility for certain liabilities held by NGGL as at
April 30, 2014 and will
be granted man
agement rights to the Mt Sinivit goldmine, operated in
PNG by NGGL
, as at May 15, 2014. KCC
will assume responsibilities for all creditors, loans
and legal obligations of NGGL from that date.
The
t
ransaction is subject to customary provisions, and is conditional upon, among other
things, the approval of
NGG
shareholders and the receipt of
any
applicable regulatory
approvals.
The Board of Directors of
NGG
has unanimously approved entering into the
M
oU
and will
recommend that
NGG
shareholders approve the
t
ransaction at a special meeting of
shareholders to be convened and held for the purpose of approving the
t
ransaction. Full details
of the
t
ransaction will be included in a management information circ
ular and related proxy
materials (collectively, the "Circular") to be mailed to shareholders in accordance with
applicable securities laws.
NGG
expects
to hold a special meeting of shareholders in late July
2014.
The Board of Directors' recommendation fol
lows an extensive process by the Company to
secure additional viable financing needed to meet
not only current operational requirements,
but to fund the next phase of the Mt Sinivit mine. The Board of Directors believe the
t
ransaction provides the best out
come not only for the Company, but its shareholders,
employees and creditors, and provides a long
-
term future for the Mt Sinivit mine.
About
Kibush Capital Corporation
Kibush Capital identifies companies with proven products that can be sold immediately to
produce revenue. It is looking for opportunities that can be scaled up quickly and Kibush
Capital will provide the management and financial expertise to move its acquisition to another
level.
ON BEHALF OF THE BOARD
Greg Heaney
Director

http://www.newguineagold.ca/announcements/2014/New%20Guinea%20Gold%20Announces%20Sale%20Of%20PNG%20Subsidiary%20may%207.pdf

NGUGF 21.95% up profitable gold company

NGUGF(.002) posted $439,720 dollars NET profit..

Quarter ended September 30, 2013
The Company reported a profit before income tax for
the quarter ended September 30, 2013 of $1,001,559
or $0.003 per common share compared to a net profit of
$965,667 or $0.004 per common share, for the
corresponding quarter last year. The result for the
September quarter was materially influenced by the
reversal of a significant provision ($462,493) during the period, and the valuation of inventory as at September 3
0. The reversal of the provision was in relation to a claim against the Company by former employees. After consideration
of the matter, the Company has determined that it i
s appropriate to carry this amount as a contingency
and not a current liability The net profit for the quarter ended September 30, 2013 includes results from mining operations,
which produced a net operating profit of $439,720.
This net mining operating profit included metal sales, net of
refining and royalty costs, of $456,404.

PAGE 3

http://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00004817&fileName=/csfsprod/data148/filings/02140119/00000001/C%3A\SEDAR\NGG\FS130930Q3MDA.pdf

NGUGF JUST 219K VOLUME CLOSED 1567% UP......

NGUGF 516% up very thin gold stock

NGUGF~~ READ THIS I LIKE IT

Corporate Activity

The Board and Executives are still progressing discussions with several potential counter parties with a view to completing
a transaction that will maximize value to shareholders and
secure the future of the Sinivit mine and associated exploration licenses. The Company will update shareholders on the status of these discussions as they progress

http://www.newguineagold.ca/announcements/2013/Company%20Update%204-11-13%5B1%5D.pdf

NGUGF is ready to rock

NGUGF concrete gold mine

NGUGF is undervalued

NGUGF gold mine was 1 dollar one time

NGUGF~~ is coming back to the life i guess..

Dump it baby

NGUGF insiders holds 118 million shares


Philip John Dadson holds 53,221,446 common shares of NGG.V
( HE PAID 22 CENTS for 26.5 million shares. and 11 cents for 26.5 million shares)

Macmin Silver Ltd. holds 10,847,020 common shares

PNG Gold Corporation holds 26,855,994 common shares

NGG.V CEO Greg Heaney holds 19,000,000 common shares

NGG.V director Arthur Alexander holds 5,000,000 common shares

NGG.V chairman Ces Edward Lewago holds 1,010,000 common shares

Peter Andrew Mcneil holds 761,340 common shares

Abtar Berar holds 110,000 common shares

NGUGF is a gold company

NGUGF posted 140,504 dollars profit..

NGUGF posted profit Q1 out..