New World Gold Corporation Shows Increased Revenues and Profits in the First Quarter of 2014
April 28 2014 - 6:00AM
Marketwired
New World Gold Corporation Shows Increased Revenues and Profits in
the First Quarter of 2014
BOCA RATON, FL--(Marketwired - Apr 28, 2014) - New World Gold
Corporation (PINKSHEETS: NWGC) a gold mining company with existing
operations in Ecuador and Peru today released its financial results
for the First Quarter ended March 31, 2014. The Company continues
to show significant growth with improved revenues and profits in
existing operations
Revenue for the First Quarter ended March 31, 2014 was
$2,488,516 versus $1,673,919 last year. This is an increase of
$814,597 (48.7%). The net profit for the first quarter ended March
31, 2014 was $750,608 versus $378,164 last year, an increase of
$372,444 (98%).
The Company expects to increase operations in 2014 and projects
that its 2014 revenues and profits will substantially increase
compared to the results obtained in 2013.
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 (516) 210 8496 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 actual 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 statement, to reflect events or circumstances
afterward, or to disclose unanticipated occurrences except as
required under applicable law.
New World Gold Corporation (516) 210 8496
www.newworldgoldcorp.com
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