SOURCE: New World Gold Corporation

April 28, 2014 07:00 ET

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 or investors can find real time quotes and market information for the Company on

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.

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