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Sunday, August 1, 2021

New World Gold Corp (OTCMKTS: NWGC) Officialy Reinstated, Powerful RM Play Forming

New World Gold Corp (OTCMKTS: NWGC) has been on the move northbound in recent days as the stock continues to be under heavy accumulation from a fast-growing shareholder base. NWGC is emerging as an investors favorite and is currently among the most actively searched and talked about stocks in small caps. NWGC has certainly got investors’ attention as it continues to make new highs as it rockets into pennyland on powerful blue-sky breakout, on Friday alone NWGC topped $6 million in dollar volume. NWGC is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars.  

NWGC has been getting noticed by investors as new CEO Mark Miller looks to get the Company’s filings up to date and up list to “pink current” Recently NWGC has had court proceedings and on Friday the Company was officially reinstated. Speculation on NWGC but it looks like Reverse Merger is coming here. RM stocks are the most exciting segment of the OTC rivaling only biotech’s in their ability to make spectacular short-term gains. 

New World Gold Corp (OTCMKTS: NWGC) is a clean shell incorporated in Florida that was originally listed in 1998. The Company operated as a gold mining and milling company with existing operations in Ecuador and Peru. The Company’s BR Mine in Ecuador was expected to do big things with New World Gold stating in 2015: “Once in full production, the Company has forecast gold production from the BR Mine to be 6 grams of gold per ton from the projected processing of 100 tons of ore per day (20 ozs of gold). The royalty will be paid to “qualifying shareholders” and will be up to 25% per year or a maximum of $2,000,000 US of the revenue from annualized production solely from the BR Mine. (The Company cannot guarantee the amount of the royalty, in whole or in part, due to multiple variables.) 

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NWGC

ROCK CREEK MINING WITLL BE MERGED INTO NWGC AND IT IS SMACK IN THE THICKEST PINK LINE... In a November 10, 2015 press release (the last pr the Company released) NWGC stated: “Assuming a maximum $2,000,000 royalty to be paid per year against a maximum of all the Company’s authorized shares of common stock, 3,000,000,000 shares, the royalty would equate to $.0007 per share per year. nce production begins, royalties will be accrued by the Company per calendar month, and paid at six month calendar intervals after October 30, 2015, for as long as the BR Mine is in production, but for a period not to exceed 24 months, or until October 30, 2017, after which the royalties will terminate. ach royalty payment shall be made within the first 75 calendar days following the end of its respective six month accrual period. 

Each shareholder initially qualifying as of October 30, 2015 will receive a written confirmation from the Company of their qualification to receive the royalty (pending their holdings on April 29, 2015) not later than January 31, 2016. In response to the Company letter, the shareholder may provide payment instructions, including directing payment to the shareholder or her/his successors or assigns. (If you believe you qualified for a royalty payment but did not receive a confirmation, please contact the Company by email not later than February 15, 2016.) 

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NWGC has been on the move northbound in recent weeks as the stock continues to be under heavy accumulation from a fast-growing shareholder base. NWGC is emerging as an investors favorite and is currently among the most actively searched and talked about stocks in small caps. NWGC has certainly got investors’ attention as it continues to make new highs as it rockets into pennyland on powerful blue-sky breakout, on Friday alone NWGC topped $6 million in dollar volume. NWGC is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars. NWGC has been getting noticed by investors as new CEO Mark Miller looks to get the Company’s filings up to date and up list to “pink current” Recently NWGC has had court proceedings and on Friday the Company was officially reinstated. Speculation on NWGC but it looks like Reverse Merger is coming here. RM stocks are the most exciting segment of the OTC rivaling only biotech’s in their ability to make spectacular short-term gains. We will be updating on NWGC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with NWGC.

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Disclosure: we hold no position in NWGC either long or short and we have not been compensated for this article.

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