Welcome to our dedicated page for NEW WORLD GOLD news (Ticker: NWGC), a resource for investors and traders seeking the latest updates and insights on NEW WORLD GOLD stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NEW WORLD GOLD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NEW WORLD GOLD's position in the market.
New World Gold Corporation (OTC PINK: NWGC) announced a corporate update on December 14, 2022. The company has faced challenges in regaining its reporting status as a publicly traded entity after losing access to OTC Markets in 2021. New World Gold Corporation has divested Rock Creek Mining & Exploration Co. and returned associated mineral rights. Management is now seeking potential buyers for the publicly traded entity to prevent delisting and ensure shareholder value. CEO Robert Honigford expressed gratitude to shareholders for their support during this transition.
New World Gold Corporation (OTC PINK:NWGC) announced significant issues with OTC Markets, leading to the revocation of its OTCIQ credentials and account closure. The company's management appealed the decision, claiming that the information provided was valid but faced continued skepticism from OTC Markets. In response, CEO Robert Honigford plans to transition to being an SEC Reporter and is seeking a PCAOB Auditor for a 2-year financial audit, which is necessary for a Form 10 filing. The company is also investigating potential misuse of non-public information.
New World Gold Corporation (OTC PINK:NWGC) has provided updates regarding its interest in a 160-acre placer claim in Pennington County, South Dakota. In previous communications, the company noted that the claim lies on federal land and mineral rights would be licensed through its subsidiary, Rock Creek Mining & Exploration Co. However, on July 14, Burgex Mining Consultants terminated their engagement for soil sampling and has issued a full refund. NWGC is now seeking other local mining consultants to proceed with the project.
New World Gold Corporation (OTC PINK:NWGC) announced the acquisition of a 160-acre placer claim in South Dakota, located at GPS coordinates 43.9847°N 103.8563°W. The claim is situated on federal land and mineral rights will be managed by the wholly owned subsidiary, Rock Creek Mining & Exploration Co. Burgex Mining Consultants have been engaged for soil sampling and aerial surveys to support future exploration efforts. CEO Bob Honigford expressed confidence in South Dakota's mining potential, citing its rich history and over 50,000 mining claims.
New World Gold Corporation (OTC PINK:NWGC) announced its second shareholder update on June 18, 2021. The Company has targeted a 315-acre parcel in Silver Springs, NV for future mining expansion due to its clay-rich minerals and strategic location. Additionally, a 160-acre placer claim in South Dakota has been identified, located on federal land and aimed for mineral rights licensing through its subsidiary Rock Creek Mining & Exploration Co. The management is working with Action Stock Transfer to maintain its non-shell status while planning a public Q&A for shareholders.
New World Gold Corporation (OTC PINK:NWGC) has issued its first shareholder update in five years, following its recent reinstatement with the Secretary of State of Florida. This allows the company to engage its Transfer Agent and apply for OTCIQ access. The firm announced the acquisition of Rock Creek Mining & Exploration Co., which holds rights to an 80-acre placer claim in Wyoming. Initial assays indicate the presence of valuable minerals, including gold and lithium. Additionally, Robert J. Honigford has been appointed CEO.
FAQ
What is the market cap of NEW WORLD GOLD (NWGC)?
