Gold World Resources reports on discussions at the Annual Meeting
October 03 2012 - 8:15AM
PR Newswire (Canada)
TSX-V: GDW TORONTO, Oct. 5, 2012 /CNW/ - Gold World Resources Inc.
or (the "Company") reports that at its Annual Meeting held on
September 27, 2012 future developments planned for the Company's
growth were discussed. Hermann Derbuch, Chairman & CEO, stated
that despite the difficult funding climate, thanks to support from
loyal fund managers, employees, creditors and new investors, the
Company was able to pay the second of 3 property payments to
secure, over a 3-year period, the right to own 100 percent of the
Mount Anderson Yukon Project (see press release March 4, 2011).
Based on exploration results from the Mount Anderson Yukon Project
received to date, management is convinced of the quality of the
project and is determined to advance it as quickly and efficiently
as funding support allows. Several opportunities were considered
and are open to be pursued: a) Fundraising by way of Private
Placement b) Joint Venture participations on specific properties c)
Merger with another company The Chairman advised that he has been
in contact with certain larger shareholders and has received
support for such approaches. Although no joint venture has been
signed at this stage, the Chairman expressed his optimism that a
suitable partner can be found or a merger arranged. Hermann Derbuch
also stated that he is looking for a CEO to succeed him and he is
confident that with shareholder support the Company will continue
to grow and prosper. Candidates are encouraged to contact the
Company. About the Company: The Company is a gold and precious
metals exploration company. Its current focus is on the Mount
Anderson Yukon gold/silver, polymetallic project. The Company
recently acquired a polymetallic project in Nova Scotia. ON BEHALF
OF THE BOARD "Hermann Derbuch",
Chairman &
CEO
Gold World Resources
Inc.
Neither the TSX Venture Exchange nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release. Gold World Resources Inc. CONTACT:
Hermann Derbuch, P.Eng.Tel.: 416.594.9888 Fax: 416.594.1967
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