NW New World Resource Corp

New World Resource Corp. ("New World" or the "Company") (TSX
VENTURE:NW)(FRANKFURT:NWU) announces that it has closed its previously announced
amendment to the option agreement (the "Amended Agreement") with Empresa Minera
Marte S.R.L. ("MARTE"). Pursuant to the Amended Agreement, MARTE has been
granted an option to acquire 37.4% of the Company's 75% interest in the Lipena
copper-gold project in southern Bolivia. 


At closing, the Company received US$500,000 from MARTE, representing a partial
payment towards earning 17.4% interest. Pursuant to the terms of the Amended
Agreement, MARTE must pay an additional US$250,000 on or before December 25,
2012 to earn the initial 17.4%. To earn the remaining 20%, MARTE must spend
US$1,250,000 in mineral exploration expenditures on the Lipena copper-gold
project over the next 12 months.


Completion of this transaction will result in MARTE holding 62.4% of the project
and New World will hold 37.6%.


Luis Mercado, an officer of MARTE, is a director and the largest shareholder of
New World. The Amended Agreement constituted a related party transaction
pursuant to Policy 5.9 of the TSX Venture Exchange and Multilateral Instrument
61-101 - Protection of Minority Securities Holders in Special Transactions ("MI
61-101"). The Amended Agreement was exempt from the formal valuation and
minority shareholder approval requirements pursuant to Part 5 of MI 61-101 by
virtue of the financial hardship exemption set forth in Sections 5.5(g) and
5.7(e) of MI 61-101, respectively. The terms of the Amended Agreement were
negotiated by the independent directors of the Company, and Mr. Mercado declared
his interest in the transaction and abstained from voting on it. 


New World Resources CEO, John Lando commented, "With the closing of the
Agreement, New World is focused on evaluating possible projects in mining
friendly jurisdictions while our Lipena copper-gold project benefits from the
US$1.25 million exploration program that will be completed by our partner,
MARTE."


About New World

New World Resource Corp. is a Canadian based exploration company focused on
building a strong, diversified project portfolio within the Americas. The
Company's projects include the Lipena/Bonete copper-gold project and the Pastos
Grandes lithium brine project in Bolivia.


NEW WORLD RESOURCE CORP.

John Lando, President

This news release includes "forward-looking information", as such term is
defined in applicable securities laws. The forward-looking information includes,
without limitation, statements regarding the completion of Marte's obligations
under the Amended Agreement and the Company's evaluation of new projects. This
forward-looking information is given as of the date of this news release. Users
of forward-looking information are cautioned that actual results may vary from
the forward-looking information contained herein. While the Company has based
this forward-looking information on its expectations about future events as at
the date that such information was prepared, the information is not a guarantee
of the Company's future performance and is subject to risks, uncertainties,
assumptions and other factors which could cause actual results to differ
materially from future results expressed or implied by such forward-looking
information. Such factors and assumptions include, amongst others, the effects
of general economic conditions, the price of lithium, changing foreign exchange
rates and actions by government authorities, uncertainties associated with legal
proceedings and negotiations and misjudgments in the course of preparing
forward-looking information. In addition, there are also known and unknown risk
factors which could cause the Company's actual results, performance or
achievements to differ materially from any future results, performance or
achievements expressed or implied by the forward-looking information. Known risk
factors include, among others, risks relating to exploration and development;
the ability of the Company to obtain additional financing; the Company's limited
operating history; the need to comply with environmental and governmental
regulations; political and economic instability and general civil unrest in
Bolivia; potential defects in title to the properties; fluctuations in currency
exchange rates; fluctuating prices of commodities; operating hazards and risks;
competition; and other risks and uncertainties. Although the Company has
attempted to identify important factors that could cause actual actions, events
or results to differ materially from those described in forward-looking
information, there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. There can be no assurance that
forward-looking information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
information. The Company is under no obligation to update or alter any
forward-looking information except as required under applicable securities laws.

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