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Central Asia Metals Boosts Offer Price, Acquires 5% Stake in New World Resources
7:01am on Saturday 21st of June, 2025 AEST
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Mining
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Central Asia Metals Boosts Offer Price, Acquires 5% Stake in New World Resources
7:01am on Saturday 21st of June, 2025 AEST
Key Points
CAML raises offer price from A$0.053 to A$0.055 per share
On-market purchase of 178.8 million New World shares (5% stake)
Acquisition via Australian Scheme of Arrangement and parallel takeover bid
Deed of Variation to formalize price increase expected soon
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