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Kinterra Moves to Block New World Resources’ $10M Placement Amid Takeover Tensions

10:32am on Friday 20th of June, 2025 AEST Mining
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Kinterra Moves to Block New World Resources’ $10M Placement Amid Takeover Tensions

10:32am on Friday 20th of June, 2025 AEST
Key Points
  • Kinterra holds 11.99% stake in New World Resources
  • NWC entered Scheme Implementation Deed with Central Asia Metals
  • NWC seeks $10 million placement to advance Antler Project
  • Kinterra claims placement frustrates potential competing bids
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