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New World Resources Faces Competing Takeover Bids at 5.5 and 5.7 Cents

9:07am on Tuesday 24th of June, 2025 AEST Mining
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New World Resources Faces Competing Takeover Bids at 5.5 and 5.7 Cents

9:07am on Tuesday 24th of June, 2025 AEST
Key Points
  • New World Resources ups scheme cash consideration to $0.055 per share
  • Kinterra submits non-binding indicative takeover proposal at $0.057 per share
  • Board assessing Kinterra’s conditional offer alongside existing CAML scheme
  • No shareholder action required pending company review
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