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Why Has Kinterra Offered A$0.057 Per Share for New World Resources?

11:51am on Monday 23rd of June, 2025 AEST Mining
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Why Has Kinterra Offered A$0.057 Per Share for New World Resources?

11:51am on Monday 23rd of June, 2025 AEST
Key Points
  • Unsolicited indicative takeover proposal from Kinterra Capital
  • Offer price set at A$0.057 per share, cash consideration
  • Proposal is non-binding, conditional, and incomplete
  • New World board and advisers reviewing the offer
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