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CAML Boosts New World Resources Offer, Secures 12.1% Stake
8:37am on Friday 27th of June, 2025 AEST
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CAML Boosts New World Resources Offer, Secures 12.1% Stake
8:37am on Friday 27th of June, 2025 AEST
Key Points
CAML acquires 12.1% of New World Resources shares
Offer price raised from A$0.055 to A$0.062 per share
New valuation implies a 121% premium over pre-offer share price
Competing bid from Kinterra remains active
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