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Why Is Kinterra Offering a $204M Premium Bid for New World Resources?

10:32am on Thursday 26th of June, 2025 AEST Mining
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Why Is Kinterra Offering a $204M Premium Bid for New World Resources?

10:32am on Thursday 26th of June, 2025 AEST
Key Points
  • Kinterra offers A$0.057 per share, valuing NWR at approximately A$204 million
  • Bid represents a premium over Central Asia Metals’ A$0.055 per share proposal
  • Kinterra currently holds 19.3% of NWR shares and 62.5 million options
  • Offer subject only to no prescribed occurrences under Corporations Act
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