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Kinterra Raises NWR Offer Price, Eyes Unconditional Bid at 30% Stake

9:15am on Thursday 10th of July, 2025 AEST Materials
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Kinterra Raises NWR Offer Price, Eyes Unconditional Bid at 30% Stake

9:15am on Thursday 10th of July, 2025 AEST
Key Points
  • Offer price increased from A$0.062 to A$0.063 per NWR share
  • Potential further increase to A$0.064 if 30% ownership threshold is met
  • Offer becomes unconditional upon reaching 30% stake
  • Kinterra claims superior funding and terms compared to CAML bid
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