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New World Resources Sparks Takeover Duel with Kinterra’s Increased Bid
3:01pm on Thursday 17th of July, 2025 AEST
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Mining
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New World Resources Sparks Takeover Duel with Kinterra’s Increased Bid
3:01pm on Thursday 17th of July, 2025 AEST
Key Points
Kinterra raises takeover offer to A$0.066–0.067 per share
Offer now unconditional, surpassing Central Asia Metals’ A$0.065 bid
New World invokes matching rights, giving CAML five business days to respond
Board advises shareholders to hold off on action pending further updates
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