Latest NWC News

Kinterra Capital has announced an all-cash $204 million takeover bid for New World Resources, offering a significant premium over a rival bid and recent trading prices. The move positions Kinterra to potentially gain full control of NWR, reshaping the company’s future.

New World Resources has secured a crucial environmental permit for its Antler Copper Project in Arizona, accelerating its path toward construction. This milestone reflects strong state support and positions the company to begin building later in 2025.

New World Resources has increased its scheme offer to 5.5 cents per share, while rival Kinterra proposes a higher 5.7 cents off-market takeover bid. The board is reviewing the competing offers amid uncertainty over the final outcome.

New World Resources has received a conditional, non-binding takeover proposal from Kinterra Capital to acquire all remaining shares at A$0.057 each. The board is currently reviewing the offer amid ongoing market speculation.

Central Asia Metals has increased its cash offer for New World Resources shares to A$0.055 and acquired a 5% stake through on-market purchases, signaling renewed momentum in the takeover bid.

Kinterra Capital has applied to the Takeovers Panel to halt New World Resources’ $10 million placement, arguing it could block rival bids amid an ongoing takeover dispute.

New World Resources Limited has had its trading suspension lifted immediately following a key announcement, reopening market access for investors.

New World Resources has agreed to an enhanced acquisition proposal from Central Asia Metals, including increased cash consideration and a strategic A$10 million placement to accelerate project development.

New World Resources Limited has voluntarily suspended trading as it prepares to announce a significant change of control variation and a $10 million placement to advance its Antler Project in Arizona.

New World Resources has successfully completed a placement of 32 million shares at $0.02 each to its board and senior management, following shareholder approval. This move subtly reshapes the company’s capital structure ahead of its copper and base metals projects in the US.

New World Resources’ Antler Copper Project in Arizona has been designated a FAST-41 Transparency Project, promising a streamlined federal permitting process and reinforcing its strategic role in US critical minerals supply.

New World Resources Limited has entered a binding agreement for acquisition by Central Asia Metals Plc at a significant premium, valuing the company at approximately A$185 million. The transaction, unanimously recommended by New World’s board, is set to complete by September 2025, subject to shareholder and court approvals.