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New World Resources Limited (ASX: NWC) has announced an enhanced takeover offer from Central Asia Metals Plc, with the offer price raised to AU$0.065 per share. CAML has waived all conditions, making the offer unconditional and ensuring payment within five business days of valid acceptance. The revised bid includes a new US$6.5 million unsecured loan facility, no longer contingent on CAML gaining majority control.
The New World Board has unanimously recommended shareholders accept the CAML Offer, declaring it superior in both pricing and terms compared to the existing Kinterra Offer. The CAML Offer opens today and is set to close on 18 August 2025, unless extended. Shareholders are advised to take no action on the Kinterra Offer and to await further details in the upcoming Target’s Statement. This move strengthens the strategic alignment between New World and CAML while offering shareholders enhanced value and certainty.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
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Jul 17, 2025
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.