New World Resources Receives CAML Acquisition Offer with Dual Exit and AUD 10M Funding

Fri 20 Jun 25, 05:09 AM | Team Kalkine

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Highlights

New World Resources Limited (ASX:NWC) is focused on the development of the Antler Copper Project in Arizona, United States. The project involves exploration and advancement of a high-grade copper resource with potential strategic significance for the U.S. critical minerals supply chain.

The company has announced a revised acquisition proposal from Central Asia Metals Plc, offering shareholders AUD 0.053 per share up from the previously announced AUD 0.050. This enhanced consideration represents a 107.5% premium to NWC’s 30-day volume-weighted average price (VWAP) leading up to May 20, 2025, and values the company at approximately AUD 197 million.

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