bullish
The Most Exciting Mining Deal of 2025
SUMMARY
- New World receives an amended deal from CAML for 5.3 cents a share, with a $10 million placement to Camel at the same price.
- Kinterra Capital, who holds a 12% stake in New World, is unhappy with the placement and requests an urgent order to prevent it.
- The placement is conditional on New World not receiving a superior proposal from a third party in the next 14 days, which incentivizes Kinterra to make a takeover bid within that timeframe.
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
Related Insights
More »- New World Resources (NWC AU): Kinterra Tweaks Its Offer Structure and Bumps
- New World Resources (NWC AU): Yes, The Board Is Frustrating Kinterra's Bid
- New World Resources (NWC AU): CAML Raises to A$0.062, Next Move Kinterra
- New World Resources (NWC AU): Kinterra Firms A$0.057/Share Off-Market Offer
- New World Resources (NWC AU): A Brewing Bidding War
Trending Collections
More »Trending Insights
More »- NTT DC REIT IPO: Trading Debut
- Weekly Deals Digest (13 Jul) - Toyota Industries, OneConnect, Great Eastern, Johns Lyng, NTT DC REIT
- Last Week In Event SPACE: Meituan/Prosus, China Medical System, Japanese Banks, New World Dev.
- A/H Premium Tracker (To 11 July 2025): "Beautiful Skew" Continues - BIG AH Premia Compression
- (Mostly) Asia-Pac M&A: Johns Lyng, New World Resources, Oneconnect, Great Eastern, VIOL
Top Unpaywalled Insights
More »- [IO Technicals 2025/28] Bullish Momentum Intensifies
- De-Dollarisation Debate : Unmasking USD Over-Valuation
- US Equities Hit All-Time Highs—but Are Markets Ignoring Growing Risks?
- Why America's Manufacturing Dreams Might Be Economic Nightmares
- Systematic Global Macro: Data, AI, and Models Are Reshaping Investing | New Barbarians AI Agent #05
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
x