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New World Resources Limited ( (AU:NWC) ) has shared an announcement.
New World Resources Limited has entered into a Scheme Implementation Deed with Central Asia Metals Plc, proposing that CAML will acquire all shares in New World for A$0.05 per share, valuing the company at approximately A$185 million. This transaction offers a significant premium over New World’s recent share prices and is recommended by the company’s directors as being in the best interests of shareholders. The deal is subject to customary conditions, including shareholder and court approvals, and is expected to be implemented shortly after the Scheme meeting in August 2025. The acquisition is set to enhance New World’s value realization and strategic positioning in the market.
The most recent analyst rating on (AU:NWC) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on New World Resources Limited stock, see the AU:NWC Stock Forecast page.
More about New World Resources Limited
New World Resources Limited operates in the mining industry, focusing on copper, gold, and zinc projects in the United States, specifically the Antler Copper Project in Arizona and the Tererro Copper-Gold-Zinc Project in New Mexico.
Average Trading Volume: 6,855,151
Technical Sentiment Signal: Buy
Current Market Cap: A$106.2M
For an in-depth examination of NWC stock, go to TipRanks’ Stock Analysis page.
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