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New World Resources Announces Board Changes Amid Takeover

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New World Resources Announces Board Changes Amid Takeover

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The latest announcement is out from New World Resources Limited ( (AU:NWC) ).

New World Resources Limited has announced a significant change in its board of directors following an unconditional off-market takeover bid by Kinterra Capital GP Corp. II. The takeover, which involves the compulsory acquisition of remaining shares, has led to the resignation of Michael Haynes as a director and the appointment of Cheryl Brandon, Kanwaljit Toor, and Laura Fernandez as non-executive directors, effective from August 20, 2025.

The most recent analyst rating on (AU:NWC) stock is a Buy with a A$0.07 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 in Arizona and New Mexico.

YTD Price Performance: 272.22%

Average Trading Volume: 33,835,707

Technical Sentiment Signal: Buy

Current Market Cap: A$243.4M

See more insights into NWC stock on TipRanks’ Stock Analysis page.

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