Central Asia Metals plc has appointed Alison Baker to the board as an independent non-executive director, with immediate effect. Ms Baker will also be a member of the audit and nomination committees and become chair of the audit committee from 3 September 2025. She will replace current audit chair and NED of 11 years, David […]
Tag: Central Asia Metals plc
Central Asia increases offer for NWR
Central Asia Metals plc has increased its offer for 100% of New World Resources Ltd’s issued share capital from A$0.062 to A$0.065 per NWR share. RIVAL The new offer values the acquisition at approximately A$240 million. Central Asia’s unconditional offer is open for acceptance until 7pm (Sydney time) on 18 August 2025, unless extended. The […]
Central makes new offer for NWR
Central Asia Metals plc has offered to acquire the outstanding shares that it does not own in its target acquisition New World Resources Ltd via a NWR board recommended off-market takeover bid. MUTUAL The Australian explorer owns the Antler copper project in Arizona, the 4,000-acre Javelin project near Antler and the Tererro copper-gold-zinc project in […]
Central increases offer for NWR
Central Asia Metals plc has further increased its offer to buy New World Resources Ltd as it watches a rival bid for the US-focused base metal explorer. IMPLICATIONS Central, with interests in Kazakhstan, North Macedonia and Scotland, first made its offer in May to acquire 100% of NWR. On 20 June it bought 178,800,056 NWR […]
Central buys stake in target acquisition
Central Asia Metals plc today bought 178,800,056 shares in, and agreed a revised deal for, its proposed 100% acquisition of New World Resources Ltd, which holds the Antler copper project in Arizona, USA. BASE METALS The A$98,340 (£47,210) on-market purchase, at A$0.055 per share, represents 5% of the Australian company’s issued capital. In May the […]
Central grants 704,807 share awards to executives
Central Asia Metals plc has granted an aggregate 704,807 nominal cost long-term share awards over ordinary shares in the company to executive directors. INTERESTS Granted under Central’s long-term incentive plan 2022, each award has an exercise price of $0.01 per ordinary share. Chief executive officer Gavin Ferrar received 397,115 awards and now holds 1,250,043. Chief […]