Central Asia Metals plc’s increased offer to buy USA-focused New World Resources Ltd for A$0.062 per NWR share has been matched by its rival and NWR’s largest shareholder. SUBSCRIPTION NWR holds the Antler copper project in Arizona which it describes as “one of the highest-grade emerging copper development projects in the world”. In the third […]
Tag: share offer
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 […]
Ascent might pursue offer for Amur after talks ‘ceased’
Ascent Resources plc said it could still put forward a binding offer for Amur Minerals Corporation after the latter announced this morning that talks on a previous offer had ceased. SURPRISED In June 2023, Ascent planned to bid for Amur which had recently sold its Kun Marie nickel copper sulphide project in Amur Oblast, far […]
Reabold targets stronger hold in Victory discovery
Investment company Reabold Resources plc has offered to acquire additional shares in Corallian Energy Ltd, which could increase its interest from 36.87% to 49.99% in the Victory gas discovery, West of Shetland. The offer will see the acquisition of up to 13.12% of Corallian shares from existing Corallian shareholders, in exchange for Reabold shares, at […]