お知らせ • May 21
Central Asia Metals plc (AIM:CAML) entered into a definitive Scheme Implementation Deed to acquire New World Resources Limited (ASX:NWC) for approximately AUD 180 million. Central Asia Metals plc (AIM:CAML) entered into a definitive Scheme Implementation Deed to acquire New World Resources Limited (ASX:NWC) for approximately AUD 180 million on May 21, 2025. Central Asia Metals plc will acquire 3.5 billion shares at a price of AUD 0.05 per share and AUD 1.3 million were paid towards the options. The transaction is immediately accretive to Central Asia Metals plc's NAV per share based on analysts' consensus NAV per share estimates for Central Asia Metals plc and the Antler Project PFS. The Transaction is to be funded from existing cash reserves and approximately AUD 190 million ($120 million) new credit facility from a syndicate of leading international lending banks. If the transaction is terminated by New World Resources Limited, then the company must pay the termination fee of AUD 1.9 million to Central Asia Metals plc and simultaneously, if Central Asia Metals plc terminates the transaction, then the company must pay the termination fee of AUD 1.9 million to New World Resources Limited.
The transaction is subject to receipt of specified US and North Macedonian regulatory approvals, An independent expert concluding and continuing to conclude that the Transaction, the approval of New World Resources Limited shareholders and requisite Australian Court approval. The deal has been unanimously approved by the board of directors of Central Asia Metals plc and New World Resources Limited. The board of directors of New World Resources Limited consider that the Scheme is in the best interests of its shareholders and unanimously recommend that shareholders vote in favor of the Scheme. Scheme meeting is expected to be held in August 2025, and the Transaction is expected to be implemented in early September 2025.
Thomas Rider, Pascal Lussier Duquette and Jonathan Reard of BMO Capital Markets Limited acted as exclusive financial advisor to Central Asia Metals plc. Mayer Brown LLP and Mayer Brown International LLP acted as legal advisor for US and UK counsel to Central Asia Metals plc. Clayton Utz acted as legal advisor for Australian counsel to Central Asia Metals plc. Ross Allister, David McKeown and Emily Bhasin of Peel Hunt LLP acted as financial advisor to Central Asia Metals plc. Sternship Advisers Pty Ltd. acted as financial advisor to New World Resources Limited. National Bank Financial, Inc. acted as financial advisor to New World Resources Limited. Hamilton Locke Pty Ltd acted as legal advisor to New World Resources Limited. Dorsey & Whitney LLP acted as legal advisor to New World Resources Limited. Automic Pty Ltd. acted as registrar to New World Resources Limited. お知らせ • Mar 07
New World Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 14.64 million. New World Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 14.64 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 700,000,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.001
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,000,000
Price\Range: AUD 0.02
Transaction Features: Subsequent Direct Listing お知らせ • Feb 24
New World Resources Limited Appoints Gil Clausen to Board of Directors as A Non-Executive Director New World Resources Limited announced the appointment of highly experienced US-based mining executive Mr. Gil Clausen to its Board of Directors as a Non-Executive Director. Mr. Clausen has a proven track record of successful leadership in the mining industry, with over 30 years of executive, financial, operations, business development, engineering and project management experience. He has led major mining operations, raised over a billion dollars in debt and equity, and managed large engineering and construction projects. He was most recently President and CEO and Director of Copper Mountain Mining Corporation, which was acquired by Hudbay Minerals Inc. in June 2023. Prior to that, Mr. Clausen was a founding member, President and CEO and Director of Brio Gold Inc., which was acquired by Leagold Mining Corp. in May 2018, as well as a founding shareholder, President and CEO and Director of Augusta Resource Corporation (then owner of the Rosemont copper project in Arizona), which was acquired by Hudbay Minerals Inc. in September 2014. Mr. Clausen was also a member of the Board of Directors at Arizona Mining Corporation, owner of the Hermosa high grade base metals project in Arizona. Mr. Clausen was also Executive Vice President, Mining at Washington Group, International Inc., Vice President Operations at Stillwater Mining, and held various operating roles at Placer Dome. He is currently Executive Chair of Plata Latina Minerals Corporation. Mr. Clausen is based in Denver and has Bachelors and Masters Degrees in Mining Engineering from Queen's University. お知らせ • Oct 02
New World Resources Limited, Annual General Meeting, Nov 27, 2024 New World Resources Limited, Annual General Meeting, Nov 27, 2024. Reported Earnings • Oct 01
Full year 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in FY 2023) Full year 2024 results: AU$0.001 loss per share (in line with FY 2023). Net loss: AU$2.93m (loss widened 17% from FY 2023). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. New Risk • Oct 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Revenue is less than US$1m (AU$279k revenue, or US$193k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (AU$8.1m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (€37.1m market cap, or US$41.3m). New Risk • Sep 01
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$3.1m Forecast net loss in 3 years: AU$8.1m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue is less than US$1m (AU$279k revenue, or US$189k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$8.1m net loss in 3 years). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (€40.0m market cap, or US$44.2m). New Risk • Jul 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (AU$279k revenue, or US$182k). Minor Risks Shareholders have been diluted in the past year (35% increase in shares outstanding). Market cap is less than US$100m (€32.5m market cap, or US$35.2m). お知らせ • Apr 25
Koba Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 20.416428 million. Koba Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 20.416428 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 567,123,010
Price\Range: AUD 0.036
Discount Per Security: AUD 0.00216
Transaction Features: Subsequent Direct Listing お知らせ • Apr 16
Koba Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 20.416428 million. Koba Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 20.416428 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 567,123,010
Price\Range: AUD 0.036
Discount Per Security: AUD 0.00216
Transaction Features: Subsequent Direct Listing Breakeven Date Change • Feb 16
No longer forecast to breakeven The analyst covering New World Resources no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$92.8m in 2026. New forecast suggests the company will make a loss of AU$18.5m in 2026. お知らせ • Nov 21
New World Resources Limited (ASX:NWC) completed the acquisition of 100% interest in Additional Mineral Rights at Antler Copper Project, Arizona. New World Resources Limited (ASX:NWC) entered into binding agreement to acquire 100% interest in Additional Mineral Rights at Antler Copper Project, Arizona for $0.85 million on November 8, 2023. Pursuant to an agreement with (a) Santa Fe Pacific Railway Company, which owns the mineral rights; and (b) a subsidiary of Newmont Corporation, which holds a lease over the mineral rights, New World has agreed to purchase a 100% interest in the mineral rights that cover a total of approximately 1,000 acres (Private Blocks A and B; see above and Figure 1). Consideration payable is: (i) $0.85 million in cash; and (ii) Assignment of a 3.0% Net Smelter Return (“NSR”) royalty on any and all production. Closing is scheduled for late November 2023. Colin Aaronson and Samantha Harrison of Grant Thornton acted as financial advisor to Trident.New World Resources Limited (ASX:NWC) completed the acquisition of 100% interest in Additional Mineral Rights at Antler Copper Project, Arizona on November 21, 2023. お知らせ • Nov 11
New World Resources Limited (ASX:NWC) entered into binding agreement to acquire 100% interest in Additional Mineral Rights at Antler Copper Project, Arizona for $0.85 million. New World Resources Limited (ASX:NWC) entered into binding agreement to acquire 100% interest in Additional Mineral Rights at Antler Copper Project, Arizona for $0.85 million on November 9, 2023. Pursuant to an agreement with (a) Santa Fe Pacific Railway Company, which owns the mineral rights; and (b) a subsidiary of Newmont Corporation, which holds a lease over the mineral rights, New World has agreed to purchase a 100% interest in the mineral rights that cover a total of approximately 1,000 acres (Private Blocks A and B; see above and Figure 1). Consideration payable is: (i) $0.85 million in cash; and (ii) Assignment of a 3.0% Net Smelter Return (“NSR”) royalty on any and all production. Closing is scheduled for late November 2023. Breakeven Date Change • Oct 02
No longer forecast to breakeven The analyst covering New World Resources no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$92.8m in 2026. New forecast suggests the company will make a loss of AU$16.6m in 2026. お知らせ • Sep 08
New World Resources Limited, Annual General Meeting, Nov 09, 2023 New World Resources Limited, Annual General Meeting, Nov 09, 2023. Agenda: To consider the re-election of directors. Breakeven Date Change • Mar 18
Forecast to breakeven in 2025 The analyst covering New World Resources expects the company to break even for the first time. New forecast suggests losses will reduce by 62% per year to 2024. The company is expected to make a profit of AU$2.95m in 2025. Average annual earnings growth of 95% is required to achieve expected profit on schedule. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Tony Polglase was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Breakeven Date Change • Jul 12
Forecast to breakeven in 2025 The analyst covering New World Resources expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$2.95m in 2025. Average annual earnings growth of 77% is required to achieve expected profit on schedule. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Tony Polglase was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year earnings released - €0.0014 loss per share Over the last 12 months the company has reported total losses of AU$1.22m, with losses narrowing by 84% from the prior year.