BRIEF-New World Resources Says CAML Increases Offer Price To A$0.053 Per Share

Reuters

06-20

BRIEF-New World Resources Says CAML Increases Offer Price To A$0.053 Per Share

June 20 (Reuters) - New World Resources Ltd NWC.AX:

CAML INCREASES OFFER PRICE TO A$0.053 PER SHARE
CAML COMMITS TO A$10 MILLION FUNDING VIA SHARE PLACEMENT
REVISED PROPOSAL VALUING NEW WORLD AT APPROXIMATELY A$197 MILLION
DIRECTORS UNANIMOUSLY RECOMMEND NEW WORLD SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
PLACEMENT AT A$0.053 PER SHARE

Further company coverage: NWC.AX

((Reuters.Briefs@thomsonreuters.com;))

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