June 23 (Reuters) - New World Resources Ltd NWC.AX:
RESPONSE TO MEDIA SPECULATION AND INDICATIVE PROPOSAL
CONfiRMS THAT IT RECEIVED AN UNSOLICITED, NON-BINDING, CONDITIONAL AND INDICATIVE PROPOSAL FROM KINTERRA CAPITAL GP CORP.
NEW WORLD CONfiRMS THAT IT RECEIVED AN UNSOLICITED, NON-BINDING, CONDITIONAL AND INDICATIVE PROPOSAL FROM KINTERRA CAPITAL GP CORP. II
BOARD REVIEWING INDICATIVE PROPOSAL
PROPOSAL TO ACQUIRE ALL SHARES IN NEW WORLD THAT IT DOES NOT ALREADY OWN FOR A$0.057 PER SHARE PAID ENTIRELY IN CASH
NO CERTAINTY THAT INDICATIVE PROPOSAL WILL RESULT IN A BINDING TRANSACTION
Further company coverage: NWC.AX
((Reuters.Briefs@thomsonreuters.com;))
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