Business
Executed Second Deed of Variation
Executed Second Deed of Variation.
About this update from Central Asia Metals Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AND THE INFORMATION CONTAINED IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. PLEASE SEE THE FURTHER INFORMATION SECTION WITHIN THIS ANNOUNCEMENT.\nThis announcement does not constitute an offer to buy or sell securities or a solicitation of an offer to buy, sell or otherwise subscribe for securities in any jurisdiction.\nThis announcement contains information that qualifies or may qualify as inside information within the meaning of Article 7 of the UK Market Abuse Regulation No 596/204 (as on-shored into UK domestic law pursuant to the European Union (Withdrawal Act 2018) (as amended)). Upon the publication of this announcement, via a regulatory information service, such inside information is now considered to be in the public domain.\n\n23 June 2025\nCentral Asia Metals PLC\n(the 'Group', the 'Company' or 'CAML')\nExecuted Second Deed of Variation with New World Resources Limited\nCentral Asia Metals Plc (AIM: CAML) confirms that, following its announcement on 20 June 2025, it has executed the Second Deed of Variation with New World Resources Limited (ASX: NWC) ('NWR') to vary the Scheme Implementation Deed dated 21 May 2025 to increase the cash consideration under the Scheme to A$0.055 per NWR share, valuing NWR at approximately A$204 million. The consideration payable under CAML's proposed Takeover Offer is also A$0.055 per NWR share.\nCAML notes the announcement made by NWR this morning where it confirmed that it had received an unsolicited, non-binding, conditional and indicative proposal from Kinterra Capital GP Corp. to acquire all of the shares in NWR that it does not already own for A$0.057 per NWR share in cash via an off-market takeover offer (the 'Kinterra Offer'). CAML is currently considering the implications of the Kinterra Offer and will notify the market of any further developments.\nImportant Notice\nThis announcement is for information purposes only. No statement in this announcement is intended, or is to be construed, as a profit forecast, profit estimate, or quantified financial benefits statement or estimate for any period. The statements contained in this announcement are ...