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NWC — New World Resources News Story

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Brief: New World Resources Says Revised Off-Market Takeover Agreement With CAML

July 7 (Reuters) - New World Resources NWC.AX:

REVISED OFF-MARKET TAKEOVER AGREEMENT WITH CAML

DEAL FOR CASH CONSIDERATION OF A$0.062 PER NEW WORLD SHARE

UNANIMOUSLY RECOMMENDS THAT NEW WORLD SHAREHOLDERS ACCEPT CAML OFFER

CO AND CAML HAVE MUTUALLY AGREED TO TERMINATE PROPOSED A$10M CONDITIONAL EQUITY PLACEMENT

CAML HAS AGREED TO PROVIDE A US$6.5 MILLION UNSECURED LOAN FACILITY

Further company coverage: NWC.AX

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

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