Kinterra Critical Materials & Infrastructure Opportunities Fund Ii, Lp managed by Kinterra Capital Corp. proposed to acquire remaining 80.84% stake in New World Resources Limited (ASX:NWC) for approximately AUD 200 million on June 22, 2025. A cash consideration of AUD 164.65 million valued at AUD 0.057 per share will be paid by Kinterra Critical Materials & Infrastructure Opportunities Fund Ii, Lp managed by Kinterra Capital Corp. As part of consideration, AUD 164.65 million is paid towards common equity of New World Resources Limited. Upon completion, Kinterra Capital Corp. will own 100% stake in New World Resources Limited. The transaction is subject to consummation of due diligence investigation. As of June 30, 2025, Kinterra Capital Corp. increased its offer price to 0.062 per share. As part of consideration, AUD 179 million is paid towards common equity of New World Resources Limited. As of July 10, 2025 Kinterra?s off-market takeover bid for all shares in the Company at an increased price of AUD 0.063 per share. As of July 17, 2025 Kinterra?s off-market takeover bid for all shares in the Company at an increased price of AUD 0.065 per share. As of July 17, 2025 Kinterra?s off-market takeover bid for all shares in the Company at an increased price of AUD 0.066 per share. As of July 25, 2025 Kinterra?s off-market takeover bid for all shares in the Company at an increased price of AUD 0.067 per share.



Moelis Australia Securities Pty Ltd. and MAFG Operations Pty Ltd have been appointed as financial advisors by Kinterra Capital Corp. Allens is acting as a legal advisor to Kinterra Capital Corp. Boardroom Pty Limited is acting as a registrar to Kinterra Capital Corp.
Hamilton Locke Pty Ltd and Dorsey & Whitney LLP acted as legal advisor to New World Resources Limited. Automic Pty Ltd acted as Transfer agent of New World Resources Limited. Sternship Advisers Pty Ltd. Sternship Advisers Pty Ltd and National Bank Financial, Inc. acted as financial advisor to New World Resources Limited.