Kinterra Critical Materials & Infrastructure Opportunities Fund Ii, Lp managed by Kinterra Capital Corp. acquired an additional 7.17% stake in New World Resources Limited (ASX:NWC) from RCF Opportunities Fund II L.P. managed by RCF Management, LLC for AUD 14.3 million on June 22, 2025. A cash consideration of AUD 14.35 million valued at AUD 0.056 per share will be paid by Kinterra Critical Materials & Infrastructure Opportunities Fund Ii, Lp managed by Kinterra Capital Corp. As part of consideration, AUD 14.35 million is paid towards common equity of New World Resources Limited. Upon completion, Kinterra Capital Corp. will own 19.16% stake in New World Resources Limited.

Charles Ashton and Guy Alexander of Allens acted as legal advisor for Kinterra Capital Corp.

Kinterra Critical Materials & Infrastructure Opportunities Fund Ii, Lp managed by Kinterra Capital Corp. completed the acquisition of an additional 7.17% stake in New World Resources Limited (ASX:NWC) from RCF Opportunities Fund II L.P. managed by RCF Management, LLC on June 22, 2025.