<div id="readability-page-1"><div><p><span>New World Resources </span><span> received notice that suitor Central Asia Metals (CAML) has withdrawn its bid, following the company's Monday decision to recommend that its shareholders accept Kinterra Capital's revised takeover offer, according to a Tuesday filing with the Australian bourse. </span></p><p><span>Kinterra Capital, through its Critical Materials &amp; Infrastructure Opportunities Fund, offered AU$0.066 per share, increasing to AU$0.067 if its stake in New World exceeds 30% by Thursday. </span></p><p><span>CAML has asked the company to pay the break fee and said it intends to dispose the company's shares in which it has an interest, the filing said.</span></p></div></div>

CAML

<p>New World Resources has received a notice from Central Asia Metals (CAML) regarding the withdrawal of its takeover bid. This follows New World's recommendation for shareholders to accept Kinterra Capital's revised offer of AU$0.066 per share, which could increase to AU$0.067 if Kinterra's stake exceeds 30% by Thursday. CAML has requested a break fee and plans to sell its shares in New World.</p>

New World Receives CAML Takeover Bid Withdrawal Notice