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New World Resources Limited (ASX:NWC)

ALERT: Price-sensitive ASX Announcement for NWC
Current share price for NWC : $0.067 0 (0%)+
Announcement
Release
29 Jul 2025 10:24AM
Price at Release
$0.067
Full Release
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Summary
New World Resources Limited (NWC) announced that it has executed a binding unsecured loan facility agreement with Kinterra. This agreement provides NWC with access to additional non-equity funding, supporting the company’s ongoing working capital and development requirements. The loan facility is aimed at supporting NWC’s continued progress and operational activities as it advances its projects. The facility demonstrates Kinterra’s confidence in NWC’s business strategy and the potential of its projects. NWC will utilize the funds to further its corporate objectives and maintain its operational momentum.
Key Points
  • NWC entered into a binding unsecured loan facility agreement with Kinterra.
  • The facility provides NWC with access to additional non-equity funding.
  • Funds will support working capital and project development activities.
  • The agreement underlines Kinterra’s confidence in NWC’s business strategy.
  • The facility will help NWC maintain operational momentum and advance its projects.
  • The announcement date of the agreement is 29 July 2009.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.