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London South East (registration) (blog) - Jun 29, 2016
New World Resources said back in May that it expected to distribute around EUR8.0 million or less to shareholders once the subsidiary that holds all of the company's assets is wound-up as the company tries to repay just under EUR600.0 million worth of ...
The Czech government may buy idle Frenstat mine from New World Resources Plc for 1 koruna (4 cents) as part of the unprofitable coal producer's reorganization, Industry and Trade Minister Jan Mladek said.
The Czech government said the owners of troubled coal miner New World Resources Plc were using the prospect of an expensive bankruptcy to blackmail it on the eve of a crucial meeting in which the two sides will seek a way to avert the company's collapse.
London South East (registration) (blog) - Aug 31, 2016
On 7 October 2014, NWR Plc entered into a deed poll, which contains irrevocable undertakings to NWR NV and to each holder of ordinary shares in NWR NV delivered upon conversion of the Convertible Notes, to purchase such ordinary shares in NWR NV ...
The Czech government is seeking to negotiate the future of troubled mining company New World Resources directly with its owners rather than managers who don't have a “clear mandate” for the talks, Industry and Trade Minister Jan Mladek said.