News: New World Resources Plc (NWRR.L)

NWRR.L on London Stock Exchange

1.32GBp
24 Dec 2014
Price Change (% chg)

0.01p (+0.85%)
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1.18p
Open
1.19p
Day's High
1.19p
Day's Low
1.19p
Volume
137,407
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25.96p
52-wk Low
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Tue, Sep 30 2014

Polish miner JSW may sell non-core assets if cost cuts blocked

WARSAW - Poland's JSW, the EU's largest coking coal miner, might have to sell some non-core assets if unions block its efforts to cut costs in response to low global coal prices, its chief executive told Reuters.

Miner NWR says creditors to take up shares left from rights issue

PRAGUE, Sept 30 - Czech hard coal miner New World Resources (NWR) said on Tuesday some holders of its debt would subscribe to 1.25 billion new shares left over from a rights issue after no other investors were procured.

Miner NWR sells 75 pct of new shares in rights issue

PRAGUE, Sept 30 - Czech hard coal miner New World Resources (NWR) said on Tuesday investors took up 3.78 billion new shares in a rights issue that is part of the company's debt and equity restructuring plans.

UPDATE 1-Miner NWR shares fall, rights issue opens

PRAGUE, Sept 10 - Shares in Czech coal miner New World Resources (NWR) plunged to a record low on Wednesday after shares for a rights issue were admitted for listing as a part of its capital restructuring plan.

Miner NWR ends U.S. court process for capital restructuring

PRAGUE, Sept 10 - Czech coal miner New World Resources (NWR) has reached a conclusion of the court process in the United States giving it approval for its planned capital restructuring plan, it said on Wednesday.

UPDATE 2-Miner NWR averts insolvency as bondholders back rescue plan

* Bondholders forced to accept losses, shareholders diluted (Adds details of transaction, updates prices)

UPDATE 1-Miner NWR shareholders approve rights issue as part of restructuring

PRAGUE, Aug 20 - Shareholders of New World Resources (NWR) have approved a rights issue to raise 118 million euros as part of the Czech coal miner's proposed debt and equity restructuring, the company said on Wednesday.

Miner NWR shareholders approve rights issue as part of restructuring

PRAGUE, Aug 20 - Shareholders of Czech coal miner New World Resources (NWR) have approved a rights issue as part of a debt and equity restructuring, the company said on Wednesday.

UPDATE 1-Czech miner NWR says will not pay coupon on unsecured notes

PRAGUE, Aug 15 - Czech coal miner New World Resources will not pay the July 15 coupon on its senior unsecured notes to avoid jeopardizing the company's restructuring plan, it said on Friday.

UPDATE 1-NWR closer to winning bondholder support for restructuring

* Capital restructuring involves debt reduction, new equity

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